8 Gordon Lane

Madoc, K0K 2K0
FOR SALE
$649,900
8 Gordon Lane, Madoc
8 Gordon Lane
8 Gordon Lane
8 Gordon Lane
8 Gordon Lane
8 Gordon Lane
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8 Gordon Lane
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X5638093
MLSID
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Property Description
This Property Has Everything You Need To Begin Making Family Memories, Even Includes An Atv. The 3 Bedroom Cottage + Bunkie For Guests. Lots Of Updates: New Dock, Propane Fireplace, Heat Pump That Includes Air Conditioning. Cottage Comes Fully Furnished Including Bedding, Kitchen Supplies, Riding Lawnmower And Outdoor Furniture. Waterfront Boathouse Plus Garage And Generous Size Shed. Comes With A Fishing Boat And 9.9 Hp Evinrude Motor. Not Holding Offers!
Extras
Inclusions: Furniture, Hot Water Tank Owned, Microwave, Fridge, Stove, Window Coverings, Smoke Detector, Carbon Monoxide Detector Exclusions: Personal Items And Bed Linens As Seen In Property Photos
Property Features
Golf, Park, Place Of Worship
Property Details
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
100' x 375'
Fronting
North
Taxes
$2,753 (2022)
Basement
None
Exterior
Vinyl Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
Wall Unit
Water
Well
Parking Spaces
5
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.48' x 16.24'
LivingMain17.09' x 13.48'
BathroomMain8.99' x 9.58'4 Pc Bath
BrMain11.25' x 9.51'
2nd BrMain7.58' x 9.51'
3rd BrMain7.41' x 9.51'
Madoc Market Statistics
Madoc Price Trend
8 Gordon Lane is a 3-bedroom 1-bathroom home listed for sale at $649,900, which is $110,100 (14.5 %) lower than the average sold price of $760,000 in the last 30 days (June 2 - July 1). During the last 30 days the average sold price for a 3 bedroom home in Madoc declined by $165,000 (17.8 %) compared to the previous 30 day period (May 3 - June 1) and up $297,000 (64.1 %) from the same time one year ago.
Inventory Change
There were 1 3-bedroom homes listed in Madoc over the last 30 days (June 2 - July 1), which is down 66.7 % compared with the previous 30 day period (May 3 - June 1) and down 50.0 % compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Madoc typically sold ($40,000) (5.3 %) below asking price over the last 30 days (June 2 - July 1), which represents a $65,000 decrease compared to the previous 30 day period (May 3 - June 1) and $75,550 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 Madoc over the last 30 days (June 2 - July 1) stood at 200.0 %, up from 100.0 % over the previous 30 days (May 3 - June 1) and up from 100.0 % one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Madoc stood at 6 days when successfully sold over the last 30 days (June 2 - July 1), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Proalliance Realty, Brokerage
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