3 Driftwood Tr

FOR SALE
$1,175,000
3 Driftwood Tr, Fort Erie
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Property Description
3 Driftwood Trail is an amazing executive-style bungalow designed to provide ultimate comfort, luxury, and functionality. Built in 2015 by award winning Blythwood Homes this home boasts 2200 square feet of bright, open concept, main floor spaces including: a wide foyer; expansive living/ sitting area featuring custom cabinets and gas fireplace; well-appointed kitchen with quartz countertops , walk-in pantry , dining area with French doors leading to a patio; beautiful sunroom with another set of French doors; spacious master bedroom with a 4 piece en-suite bath and a walk-in closet; a second bedroom; a second 3 piece bathroom; office and a laundry room. The lower level encompasses about 850 square feet of finished area which includes family room, another good size bedroom, a storage/closet room, and a 3- piece bathroom. This amazing home features hardwood floors throughout, soaring vaulted ceilings, custom window coverings (California shutters), built-in surround sound system, cozy, covered front and back porches, two-tier stone patio and includes jacuzzi and generator. The outside space is well-landscaped and the property backs onto private, wooded area. This well-appointed bungalow is located in prestigious community of Ridgeway-by-the Lake whose residents have option to buy ($90/monthly) private membership to the Algonquin Clubhouse which offers beautiful outdoor areas with saltwater pool, banquet hall, billiard room , fitness centre, saunas, and library. This location is a short walk to the shores of Lake Erie, the 26 km Friendship Trail and Ridgeway's downtown as well as 5 min drive to Crystal Beach's sandy shores , 10 min to QEW, 20 min to CAN/US border. With its exceptional blend of comfort, accessibility, and convenience this property truly has it all.
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
64' x 126'
Lot Irregularities
126ft/54ft/20ft/86ft/73ft
Fronting
West
Taxes
$10,226 (2024)
Basement
Part Fin
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain17.39' x 22.97'Hardwood Floor, Cathedral Ceiling, Gas Fireplace
DiningMain9.84' x 12.47'Hardwood Floor, W/O To Patio, California Shutters
SunroomMain13.45' x 17.39'Hardwood Floor, California Shutters, Cathedral Ceiling
KitchenMain9.51' x 12.47'Hardwood Floor, California Shutters
Prim BdrmMain15.42' x 26.90'Hardwood Floor, California Shutters
2nd BrMain11.15' x 14.76'Hardwood Floor, California Shutters
OfficeMain9.19' x 12.80'Hardwood Floor, California Shutters
LaundryMain10.50' x 13.78'California Shutters
FamilyLower19.69' x 24.93'
3rd BrLower10.66' x 14.76'
BathroomMain8.53' x 11.48'4 Pc Ensuite
BathroomMain6.23' x 7.22'3 Pc Bath
Fort Erie Market Statistics
Fort Erie Price Trend
3 Driftwood Tr is a 2-bedroom 2-bathroom home listed for sale at $1,175,000, which is $636,389 (118.2%) higher than the average sold price of $538,611 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Fort Erie declined by $97,889 (15.4%) compared to the previous 30 day period (December 22 - January 20) and up $96,111 (21.7%) from the same time one year ago.
Inventory Change
There were 36 2-bedroom homes listed in Fort Erie over the last 30 days (January 21 - February 19), which is up 111.8% compared with the previous 30 day period (December 22 - January 20) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Fort Erie typically sold ($19,133) (3.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,384 decrease compared to the previous 30 day period (December 22 - January 20) and ($32,000) 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 2-bedroom homes in Fort Erie over the last 30 days (January 21 - February 19) stood at 25.0%, down from 58.8% over the previous 30 days (December 22 - January 20) and up from 16.7% 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 Fort Erie stood at 29 days when successfully sold over the last 30 days (January 21 - February 19), compared to 93 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Nrc Realty
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