There are currently 16 sold bungalow listings in Cache Bay, West Nipissing, Ontario with an average price of $424,954 CAD.
- Listings:
- 16
- Avg. Price:
- $424,954
Bungalows Sold in Cache Bay, West Nipissing, 16 Listings
Cache Bay, West Nipissing Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Cache Bay, West Nipissing Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $367,500 | 8 | 63 days | 1 |
| 1 Year | $386,500 | 10 | 72 days | 1 |
| 3 Years | $356,500 | 16 | 53 days | 1 |
| 5 Years | $356,500 | 16 | 53 days | 1 |
Sold Bungalow Benchmarks & Market Trends in Cache Bay, West Nipissing
Reviewing recently sold bungalows in Cache Bay, West Nipissing provides direct, unvarnished insight into actual closing values and transaction liquidity. With 16 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 Cache Bay, West Nipissing demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Cache Bay, West Nipissing
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 1 Bed | $270,000 | 1 |
| 2 Beds | $395,500 | 3 |
| 3 Beds | $397,150 | 6 |
| 4 Beds | $561,667 | 3 |
Cache Bay, West Nipissing Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Cache Bay, West Nipissing establish clear pricing benchmarks. Entry-level single-storey properties have traded from $270K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $650K. The benchmark average sold price for a bungalow in Cache Bay, West Nipissing sits at $425K.
Because land value represents the overwhelming majority of a bungalow's total equity in Cache Bay, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Cache Bay, West Nipissing
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Cache Bay, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Cache Bay, West Nipissing 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 Cache Bay, West Nipissing exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Accessibility, Aging-in-Place & Downsizer Demand in Cache Bay, West Nipissing
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Cache Bay, West Nipissing 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 Cache Bay, West Nipissing represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Cache Bay, West Nipissing.