114 Michael's Way

FOR SALE
$899,000
114 Michael's Way, Prince Edward County
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
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Property Description
Masterfully laid out & thoughtfully crafted walk-out home in a conveniently located executive subdivision at the doorstep of Prince Edward County. With over 2800 sq ft of finished space on a generous 114 lot with a 3 bay garage, plus the comfort of municipal water & FIBE internet the uncompromising lifestyle of this home is unmatched. Gorgeous main floor primary suite with beautifully executed ensuite bath, plus privately located 2nd & 3rd flex-use rooms each complimented by full baths, this home will suit families of all kinds. Discerningly constructed from beautifully selected finishes, well imagined layout & high-end features including perfectly placed built-ins, high ceilings, partially covered rear deck with stairs to grade, oversized patio door and carefully crafted millwork- each putting this newly constructed home a step above the rest. Be impressed, and Feel At Home on Michael's Way in Carrying Place.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-10 2024-10-04 24 $899,000 - Terminated
2024-06-20 2024-09-10 82 $899,000 - Terminated
2024-01-10 2024-05-30 141 $899,000 - Terminated
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
114' x 176'
Acreage
< .50
Fronting
West
Basement
Fin W/O
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain6.23' x 15.68'
LivingMain15.12' x 19.16'Gas Fireplace, W/O To Deck
KitchenMain11.42' x 10.27'Centre Island
DiningMain9.51' x 12.34'Combined W/Kitchen
MudroomMain6.89' x 10.70'Access To Garage
LaundryMain6.89' x 6.23'Combined W/Master
2nd BrMain13.55' x 9.91'
Prim BdrmMain12.89' x 13.16'Ensuite Bath, W/I Closet
RecLower23.59' x 26.41'Walk-Out
3rd BrLower13.52' x 25.13'
Prince Edward County Market Statistics
Prince Edward County Price Trend
114 Michael's Way is a 2-bedroom 3-bathroom home listed for sale at $899,000, which is $308,808 (52.3%) higher than the average sold price of $590,192 in the last 30 days (September 18 - October 17). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County declined by $20,908 (3.4%) compared to the previous 30 day period (August 19 - September 17) and down $104,535 (15.0%) from the same time one year ago.
Inventory Change
There were 23 2-bedroom homes listed in Prince Edward County over the last 30 days (September 18 - October 17), which is down 17.9% compared with the previous 30 day period (August 19 - September 17) and down 11.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold ($32,553) (5.5%) below asking price over the last 30 days (September 18 - October 17), which represents a $2,304 decrease compared to the previous 30 day period (August 19 - September 17) and ($25,390) less 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 Prince Edward County over the last 30 days (September 18 - October 17) stood at 56.5%, up from 35.7% over the previous 30 days (August 19 - September 17) and up from 42.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Prince Edward County stood at 77 days when successfully sold over the last 30 days (September 18 - October 17), compared to 90 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Proalliance Realty
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