$478,000
For sale: Detached

Attention first-time home buyers and investors! Welcome to this bright and clean raised bungalow in desirable Otterville. Built in 2004, this home sits on an impressive 224-foot-deep, wooded lot offering plenty of outdoor space and privacy. Featuring 2+1 bedrooms, one bathroom, and hard-surface flooring throughout, the home offers a functional layout with plenty of potential to make it your own. Step outside to enjoy the raised deck just off the kitchen, perfect for relaxing or entertaining. Vacant and move-in ready, this property presents a great opportunity for first-time buyers looking to enter the market, investors seeking their next addition, or buyers looking for a home with room to personalize. The seller is also willing to consider a Vendor Take-Back (VTB) mortgage, offering added flexibility for qualified buyers. Don't miss this opportunity to own a home in the welcoming community of Otterville!
Sold data
Homes in Otterville took a median of 29 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 71, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $1,099,000.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 26% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 1 year — 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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