Lot 144 Hobbs Dr

London, N6M 0J8
FOR SALE
$1,150,000
Lot 144 Hobbs Dr, London
Lot 144 Hobbs Dr
Lot 144 Hobbs Dr
Lot 144 Hobbs Dr
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4
BEDROOMS
5
BATHROOMS
4
KITCHENS
8
ROOMS
X9271723
MLSID
Contact Us
Property Description
TO BE BUILT- Now Selling Phase-1.Discover our beautifully designed 4- bedroom and 4.5 bathroom home with 3596 sqft finished area with stunning brick & stucco exteriors and spacious open concept layouts in coveted Jackson Meadows! Build your home, Your way. Modern or Traditional Elevations. Finished floor area 3596 sq.ft. incl. bonus finished rec room. Featuring: 2 Master Ensuite upstairs, with 3rd Jack n Jill bath. Main level has Office that could be converted to bedroom w/ 3pcs bath as well. Comes with finished basement w/ separate entrance and 3 pcs bath . Potential for extra income to help offset your mortgage. Custom Options available: DUPLEX with 2 Hydro meters, each unit with own furnace, heat pump. Perfect choice for the family and investors seeking convenience and comfort. Superior, quality construction that goes Above & Beyond the standard building code: - 9 inch thick foundation walls (code is 7 inches)- 8-9 feet tall basement ceilings (code is 7.8 feet)- 8 inch thick gravel under basement slab for enhanced drainage (code is 6 inches) -56 inch basement windows. Great location for family living in the south end of London. Site's close proximity to the 401 means shortened commutes to nearby cities like Woodstock, Kitchener, Hamilton and Chatham. Close to elementary and french immersion schools. **** EXTRAS **** Nearby nature trails, parks, green spaces. An assignment clause may be offered at the builder's discretion. 8- 12 month closings with flexible payment plans. More floorplans available
Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
48' x 108'
Fronting
West
Basement
Finished, Sep Entrance
Exterior
Brick Front, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Br2nd12.80' x 15.29'
2nd Br2nd11.48' x 12.80'
3rd Br2nd13.09' x 11.88'
4th Br2nd6.56' x 12.11'
Bathroom2nd3.28' x 5.91'3 Pc Bath
BathroomMain6.56' x 6.23'3 Pc Ensuite
KitchenMain9.97' x 13.98'
LivingMain13.78' x 12.70'
OfficeMain8.86' x 9.84'
DiningMain12.50' x 14.07'
London Market Statistics
London Price Trend
Lot 144 Hobbs Dr is a 4-bedroom 5-bathroom home listed for sale at $1,150,000, which is $221,090 (23.8%) 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 5-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 Supermax Realty Inc.
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