23849 GIBB LINE, West Elgin

$890,000

For sale: Other

Other at 23849 GIBB LINE, West Elgin
Property type
Farm
MLS®
MLS® X12503958
Neighbourhood
Rural West Elgin

Discover this 53.345 acre farm located just south of Wardsville, Ontario. This productive and versatile property with approximately 41 workable acres of fertile loam and clay loam soils is ideal for a variety of crops. The remaining 10 acres feature a beautiful mature woodlot at the rear, highlighted by stately oak trees ready for harvest. The land is part systematically tiled and part random (no maps available), with soil fertility data and yield history on hand for serious buyers. An unopened road allowance borders the east side of the parcel, and hydro is the only existing service. This property offers an excellent opportunity for farmers, investors, or anyone seeking a well balanced mix of productive farmland and managed woodland in a peaceful rural setting.

Sold data

Homes in West Elgin — recent sold market

Homes in West Elgin took a median of 33 days to sell over the last 365 days, with the quickest quarter selling within 23 days and the slowest quarter taking more than 54, across 73 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.

The median sale price was $449,900.

Homes sold for about 3.9% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
33
Median sale price
$449,900
Sale-to-list ratio
96.1%
Sold above asking
5%

Based on 73 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.

Currently for sale

Homes for sale near 23849 GIBB LINE