114 Wallace Ave
Welland, L3B 1R5
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BEDROOMS1
BATHROOMS1
KITCHENS9
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Property Description
Fantastic 2 Bedroom, 1 Bath Bungalow In Welland! Gorgeous Open Concept Space With Neutral Decor. Large Eat In Kitchen With Breakfast Bar And Stainless Steel Appliances. Spacious Master Bedroom With Hardwood Flooring And A Walk-In Closet. The Fully Fenced Backyard Is Great For Entertaining With A New Deck And Patio Stones. The Garage Is Fully Insulated And The Basement Is Framed And The Electrical Is 85% Complete. Welcome Home!
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
34' x 100'
Fronting
West
Taxes
$3,433 (2016)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 12.14' x 8.53' | |
| Master | Main | 15.75' x 11.15' | |
| Kitchen | Main | 25.26' x 13.12' | Combined W/Dining, Combined W/Living |
| Other | Bsmt | 13.12' x 11.48' | Partly Finished |
| Other | Bsmt | 10.83' x 11.15' | Partly Finished |
| Other | Bsmt | 51.18' x 12.14' | Partly Finished |
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Welland Market Statistics
Welland Price Trend
114 Wallace Ave is a 2-bedroom 1-bathroom home listed for sale at $309,900, which is $196,921 (38.9%) lower than the average sold price of $506,821 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $25,269 (4.7%) compared to the previous 30 day period (February 24 - March 24) and down $108,929 (17.7%) from the same time one year ago.Inventory Change
There were 14 2-bedroom homes listed in Welland over the last 30 days (March 25 - April 23), which is up 40.0% compared with the previous 30 day period (February 24 - March 24) and up 40.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($12,907) (2.5%) below asking price over the last 30 days (March 25 - April 23), which represents a $5,620 increase compared to the previous 30 day period (February 24 - March 24) and ($4,950) 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 2-bedroom homes in Welland over the last 30 days (March 25 - April 23) stood at 100.0%, down from 110.0% over the previous 30 days (February 24 - March 24) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Welland stood at 19 days when successfully sold over the last 30 days (March 25 - April 23), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Complete Realty, Brokerage
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