301 Main St W
Otterville, Norwich, N0J 1R0
FOR SALE
$575,000
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3
BEDROOMS1
BATHROOMS1
KITCHENS7 + 1
ROOMSX9051139
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Property Description
Located in the upscale village of Otterville, this home boasts neutral, modern styling in a cute little package. Offering a total of 3 bedrooms and 1 well-appointed bathroom, there is ample space for the whole family. The house is carpet-free, providing easy maintenance and a modern feel. The kitchen is a highlight, featuring stainless steel and black appliances, ample cupboard space and peninsula seating. Immediately opposite there is a convenient breakfast nook with backyard access, as well as a separate dining area for larger family gatherings. The cozy living room is a perfect place to unwind at the end of a long day. To complete the main floor there is a bonus space (currently being used as a hair salon) with laundry facilities. Upstairs, there is a spacious master bedroom that includes a generous walk-in closet and cheater access to the 5-piece bathroom. There are also 2 additional bedrooms, perfect for children or guests. The partially finished basement offers plenty of potential for customization to suit your needs. Outside, entertain or relax on the deck that overlooks the fully fenced private backyard. The single car detached garage offers additional storage and completes this picture-perfect family home. Don't miss out on this incredible opportunity to live in a desirable location at an affordable price!
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Property Features
Golf, Library, Park, Place Of Worship, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
60' x 130'
Acreage
< .50
Fronting
South
Taxes
$1,671 (2024)
Basement
Part Fin
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.42' x 12.40' | |
| Dining | Main | 15.68' x 8.99' | |
| Breakfast | Main | 15.32' x 9.58' | |
| Kitchen | Main | 11.84' x 13.75' | |
| Prim Bdrm | 2nd | 9.74' x 19.32' | |
| 2nd Br | 2nd | 10.99' x 15.91' | |
| 3rd Br | 2nd | 8.66' x 15.26' | |
| Rec | Bsmt | 15.32' x 20.18' |
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Norwich Market Statistics
Norwich Price Trend
301 Main St W is a 3-bedroom 1-bathroom home listed for sale at $575,000, which is $497,500 (46.4%) lower than the average sold price of $1,072,500 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Norwich increased by $532,500 (98.6%) compared to the previous 30 day period (July 21 - August 19) and up $604,500 (129.2%) from the same time one year ago.Inventory Change
There were 6 3-bedroom homes listed in Norwich over the last 30 days (August 20 - September 18), which is up 200.0% compared with the previous 30 day period (July 21 - August 19) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Norwich typically sold $25,050 (2.3%) above asking price over the last 30 days (August 20 - September 18), which represents a $42,500 increase compared to the previous 30 day period (July 21 - August 19) and ($7,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Norwich over the last 30 days (August 20 - September 18) stood at 33.3%, down from 100.0% over the previous 30 days (July 21 - August 19) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Norwich stood at 8 days when successfully sold over the last 30 days (August 20 - September 18), compared to 91 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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