Lambeth & Talbot Village London Ontario Real Estate House & Condo Sold Prices Lambeth, Talbot Village & Southwinds in London
Lambeth, Talbot Village, Southwinds in London Ontario Homes
Lambeth is a neighbourhood in the southwest of London, about 10 minutes to downtown on a good day, a bad day 12!
In 2021, 235 houses in the LambethTalbot Village neighbourhoods of London sold through MLS, averaging 15 days to sell for a median of 107.82 % of the asking price, the lowest being $450,168 and the highest $2,250,000.
Six townhouses or townhomes in Lambeth sold as well, averaging eight days on the market and selling for 110.79% of the asking price! The lowest being $556,000 and the highest $800,000.
- In 2020, 223 houses in the Lambeth & Talbot Village neighbourhood in southwest London sold on MLS, averaging 23 days on the market, from a low of $346,000 and up to $2,700,000 and selling for 99.36% of the asking price! In the same period, five condos in Lambeth changed hands; the median days on the market were 3, selling for 102.91%of the asking price and from a low of $400,000 to a high of $535,000.
For prior years, go to the bottom of this page.
Lambeth London Neighbourhood Is a Seller’s Market
The real estate market in Lambeth, London Ontario is experiencing a seller’s market. The inventory of houses and 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. By the 2021 numbers above, you can see that results do not lie, and there are very few properties for sale in the Talbot Village, Lambeth London area!
There are several reasons to consider selling your home in Lambeth 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.
Guiding Lambeth London Ontario Home Owners Through Change Since 2004
When selling your home in the Lambeth Talbot Village neighbourhood in London Ontario, be it a house, apartment or townhouse condo, 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!
Would You Like to Get the Best Price for Your Lambeth London Ontario Home ?
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.
Want Results That Will Move You?
- 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 assertively 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.
Lambeth in London, Ontario, continues to be a sellers’ market with very few resale homes for sale.
The 401 and 402 highways are 3 minutes away, and six golf courses are within a 20 KM drive! There is a newer shopping plaza at Colonel Talbot Road and Southdale Road West with groceries, a pharmacy, dining and fast food, banking etc.
Schools and churches are bountiful, along with professional services. Lambeth has homes from entry-level to executive properties and condos. Drive through Talbot Village for new houses and condos or off of Pack Road, Southwinds Village for some sprawling dwellings, or the Outer Drive area going south on Colonel Talbot Road or the heart of Lambeth, some quaint shops and a multitude of services.
Elementary Schools
High Schools
St. Thomas Aquinas Catholic Secondary School
Sports
Churches
St.George Roman Catholic Church
Buying A Home in Lambeth London Ontario
With the average house prices in London, Ontario, setting a record, what would happen if you had a strategy before you even started the process of looking at houses or townhomes?
I am not talking about price or style or how many bedrooms when I say strategy. You already have a good idea of what you can afford and what you want.
Emotion sometimes can cloud our reasoning, which in turn might cause us to overpay for a home or rush the selection process.
If the questions determine the quality of our life, we ask ourselves, what about if you knew what questions to ask when buying a home and if the answers you receive are accurate?
- Prior Years Numbers For Lambeth.
- In 2019, 170 houses were sold through MLS in the Lambeth neighbourhood from as low as $299,900 and $1 850,000. Thirty-seven days was the average time on the market to sell for 99.94% of the asking price! Twelve condos were sold from $395,000 up to $910,000 for an average of 100.01% of the asking price and on the market a median of 21 days.
- In 2018, 149 houses sold in the Talbot Village, Southwinds & Lambeth neighbourhood of London for a median price of $591,504, which was 99.08% of the asking price, took 21 days on average to change hands. Twelve condominium townhouses and townhomes in Lambeth sold in 2018 for an average of $479,900, which was 99.22% of the asking prices and sold within an average of 16 days.
- In 2017, Lambeth London Ontario houses & condos, including Talbot Village and Southwinds, set a record with 232 homes selling for close to the asking price and taking about 20 days to sell on average, for condos in Lambeth, eight sold, a median time to sell was 25 days and these sold for 98.62% of the asking price.
