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6 homes sold in sought after Winnipeg neighbourhoods, but none sell for over list, 4 new listings

by Brenden Morgan, Sutton Group
(204) 955-0500 24 hrs

After pitching a shutout the week before with no home sales at all, Elm Park, Norberry, Van Hull Estates, River Pointe, Pulberry, Bright Oaks, and Normand Park rebounded this past week with six home sales. Interestingly, not one of the six homes for sale in these sought after Winnipeg neighbourhoods sold for more than asking price. In fact, it was a bit of a clean-up week with some older inventory being sold.

For a Free Home Value Analysis of your home in St. Vital please Click Here.

One home in River Pointe sold for $95,000 less than the original asking price, taking 138 days to sell! The other four homes that sold below asking price had been on the market for an average of almost 56 days. The one home that sold at asking price had been on the market for only three days.

These results really confirm the fact that “well priced homes sell quickly and for more money.” Price the home at “fair market value” initially, market the home aggressively, and in many cases the home will sell for over the asking price!

The six homes that sold last week in Elm Park, Norberry, Van Hull Estates, River Pointe, Pulberry, Bright Oaks, and Normand Park were replaced by four new listings ranging in price from $289,900 for a home on Nicollet Ave. to $419,900 for a home on Dunkirk Place.

New listings in Elm Park, Norberry, Van Hull Estates, River Pointe, Pulberry, Bright Oaks, and Normand Park:

• 43 Nicollet Avenue
• 19 McNulty Cresent
• 10 Dunkirk Place
• 51 Glen Avenue

There are currently 20 homes for sale in Elm Park, Norberry, Van Hull Estates, River Pointe, Pulberry, Bright Oaks, and Normand Park. The most expensive home for sale in these neighbourhoods is on Marine Drive and is priced at $899,900. The lowest priced property s a residential building lot on St. Mary’s Road priced at $110,000.

There were no sales of condominiums in Elm Park, Norberry, Van Hull Estates, River Pointe, Pulberry, Bright Oaks, and Normand Park last week. There was a new listing that came to the market in the Waterfront condo complex at 1690 St. Mary’s Road last week. That 1138 square foot main floor unit is priced at $359,900.

If you would like more information on any of the current listings in Van Hull Estates, River Pointe, Pulberry, Bright Oaks, Elm Park, Norberry and Normand Park, please call (204) 955-0500. For a Free Home Value Analysis of your home in St. Vital please Click Here.

SELLING AND LIVING IN ST VITAL FOR 30 YEARS…

Have questions about the Real Estate market? Curious about the value of your home? Curious about what the home sold for down the street? Call me at (204) 955-0500, I am available at anytime to discuss the Winnipeg Real Estate market. Get the FACTS. Whether buying, selling or if you just have questions.

Thanks for reading!

Brenden Morgan, Sutton Group Cell: (204) 955-0500 24 hrs Web: www.BrendenMorgan.com

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