Friday, April 04, 2014

Bowmanville new construction and home sales

Two new construction houses near completion on the 1800 block of West Farragut in Bowmanville.  A fantastic custom home was built right across the street last year.  Farragut from North Ravenswood to North Western saw at least 5 new construction homes completed (3 sold to the public and two custom builds for the property owners). Another new house is being built on the 2200 block of West Farragut now. Photo Eric Rojas, Broker, Kale Realty

I wrote about this Bowmanville location on the 1800 block of West Farragut last year.  Two adjacent properties were sold for a total of $420,000 and torn down. The new construction houses have taken shape.

Bowmanville single family home sales first quarter 2014 (Jan 1st to March 31st)
Only 1 house so far has closed in the Bowmanville neighborhood of Lincoln Square.  A renovated frame cottage at 1827 W Farragut closed March 3rd for $515,000.  In 2013 three houses closed in the first quarter with prices ranging from $420,000 to $630,000.

Currently two houses are under contract with asking prices of $420,000 and$780,000.

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 2013 was an active year for new house construction and re-sales in Bowmanville.  26 houses closed with a median price of $505,000. 

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