154 Elmbrook Rd
Sophiasburgh, Prince Edward County, K0K 2T0
FOR SALE
$369,900
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Property Description
Transform this cozy cottage into your Dream Home. This property, though in need of some TLC, presents endless opportunities. This property offers an exceptional opportunity to keep using it as a cottage, renovate what is existing, or create the home you've always dreamed of. Situated on a lovely 1.9 acre lot just 8 minutes to Picton, 13 to Bloomfield and 20 minutes to the Sandbanks. Prince Edward County has become a highly sought-after destination because of its wineries, charming lifestyle and award winning culinary chefs at great restaurants. It's a fast-growing haven for creative types from all over, making for an appealing mix of country charm and urban sensibilities. Live where you love to visit!
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Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
228' x 373'
Fronting
South
Taxes
$1,073 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Parking Spaces
8
Driveway
Private
Garage Type
None
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Prince Edward County Market Statistics
Prince Edward County Price Trend
154 Elmbrook Rd is a 1-bedroom 1-bathroom home listed for sale at $369,900, which is $231,600 (38.5%) lower than the average sold price of $601,500 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 1 bedroom home in Prince Edward County increased by $256,500 (74.3%) compared to the previous 30 day period (March 6 - April 4) and down $298,400 (33.2%) from the same time one year ago.Inventory Change
There were 5 1-bedroom homes listed in Prince Edward County over the last 30 days (April 5 - May 4), which is up 66.7% compared with the previous 30 day period (March 6 - April 4) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Prince Edward County typically sold ($34,950) (5.8%) below asking price over the last 30 days (April 5 - May 4), which represents a $39,950 decrease compared to the previous 30 day period (March 6 - April 4) and $0 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 1-bedroom homes in Prince Edward County over the last 30 days (April 5 - May 4) stood at 40.0%, up from 33.3% over the previous 30 days (March 6 - April 4) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom home in Prince Edward County stood at 18 days when successfully sold over the last 30 days (April 5 - May 4), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Proalliance Realty
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