A backsplit home at 45 Sandra Cres. in Grimsby, Ontario, recently sold for $820,000 in July 2026, which is $35,000 below its 2021 sale price of $855,000. The sellers listed the property for $829,900, $25,100 below what they had paid in 2021, and the buyer negotiated an additional $9,900 off the asking price. The house, a three-bedroom backsplit with four floors including a finished basement, was marketed as being in move-in condition with a new roof and laundry room. It is located in a prime area backing onto a park and within two kilometers of the QEW, GO train station, beach, and marina. The listing agent, Michael St. Jean, noted that the property's condition and location were key selling points, emphasizing that it was "turnkey" and in a desirable neighborhood. The home had previously sold for $512,000 in November 2017, $305,000 in August 2015, $183,000 in September 2004, and $147,500 in October 1990. The sellers were aware of the market decline since their 2021 purchase and adjusted their listing price accordingly. The property was on the market for only 10 days before a deal was struck. The agent highlighted that such four-level backsplit homes are no longer commonly built, making this property a rare find in the current market. The sale reflects the fluctuating real estate market in Grimsby, where prices have risen and fallen over the years, impacting seller expectations and pricing strategies. The buyers, also clients of the agent, were attracted to the home's updated features and convenient location, which offered immediate usability without the need for renovations. The property's tax assessment for 2026 is $4,484, and it features a 37-by-100-foot lot with a south-facing patio. The sale demonstrates how market conditions influence pricing decisions and how well-maintained properties in desirable locations can still attract buyers despite market downturns.

Wiener Neustadt completes its major housing divestment plan to eliminate a four-million-euro annual budget deficit by selling 1,646 units.

Reykjavík City Council has approved the sale of Ísaksskóli’s properties on Bólstaðarhlíð in Reykjavík to the self-owning foundation of Ísak Jónsson’s School, mbl.is reports. The sale will return ownership of the school buildings to the foundation, which has operated the school there for years. Th…

The final price was 69.3% below the appraised value for the real estate, excluding equipment and the operating company.

US citizens and certain US taxpayers generally must report gains from selling foreign property, alth

Kinnula’s municipal executive board has delayed advancing a proposed sale of 14 properties in the Saarensalmi area to an Israeli company, Yle reports. The properties are intended for accommodation development. The board discussed the matter on Thursday but did not submit the deed of sale to the m…

A luxurious four-bedroom residence in Whitlam has set a record price of $2.123 million, selling to an upgrader relocating from the suburb of Wright. The property, located at 5 Farwell Street, spans 744 square metres with 475.14 square metres of total build, featuring 351 square metres of living space and a 52.17-square-metre garage. Its 4.5-star energy efficiency rating and east-north-east orientation enhance its appeal. The home boasts soaring 5.5-metre ceilings, an open-plan living area with premium AEG kitchen appliances, a covered al fresco zone with barbecue, and a heated swimming pool. Additional highlights include a main bedroom suite with en suite bathroom and walk-in wardrobe, a second bedroom with en suite, a family bathroom, and a dedicated study. Smart home features like a 16kW solar system, 13.5kW Tesla battery, eight-camera Reolink security system, and under-tile heating ensure energy efficiency and security. The sale underscores the growing demand for high-end properties in established Whitlam suburbs.

The High Court ruled that a mental health crisis moratorium did not prevent receivers from selling property used to secure a company loan, as the debt being enforced was owed by the company rather than the individual owner. The case involved Together Commercial Finance and Ameycroft Leisure, where a £2.4 million loan was granted in 2023. The company’s director, Stuart Slack, personally guaranteed the debt, while his son Matthew Slack provided additional security by charging his property, Farley Meadow View. After Ameycroft defaulted, receivers appointed by Together sought to sell Farley Meadow View to recover the debt. Matthew Slack claimed the sale was prohibited under a mental health crisis moratorium he entered in 2026. However, Judge Jonathan Klein clarified that the moratorium protected only personal debts, not company obligations. The property secured the company’s debt, not Slack’s personal liabilities, allowing the receivers to proceed with the sale. The court also criticized the drafting of the Debt Respite Scheme regulations, highlighting ambiguities in their application. This ruling underscores the distinction between personal and corporate financial responsibilities in legal enforcement cases.

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The families of two Queensland police officers killed in the 2022 Wieambilla ambush have publicly condemned the sale of the rural property where the attack occurred, describing it as deeply distressing and disrespectful to the memory of their loved ones. Constables Matthew Arnold, 26, and Rachel McCrow, 29, were shot dead in December 2022 when they attended a remote home on Wains Road, Western Downs, alongside neighbour Alan Dare, who was also killed after investigating unusual activity. The property was owned by Gareth Train and his wife Stacey, and the violent confrontation ultimately led to the deaths of the attackers during a police response involving specialist units. The two-bedroom property has now reportedly been sold for around $190,000 to an unknown buyer. Families of the slain officers say they had previously been led to believe the site would be transformed into a memorial or otherwise preserved to honour the victims. Instead, they say they discovered it had been quietly listed and sold on the open market, a decision they believe undermines earlier assurances and the significance of the site. In a statement, the families described the sale as an “absolute insult” and expressed concern that the location could attract unwanted attention or be misused by individuals drawn to extremist ideologies. They argued the land should never have been treated as an ordinary residential or lifestyle property, but rather preserved as a place of remembrance. The Queensland Police Union had previously expressed interest in purchasing the property for use as a memorial or training and retreat facility, but negotiations reportedly stalled. The families have also pursued legal action against police forces, alleging negligence and seeking compensation for psychological harm, while continuing to call for the site to be formally protected and commemorated.

Selling a property is not about putting it online. It is a plan that needs to know the market, be good at talking and have good connections. Working with trusted real estate agents in Ahmedabad can ma...