389 Ridgeway Rd
Fort Erie, L0S 1B0
FOR SALE
$688,000
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5
BEDROOMS2
BATHROOMS1
KITCHENS10
ROOMSX8335692
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Property Description
Your new family home awaits you! Located just minutes away from Crystal Beach, Bay Beach Park, local restaurants, bars and shops. The lovely home boasts an open concept main floor with two spacious bedrooms, a beautiful 3-piece bathroom, and a large sunroom with windows throughout. A cozy kitchen and dining area with direct access to the backyard, extending your space, perfect for the summer months and entertaining guests! The second floor features 3 large bedrooms with hardwood floors throughout, spacious storage rooms to fit all your family belongings, and a charming 2 piece bathroom. Double lot with potential for severance and an additional building. Just a short drive to Historic Ridgeway, Niagara Falls and Niagara On The Lake, come and see this delightful home today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-22 | 2023-12-31 | 100 | $699,000 | - | Expired |
| 2019-07-04 | 2019-07-24 | 20 | $399,900 | $355,000 | Sold |
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Property Details
Street
City
Property Type
Detached, 1 1/2 Storey
Lot Size
90' x 70'
Fronting
East
Taxes
$1,149 (2024)
Basement
None
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 11.15' x 11.15' | Window, Hardwood Floor |
| 2nd Br | Main | 12.47' x 7.87' | Window, Hardwood Floor |
| Dining | Main | 15.09' x 11.81' | Window, Hardwood Floor |
| Kitchen | Main | 11.81' x 15.75' | Window, Hardwood Floor |
| Living | Main | 30.18' x 18.37' | Closet, Hardwood Floor |
| 3rd Br | 2nd | 15.09' x 8.20' | Window, Hardwood Floor |
| 4th Br | 2nd | 10.50' x 12.47' | Window, Hardwood Floor |
| 5th Br | 2nd | 10.17' x 12.14' | Window, Hardwood Floor |
| Sunroom | Main | 22.64' x 9.19' | |
| Laundry | Main | 5.91' x 8.86' |
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Fort Erie Market Statistics
Fort Erie Price Trend
389 Ridgeway Rd is a 5-bedroom 2-bathroom home listed for sale at $688,000, which is $252,000 (26.8%) lower than the average sold price of $940,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 5 bedroom home in Fort Erie declined by $0 (0.0%) compared to the previous 30 day period (July 21 - August 19) and down $1,060,000 (53.0%) from the same time one year ago.Inventory Change
There were 4 5-bedroom homes listed in Fort Erie over the last 30 days (August 20 - September 18), which is up 300.0% compared with the previous 30 day period (July 21 - August 19) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Fort Erie typically sold ($49,900) (5.3%) below asking price over the last 30 days (August 20 - September 18), which represents a $0 decrease compared to the previous 30 day period (July 21 - August 19) and ($299,900) 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 5-bedroom homes in Fort Erie over the last 30 days (August 20 - September 18) stood at 900.0%, down from 5,100.0% over the previous 30 days (July 21 - August 19) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Fort Erie stood at 26 days when successfully sold over the last 30 days (August 20 - September 18), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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