397 Hennepin Ave
773 - Lincoln/Crowland, Welland, L3B 4T4
FOR SALE
$427,500

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BEDROOMS1
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Property Description
STEP INTO THIS ABSOLUTE CHARMER! FULLY MOVE-IN CONDITION, THIS HOME FEATURES SPACIOUS LIVING ROOM AND KITCHEN 2 BEDROOMS ON THE MAIN AND 3RD AS A LOFT BEDROOM. FRESH DECOR INCLUDES , PAINT, FLOORING, DOORS, WINDOWS THROUGHOUT. PERFECT FOR FIRST-TIME BUYERS, THIS GEM IS A MUST TO SEE!
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
40' x 100'
Fronting
South
Taxes
$2,381 (2024)
Basement
None
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 36.42' x 75.79' | |
Kitchen | Main | 36.42' x 49.54' | |
Br | Main | 29.86' x 39.04' | |
Laundry | Main | 19.69' x 33.79' | |
2nd Br | Main | 25.26' x 29.53' | |
3rd Br | 2nd | 33.46' x 75.79' |
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Welland Market Statistics
Welland Price Trend
397 Hennepin Ave is a 3-bedroom 1-bathroom home listed for sale at $427,500, which is $213,375 (33.3%) lower 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 1-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 Re/Max Niagara Realty Ltd., Brokerage
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