304 Wallace Ave S

Welland, L3B 1R9
FOR SALE
$479,999
304 Wallace Ave S, Welland
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
304 Wallace Ave S
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X10409667
MLSID
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Property Description
Better Than Condo Living!! Freshly Renovated, Gorgeous, Bright, Move-In Ready Unit, Close to the Hospital, in the Heart of Welland. Ideal for Investors and First Time Buyers. No Carpet in the Whole House. New Washroom, Large Kitchen. Partially Finished Basement with New Washer & Dryer. Generous-Sized Lot, New Driveway.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-06 2024-07-13 8 $249,900 $335,000 Sold
Extras
Brand New Appliances, All Under Warranty - Fridge, Washer & Dryer, Dishwasher, Stove. All ELFs And Window Coverings.
Property Features
Fenced Yard, Hospital, Library, Park, Public Transit, School
Property Details
Property Type
Detached, Bungalow
Lot Size
45' x 100'
Acreage
< .50
Fronting
West
Taxes
$2,471 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain13.48' x 11.32'
BrMain9.58' x 9.32'
BathroomMain7.58' x 5.58'
FoyerMain8.60' x 6.99'
LivingMain14.17' x 11.52'
KitchenMain9.25' x 15.16'
FoyerMain3.58' x 2.99'
OtherBsmt19.26' x 29.59'
OtherBsmt13.42' x 4.17'
Welland Market Statistics
Welland Price Trend
304 Wallace Ave S is a 2-bedroom 1-bathroom home listed for sale at $479,999, which is $9,342 (2.0%) higher than the average sold price of $470,657 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $41,343 (8.1%) compared to the previous 30 day period (September 21 - October 20) and down $9,343 (1.9%) from the same time one year ago.
Inventory Change
There were 13 2-bedroom homes listed in Welland over the last 30 days (October 21 - November 19), which is up 8.3% compared with the previous 30 day period (September 21 - October 20) and up 44.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($8,750) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $450 increase compared to the previous 30 day period (September 21 - October 20) and ($24,950) 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 2-bedroom homes in Welland over the last 30 days (October 21 - November 19) stood at 3,200.0%, up from 58.3% over the previous 30 days (September 21 - October 20) and up from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Welland stood at 29 days when successfully sold over the last 30 days (October 21 - November 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Flower City Realty
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