703 County Road 1 Rd

FOR SALE
$629,000
703 County Road 1 Rd, Prince Edward County
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
703 County Road 1 Rd
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2 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
9 + 9
ROOMS
X8203338
MLSID
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Property Description
Embrace the possibilities of multi-generational living with this extraordinary property. The walkout basement is a true gem, offering the perfect opportunity to create a comfortable and private in-law suite or accommodate multiple generations under one roof. The bungalow, with its clean mid-century modern architectural lines, seamlessly integrates with the serene rural surroundings. The home's thoughtfully designed layout provides ample space for both privacy and togetherness. The walkout basement boasts three well-appointed bedrooms, a generous living area, a full bathroom, laundry room, and a fully equipped kitchen. This lower level serves as a perfect retreat for guests or extended family. The main level comes complete with vaulted ceilings with exposed beams, a large primary bedroom, spacious second bedroom, full bath and laundry, and an expansive living area. The lush backyard creates an ideal setting for relaxation, entertainment, and cherished moments with loved ones. The large two car garage comes with a separate tool room for an additional storage area. This property presents a great opportunity to embrace a lifestyle that combines the charm of rural living with the conveniences of modern amenities. Whether you're looking to create a dedicated in-law suite, accommodate adult children, or simply enjoy the flexibility of additional living space, this property is ready to adapt to your unique needs. Discover the magic of the County and make this extraordinary bungalow your home.
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
368' x 343'
Acreage
2-4.99
Fronting
South
Taxes
$3,359 (2023)
Basement
Finished, W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain21.29' x 14.63'
2nd BrMain12.11' x 14.63'
KitchenMain10.70' x 17.45'
BathroomMain10.10' x 10.24'4 Pc Bath
LivingMain12.11' x 21.36'
SittingMain10.10' x 10.66'
DiningMain13.25' x 18.14'
FamilyMain13.25' x 11.65'
SunroomMain20.14' x 9.65'
BrLower13.45' x 18.96'
2nd BrLower13.16' x 11.65'
3rd BrLower12.43' x 15.29'
Prince Edward County Market Statistics
Prince Edward County Price Trend
703 County Road 1 Rd is a 2-bedroom 2-bathroom home listed for sale at $629,000, which is $74,750 (10.6%) lower than the average sold price of $703,750 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County increased by $20,396 (3.0%) compared to the previous 30 day period (March 9 - April 7) and up $52,084 (8.0%) from the same time one year ago.
Inventory Change
There were 29 2-bedroom homes listed in Prince Edward County over the last 30 days (April 8 - May 7), which is up 7.4% compared with the previous 30 day period (March 9 - April 7) and up 107.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold $85 (0.0%) above asking price over the last 30 days (April 8 - May 7), which represents a $24,385 increase compared to the previous 30 day period (March 9 - April 7) and ($47,966) 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 2-bedroom homes in Prince Edward County over the last 30 days (April 8 - May 7) stood at 48.3%, up from 40.7% over the previous 30 days (March 9 - April 7) and up from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Prince Edward County stood at 72 days when successfully sold over the last 30 days (April 8 - May 7), compared to 88 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Lanthorn Real Estate Ltd.
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