5743 Jake Cres

FOR SALE
$1,049,900
5743 Jake Cres, Niagara Falls
5743 Jake Cres
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5 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
12 + 3
ROOMS
X9511698
MLSID
Contact Us
Property Description
Discover luxury living in the heart of Niagara Falls prestigious Fernwood Estates with this beautiful 5 + 1-bedroom, 3-bathroom home. Step into an open-concept layout that seamlessly unites the living, dining, and kitchen areas, creating an ideal space for entertaining and everyday living. The kitchen features beautiful granite countertops, rich oak cabinets, and two pantry rooms for ample storage, with direct access to a large, covered back deck perfect for BBQs or relaxing in the shade. Hardwood flooring adds warmth and elegance to every room, enhancing the sophisticated ambiance. A convenient laundry room is located on the main level. Upstairs, find 5 generously sized bedrooms and an office space ideal for remote work or study. The master suite is a luxurious retreat with his and hers walk-in closets and a private 4-piece ensuite. The finished basement expands your living space, complete with a large recreation room, an additional bedroom, and a rough-in for a fourth bathroom, offering flexibility for future customization. Located in a top school district with easy access to parks, amenities, and major highways, this property offers both luxury and convenience. Dont miss the chance to make this beautiful home yoursschedule your private viewing today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-30 2024-08-01 32 $1,199,900 - Terminated
2024-06-30 2024-08-01 32 $1,199,900 - Terminated
2024-06-30 2024-08-01 32 $1,199,900 - Terminated
2024-09-06 2024-10-13 37 $1,099,900 - Terminated
Extras
Extra Inclusions: all electrical light fixtures, tv wall mount main level, electric fireplaces (in Great Room & Master bedroom), all window coverings and drapery hardware, primary bed tv wall mount, lower level tv wall mount.
Property Features
Golf, Park, Place Of Worship, Rec Centre, School
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
45' x 111'
Fronting
East
Taxes
$6,856 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Great RmMain16.57' x 14.50'
KitchenMain19.26' x 14.17'
DiningMain13.75' x 14.67'
Prim Bdrm2nd14.76' x 14.17'4 Pc Ensuite, W/I Closet
2nd Br2nd11.15' x 10.17'
3rd Br2nd10.17' x 11.15'
4th Br2nd10.17' x 12.66'
5th Br2nd9.58' x 10.40'
RecBsmt14.40' x 26.51'
BrBsmt12.50' x 14.07'
Office2nd6.17' x 8.92'
Niagara Falls Market Statistics
Niagara Falls Price Trend
5743 Jake Cres is a 5-bedroom 3-bathroom home listed for sale at $1,049,900, which is $391,012 (59.3%) higher than the average sold price of $658,888 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Niagara Falls declined by $223,612 (25.3%) compared to the previous 30 day period (September 21 - October 20) and down $627,162 (48.8%) from the same time one year ago.
Inventory Change
There were 6 5-bedroom homes listed in Niagara Falls over the last 30 days (October 21 - November 19), which is down 0.0% compared with the previous 30 day period (September 21 - October 20) and down 14.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Niagara Falls typically sold ($11,430) (1.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $81,020 increase compared to the previous 30 day period (September 21 - October 20) and $0 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 5-bedroom homes in Niagara Falls over the last 30 days (October 21 - November 19) stood at 600.0%, up from 66.7% over the previous 30 days (September 21 - October 20) and up from 14.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Niagara Falls stood at 28 days when successfully sold over the last 30 days (October 21 - November 19), compared to 98 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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