Envelope Real Estate Brokerage Inc.   Not All REALTORS* Are The Same

Exclusive Warbler Woods Neighbourhood


  Beautiful and exclusive Warbler Woods are words used by the majority of Londoners. Located in South West London off of Commissioners Road West or Byron Baseline Road. Protected to the west by 2 conservation areas.

Quick and easy access to downtown London, UWO and the 3 hospitals. Convenient shopping near by with great schools, recreational areas, skiing at Boler Mountain, bike paths and more.

For more information about Warbler Woods and other homes for sale in London, or other real estate enquiries,

This will be a very short comment on housing in beautiful Warbler Woods because there is just one house for sale and one home sold from January 1, 2010 to March 10,2010.

As Warbler Woods is a sought after neighbourhood in London Ontario , homes do not come on the market often and when they do and they are priced correctly, sell quickly!

I have an email alert system that works quite efficiently and if you wish to be added to that list to be aware of homes that go on the market in Warbler Woods, it is free and you are under no obligation!

If you like nature and enjoy hiking and walking go to http://www.thamesriver.on.ca/Wetlands_and_Natural_Areas/images/09_Warbler_brochure_ESA.pdf for a great brochure on trails etc in Warbler Woods.

 

 

What was the real estate market for houses like in Warbler Woods, a neighbourhood  in south west London in 2009 and what to expect for 2010?

   

 

Houses in Warbler Woods 
 
From January 01, 200 9 to December 31, 2009, 4 houses in Warbler Woods exchanged hands and it took an average of 50 days for homes to sell. All were 2 storey houses.
 
The average asking price was $496,050 and those that sold, did so for 97.8% of asking which was$484,975 .
 
For an in depth report, give Ty a call.
 
                                   What Does This All Mean? For Sellers:Warbler Woods is a very stable  safe neighbourhood of executive homes with taste and style.
 
        Economists are predicting real estate in the London region may increase 8-9% in 2010 and interest rates to increase as high as 6%. Warbler Woods will be a neighbourhood that may see these price increases because of the amenities and the lack of inventory of homes for sale.
 
I cannot predict the future; however; in any market, clean, quality homes that are priced well sell quickly. Those who are testing the market or not facing reality as to the real value of their home, languish on the market, take longer to sell and for far less than the correct price which the home should have been marketed for in the first place.
 
Why do some homes sell in 7-10 days and others 55-75 days? It is what I call the 3 P's of real estate. Price, Product and Promotion.
 
If you want results and straight talk, calling a professional REALTOR® like me will ensure your real estate experience is a successful one.
 
                                  What Does This All Mean?
 For Buyers:
Quality houses and in Warbler Woods are in demand as more people learn about the amenities and lifestyle. Very few resale homes will come on the market.
 
Being prepared to act quickly in Warbler Woods will ensure you of a  home that fits your criteria.
 
 Call me today for my Exclusive Envelope Real Estate Home Buyer Kit that will help your real estate experience be successful and enlightening!
 

 


Market Value or Replacement Value in Real Estate?


Over 70 percent of homes in the United States and Canada are underinsured.  And, of those homes, 70 percent are underinsured by at least 30 percent.  This is a major problem!  The confusion between market value and replacement value is where many of these problems originate. 

  Many people base their insurance coverage on the market value of their home.  Market value is what a buyer will pay for your property, but this is irrelevant if your home is destroyed.  What you should really be basing your coverage on is replacement value.  This is much more complicated to compute. 

When computing replacement value you must figure in all of the costs of rebuilding your home.  This is often 20-30 percent more than new construction because of the added demolition and removal costs. 

Once the land has been cleared, you will need to add the cost of actually building your home by multiplying the square footage by the average cost per square foot.  You can find out average square footage costs from your local builder's association or your favorite REALTOR®.

 Then, you need to add in additional money for upgrades and improvements that you have made.  Also, check your local building codes because changes in codes since your original home was built can cost a bundle when rebuilding. 

 In some cases, it may cost even more to rebuild your home than the market value.  This is often the case in run-down areas where land values have fallen.  In any case, don't just base your homeowner's coverage on the lender's requirements.  These often only cover the mortgage balance leaving you with nothing. 

If you are thinking of selling or buying soon, and require competent and caring facts, not opinions,  call me at 519-435-1600


Warbler Woods Homes For Sale and Information


To enhance your buying and selling experience, it is my responsibility as a Broker of Record and Owner to provide you with as much valuable information as possible.

It is essential that a buyer or seller be aware of all aspects of the real estate market before making any major decision.

Whether it be through newsletters, checklists or news articles, my obligation to you is to make this process as stress-free and rewarding as possible. Can I guarantee the stress bit? I'll do my 95%, you look after the other 5%!  



8 Strategies to saving thousands when buying real estate

Even Experienced Homeowners Make Costly Mistakes When Buying And Financing Their Home It’s no surprise that borrowing $100,000…$200,000 or more is a lot of money. And how to FIND the right home…how much to PAY for the home…how much to BORROW…and on what FINANCIAL TERMS can literally mean tens of thousands of dollars MORE or LESS in your pocket! If you’re like most people, the decision to buy a home involves a number of stresses and strains. For about 80% of buyers, it’s the single largest financial transaction of their lives. Mistakes in any part of the buying process can cost you thousands. That’s why we wrote this special report…to give you a number of helpful, straightforward tips for finding a home that meets your needs, AND becomes a wise financial investment for you. Here are eight strategies (we call them “secrets” because so many home buyers disregard them when buying) you should consider when buying your next home…


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Ty Lacroix Broker of Record & Owner Ty Lacroix Broker of Record & Owner 519-435-1600 Email Ty