7458 5th Line

Rural Essa, Essa, L0M 1B1
FOR SALE
$1,080,000
7458 5th Line, Essa
7458 5th Line
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 4
ROOMS
N11983149
MLSID
Contact Us
Property Description
Don't miss out the opportunity to own a 1.85 acre lot in this market. Plenty of upgrades including kitchen, bathroom and flooring. We have a double garage with a workshop attached and a separate entrance to the lower level. Lets not forget a finished basement with a secondary kitchen rough in. Enjoy some peace and quite in your beautiful backyard! **EXTRAS** Star link antenna was installed for better internet service.
Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
400' x 197'
Fronting
South
Taxes
$3,504 (2024)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain13.12' x 13.78'Semi Ensuite
BrMain12.80' x 13.12'
BrMain9.51' x 9.84'
LivingMain13.12' x 17.39'Laminate, Open Concept
RecBsmt17.06' x 20.67'Laminate, Open Concept, Fireplace
LivingBsmt10.33' x 20.67'Laminate
BrBsmt7.87' x 12.14'Laminate
Essa Market Statistics
Essa Price Trend
7458 5th Line is a 3-bedroom 2-bathroom home listed for sale at $1,080,000, which is $332,667 (44.5%) higher than the average sold price of $747,333 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Essa increased by $4,583 (0.6%) compared to the previous 30 day period (December 22 - January 20) and up $180 (0.0%) from the same time one year ago.
Inventory Change
There were 17 3-bedroom homes listed in Essa over the last 30 days (January 21 - February 19), which is up 112.5% compared with the previous 30 day period (December 22 - January 20) and down 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Essa typically sold ($30,000) (4.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,300 decrease compared to the previous 30 day period (December 22 - January 20) and ($13,653) 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 Essa over the last 30 days (January 21 - February 19) stood at 70.6%, up from 25.0% over the previous 30 days (December 22 - January 20) and up from 65.0% 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 Essa stood at 30 days when successfully sold over the last 30 days (January 21 - February 19), compared to 93 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Security Real Estate
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