16 Albert St
Welland, L3B 4L2
FOR SALE
$299,000
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BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSX9416244
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Property Description
Nestled in the downtown neighbourhood of Welland, this detached home was just completed renovated offering a blend of comfort and sophistication. Boasting a spacious layout spanning just under 1500 square feet, it features three generously sized bedrooms and a 4-piece bathroom, ensuring ample space for relaxation, work, and play for your family. The tasteful updates throughout the home, including vinyl plank flooring and abundant natural light, create an inviting ambiance in the open-concept living area. Convenience is key with a main floor laundry room, while the fully renovated bathroom upstairs adds a touch of modern elegance. The detached 650 square foot garage, cleverly converted into additional living space, presents endless possibilities for extra income, a home office, or a personal gym complete with a full kitchen, 2 bedrooms and a full bathroom. The property is situated just steps away from downtown, this home offers easy access to schools, shopping centres, parks, and major highways.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-10 | 2024-07-19 | 70 | $448,800 | - | Terminated |
Property Features
Clear View, Hospital, Other, Park, River/Stream, School
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
29' x 132'
Acreage
< .50
Lot Irregularities
132.11 x 29.23 x 40.05 x 4.54 x 88.78
Fronting
North
Taxes
$2,214 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.99' x 10.01' | Vinyl Floor, Window, Open Concept |
| Dining | Main | 11.58' x 10.50' | Vinyl Floor, Window, Combined W/Kitchen |
| Kitchen | Main | 12.17' x 15.32' | Vinyl Floor, Modern Kitchen, Window |
| Sitting | Main | 5.91' x 16.99' | Window, Vinyl Floor |
| Laundry | Main | 6.23' x 7.09' | Vinyl Floor, Window, Closet |
| Prim Bdrm | 2nd | 12.24' x 15.32' | Vinyl Floor, Window |
| Br | 2nd | 12.01' x 8.33' | Vinyl Floor, Window |
| Br | 2nd | 10.83' x 10.40' | Vinyl Floor, Window |
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Welland Market Statistics
Welland Price Trend
16 Albert St is a 3-bedroom 1-bathroom home listed for sale at $299,000, which is $223,692 (42.8%) lower than the average sold price of $522,692 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Welland declined by $72,211 (12.1%) compared to the previous 30 day period (September 22 - October 21) and down $45,593 (8.0%) from the same time one year ago.Inventory Change
There were 41 3-bedroom homes listed in Welland over the last 30 days (October 22 - November 20), which is up 24.2% compared with the previous 30 day period (September 22 - October 21) and up 64.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($10,938) (2.1%) below asking price over the last 30 days (October 22 - November 20), which represents a $3,736 increase compared to the previous 30 day period (September 22 - October 21) and ($16,614) 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 (October 22 - November 20) stood at 2,280.5%, up from 93.9% over the previous 30 days (September 22 - October 21) and up from 28.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Welland stood at 20 days when successfully sold over the last 30 days (October 22 - November 20), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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