55 COUNTY ROAD 1
Hallowell, Prince Edward County, K0K 2T0
FOR SALE
$880,000

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3 + 2
BEDROOMS2
BATHROOMS1
KITCHENS7 + 5
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Property Description
This newly built custom home on a large lot 3 minutes from Picton is waiting for its next family. The beautiful home was designed with comfort and flexible living in mind. The upper floor contains an open concept floor plan with a seamless flow between the kitchen, dining room and living room all opening out onto the large deck overlooking the backyard and treed lot. Perfect for entertaining! With a large bathroom and 3 bedrooms, the main floor alone offers over 1300 s.f of lovely living space. Add to this the fully finished lower level with a huge family room, another full bathroom and 2 more bedrooms and you get over 2600 s.f of liveable space. The lower floor has a walk-out to its own patio and a roughed in kitchen giving the flexibility for it to become a separate rental or the perfect in-law suite. The house has been designed so that the lower space can easily be closed off from the rest of the house or it can remain open as it is now and used as one large home. The 2-car garage has lots of height, extra depth and windows all along the back wall. The home has been built to exceed the building code. It is energy efficient with ICF block foundation, R-60 in the ceiling, a full foot of foam insulation in the walls and 100% LED lighting. It was built with 16" centres and has a metal roof. From the excellent construction to the granite kitchen countertops, this home truly has it all.
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Property Features
Hospital, Library, Marina, Park, Place Of Worship, Rec Centre
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Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
115' x 182'
Fronting
South
Taxes
$1,937 (2024)
Basement
Fin W/O
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.06' x 12.63' | Granite Counter |
Living | Main | 12.60' x 20.34' | W/O To Deck |
Dining | Main | 11.25' x 12.63' | Open Concept |
Bathroom | Main | 4.89' x 8.37' | 3 Pc Bath |
Prim Bdrm | Main | 10.17' x 10.86' | |
2nd Br | Main | 9.71' x 9.97' | |
3rd Br | Main | 9.12' x 9.88' | |
Family | Lower | 20.54' x 30.25' | |
Bathroom | Lower | 5.45' x 9.81' | 3 Pc Bath |
4th Br | Lower | 10.27' x 12.89' | |
5th Br | Lower | 8.99' x 9.22' | |
Furnace | Lower | 8.86' x 10.27' |
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Prince Edward County Market Statistics
Prince Edward County Price Trend
55 COUNTY ROAD 1 is a 3-bedroom 2-bathroom home listed for sale at $880,000, which is $106,800 (13.8%) higher than the average sold price of $773,200 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County increased by $187,220 (31.9%) compared to the previous 30 day period (December 22 - January 20) and up $132,629 (20.7%) from the same time one year ago.Inventory Change
There were 24 3-bedroom homes listed in Prince Edward County over the last 30 days (January 21 - February 19), which is up 50.0% compared with the previous 30 day period (December 22 - January 20) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($84,230) (10.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $71,630 decrease compared to the previous 30 day period (December 22 - January 20) and ($44,414) 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 (January 21 - February 19) stood at 41.7%, up from 31.2% over the previous 30 days (December 22 - January 20) and up from 25.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Prince Edward County stood at 76 days when successfully sold over the last 30 days (January 21 - February 19), compared to 144 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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