7488 Fern Ave
Niagara Falls, L2G 5H5
FOR SALE
$639,000

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BEDROOMS2
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Property Description
Welcome to this beautifully updated 3 bed, 2 bath home, offering the perfect blend of modern style and cozy charm. Situated in a prime Niagara Falls location, this move-in-ready gem is just minutes from shopping, dining, public transit, and all the amenities you need.Step inside to discover a bright and inviting living space, featuring brand-new flooring, a stylish kitchen with new cabinetry, countertops and appliances. A refreshed bathroom with contemporary finishes. The finished rec-room provides a great space for entertaining or just relaxing with a walk up to the backyard. Every detail has been thoughtfully renovated to provide a fresh, modern feel.Outside, you'll find a fully fenced backyard perfect for pets, gardening, or simply unwinding. Whether you're a first-time homebuyer, downsizing, or looking for a fantastic investment property, this home is a must-see! Don't miss this opportunity schedule your viewing today!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-08-01 | 2023-08-08 | 7 | $429,000 | $475,000 | Sold |
2023-08-01 | 2023-08-09 | 8 | $429,000 | $475,000 | Sold |
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Property Details
Street
City
Property Type
Detached, Backsplit 3
Lot Size
50' x 120'
Fronting
West
Taxes
$3,011 (2024)
Basement
Fin W/O
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Garage Type
None
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Niagara Falls Market Statistics
Niagara Falls Price Trend
7488 Fern Ave is a 3-bedroom 2-bathroom home listed for sale at $639,000, which is $76,617 (13.6%) higher than the average sold price of $562,383 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $32,132 (5.4%) compared to the previous 30 day period (December 22 - January 20) and up $22,328 (4.1%) from the same time one year ago.Inventory Change
There were 84 3-bedroom homes listed in Niagara Falls over the last 30 days (January 21 - February 19), which is down 3.4% compared with the previous 30 day period (December 22 - January 20) and up 64.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($15,213) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,532 decrease compared to the previous 30 day period (December 22 - January 20) and ($22,911) 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 (January 21 - February 19) stood at 35.7%, down from 36.8% over the previous 30 days (December 22 - January 20) and down from 52.9% 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 47 days when successfully sold over the last 30 days (January 21 - February 19), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Nrc Realty
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