131 Michael's Way

Quinte West, K0K 1L0
FOR SALE
$925,000
131 Michael's Way, Quinte West
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
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Property Description
Welcome to 131 Michaels Way in Carrying Place, where you can enjoy the perfect blend of serene living and modern convenience. Nestled in the gateway to Prince Edward County, this home offers easy access to all the amenities PEC has to offer along with easy access to Quinte West and Brighton, as well as the 401. This custom-built residence boasts high-end upgrades throughout. The main floor features a luxurious kitchen equipped with a custom hood range, elegant pendant lights, and a large island ideal for entertaining and extra storage. The primary bedroom includes a walk-in closet and a 4-piece ensuite, both adorned with custom cabinetry. A versatile second room on the main level can be used as an additional bedroom, office, or den, complemented by a strategically located 3-piece bathroom and closet. The lower level provides ample living space with endless options featuring an additional bedroom, a 3-piece bath, and extensive storage options. One of the home's highlights is the covered porch off the dining area, with steps leading down to a yard that backs onto mature trees, offering a peaceful retreat in one of PECs newest and upcoming communities.
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
102' x 158'
Acreage
< .50
Fronting
East
Basement
Finished, Full
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain10.47' x 9.58'
LivingMain29.17' x 17.62'
KitchenMain18.64' x 11.91'
LaundryMain4.63' x 12.11'
BrMain14.96' x 11.91'
2nd BrMain11.84' x 11.91'
BathroomMain6.00' x 11.91'4 Pc Ensuite, W/I Closet
BathroomMain4.86' x 8.40'4 Pc Bath
RecBsmt28.81' x 29.49'
BrBsmt14.96' x 10.43'
BathroomBsmt6.07' x 10.40'3 Pc Bath
UtilityBsmt22.44' x 21.06'
Quinte West Market Statistics
Quinte West Price Trend
131 Michael's Way is a 2-bedroom 3-bathroom home listed for sale at $925,000, which is $407,140 (78.6%) higher than the average sold price of $517,860 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Quinte West declined by $23,490 (4.3%) compared to the previous 30 day period (July 22 - August 20) and down $82,772 (13.8%) from the same time one year ago.
Inventory Change
There were 28 2-bedroom homes listed in Quinte West over the last 30 days (August 21 - September 19), which is up 100.0% compared with the previous 30 day period (July 22 - August 20) and up 133.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Quinte West typically sold ($7,248) (1.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $1,073 decrease compared to the previous 30 day period (July 22 - August 20) and ($432) 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 2-bedroom homes in Quinte West over the last 30 days (August 21 - September 19) stood at 89.3%, down from 142.9% over the previous 30 days (July 22 - August 20) and down from 1,083.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Quinte West stood at 65 days when successfully sold over the last 30 days (August 21 - September 19), compared to 87 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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