Ottawa bungalow on two-acre lot reaps $400,000 over asking price - The Globe and Mail

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Coldwell Banker First Ottawa Realty1910 Mc, Cord Dr., Ottawa (Kanata)Asking price: $650,000 (April, 2021)Selling rate: $1,050,000 (Might, 2021)Previous selling prices: $386,214 (August, 2011); $169,000 (1993 )Taxes: $4,280 (2020 )Days on the marketplace: Five, Noting agent: Raymond Chin, Coldwell Banker First Ottawa Realty, The action, The home sits on a two-acre lot in a quiet suburban area about a 30-minute drive from Parliament Hill.

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However it was withdrawn from the marketplace a few weeks later due to the fact that the sellers faced problems finding another home. After securing a home a year later on, the sellers reestablished the bungalow to the public. After more than 100 trips and 20 bids, the final purchaser won by padding the sticker price with $400,000 for a total of $1.

Now we're having a cool down on the market, so they attained max value."What they got, Major components of the home were replaced over the past decade. Coldwell Banker First Ottawa Real estate, This two-bedroom home is less than 30 years old, but major elements were changed over the previous years.

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On the other hand, a brand-new back deck, enclosed gazebo and jacuzzi were also installed. Inside, the kitchen and two bathrooms were remodelled, and the septic tank was replaced. Source and dining-room, a casual leisure area and two visitor spaces in the basement were left undamaged. The agent's take"The property is an average-sized high ranch-style home however on a two-acre lot that is surrounded by fully grown trees for privacy," Mr.

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The trademarks MLS, Numerous Listing Service and the associated logos recognize professional services rendered by REALTOR members of CREA to effect the purchase, sale and lease of property as part of a cooperative selling system.