24 Jacob Gingrich Dr
Kitchener, N2P 2X9
FOR SALE
$2,399,900
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3 + 1
BEDROOMS5
BATHROOMS1
KITCHENS8 + 4
ROOMSX8251496
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Property Description
LUXURY BUILDER MODEL HOME! This custom-built home is located in the exclusive Deer Ridge Estates. This gorgeous 4 bed, 5 bath boasts over 5,500 sq ft of living space! The Award-Winning Gourmet Kitchen features high-end appliances, built-in breakfast table, granite countertops, 10'ft coffered ceilings. Separate living, dining, and magnificent family room with soaring 22' ft high ceilings! Enjoy in-floor heating in select areas, glass-inserted custom doors, and glass railing wooden staircase to the loft. Master bedroom is luxuriously designed with a covered porch and sliding door to the backyard. Stunning ensuite includes a glass steam sauna/rainfall shower with body jets, along with a custom walk-in closet. The fully finished basement features 9' ft ceilings, large lookout windows, and the ultimate entertainment area with built-in home theater and surround sound system, bar, wine cellar, home gym, and game room with pool table! Second master bedroom with ensuite and in-law suite potential.
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Extras
The stunning backyard is ideal for entertaining with a covered patio, built-in Napoleon BBQ, luxury spa hot tub, professional landscaping with sprinkler system. Interlocked driveway with no sidewalk allows parking for 6 cars!
Property Features
Campground, Golf, Hospital, Park, Place Of Worship, Rec Centre
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Property Details
Street
City
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
3000-3500
Lot Size
62' x 103'
Acreage
< .50
Fronting
North
Taxes
$11,612 (2023)
Basement
Finished, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 6.56' x 6.56' | Tile Floor, Open Concept |
| Office | Main | 16.24' x 12.07' | 2 Pc Ensuite, Above Grade Window |
| Dining | Main | 14.17' x 11.58' | Hardwood Floor, Coffered Ceiling |
| Kitchen | Main | 21.75' x 17.85' | Tile Floor, Granite Counter |
| Family | Main | 25.49' x 21.65' | Hardwood Floor, Coffered Ceiling |
| Laundry | Main | 6.99' x 12.99' | Tile Ceiling, Granite Counter |
| Prim Bdrm | Main | 15.91' x 16.08' | 5 Pc Ensuite, Sliding Doors |
| 2nd Br | 2nd | 16.01' x 11.15' | 4 Pc Ensuite, Window |
| 3rd Br | 2nd | 16.01' x 10.17' | 3 Pc Ensuite, Window |
| 4th Br | Lower | 15.75' x 16.24' | 3 Pc Ensuite, Window |
| Exercise | Lower | 20.08' x 12.34' | Broadloom, Window |
| Rec | Lower | 35.93' x 21.59' | Broadloom, Granite Counter |
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Kitchener Market Statistics
Kitchener Price Trend
24 Jacob Gingrich Dr is a 3-bedroom 5-bathroom home listed for sale at $2,399,900, which is $1,581,648 (193.3%) higher than the average sold price of $818,252 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 3 bedroom home in Kitchener increased by $25,096 (3.2%) compared to the previous 30 day period (March 3 - April 1) and down $14,948 (1.8%) from the same time one year ago.Inventory Change
There were 99 3-bedroom homes listed in Kitchener over the last 30 days (April 2 - May 1), which is up 43.5% compared with the previous 30 day period (March 3 - April 1) and up 80.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $34,753 (4.2%) above asking price over the last 30 days (April 2 - May 1), which represents a $15,660 decrease compared to the previous 30 day period (March 3 - April 1) and $83,118 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 Kitchener over the last 30 days (April 2 - May 1) stood at 75.8%, up from 73.9% over the previous 30 days (March 3 - April 1) and down from 90.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Kitchener stood at 11 days when successfully sold over the last 30 days (April 2 - May 1), compared to 17 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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