59 Downriver Dr
Welland, L3B 0M4
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 |
|---|---|---|---|---|---|
| 2024-09-18 | 2024-11-20 | 63 | $722,990 | - | Terminated |
| 2023-09-25 | 2023-12-25 | 91 | $851,990 | - | Expired |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
27' x 92'
Fronting
South
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Great Rm | Main | 11.48' x 19.65' | |
| Breakfast | Main | 12.30' x 10.66' | |
| Kitchen | Main | 11.32' x 8.99' | |
| Br | 2nd | 9.84' x 12.99' | |
| 2nd Br | 2nd | 10.99' x 9.97' | |
| 3rd Br | 2nd | 10.99' x 9.32' | |
| 4th Br | 2nd | 8.99' x 9.48' |
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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 $157,137 (27.8%) higher than the average sold price of $565,853 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 4 bedroom home in Welland declined by $38,938 (6.4%) compared to the previous 30 day period (September 24 - October 23) and down $209,147 (27.0%) from the same time one year ago.Inventory Change
There were 17 4-bedroom homes listed in Welland over the last 30 days (October 24 - November 22), which is down 22.7% compared with the previous 30 day period (September 24 - October 23) and up 13.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold ($11,439) (2.0%) below asking price over the last 30 days (October 24 - November 22), which represents a $5,011 increase compared to the previous 30 day period (September 24 - October 23) 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 24 - November 22) stood at 1,141.2%, up from 54.5% over the previous 30 days (September 24 - October 23) and up from 46.7% 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 28 days when successfully sold over the last 30 days (October 24 - November 22), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Tfn Realty Inc.
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