487 Crescent Rd

Fort Erie, L2A 4P9
FOR SALE
$425,000
487 Crescent Rd, Fort Erie
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
487 Crescent Rd
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X9355811
MLSID
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Property Description
AMAZING LOCATION IN CRESCENT PARK JUST STEPS FROM LAKE ERIE! This 1.5 storey home is situated on a spacious lot with a detached garage and offers 2 main floor bedrooms plus loft with office. Main floor offers spacious living room and dining room with lots of original wood character, 2 main floor bedrooms with closets, 4-piece bath, kitchen, laundry room and bonus sun room area. Second floor offers a small loft area plus office or den. All kitchen appliances plus washer & dryer included. Wonderful location with quick & easy access to the Garrison Rd/Highway 3 corridor with shopping, restaurants, groceries, banking, pharmacies and more. Convenient location near the Peace Bridge to Buffalo, USA and the QEW highway to Niagara/Toronto.
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 140'
Fronting
West
Taxes
$2,314 (2024)
Basement
Crawl Space
Exterior
Other, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain13.16' x 19.91'Combined W/Dining
KitchenMain11.84' x 8.83'
BrMain15.49' x 9.51'
2nd BrMain8.83' x 9.84'
Loft2nd11.84' x 10.50'
3rd Br2nd11.91' x 11.58'
SunroomMain7.41' x 16.77'
LaundryMain9.42' x 7.41'
Fort Erie Market Statistics
Fort Erie Price Trend
487 Crescent Rd is a 3-bedroom 1-bathroom home listed for sale at $425,000, which is $147,000 (25.7%) lower than the average sold price of $572,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Fort Erie increased by $38 (0.0%) compared to the previous 30 day period (July 21 - August 19) and down $15,500 (2.6%) from the same time one year ago.
Inventory Change
There were 25 3-bedroom homes listed in Fort Erie over the last 30 days (August 20 - September 18), which is down 24.2% compared with the previous 30 day period (July 21 - August 19) and down 26.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Fort Erie typically sold ($14,842) (2.6%) below asking price over the last 30 days (August 20 - September 18), which represents a $2 decrease compared to the previous 30 day period (July 21 - August 19) and ($14,450) less 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 (August 20 - September 18) stood at 1,400.0%, down from 1,466.7% over the previous 30 days (July 21 - August 19) and up from 41.2% 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 22 days when successfully sold over the last 30 days (August 20 - September 18), compared to 95 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd.
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