5678 Upper Big Chute Rd

FOR SALE
$299,900
5678 Upper Big Chute Rd, Severn
5678 Upper Big Chute Rd
5678 Upper Big Chute Rd
5678 Upper Big Chute Rd
5678 Upper Big Chute Rd
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2
BEDROOMS
1
BATHROOMS
0
KITCHENS
3
ROOMS
S7237472
MLSID
Contact Us
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!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-04-03 2023-10-21 201 $325,000 - Suspended
Property Details
Community
City
Property Type
Detached, 2-Storey
Acreage
< .50
Lot Irregularities
55.74' + 52.52' + 70.92' +104.74'
Fronting
East
Taxes
$650 (2023)
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
Room Summary
RoomLevelSizeFeatures
Br2nd10.01' x 10.01'
Br2nd10.01' x 10.01'
Bathroom2nd6.00' x 4.99'
Severn Market Statistics
Severn Price Trend
5678 Upper Big Chute Rd is a 2-bedroom 1-bathroom home listed for sale at $299,900, which is $279,100 (48.2%) lower than the average sold price of $579,000 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 2 bedroom home in Severn declined by $422,250 (42.2%) compared to the previous 30 day period (March 5 - April 3) and down $111,000 (16.1%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Severn over the last 30 days (April 4 - May 3), which is up 50.0% compared with the previous 30 day period (March 5 - April 3) and down 40.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Severn typically sold ($15,450) (2.7%) below asking price over the last 30 days (April 4 - May 3), which represents a $12,750 increase compared to the previous 30 day period (March 5 - April 3) and ($19,900) 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 (April 4 - May 3) stood at 33.3%, down from 50.0% over the previous 30 days (March 5 - April 3) and up from 20.0% 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 73 days when successfully sold over the last 30 days (April 4 - May 3), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 B.J. Roth Realty Ltd.
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