311371 HWY 6

FOR SALE
$775,000
311371 HWY 6, Southgate
311371 HWY 6
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
13
ROOMS
X11880231
MLSID
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Property Description
Check out this opportunity to own an exceptional 2+ acre country retreat just minutes from Mt. Forest! This property combines the beauty of rural living with the comforts of a recently renovated home. With a unique blend of charm and modern updates, it's ready for your personal touch to make it truly yours. Act quickly this recently severed property offers unparalleled privacy and a distinct piece of the countryside all to yourself. Don't let this rare chance slip away. Contact your REALTOR today to schedule a viewing before it's gone!
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
1' x 337'
Acreage
2-4.99
Taxes
$2,500 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
Southgate Market Statistics
Southgate Price Trend
311371 HWY 6 is a 3-bedroom 2-bathroom home listed for sale at $775,000, which is $402,450 (108.0%) higher than the average sold price of $372,550 in the last 30 days (December 7 - January 5). During the last 30 days the average sold price for a 3 bedroom home in Southgate declined by $333,783 (47.3%) compared to the previous 30 day period (November 7 - December 6) and down $1,447,450 (79.5%) from the same time one year ago.
Inventory Change
There were 7 3-bedroom homes listed in Southgate over the last 30 days (December 7 - January 5), which is down 72.0% compared with the previous 30 day period (November 7 - December 6) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Southgate typically sold ($9,910) (2.7%) below asking price over the last 30 days (December 7 - January 5), which represents a $20,686 increase compared to the previous 30 day period (November 7 - December 6) and ($229,900) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Southgate over the last 30 days (December 7 - January 5) stood at 2,128.6%, up from 12.0% over the previous 30 days (November 7 - December 6) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Southgate stood at 60 days when successfully sold over the last 30 days (December 7 - January 5), compared to 110 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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Check out this opportunity to own an exceptional 2+ acre country retreat just minutes from Mt. Forest! This property combines the beauty of rural living with the comforts of a recently renovated home. With a unique blend of charm and modern updates, it's ready for your personal touch to make it truly yours. Act quickly this recently severed property offers unparalleled privacy and a distinct piece of the countryside all to yourself. Don't let this rare chance slip away. Contact your REALTOR today to schedule a viewing before it's gone!
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