7 Wright Cres

NW, St. Thomas, N5P 4H9
FOR SALE
$725,000
7 Wright Cres, St. Thomas
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
12
ROOMS
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Property Description
FEATURES OF THIS FINE HOME WITH AN INGROUND POOL: Welcome to 7 Wright Crescent located on a large landscaped and fenced lot with a beautiful kidney shaped 16' x 32' in-ground Pool. Located in north west St Thomas this home is only a short drive to London. As you enter this 1500 sq ft bungalow you find a guest friendly Foyer with ceramic tiled flooring, through French doors to a large Livingroom with hardwood flooring and a cozy gas fireplace, a Diningroom with sliding glass door 2023 to the Sundeck, a Kitchen with ceramic flooring and convenient main floor Laundry. There are 3 good sized Bedrooms, the Primary with a private door to the Sundeck plus a 4 piece Bath. The lower level features a large Recreation Room with another gas Fireplace, 2 extra rooms - currently setup as Bedrooms - that can be used for crafts or a Den, a 3 piece Bath, a Storage Room and a Cold Room. Outside you'll find a treed and landscaped lot, a double wide paved drive leading to a double car Garage with convenient inside entry to the home, a new composite Sundeck 2023 overlooking the perfect staycation inground pool with a newer vinyl liner 2020. Other features to note is Central Vacuum, Garden Shed, updated vinyl windows in Livingroom and Diningroom and a 200A hydro service - perfect for installing a connection to charge your electric vehicle. And it's only a short walk to the beautiful 1Password Park and the Dalewood nature trails.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2002-06-05 2002-07-16 43 $222,000 $217,000 Sold
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
49' x 131'
Acreage
< .50
Lot Irregularities
IRREGULAR
Fronting
East
Taxes
$4,709 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain16.24' x 20.47'
DiningMain13.62' x 12.14'
KitchenMain10.99' x 12.07'
Prim BdrmMain12.24' x 16.31'
2nd BrMain9.84' x 10.76'
3rd BrMain9.84' x 10.47'
FoyerMain8.76' x 13.81'
LaundryMain4.95' x 8.66'
RecLower29.49' x 32.97'
GamesLower11.58' x 18.24'
GamesLower11.15' x 11.58'
UtilityLower6.07' x 11.15'
St. Thomas Market Statistics
St. Thomas Price Trend
7 Wright Cres is a 3-bedroom 2-bathroom home listed for sale at $725,000, which is $182,657 (33.7%) higher than the average sold price of $542,343 in the last 30 days (November 4 - December 3). During the last 30 days the average sold price for a 3 bedroom home in St. Thomas increased by $42,703 (8.5%) compared to the previous 30 day period (October 5 - November 3) and up $46,893 (9.5%) from the same time one year ago.
Inventory Change
There were 34 3-bedroom homes listed in St. Thomas over the last 30 days (November 4 - December 3), which is down 27.7% compared with the previous 30 day period (October 5 - November 3) and up 1,033.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in St. Thomas typically sold ($16,337) (3.0%) below asking price over the last 30 days (November 4 - December 3), which represents a $1,608 increase compared to the previous 30 day period (October 5 - November 3) and ($11,995) 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 (November 4 - December 3) stood at 94.1%, up from 53.2% over the previous 30 days (October 5 - November 3) and up from 66.7% 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 25 days when successfully sold over the last 30 days (November 4 - December 3), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker Star Real Estate
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