Sold Date: 02/10/2023
25 Austin Dr is a condo located on Bullock Dr & Hwy 7 in Markham right next to CF Markville mall. This is an older but very spacious unit on the 7th floor. Before listing the unit they cleaned up their home for showings but decided to remain everything as original. The unit was not renovated nor staged for the showings.
Homes were on the market longer during this time due to the buyers market. There were not many listings, not many sales and prices have come down a lot. This unit was listed for $810,000 but the clients were willing to negotiate. This property was on the market for over a month till we suddenly had multiple buyers. Multiple offer don't happen often in a buyers market so we made the most of this situation. Through the negotiation process we were able to ask for 20k more from the highest offer to come closer to the listing price. After negotiations, we settled and sold for $770,000 for this property.
Given the time and lack of renovations we came quite close to the listing price. Not to mention multiple offers too. What definitely helped us was the lack of listings in this condo at the time which brought more attention to us. The right property at the right time.
“The little things can give you more than you ask” – Dinah Wong
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