638 13th St., South, Lethbridge
ASKING PRICE $135,000
SELLING PRICE $120,000
TAXES $1,416 (2014)
DAYS ON THE MARKET 49
LISTING AGENT Courtney Atkinson, Century 21 Foothills Real Estate – Lethbridge
The Action: Priced at just $135,000, this detached bungalow was considered an affordable opportunity to enter into an established community south of Lethbridge's downtown core. With several other options available within a few blocks radius, 18 prospective buyers made their assessments of how much repair and renovation they wanted to take on.
What They Got: This 840-square-foot house sits on a 26-foot by 115-foot lot and has a sunroom, living room, formal dining room and kitchen, along with two bedrooms and a three-piece bathroom.
The fenced backyard faces west, with mature trees and a garage that exits to a laneway.
The Agent's Take: "It's less than half the average house price in Lethbridge, so by virtue of that, it made it attractive to a broad range of buyers, even first-time home buyers and investors," says agent Courtney Atkinson.
"Most of the [bungalows] would be more updated and probably in better condition and more expensive, so this one hit the mark because it's a property for someone who is handy or has access to tradespeople who can make improvements relatively inexpensively."
This property's value also lies in the lot's location. "It's on a busy street, but it's a nice street with a lot of nice homes on it, and it gives you easy access to all parts of the city," Mr. Atkinson states. "It's just steps away from a grocery store and close proximity to downtown."
Editor's note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.