159 Port Cres
Welland, L3B 5K5
FOR SALE
$1,099,000
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Property Description
Experience contemporary comfort in this newly built 36' Aurora model a detached home in the up-and-coming Empire Canals community in Welland. Offering 2,640 sq ft, this 4-bedroom home with amedia loft and 3 bathrooms includes a double-car garage and nearly $80,000 in premium upgrades. Thelarge, unfinished basement offers endless possibilities. Nestled between the Welland Canal and the shores of Lake Erie, this home is surrounded by the natural beauty of the Niagara Region.
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
36' x 98'
Acreage
< .50
Fronting
North
Taxes
$2,200 (2024)
Basement
Unfinished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Welland Market Statistics
Welland Price Trend
159 Port Cres is a 4-bedroom 3-bathroom home listed for sale at $1,099,000, which is $529,834 (93.1%) higher than the average sold price of $569,166 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Welland increased by $1,666 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $205,834 (26.6%) from the same time one year ago.Inventory Change
There were 19 4-bedroom homes listed in Welland over the last 30 days (October 21 - November 19), which is down 13.6% compared with the previous 30 day period (September 21 - October 20) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold ($11,883) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,893 decrease compared to the previous 30 day period (September 21 - October 20) and ($14,999) 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 4-bedroom homes in Welland over the last 30 days (October 21 - November 19) stood at 1,057.9%, up from 22.7% over the previous 30 days (September 21 - October 20) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Welland stood at 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 78 days before being removed from the market upon being suspended or terminated.Listing contracted with Circle Real Estate
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