56 Hickory Lane

FOR SALE
$769,495
56 Hickory Lane, St. Thomas
56 Hickory Lane
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
11
ROOMS
X11889459
MLSID
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Property Description
Welcome to 56 Hickory Lane, St. Thomas - the LAST new home in Lake Margaret Estates! The Stonehaven model is a 2 storey home with 1937 sq ft of finished living space. The spacious open-concept main floor offers a beautifully designed kitchen with quartz countertops, a large island, and a walk-in pantry, seamlessly flowing into the dining room and great room. This level also includes a laundry room, a powder room, and the primary bedroom, complete with a large walk-in closet and stunning 3-piece ensuite with 5 foot cultured marble shower. On the second level, you'll find two additional bedrooms, a 4-piece bathroom, and a cozy family room, perfect for relaxation or a separate space, just for the kids. The unfinished lower level provides a blank canvas with enough space for 2 more bedrooms, a rec room and is roughed in for a 4 piece bath. 56 Hickory Lane, located in Lake Margaret Estates, is on the south side of St. Thomas, within walking distance of trails, St. Joseph's High School, Fanshawe College St. Thomas Campus, Doug Tarry Sports Complex and Parish Park. The Stonehaven Plan is Energy Star certified and Net Zero Ready. This home is currently under construction and will be ready for its first family in the new year, January 20th, 2025. Book a private viewing and make 56 Hickory Lane, your new home.
Property Features
Lake/Pond, School, School Bus Route, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
68' x 132'
Fronting
West
Basement
Full, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain10.50' x 13.85'Open Concept
KitchenMain13.58' x 13.42'Open Concept, Quartz Counter, Breakfast Bar
LivingMain13.75' x 13.42'Sliding Doors
LaundryMain7.48' x 7.68'Laundry Sink
Prim BdrmMain11.98' x 13.65'Ensuite Bath, W/I Closet
Family2nd8.83' x 13.98'
2nd Br2nd10.66' x 9.48'W/I Closet
3rd Br2nd10.66' x 10.93'
St. Thomas Market Statistics
St. Thomas Price Trend
56 Hickory Lane is a 3-bedroom 3-bathroom home listed for sale at $769,495, which is $240,725 (45.5%) higher than the average sold price of $528,770 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 3 bedroom home in St. Thomas declined by $7,243 (1.4%) compared to the previous 30 day period (October 18 - November 16) and down $56,730 (9.7%) from the same time one year ago.
Inventory Change
There were 21 3-bedroom homes listed in St. Thomas over the last 30 days (November 17 - December 16), which is down 63.8% compared with the previous 30 day period (October 18 - November 16) and up 950.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in St. Thomas typically sold ($14,354) (2.7%) below asking price over the last 30 days (November 17 - December 16), which represents a $5,140 increase compared to the previous 30 day period (October 18 - November 16) and ($26,945) 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 St. Thomas over the last 30 days (November 17 - December 16) stood at 114.3%, up from 63.8% over the previous 30 days (October 18 - November 16) and up from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in St. Thomas stood at 54 days when successfully sold over the last 30 days (November 17 - December 16), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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