Messages

1

Property Information / Re: Otawa

« on: November 20, 2009, 06:42:34 PM »

Don't have all results but for these ones

#3 - 470 Laurier Avenue - $217K
#4 - 1336 Leaside Avenue - $212K
#9 - Vachon St - $150K

I was not there, so I do not know what 2nd place came in at.
This was the first time I EVER bid and I was no where near those amounts. I think they are high. 470 Laurier normally would sell for around $230-250K. Leaside would sell up to $300K+ - there was a similar one across the street listed last year at $350K but it did not sell as it was priced too high. Vachon - no idea of what normal price would have been.

The day before nothing was redeemed. I placed my bid on Tuesday and I can say the whole experience was very exciting. Not sure how all of you experienced dudes are picking up properties at 30-40cent on the dollar. But I will definitely try again next year - who knows I might get lucky :-)

Westpark went for $20,000.

and no other properties had bids on them. 1,2,5 were redeemed. 

I bid 157 ish on Laurier.  The second place bidder was either 185,700 or 189,700.  Then 179, 175, and a number in the 160's.  I think the person who won laurier is planning to move in, as it seems high but I have no clue!  There have been recent sales in the building over $300,000 when they are recently renovated with hardwood, ceremic new cabinets, new bathrooms etc etc.