Riverbend in London Ontario Homes & Condos Activity For April 2010

Houses have been selling extremely well in Riverbend, a neighbourhood in west London off of Oxford Street West and nestled between the Hunt Club and The Riverbend Golf Community.  There have been 17  houses sold in Riverbend since the new year with the average sale price of $453,689 which was 99% of the asking price. There were 3 sales in January, 5 in February and 9 in March!

At April 2, 2010 there are 9 re-sale homes for sale in Riverbend & Riverbend West , all under 4 years old and ranging in price from as low as $359,000 up to $749,000. There are many model homes and condos to view if you prefer new.

Condos in Riverbend start at $288.000 and on average you can expect to pay around $320-$325,000 for a top of the line, walk away price.

For more information on this neighbourhood in west London, such as outdoor amenities, trails and parks, dining, cultural events or even real estate numbers and advice, I can help!

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

0 comments • Ty Lacroix • April 02 2010 07:34AM

House & Condos Are Selling Well in West London Riverbend Area

Sales of houses and condos in west London, especially the Riverbend neighborhood has been quite healthy in January & February so far. Homes and condos in Riverbend have been selling on average for 99% of asking price which was $447,027  and less than 52 days on the market!

At present there are only 31 houses and condos available for sale in Riverbend from one floor condos, bungalow detached homes and beautiful 2 storey homes. Even homes and villas and golfing at the Riverbend community.

For up to date information and knowledgable opinion on the lifestyle this great London community has to offer, lets have a coffee!

 

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

4 comments • Ty Lacroix • March 02 2010 12:59PM

Riverbend Houses sell For 102% of Asking in January 2010

There were 3 houses that sold in the Riverbend area of London in January for 102% of the asking price of $488,300 which was $498,300. The average it took to sell these homes were 43 days!

At present there are 9 homes for sale in this upscale neighbourhood and proves that quality, location and amenities attract buyers.

For further details of available homes or condos feel free to contact me

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

5 comments • Ty Lacroix • February 02 2010 12:36PM

One Floor Condo For Sale in London Builders Model

Luxury one floor condo located in upscale Riverbend neighbourhood called Rembrandt River West. These

These brand new condos offer a lifestyle that you have dreamed of being maintenace free, quality materials, 5 golf course within 2 miles, conservation area and minutes to downtown.

This 1251 sq.ft. Canterbury model is unit 55 at 2295 Kains Road and is priced at $327, 304. The base price for the Canterbury starts at $269,390. has been upgraded to the 9`s with a finished family room with gas fireplace in basement. Master has a walk in closet, huge 4 pc. ensuite w/upgraded carpet. Designer Kitchen with stainless appliances. Hardwood in foyer,hall, kitchen and combined dining/livingroom. Fireplace in dining/livingroom.

Laundry on main floor. Double car garage. 10`.7` x 8`.7` covered concrete porch to enjoy the beautiful sunsets. Enquire about all the other updates. Ready to move in, just bring your tooth brush! Open house hours 7 days per week from 1-4 PM.

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

2 comments • Ty Lacroix • January 22 2010 04:55PM

Riverbend Real Estate Facts & What Will Happen in 2010

What was the real estate market for houses and condos like in Riverbend, a London Ontario Neighbourhood in 2009 and what to expect for 2010?

Houses in Riverbend  

From January 01, 200 9 to December 31, 2009, 49 houses in Riverbend exchanged hands and it took an average of 61 days for homes to sell. The majority were 2 storey houses.

The average asking price was $448,277 and those that sold, sold for 96% of asking which was $430,322.

                            Condos in Riverbend

From January 01, 2009 to December 31, 2009, 7 condos in Riverbend exchanged hands and it took an average of 108 days for condos to sell. The majority were one floor condo ranches/bungalows.

The average asking price was $315,988 and those that sold, sold for 98% of asking which was $309,214. The 108 days on the market is because most are new construction and the days start with a hole in the ground.

                                   What Does This All Mean? For Sellers:

The Riverbend neighbourhood is quite stable with a lot of new construction still occurring and growing as a premier London neighbourhood.

Economists are predicting real estate in London may increase 8-9% in 2010 and interest rates to increase as high as 6%. There will be some neighbourhoods in London that may see these price increases because of the amenities and the 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 no BS or nonsense, 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 condos in Riverbend will be more in demand as more people learn about the amenities and lifestyle. As this is a relatively new neighbourhood, fewer resale homes will come on the market. Being prepared to act quickly in Riverbend will ensure you the 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!

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

0 comments • Ty Lacroix • January 03 2010 12:41PM

Houses & Condos Available in Riverbend in London Ontario

I have prepared a list of Houses & Condos Available in Riverbend in London Ontario with pictures, lot sizes, taxes and room sizes.These resale homes and condos are in various price ranges and styles. If you are looking for a new house or condo, I can also supply you with report as well. For this report go to http://www.enveloperealestate.com/Riverbend_Homes__Condos/page_2261603.html

For other neighbourhoods in LondonI am just a click away.

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

0 comments • Ty Lacroix • December 17 2009 11:56AM

Riverbend, an Executive, Prestigious Neighbourhood in London Ontario

Riverbend, an Executive, Prestigious Neighbourhood in London Ontario

This prestigious neighbourhood is located in South West London and has homes and condos starting from $250,000 to over a couple of million.

   Take Oxford Street West to Kains Road and see this neigbourhood with street names such as: Shore Road, Kirkpatrick Way, Tigerlily Rd, Jack Nash Drive and the beautiful gated Riverbend Golf Community.

   You are just 15 minutes or less to downtown London, great shopping and great nature trails, bike paths, golfing and more.

There are many private enclaves and home styles to match. For a discreet and current list of executive homes and condos for sale in Riverbend area or Riverbend Golf Community, let me know.

I know this area well, I know prices, and I know the quality of the homes and most importantly, can help you get settled.

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

0 comments • Ty Lacroix • November 28 2009 11:29AM