701-779 Wilkins Avenue London Ontario
701-779 Wilkins Street London Ontario is a community of 78 townhouse condominiums, some with garages or carports and named Village on the Green
It is about five minutes to Victoria Hospital, Parkwood Hospital and The London Health Science Centre and the Wellington Road corridor and on a bus route.
A desirable area in south London Ontario with schools, parks and services all nearby.
- In 2019, four townhouses sold through MLS, ranging between $235,000 to $335,800
- In 2018, five residences were sold, from as low as $180,000 and up to $267,500!
- In 2017, two townhouses sold, one for $198, 000 and the other $199,500.
- In 2016 Prices $150,000 – $165,000
Some Tips on Making Correct Real Decisions in London Ontario
Having the right information about a property and getting excellent results, when applied, will save yourself some money. Have a look at these links; you will be glad you did!
How Not To Be Disappointed in The Townhouse Condominium You Eventually Buy
How valuable would it be to you if you knew beforehand that the condo you were thinking of buying was either overpriced or not right for you?
Most never know or realize they overpaid or their condo was not right for them until after they move in or when it comes time to sell!
I see this time after time, and there is no need for that ever happening if the buyer was informed BEFORE they start the condo-buying process!
The 12 Step Condo Seller Best Practices
Regardless of the present condominium market, (which is quite good, by the way!) to maximize your condo’s selling price, there are steps you can take to ensure that your condo sells in a reasonable time, reducing stress and maintaining control.
1 Keep the reason you are selling to yourself and your professional condo lister.
Do not reveal your motivation for selling to anyone else because they may use it against you at the negotiating table. When asked, say that your housing needs have changed.
2 Different goals will dictate different strategies
What is more important to you: the money you walk away with or the length of time your property is on the market or both?
3 Do your homework before setting your price
The average buyer will look at 15-20 homes before making a decision. That buyer will now have a basis of comparison, and if your condo does not compare favourably with others in the price range, you will not be taken seriously by prospects or their sales representative. The result can be that your condo will sit on the market for quite a while and knowing this, buyers will think there is something wrong with your condo.
4 Oh no! More homework!
(An excellent professional condo lister should do this for you) Find out what condos in your neighbourhood have sold for in the last 6-12 months, and what is now listed for sale and at what price. That is how prospective buyers and their Realtor® will assess the worth of your home.
5 Maximize your condo’s potential
You may not be able to change your condo’s location or floor plan, but you can do a lot to improve its appearance. The look and feel of your condo generate a more significant emotional response than any other factor. Before showings, pick up, straighten up, unclutter, scrub, scour and dust. Present your condo to get a “WOW” response from prospective buyers. Allow the buyers to imagine themselves living in your condo. The decision to buy a home involves emotion, not logic.
6 Choosing a Professional condo Lister
The person you choose to market your home are partners with you, and as you know by now, not having the right partner can be costly and time-consuming! Questions you may want to ask a Realtor?
7 Make it easy for buyers to get information on your condo, 24 hours a day, seven days a week.
Buyers are calling for information on your home; value their time as much as you do. They also do not want to be hassled or frustrated because they cannot get a hold of your real estate person or that some of the information in your listing is incorrect. Over 97% of condos are previewed over handheld devices, smartphones, tablets and desktops! Make sure who you choose to market your condo has a presence in all four models!
8 Try not to leave the condominium empty.
Studies have shown that it is more difficult to sell a vacant condo because it looks forlorn, forgotten and naturally not appealing. As well, buyers may think because it is empty, you are motivated to sell fast and for a lower dollar.
9 Deadlines can be a severe detriment
Don’t try to sell by a specific date. Deadlines can add real pressure on you and even harm your negotiating strength.
10 Keep emotions in check.
Do not be offended by a low offer or specific demands from a buyer. A professional condo lister can turn negatives into a positive. You may have an advantage over others who get caught up emotionally.
11 Be wise-disclose
Be proactive, by disclosing any problems or defects, you are giving the potential buyer confidence that you are not hiding anything. Disclosures will prevent any liability or legal issues to follow. I even get a status certificate and pay for it so that a buyer and their lawyer do not have to wait ten days to say yes or no, and for my clients, we cut down on the limited time or eliminate it.
12 Ensure your offer is correct and complete
Ensure that all terms, conditions and responsibilities are spelled out in the offer and that you fully understand them. A professional condo lister will take the time to educate you on the circumstances and terms and will insert additional clauses if required to protect you further.
One of our company’s principles is that we take the time before we start to market the home to discuss and review the pros and cons of different strategies and walk you through the steps of the selling process so that you are comfortable and more knowledgeable.
Over the years, my clients have said they were more at ease with the process and quite pleased with the results!