1174 Spears Rd

FOR SALE
$1,399,000
1174 Spears Rd, Fort Erie
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 5
ROOMS
X11919935
MLSID
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Property Description
Amazing home in Excellent location near the QEW, Shopping and US border. 3 + 2 bedroom Bungalow finished top to bottom. This home has MANY upgrades you will not find in homes at this price point. Lifetime diamond shape metal roof, ICF foundation, 3 car insulated garage, separate walk out to basement, huge covered rear deck. 9 ft ceilings on main floor, 10 ft tray ceilings in LR & DR. 9 ft basement height. Engineered hardwood throughout main level. 46 inch linear gas fireplace, Quartz Double waterfall edge on oversized kitchen island, glass wine display, 12 ft double sliding patio door to covered porch. 4 zone sound system, 7 camera security system, fully finished basement with 2 addition bedrooms, 5 piece bath and huge rec room w/ gas fireplace. Primary ensuite and basement bathroom have heated flooring. Outdoor wooden Sauna is included. 4 years remaining on Tarion warranty. Quartz countertops in all bathrooms. Newly finished concrete/aggregate driveway. Beautiful home, you will NOT find another like this one. **Listing agent is related to sellers. Purchase price shall include a 10.01 m x 12.19 m parcel at the rear of property
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-18 2024-07-10 83 $1,495,000 - Expired
2024-04-18 2024-07-10 83 $1,495,000 - Expired
2023-03-31 2023-04-22 22 $1,149,850 $1,050,000 Sold
2022-09-30 2023-04-26 208 $1,149,800 - Terminated
Extras
Purchase price shall include a 10.01 m x 12.19 m parcel at the rear of property
Property Features
Beach, Fenced Yard, Lake/Pond, School
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
60' x 176'
Acreage
< .50
Fronting
East
Taxes
$5,940 (2024)
Basement
Apartment, W/O
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain6.50' x 10.33'
KitchenMain12.34' x 15.32'B/I Appliances, Custom Backsplash
LivingMain16.34' x 17.65'W/O To Deck, Built-In Speakers, Crown Moulding
DiningMain9.51' x 17.65'
Prim BdrmMain14.99' x 18.01'5 Pc Ensuite, W/I Closet
2nd BrMain13.32' x 13.68'
3rd BrMain10.33' x 11.32'
4th BrLower14.57' x 9.58'
5th BrLower9.51' x 14.50'
RecLower30.51' x 29.00'W/O To Yard, Fireplace, Walk-Out
BathroomLower8.30' x 12.50'5 Pc Bath, Heated Floor
BathroomMain10.66' x 12.66'5 Pc Ensuite, Heated Floor, Soaker
Fort Erie Market Statistics
Fort Erie Price Trend
1174 Spears Rd is a 3-bedroom 3-bathroom home listed for sale at $1,399,000, which is $914,359 (188.7%) higher than the average sold price of $484,641 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Fort Erie declined by $45,879 (8.6%) compared to the previous 30 day period (November 19 - December 18) and down $75,359 (13.5%) from the same time one year ago.
Inventory Change
There were 44 3-bedroom homes listed in Fort Erie over the last 30 days (December 19 - January 17), which is up 388.9% compared with the previous 30 day period (November 19 - December 18) and up 300.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Fort Erie typically sold ($12,254) (2.5%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,546 increase compared to the previous 30 day period (November 19 - December 18) and ($15,000) 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 3-bedroom homes in Fort Erie over the last 30 days (December 19 - January 17) stood at 240.9%, down from 811.1% over the previous 30 days (November 19 - December 18) and up from 81.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Fort Erie stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 112 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Nrc Realty
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