5 MICHAEL Cres

FOR SALE
$850,000
5 MICHAEL Cres, Barrie
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
5 MICHAEL Cres
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 2
ROOMS
S9363559
MLSID
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Property Description
LIMITLESS POSSIBILITIES AWAIT IN THIS SPACIOUS HOME WITH UNTAPPED POTENTIAL! Welcome to 5 Michael Crescent. This home boasts an incredible location, close to parks, schools, shops & dining. Nestled in a family-friendly neighborhood with a well-maintained exterior, including a spacious double-car garage. Gleaming h/w floors lead to a versatile office & an open-concept living & dining area. The eat-in kitchen features a built-in pantry & backyard access. A cozy family room with a gas f/p & 2pc bathroom complete the main floor. Upstairs, a large primary bedroom with new luxury vinyl floors, a w/i closet & a luxurious ensuite awaits, along with three additional bedrooms & a well-appointed 4pc bathroom. The finished basement offers a cozy retreat with a rec room, bonus room, 3pc bathroom & wet bar. The private backyard includes raised garden beds & a generous deck for outdoor enjoyment. This home offers a lifestyle of comfort & convenience in a vibrant community with easy highway access.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-13 2024-09-23 41 $890,000 - Terminated
2024-07-03 2024-08-13 41 $890,000 - Terminated
2023-09-12 2023-10-10 28 $998,000 - Terminated
Property Features
Golf, Hospital, Park, Rec Centre, School, School Bus Route
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
45' x 112'
Acreage
< .50
Fronting
East
Taxes
$4,958 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.84' x 11.09'Tile Floor
BreakfastMain7.51' x 13.85'Pantry, Walk-Out, Tile Floor
LivingMain9.91' x 14.93'Hardwood Floor, Open Concept
Prim Bdrm2nd13.58' x 16.83'Ensuite Bath, Vinyl Floor, W/I Closet
2nd Br2nd11.09' x 9.84'Vinyl Floor
3rd Br2nd11.91' x 9.84'Vinyl Floor
4th Br2nd13.91' x 10.07'Vinyl Floor
Barrie Market Statistics
Barrie Price Trend
5 MICHAEL Cres is a 4-bedroom 4-bathroom home listed for sale at $850,000, which is $75,779 (8.2%) lower than the average sold price of $925,779 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in Barrie declined by $33,718 (3.5%) compared to the previous 30 day period (September 22 - October 21) and up $54,946 (6.3%) from the same time one year ago.
Inventory Change
There were 98 4-bedroom homes listed in Barrie over the last 30 days (October 22 - November 20), which is down 1.0% compared with the previous 30 day period (September 22 - October 21) and down 5.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Barrie typically sold ($22,724) (2.5%) below asking price over the last 30 days (October 22 - November 20), which represents a $6,276 increase compared to the previous 30 day period (September 22 - October 21) and ($43,157) more 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 Barrie over the last 30 days (October 22 - November 20) stood at 39.8%, down from 40.4% over the previous 30 days (September 22 - October 21) and up from 23.1% 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 Barrie stood at 28 days when successfully sold over the last 30 days (October 22 - November 20), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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