$499,900
For sale: Detached

Welcome to 163 Rice Road, a 3-bedroom home in an established Welland neighbourhood offering comfortable living, a spacious backyard, and a number of recent improvements, with additional updates continuing to be made throughout the property. This home offers plenty of potential for first-time buyers, families, downsizers, or investors looking for a property they can make their own. Inside, you'll find several recent improvements, including new flooring (2026), windows (2025), doors (2026), and trim (2026). The living room features a cozy gas fireplace, while the kitchen comes equipped with stainless steel appliances, including a fridge and stove. Just beyond, the bright sunroom provides a comfortable spot to enjoy your morning coffee, relax, or take in views of the backyard. The home features three bedrooms and a 4-piece bathroom, along with a basement that is currently undergoing renovations to further improve the available living space. Once completed, the lower level will provide additional flexibility for a family room, home office, gym, recreation area, or storage. *Please note that the basement renovations are ongoing, and the current listing photos may not reflect the most recent work or the condition of the basement at the time of your showing. A new water heater (2025) is another recent improvement. Outside, the large, fully fenced backyard provides plenty of room for children, pets, entertaining, and enjoying the warmer months. An above-ground pool adds to the summer fun, while the hot tub (2025) and backyard patio offer a relaxing place to unwind. A spacious front deck (2026) provides additional outdoor living space for sitting outside or gathering with family and friends. Conveniently located close to schools, parks, shopping, restaurants, public transit, and major routes, 163 Rice Road combines an established location with a home that has already seen a number of improvements and continues to offer opportunities for future updates and personalization.
Sold data
Detached homes in Welland (N. Welland) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 53, across 140 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $549,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 140 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (N. Welland) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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