22 Fernwood Terr

Welland, L3C 2R8
FOR SALE
$799,000
22 Fernwood Terr, Welland
22 Fernwood Terr
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4 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
12
ROOMS
X9381890
MLSID
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Property Description
Top To Bottom Fully Renovated Home On Quiet Cul-De-Sac In Convenient North Welland Location.Walking Distance To College & All Amenities, No Sidewalks. Formal Dining Room & Spacious Living Room accented By Large windows. Open Concept Kitchen with Breakfast Area. New S/S Appliance, Quartz Countertop, Under Cabinet Lights. Family Room with Fireplace, Bar Area, Wonderful Space For Entertaining.Two Bedroom Basement With Separate Entrance.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-30 2022-11-04 35 $1,179,000 - Terminated
2021-06-30 2021-07-02 2 $749,000 $750,100 Sold
2021-06-24 2021-06-30 6 $699,000 - Terminated
Extras
Large Master Bedroom with 5Pc Ensuite & Closet Area.1 Bedroom with Balcony. Separate Entrance Basement with two Bedrooms.
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
56' x 111'
Fronting
South
Taxes
$5,809 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.34' x 23.26'Hardwood Floor
DiningMain12.24' x 14.34'Hardwood Floor
KitchenMain18.01' x 14.34'Tile Floor, Stainless Steel Appl
FamilyMain13.25' x 20.18'Laminate
Prim Bdrm2nd12.34' x 18.01'Laminate
Br2nd11.84' x 12.24'Laminate
Br2nd12.24' x 14.34'Laminate
Br2nd10.01' x 12.34'Laminate
KitchenBsmt10.60' x 14.34'
Welland Market Statistics
Welland Price Trend
22 Fernwood Terr is a 4-bedroom 4-bathroom home listed for sale at $799,000, which is $233,247 (41.2%) higher than the average sold price of $565,753 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in Welland declined by $48,647 (7.9%) compared to the previous 30 day period (September 22 - October 21) and down $209,247 (27.0%) from the same time one year ago.
Inventory Change
There were 19 4-bedroom homes listed in Welland over the last 30 days (October 22 - November 20), which is down 5.0% compared with the previous 30 day period (September 22 - October 21) and up 35.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold ($11,736) (2.1%) below asking price over the last 30 days (October 22 - November 20), which represents a $3,770 increase compared to the previous 30 day period (September 22 - October 21) 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 22 - November 20) stood at 1,036.8%, up from 45.0% over the previous 30 days (September 22 - October 21) 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 4-bathroom home in Welland stood at 28 days when successfully sold over the last 30 days (October 22 - November 20), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd
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