$375,000
For sale: Vacant Land

DEVELOPER VTB OPTIONS AVAILABLE! Spring Meadow Estates is located on the East side of the expanding, but quaint town of Otterville. This lot is nearly 3/4 of an acre, providing ample opportunity to make this lot become your dream oasis, including a triple car garage and a detached garage for your toys! You can bring your own builder, or we can refer you to reputable builders! Are you looking to build your dream home on a quiet street, in a sophisticated neighborhood? Don't hesitate to reach out for more information! Lots also available overlooking an open field. This lot backs onto and over looks open fields, and a home next door available to reside in for those needing to live nearby while building your dream home! Fiber Optics, Natural Gas, Hydro, Town Water are all available on the lot.
Sold data
Homes in Norwich (Otterville) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 71, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $689,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 22% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Norwich (Otterville) has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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