Aurora house snubbed in lockdown gets three bids in seller’s market

Aurora house snubbed in lockdown gets three bids in seller’s market

Keller Williams Referred Urban Realty

48 Kennedy St., E., Aurora, Ont.

Inquiring selling price: $2,850,000 (February, 2022)

Earlier asking rate: $2.78-million (October, 2020) $2.78-million (September, 2020) $2.88-million (August, 2020) *under prior brokerage

Offering value: $3.1-million (February, 2022)

Taxes: $13,000 (2021)

Times on the industry: 8

Listing agent: Andrew Ipekian, Keller Williams Referred Urban Realty

The motion

The home has a mixed kitchen and relatives place with a hearth under 10-foot ceilings.Keller Williams Referred City Realty

This 5-bedroom household in Aurora, 50 kilometres north of Toronto, was outlined 3 times during the second wave of the pandemic, with no achievements. Just above a yr afterwards, a diverse agent spent numerous months operating on the household to greatly enhance its physical appearance and managed not only to drum up its 1st gives, but sell it for $250,000 about asking.

“The extended you have to function on a residence – regardless of whether it’s staging, painting, photography or advertising – the more substantial and improved the splash you can do when you strike the current market,” agent Andrew Ipekian said.

“We experienced a sneak peek with a couple shots for brokers and individuals wanting in the location to say this was coming before long to the marketplace, so no one goes to get yet another property.”

Updates to the residence and absence of competing homes close by resulted in a few bids. “It experienced a lot of action, 50 % of it was since of how wonderful the house was, and the other fifty percent was great timing,” Mr. Ipekian mentioned.

What they received

A wall of glass doors open to a protected deck with designed-in heaters and a incredibly hot tub.Keller Williams Referred City Realty

This approximately 3-calendar year-old home on a 50-by-150-foot lot has a bed room, workplace and dining home on the major floor, alongside with a blended kitchen area and family home with a fireplace beneath 10-foot ceilings. A wall of glass doors open up to a included deck with constructed-in heaters and a incredibly hot tub.

The household also has a absolutely finished reduce level with heated floors, a sauna, immediate entry to the a few-automobile garage and a roughed-in elevator.

The agent’s acquire

Upgrades to the dwelling and lack of competing alternatives nearby resulted in three bids.Keller Williams Referred Urban Realty

“There aren’t that lots of more recent builds in that space, so it was a excellent opportunity to get something central, just off Yonge [Street], but nevertheless have a pleasant massive residence,” Mr. Ipekian reported.

“And it experienced five fridges – two entire sized, a wine fridge that held around 100 bottles, a bar fridge and a further bar fridge in the basement – so it was a fantastic entertainer’s residence.”

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