14 Wychwood Rd
Welland, L3C 5V3
FOR SALE
$499,999
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Property Description
Attention First-Time Buyers & Investors! Discover an incredible opportunity in the lively and high demand community of North Welland. This modern 4-level backsplit is perfect for first time home buyers & new investors, offering the opportunity to house hack and live mortgage free or the opportunity to own a rental property in a Triple A location. Located just steps from Niagara College, Seaway Mall, and public transit, this property has access to all surrounding amenities! For commuters its also conveniently minutes drive from Hwy 406 making it a popular area for professionals as well. With 3+2 bedrooms 2 full bathrooms, 2 modernized kitchens, separate entrance to the basement, a covered carport, and ample driveway parking, this property provides maximum convenience for both homeowners and tenants alike. Don't miss the chance to get into a turn key property!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-04 | 2024-12-04 | 63 | $580,000 | - | Suspended |
2020-07-20 | 2020-07-28 | 9 | $434,900 | $445,000 | Sold |
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Property Details
Street
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1100-1500
Lot Size
55' x 120'
Fronting
North
Taxes
$4,167 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Carport
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Welland Market Statistics
Welland Price Trend
14 Wychwood Rd is a 3-bedroom 2-bathroom home listed for sale at $499,999, which is $140,876 (22.0%) lower than the average sold price of $640,875 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Welland increased by $74,907 (13.2%) compared to the previous 30 day period (December 22 - January 20) and up $90,875 (16.5%) from the same time one year ago.Inventory Change
There were 63 3-bedroom homes listed in Welland over the last 30 days (January 21 - February 19), which is down 6.0% compared with the previous 30 day period (December 22 - January 20) and up 215.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($21,878) (3.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,692 decrease compared to the previous 30 day period (December 22 - January 20) and ($22,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Welland over the last 30 days (January 21 - February 19) stood at 31.7%, up from 23.9% over the previous 30 days (December 22 - January 20) and down from 65.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Welland stood at 54 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Union Capital Realty
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