Overview

This lot in Lanark Highlands is for sale. It has been on the market 56 days, fresher than the Lanark Highlands average of 106 days.

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Description

Build your dream home on this beautiful 5.29-acre recently severed country lot, offering the perfect combination of privacy, natural beauty, and convenience. High and dry with a driveway already in place and hydro available at the road, much of the groundwork is already there to start planning your future home. The property is beautifully treed, with approximately two-thirds White Pine and the balance mixed bush, creating a picturesque setting with plenty of privacy and that true country feel. With over five acres to call your own, there's room to create the home, outdoor spaces, and lifestyle you've been looking for, all surrounded by nature. A fantastic opportunity to secure an attractive, ready-to-build-on rural property and make it your own. Taxes have not yet been assessed. (id:66096)

Market Timing

Days on market

56d

Lanark Highlands listings, avg age

106d

List price

$199K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Lanark Highlands has been listed for 56 days, which is 50 days fresher than the city average of 106. Act while there is still low competition.

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Area context

Neighbourhood profile (K0G)

This home lists at $199,000, about 2.1× the local median household income of $94,000.

Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$199,000

For sale

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Financing

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1161 Rosetta Road, Lanark Highlands - Vacant Land for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (K0G)

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