306 Netherby Rd

Welland, L2B 5N7
FOR SALE
$739,900
306 Netherby Rd, Welland
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
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Property Description
An opportunity not to miss! A 3.58-acre property in Welland, zoned GEC (Gateway Economic Center), with a wide range of permitted uses. Hobby farm, light industrial, your choice- your vision and your unlimited imagination! A two-bedroom plus one-bath bungalow with a detached garage, a barn a shed and a pond. Renovate or Rebuild! A charming country setting awaits your vision!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-01 2024-06-14 74 $989,000 - Terminated
2024-09-06 2024-11-05 60 $739,900 - Expired
2024-06-17 2024-08-31 75 $879,900 - Expired
2020-09-16 2020-10-02 16 $549,900 $555,000 Sold
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
< 700
Lot Size
188' x 124'
Fronting
North
Taxes
$4,185 (2024)
Basement
Full, Unfinished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
6
Garage Type
Detached
Welland Market Statistics
Welland Price Trend
306 Netherby Rd is a 2-bedroom 1-bathroom home listed for sale at $739,900, which is $145,936 (24.6%) higher than the average sold price of $593,964 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Welland increased by $133,714 (29.1%) compared to the previous 30 day period (December 22 - January 20) and up $120,814 (25.5%) from the same time one year ago.
Inventory Change
There were 25 2-bedroom homes listed in Welland over the last 30 days (January 21 - February 19), which is down 7.4% compared with the previous 30 day period (December 22 - January 20) and up 127.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($16,628) (2.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,916 decrease compared to the previous 30 day period (December 22 - January 20) and ($13,750) 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 2-bedroom homes in Welland over the last 30 days (January 21 - February 19) stood at 56.0%, up from 29.6% over the previous 30 days (December 22 - January 20) and down from 90.9% 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 52 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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