322 MICHAELS WAY

FOR SALE
$899,900
322 MICHAELS WAY, Prince Edward County
322 MICHAELS WAY
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
X9283175
MLSID
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Property Description
New split entry home. The Erie model has 3 bedrooms and 2 baths up with rec room full bath and bedroom/exercise on lower level 9' ceilings on main. Pot lights in Great Rm & Kitchen. Ceramic tile in baths and glass and ceramic shower in ensuite. Hard surface counter tops kitchen and baths. Covered deck at rear with gas line. Insulated garage door with key pad and openers. Municipal water. Lot is seeded. HST & Tarion Warranty included in price.
Property Features
Level
Property Details
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
175' x 180'
Fronting
East
Basement
Full, Part Fin
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Great RmMain16.50' x 14.67'
DiningMain11.15' x 11.75'
KitchenMain12.66' x 8.83'
Prim BdrmMain12.66' x 13.98'
2nd BrMain12.60' x 10.66'
3rd BrMain10.30' x 11.98'
RecLower17.49' x 23.82'
ExerciseLower10.99' x 12.66'
LaundryMain8.99' x 8.99'
Prince Edward County Market Statistics
Prince Edward County Price Trend
322 MICHAELS WAY is a 3-bedroom 3-bathroom home listed for sale at $899,900, which is $184,820 (25.8%) higher than the average sold price of $715,080 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $39,812 (5.3%) compared to the previous 30 day period (September 21 - October 20) and down $78,171 (9.9%) from the same time one year ago.
Inventory Change
There were 25 3-bedroom homes listed in Prince Edward County over the last 30 days (October 21 - November 19), which is down 24.2% compared with the previous 30 day period (September 21 - October 20) and down 7.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($46,529) (6.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $17,884 decrease compared to the previous 30 day period (September 21 - October 20) and ($52,508) 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 3-bedroom homes in Prince Edward County over the last 30 days (October 21 - November 19) stood at 120.0%, up from 42.4% over the previous 30 days (September 21 - October 20) and up from 40.7% 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 77 days when successfully sold over the last 30 days (October 21 - November 19), compared to 107 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Quinte Ltd.
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