3783 Sunbank Cres Lot 39
West Shore, Severn, L3V 6H3
FOR SALE
$1,600,000
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Property Description
Paradise By The Lake, A Four-Season Home Community In Menoke Beach Road From Deka Development Elegantly Fuses The Essence Of The Country With The Convenience And Connectedness Of The City. With Highway 400 And Highway 11 At Your Doorstep, Find Yourself In Orillia, Casino Rama, Muskoka Or Barrie Within 30 Minutes, Or Reach Toronto In Less Than One And Half Hours.
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Property Features
Beach, Lake/Pond, Park, Skiing
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
16' x 29'
Fronting
South
Basement
None
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Severn Market Statistics
Severn Price Trend
3783 Sunbank Cres Lot 39 is a 3-bedroom 3-bathroom home listed for sale at $1,600,000, which is $613,334 (62.2%) higher than the average sold price of $986,666 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Severn increased by $128,064 (14.9%) compared to the previous 30 day period (September 27 - October 26) and up $203,666 (26.0%) from the same time one year ago.Inventory Change
There were 14 3-bedroom homes listed in Severn over the last 30 days (October 27 - November 25), which is down 17.6% compared with the previous 30 day period (September 27 - October 26) and down 17.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Severn typically sold ($21,566) (2.2%) below asking price over the last 30 days (October 27 - November 25), which represents a $29,451 increase compared to the previous 30 day period (September 27 - October 26) and ($50,540) 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 Severn over the last 30 days (October 27 - November 25) stood at 42.9%, down from 58.8% over the previous 30 days (September 27 - October 26) and up from 29.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Severn stood at 99 days when successfully sold over the last 30 days (October 27 - November 25), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
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