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Property Description
Location, location, location - a great opportunity and value to get into an absolutely serene neighbourhood on a quiet grove, off of a crescent, that's inside another crescent! 3 bed, 2 baths with full basement, fully fenced large backyard. Roof 2018. Great family home or investment potential in one of the most convenient and mature subdivisions in London, surrounded by two large parks and woods. TWO MINUTES to UWO (Western University), Costco, great restaurants, and everything you need, a car isn't even necessary! The area include working professionals, very friendly retirees, teachers and a mix of quiet Western University students that pays a premium for the location. Book a showing, expand your investment portfolio and/or call this homes yours!
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
40' x 106'
Fronting
South
Taxes
$4,483 (2024)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Driveway
Available
Garage Type
Attached
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London Market Statistics
London Price Trend
191 Walmer Grve is a 3-bedroom 2-bathroom home listed for sale at $659,900, which is $44,733 (7.3%) higher than the average sold price of $615,167 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,070 (2.2%) compared to the previous 30 day period (November 19 - December 18) and down $24,833 (3.9%) from the same time one year ago.Inventory Change
There were 138 3-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 19.3% compared with the previous 30 day period (November 19 - December 18) and up 1,154.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($29,447) (4.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $15,999 decrease compared to the previous 30 day period (November 19 - December 18) and ($14,000) 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 3-bedroom homes in London over the last 30 days (December 19 - January 17) stood at 117.4%, up from 101.8% over the previous 30 days (November 19 - December 18) and down from 190.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 38 days when successfully sold over the last 30 days (December 19 - January 17), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Team Glasser Real Estate Brokerage Inc.
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