2 Ripley Lane
NE, St. Thomas, N5R 5X1
FOR SALE
$494,900
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3
BEDROOMS2
BATHROOMS1
KITCHENS6 + 3
ROOMSX9357397
MLSIDContact Us
Property Description
Attention first time home buyers. Here's a fully finished bungalow with attached garage that is located steps from the Elgin Mall. This one owner home features 3 bedrooms, 2 bathrooms, eat-in kitchen, a spacious family room in the lower level plus a bonus games/crafts room that was previously used as a bedroom. The exterior boasts a double wide drive, plus a private backyard that is fully fenced in and includes a garden shed. All measurements are approximate.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
53' x 96'
Acreage
< .50
Lot Irregularities
96x43x18x83x56
Fronting
East
Taxes
$3,179 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.80' x 18.80' | |
| Kitchen | Main | 8.99' x 19.00' | Eat-In Kitchen |
| Br | Main | 10.99' x 11.88' | |
| 2nd Br | Main | 11.09' x 11.78' | |
| 3rd Br | Main | 8.99' x 11.09' | |
| Bathroom | Main | 6.99' x 8.99' | 4 Pc Bath |
| Family | Lower | 16.99' x 25.98' | |
| Other | Lower | 10.99' x 11.88' | |
| Laundry | Lower | 9.84' x 16.99' | |
| Bathroom | Lower | 4.99' x 6.99' | 3 Pc Bath |
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St. Thomas Market Statistics
St. Thomas Price Trend
2 Ripley Lane is a 3-bedroom 2-bathroom home listed for sale at $494,900, which is $41,222 (7.7%) lower than the average sold price of $536,122 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 3 bedroom home in St. Thomas declined by $5,739 (1.1%) compared to the previous 30 day period (July 30 - August 28) and up $90,952 (20.4%) from the same time one year ago.Inventory Change
There were 57 3-bedroom homes listed in St. Thomas over the last 30 days (August 29 - September 27), which is up 58.3% compared with the previous 30 day period (July 30 - August 28) and up 2,750.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in St. Thomas typically sold ($8,944) (1.7%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,358 increase compared to the previous 30 day period (July 30 - August 28) and $15,270 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 St. Thomas over the last 30 days (August 29 - September 27) stood at 63.2%, down from 100.0% over the previous 30 days (July 30 - August 28) and up from 50.0% 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 St. Thomas stood at 24 days when successfully sold over the last 30 days (August 29 - September 27), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Elgin Realty Limited
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