77 Timberlane Cres
Kitchener, N2N 1T5
FOR SALE
$649,900
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Property Description
Vacant 3-bed 2-bath starter home selling under Power of Sale. Excellent market value & perfect for first-time buyers or savvy investors. Nestled in the sought-after Forest Heights neighborhood, the property boasts a 115 lot depth with a spacious yard ready for your personal touch. Basement is dry and partially finished, can be Rec room, man cave, or potential Inlaw suite.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-04 | 2025-02-10 | 68 | $699,900 | - | Terminated |
2024-12-04 | 2025-01-09 | 36 | $729,900 | - | Suspended |
2024-07-04 | 2024-09-09 | 67 | $689,000 | - | Terminated |
2024-05-16 | 2024-06-06 | 21 | $750,000 | - | Terminated |
2024-05-03 | 2024-05-14 | 11 | $599,999 | - | Terminated |
2023-03-02 | 2023-05-05 | 64 | $749,000 | - | Suspended |
2022-09-21 | 2022-10-08 | 17 | $899,000 | - | Terminated |
2022-09-08 | 2022-09-21 | 13 | $949,000 | - | Terminated |
2022-03-08 | 2022-03-10 | 2 | $599,900 | $707,777 | Sold |
2022-02-28 | 2022-03-08 | 8 | $649,900 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
700-1100
Lot Size
31' x 115'
Fronting
South
Taxes
$3,068 (2024)
Basement
Full, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 11.91' x 6.50' | Eat-In Kitchen |
Living | Main | 11.68' x 9.25' | |
Prim Bdrm | 2nd | 8.07' x 9.84' | |
Br | 2nd | 7.84' x 9.91' | |
Br | 2nd | 9.74' x 6.17' | |
Rec | Bsmt | 14.83' x 7.09' | |
Utility | Bsmt | 9.58' x 7.35' |
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Kitchener Market Statistics
Kitchener Price Trend
77 Timberlane Cres is a 3-bedroom 2-bathroom home listed for sale at $649,900, which is $119,089 (15.5%) lower than the average sold price of $768,989 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in Kitchener increased by $261,178 (51.4%) compared to the previous 30 day period (December 20 - January 18) and up $10,989 (1.4%) from the same time one year ago.Inventory Change
There were 73 3-bedroom homes listed in Kitchener over the last 30 days (January 19 - February 17), which is up 151.7% compared with the previous 30 day period (December 20 - January 18) and up 37.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $22,183 (2.9%) above asking price over the last 30 days (January 19 - February 17), which represents a $22,370 increase compared to the previous 30 day period (December 20 - January 18) and $7,750 more 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 (January 19 - February 17) stood at 65.8%, down from 475.9% over the previous 30 days (December 20 - January 18) and down from 124.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Kitchener stood at 29 days when successfully sold over the last 30 days (January 19 - February 17), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Rock Star Real Estate Inc., Brokerage
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