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There are currently 415 sold bungalow listings in Centre Wellington, Ontario with an average price of $922,776 CAD.

Listings:
415
Avg. Price:
$922,776

...

Sold Bungalow Benchmarks & Market Trends in Centre Wellington

Reviewing recently sold bungalows in Centre Wellington provides direct, unvarnished insight into actual closing values and transaction liquidity. With 415 verified bungalow sales recorded on the MLS®, buyers and sellers can track real sale prices, sale-to-list price ratios, and average days on market (DOM).

Historical sales data in Centre Wellington demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Centre Wellington

BedroomsAvg. PriceActive Listings
1 Bed$371,5009
2 Beds$649,73390
3 Beds$873,694158
4 Beds$952,363115
5+ Beds$1,587,24251

Centre Wellington Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Centre Wellington establish clear pricing benchmarks. Entry-level single-storey properties have traded from $358K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $5.2M. The benchmark average sold price for a bungalow in Centre Wellington sits at $924K.

Because land value represents the overwhelming majority of a bungalow's total equity in Centre Wellington, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.

Secondary Suites, ADUs & Investment Potential in Centre Wellington

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Centre Wellington, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Centre Wellington can readily accommodate legal secondary dwelling units, multi-generational in-law suites, or detached additional residential units (garden suites).

This dual-income capability provides substantial rental cash flow to offset mortgage costs, making bungalows in Centre Wellington exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Top Neighborhoods in Centre Wellington

Exploring sub-areas within Centre Wellington can help buyers compare average prices and active inventory across communities.

NeighborhoodAvg. PriceListings
Fergus$807,922226
Elora/Salem$959,997124
Rural Centre Wellington East$1,099,00043
Rural Centre Wellington West$2,056,25017
Belwood$533,33313

Accessibility, Aging-in-Place & Downsizer Demand in Centre Wellington

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Centre Wellington deliver unparalleled convenience for downsizers and retirees prioritizing accessible, single-level living. Combined with established neighbourhood amenities, proximity to GO transit corridors, top-rated school catchments, and lakefront or ravine conservation areas, purchasing a bungalow in Centre Wellington represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Centre Wellington.

The average sold price for a bungalow in Centre Wellington is currently $924K, based on real-time MLS® market inventory. Individual values vary depending on lot frontage and depth, interior renovations, and whether the lower level is finished with a legal separate-entrance suite.