7678 Eighth Line

FOR SALE
$1,100,000
7678 Eighth Line, Centre Wellington
7678 Eighth Line
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
11 + 3
ROOMS
X9047159
MLSID
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Property Description
Spectacular views of the countryside, situated on near acre, just minutes north of Guelph, this custom built home is your escape from the hustle and bustle of the city. Fall in love with the outdoors, surrounding views of rolling countryside and the perfect balance of space for the growing family, relaxation and room for the toys. Youll be impressed with generous sized rooms and storage throughout this home, and its 2 car garage and driveway space. The main floor boasts large eat-in kitchen, open concept living room with gas fireplace, formal dining room (den or office), French doors inside front door to home office and main floor mudroom/laundry. Upstairs are 3 incredibly spacious bedrooms, master with ensuite and walk-in closet and added 4-piece bathroom. Downstairs is additional bedroom with walk-in closet, large rec room (currently a 5th bedroom) with gas fireplace, workout room and cold cellar. Many recent updates include Superior steel roof (2021), hot tub (2021), new flooring, well pump (2020) and more. This home has made long lasting memories and is ready to pass the torch to you and your family to enjoy and make your own.
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
125' x 160'
Acreage
< .50
Fronting
North
Taxes
$5,425 (2024)
Basement
Full
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.93' x 18.83'Fireplace, Open Concept
KitchenMain11.25' x 19.49'Sliding Doors, Walk-Out
DiningMain10.66' x 11.42'Hardwood Floor
OfficeMain18.67' x 11.15'French Doors
LaundryMain8.17' x 8.99'
Prim Bdrm2nd13.25' x 17.26'W/I Closet
Br2nd10.76' x 12.40'
Br2nd11.32' x 11.42'
RecBsmt10.66' x 25.10'Fireplace
Centre Wellington Market Statistics
Centre Wellington Price Trend
7678 Eighth Line is a 3-bedroom 3-bathroom home listed for sale at $1,100,000, which is $333,751 (43.6%) higher than the average sold price of $766,249 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 3 bedroom home in Centre Wellington declined by $7,251 (0.9%) compared to the previous 30 day period (July 9 - August 7) and down $170,103 (18.2%) from the same time one year ago.
Inventory Change
There were 13 3-bedroom homes listed in Centre Wellington over the last 30 days (August 8 - September 6), which is down 0.0% compared with the previous 30 day period (July 9 - August 7) and up 30.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Centre Wellington typically sold ($24,683) (3.2%) below asking price over the last 30 days (August 8 - September 6), which represents a $4,746 decrease compared to the previous 30 day period (July 9 - August 7) and ($5,751) 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 Centre Wellington over the last 30 days (August 8 - September 6) stood at 92.3%, down from 123.1% over the previous 30 days (July 9 - August 7) and down from 170.0% 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 Centre Wellington stood at 29 days when successfully sold over the last 30 days (August 8 - September 6), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Home Group Realty
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