59 DOWNRIVER Dr
774 - Dain City, Welland, L3B 5K5
FOR SALE
$722,990
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Property Description
Empire Express Homes presents the "Belfountain" Model a 2-Storey Detached Home. Nestled in the Niagara region near the Welland Canal, Empire Canals is the epitome of fulfilled community living. The area boasts boardwalks, trails, and the nearby shores of Lake Erie, making the dream of a water-inspired lifestyle a reality. Canals close proximity to Welland and Port Colborne, the U.S. border, the shores of Lake Erie, and popular regional destinations such as Niagara Falls and the Niagara wine region means countless opportunities to navigate life your way.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-25 | 2023-12-25 | 91 | $851,990 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
27' x 92'
Acreage
< .50
Fronting
North
Basement
Part Bsmt, Unfinished
Exterior
Brick
Heat Type
None
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Welland Market Statistics
Welland Price Trend
59 DOWNRIVER Dr is a 4-bedroom 3-bathroom home listed for sale at $722,990, which is $153,824 (27.0%) higher than the average sold price of $569,166 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Welland increased by $1,666 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $205,834 (26.6%) from the same time one year ago.Inventory Change
There were 19 4-bedroom homes listed in Welland over the last 30 days (October 21 - November 19), which is down 13.6% compared with the previous 30 day period (September 21 - October 20) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold ($11,883) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,893 decrease compared to the previous 30 day period (September 21 - October 20) and ($14,999) 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 4-bedroom homes in Welland over the last 30 days (October 21 - November 19) stood at 1,057.9%, up from 22.7% over the previous 30 days (September 21 - October 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 4-bedroom 3-bathroom home in Welland stood at 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 78 days before being removed from the market upon being suspended or terminated.Listing contracted with Tfn Realty Inc., Brokerage
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