5678 UPPER BIG CHUTE Rd
Rural Severn, Severn, L0K 1E0
FOR SALE
$249,900
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2
BEDROOMS1
BATHROOMS0
KITCHENS3
ROOMSS10403006
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Property Description
Welcome to 5678 Big Chute road! Located directly across from Severn Falls Marina, you can catch breathtaking views of the Trent Severn Waterway from your balcony or walk to the water, restaurant and marina in just a few steps. This is the perfect handyman's project. Enjoy the best of cottage country with your own piece of Severn Falls!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-21 | 2024-10-31 | 376 | $249,900 | - | Expired |
| 2023-04-03 | 2023-10-21 | 201 | $325,000 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Acreage
< .50
Lot Irregularities
55.74' + 52.52' + 70.92' +104.74'
Fronting
East
Taxes
$655 (2024)
Basement
Crawl Space, Unfinished
Exterior
Alum Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | 2nd | 10.01' x 10.01' | |
| Br | 2nd | 10.01' x 10.01' | |
| Bathroom | 2nd | 6.00' x 4.99' |
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Severn Market Statistics
Severn Price Trend
5678 UPPER BIG CHUTE Rd is a 2-bedroom 1-bathroom home listed for sale at $249,900, which is $81,930 (24.7%) lower than the average sold price of $331,830 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Severn declined by $235,614 (41.5%) compared to the previous 30 day period (November 19 - December 18) and down $568,170 (63.1%) from the same time one year ago.Inventory Change
There were 4 2-bedroom homes listed in Severn over the last 30 days (December 19 - January 17), which is down 71.4% compared with the previous 30 day period (November 19 - December 18) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Severn typically sold $6,496 (2.0%) above asking price over the last 30 days (December 19 - January 17), which represents a $4,407 increase compared to the previous 30 day period (November 19 - December 18) and ($65,000) 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 2-bedroom homes in Severn over the last 30 days (December 19 - January 17) stood at 375.0%, up from 64.3% over the previous 30 days (November 19 - December 18) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Severn stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 158 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Incentive Realty Inc.
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