1050 Privet Dr

Minden Hills, K0M 2A1
FOR SALE
$899,000
1050 Privet Dr, Minden Hills
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
X8217830
MLSID
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Property Description
Opportunity Knocks! Welcome to 1050 Privet Drive in Minden Hills. This 2 acre riverfront property consists of 2 dwellings. #1050 is a 3 bdrm/2 bath bungalow with the potential to create a private in-law suite at one end of the house (presently used for a dog grooming business). #1052 is a 2 bdrm/1 Bath bungalow at the far side of the property. Both homes have been updated, share a new drilled well, have fenced-in areas and the combination of trees, location and individual driveways provide privacy for all. Spend time kayaking, biking, hiking the many walking trails or relaxing by the water. Great income potential. Only 2 1/2 hours from Toronto.
Property Features
Level, River/Stream, Waterfront
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
261' x 222'
Acreage
2-4.99
Fronting
West
Taxes
$2,790 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Window Unit
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.42' x 14.76'
KitchenMain9.97' x 8.23'
Prim BdrmMain12.86' x 10.37'
2nd BrMain9.06' x 8.96'
BathroomMain7.41' x 10.30'4 Pc Bath
FamilyMain11.65' x 18.04'
BathroomMain7.38' x 4.99'3 Pc Bath
3rd BrMain11.65' x 10.93'
FoyerMain11.94' x 13.32'
OtherMain11.38' x 10.76'
Minden Hills Market Statistics
Minden Hills Price Trend
1050 Privet Dr is a 3-bedroom 2-bathroom home listed for sale at $899,000, which is $244,000 (37.3%) higher than the average sold price of $655,000 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 3 bedroom home in Minden Hills increased by $80,000 (13.9%) compared to the previous 30 day period (March 3 - April 1) and down $92,500 (12.4%) from the same time one year ago.
Inventory Change
There were 8 3-bedroom homes listed in Minden Hills over the last 30 days (April 2 - May 1), which is up 300.0% compared with the previous 30 day period (March 3 - April 1) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Minden Hills typically sold ($74,000) (11.3%) below asking price over the last 30 days (April 2 - May 1), which represents a $0 decrease compared to the previous 30 day period (March 3 - April 1) and ($17,449) less 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 Minden Hills over the last 30 days (April 2 - May 1) stood at 37.5%, down from 50.0% over the previous 30 days (March 3 - April 1) and down from 50.0% 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 Minden Hills stood at 25 days when successfully sold over the last 30 days (April 2 - May 1), compared to 108 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Frank Real Estate
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