3848 Big Leaf Tr

South V, London, N6P 0J8
FOR SALE
$979,000
3848 Big Leaf Tr, London
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
11
ROOMS
X8190794
MLSID
Contact Us
Property Description
Welcome to the sophisticated living in South London's esteemed neighborhood of Magnolia Fields. Nestled in a prime location, minutes away from the bustling South London shopping district on Wonderland Rd. This beautiful 2 Storey, 4 beds & 4 baths, 7-month-old house has been carefully designed & crafted with 2466 square feet of comfortable living on a premium 40 feet front lot. This home checks off all the boxes with a huge captivating foyer entrance with abundance of natural light, boasting a grand open-concept kitchen with a pantry, upgraded island space & dining area that any inspiring chef will appreciate. Quartz countertops throughout the house and upgraded stainless steel Kitchen Aid appliances. The family room provides a cozy space for entertaining friends & family, upgraded with tiles on the fireplace wall. The entire home is carpet free built with engineered hardwood floors including staircase. The upper level includes an elegant large master bedroom with 5-piece ensuite bath with glass shower & soaker tub to relax after a busy day, huge walk-in closet to provide you ample space and 3 additional spacious bedrooms and 2 more bathrooms & also, 1 powder room on the main floor.
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 115'
Fronting
South
Taxes
$5,000 (2024)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
London Market Statistics
London Price Trend
3848 Big Leaf Tr is a 4-bedroom 4-bathroom home listed for sale at $979,000, which is $85,463 (9.6%) higher than the average sold price of $893,537 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 4 bedroom home in London increased by $58,933 (7.1%) compared to the previous 30 day period (March 3 - April 1) and up $35,199 (4.1%) from the same time one year ago.
Inventory Change
There were 143 4-bedroom homes listed in London over the last 30 days (April 2 - May 1), which is up 276.3% compared with the previous 30 day period (March 3 - April 1) and up 694.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($22,867) (2.6%) below asking price over the last 30 days (April 2 - May 1), which represents a $1,604 increase compared to the previous 30 day period (March 3 - April 1) and ($723) 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 4-bedroom homes in London over the last 30 days (April 2 - May 1) stood at 193.7%, up from 73.7% over the previous 30 days (March 3 - April 1) and up from 72.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in London stood at 27 days when successfully sold over the last 30 days (April 2 - May 1), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with King Realty Inc.
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