94 Cutting Dr
Elora/Salem, Centre Wellington, N0B 1S0
FOR SALE
$885,000
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Property Description
94 Cutting Drive is a carefully crafted semi-detached home located steps to the Cataract Trail and within walking distance to the restaurants and shops in historic downtown Elora. Built by award-winning Finoro Homes of Guelph, you will notice quality and attention to detail in every aspect of this home. Some main level highlights include 9' ceilings, ceramic wood look tile, granite countertops, upgraded lighting and a gorgeous custom built-in fireplace with shelving. Sliding doors lead to a beautiful wood deck, and fully fenced backyard area with landscaping. The upper level boasts an incredibly spacious primary suite with ensuite and walk-in closet, two additional bedrooms, and convenient upper floor laundry. California shutters throughout the upper level. Consider the possibilities that the open and unfinished lower level has to offer. Main floor walk out to single car garage. A perfect home for first time buyers, families or those looking to downsize.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-01 | 2022-07-15 | 44 | $895,000 | $835,000 | Sold |
Property Features
Arts Centre, Golf, Grnbelt/Conserv, Hospital, Rec Centre, School
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Property Details
Street
Community
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
25' x 105'
Fronting
East
Taxes
$4,765 (2024)
Basement
Full, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 5.97' x 5.02' | 2 Pc Bath |
| Dining | Main | 12.37' x 8.50' | |
| Foyer | Main | 8.04' x 8.56' | |
| Kitchen | Main | 12.34' x 10.66' | |
| Living | Main | 12.96' x 19.16' | |
| Bathroom | 2nd | 9.35' x 4.92' | 4 Pc Bath |
| Bathroom | 2nd | 8.30' x 10.10' | 4 Pc Ensuite |
| Prim Bdrm | 2nd | 20.14' x 19.62' | |
| Br | 2nd | 13.78' x 9.55' | |
| Br | 2nd | 13.78' x 9.68' | |
| Laundry | 2nd | 5.91' x 10.10' | |
| Other | Bsmt | 51.05' x 18.80' | Unfinished |
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Centre Wellington Market Statistics
Centre Wellington Price Trend
94 Cutting Dr is a 3-bedroom 3-bathroom home listed for sale at $885,000, which is $150,347 (20.5%) higher than the average sold price of $734,653 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Centre Wellington declined by $90,339 (11.0%) compared to the previous 30 day period (December 22 - January 20) and down $24,447 (3.2%) from the same time one year ago.Inventory Change
There were 14 3-bedroom homes listed in Centre Wellington over the last 30 days (January 21 - February 19), which is up 16.7% compared with the previous 30 day period (December 22 - January 20) and up 27.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Centre Wellington typically sold ($27,905) (3.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,587 increase compared to the previous 30 day period (December 22 - January 20) and ($9,280) 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 (January 21 - February 19) stood at 92.9%, down from 108.3% over the previous 30 days (December 22 - January 20) and down from 136.4% 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 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 179 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Home Group Realty
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