Sutton Group Envelope Real Estate Brokerage Inc.
Envelope Real Estate Brokerage Inc 181 Commissioners Road W London, ON N6J 1X9
Phone: 519-435-1600

Hyde Park London Ontario Real Estate


 

All the houses & condos for sale in Hyde Park London Ontario on MLS   London Ontario Houses For Sale London Ontario on MLS   London Ontario Condos For Sale on MLS

 

  From January 1 to October 10, 2018, there were 175 houses in Hyde Park that sold for a median price of 100.02% of the asking price and these took about 11 days to sell. For condos in Hyde Park, 49 sold for a median price of close to asking price and took about 14 days to sell.

  When we see less than 2 weeks on the market and prices sold being close or above the asking price, means it is a sellers market in London and especially this neighbourhood.

 You can get a breakdown of these sales instantly by scrolling down the page.

  Hyde Park London Ontario real estate sales in 2017 set a record for home sales with 300 houses selling through MLS for 103.07% of the asking price and on average, taking 7 days to sell! 112 condos in Hyde Park were sold, average 100.04% of the asking price and the median days these took to sell was only 15 days!

 

 

  Hyde Park is a neighbourhood located in North West London, with  Fanshawe Park Road West to the north Hyde Park Road & Sarnia Road centres the neighbourhood and east of Wonderland Road north, all the way to the south west corner of Oxford Road W . ( Whew! Here is the map, less talk!)

       

     

        Hyde Park Neighbourhood by City of London Ontario Hyde Park Neighbourhood as per The City of London

  

      Hyde Park London Ontario Map

 Other London Neigbourhoods


Hyde Park London Ontario Real Estate Numbers & Wise Things To Know


Hyde Park London Ontario House Sales

 With the so called information age being a window for knowledge, buyers and sellers of real estate should be aware of the misinformation age, be it embellished numbers, unbridled enthusiasm or false perceptions.

 Always ask :"Is it true?"

 One of the principles I have enforced in my career as a professional Realtor is that facts and the brutal truth about a value of a house, the market and the activity are in the best interests of our clients.

 Below are some facts and reports that may help you when making a real estate decision.

Hyde Park House Sales January 1 to October 10, 2018 Through MLS
175 of these were sold, they averaged about 11 days to sell, what were their prices?
Hyde Park Condo Sales January 1 to October 10, 2018 Through MLS
There were 49 including apartment condos and townhouses
Step by Step Seller Chart
This simple, one page process chart starts with you thinking of selling and ends with you meeting with your lawyer and giving the keys to the new owners and you receiving a cheque! Hundreds of our clients have followed these steps, if you do too, it will make your life much, much easier!
Step by Step Buyer Chart
Follow these steps from starting to think about buying a condo to getting the keys from your lawyer to be able to move in. Miss any of these steps and you may have a few challenges!
Hyde Park London Ontario 2017 House Price Breakdown
This 10 page report includes the 300 sale prices in Hyde Park for 2017, such as asking price and sales price along with how many days they took to sell and percentages.
Hyde Park London Ontario 2017 Condo Analysis
This 4 page report includes the 112 sale prices of the condos that sold in Hyde Park for 2017, such as asking price and sales price along with how many days they took to sell and percentages.

What Price To Pick When Selling a House in Hyde Park


   What price do you choose when deciding to put your house or condo for sale on MLS? I won't go into the debate about "free advice", you know what I mean, your hairdresser, co-worker, Uncle Ted who knows everything about everything, your financial advisor, or the "Free Market Evaluation" postcard or online generalities you get bombarded with.

   Selling a House in London Ontario

 Below are a few things you may want to give considerable thought to:

  • Not choosing the right price when a property is first listed. In other words, thinking “We can always come down”.

  • Putting the property on the market at an unrealistic price. A property must be priced on a comparative basis to the other properties which are similar. (I should add, everyone thinks their home is different but buyers and their Realtor do not think so.)

  • Not relating marketing time to price. Generally, the quicker you want to sell, the less you should be willing to take.

  • Calculating brokerage fees on top of the sales price. A home is worth what it is worth, with or without a commission.

  • Thinking that buyers aren’t comparing your home, on a dollar-for-dollar basis, with every other home on the market    

  • Do not add up all your credit car debt, car loans, line of credit, mortgage, that one month luxury cruise and then $20,000 just for the heck of it, and that is the price! (Think I am joking here, I actually was on a listing presentation and the price they wanted was to be able to do the above. First off, I did not take the listing because they wanted $66,000 too much, plus, they went through 3 Realtors and 10 months and got $81,000 less than their original asking price!)

​  There is a better way!         

 Over the years helping hundreds of home sellers successfully sell their home, we designed a series of check lists, a series on pricing, a series on the process and what to expect, from start to finish, the good and the bad. Our clients love it and I thought that you may as well.

 You see, we also work with hundreds of buyers as well and if you saw or knew what we see some sellers do or not do is amazing, and the unfortunate thing is, those sellers do not know they are not maximizing their sold price, their marketing and exposure of their home.

 Before Selling a House in London Ontario

   There are little subtle things that start to add up and if not checked in time, can mean the difference between your asking price & actual sale price and how much longer it will take your home to sell, not sell or unecessary problems that can occur!

 Before selling your home in London Ontario & area up for sale, learn how

  


Deciding on Buying a House in Hyde Park?


 

Tips For Buyers

As a home buyer in London Ontario and area, being your first time or your 5th, most buyers  face at least one of these situations.

  •  You’re looking to make one of the most important purchases of your life and you don’t want to get burned because of not knowing whom you can trust, or making a mistake that could cost you thousands of dollars later.

  • You think you know the values in the marketplace , but are not really sure. You know how much you are pre-approved for, but you don't want to go that high. What you really would like is to be assured of getting the most that you can for your money, without having any regrets after your closing.

  • You’re feeling out of control because there are so many unanswered questions. Making it hard to know where to start. 

 

     Is there an easier way ? Not really! I believe these are all good concerns because you are spending hundreds of thousands of dollars. You should be very cautious how you proceed.

 

    As a professional  Realtor®  and house hunter there is no need for a buyer to have this uncertainty and  fear of the unknown . If you take a deep breath and get the facts and not opinions on price and neighbourhoods around London Ontario, the home buying process will at least be clearer.

 

   Basing your decisions on logic and controlling your emotions goes along way in ensuring the home you buy will be a wise financial decision. The hundreds of buyers we have helped sure think so because they told us.

 

 Does it not make sense that in order for you to make one of the most important decisions in your life you may want to be well informed and protected?

 
 

Why Use a Realtor To Buy a New Home in Hyde Park?


  

 What is the advantage, disadvantage if I  use a Realtor to buy New Home Construction?

                                                              Use a Realtor to Buy New construction

   The builder has either  a professional real estate representative watching out for their interests or their own salaried/commission sales person representing the builder. Should you not have  expert representation watching out for your interest as well?

   Lawyers are not allowed to represent both parties in a real estate transaction, for some very good reasons , yet a builder representing themselves and you is ok?

   Buying a new home  can be a little more challenging  and time-consuming than buying a resale home and in most cases, it makes sense to have some one on your side!

     Is there any advantage to not using a Realtor to purchase a New Home Construction?

   No.  There is no financial advantage for you to buy directly from the builder.  Builders have a “single-price” policy meaning you will be charged the same price whether your interests are represented by a Realtor or not. 

     Just as in any resale transaction, the Seller pays the Representative’s fee.