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Welbury Drive, Salt Spring Island, BC V8K2L8

Transaction History

Key Details

Date Listed
May 2021
Date Sold
January 2022
Days on System
252
List Price
N/A
Sale Price
N/A
Sold / List
N/A
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Property Overview

  • Vacant Land Home Type
  • Vacant Land Building Type
  • 2.82 Acres Lot Size
  • 0 Beds
  • 0 Full Baths
  • 0 Half Baths
  • 0 Parking Space(s)
  • 0 Year Built
  • Property Taxes
  • 252 days Days on Market
  • R2574948 MLS® #
  • N/A Brokerage Name
  • N/A Listing Agent

Sale Analysis

Auto-generated

This vacant land in Salt Spring Island sold for $553,000.

How did this sale price compare with similar properties?

Based on 5 land-compatible comparable sales, the sold price of $553,000 is approximately 28% below the $770,000 benchmark.

How long did this property take to sell?

The home sold after 252 days on the market, longer than the 72 days average for comparable sales.

How close was the final sale price to the list price?

The home sold for $553,000, which is 0.9% below the asking price of $558,000.

What does this mean for the local market?

Comparable sales in Salt Spring Island averaged 92.6% of list price, or 7.4% below list.

What kind of property is this?

This is approximately 122,839 sqft of vacant land in Salt Spring Island.

This analysis is automatically generated using available sales and market data. It may contain errors and should not be relied on as financial or legal advice.

From the analysis above

This home sold in 252 days at 99% of asking. See the same numbers for yours.

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Interior Details

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Exterior Details

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