537 Wright St
Welland, L3B 2K6
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2
BEDROOMS2
BATHROOMS1
KITCHENS4 + 1
ROOMSX3947922
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Property Description
Solid Brick Home In Convenient Location In Peaceful Welland. You Won't Find A Better Value In The Price Range! Perfect For Retirement Or For The 1st Time Home Buyer. Home Is In Need Of Some Tlc.. Put In Some Sweat Equity And See Immediate Financial Growth. Home Has 2 Bedrooms And 1 Bath Up, 1 Bedroom And 2 Bath Down Plus A Rec Room With Fireplace.
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Extras
Inclusions:Fridge, Stove, Washer/Dryer, Window Coverings And All Elf's
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
40' x 110'
Fronting
East
Taxes
$1,786 (2017)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
None
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Welland Market Statistics
Welland Price Trend
537 Wright St is a 2-bedroom 2-bathroom home listed for sale at $224,900, which is $275,433 (55.0%) lower than the average sold price of $500,333 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $74,013 (12.9%) compared to the previous 30 day period (February 25 - March 25) and down $179,167 (26.4%) from the same time one year ago.Inventory Change
There were 15 2-bedroom homes listed in Welland over the last 30 days (March 26 - April 24), which is up 50.0% compared with the previous 30 day period (February 25 - March 25) and up 36.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($11,500) (2.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $7,923 increase compared to the previous 30 day period (February 25 - March 25) and ($5,000) 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 26 - April 24) stood at 80.0%, down from 130.0% over the previous 30 days (February 25 - March 25) 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 2-bathroom home in Welland stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Quantum Realty Inc., Brokerage
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