2891 Highway 49

FOR SALE
$799,000
2891 Highway 49, Prince Edward County
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 4
ROOMS
X7010524
MLSID
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Property Description
Fully furnished modern 4 bedroom home sits on 3.3 acres and is in close proximity to Picton as well as quick access to highway. Fully licensed STA with a brand new above ground pool (June 2023) can allow for an income opportunity. Backyard private walking trail, multi-level back deck, & hot tub add to an incredible outside experience while the arcade in the basement ensures there is always something to do. The oversized garage provides extra storage and enlarged driveway make this home an entertainer's dream. This is an incredible turn key family home or an STA investor opportunity that won't last long!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-18 2023-12-29 102 $799,000 - Suspended
Extras
Water filtration system and air ducts regularly maintained.
Property Details
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2000-2500
Lot Size
325' x 500'
Acreage
2-4.99
Fronting
East
Taxes
$3,165 (2023)
Basement
Finished
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Abv Grnd
Parking Spaces
4
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain4.66' x 6.66'
LivingMain13.75' x 15.49'
DiningMain11.15' x 11.22'
KitchenMain11.15' x 11.98'
BrMain11.06' x 13.25'
2nd BrMain10.07' x 9.58'
3rd BrMain10.07' x 9.74'
4th BrBsmt11.65' x 10.56'
RecBsmt23.00' x 17.91'
SittingBsmt11.32' x 19.00'
Prince Edward County Market Statistics
Prince Edward County Price Trend
2891 Highway 49 is a 3-bedroom 3-bathroom home listed for sale at $799,000, which is $127,643 (19.0%) higher than the average sold price of $671,357 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $166,413 (19.9%) compared to the previous 30 day period (February 28 - March 28) and down $116,909 (14.8%) from the same time one year ago.
Inventory Change
There were 47 3-bedroom homes listed in Prince Edward County over the last 30 days (March 29 - April 27), which is up 4.4% compared with the previous 30 day period (February 28 - March 28) and up 213.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($23,918) (3.6%) below asking price over the last 30 days (March 29 - April 27), which represents a $14,124 decrease compared to the previous 30 day period (February 28 - March 28) and ($3,316) 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 3-bedroom homes in Prince Edward County over the last 30 days (March 29 - April 27) stood at 44.7%, up from 37.8% over the previous 30 days (February 28 - March 28) and up from 40.0% 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 Prince Edward County stood at 61 days when successfully sold over the last 30 days (March 29 - April 27), compared to 122 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Agency
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