1393 Ripplewood Ave
1012 - NW Northwest, Oakville, L6M 5N8
FOR SALE
$1,779,000

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Property Description
Welcome to this stunning corner detached luxury home in the most desired and prestigious community of Preserve West in Rural Oakville. This home features a wide open concept living space. It comes with 4 bedrooms and 4 bathrooms with full of upgrades including 10 ft ceiling on Main, study room, waffle ceiling in great room with electric fireplace, alternate luxury kitchen with exective centre island and quartz countertop, modern wooden cabinets, open concept breakfast room, an added third bath on 2nd floor, laundry room, all upgraded bathrooms with quartz, raised ceiling in Primary and Basement etc. It offers easy access to park, shopping malls/plazas, top ranked schools, GO station, Hwy 407 and QEW/403 *Seller is a RREA*
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Nearby Intersections
Neyagawa & Dundas (97)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
38' x 90'
Fronting
South
Taxes
$7,417 (2024)
Basement
Unfinished
Exterior
Brick
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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Oakville Market Statistics
Oakville Price Trend
1393 Ripplewood Ave is a 4-bedroom 4-bathroom home listed for sale at $1,779,000, which is $441,590 (19.9%) lower than the average sold price of $2,220,590 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $107,747 (5.1%) compared to the previous 30 day period (December 22 - January 20) and down $181,508 (7.6%) from the same time one year ago.Inventory Change
There were 163 4-bedroom homes listed in Oakville over the last 30 days (January 21 - February 19), which is up 49.5% compared with the previous 30 day period (December 22 - January 20) and up 40.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($118,293) (5.3%) below asking price over the last 30 days (January 21 - February 19), which represents a $39,090 decrease compared to the previous 30 day period (December 22 - January 20) and ($75,180) 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 4-bedroom homes in Oakville over the last 30 days (January 21 - February 19) stood at 19.6%, down from 29.4% over the previous 30 days (December 22 - January 20) and down from 53.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Oakville stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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