Below you will find the listing and selling prices of Townhouses in Mississauga in the Erin Mills district from January 1- 2012 to January 31 - 2012. As you can see the market is still fairly strong for Townhouses in Mississauga in the Erin Mills area with most units selling at or close to their asking prices. Address Listing Price Selling Price Bedrooms 2288...
Ever wonder where Mississauga townhouses originated?
We have all more than likely seen images such as the one above of the Royal Circle of Townhouses located in Bath, England.
They were essentially row houses built primarily in London, United Kingdom as the “in town” residence of the wealthy and aristocratic.
Most of the wealthy of that day lived in country estates but needed a city home when visiting for business or the social season.
Unlike Mississauga Townhouses the row townhouses of London were opulent, grand and massive in size built to house large families along with their entourage of servants.
They were usually built on smaller lots with square footage divided between 3-4 floors.
Grand staircases ascended to rooms with high ceilings and decorative mouldings.
Today many of these townhouses have been converted into multiple apartments or “flats” as they known in the United Kingdom.
Mississauga Townhouses of recent have normally been marketed to first time home buyers although some luxury townhouses have found a demand from empty nesters not wanting the hi rise condominium lifestyle.
Several categories of Mississauga townhouses are available, the most sought after being:
a) Mississauga Condominium townhouses
b) Freehold Mississauga townhouses
Mississauga Condominium townhouses
This type of townhouse is very popular with first time home buyers as they are usually affordable and provide a stepping stone into home ownership.
Condominium owners have title to their own unit while sharing the ownership, upkeep and responsibility for the rest of the property such as the gardens, recreational facilities and parking areas which make up the condo corporation.
The attraction to this type of townhouse is that all outside maintenance as well snow removal and landscaping chores are performed by a condominium corporation, however there is a monthly maintenance fee to cover these services.
Freehold Mississauga townhouses
These types of townhouses look and feel like condominium townhouses but differ in that each unit is individually owned along with the land it sits on.
There are no monthly maintenance fees with this type of ownership although in recent years some freehold townhouses have a condo aspect attached to them in the form of shared roads in and out of the complex.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Central Erin Mills district from April 1- 2012 to April 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Central Erin Mills area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
5535 Glen Erin Dr $345,000 $335,000 3
2275 Credit Valley Rd $329,900 $345,100 3
5525 Palmerston Cr $379,900 $372,000 3
5910 Greensboro Dr $374,567 $377,500 3
2550 Thomas St $389,900 $389,900 3
5260 McFarren Blvd $404,900 $405,100 3
5530 Glen Erin Dr $415,000 $431,000 3
5662 Glen Erin Dr $459,900 $478,000 3
1724 The Chase $599,000 $590,000 2
1724 The Chase $639,900 $620,000 2
There were 10 sales of Townhouses in the Central Erin Millsarea district in April 2012 resulting in an average price of $434,360.
The number of days spent on the market to sell these Mississauga Townhouses was 11.9.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Applewood district from April 1- 2012 to April 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Applewood area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
3055 Tomken Rd $159,900 $155,000 2
1055 Dundas St W $189,900 $180,000 2
3060 Constitution Blvd $212,900 $206,000 3
1856 Kirkwall Cr $399,000 $395,000 3
There were 6 sales of Townhouses in the Applewoodarea district in April 2012 resulting in an average price of $234,000.
The number of days spent on the market to sell these Mississauga Townhouses was 31.75.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Streetsville district from March 1- 2012 to March 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Streetsville area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
6540 Falconer Dr $229,900 $215,000 3
120 Falconer Dr $244,900 $240,000 3
6540 Falconer Dr $254,900 $248.006 3
2350 Brittania Rd W $359,000 $355,000 3
2370 Brittania Rd W $398,800 $415,500 3
6625 Falconer Dr $429,786 $421,000 3
There were 6 sales of Townhouses in the Streetsvillearea district in March 2012 resulting in an average price of $315.751.
The number of days spent on the market to sell these Mississauga Townhouses was 29.6.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Sheridan district from March 1- 2012 to March 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Sheridan area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
2095 Roche Crt $169,500 $162,500 3
2445 Homelands Dr $274,900 $270,000 3
2385 Fifth Line W $329,900 $326,000 3
There were 2 sales of Townhouses in the Sheridanarea district in March 2012 resulting in an average price of $252,833.
The number of days spent on the market to sell these Mississauga Townhouses was 23.6.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Rathwood district from March 1- 2012 to March 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Rathwood area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
640 Rathburn Rd $265,000 $265,000 3
640 Rathburn Rd $284,900 $279,500 3
525 Meadows Blvd $319,800 $316,500 3
1951 Rathburn Rd E $329,900 $320,000 4
485 Meadows Blvd $328,800 $325,000 3
2120 Rathburn Rd E $344,900 $353,100 4
2120 Rathburn Rd E $357,000 $362,500 3
1951 Rathburn Rd E $362,500 $365,000 3
4165 Fieldgate Dr $389,900 $390,900 3
333 Meadows Blvd $399,888 $400,000 3
There were 2 sales of Townhouses in the Rathwoodarea district in March 2012 resulting in an average price of $337,660.
The number of days spent on the market to sell these Mississauga Townhouses was 9.8.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Port Credit district from March 1- 2012 to March 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Port Credit area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
106 Park St E $625,000 $610,000 3
82 Compass Way $998,000 $998,000 3
There were 2 sales of Townhouses in the Port Creditarea district in March 2012 resulting in an average price of $804,000. This is not really representative of average prices in this area because as you can see there were only 2 sales and they had a large discrepancy between them.
The number of days spent on the market to sell these Mississauga Townhouses was 5.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Mississauga Valleys district from March 1- 2012 to March 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Mississauga Valleys area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
1250 Mississauga Valley Blvd $289,000 $282,000 3
215 Mississauga Valley Blvd $289,000 $284,000 3
180 Mississauga Valley Blvd $289,000 $282,000 4
1330 Mississauga Valley Blvd $315,000 $310,000 4
215 Mississauga Valley Blvd $315,500 $321,000 3
1180 Mississauga Valley Blvd $319,900 $306,000 3
405 Hyacinthe Blvd $334,900 $320,000 4
3395 Cliff Rd North $344,800 $340,000 3
3345 Silverado Dr $348,800 $348,000 3
3345 Silverado Dr $359,000 $358,000 3
There were 4 sales of Townhouses in the Mississauga Valleysarea district in March 2012 resulting in an average price of $315.100.
The number of days spent on the market to sell these Mississauga Townhouses was 36.2. Days on the market for this area were distorted this month by one property which spent 216 days alone before a sale occurred.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Mineola district from March 1- 2012 to March 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Mineola area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
150 South Service Rd $330,000 $350,000 3
1130 Cawthra Rd $439,900 $435,000 3
20 Mineola Rd $475,000 $476,000 4
20 Mineola Rd $479,000 $481,000 4
There were 4 sales of Townhouses in the Mineolaarea district in March 2012 resulting in an average price of $435,500.
The number of days spent on the market to sell these Mississauga Townhouses was 13.75.
Below you will find the listing and selling prices of Townhouses in Mississauga in the Meadowvale Village district from March 1- 2012 to March 31 - 2012.
As you can see the market is still fairly strong for Townhouses in Mississauga in the Meadowvale Village area with most units selling at or close to their asking prices.
Address Listing Price Selling Price Bedrooms
7101 Branigan Gate $334,900 $330,000 3
7105 Branigan Gate $359,900 $356,900 3
7101 Branigan Gate $357,900 $360,000 3
7360 Zinnia Place $372,000 $366,000 3
7105 Branigan Gate $359,900 $366,200 3
7385 Magistrate Terr $374,900 $370,000 3
7272 Bellshire Gate $389,900 $384,500 3
There were 7 sales of Townhouses in the Meadowvale Villagearea district in March 2012 resulting in an average price of $361,942.
The number of days spent on the market to sell these Mississauga Townhouses was 13.2.
In the market for Townhouses in Mississauga over the last ten years or so it has looked relatively easy to sell your townhouse. But whether market conditions are buoyant, depressed or balanced there are always some sellers who make mistakes.
Let’s examine three of those mistakes here so that next time you need or want to sell your townhouse you will hopefully avoid them and save yourself some time, aggravation and misery.
The number one mistake most sellers make is:
Pricing your Townhouse
This section should perhaps be under the heading of Overpricing your Mississauga Townhouse.
When looking at comparable sales history of other townhouses in Mississauga we all tend to think our house is better than the last one that was sold, usually for a variety of reasons.
Price is the first thing a buyer wants to know when searching for a home and if your townhouse is priced well above other recent sales of comparable properties they more than likely will not even bother to make an appointment to see it.
Your townhouse will also spend a long time on the market and will be used by agents to sell other properties priced more reasonably.
When it has spent enough time on the market that it is becoming stale you may have to reduce the price to a point below where you should have started in the beginning.
Instead of attracting a number of motivated buyers you may end up with the buyer who scours the marketplace looking for overpriced properties and who is prepared to sit and wait for some sign of desperation on your part before they pounce with a low ball offer.
Price your townhouse realistically from the beginning and you will get an easier, faster sale.
Cleaning and De-Cluttering
Remember, first impressions count. They are the ones that will be forefront in your potential buyers mind when trying to make a decision.
Don’t be offended when your real estate agent suggests removing all family photos. In fact your house should display none of the trappings of your family’s life there.
After you have decluttered your real estate agent may suggest removing some items of furniture in order to make the place appear larger. Buyers want to see that your house has the space that they need to clutter it up with their own belongings. Some are unable to look beyond your stuff and see theirs in its place.
It’s hard I know, to let go of these attachments to your Mississauga Townhouse but you can take comfort in the knowledge that you will be rewarded after the sale, when receiving your cheque on the closing day.
When you have decluttered you house and possibly removed some furniture do not store these in the basement or garage if they are going to take up most of that space.
Consider off-site storage facilities or a friend’s garage.
Showing your townhouse to buyers
It is perfectly natural to want to show potential buyers around your townhouse after all, who knows all the nooks, crannies and niceties better than you?
Please resist this temptation.
In fact it is better when you know of showings that you leave the property all together.
Buyers want to discover things themselves and they do not want to feel inhibited when checking closets and kitchen cupboards.
Believe me if you do stay and show them around you will squirm with embarrassment when you get the one buyer who is not afraid to open your fridge or medicine cabinet while being shown around.
Buyers also want to feel free enough to make comments and if you are around they will not have that sense of freedom.
You do not have the arsenal of answers to objections your potential buyer may come up with.
The real estate agent showing the property if they are experienced enough has heard them all.
Let them do their job and your townhouse will sell faster.
Avoiding these three common mistakes when selling Townhouses in Mississauga should result in a faster and more profitable sale for you.
