249 Hesselman Cres

South U, London, N6M 0K2
FOR SALE
$951,000
249 Hesselman Cres, London
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
12
ROOMS
X8286336
MLSID
Contact Us
Property Description
The ARKLOW, to be built by Patrick Hazzard Custom Homes Inc. in desirable Summerside neighbourhood (5 min. from 401 HWY). This home with contemporary design is a 2 storey (2,079 sqft), built on a premium lot (40'x148'). 4 bedrooms and 2.5 bathrooms, 9' ceilings in main floor, open foyer, very spacious Living room, kitchen with island, quartz in kitchen and powder bathroom, convenient mudroom, hardwood flooring in main level and upper hall, master bedroom with vaulted ceiling, large walk-in closet, ensuite bathroom with double sink and glass tiled shower, 3 additional large size bedrooms, main bathroom with tub/shower. Ash hardwood open stair case with metal spindle railing. Unfinished basement features: SEPARATE ENTRANCE, 3 piece rough-in for future bathroom and 3 large size (48"x36")windows, AC & HRV system, paver stone driveway and sod around the house (To be installed). Premium lot fees included in price. Additional upgraded finishes are not included on listing price. Pictures are for reference from another house with the exact same floor plan and fully upgraded.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-04 2024-02-16 135 $898,000 - Terminated
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
40' x 148'
Acreage
< .50
Basement
Full
Exterior
Stucco/Plaster, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
London Market Statistics
London Price Trend
249 Hesselman Cres is a 4-bedroom 3-bathroom home listed for sale at $951,000, which is $22,090 (2.4%) higher than the average sold price of $928,910 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $43,750 (4.9%) compared to the previous 30 day period (July 20 - August 18) and up $96,910 (11.6%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 559.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($40,513) (4.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,612 decrease compared to the previous 30 day period (July 20 - August 18) and ($30,444) 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 4-bedroom homes in London over the last 30 days (August 19 - September 17) stood at 47.6%, down from 58.6% over the previous 30 days (July 20 - August 18) and up from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 38 days when successfully sold over the last 30 days (August 19 - September 17), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp., Brokerage
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