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Property Description
Welcome to 294 Ridgewood Crescent in a wonderful family oriented neighbourhood within walking distance to the local public school, and a short distance to downtown London and various amenities. This one floor home on a large treed lot features a spacious single car garage (large enough to store a pickup truck and motorcycle easily), and a lovely screened in rear sunroom with new carpet as you make your way inside you will be welcomed with an updated kitchen with white shaker cabinets, and stainless steel appliances. The living room is spacious and features a large window with plenty of natural light flooding into the home. There is a separate dining area that is easily accessed by the kitchen and rear sunroom. There are 3 generous sized bedroom, and an updated 4 piece bathroom as well on the main floor. The basement is unfinished and awaits your own personal touch. The electrical has been updated as well as the plumbing for the main level.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2014-04-21 | 2014-05-02 | 15 | $224,900 | $225,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
70' x 125'
Fronting
West
Taxes
$3,420 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.38' x 15.39' | |
Kitchen | Main | 11.06' x 12.30' | |
Dining | Main | 8.66' x 11.81' | |
Prim Bdrm | Main | 11.65' x 11.98' | |
Br | Main | 8.33' x 11.48' | |
Br | Main | 7.81' x 11.91' | |
Sunroom | Main | 11.98' x 16.14' |
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London Market Statistics
London Price Trend
294 Ridgewood Cres is a 3-bedroom 1-bathroom home listed for sale at $550,000, which is $86,368 (13.6%) lower than the average sold price of $636,368 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,974 (2.7%) compared to the previous 30 day period (September 1 - September 30) and up $10,684 (1.7%) from the same time one year ago.Inventory Change
There were 275 3-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 11.9% compared with the previous 30 day period (September 1 - September 30) and up 450.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,104) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,059 decrease compared to the previous 30 day period (September 1 - September 30) and ($6,852) 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 London over the last 30 days (October 1 - October 30) stood at 72.4%, up from 62.8% over the previous 30 days (September 1 - September 30) and up from 38.0% 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 London stood at 23 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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