$ 589,000

Brand New ICF Ranch Near Lake Erie

Property details for 123 Ross Crescent, Colchester

Type
Residential
Style
Ranch
Bedrooms
3
Bathrooms
2
Living Area
1,450 square feet
Lot Size
50 X 110 FT
Stories
1
Parking
Garage
Heating
Heat Pump, Electric
Cooling
Heat Pump
Exterior
Brick, Concrete/Stucco
Ownership
Freehold

This 1,450 sq ft ranch is brand new, sitting on a 50x110 lot in Colchester Heights. It's a single-story, 3-bed, 2-bath with that open-concept main floor that's perfect for entertaining. Kitchen flows right into the living room, and there's a front driveway plus a double-car garage. Construction is ICF (insulated concrete forms) - that means you get solid soundproofing and quiet, efficient heating and cooling with the heat pump. Floors are hardwood and vinyl, giving it a clean, modern feel. Honestly, for a new build at $589,000, it's a solid price compared to the nearby median of $593k. You're about 6 km from Harrow District High School and about 6.4 km from a couple of wineries like Viewpointe Estate and Colio. If you want beach days, Lake Erie's right there. One thing to note: there's a utility room in the lower level, but no bedrooms below grade - everything's on one floor, which is great for easy living. Lot has a front driveway and feels spacious. It's a freehold, so no condo fees. The market's been moving - average days on market is 24, but recent sales took about 125 days. So there's room to negotiate. If you're looking for a low-maintenance, energy-efficient home with good resale potential, this is worth a look.

About 123 Ross Crescent, Colchester — Property Score

61
Great Location
Score: 61/100
Value
61
Priced 11.3% above area median of $529,000 based on 5 comparable properties nearby 53
$406/sqft - 5.8% below the $431/sqft area median 79
Stable pricing - no price changes since original listing date 50
Size
66
1,450 sqft - 21% more space than similarly priced homes (1,200 sqft median) 77
3 bedrooms - typical for similarly priced homes 60
2 bathrooms - typical for similarly priced properties 60
5,500 sqft lot - a standard lot for the area 65
Location
75
$69K median household income - near the Canadian average of $70K 64
83% of residents hold postsecondary credentials - a highly educated neighbourhood 91
94% homeownership rate - indicating a stable, owner-occupied community 96
47% of residents commute under 30 minutes - good commuting convenience 68
52/km² population density - a rural or semi-rural setting 55
Market
47
Just listed - area average is 51 days on market 100
-10.6% median price change over 1 month - declining prices in the area 1
61 months of housing supply - 61 active listings with 1 sold last month (buyer's market) 40
Features
60
Heat Pump, Electric 50
Heat Pump 60
Waterfront - premium features that add significant value 70
Investment
68
+27% area price change year-over-year - strong appreciation in Essex 100
5% renter population - primarily owner-occupied area 35
Quality
50
Condition
50
Listing
72
16 photos provided - below the area average of 32 photos 85
3 of 7 key property details provided (43%) - some key property details missing 58

* 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Essex, Ontario

Population
786
Median Age
49.3
Median Income
$35,840
Dwelling Value
$165,836

Housing Tenure

Owners 94%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 52.4/km²
Avg Shelter Cost: $1,114/mo
Owners with Mortgage: 69.8%
Owners Spending 30%+: 15.9%
Tenants Spending 30%+: 0%
English only: 94.9%
English and French: 5.7%
Median Household Income: $68,864
Median Employment Income: $30,272

Price History

Contact Agent Get in touch about 123 Ross Crescent, Colchester

CHANTAL EL-CHAAR
CHANTAL EL-CHAAR
PINNACLE PLUS REALTY LTD.

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