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Property Description
RAVINE WOODED LOT close to park and down the street from new state of the art public school! The SAPPHIRE model with 2695 sq feet of Luxury finished area on a HUGE walk out pie shaped lot. Ideal for future basement apartment. Very rare and just a handful available! JACKSON MEADOWS, southeast London's newest area. Fully furnished model home available to view. Quality built by Vander Wielen Design & Build Inc. & packed with luxury features! Hardwood flooring, 9 ft ceilings on the main, deluxe "island" style kitchen, 3 full baths upstairs including a 5 pc luxury ensuite with tempered glass shower and soaker tub, second ensuite in front bedroom and 2nd floor laundry. The kitchen features a separate pantry room and massive centre island! Open concept great room with fireplace! Jackson Meadows boasts landscaped parks, walking trails, tranquil ponds making it an ideal place to call home. NOTE: NEW $28.2 million dollar state of the art public school just announced for Jackson Meadows with 655 seats and will include a 5 room childcare centre for 2026 school year. OPTION to build a Full legal basement apartment WITH SEPARATE ENTRANCE. Come out and see Jackson Meadows! SIX (6) beautiful treed ravine lots still left to build on. Select your lot today and build your dream home. NOTE: PHOTOS in this listing show the model home which has options and upgrades not included in purchase price. Lower level photos show optional basement apartment. This home is to be built.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
40' x 119'
Fronting
North
Basement
Unfinished
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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London Market Statistics
London Price Trend
1181 Honeywood Dr is a 5-bedroom 5-bathroom home listed for sale at $1,149,000, which is $252,629 (28.2%) higher than the average sold price of $896,371 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 5 bedroom home in London increased by $149,246 (20.0%) compared to the previous 30 day period (November 19 - December 18) and up $196,372 (28.1%) from the same time one year ago.Inventory Change
There were 12 5-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 14.3% compared with the previous 30 day period (November 19 - December 18) and up 500.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($47,555) (5.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $18,005 decrease compared to the previous 30 day period (November 19 - December 18) and $0 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in London over the last 30 days (December 19 - January 17) stood at 58.3%, up from 57.1% over the previous 30 days (November 19 - December 18) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in London stood at 54 days when successfully sold over the last 30 days (December 19 - January 17), compared to 100 days before being removed from the market upon being suspended or terminated.Listing contracted with Nu-Vista Premiere Realty Inc.
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