5994 Prospect St
Niagara Falls, L2G 1G8
FOR SALE
$678,000
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Property Description
Welcome to 5994 Prospect St, Niagara Falls! This property is a 1160sqft, 2+1 bedroom bungalow featuring an open concept design. A double car detached garage, insulated with hydro. Double lot 80 ft x 144ft lot. The roof and windows were updated in 2015, with egress-sized windows in the basement that makes it possible for a in-law. Property is landscaped with armor stone, while the rear yard has groomed gardens with a row of cedar trees along the fence. The plumbing has been updated to the sewer city connection. The rec room offers a cozy retreat with a gas fireplace encased in stone and an old barn wood mantle. There is a 3pc bathroom with a pocket door leading to a finished laundry room in the basement. Outdoors, a hot tub awaits in the fully fenced backyard There is a large storage shed at the back of the property and a fenced in storage area next to the garage. New insulation in the attic and basement so just pack your bags and make this charming property your new home!
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
80' x 144'
Fronting
North
Taxes
$3,200 (2024)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
9
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.84' x 14.01' | |
| Living | Main | 12.99' x 12.34' | |
| Dining | Main | 12.34' x 12.34' | |
| Prim Bdrm | Main | 12.01' x 14.01' | |
| Br | Main | 11.52' x 12.01' | |
| Rec | Bsmt | 13.16' x 22.51' | |
| Br | Bsmt | 8.99' x 12.99' | |
| Laundry | Bsmt | 10.01' x 5.35' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
5994 Prospect St is a 2-bedroom 2-bathroom home listed for sale at $678,000, which is $153,950 (29.4%) higher than the average sold price of $524,050 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 2 bedroom home in Niagara Falls declined by $33,730 (6.0%) compared to the previous 30 day period (March 3 - April 1) and up $39,050 (8.1%) from the same time one year ago.Inventory Change
There were 7 2-bedroom homes listed in Niagara Falls over the last 30 days (April 2 - May 1), which is down 41.7% compared with the previous 30 day period (March 3 - April 1) and down 30.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara Falls typically sold ($23,950) (4.6%) below asking price over the last 30 days (April 2 - May 1), which represents a $7,830 decrease compared to the previous 30 day period (March 3 - April 1) and ($24,900) 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 2-bedroom homes in Niagara Falls over the last 30 days (April 2 - May 1) stood at 142.9%, up from 41.7% over the previous 30 days (March 3 - April 1) and up from 70.0% 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 45 days when successfully sold over the last 30 days (April 2 - May 1), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
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