Three-Bed Bungalow with Hot Tub and Two Sheds in Mulmur

Property details for 598321 2nd Line W, Mulmur

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 58 x 126.1 FT
Stories: 1
Basement: Crawl space
Parking: No Garage
Heating: Forced air, Propane
Cooling: None
Exterior: Aluminum siding
Ownership: Freehold
Annual Taxes: $2,090

Three-bed, one-bath bungalow with just over 1,200 sq ft on a 58 by 126 ft lot. It's got that classic country feel: aluminum siding outside, block foundation, and a crawl space below. The front sunroom adds bonus space, and the family room gives you extra hangout area. Kitchen has dark cabinets and wood ceiling, with wood flooring throughout. Living room is cozy with a pellet stove that'll cut heating costs. Laundry room walks out to the backyard, where you'll find a large deck, hot tub, firepit, and mature trees. Two large sheds sit on concrete pads, one heated by a wood stove-plenty of room for toys or projects. Heating is forced air propane, no A/C though. Parking for two cars, no garage. Annual taxes just over $2,090. This place sits in a small hamlet, about 6 km from Terra Nova Public House. Market's decent: only 2 active listings nearby, median around $665k, and this one's priced at $649,900-under that. It's been on the market about 3 weeks. Good value for the size and yard. You'll want to check the well and septic, but it's a solid, no-fuss setup.

About 598321 2nd Line W, Mulmur — Property Score

Hot Market Well Priced Great Location

Score: 68/100

Value

Priced 49.6% below area median of $1,289,950 based on 24 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 1 fewer than similarly priced properties nearby 48

7,314 sqft lot - a generous lot for the area 78

Location

$80K median household income - above the Canadian average of $70K 70

86% of residents hold postsecondary credentials - a highly educated neighbourhood 93

88% homeownership rate - indicating a stable, owner-occupied community 91

43% of residents commute under 30 minutes - good commuting convenience 64

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

Market

Just listed - area average is 135 days on market 100

+30% median price change over 1 month - rising prices in the area 100

17 months of housing supply - 34 active listings with 2 sold last month (buyer's market) 40

Features

2-car garage - area average is 10.2 spots 80

Crawl space basement 50

standard forced air system 75

None 30

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.32% effective tax rate ($2,090/yr) - very low tax burden 90

+12.6% area price change year-over-year - strong appreciation in Mulmur 100

12% renter population - primarily owner-occupied area 45

Quality

Condition

Listing

16 photos provided - below the area average of 41 photos 85

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.