3045 Portage Rd

FOR SALE
$798,000
3045 Portage Rd, Niagara Falls
3045 Portage Rd
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 5
ROOMS
X9307923
MLSID
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Property Description
Recently renovated bungalow with a spacious lower level in-law suite, both levels currently occupied by great tenants! This home features 3+2 bedrooms and 2 full bathrooms. The main floor features an open concept layout, a spacious, custom eat-in kitchen with newer appliances, quartz countertops & tons of cabinetry and three spacious bedrooms and an updated 4-piece bathroom. The lower level has a fully finished lower level in-law suite with 2 spacious bedrooms and a full bathroom. This home sits on a large lot and offers enough parking for 6 cars. The backyard is private with lots of potential. Great location, just minutes to the U.S. border and the many attractions Niagara Falls and the region has to offer. Come take a look, you won't be disappointed!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-14 2023-06-20 6 $695,000 - Terminated
2022-11-15 2023-01-31 77 $839,000 - Expired
2022-12-05 2022-12-12 7 $2,850 $2,850 Leased
2022-09-19 2022-11-16 58 $3,200 - Suspended
2022-08-19 2022-10-13 55 $749,900 - Terminated
2021-12-07 2021-12-27 23 $699,999 $688,000 Sold
Property Features
Library, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 143'
Acreage
< .50
Fronting
East
Taxes
$3,292 (2023)
Basement
Finished, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain16.34' x 12.07'
KitchenMain16.34' x 13.09'
BrMain11.09' x 11.68'
BrMain10.07' x 12.07'
BrMain10.07' x 11.32'
BathroomMain6.43' x 9.68'4 Pc Bath
LivingLower20.08' x 8.60'Combined W/Dining
BrLower10.33' x 11.15'
BrLower10.33' x 11.15'
LaundryLower8.01' x 10.01'
KitchenLower6.99' x 8.99'
BathroomLower8.01' x 8.43'3 Pc Bath
Niagara Falls Market Statistics
Niagara Falls Price Trend
3045 Portage Rd is a 3-bedroom 2-bathroom home listed for sale at $798,000, which is $323,155 (68.1%) higher than the average sold price of $474,845 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $100,012 (17.4%) compared to the previous 30 day period (October 19 - November 17) and down $158,994 (25.1%) from the same time one year ago.
Inventory Change
There were 32 3-bedroom homes listed in Niagara Falls over the last 30 days (November 18 - December 17), which is down 44.8% compared with the previous 30 day period (October 19 - November 17) and down 13.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($6,592) (1.4%) below asking price over the last 30 days (November 18 - December 17), which represents a $6,691 increase compared to the previous 30 day period (October 19 - November 17) and ($24,421) 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 Niagara Falls over the last 30 days (November 18 - December 17) stood at 653.1%, down from 2,470.7% over the previous 30 days (October 19 - November 17) and up from 75.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Niagara Falls stood at 28 days when successfully sold over the last 30 days (November 18 - December 17), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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