385 Fitch St
Welland, L3C 4W7
FOR SALE
$699,900

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Property Description
Rock solid custom-built single-owner 3 Bedroom 2 bathroom brick bungalow in the heart of West Welland. Finished lower-level features massive family room with brick fireplace, very large second kitchen and a second entrance for potential in-law suite or rental unit. Located close to schools, shopping and amenities this property is ready to be customized into the perfect family home or a unique and perfectly located investment opportunity.
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Property Details
Street
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
60' x 125'
Fronting
South
Taxes
$5,087 (2025)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Garage Type
Attached
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Welland Market Statistics
Welland Price Trend
385 Fitch St is a 3-bedroom 2-bathroom home listed for sale at $699,900, which is $59,025 (9.2%) higher than the average sold price of $640,875 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Welland increased by $74,907 (13.2%) compared to the previous 30 day period (December 22 - January 20) and up $90,875 (16.5%) from the same time one year ago.Inventory Change
There were 63 3-bedroom homes listed in Welland over the last 30 days (January 21 - February 19), which is down 6.0% compared with the previous 30 day period (December 22 - January 20) and up 215.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($21,878) (3.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,692 decrease compared to the previous 30 day period (December 22 - January 20) and ($22,900) 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 (January 21 - February 19) stood at 31.7%, up from 23.9% over the previous 30 days (December 22 - January 20) and down from 65.0% 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 54 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Advantage Real Estate Inc, Brokerage
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