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7448 HIGH Ridge Crescent, Nanaimo, BC V0R2H0

$***,***4Beds 3Baths 3,334Sqft Upper Lantzville

Transaction History

Key Details

Date Listed
June 2023
Date Sold
October 2023
Days on System
110
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
  • 1.1 Acres Lot Size
  • 4 Beds
  • Electric, Natural Gas Heating
  • 3 Full Baths
  • 2022 Year Built
  • 110 days Days on Market
  • 929994 MLS® #
  • $622 Price / Sqft
  • R26 Land Use
  • N/A Brokerage Name
  • N/A Listing Agent

Sale Analysis

Auto-generated

This vacant land in Upper Lantzville sold for $2,075,000.

How did this sale price compare with similar properties?

Based on 15 land-compatible comparable sales, the sold price of $2,075,000 is broadly in line with the $2,075,000 benchmark.

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

The home sold for $2,075,000, which is 7.8% below the asking price of $2,250,000.

How long did this property take to sell?

The home sold after 110 days on the market, longer than the 102 days average for comparable sales.

What does this mean for the local market?

Comparable sales in Upper Lantzville averaged 98.7% of list price, or 1.3% below list.

What kind of property is this?

This is approximately 47,916 sqft of vacant land in Upper Lantzville.

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 110 days at 92% of asking. See the same numbers for yours.

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Interior Details

Fan Coil, Heat Pump
See Home Description

Exterior Details

Deck, Balcony
See Home Description

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