I went for a house showing appointment with my buyer client in Aurora. From 10 years old, Semi-detached to detached bungalow built 50 years ago.
8X, Hill Dr. Aurora, (Year Built 1971 detached Backsplit 3 at Aurora Heights)
2x Banff Dr, Aurora (Year Built 1970 detached Bungalow at Aurora Heights)
14X Heathwood Heights Dr ( Year Built 1984, detached two storeys)
7x Millcliff Circ (Year Built 2001, Freehold Townhouse at Aurora Grove)
4x Wallwark St (Year Built 2009, Semi-detached at Bayview Northeast) Click the link to see the details of the homes. Comment “YES” to receive the updated information on these properties. The house asking price is from $779K to $1,299,000. The Semi and townhouse got tons of visitors (agent showing), and the 4X wallwark St semi eventually got 14 offers from the buyers. It was on the market for only 5 days. Its asking price is $989,000. One of the 3 bedrooms semi-detached house on the same street was SOLD $1,025,000 in April. What do you think this four bedroom semi will be sold for?
What I am trying to say is, the buyer’s demand is still strong. Good properties still SOLD fast and the bidding war is still there.
Homebuyers, you are not only competing with home buyers. And first-time home buyers, you are facing the most significant challenge and competitors.
Flippers are looking to buy properties like #1 and #2. After renovating the house, the market value can be $1.15M or more.
Investors are looking to buy rental properties. They buy – rent out, and hold the properties for a good long-term profit.
Condo owners are looking to sell the condo and move to freehold homes.
There are also downsizes sold their large homes and looking to buy smaller-sized homes.
What stage do you belong to?
Are you looking for a realtor to work for you? Could you message me, and let’s chat?