361 Simpson Ave

Welland, L3B 4Z1
FOR SALE
$449,900
361 Simpson Ave, Welland
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
361 Simpson Ave
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
X9269797
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Property Description
Welcome to 361 Simpson Ave, the perfect home for a young family or investor. Inside you'll find 2 spacious bedrooms, 2 large bathrooms, one of which is an en suite to the master bedroom, stone countertops + dishwasher in the kitchen, stacked laundry, and a ductless system powered by a heat pump to save on heating and cooling. Attic floors have been finished with carpet, and the space offers plenty of additional utility as a potential 3rd bedroom, office, or storage. The large shed in the backyard has a ton of potential as a workshop, studio, extra living space, or bunkie. Fresh sod has been added to the yard, enhancing the outdoor space. Nothing to do inside but turn the key and get going!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-18 2024-06-25 7 $299,900 - Terminated
2024-05-14 2024-06-18 35 $425,000 - Terminated
2024-04-10 2024-05-14 34 $449,900 - Terminated
2024-03-20 2024-04-10 21 $474,900 - Terminated
2021-05-13 2021-05-21 8 $299,900 $309,000 Sold
Property Details
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 100'
Acreage
< .50
Fronting
South
Taxes
$1,634 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain8.01' x 10.99'
BrMain4.99' x 10.01'
BathroomMain4.99' x 6.99'4 Pc Bath
BathroomMain6.00' x 4.99'3 Pc Bath
DiningMain6.99' x 4.99'
LivingMain6.99' x 6.00'
KitchenMain6.99' x 4.00'
FoyerMain4.99' x 4.99'
Loft2nd20.01' x 10.01'
Welland Market Statistics
Welland Price Trend
361 Simpson Ave is a 2-bedroom 2-bathroom home listed for sale at $449,900, which is $23,782 (5.0%) lower than the average sold price of $473,682 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $1,988 (0.4%) compared to the previous 30 day period (July 22 - August 20) and down $172,568 (26.7%) from the same time one year ago.
Inventory Change
There were 14 2-bedroom homes listed in Welland over the last 30 days (August 21 - September 19), which is up 27.3% compared with the previous 30 day period (July 22 - August 20) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($9,687) (2.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $119 decrease compared to the previous 30 day period (July 22 - August 20) and ($8,200) 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 (August 21 - September 19) stood at 1,978.6%, down from 5,018.2% over the previous 30 days (July 22 - August 20) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Welland stood at 24 days when successfully sold over the last 30 days (August 21 - September 19), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Complete Realty
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