201 Wells Ave
Fort Erie, L0S 1N0
FOR SALE
$760,000
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BEDROOMS3
BATHROOMS1
KITCHENS7
ROOMSX9344567
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Property Description
Welcome to 201 Wells Avenue, Fort Erie! This under-construction linked-detached home features 4 bedrooms and 2.5 bathrooms. With 9-foot ceilings on the main level, hardwood flooring on both the main floor and 2nd floor hallway, this home provides a perfect blend of style and functionality. The property offers a double door entry, a single car garage, and oak stairs leading to the upper levels. Enjoy your morning coffee on the balcony while soaking in the surrounding views. Explore the potential of the unfinished basement, offering ample space for customization to suit your needs. With plenty of natural light, this home creates a bright and welcoming atmosphere. Conveniently located close to all amenities, this property ensures both comfort and accessibility. (Please note that property taxes for this home have not yet been assessed.)
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Property Features
Beach, Park, Public Transit, School
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Property Details
Street
City
Property Type
Link, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
11' x 28'
Acreage
< .50
Fronting
East
Taxes
$1 (2024)
Basement
Unfinished
Exterior
Brick, Stone
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Available
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.99' x 10.99' | Tile Floor, Pantry |
| Great Rm | Main | 21.00' x 15.98' | |
| Study | Main | 10.50' x 11.09' | |
| Prim Bdrm | 2nd | 12.80' x 13.58' | Broadloom, W/I Closet, Balcony |
| 2nd Br | 2nd | 10.50' x 10.79' | Broadloom, Closet |
| 3rd Br | 2nd | 13.19' x 12.17' | Broadloom, Closet |
| 4th Br | 2nd | 11.58' x 11.98' | Broadloom, Closet |
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Fort Erie Market Statistics
Fort Erie Price Trend
201 Wells Ave is a 4-bedroom 3-bathroom home listed for sale at $760,000, which is $167,259 (28.2%) higher than the average sold price of $592,741 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Fort Erie declined by $2,259 (0.4%) compared to the previous 30 day period (July 20 - August 18) and down $307,370 (34.1%) from the same time one year ago.Inventory Change
There were 10 4-bedroom homes listed in Fort Erie over the last 30 days (August 19 - September 17), which is down 0.0% compared with the previous 30 day period (July 20 - August 18) and up 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Fort Erie typically sold ($15,879) (2.7%) below asking price over the last 30 days (August 19 - September 17), which represents a $21 increase compared to the previous 30 day period (July 20 - August 18) and ($24,900) 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 4-bedroom homes in Fort Erie over the last 30 days (August 19 - September 17) stood at 930.0%, down from 950.0% over the previous 30 days (July 20 - August 18) and up from 37.5% 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 Fort Erie stood at 97 days when successfully sold over the last 30 days (August 19 - September 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Hut Realty Inc.
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