5750 Morrison St
Niagara Falls, L2E 2E9
FOR SALE
$659,900
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS0 + 1
ROOMSX8400474
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Property Description
Welcome to 5750 Morrison St., Niagara Falls a charming raised bungalow with endless possibilities! This spacious property offers the perfect blend of comfort and versatility, featuring 2 bedrooms and 1 bathroom, open concept kitchen with dining and living room on the upper level, laundry and a large bedroom, separate kitchen, bathroom, and laundry in the lower level a true potential for rental income or multigenerational living. basement was separately rented for 1500/month plus utilities. With a generously sized yard, complete with a gazebo, this home is an entertainer's dream, ideal for hosting family gatherings and enjoying summer BBQs. Meticulously maintained and cared for, this home boasts several upgrades, including a renovated kitchen in the basement, new appliances, and laminate flooring throughout.
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Property Features
Fenced Yard, Hospital, Park, Place Of Worship, School, Wooded/Treed
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Property Details
Street
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
700-1100
Lot Size
54' x 150'
Acreage
< .50
Fronting
South
Taxes
$2,964 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Pvt Double
Garage Type
None
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Niagara Falls Market Statistics
Niagara Falls Price Trend
5750 Morrison St is a 2-bedroom 2-bathroom home listed for sale at $659,900, which is $89,669 (15.7%) higher than the average sold price of $570,231 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Niagara Falls declined by $4,901 (0.9%) compared to the previous 30 day period (July 22 - August 20) and up $85,089 (17.5%) from the same time one year ago.Inventory Change
There were 22 2-bedroom homes listed in Niagara Falls over the last 30 days (August 21 - September 19), which is up 214.3% compared with the previous 30 day period (July 22 - August 20) and up 29.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara Falls typically sold ($18,902) (3.3%) below asking price over the last 30 days (August 21 - September 19), which represents a $19 decrease compared to the previous 30 day period (July 22 - August 20) and ($8,614) 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 2-bedroom homes in Niagara Falls over the last 30 days (August 21 - September 19) stood at 1,127.3%, down from 7,028.6% over the previous 30 days (July 22 - August 20) and up from 41.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Niagara Falls stood at 17 days when successfully sold over the last 30 days (August 21 - September 19), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd.
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