490 Silverwood Ave

Welland, L3C 0C6
FOR SALE
$1,179,900
490 Silverwood Ave, Welland
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
490 Silverwood Ave
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
10
ROOMS
X8161662
MLSID
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Property Description
Welcome to 490 Silverwood Ave situated on the best location of Welland where no old houses are around having 4 Bedrooms 1 office room 1 exercise room and 3.5 wahrooms. 3240 Sq ft Biggest lot (50 ft) of the sub division with double car garage and 6 parking in the driveway. Fenced backyard, Wired for electric vehicles.High end appliances with gas stove. california shutters. 9 Ft ceiling on main floor. Expose concrete walkway upto backyard.EXTENDED DRIVEWAY IS APPROVED BY CITY OF WELLAND.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-15 2024-03-15 182 $1,149,000 - Expired
2020-10-16 2020-11-16 32 $769,000 $755,000 Sold
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
50' x 112'
Acreage
< .50
Fronting
South
Taxes
$8,312 (2023)
Basement
Unfinished
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain17.81' x 11.42'Eat-In Kitchen, California Shutters, Ceramic Floor
LivingMain17.81' x 14.11', California Shutters, Hardwood Floor
DiningMain14.11' x 12.99', California Shutters, Hardwood Floor
FamilyMain11.52' x 11.45'4 Pc Bath, California Shutters, Hardwood Floor
Prim Bdrm2nd17.95' x 11.15'5 Pc Bath, California Shutters
2nd Br2nd15.49' x 14.83'4 Pc Bath, California Shutters
3rd Br2nd12.53' x 10.99'4 Pc Bath, California Shutters
4th Br2nd12.24' x 11.35', California Shutters
Office2nd12.24' x 11.35', California Shutters, Hardwood Floor
Exercise2nd12.20' x 9.88', California Shutters
LaundryMain11.38' x 7.61', California Shutters, Ceramic Floor
Welland Market Statistics
Welland Price Trend
490 Silverwood Ave is a 4-bedroom 4-bathroom home listed for sale at $1,179,900, which is $407,734 (52.8%) higher than the average sold price of $772,166 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 4 bedroom home in Welland increased by $49,666 (6.9%) compared to the previous 30 day period (February 27 - March 27) and up $74,166 (10.6%) from the same time one year ago.
Inventory Change
There were 18 4-bedroom homes listed in Welland over the last 30 days (March 28 - April 26), which is down 18.2% compared with the previous 30 day period (February 27 - March 27) and up 80.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold ($11,100) (1.4%) below asking price over the last 30 days (March 28 - April 26), which represents a $7,900 increase compared to the previous 30 day period (February 27 - March 27) and ($9,900) 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 4-bedroom homes in Welland over the last 30 days (March 28 - April 26) stood at 83.3%, up from 63.6% over the previous 30 days (February 27 - March 27) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Welland stood at 18 days when successfully sold over the last 30 days (March 28 - April 26), compared to 158 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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