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Property Description
This is a very interesting property and this is the first time it will change hands since the original purchase in 1949 for $450. There sits a 3 bedroom bungalow with a high pitched roof on an absolutely private corner lot. Some buyers will want to renovate it and raise a family there. Others may see a lot severance, new big house, an oversized outbuilding or secondary dwellings. There is lots to fuel your imagination here.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
85' x 164'
Fronting
East
Taxes
$4,279 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Ground | 3.81' x 5.41' | |
| Living | Ground | 17.91' x 13.19' | |
| Kitchen | Ground | 9.81' x 12.01' | |
| Br | Ground | 9.71' x 10.99' | |
| 2nd Br | Ground | 10.10' x 10.99' | |
| 3rd Br | Ground | 8.10' x 13.29' |
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London Market Statistics
London Price Trend
303 Reynolds Rd is a 3-bedroom 1-bathroom home listed for sale at $529,000, which is $89,462 (14.5%) lower than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in London stood at 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Advantage Realty Ltd.
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