$315,000
For sale: Detached

This yellow-brick 2-storey home offers the perfect blank canvas for renovators, investors, or anyone looking to create their dream space or turn it into an income making investment . Corner 66 x 132 lot that is currently zoned R1. This home that has been taken back to the studs and is ready for a full re-imagination. This home is not currently habitable but is loaded with opportunity. Major updates already completed include a new steel roof, fascia, and eavestroughs (2022), along with a new gas furnace and A/C. The previous layout featured one bedroom on the main level and three bedrooms upstairs. BUt its current state shows potential for a different configuration. Large deck of the rear of the home. There is potential for two laneways and parking for at least 5 vehicles. Most of the value is in the lot. Located within walking distance of downtown Strathroy, the hospital, and the Strathroy Rec Centre. Come see the potential and imagine the possibilities.
Sold data
Detached homes in Strathroy-Caradoc (NW) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 62, across 62 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $599,900.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 62 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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