7174 Optimist Lane

FOR SALE
$919,000
7174 Optimist Lane, Niagara Falls
7174 Optimist Lane
7174 Optimist Lane
7174 Optimist Lane
7174 Optimist Lane
7174 Optimist Lane
7174 Optimist Lane
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
10 + 1
ROOMS
X11924204
MLSID
Contact Us
Property Description
Welcome to Optimist Lane, located in the heart of Niagara Falls! This beautiful home is perfectly situated close to all essential amenities, including public transit and easy access to major highways, making it a convenient and prime location for your lifestyle. This spacious home offers 3 cozy bedrooms and 3 bathrooms, providing ample space for families or guests. The main floor features a bright and open concept layout, perfect for modern living. The family room boasts an impressive open-to-below concept, creating a sense of grandeur and openness. Whether you're hosting friends or enjoying family time, this home is designed for comfort and style. With its thoughtful layout and ideal location, this home is ready to welcome you.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-27 2025-01-15 49 $949,900 - Terminated
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
47' x 100'
Fronting
South
Taxes
$7,279 (2024)
Basement
Full, Unfinished
Exterior
Brick, Stucco/Plaster
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
FamilyMain17.06' x 20.01'
KitchenMain17.72' x 21.00'
Prim Bdrm2nd14.44' x 17.06'
Br2nd9.84' x 13.02'
Br2nd12.14' x 14.27'
Niagara Falls Market Statistics
Niagara Falls Price Trend
7174 Optimist Lane is a 3-bedroom 3-bathroom home listed for sale at $919,000, which is $417,008 (83.1%) higher than the average sold price of $501,992 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls increased by $24,064 (5.0%) compared to the previous 30 day period (November 19 - December 18) and down $63,534 (11.2%) from the same time one year ago.
Inventory Change
There were 87 3-bedroom homes listed in Niagara Falls over the last 30 days (December 19 - January 17), which is up 171.9% compared with the previous 30 day period (November 19 - December 18) and up 335.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($5,134) (1.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,861 increase compared to the previous 30 day period (November 19 - December 18) and ($26,710) 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 (December 19 - January 17) stood at 278.2%, down from 668.8% over the previous 30 days (November 19 - December 18) and up from 95.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Niagara Falls stood at 32 days when successfully sold over the last 30 days (December 19 - January 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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