3938 Longford Mills Rd
Rural Ramara, Ramara, L0K 1L0
FOR SALE
$495,000
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Property Description
Newly Renovated, Quaint and Charming 3-Bedroom Bungalow - A Gem Near Exciting Casino Rama Resort! Welcome to your dream home steps away from the excitement of Casino Rama Resort and only 90 minutes from Toronto! This Newly Updated, 3-Bedroom Bungalow is the perfect blend of modern luxury and classic charm, offering superb income potential, it's many entrances making it easy to turn a portion of the home into a rental space or even a cozy guest suite! Nestled between the serene Lake St. John to the East and picturesque Lake Couching to the West, you'll experience the best of waterfront living. Enjoy the lakeside atmosphere and fully fenced property, just a short drive from world class entertainment and spa, or spend the evening in your own hot tub!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-05-27 | 2022-06-03 | 7 | $299,900 | $270,000 | Sold |
| 2022-04-22 | 2022-05-16 | 24 | $349,900 | - | Terminated |
| 2022-05-17 | 2022-05-27 | 10 | $324,900 | - | Terminated |
| 2022-04-22 | 2022-05-16 | 24 | $349,900 | - | Terminated |
| 2022-05-27 | 2022-06-03 | 7 | $299,900 | $270,000 | Sold |
| 2022-05-17 | 2022-05-27 | 10 | $324,900 | - | Terminated |
| 2022-04-22 | 2022-05-16 | 24 | $349,900 | - | Terminated |
| 2022-05-27 | 2022-06-03 | 7 | $299,900 | $270,000 | Sold |
| 2022-05-17 | 2022-05-27 | 10 | $324,900 | - | Terminated |
| 2022-04-22 | 2022-05-16 | 24 | $349,900 | - | Terminated |
| 2022-05-27 | 2022-06-04 | 8 | $299,900 | $270,000 | Sold |
| 2022-05-17 | 2022-05-27 | 10 | $324,900 | - | Terminated |
| 2022-04-22 | 2022-05-16 | 24 | $349,900 | - | Terminated |
Extras
Newer roof (2020), updated electrical panel (2020), and a natural gas furnace (2014). Hot tub not yet wired. Buyer to verify all measurements.
Property Features
Lake/Pond
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
70' x 96'
Acreage
< .50
Fronting
North
Taxes
$2,361 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
2
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.99' x 13.58' | Breakfast Bar |
| Living | Main | 11.09' x 15.42' | Laminate, Wood Stove, Sliding Doors |
| Sunroom | Main | 6.59' x 12.60' | Laminate, Picture Window |
| Sitting | Main | 7.74' x 14.07' | Laminate, Large Window, Side Door |
| Br | Main | 8.01' x 11.58' | Laminate, Window |
| 2nd Br | Main | 8.01' x 10.93' | Laminate, Window |
| 3rd Br | Main | 7.91' x 10.60' | Laminate, Window |
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Ramara Market Statistics
Ramara Price Trend
3938 Longford Mills Rd is a 3-bedroom 2-bathroom home listed for sale at $495,000, which is $425,428 (46.2%) lower than the average sold price of $920,428 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Ramara increased by $313,928 (51.8%) compared to the previous 30 day period (February 26 - March 26) and down $31,238 (3.3%) from the same time one year ago.Inventory Change
There were 32 3-bedroom homes listed in Ramara over the last 30 days (March 27 - April 25), which is up 33.3% compared with the previous 30 day period (February 26 - March 26) and up 128.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Ramara typically sold ($26,514) (2.9%) below asking price over the last 30 days (March 27 - April 25), which represents a $5,569 decrease compared to the previous 30 day period (February 26 - March 26) and $19,333 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 Ramara over the last 30 days (March 27 - April 25) stood at 21.9%, down from 33.3% over the previous 30 days (February 26 - March 26) and up from 21.4% 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 Ramara stood at 27 days when successfully sold over the last 30 days (March 27 - April 25), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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