$1,249,000
For sale: Detached

Exquisite builders model home with fine attention to detail situated in the beautiful rural community of Marchmont. Now vacant and ready for immediate occupancy. One of the largest bungalows on the market - 2,034 square feet by design plus 200 square foot 3-season room leading to 16' x 23' deck to accent back yard enjoyment. Mainly cleared and relatively level 0.83-acre lot with septic in the front. Triple garage with finished interior including floor covering and back garage door to allow access to back yard. The main floor has three spacious bedrooms, 2 1/2 bathrooms, laundry, combination kitchen, dining area and living room with gas fireplace. 9' ceilings. The basement is ready to be finished with 97" height, windows above grade, and rough-in bathroom. Upgrades include: sprinkler system, up-lighting for front yard, fenced yard, Generac generator, pot lights, heated ensuite floor, heated garage and many other fine details. 6 km from Hwy12 and Hwy 11 interchange and shopping area.
Sold data
Homes in Severn (Marchmont) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 62, across 74 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 76 days.
The median sale price was $716,606.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 74 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.
Currently for sale

$1,398,000
Detached2232 LAKESHORE DRIVE, Rural Ramara, Ramara

$1,223,000
Detached47 MEADOWLANDS DRIVE, Otterville, Norwich

$1,275,000
Detached1897 MARCHMONT ROAD, Marchmont, Severn

$1,248,000
Detached3 NORDIC TRAIL, Horseshoe Valley, Oro-Medonte

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Detached13 ALPINE WAY, Horseshoe Valley, Oro-Medonte

$1,049,900
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$999,900
Detached34 OAKWOOD AVENUE, Rural Tiny, Tiny

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Detached3134 GOLDSTEIN ROAD, West Shore, Severn