Lucais Corp.
322 Irene Dr., Keswick, Ont.
Asking price: $777,000
Previous asking price: $875,000 (November, 2021)
Selling price: $815,000 (December, 2021)
Previous selling price: $110,000 (January, 1997)
Taxes: $2,928 (2021)
Days on the market: Six
Listing agent: Lucais Shepherd, Lucais Corp.
The action
The house is about 50 years old and was originally constructed as a cottage.Lucais Corp.
During a lull in the pandemic late last year, the elderly owners of this two-bedroom bungalow invited buyers inside, hoping it might sell as quickly as other homes had in Georgina, a small lakeside town about 90 kilometres north of Toronto.
“Inventory levels were low because everything sold right away,” agent Lucais Shepherd said.
“And every wave of the virus brings a shortage of listings because people are afraid to be moving.”
Within just two days of listing their property, the owners bought a new one. With that end of their move secured, they determined to reduce the asking price on their Keswick property by $98,000. Three buyers rushed in with offers, with the best one at $815,000.
“Once the sellers found their [next] house, we put theirs down to $777,000 and within five hours of the price change we had multiple offers,” Mr. Shepherd said. “A few years ago, the [sale] price would have been a lot less.”
What they got
The kitchen has rear access to the deck, yard and driveway on the 75- by-169-foot lot.Lucais Corp.
The house is about 50 years old and was originally constructed as a cottage. It was later winterized and given a new steel roof in 2009.
There is a formal living room with a wood-burning fireplace. The kitchen has rear access to the deck, yard and driveway on the 75-foot-by-169-foot lot.
The agent’s take
“It was practical bungalow with everything on one floor,” Mr. Shepherd said.
“It’s a large lot, level land to build [on] and the waterfront is just steps away.”
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