$1,150,000
For sale: Detached

On the edge of Norwich, this one of a kind 5.4 acre property is now offered to the market for the first time! A property located in a private setting off of a dead end side street. A century home that has had a number of updates over time, including a steel roof and an attached two car garage. Starting with a laneway that has room to hold any number of vehicles, trailers or RVs that you may have. The main floor features a spacious kitchen, dining room, a sun filled living room, primary bedroom, laundry and several additional rooms! Upstairs one will find an additional 4 bedrooms and 2 pc bath. The basement is full height and offers potential to be finished, with one room already drywalled. Outside there is approx. 2.5 acres in field as well as a mini barn surrounded by fencing, perfect for chickens or a few animals. The property sits within the edge of the town of Norwich and may off more opportunities in the future. Do not wait to view this one of a kind property!
Sold data
Detached homes in Norwich (Norwich Town) took a median of 42 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 88, across 32 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.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 $694,800.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 38% of sellers reduced their price before finding a buyer.
Based on 32 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 (Norwich Town) has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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