I also heard the same sold figures from my sources on the properties you listed.sirLYZ wrote: ↑ It's getting crazy out there. Really sucks to be a buyer in this market.
This house had almost 40 offers, sold for $391k today, asking was $320k. Not a good neighborhood, house mostly renovated. https://www.realtor.ca/real-estate/2048 ... -barrhaven
28 Cloutier had 14 offers, sold for $390k, asking was $360k. Middle unit, needed some repairs.
46 Madelon, sold for $425k, asking was $400k. End unit, fully new.
Just search on MLS for $300k to $450k, 3+ bedrooms in kanata and barrhaven. Almost no inventory. And inventory is dropping. Short term I think to have a chance offer has to be no condition, at least $390k for townhouse. Add tens of thousands more for end unit. Which is ridiculous considering single houses are just a little bit higher.
Realtors are making bank if they're listing with above criteria. Guaranteed to be sold on day of accepting offer, and above asking.
Don't under estimate just how hot the sub $450K market is. In old Barrhaven if you are lucky you can get an older single family home for around $480K but that usually comes with having to do some renovations/updating. Couple that with the fact that buyers in that price range are most likely already extending themselves financially leaving no room to do those renovations after purchase. Therefore they look to town homes that are move in ready or close to it.
Just recently in Barrhaven two row homes (newer) sold for 435K and 438K. These are turnkey move in and your done houses. Heck just across in Riverside south town homes going for 438k would be considered to be on the low end of the price bracket. My executive town home in barrhaven is going up for sale end of April beginning of May and now that I know a minimum of 435K can be achieved that is what I will expect.