1500 Richmond Street London Ontario
1500 Richmond Street London Ontario (Wyndham Gate) is an enclave of 142 townhouse condominiums, about 1 km away from The University of Western Ontario, on a bus route and a hop, step and a jump to Masonville Mall & other big box stores.
There is quite a range of designs and layouts with one-floor condo bungalows up to two-storey units with 3-4 bedrooms and single or double car garages. Condo Corporation # 260 is well managed by Dickenson Property Management 519-666-2332.
- In 2021, nine one floor 2 bedroom townhomes sold through MLS for 107.77% of the asking price and taking 9 days on the market to sell, the lowest being $509,000, the highest $676,000! (not a misprint!)
- Six 3-5 bedroom townhouses sold within 9 days and selling for an average 108.81% of the asking price, prices ranging from $535,000 to $677,000.
- In 2020, one sold for $400,000 and the other for $521,000, both averaging 14 days on the market and selling through MLS for a median 109.29% of the asking price.
For the previous year’s stats, go to the bottom of this page.
Please Note That We Are Not Property Managers, Nor Do We Represent The Condo Corporation Of Any Of These Condominiums, Nor are we Rental Agents, We Are Realtors Who Help Buyers & Sellers.
The Real Estate Market in London Ontario is a Seller’s Market!
The real estate market in London Ontario is a seller’s market. The inventory of townhouse condos listed for sale is meagre and if able, this may be the time to take advantage of the large numbers of buyers currently competing to purchase. You can see by the 2021 numbers above for 1500 Richmond that results do not lie, verified by: Record House & Condo Prices London Ontario In 2021
There are several reasons to consider when thinking about selling your townhouse in London within the next few months. First, the convenience of selling within seven to ten days always makes the process less burdensome. It is equally appealing for buyers who are seriously looking to purchase, and they come pre-qualified for financing. Buyers are also more flexible about a closing date to accommodate the seller’s preferred timing. Of course, a well-priced house or condo will generate multiple offers that typically net the highest price for you.
Don’t wait for the right opportunity; create it.
Making Selling London Ontario Townhouse Condos Easier
When selling your townhouse in London Ontario, you have a choice of 1,900 + Realtors. Yet, we sell more homes than the average Realtor, and one of the many reasons is we have designed and implemented a 122 step process that we use every time. Getting a thorough understanding of these points will give you 100% confidence in your decision to sell your home, with whom, what to expect, how to maximize your bottom line and minimize the hiccups!
Helping You Get More For Your Townhouse at 1500 Richmond St London Ontario
We’ve all seen the boring, plain, everyday marketing that offers free valuations without even seeing your home! Or “Free Home Valuation Reports” cards in our mailboxes or the dreaded cold call “I have a buyer who is interested in buying your home.” A Comparative Market Analysis is a report supposed to provide an anticipated sales price or price range for the subject property.
Really?
How can anyone value your home accurately without physically seeing your home and doing the two to three hours of research necessary? Have you ever bought anything “at ” ballpark price’? “general price range?” “The market price?” After advising & guiding hundreds of sellers to sell their homes over the years, every house or condo sold was a price we agreed on. Semantics aside, you deserve a price that many willing, qualified buyers will pay.
A comparative market analysis (CMA) is a process Realtors use to determine the market value by comparing it to similar properties that have recently been sold and those currently listed for sale. A CMA is a crucial tool for listing Realtors as they determine the price that a seller will list their house or condo for sale, and it’s also a tool for buyers agents advising their clients to make competitive offers. Conducting accurate, consistent CMAs isn’t easy. Most Realtors are not taught this skill in their pre-license real estate classes, so many enter the business without this vital skill or lack the patience to dedicate the time to learn how to price a home correctly.
Why Our Exclusive London Ontario Home Value Analysis Is Effective
It’s a complete top-to-bottom room-by-room analysis not just of the value but every aspect of your home to identify items that may affect your sales price. Our analysis enables us to identify the selling features or what you can do to help sell quicker or receive a higher price.
Offering Solutions, Not Promises In London Ontario
- You let us know that you would like a no obligation, no cost valuation of your house or condo.
- Arrange a mutual time to meet.
- We will prepare for our meeting with research of prices, demographics and current market conditions.
- You will not have to sign anything or listen to blah blah blah stuff , malarky, posturing, showcasing or bs.
- When we get to your home,a quick introduction and a tour of your home where we will perform a room by room review.
- When completed, sit down with you and adress your concerns, fears or the anxiety you may have about moving.
- Have a conversation about:
- If Necessary, a few minor things you can do a minimal expense to show your home in the best light.
- Why pricing your home correctly the first time will 9 out of 10 times give you a better returm.
- Why, when and where to market your home asserively to attract qualified buyers who are excited to buy your home!
- Understanding that there are four types of buyers in this market and why three of them you want to avoid!
- Understand the difference between Market Value ,Perceived Value & Appraised Value and what effects those 3 will have on your asking price.
- What are your legal obligations? To your lender? To the buyer?
- How being in a Sellers Market in London Ontario affects your asking price & do negotiating skills matter?
- How to handle showings & offers to yield the best results.( My last listing I had 119 showings and 37 offers!)
- Leave with you our research and market reports and best practises to sell a home.
- Within 24 hours get back to you with “The Price”. And why!
- You then decide to allow us to sell your home or not.
P.S.
We find selling a house or a condo the easiest part of the selling process; after both parties sign the offer, we genuinely earn our money!
- Ensuring the lawyers on both sides of the transaction are informed and followed up with during the process.
- Cooperating with appraisers, inspections, mortgage lenders
- In some cases, keeping the transaction on pace and solving challenges.
- Ensuring our 81 point checklist for closing a sale is completed sequentially.
Opening Doors for London Ontario Home Buyers Since 2004
For Prior Years Stats:
- In 2019, two 4 bedroom units sold, one for $340,000, the other $365,000. Two 2 bedroom units sold, one for $350,000 and the other $365,000 and two 3 bedroom units, one for $370,000 and the other for $409,900 with a median of 13 days to sell!
- In 2018, six units sold, from $294,900 to $385,000!
- In 2017, 11 units sold through our MLS system, from as low as $266,000 to $365,000
Please Note That We Are Not Property Managers, Nor Do We Represent The Condo Corporation Of Any Of These Condominiums, Nor are we Rental Agents, We Are Realtors Who Help Buyers & Sellers.