Why be flexible for buyers to see your home in London Ontario is important. Have you considered how and when buyers will see your home?

If possible, schedule showings in the same way that most homes in your area do. This may be by special appointment or by a lockbox system.

Remember that this will be the buyer’s first contact with your home, and it should set a positive tone.

  Make the buyer and their Realtor feel welcome.  Be as flexible on timing as possible.  The buyer may be viewing many homes over a large area.  (The average buyer sees 4-9 homes before making a decision)

  While having people traipsing through your place can be inconvenient or disruptive, keep in mind, that if a qualified buyer is willing to spend hundreds of thousands of dollars on your home, be flexible.

Why?

  Would you go elsewhere if you wanted to buy a car on a Thursday afternoon but one of the dealerships was closed? Or, are you in London with your family for the weekend only, and you cannot see some homes because the home seller is too busy or tired? ( True story: a $750,000 house, and the seller was too busy and had no time to keep the house tidy!) By the way, that house did sell eventually, one month later, for $709,900!

  I recall instances where the seller was hostile and demanded to know why we were 5 minutes late. Last weekend my clients and I got to a house that we had made an appointment to see (11:30 AM to 12), and we arrived at 11:55 AM. The man in the house ranted and raved that we were disrupting his day and yadda, yadda! We left, never even getting past the screen door. By the way, the house had been on the market for 51 days! Hmmmmm! I wonder why?

  Many people are reluctant to intrude or bother other people. Remember that the decision to buy a home can be emotional and stressful. You will most likely feel the same way when selling your home.

As a home seller, you do not have to go overboard, be flexible; that next buyer could be the one!

How organized are you before selling a London home? How important is:

• An inadequate or poorly written description of your property.

• No video or a poor one

• Floor plans?

• There may be errors in the taxes, what is included in the price, and the square footage. Double-check and double-check again!

Homebuyers and their Realtors search daily for specific neighbourhoods or something new when their excitement is usually at its highest! Please do not confuse or alienate them!

In most cases, home sellers do not know this is occurring. They may not know that potential buyers and their Realtors have bypassed the listing, disregarded it altogether, or are frustrated when they view your home or are pleasantly surprised!

Below are some reasons your home may not get the exposure and action you anticipated.

• The sign goes up, but the Listing Realtor has not turned the listing into the office yet, so the office has no record of the listing and does not know who the listing Realtor is. Buyers drive by; they call the office and get nowhere.

• The Realtor has not quickly loaded the listing to the Multiple Listing Service (MLS). Again, the buyer does not see it for a day or two, and their Realtor will not see it on their frequent search for new listings.

• The listing appears on MLS, but when the buyer and Realtor get there, the lockbox isn’t on yet; no keys are cut, etc. If you are not home, the buyers may reschedule to come out again if they have not bought anything.

• Your house listing is not yet on other websites, blogs, or social media sites. (Is that not important?) The latest data shows that buyers preview homes on the web 94% of the time BEFORE they go and look in person!

There’s More Before Selling a London Home!

•  The MLS listing has mistakes. Room sizes are wrong. Poor pictures or not enough pictures. (Last week, I showed good clients of mine a $839,000 house & they at first declined to see the property because of the poor or inadequate pictures. Their interest was piqued after seeing the house, but they did not make an offer.

•  The showing instructions indicate that the “call agent for appointment” should arrange showings, but the Realtor does not return the call or, if so, the next day. The buyer’s Realtor again calls to set a time and leaves a message or a page. The window for showing comes and goes, and the buyer cancels the appointment to see the property. Believe it or not, this can happen two or three times before they can finally get in!

•  The buyer and their Realtor show up at your door, and you did not know they were coming. Or, they show up at your door when you explicitly told the listing Realtor you did not want any showings. The buyer and Realtor leave or are uncomfortable if they do go through your house. All because someone did not notify you.

•  You do not get any feedback about the showings that have taken place.

• You do not know why you have not received an offer yet.

• You are unaware of whether there is anything you can do or change to help sell your home.

• The listing Realtor does not know either because they did not ask the showing Realtor for feedback.

• They have not recorded who looked at your home and their comments.

Oh No!

You may think that the above is rare, but it is not! Frustration mounts for a buyer, they and their Realtor think:

 “Am I going to get in”? “Is the home seller serious about selling?”

If buying a car, the salesperson said he/she would get the keys so you could take a test drive. Then never returned with the keys, you would finally move on to another dealership, wouldn’t you?

Your listing Realtor’s credibility transfers to you and your property. If the lack of credibility starts with showing the property, the buyer and their Realtor wonder what other problems they will encounter.

Listing with a Realtor with a reputation for being thorough will never harm you.

• Who has a strong web presence?

• Has a thorough, consistent follow-up system.

• Has the finances to see your property through to the final stages without getting pushy!

Ensure that:

• Keys are cut and stored in the secure Supra Lock Box (not a contractor box for $39.95).

• Listing brochures, presentation folders, or pertinent information is in place.

• The sign is installed with directional signs on every corner.

• The listing is active on MLS.

• Ensure the Realtor has a system for you to view comments and feedback about your house..

• Do they have a checklist that they share with you before your house even gets on the MLS?

Do not let others get in the way of selling your home. Why not make it easy and comfortable for buyers and their Realtors to see your home and make an offer? You are always in the loop, informed, and willing to sell your home.

In summary, the most critical time for selling a London home is BEFORE it goes on the MLS.

I should warn you before you read further that my comments about why some London Ontario apartment condos take longer to sell are based on frustration and exasperation. I do not imply that the events that occurred will happen again. (Can pigs fly?)

My clients were interested in downsizing from their 2-storey home and in seeing 2-bedroom units in this particular building, all within $35,000 of each other in price. 

We chose a Thursday for the viewings, so I made arrangements for showings on Tuesday morning. Five were listed for sale because we were interested in only this building.

One Realtor replied within an hour that the scheduled time would be fine. Another replied the following day, and one replied in the afternoon that it was okay to show the units. As I had not heard from the other two, I called their offices and used our appointment scheduler, Broker Bay. One called back immediately and said she was sorry; she forgot to confirm.

I never heard from the other realtor, and, even after three attempts. Three weeks later, this condo is still listed for sale.

Checking The Facts

The evening before the scheduled showings, I did some homework. I pulled up everything sold in the building over the last two years. Even called a past client (who had purchased from me years ago) in the building. I asked how happy she was and if she had any complaints. How the property manager was, and how solid the condo corporation was. Other pertinent questions that would enable me to inform my clients about the condo culture of this building.

I pulled up the city’s current unit taxes, and two out of five were accurate, as shown on the listing data form! I don’t mean by a few dollars; in one case, there was a $1732.00 difference!

The condo fees shown for all five units were $166.19 different! How can that be? Subsequently, after checking on things and talking to the property manager, I found that only one condo unit had an accurate, current condo fee. That was because the listing Realtor had a current status report ready.

Fair is fair, I thought. Mistakes happen, and I will include clauses if my client decides to submit an offer to verify all condo fees, taxes, and any other discrepancies.

The Day of Reckoning

On the day of the showings, I meet my clients in the lobby, where lockboxes hold the keys for entrance to the building and individual units. My day is not starting well. Nine lockboxes and only one with the unit number were identified. Opening up a few, some keys were tagged with the unit #, but some weren’t! My male client thought this was funny or laughed at me because I only have four pockets on my pants and could only keep track of 4. He also had four pockets, so he helped!

A couple of the units we saw were, as per the listing data, appliances, room sizes, and amenities. One unit was a disgrace, one unit, the occupant would not let us in (nobody told me you were coming, she said). Two units were out to lunch in the price.

We return to the lobby and play Russian roulette with the keys and lockboxes again! I say to my clients, “ Well, what do you think?” with a straight face.

Other than the usual comments like poor layout, overpriced compared to others, and condition of the units, my clients just kept shaking their heads and asking themselves, “Is this what they want to do or move here?”

The Outcome

They did not purchase anything that day. One week and two buildings later, they purchased a beautiful unit they liked. They know, and my past clients know why I work with just a few clients at a time. Preparing correctly before every showing because of a lack of faith in the listing data is time-consuming. It creates a bit of mistrust in the MLS listings for buyers.

Again, I want to reiterate that not all real estate agents were like some of the above. If you do list your condo, check weekly that the information on the listing is accurate. This will ease the buyer’s uncertainty and prevent you from having your condo sit on the market while others sell!

Note: I wrote this four years ago. Pigs still have not learned how to fly; I have had similar challenges twice this year.

More Tips When Selling a Condo in London Ontario

Nothing can be more frustrating for a buyer looking for London bungalow homes for sale or bungalow condos than searching through hundreds of listings to find one.

The popularity of bungalow homes in London, Ontario, and the area has increased immensely over the past few years as the demographics change, fewer stairs to manage, and in some cases, less to heat or cool.

Secondly, with London Ontario bungalow homes for sale in demand and in short supply, our experience is that our clients who see a new listing first get what they want!

We have attempted to show all the bungalows here; however, we are at the mercy of the data entered into the MLS system, so if you see the odd two-storey house or side or back split, don’t shoot the messenger!

Your emotions when buying a London Ontario home and controlling them will determine the price you pay and the home. Before buying a house or condo in London, Ontario, the single element determining how well you and your real estate representative negotiate your offer is…

How motivated are you and the seller?

If the house or condo has been on the market for two months, perhaps the seller isn’t motivated enough to sell. Or, the seller may be very motivated or fishing for a price! No money is left over when they pay off their mortgage and other debts!

If you’ve been transferred, have your home listed, and wish to downsize, or have another child on the way, your house is too small, your neighbourhood is a proctological pain, or you’ve had it with your landlord, you may be very motivated to buy!

Nevertheless, here’s a tip you must bring to any real estate transaction…

Avoid Emotional Attachment to the Home You’re Buying

If your heart is racing about the home and you can’t hold back your emotions when thinking about the home, then you won’t do well when negotiating the purchase price. In some cases, money may not be the issue; it could be the layout, neighbourhood, or perceived lifestyle.

What’s the single best piece of information you can have?

Other than my phone number, it includes comparable sales and market data for the entire market and the area, as well as the assessed values for five houses on each side of the house and ten across the street.

 Why?

• Look at the currently active (for sale) listings in the area.  Was the house you’re considering priced within the range of other homes?   If so, you know you’re at a reasonable starting point.

• Now, look at the average selling price compared to the listing price.  You may notice that most houses in London sell for the asking price or a bit more than the asking price.  If that’s the case, you know the original offers were less than this amount.  Take this into consideration when making your offer.

• Now, make sure you visit several other listings in the area.  How does your choice compare to the others on the market?  Is the home you’re considering in a similar shape?   Is it bigger, smaller, a better style, landscaping, etc.?  These factors will help you determine how much you should pay for your home vs. how much others paid for similar homes in the neighbourhood.

• Now, look at the average market times for listings in the area.  If they’re long (evaluated on a market-by-market basis), the market may be soft, and you might have more negotiating room with your offer.

• What is the percentage difference between assessed values and market price?

You’re now ready to make your offer and negotiate buying a home. This is where strategies come into play and are one of the most essential steps in the buying process. Most either overpay or do not get the home they want because of poor negotiating, or upset everyone, or lose lots of sleep!

Four home seller realty checks exist before listing your London, Ontario home. You most likely have researched prices and a sense of what your house or condo should sell for, or have asked a Realtor or two.

What your home should and will sell for depends on the following:

•1.       Understand that your asking price will define the expectations and limit the number of buyers who see your home.  An unreasonably high asking price will create unreasonable expectations from buyers.

•2.       Understand that there is a finite number of buyers who may want to see your home.  Every appointment request you refuse or delay responding to will significantly limit your Realtor’s chance of receiving an offer and increase the time needed to sell your home.

•3.       Understand that every day your home is on the market is a day closer to a price reduction and failure to sell.  Housing data indicates that your home has a higher market value today than it will at any time during the duration of the listing agreement.

•4.     Understand that buyers typically view between four and 12 homes.  Your home needs to be in the first place to get them to make an offer.  You will not get a decent offer if the price, condition, and presentation are not number one.

When people think of a condominium status certificate, they believe it concerns the amount of money in the reserve fund. The myth that has grown around this is that a condo corporation with a large sum of money is in better shape than a condominium with a much smaller sum.

When buying a condo, a status certificate contains information regarding the condominium corporation’s operational, legal, and economic stability.

The property manager is asked to provide a condo status certificate upon request from you, your lawyer, or your realtor. The property manager is allowed up to ten days to deliver the Status Certificate to the requester. The cost is generally around $100 to $150.00.

When I list a condo for sale, I pre-order and pay for a status report.

• The condo owner and I are aware of any issues or warning signs.

• I can answer buyers’ questions accurately.

• I speed up the offer by providing the status report to the other Realtor and their lawyer.

The bylaws and rules of the condominium corporation most directly affect owners’ enjoyment. The bylaws explain to owners how a building, townhouse, or townhome is run on a general level.

The Condominium Authority of Ontario has great articles that I highly recommend you read when purchasing a condo in Ontario.

This Condo Buyers Guide Has Further Tips and Ideas

Contrary to popular belief, when selling a home in London Ontario, value is determined by only one thing. What a qualified buyer is willing to pay: no more and no less.

So, how important is the price? Everything!

Who Controls The Real Estate Market in London Ontario?

Many homeowners think their house or condo has an insurance replacement, appraised, or tax-assessed value. Unless your insurance agent, banker, or appraiser is willing to write you a cheque, guess what? It means diddly squat!

A home without a buyer has no value in the marketplace.

So here is the ingredient to pricing your home to sell. What a reasonable buyer thinks it's worth will ultimately determine the price your home will sell for.

You may think, “Hey, wait, if I left it up to a buyer, they would pay me as little as possible”! True, they would. But in the real world, a knowledgeable buyer knows that you, the seller, have no obligation to sell your home at any price. To purchase your home, the buyer must make you an offer you can’t or won’t refuse.

One that will motivate you to pack up all that ‘stuff’ you haven’t used in years. Hire a local mover, and wave goodbye.

But here lies the trap many fall into (I did once): the mistaken idea that we can hold out for an inflated price and eventually the market will come to us.

Wrong!

Buyers are not obligated to buy any particular home. No amount of marketing, open houses, websites, praying, wishing, dreaming, or deceiving yourself can motivate a buyer to purchase an overpriced home.

Why?

They can buy somewhere else for less or wait! This reveals one of the essential considerations in pricing your home: price vs. time.

Understanding Price VS Time

What is more important, price or time? 

Price and time control every seller’s decision to sell and every motivated buyer’s decision to complete a purchase. For sellers, this boils down to the need to sell within a set time frame or hold out for the best possible price. For buyers, buying within a set time frame or purchasing a home for the lowest possible price is necessary.

A seller who wants to sell for top dollar should be prepared to potentially wait longer for a buyer willing to pay a premium price. Conversely, a seller who needs to sell quickly and doesn’t have time to wait should expect to discount their price somewhat because of their limited time to expose their home to the market.

What’s the difference? Timing!

Buyers are in the same boat. A buyer shopping for a home over a long period can probably wait for a bargain, or wait and wait and wait.. Another buyer who must buy a home in the next few weeks will probably be willing to pay a premium. Again, it boils down to price vs. time. So you might ask yourself what your highest priority is—selling quickly or selling for a higher price?

When I ask my clients this question, they often smile coyly and answer: I want both! 

Some homeowners will attempt to entrust their realtor to get the highest price and a quick sale. The result can be summed up in one word—frustration. Why? No matter how much a seller blames, ignores reality, or finds fault, Realtors don’t walk on water!

This is why successful sellers understand that while a Realtor’s responsibility is to provide marketing, expert advice, and negotiating services, they don’t own the property. They don’t make the final decisions on pricing. The seller does, and ultimately, the seller’s asking price will largely determine how slowly or quickly the home will sell.

To frame this discussion differently, consider what you will do at the end of your two- to three-month listing period, when the home has not yet sold. Are you more likely to give it more time or adjust your price at that point? Or, get another Realtor?

Does it work?

Sometimes, it does, but often, sellers end up three months later in the same slow boat to nowhere. Successful sellers take ownership of pricing decisions by clearly deciding whether selling quickly or for top dollar is more important to them.

Successful sellers have learned that to price their home accurately means they need to think like a buyer; they need to get inside a buyer’s skin and look at the world through the buyer’s eyes. For instance, imagine for a minute that you are moving to another area of the country, to an unfamiliar city. What would be your first step if you were faced with buying a home in a strange town?

Most buyers would probably start online by viewing website listings to get a general feel for local home prices. Next, narrow your search to a specific community or neighbourhood by comparing utility costs, school reports, and crime statistics with other online tools. Feeling good about your findings, you might venture into the real world to begin viewing homes in person.

The average buyer looks at nine to fourteen homes over eight weeks with the assistance of a real estate professional. By the end, most buyers become so knowledgeable about the market that by the last showing, they can guess, with reasonable accuracy, each home listing price before the Realtor can even tell them.

So what happened here? As a buyer, from a blank slate with no impression of the market, to being able to predict listing prices. It is a big leap, sure, but this description is exactly what most buyers experience. However, this is only the build-up; the next step for buyers who have found their dream home is to review a comparative market analysis.

A What?

A Comparative Market Analysis is a report that compares a specific home with other homes within a particular neighbourhood. This analysis then provides the subject property’s anticipated sales price or price range.

Although not formally called an appraisal, the report provides a similar function by giving home buyers and sellers a clear understanding of the market data that might affect their opinion of value.

It is frustrating to me (and most real estate professionals) that some buyers feel that home sellers are desperate. They make lowball offers or unreasonable conditions. Most of these buyers are getting advice from television shows. Or, “How to Make a Zillion Dollars in Real Estate in 30 Days” books. No money down gurus or Joe at work who buys houses on the side and is making a fortune. (Why is Joe still working?)

London Ontario Home Seller’s Guide

Sell Your Home Quicker and For More

Get it now!

London Ontario Condo Seller Guide

Sell Your townhouse or apartment condo quicker and for more

learn how now!

There are many turn-offs for home buyers when selling a home in London, Ontario; here are 5.

1. ODOURS …Overwhelmingly, the #1 complaint among buyers was unpleasant odours in the home.  Chief offenders were smoke, pet odours, and exotic cooking aromas.  Most of us are unaware of our homes ‘peculiar’ odours because we become immune to the smells – the buyers are not resistant to these same odours.

 2. CLEANLINESS...This # 2 complaint was that the seller should have cleaned.  We’re not talking about home staging or even unrealistic expectations of spotless homes – just simple old-fashioned cleaning.  Selling your home can be inconvenient, but when you have advance notice that a buyer is coming to view your home – clean it up!!!  At the very least, remove the dirty dishes from the sink.

3. SELLER Being at Home…Coming in at #3 is having the owners at home while the buyers are trying to view it. Most buyers felt very uncomfortable with the seller there. Many said they could not take the time to look at the home’s features because they were in such a hurry to get away from the seller.

 4. CLUTTER…The #4 complaint is related to the cleanliness point – the dreaded clutter.  We have all seen it on the home shows; many buyers have difficulty understanding your home because of all your stuff.

5.  UNFINISHED PROJECTS...Unfinished projects take the #5 spot.  If you plan on selling your home, finish any ongoing home improvement projects before placing it on the market.  Homes with half-finished painting, flooring, trim, etc., gave buyers a wrong overall impression.

London Home Seller’s Guide to Moneymaking Fix-Ups

All the above may seem obvious and common sense, and though I have exaggerated a few points here, after showing thousands of homes in my career, it is the little things that matter!

Each year thousands of homeowners needlessly lose thousands of dollars when selling their homes.  But they don’t lose the money for reasons you might think. They lose money because they unknowingly left it on the table, for the buyer to pocket, by failing to recognize their home’s hidden profit potential.

Everyone has an opinion about the real estate market in London Ontario. There are the so-called gurus, economists, real estate appraisers, mortgage providers, Realtors, your dry cleaners, Uncle Bob, and the ever-present ‘they’!

How can you accurately tell what the real estate market in London, Ontario, is like now?

Most think the price sold or asked is an indicator; unfortunately, it’s not the best way to risk your hard-earned money! Or on interest rates or a time of the year.

Here are two indicators that correctly show the real estate market’s current state, not its future or potential.

Months of Inventory:

Months of Inventory quantifies the relationship between supply and demand. It is calculated by dividing the number of active home listings at each month’s end by the total number of home sales completed that month.

For example, if 100 active listings are available and 10 homes sold in the most recent month. Buyers can choose from approximately ten months of housing inventory. A healthy, balanced market will have 5 to 7 months of real estate inventory. Less than five months is a seller’s market, and more than five is a buyer’s market.

As of April 3, 2025, London, Ontario, and the area had 4.8 months of inventory (houses and condos for sale).

Absorption Rate:

The absorption rate measures supply and demand. Take the number of homes sold in a month and divide it by the number on the market. You will have a percentage that determines how quickly homes sell. An absorption rate greater than 20% is a seller’s market. An absorption rate below 15% is a buyer’s market.

As of April 9, 2025, our London St. Thomas Association of Realtors (LSTAR) reported 2066 active listings. So, take 508 homes sold divided by 2066 and get an absorption rate of 25%, a buyers’ market.

The facts and only the facts.

We humans tend to make choices emotionally!

Getting back to who do you believe, I end this blog with a Mark Twain quote. “The difference between fiction and reality is that we expect fiction to make sense!”

Note: Caveats:

Absorption rates and inventory rates are practical measurements of the London Ontario real estate market, but practicality is useless when the observing eye knows more than the perceiving eye!

Example 1

“Ty, if a place ever comes up on _________________ street, let us know.” I did. The house was immaculate and $127,000 higher in price than any of the recent sales in the neighbourhood. We put in an offer, and two others did as well. Regardless, my client got it, and we paid over the asking price. It was ideal for their lifestyle and comfort zone.

We listed their home in an area with four comparable properties and a $76,000 price difference between them. My client’s home sold in five days for full price.

Now, I could write that my skills and experience made it happen, but that would be b.s. My clients knew what they wanted, did not care what the market was or would be and acted with conviction. I was along for the ride!

Example 2

Three townhouses in an enclave of townhouses are almost identical in size, quality, and layout, and they have three prices: $590,000, $625,000, and $665,000. Guess which one sold? Guess which two are still on the market?

My Point?

Regardless of the market, everything will sell. It all comes down to perception and reality; eventually, one will rule!

Welcome to this Byron London Ontario Real Estate page. I have included a brief view of Byron’s amenities and a breakdown of what houses and condos sold for over the years.

As of April 4, 2025, 55 houses had sold in Byron London, averaging 39 days on the market. Four apartment condos sold, averaging 76 days on the market; five townhouses and townhomes sold, averaging 17 days on the market.

The above is one section of Byron London, in our MLS system, stated as South B,

South B and South K cover the Byron neighbourhood. The commercial heart of the neighbourhood is located at Commissioners and Boler, featuring a commercial corridor and a grocery store-anchored shopping plaza.

The Byron core has:

• a library,

• a fire hall,

• a legion,

• a Masonic hall,

• restaurants and dining,

• professional offices,

• medical and drugstores,

• an LCBO,

• jewellers, dry cleaners, and a few eclectic retailers.

Here is a link to Byron South B, with the demographics, household types, schools, recreation, and just about everything you may want to know about a neighbourhood.

There is another commercial area at the intersection of Boler and Byron Baseline.

This part of Byron (South K) primarily consists of detached homes. Its population has remained consistent, with 26% of households moving within the past 5 years and 8% moving within the past year. The area is mainly owner-occupied and has a mix of older and newer homes.

People & Families in South K

 Boler Mountain is a ski and mountain bike area known to the locals as “the bump.” 

Experience the area’s natural beauty with various walking and biking trails. Springbank Park is 300 acres along a stretch of the Thames River with 19-plus miles of trails. Nearby are Komoka Provincial Park and the Warbler Woods Trail. 

All The Houses For Sale In Byron London Ontario on MLS
All Townhouses and Townhomes For Sale in Byron London Ontario
All Apartment Condos For Sale in Byron London Ontario

The 2024 Byron London Ontario Real Estate Market

Byron London Ontario Real Estate Market Data from MLS London St.Thomas Association of Realtors (LSTAR)

Previous Years Byron London Ontario Real Estate Market Sold Prices

Sold is a great four-letter word for Byron London, Ontario Home Sellers

Byron London Ontario Real Estate Market Data from MLS London St.Thomas Association of Realtors (LSTAR)

2022

• In 2022, 180 houses in Byron London were sold through MLS. The average days they were on the market before selling was sixteen, up eight days from Spring 2022. These 180 houses in Byron sold for 109.25% of the asking price, ranging from $490,000 to $3,450,000. Eighteen apartment condos were sold, and the average days on the market were eleven. The average sold prices were 108.98 % of the asking price, with the sold prices ranging from $299,000 to $1,211,000. Forty-five townhouses or townhomes sold within 15 days on the market. The sold prices ranged from $439,000 to $980,000, an average of 110.15% of the asking price!

2021

•   In 2021, 207 houses in Byron London Ontario, were sold through MLS. Averaging 12 days on the market and selling for 112.93% of the asking price. The low was $480,000, and the highest was $2,125,000! Twenty-two apartment condos in Byron exchanged hands, averaging 26 days on the market. These sold for at 100.77% of the asking price. The low was $375,000, and the high was $835,000. The median price per square foot was $408.00. Sixty-three townhouse condos & townhomes sold through MLS, averaging eight days on the market. These sold for 113.23% of the asking price—the low from $341,000 up to $811,000.

2020

• In 2020,  322 Byron houses and condos were sold through MLS. 239 houses sold, with the median days on the market being eight and selling at 103.69% of the asking price. The sold prices varied from a low of $380,000 to a high of $1,650,000. Eighty-three condominiums sold in Byron, ranging from $225,000 to $930,000. These were 12 days on the market, and the median prices were 101.7% of the asking price!

2019

• In 2019, 234 houses in Byron London, Ontario, sold from a low of $270,000 to $1.094,000. The median days on the market were 12, and the sold prices were 100% of the asking price! For townhouses, townhomes, and apartments in Byron, 77 sold from a low of $177,500 up to $640,000. The median selling price for condos in Byron was 102.35% of the asking price. These condos took an average of nine days to sell!

2018

•   In 2018, 215 houses sold in Byron London, Ontario, for an average of $381,454- $103.22% of the asking price! These Byron houses took, on average, 22 days to change hands. 61 Condominiums, including apartment condominiums, townhouses, and townhomes, sold for 105.46% of the asking price. The days to sell through MLS were 16, for an average selling price of $338,839!

  The Optimist Club of Byron is an excellent example of community volunteers.

Ty Lacroix Broker Envelope Real Estate Group

Testimonial About What Our Clients Say About Envelope Real Estate Group

Disclosure:

• I am a Broker Realtor in London, Ontario

• While stats are valuable, you would be wise not to base any financial decision on them alone. What sold yesterday or six months ago on your street or community is history and can not be changed.

• The motivation of the buyer or seller two months ago to make a decision you cannot change.

When preparing to sell your home in London Ontario, Here Are Some Things To Avoid!

• Don’t over-stage. Clear rooms of anything that doesn’t add value and keep the things that add interest without taking away from the house. Honestly, this comes with time and practice. You innately know what feels right. You’re a homebuyer, too, so you will know when the room feels good. And the right buyer will, too!

• Don’t go overboard with repairs or home staging: Big renovation projects should be left for the new homeowner after the sale. Most new homeowners want to tackle those projects to make their homes their own. So, there’s no need to do anything more than spruce up before selling the house. The simple fixes in this article are more than enough to sell the home quickly. 

• Don’t go crazy with themes: Avoid extravagant bedroom themes when getting your listing show-ready. Let potential buyers see themselves in the room, not you. If the wall is painted in multiple colours, it’s best to repaint it with a single solid colour instead.

1. Start With the Curb Appeal

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Here’s one of the home staging tips we’ll mention repeatedly. If your property listing’s exterior isn’t nice enough to engage buyers, they’ll never see the work you put on the interior. So, improve your curb appeal and entice them to come inside with a groomed landscape that sells. Do the obvious things like mowing the lawn and edging around sidewalks and the driveway. Add some seasonal shrubs or flower beds to give your listing a colour. Trim any hedges and trees to make everything look crisp and well-kept.

2. Make Rooms Feel Larger

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Add height to any room with window drapes and panels that extend from the ceiling to the floor, not just over the actual windows. Find some decorative curtain rods and hang them high, just below the ceiling, and add sheer or blackout drape panels that extend to the floor. This way, the room will feel more spacious as the eyes are drawn towards the ceiling.

Use Mirrors or Reflective Art

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Placing a mirror on a mantle or leaning against a wall instantly adds light and depth to any room. Mirrors can also be affordable statement pieces that transform a blank wall into a stylish one. Of course, choose a mirror that complements the furniture.

4. Eliminate Clutter, Not the Personality

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When decluttering before showings, it’s essential to strike a balance. Keep the property’s personality while removing excessive clutter that makes the home feel claustrophobic. Toss that stack of boxes on the dining room table. But don’t go overboard—keep a few personal touches, like a sofa blanket or throws.

5. Invest in High-end Accessories for the Kitchen

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Here’s one of the best house staging tips you should consider. A few high-end kitchen decor pieces can go a long way in helping build the fantasy that people with good taste (and lots of disposable income) would love in the home. Remember that they don’t have to be super-high quality and expensive—they only have to look high quality and costly. Grab some beautiful oil and vinegar decanters, a classy utensil holder from Le Creuset, or a Polish pottery dish for fresh fruit.

6. Use Large Potted Plants to Fill in Empty Spaces

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Potted plants do more than clean the air. They are also perfect for filling in empty spaces in the home when you don’t have enough furniture. Plants give a room character and warmth. You don’t need a lot of big furniture pieces if you have some well-placed greenery to accent the items you have.

7. Paint the Walls With Muted Colors & Let the Furniture Pop

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Paint with softer, muted colours to avoid bad real estate photos and let the furniture pop. Our team of agents loves recommending Sherwin Williams’ Agreeable Gray, a warm colour. Think of your listing’s walls as a blank canvas for future homeowners. Treat accent walls the same way—keep the colours neutral and soft.

8. Use Art & Coffee Table Books to Build the Fantasy

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There is an excellent reason why almost every high-end home is staged with oversized art, fashion books, and incredible art pieces. They help build the fantasy that people looking at the home imagine for themselves. Find coffee table books at used bookstores or even your local thrift store. It doesn’t have to be expensive to look great in your staged home.

9. Repaint Cabinets & Replace Drawer Pulls in the Kitchen

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If you’re working with a dated kitchen, a fresh coat of paint can bring it into the 21st century on a budget. Even if you don’t want to tackle the project, hiring a professional to spray them will still be a fraction of the cost of replacing them. While discussing kitchen cabinets, consider replacing the handles and drawer pulls. It may seem simple, but potential buyers will notice. Replacing old, worn, or dated hardware with new modern pulls will make the kitchen feel fancy.

10. Accessorize the Bathroom

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While you might want kitchen counters to be clear, an empty bathroom can look cold and feel more like a hospital room. Accessories like plants, candles, or high-end soap bottles can quickly add warmth and life to a bathroom, creating a mini oasis that feels cozy and relaxing.

11. Go Gender-neutral When Staging Children’s Bedrooms

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Whenever you stage a child’s bedroom, ensure the furniture and decor you choose are gender-neutral. You cannot know the gender of your buyer’s children, so creating a typical boy’s or girl’s room can kill their fantasy. Instead, they should immediately be able to imagine their child being happy in the room.

12. Refinish Damaged or Heavily Worn Hardwood Floors

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Refinishing hardwood flooring or sprucing up luxury vinyl plank is an easy and affordable way to upgrade a home. You’ll be surprised at the instant makeover from a quick refinish of the floors. After all, your client could have the most beautiful furniture in the world, but the entire room will feel cheap if the floors are scuffed up and dirty.

13. Stage the Home’s Front Entrance

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Staging the front entrance is crucial since the front door will be buyers’ first impression when they leave the car. You don’t have to go overboard here, either. A sconce lighting, a few potted plants, a chair, or a cafe table can make a front entrance much more inviting.

14. Remove Signs of Pets

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While it’s great to paint your property as a pet-friendly space, you should know that not everyone is okay with having pets. Some potential buyers may have allergies or sensitivities to fur and pet odours. So, when home staging, remove any signs of pets—odour, toys, pet beds, and litter boxes. Ensure any lingering pet odours are neutralized with a deep cleaning solution.

The above was written by:

Julia Del Rosario