Byron Houses & Condos


     
 From January 1, 2017 to July 10, 2017, the Byron neighbourhood in London Ontario saw 145 houses change hands for an average price of $472,000 which was 105% of the asking price and these took about 14 days to sell!
 
 For condos in Byron, 50 were sold through MLS in London for an average $298,119 which was 104% of the asking price and these took about 32 days to sell.
 
 As you can see,the real estate market has set records for 6 consecutive months and July may be no exception. Will this continue?
 
 In this blog, I share with you the overall London real estate market, comparisons among other cities and my take on what I feel the market will do.
 
  Byron  in South West London is bordered by Wickerson Rd to the west, Southdale Road to the south, Commissioners Road to the north and Colonel Talbot Road to the east.                                        

                       Byron Map

   Get All the houses and Condos For Sale in Byron London Ontario

 

  Byron has been consistently been a sought after London neighbourhood to live in and 2016 was no different with Springbank Park  (300 acres along a stretch of the Thames River and has 19 miles  of trails.) and the Thames River, Boler Mountain (a ski and mountain bike area known to the locals as "the bump"), churches, schools, a library, a fire hall, a legion, a Masonic hall , bistros and dining, professional offices, medical, drugstores, LCBO, jewelers, drycleaners and more.

  Nearby are public and private golf courses and walking & biking trails galore. 

  Walking in Springbank Park

 The Optimist Club of Byron is an example of community volunteers giving back to the community with activities through out the year.

                    

  Byron London Ontario Real Estate

 2016 House & Condo Sales in Byron in London Ontario

 Byron London Ontario houses for sale in 2016 were in demand and highly sought after as 231 were sold for close to full asking price or more!

 For the many followers of my real estate market price index, I stopped publishing an average house price in Byron because in this case, averages were not a true indicator of an average as we saw houses sell in Byron from as low as $227,500 and as high as $1,300,000!

 79 condos in Byron changed hands through MLS in 2016, averaging 33 days on the market and selling for about 99.2% of the asking price.

  There is a good selection of condo properties in Byron, starting from $175,000 for a townhouse up to $600,000 plus for a detached one floor townhome and a few high rise apartment condos with a proposed new Tricar building in 2017 across from Springbank Park.

  Below are a few of the condo corporations in Byron in London Ontario

 

  There are 5 elementary schools in Byron:

   Secondary school age students in Byron either attend  St. Thomas Aquinas Catholic Secondary School   or  Saunders Secondary School in the Westmount neighbourhood of London or, some currently attend Oakridge Secondary School in Oakridge.

  

                                                                          

 Other London Neigbourhoods

 


Preparing To Buy a Home in Byron


   When  thinking about buying a home in Byron or in other neighbourhoods of London, the first few thoughts are usually about  money and and the lay out of a home, then, where is it located and how far away is it from work, schools, the park, the golf course, your doctor, your health club and your friends?

  All pretty easy to get information for, but, what about the buying process itself? Below I have made a check list of questions, statements and comments that past clients have asked me over the years which led me to prepare my "Market Education Buyer Profile" which has helped my clients save a considerable amount of money and time.

                   Check list before buying a house in Byron         

  • 5 simple ways to make the home buying process easier

  • 4 very important questions to ask a mortgage lender BEFORE you sign any of their documents

  • What about a lawyer, a home inspector, a pool maintenace company, electrician, plumber, flooring company, painters, landscaper or a roofer?

  • 3 things that scare  most about buying a home

  • 8 steps to follow when buying a home to ensure a smooth closing

  • 4 quick tips that could save you thousands

  • Get the home you want. Just what is it that you want

  • 6 things to ask yourself when looking at a home

  •  4 ways to beat the stress of buying a home

  •  How can I remember each home when I’ve seen so many?

  •  7 money saving secrets you can use when you buy a home

  •  5 questions you should ask your real estate representative at every home you visit.

  •  6  things most builders hope you never hear

  • 6 signs that could mean expensive (hidden trouble….)

  • How do sellers price their homes & how much should I offer?

  • How to avoid being beaten out by other buyers who may be competing with you for that home you love

  • No fail guide to finding a mover that won’t take you to the cleaners

  • Planning your move. What to do now that you’ve bought your dream home?

 I feel that if a buyer is very  thorough and understands the home buying process better, their choice of buying the right home, in the right neighbourhood and for a better price increases!


Maximize Your Bottom Line


  How do you, as a home owner in London Ontario, able to maximize the sale price of your home in this very active real estate market in London Ontario and area?

  Being Prepared before buying a house in London Ontario

Being prepared ahead of time before your home goes on MLS can be one of the best advantages you will ever have to get what you want.

 I do not mean testing the market with a price that a reasonable buyer would never consider, I mean, factually align your arsenal with quality information, such as up to date factual sales history( not what your neighbour said she got), the neighbourhood desirability and most important, is your home in what Realtors call ‘show ready’?

 As well, what is the process if you did get an offer, or two or three?  It could be in some cases that the highest price offer may not necessarily be the best for you!

 What would you do if you did not receive an offer in 2-3 weeks? Would you know the reason or would your first instinct be to put the blame on something or any one person?

 Being prepared will allow you not to make impulse decisions that could cost you.