1241 Richards Cres

FOR SALE
$1,550,000
1241 Richards Cres, Oakville
1241 Richards Cres
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
W9510641
MLSID
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Property Description
This beautifully renovated home features timeless finishes combining style and functionality and stunning curb appeal. It is located near peaceful walking trails, green spaces, and a golf course. The open-concept main floor includes a bright white kitchen complete with an island and breakfast bar seating. There is ample space for a large dining table, and it offers a walkout to the deck and a manicured backyard. The finished basement features large windows that create a spacious recreation room with built-in storage, an additional bedroom, and a 3-piece bathroom with heated floors, as well as direct access to the garage. Don't miss this opportunity.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-26 2021-05-31 5 $999,900 $1,300,000 Sold
Extras
Water Irrigation System Backyard Plus Landscape Lights, 5K Spent On Perrenials, Ring Camera Front And Back, Ecobee Smart Thermostat, Epoxy Floor &Trusscore Pannelling In Garage, Gas Hookup for BBQ, Leaf Guard On Gutters, Plus/Plus
Property Features
Fenced Yard, Golf, Grnbelt/Conserv, Park, School, Wooded/Treed
Property Details
Community
Property Type
Detached, Bungalow-Raised
Lot Size
50' x 100'
Fronting
East
Taxes
$5,786 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.42' x 13.98'Hardwood Floor, Open Concept, Picture Window
DiningMain11.42' x 13.98'Hardwood Floor, Open Concept, W/O To Deck
KitchenMain10.99' x 13.98'Hardwood Floor, Centre Island, Quartz Counter
Prim BdrmMain10.99' x 12.99'Hardwood Floor, Large Closet, Large Window
2nd BrMain8.66' x 10.40'Hardwood Floor, Large Closet, Large Window
3rd BrMain9.25' x 9.42'Hardwood Floor, Large Closet, Large Window
RecLower10.79' x 24.11'Vinyl Floor, Above Grade Window, W/W Closet
4th BrLower8.66' x 10.40'Vinyl Floor, Large Closet, Large Window
Oakville Market Statistics
Oakville Price Trend
1241 Richards Cres is a 3-bedroom 2-bathroom home listed for sale at $1,550,000, which is $194,849 (14.4%) higher than the average sold price of $1,355,151 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Oakville declined by $115,651 (7.9%) compared to the previous 30 day period (September 1 - September 30) and down $178,929 (11.7%) from the same time one year ago.
Inventory Change
There were 92 3-bedroom homes listed in Oakville over the last 30 days (October 1 - October 30), which is down 16.4% compared with the previous 30 day period (September 1 - September 30) and down 7.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oakville typically sold ($44,989) (3.3%) below asking price over the last 30 days (October 1 - October 30), which represents a $16,497 increase compared to the previous 30 day period (September 1 - September 30) and ($22,154) 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 Oakville over the last 30 days (October 1 - October 30) stood at 60.9%, up from 36.4% over the previous 30 days (September 1 - September 30) and up from 37.4% 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 Oakville stood at 15 days when successfully sold over the last 30 days (October 1 - October 30), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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