464 Gorham Rd

FOR SALE
$504,900
464 Gorham Rd, Fort Erie
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
464 Gorham Rd
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
8
ROOMS
X11961990
MLSID
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Property Description
Welcome to this beautifully renovated 3-bedroom home in Ridgeway, an ideal choice for a first home or a peaceful second home getaway near the gorgeous shores of Lake Erie. Set on a generous 60'x176' sq ft lot, this just under 1,200 sq ft property combines ecofriendly updates with spacious, comfortable living. Key features of this property include: Sustainable Renovations: thoughtful updates include refinished oak hardwood floors, preserved shiplap walls, and new energy-efficient windows throughout. Modern, Fully-Equipped Kitchen: stylishly renovated with modern countertops and sleek cabinetry. Outdoor Living: A large, fully fenced backyard with a recently installed tiki bar and a newer hot tub. Ample parking space for up to seven vehicles. Maintenance-Free Convenience: Equipped with premium Leaf Filter eaves for hassle-free upkeep. Ideal as a starter home or a serene retreat, this property is ready for move-in and promises a lifestyle of comfort and convenience. Located in a tranquil community with easy access to the beach and all amenities, it offers the perfect balance of small-town charm and modern functionality. Don't let this opportunity slip away. Schedule your showing today and take the first step towards owning this exceptional Ridgeway property.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-24 2024-11-15 52 $509,900 - Suspended
2023-09-27 2024-04-30 217 $565,000 - Expired
2023-09-27 2024-04-30 217 $565,000 - Expired
2024-05-13 2024-08-31 110 $539,900 - Expired
Property Features
Beach, Fenced Yard, Golf, Park, Rec Centre, School
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 176'
Acreage
< .50
Fronting
East
Taxes
$2,756 (2024)
Basement
Crawl Space
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.99' x 19.00'
DiningMain9.84' x 12.24'
KitchenMain9.15' x 12.99'
LaundryMain6.33' x 13.16'
Prim BdrmMain9.15' x 12.24'
2nd BrMain9.15' x 9.91'
3rd BrMain9.74' x 8.99'
BathroomMain5.91' x 5.15'4 Pc Bath
Fort Erie Market Statistics
Fort Erie Price Trend
464 Gorham Rd is a 3-bedroom 1-bathroom home listed for sale at $504,900, which is $20,259 (4.2%) 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 1-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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