Description

Come build your dream home in the Sandhill subdivision with frontage on Drohan Lake. The lot is in a relatively natural state, with some trees on the lake side and some of the land cleared for building. The water and sewer are along Lakeview Parkway. This is an area of the subdivision which is developing and has many lovely homes being newly built. (id:66096)

Market Timing

Days on market

122d

Madawaska Valley listings, avg age

181d

List price

$125K

Homes here sell slower than most markets

Sold homes in this market spent an average of 79 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 92.5 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 Madawaska Valley has been listed for 122 days, which is 59 days fresher than the city average of 181. Act while there is still low competition.

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Area context

Neighbourhood profile (K0J)

This home lists at $125,000, about 1.6× the local median household income of $76,000.

Carrying it typically needs a household income of about $24,417 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,000
Population: 34,322
Median age: 52.4
Owner / renter: 87% / 13%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0J)

$125,000

For sale

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Financing

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Lot 48 Lakeview Parkway, Madawaska Valley - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0J)

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