262 First Ave
Welland, L3C 1Y8
FOR SALE
$579,900
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BEDROOMS2
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Property Description
4 Bedroom 2 Bathroom 4 Level Backsplit on large corner lot with long driveway! Updated luxury vinyl floors throughout the open concept, living room, and dining room. Updated kitchen with quartz counters and under-mount sink. 3 Bedrooms upstairs and 4PC bath. Lower level features large windows and private separate entrance, 4th bedroom, large recreation room and basement level with tons of storage and a workshop. Large private fully fenced backyard. Updated high efficiency furnace, most windows updated 2009. Kitchen updated 2022. Luxury vinyl flooring updated 2022. Huge asphalt driveway offering parking for 8 cars. Incredible location short walking distance to Niagara college, elementary schools, shopping, parks, transit, easy highway access.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-10 | 2024-10-03 | 85 | $579,900 | - | Terminated |
| 2024-07-11 | 2024-10-06 | 87 | $579,900 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1100-1500
Lot Size
55' x 127'
Fronting
East
Taxes
$3,518 (2024)
Basement
Sep Entrance, Walk-Up
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.01' x 12.17' | |
| Dining | Main | 9.51' x 9.42' | |
| Kitchen | Main | 8.43' x 10.33' | |
| Prim Bdrm | 2nd | 14.93' x 10.07' | |
| Br | 2nd | 11.91' x 8.92' | |
| Br | 2nd | 8.99' x 8.99' | |
| Rec | Lower | 15.16' x 16.67' | |
| Br | Lower | 6.99' x 10.99' | |
| Other | Bsmt | 5.09' x 9.42' | |
| Laundry | Bsmt | 20.01' x 10.01' | |
| Workshop | Bsmt | 15.68' x 10.76' |
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Welland Market Statistics
Welland Price Trend
262 First Ave is a 3-bedroom 2-bathroom home listed for sale at $579,900, which is $61,306 (11.8%) higher than the average sold price of $518,594 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 3 bedroom home in Welland declined by $110,572 (17.6%) compared to the previous 30 day period (September 23 - October 22) and down $24,781 (4.6%) from the same time one year ago.Inventory Change
There were 39 3-bedroom homes listed in Welland over the last 30 days (October 23 - November 21), which is up 11.4% compared with the previous 30 day period (September 23 - October 22) and up 39.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($10,703) (2.1%) below asking price over the last 30 days (October 23 - November 21), which represents a $3,390 increase compared to the previous 30 day period (September 23 - October 22) and ($19,231) 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 23 - November 21) stood at 2,353.8%, up from 145.7% over the previous 30 days (September 23 - October 22) and up from 28.6% 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 21 days when successfully sold over the last 30 days (October 23 - November 21), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd.
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