78 SILVERWOOD Ave

Welland, L3C 0C3
FOR SALE
$699,000
78 SILVERWOOD Ave, Welland
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
78 SILVERWOOD Ave
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2 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 2
ROOMS
X11602575
MLSID
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Property Description
Welcome to 78 Silverwood Avenue in the growing community of Welland! This charming bungalow, built in 2016, offers a blend of modern design and comfort with 2+2 bedrooms and 3 full bathrooms. Step inside to an open-concept main floor with vaulted ceilings, featuring a spacious kitchen equipped with stainless steel appliances, perfect for family gatherings or entertaining. The primary suite offers a private ensuite, while a second bedroom and full bathroom complete the main level. Downstairs, the partially finished basement provides two additional bedrooms and a full bathroom, offering flexibility for extra living space or future customization. With a private driveway, attached garage, and a well-sized yard, this property offers both convenience and outdoor enjoyment. Located in a highly sought after family-friendly neighbourhood, you'll be close to schools, a golf course, parks, and all essential amenities. This home is perfect for families, professionals, or anyone looking for a peaceful retreat.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-21 2024-11-30 9 $729,000 - Terminated
2024-10-10 2024-11-21 42 $729,000 - Terminated
Property Features
Golf, Park, Place Of Worship, School
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 102'
Acreage
< .50
Fronting
East
Taxes
$5,538 (2024)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
2
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Great RmMain12.83' x 14.93'Electric Fireplace, Vaulted Ceiling
KitchenMain9.09' x 12.83'Vaulted Ceiling
Prim BdrmMain12.50' x 12.99'Coffered Ceiling, W/I Closet
BathroomMain12.50' x 12.99'4 Pc Bath, Coffered Ceiling, W/I Closet
DiningMain9.51' x 12.17'Laminate
BrMain9.68' x 10.40'
OtherBsmt12.50' x 11.91'
BrBsmt16.01' x 30.09'
Welland Market Statistics
Welland Price Trend
78 SILVERWOOD Ave is a 2-bedroom 3-bathroom home listed for sale at $699,000, which is $231,254 (49.4%) higher than the average sold price of $467,746 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $45,227 (8.8%) compared to the previous 30 day period (October 4 - November 2) and down $72,254 (13.4%) from the same time one year ago.
Inventory Change
There were 16 2-bedroom homes listed in Welland over the last 30 days (November 3 - December 2), which is up 45.5% compared with the previous 30 day period (October 4 - November 2) and up 45.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($8,801) (1.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $6,863 increase compared to the previous 30 day period (October 4 - November 2) and ($19,900) 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 2-bedroom homes in Welland over the last 30 days (November 3 - December 2) stood at 2,543.8%, up from 190.9% over the previous 30 days (October 4 - November 2) and up from 45.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Welland stood at 33 days when successfully sold over the last 30 days (November 3 - December 2), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Golfi Realty Inc.
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