416 Deere St

Welland, L3B 2L8
FOR SALE
$525,000
416 Deere St, Welland
416 Deere St
416 Deere St
416 Deere St
416 Deere St
416 Deere St
416 Deere St
416 Deere St
416 Deere St
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416 Deere St
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416 Deere St
416 Deere St
416 Deere St
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 3
ROOMS
X9382905
MLSID
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Property Description
BUNGALOW W/LOWER IN-LAW ... This charming bungalow offers convenient one-level living and is nestled on a 69 x 88 property at 416 Deere Street in Welland, centrally located to shopping, dining, the Welland Canal, medical care and just blocks from the hospital. Covered porch leads into the bright, updated main level offering an open concept living room with crown moulding, dining room, and kitchen with handy laundry and access to the back yard. Two bedrooms and a 4-pc bath complete the level. LOWER LEVEL features a one-bedroom, one-bathroom in-law suite with an eat-in kitchen opening to living room. Basement could use buyers TLC. BONUS Attic area could be finished as an additional two bedrooms! Big, fully fenced yard with lots of room, above ground POOL, and detached garage. Driveway offers parking for 6 (big enough to fit an RV PLUS cars!). GREAT OPPORTUNITY! CLICK ON MULTIMEDIA for video tour, drone photos, floor plans & more.
Property Features
Hospital, Park, Public Transit, Rec Centre, River/Stream, School
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
69' x 88'
Acreage
< .50
Fronting
West
Taxes
$2,165 (2024)
Basement
Full, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain10.40' x 11.58'Crown Moulding
DiningMain10.40' x 11.25'
KitchenMain13.75' x 9.51'Double Sink, Combined W/Laundry
BathroomMain5.74' x 6.50'4 Pc Bath
BrMain10.40' x 11.25'
BrMain11.68' x 10.40'
LivingBsmt9.91' x 11.52'
KitchenBsmt10.40' x 9.91'
BrBsmt9.58' x 11.52'
BathroomBsmt4.76' x 8.43'4 Pc Bath
UtilityBsmt5.58' x 8.43'
Welland Market Statistics
Welland Price Trend
416 Deere St is a 2-bedroom 2-bathroom home listed for sale at $525,000, which is $54,343 (11.5%) 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 2-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 Re/Max Escarpment Realty Inc.,
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