18 Forks Rd E
Welland, L3B 5K1
FOR SALE
$499,999
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Property Description
Detached, No Sharing. Attention Potential Buyers! Discover this Charming 2-Storey Home with 3 Bedrooms and 1 Bathroom, Freshly Renovated and Nestled in a Vibrant Community by the Welland Canal. Perfectly Situated for those seeking proximity to Niagara College. Don't Miss Out on this Unique Buying Opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-02 | 2024-09-14 | 74 | $1,699 | - | Suspended |
| 2024-04-28 | 2024-06-21 | 54 | $1,650 | - | Terminated |
| 2024-01-31 | 2024-04-11 | 71 | $399,000 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
40' x 125'
Acreage
< .50
Fronting
South
Taxes
$2,093 (2024)
Basement
Crawl Space, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Welland Market Statistics
Welland Price Trend
18 Forks Rd E is a 3-bedroom 1-bathroom home listed for sale at $499,999, which is $78,675 (18.7%) higher than the average sold price of $421,324 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Welland declined by $28,370 (6.3%) compared to the previous 30 day period (November 19 - December 18) and down $115,342 (21.5%) from the same time one year ago.Inventory Change
There were 65 3-bedroom homes listed in Welland over the last 30 days (December 19 - January 17), which is up 195.5% compared with the previous 30 day period (November 19 - December 18) and up 400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($4,795) (1.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $988 increase compared to the previous 30 day period (November 19 - December 18) and ($21,033) 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 (December 19 - January 17) stood at 253.8%, down from 472.7% over the previous 30 days (November 19 - December 18) and up from 69.2% 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 21 days when successfully sold over the last 30 days (December 19 - January 17), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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