$1,495,000
For sale: Detached

Welcome to 41 Meadowlands Drive in the beautiful community of Otterville, where an exciting opportunity awaits to build your dream home. This to-be-built home by Everest Estate offers an impressive blend of quality craftsmanship, modern design, and comfortable family living. Featuring 3 bedrooms, 3 bathrooms, and approximately 2,258 sq. ft. of finished main-floor living space, the thoughtfully designed layout offers plenty of room for both everyday living and entertaining. The open-concept main living area is complemented by spacious bedrooms and quality finishes throughout. Additional features include hardwood flooring, a paved driveway, generator transfer switch, in-ground irrigation, and the opportunity to build a detached shop or garage, offering even more flexibility for your needs. Located in a quiet Otterville neighborhood, this is an excellent opportunity to build a quality home in a desirable community. As an added bonus, a fully renovated home on the adjacent farm is available for the buyers to use on an interim basis while their new home is being built-making the transition into your new home that much easier.
Sold data
Detached homes in Norwich (Otterville) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 71, across 35 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $689,900.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 35 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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