There were 11 homes that changed hands in Kilworth, a few kilometres west of London Ontario from January 1, 2013 to May 25, 2013.
The average selling price of these homes were $385,961 and they sold for an average of 97% of the asking price and those that sold, were on the market for 42 days.
More and more people are looking at Kilworth as a great place to live because of the small village atmosphere, yet a few minutes to London. If you have not been to Kilworth lately, you may be surprised!
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Admiral Park, London
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We invite everyone to visit our open house at 921 Railton Avenue on
May 26
from 2:00 AM to 4:00 AM.
Property information
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Westmount, London
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We invite everyone to visit our open house at 110 Pine Valley Drive on
May 18
from 2:00 PM to 4:00 PM.
Property information
My brother and sister in law just had their home destroyed by a plumber who did not properly repair a toilet fixture in their upstairs bathroom. When they came home one afternoon from work, their upstairs had caved into the main floor! Extensive water damage and in turn, mould etc.7 months later, 3 insurance companies involved, their house totally gutted and them living in rented quaters, no start has been made to restore the historic home! They are frustrated, hurt and may have to seek a remedy from the courts!
Hence, this article I hope may give you cause to rethink your inurer and coverage.
Over 70 percent of homes in Canada are underinsured. And, of those homes, 70 percent are underinsured by at least 30 percent. This is a major problem! The confusion between market value and replacement value is where many of these problems originate. Many people base their insurance coverage on the market value of their home. Market value is what a buyer will pay for your property, but this is irrelevant if your home is destroyed. What you should really be basing your coverage on is replacement value. This is much more complicated to compute.
When computing replacement value you must figure in all of the costs of rebuilding your home. This is often 20-30 percent more than new construction because of the added demolition and removal costs. Once the land has been cleared, you will need to add the cost of actually building your home by multiplying the square footage by the average cost per square foot.
You can find out average square footage costs from your local builder’s association or builder’s union. Then, you need to add in additional money for upgrades and improvements that you have made. Also, check your local building codes because changes in codes since your original home was built can cost a bundle when rebuilding. In some cases, it may cost even more to rebuild your home than the market value. 
This is often the case in run-down areas where land values have fallen. In any case, don’t just base your homeowner’s coverage on the lender’s requirements. These often only cover the mortgage balance leaving you with nothing.
If you are thinking of selling or buying soon, or, want to know what your home is worth for insurance coverage, and require competent and caring representation, call me at 519-435-1600.
Wow Factor Plus!!!
• 1 bath, 2 bdrm apartment
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MLS®
$120,900
- Everything Is New!!!
Pond Mills, London
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How do you spell NEW? I spell it EVERYTHING! New floors, both ceramic and wall to wall Berber! New Kitchen – cupboards, counter tops, appliances, ceramic flooring.
New bathroom tub, toilet, vanity, ceramics! New colonial style doors throughout! New baseboards! New crown molding! New paint! New light fixtures! New wall switches! New receptacles! New door knobs!
To all of this NEW you can add a fantastic and convenient ground floor location with a nice patio for your relaxing BBQ’s after your dip in the pool.
Need more? Close to shopping, LTC stops, St. Joe’s, highway access.
WOW factor plus!
Property information
The home inspection: an often critical component that can
make or break a closing. Many first-time buyers don’t know what to expect
during a home inspection. As a result, they may be nervous or anxious. On the
other hand, they may not see or understand the value of a home inspection,
putting them at risk for buying a property with serious deficiencies.
We at Envelope
Real Estate like to educate our buyers about what to expect during the
inspection phase and is a valuable service that prepares our clients for the
potential “surprises” ahead and sets us apart from less hands-on agents. Here
are 6 frequently asked questions about home inspections. We like to talk
through these topics with our buyers once they’ve made an offer – or even
before – for smoother sailing.
Why do you need a home inspection?
Buying a home is probably one of most expensive purchases
you will ever make. To know that you are making a good decision, you need to
learn as much about the house as possible. A home inspection with a trained
inspector will reveal any safety issues and major or minor defects on the
property. The inspector will check the condition of the home in areas you may
not be able to see or easily access, like the roof.
What is a home inspection clause?
The home inspection clause protects buyers like you by
giving you the right to cancel the sales offer to purchase without forfeiting
your deposit. If the home inspector finds a problem or problems with the
property, you can absolutely back out of the sale. Or you can present the home
inspection findings to the seller and request repairs or a cash credit before
closing.
How much does a home inspection usually cost?
Home inspection prices can vary by inspector and by region,
but expect to spend several hundred dollars. Since this is your only
opportunity before closing to identify any problems, this is not the time to
skimp on costs or look for a “bargain” inspector. You want to make sure you
hire a thorough, reputable inspector.
Who do we recommend?
We have a list of list of inspectors we’ve used in the past.
as well, a few never to use!
Will we be there during the home inspection?
Yes, as indicated by the buyer services we
discussed when we started working together, I provide a high level of
customer service and will be there for the home inspection. You should try to
be present, too. The inspector will take photos and provide a detailed summary
report, but you should not miss the opportunity to be there and ask questions.
The inspector can point out which small repairs you can do yourself and which
larger problems may require a specialist. Some inspectors will also offer home
maintenance tips as they discover areas that are in good condition now but may
need attention in the future.
After the home inspection, what are the next steps?
Depending on the home inspection findings, we will proceed
with the sale as is, negotiate for a better price, request repairs or choose to
back out of the sale.
No home is perfect. Every home will have at least minor
issues revealed during a home inspection – even new construction. As their real
estate agent, we are happy to offer advice based on our previous
experience, but choosing whether or not to proceed with the sale after the home
inspection is ultimately your decision.
Four Large Bedrooms
• 2 bath, 4 bdrm townhouse
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MLS®
$127,900
- Priced To Sell
Westminster, Pond Mills
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Affordable condo with 4 bedrooms and 2 bathrooms! Great area. Conveniently located near schools and shopping. Hardwood flooring on main and second floor. Rare inside entry garage. New vinyl floors in entrance and kitchen. Fully insulated high and dry basement waiting for your touches. Notice the bigger bedrooms & water included in condo fee! Make this your new home today.
Property information
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Westmount, London
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We invite everyone to visit our open house at 110 Pine Valley Drive on
May 18
from 2:00 PM to 4:00 PM.
Property information
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Merwin Heights, London
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We invite everyone to visit our open house at 227 McNay Street on
May 12
from 2:00 PM to 4:00 PM.
Property information
Blackfriars, London
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This small cozy bungalow at 110 Wilson Ave in London Ontario has been sold, and in less than 10 days!
Property information
Great Starter!
• 1 bath, 3 bdrm 1 1/2 story
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MLS®
$99,900
- Priced To Sell
Shedden, Southwold
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Great starter home in the quiet village of Shedden. 3BR home needs a little TLC and has great potential. Large lot. Amenities include Bank, grocery store, library, vet. clinic, medical facilities, fair grounds. 20 mins to London. Come experience the quiet country living!
Property information
Westmount Beauty
• 3 bath, 4 bdrm 2 story "$81,000+ in upgrades"
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MLS®
$339,000
- Superior Value
Westmount, London
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Pride of true ownership is quite obvious in this two storey home in toney Westmount.
Over $81,000 in upgrades to this 4 bedroom, 3 bathroom home with a double car garage such as roof 2001, windows, doors & garage door 2007, ensuite bathroom 2011, Furnace,A/C, humidifier, electronic air filter 2011, inground sprinkler system and on it goes.
With a formal living room with a bay window, separate dining room, eat in kitchen w/beautiful oak cabinets, open concept family room with a real wood fireplace, main floor laundry, hardwood/laminate floors, finished basement w/ work shop, games room & family room and a huge master w/ walk in closet and ensuite.
An eye appealing fenced back yard, awesome gardens , even room for a pool with a large deck with privacy.
This home has been well cared for by long time owners and is ready for you to just move in. Oh and by the way, great schools, shopping, churches all near by.No viewings until 11AM Wed May 8
Property information
If you visit Port Stanley, like the sandy beach and some of the quaint lifestyle available, have you thought about a condo? No maintenance, just bring your towels! If you go here you will find where the condos are and some great photos of the area,
After that, it's just a call and we can start your move to Port Stanley for some summer leisure.
This property will go fast!!
• 1 bath, 1 bdrm single story
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MLS®
$750.00
Monthly
- Look At This Price!!!
Blackfriars, London
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Residential - Nice 1+ Bedroom apartment for lease. Recently updated laminate flooring and bath. Large, private, fenced backyard with mature trees for your summer entertaining. Large loft overlooking the kitchen area. Full basement for storage. Four appliances included. Great Blackfriars location on bus route to UWO. Close to downtown and all of it`s amenities
Property information
Byron, London
-This home on 2acres at 1452 Byron Baseline Road W was sold by Ty Lacroix. Watch over the next few years to see some changes!
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