447 Crescent Rd

FOR SALE
$399,000
447 Crescent Rd, Fort Erie
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
447 Crescent Rd
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X12012280
MLSID
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Property Description
Location! Location! Location!! Calling all investors and those looking for an affordable fixer-upper, you don't want to miss this fantastic opportunity! Located in the desirable Crescent Park neighbourhood, only a 5 min walk to the beach at Lake Erie it's close to all other Fort Erie amenities including schools, grocery, restaurants, golf, community centre, and more! Featuring 2 main floor bedrooms and a full upper level loft with rough in for a bathroom, this home has tons of potential!
Property Features
Beach, Golf, Lake/Pond, Park, Public Transit
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 140'
Fronting
West
Taxes
$2,501 (2024)
Basement
None
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.37' x 8.76'
DiningMain11.25' x 9.06'
LivingMain10.89' x 18.83'
BrMain10.04' x 11.91'
2nd BrMain10.07' x 14.70'
LoftUpper29.23' x 30.22'
Fort Erie Market Statistics
Fort Erie Price Trend
447 Crescent Rd is a 2-bedroom 1-bathroom home listed for sale at $399,000, which is $139,611 (25.9%) lower 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 1-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 Revel Realty Inc., Brokerage
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