28 Richmond St
Welland, L3B 5L6
FOR SALE
$589,000
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Property Description
Welcome to 28 Richmond in peaceful Dain City (Welland). for the FIRST TIME on the market, this spacious side-split sits on a quarter acre lot, in a quiet community with NO REAR NEIGHBOURS. This 3-bedroom home boasts newly refinished hardwood floors, fresh paint throughout, and loads of shared living space for families both big and small. Loads of room for storage with the unfinished lower level, single car garage, and large shed in the private rear yard. ROOF approx. 6 years old, FURNACE 2016, UPDATED Panel and wiring, with room to spare to build sweat equity while living comfortably. A terrific opportunity for a FIRST-TIME BUYER, MOVE-UP BUYER, or LONG-TERM INVESTOR. Dain City is Welland's best kept secret, so jump on this one before the word gets out!
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Property Details
Street
City
Property Type
Detached, Sidesplit 3
Lot Size
70' x 39'
Fronting
East
Taxes
$3,230 (2024)
Basement
Full, Part Fin
Exterior
Board/Batten, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.75' x 14.76' | |
| Dining | Main | 10.24' x 9.09' | |
| Kitchen | Main | 9.91' x 10.50' | |
| Foyer | Main | 10.33' x 9.09' | |
| Sunroom | Main | 13.58' x 19.09' | |
| Prim Bdrm | 2nd | 11.84' x 9.84' | |
| Br | 2nd | 11.75' x 9.84' | |
| Br | 2nd | 9.68' x 8.76' | |
| Family | Lower | 25.10' x 19.49' | |
| Other | Bsmt | 11.84' x 12.66' | |
| Other | Bsmt | 16.01' x 19.75' |
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Welland Market Statistics
Welland Price Trend
28 Richmond St is a 3-bedroom 2-bathroom home listed for sale at $589,000, which is $41,663 (6.6%) lower than the average sold price of $630,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Welland increased by $38,945 (6.6%) compared to the previous 30 day period (September 1 - September 30) and up $36,433 (6.1%) from the same time one year ago.Inventory Change
There were 36 3-bedroom homes listed in Welland over the last 30 days (October 1 - October 30), which is down 28.0% compared with the previous 30 day period (September 1 - September 30) and up 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($18,585) (2.9%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,592 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,092) less 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 1 - October 30) stood at 136.1%, up from 32.0% over the previous 30 days (September 1 - September 30) and up from 46.4% 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 29 days when successfully sold over the last 30 days (October 1 - October 30), 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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