5-Bed Walkout on 132-Foot Lot in Horning's Mills

Property details for 29 Church Street, Melancthon

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 3
Lot Size: 132 x 132 FT
Stories: 1
Basement: Finished, Full, Walk out, Walk-up, N/A, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stone, Vinyl siding
Ownership: Freehold
Annual Taxes: $4,953

This is a 5-bed, 3-bath bungalow with a walkout basement, sitting on a 132 x 132 corner lot in Horning's Mills. Metz Homes built it in 2016, and the main floor has 3 beds, including a primary suite with its own ensuite. Hardwood runs through the open living areas, and there's a gas fireplace in the family room. The kitchen is set up for entertaining, and the walkout deck has a gas BBQ hookup. Downstairs is fully finished with 2 more beds, a bathroom, an exercise room, and a family room. The basement has 4-inch foam insulation, so it's energy efficient. Outside, you've got stone and vinyl siding, an attached garage, and room for 6 cars. Taxes run about $4,953 a year. It's a quiet village, but Shelburne is roughly 10 minutes away for groceries and services. High school is 8.1 km off. There are only 2 active listings nearby, and this one's priced at $1,279,000. Place feels solid and ready to move into.

About 29 Church Street, Melancthon — Property Score

Feature Rich Hot Market Great Location

Score: 70/100

Value

Priced 3.2% above area median of $1,239,450 based on 14 comparable properties nearby 65

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

3 bathrooms - typical for similarly priced properties 60

17,424 sqft lot - an oversized lot for the area 90

Location

$90K median household income - above the Canadian average of $70K 75

80% of residents hold postsecondary credentials - a highly educated neighbourhood 88

85% homeownership rate - indicating a stable, owner-occupied community 90

47% of residents commute under 30 minutes - good commuting convenience 68

35/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 101 days on market 100

+311.3% median price change over 1 month - rising prices in the area 100

10.5 months of housing supply - 21 active listings with 2 sold last month (buyer's market) 40

Features

6-car garage - area average is 11 spots 95

Finished, Full, Walk out, Walk-up, N/A, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

View - premium features that add significant value 60

Investment

0.39% effective tax rate ($4,953/yr) - very low tax burden 88

+50.5% area price change year-over-year - strong appreciation in Melancthon 100

13% renter population - primarily owner-occupied area 46

Quality

Condition

Listing

39 photos provided - 8% more than the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.