5782 Byng Ave
Niagara Falls, L2G 5E2
FOR SALE
$424,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSX8039400
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Property Description
$424,900 or Trade! Ideal for first-time buyers or savvy investors. Why rent when you can own and nurture your equity? The spacious living/dining area is flooded with natural light. The eat-in kitchen opens to a fenced yard and deck. Three generously sized bedrooms. Accommodate three cars with a detached garage and an extended driveway. Invest, rent it out, and accumulate equity for your next property. Discover the entry point to real estate success right here! In a prime location, just minutes from The Falls, Public Transportation, US Border, Clifton Hill Tourist Area, and Outlet Mall. Seize this chance; this market breeds millionaires. Step outside your comfort zone thats where true growth happens!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-11 | 2023-10-24 | 43 | $459,900 | - | Terminated |
| 2023-09-07 | 2023-09-15 | 8 | $385,000 | - | Terminated |
| 2023-09-07 | 2023-09-11 | 4 | $385,000 | - | Suspended |
| 2022-10-22 | 2023-01-04 | 74 | $399,900 | - | Suspended |
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Property Details
Street
City
Property Type
Semi-Detached, 2-Storey
Lot Size
30' x 102'
Acreage
< .50
Fronting
East
Taxes
$2,369 (2023)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 16.40' x 13.09' | Eat-In Kitchen, W/O To Yard |
| Great Rm | Main | 12.11' x 27.56' | Laminate, O/Looks Frontyard |
| Prim Bdrm | 2nd | 10.70' x 12.99' | Closet |
| Br | 2nd | 8.60' x 12.80' | Closet |
| Br | 2nd | 8.40' x 9.48' | Closet |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
5782 Byng Ave is a 3-bedroom 2-bathroom home listed for sale at $424,900, which is $220,563 (34.2%) lower than the average sold price of $645,463 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls increased by $14,068 (2.2%) compared to the previous 30 day period (March 8 - April 6) and down $51,049 (7.3%) from the same time one year ago.Inventory Change
There were 78 3-bedroom homes listed in Niagara Falls over the last 30 days (April 7 - May 6), which is up 41.8% compared with the previous 30 day period (March 8 - April 6) and up 44.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($15,153) (2.3%) below asking price over the last 30 days (April 7 - May 6), which represents a $3,671 increase compared to the previous 30 day period (March 8 - April 6) and ($15,836) 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 (April 7 - May 6) stood at 52.6%, down from 78.2% over the previous 30 days (March 8 - April 6) and down from 75.9% 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 15 days when successfully sold over the last 30 days (April 7 - May 6), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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