2543 3rd Ave E
Owen Sound, Owen Sound, N4K 2M5
FOR SALE
$435,000
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3
BEDROOMS2
BATHROOMS1
KITCHENS9 + 3
ROOMSX12006593
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Property Description
Located in a prime east side location near Georgian Bay and the rail trail, this charming 3-bedroom, 2-bathroom home offers both convenience and tranquility. Situated on a quiet, dead-end street, you'll enjoy peaceful arrivals and departures without the hustle of busy traffic. Featuring a backsplit layout, the home provides a pleasing separation between the bedrooms and main living areas. The basement currently houses a laundry room and a convenient half-bathroom, with potential to be transformed into an additional recreational space with some finishing touches. This property presents an excellent opportunity to enter the market and customize updates to your liking, making it a wonderful prospect for those seeking a cozy, well-located home to call their own.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-09 | 2024-10-08 | 91 | $469,000 | - | Terminated |
| 2024-07-09 | 2024-10-08 | 91 | $469,000 | - | Terminated |
| 2024-10-09 | 2024-11-30 | 52 | $435,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 3
Lot Size
50' x 110'
Fronting
East
Taxes
$4,011 (2024)
Basement
Part Fin
Exterior
Alum Siding, Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Owen Sound Market Statistics
Owen Sound Price Trend
2543 3rd Ave E is a 3-bedroom 2-bathroom home listed for sale at $435,000, which is $40,000 (10.1%) higher than the average sold price of $395,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Owen Sound declined by $107,500 (21.4%) compared to the previous 30 day period (December 22 - January 20) and down $105,000 (21.0%) from the same time one year ago.Inventory Change
There were 16 3-bedroom homes listed in Owen Sound over the last 30 days (January 21 - February 19), which is up 77.8% compared with the previous 30 day period (December 22 - January 20) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Owen Sound typically sold ($27,000) (6.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $13,550 decrease compared to the previous 30 day period (December 22 - January 20) and ($20,000) 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 Owen Sound over the last 30 days (January 21 - February 19) stood at 50.0%, down from 88.9% over the previous 30 days (December 22 - January 20) and down from 75.0% 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 Owen Sound stood at 101 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton-Sound Realty
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