11943 Graham Rd

FOR SALE
$1,780,000
11943 Graham Rd, West Elgin
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
X8286076
MLSID
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Property Description
How often do you come across a property that takes your breath away? This rare find will do just that. At 11943 Graham Rd on the edge of West Lorne, you will find a beautiful old farmhouse built-in 1870. This unique home has been lovingly updated and restored, featuring new wiring, plumbing, roof, crown molding, wide baseboards, and more. The real draw here though is almost better than all of that, as this gem is situated on 50 acres set at the Northern tip of the Carolinian Forest. Nature is literally just outside your door. Step outside into your cozy 3 1/2 acre yard complimented by 4 outbuildings. Take advantage of the trails cut through 20 acres of your very own forest. Even better, make this property work for you. With 11 acres cleared, you can add a workshop, more barns, an addition on the house, or other space for your business venture. This stunning property has hosted weddings in the pavilion, grown plants in the garden house, plus holds plenty of room for your tools and equipment in the long barn and garage. What else could it hold? Put your imagination to work. The possibilities are endless. This property hasn't hit the market in over 30 years and has rarely changed hands. There is a reason why. Don't let this exceptional opportunity slip by. This space is a treasure with extraordinary potential. Whether you are looking for a new home for your family, a space for your business, or you have other ideas in mind, take advantage today.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-14 2023-09-30 108 $1,900,000 - Expired
2021-11-04 2022-01-31 89 $2,199,000 - Expired
2022-04-28 2022-07-31 94 $2,199,900 - Expired
2021-07-20 2021-10-31 103 $2,199,000 - Expired
Property Details
Street
Community
Property Type
Detached, 2-Storey
Acreage
25-49.99
Taxes
$5,400 (2020)
Basement
Full
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
6
Driveway
Other
Garage Type
None
West Elgin Market Statistics
West Elgin Price Trend
11943 Graham Rd is a 3-bedroom 2-bathroom home listed for sale at $1,780,000, which is $1,326,875 (292.8%) higher than the average sold price of $453,125 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in West Elgin increased by $68,125 (17.7%) compared to the previous 30 day period (March 15 - April 13) and up $48,125 (11.9%) from the same time one year ago.
Inventory Change
There were 8 3-bedroom homes listed in West Elgin over the last 30 days (April 14 - May 13), which is up 300.0% compared with the previous 30 day period (March 15 - April 13) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in West Elgin typically sold ($21,812) (4.8%) below asking price over the last 30 days (April 14 - May 13), which represents a $6,912 decrease compared to the previous 30 day period (March 15 - April 13) and $55,100 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 West Elgin over the last 30 days (April 14 - May 13) stood at 100.0%, up from 50.0% over the previous 30 days (March 15 - April 13) and down from 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 West Elgin stood at 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp., Brokerage
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