Summerside Houses & Condos London Ontario


  From January 1 to July 14, 2017, houses & condos in the Summerside neighbourhood of London Ontario have been selling well, with prices up and the length of time to sell down.

  63 houses in Summerside sold, at an average price of $397,089 which was a whopping 108% of the asking price and these were on the market for only 9 days! 16 condos sold as well, averaging 106% of the asking price abd these took to 11 days to sell!

  What a difference a few months make. Will this continue? What about the rest of London?

   98 houses sold in the Summerside neighbourhood of London Onatrio in 2016, starting from $229,000 and up to $429,000 and all sold close to the asking price and within an average 25 days!  

 27 condos were sold from as low as $158,000 and up to $269,000 and these took about 29 days to sell and sold for 99.2% of the asking price.

 Here are all the houses & condos for sale on MLS in Summerside London Ontario

 In 2015, the Summerside neighbourhood in London Ontario , on our local MLS system, 89 houses changed hands for an average price of $287,713 which was 98% of the asking price and these houses were on the market for an average 44 days.

 18 condos were sold as well, with an average price of $216,688 which was 99% of the asking price and these condos took on average 35 days to sell!                            

                 Summerside Houses for sale London Ontario

                 2014 Activity

  Summerside London Ontario Real Estate was very active in 2014 with 88 houses being sold along with 20 condos.

  The average sold price for a house in Summerside in south London that sold was $291,656 and these were on the market an average 45 days. The condos were on the market an average 62 days and sold on average $211,405, both houses & condos in Summerside London sold for about 98% of the asking price.

   Summerside London is a great neighbourhood for families as it has a great quick access to highway 401 and Veterans Memorial Parkway, making the commute to work that much less driving time!

     Summerside is one of London Ontario's newer communities and is located in  the South East of London, East of Highbury, north of the 401, West of Veterans Memorial Parkway (Airport Road) and south on Commissioners Road East.

      Summerside  has been growing at London's southeast edge of the city for about 14 years or so. Summerside holds a lot of appeal for those who wish to live in London, but whose work carries them to neighbouring communities such as St. Thomas, Ingersoll or Woodstock or quick access to Highway 401. 

   It is a popular area for younger families as house prices are attractive.  This community offers single family houses, condo townhouses, attached and de-tached condo bungalows and a gated condo corporation. There are houses being built all the time and the resale market is vibrant!  

   Plenty of shopping, schools and churches  nearby.

 

Summerside Map of area in London Ontario

    

 Other London Neigbourhoods


Right Sizing To or From Summerside in London Ontario?


      Downsizing in Summerside London Ontario

  Life changes—children grow up and leave home, we don’t need as much space, and our financial means may change. Any of these reasons may prompt us to consider downsizing: reducing our possessions and moving to a smaller house or a condo in Summerside or other neighbourhoods in London Ontario or nearby.

   If you’re contemplating making such a change, take time to evaluate the many facets involved.  But, what should you consider? Why? When? Downsizing is an important transition requiring careful consideration.

   What’s involved? Relocating to a new home that’s more suitable to your current needs requires well-planned steps, including financial planning and paring down your possessions. Social and health considerations also play a role.

   Like any long-term commitment, consider the benefits and limitations a smaller house in London or a condo in London will provide. Over the years I have worked with a lot of folks relocating to London or Londoner's whose children have either flew the nest or for health reasons their present house is challenging. 

   I understand the reluctance of one of the spouses's to not want to move or the suddenly single person whose present home is too large or too expensive to manage on her own. Entrusting one of the most daunting for some or very exciting  move for others with just anyone should not be taken lightly!

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Summerside Houses & Condos. Thinking of Buying?


                               Buying a home in Summerside London Ontario  

    If you are like most homebuyers, you have two primary considerations in mind when you start looking for a home. First, you want to find a home that meets your needs and desires, and secondly, you want to buy this home for the lowest possible price. Make sense?

                                                      Where Do You Start?

   Make sure you know what you want! This may sound simple, but many homebuyers in London do not have a firm idea in their head before they go out searching for a home. I am not making fun of anyone here but when I meet buyers for the first time, they do have a price range in mind, an area of London they prefer and perhaps their wants and needs but when they go shopping for a place to live, there are actually two homes competing for their attention: the one that meets their needs, and the one that fulfills their desires.

                          Obviously, your goal is to find one home that does both!

  When you are looking at homes in London, you may find that you fall in love with one or another home for entirely different reasons. Is it better to buy the home with the large master bedroom with large ensuite, or the one with the large open kitchen, or the one that has a pool, or the one that has a finished basement?

                                happy Envelope Real Estate buyers   

    Far too often people buy a home for the wrong reasons, and then regret their decision when the home does not meet their needs.

   Do not shop with stars in your eyes: satisfy your needs first. Work with a good agent who will sit down with you and listen to what you want. For example we  have a “Buyer Profile System” that will help you take the guesswork out of finding the right home that matches your needs. 

 But, what questions should you ask a real estate agent? Here is 11 that matter.

       The saving of time and disappointment is huge when we combine our system with your criteria.