Townhouse

South Surrey townhouse gets just one bid, sells for $35,000 below asking

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Sutton West Coast Realty Group

15268 28th Ave., No. 77, South Surrey, BC

Ask for a price: $999,000 (July 27, 2022)

Sale price: $963,800 (August 30, 2022)

Previous sale price: $680,000 (2018)

Marketing days: 34

Monthly maintenance fees: $280.39

Taxes: $3,155.80 (2022)

Listing agents: Shali Tark, Ian Watt, Sutton Group West Coast Realty

The open plan living and dining room has dark hardwood floors, white cabinets and lots of windows.Sutton West Coast Realty Group

The action

The seller had bought the townhouse for $680,000 four years ago, when the complex was six months old. Listing agent Shali Tark arranged many viewings, but buyers were in no rush to buy. After it became clear that interest rates would continue to rise, people started showing interest in the last two weeks of August.

Sellers received an offer from buyers who were looking to upgrade to a townhouse.

“They were motivated because it suited them well and the house was showing up well,” Ms Tark said.

The four-bedroom, three-bathroom townhouse is only five years old and in turnkey condition.Sutton West Coast Realty Group

what they have

This four-bedroom, three-bathroom townhouse is only five years old and is turnkey. It has had some upgrades including smart home lighting, door locks, cameras, blinds and thermostat.

The open plan living and dining room has dark hardwood floors, white cabinets and lots of windows. The 1,630 square foot tri-level home features three bedrooms on the top floor, including a master bedroom with attached bathroom. The lower level includes a large bedroom and a bathroom.

The yard is fully fenced and there is a two car garage. Rentals are permitted.

The agent’s point of view

“Inventory was slightly lower heading into the September long weekend and with the increase in rates, buyers found good value in this home,” Ms. Tark said.

The sale was completed on September 26.

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