How much does a house cost in Spence?

The median sold price in Spence, Magnetawan over the last 12 months was $632,500, across 2 sales. By home type: detached $632,500.

How competitive is the Spence housing market?

Homes in Spence sold in a median of 70 days on market, faster than the 75-day Magnetawan median, closing at an average of 97% of the asking price. Homes here generally close at or below asking.

Do you need a car to live in Spence?

Spence scores 0 out of 100 for walkability, 0 for transit and 0 for cycling. A car is close to essential here. Scores are computed from the amenities and transit stops within one kilometre.

How much of a Down Payment Boost could I get in Spence?

Zown shares its commission with buyers, up to $25,000, paid at closing. At Spence's median sold price of $632,500, a Zown Complete boost works out to about $7,906 (1.25% of the price). Your amount depends on the home you buy and the commission offered on it.

Spence, Magnetawan Neighbourhood Guide

Spence, Magnetawan Neighbourhood Guide | Zown

What your Down Payment Boost is worth in Spence

Zown is a brokerage, so we earn a commission on the home you buy and give up to 1.25% of the price back to you, up to $25,000, paid at closing.

Home type	Median sold price	Estimated boost
Detached	$632,500	$7,906

Estimates only. Your boost depends on the home you buy and the commission offered on it, and it is paid at closing. It adds to your overall savings and is most often used for closing costs.

Run your numbers

Spence, Magnetawan Neighbourhood Guide

Spence at a glance

How much does it cost to buy in Spence?

How the Spence market moves

What you can buy in Spence

Spence price trend

What your Down Payment Boost is worth in Spence

Where Spence is

Getting around Spence

Frequently asked questions

Explore other neighbourhoods in Magnetawan

All Magnetawan neighbourhoods

Homes for sale in Spence

Sources