$325,000
For sale: Detached

Calling all first-time home buyers looking to break into the market! Welcome to 24 5th Avenue in Welland, an affordable 3-bedroom, 1.5-bathroom home that offers a great opportunity to make the move from renting to owning. The home has seen several important updates over the years, including the furnace and central air approximately 5 years ago, hot water tank in 2016 and roof approximately 10 years ago. There's also a detached single-car garage, plus a bonus shower in the basement. Outside, the manageable 34 x 66 ft lot gives you your own outdoor space without spending every weekend maintaining it. With three bedrooms, a garage and plenty of potential to make it your own, this is a great place to start building some equity instead of paying someone else's mortgage.
Sold data
Detached homes in Welland (Lincoln/Crowland) 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 57, across 135 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.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 3.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 135 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (Lincoln/Crowland) 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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