Question 1

What is the median sold price in Lessard Lake Estates?

Accepted Answer

The median sold price in Lessard Lake Estates is $365,000 based on 11 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Lessard Lake Estates?

Accepted Answer

The average sold price in Lessard Lake Estates is $340,227. Note that the average ($340,227) is lower than the median ($365,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Lessard Lake Estates?

Accepted Answer

Home prices in Lessard Lake Estates range from $85,000 to $790,000 based on recent sales data. This $705,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Lessard Lake Estates selling above or below asking price?

Accepted Answer

On average, homes in Lessard Lake Estates are selling at 96.7% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Lessard Lake Estates?

Accepted Answer

Homes in Lessard Lake Estates are selling in an average of 253 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Lessard Lake Estates?

Accepted Answer

The average price per square foot in Lessard Lake Estates is $278. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $556,000.

Question 7

How active is the real estate market in Lessard Lake Estates?

Accepted Answer

The Lessard Lake Estates market has seen 11 home sales over the past 2 years, with 4 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Lessard Lake Estates?

Accepted Answer

The most common property types selling in Lessard Lake Estates are: agriculture / farm (8 sold, avg $420,125), vacant lot (3 sold, avg $127,167). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Lessard Lake Estates?

Accepted Answer

Home prices in Lessard Lake Estates have increased by 199.8% over the past 2 years. The average sold price moved from $120,000 to $359,750. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Lessard Lake Estates a buyer's or seller's market?

Accepted Answer

Based on current data, Lessard Lake Estates is a buyer's market. Homes are selling in 253 days on average and at 96.7% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Lessard Lake Estates?

Accepted Answer

In Lessard Lake Estates, 9% of homes sold above asking price, while 91% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Lessard Lake Estates?

Accepted Answer

Homes selling in Lessard Lake Estates range from 672 to 3,267 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Lessard Lake Estates?

Accepted Answer

Lessard Lake Estates shows moderate price diversity with a standard deviation of $198,162 around the average price of $340,227. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Lessard Lake Estates?

Accepted Answer

Simply search our Lessard Lake Estates sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Lessard Lake Estates will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Lessard Lake Estates?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Lessard Lake Estates. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Lessard Lake Estates Homes Sold in the Last 30 Days

Lessard Lake Estates Sold Data Overview

Recently Sold in Lessard Lake Estates

Understanding the Lessard Lake Estates Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Lessard Lake Estates compare to Rural Lac Ste. Anne County?

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