254 Lancaster Dr
Port Colborne, L3K 0A8
FOR SALE
$1,179,000
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3 + 2
BEDROOMS3
BATHROOMS1
KITCHENS11
ROOMSX8120034
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Property Description
Modern luxury bungalow minutes from Lake Erie. This home is the Edsel model by Bridge & Quarry, a reputable local Niagara builder & features high-end finishes throughout & includes a Tarion Warranty. Fully finished up & down with five bedrooms & three full bathrooms. Basement has a walk up to back yard. This home is an entertainers dream & offers 8' high front door, two luxury tiled fireplaces, custom built-in cabinetry. The home has 9 ceilings, with 10 trays in the entrance, LR & MBR. The abundance of cabinets are centered around a pristine waterfall island & butler's pantry. All appliances are included. Natural gas BBQ hook-up on the covered back deck. Main floor laundry. The master has an oversized freestanding tub highlighted with a tiled accent wall behind it, a stand-up tiled shower, & a double vanity with quartz countertop. The home offers an abundance of natural light with floor to ceiling windows & has no rear neighbours.
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Extras
Custom closet organizers throughout. Hot water on-demand (that is not a rental). Interlocking driveway. Double car garage with openers & slot wall storage organizers and has EV rough in & central vac.
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3000-3500
Lot Size
55' x 130'
Fronting
West
Taxes
$7,973 (2023)
Basement
Fin W/O, Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.15' x 13.25' | |
| Dining | Main | 11.58' x 19.16' | |
| Great Rm | Main | 14.01' x 19.16' | |
| Br | Main | 14.01' x 15.75' | |
| Br | Main | 11.52' x 11.75' | |
| Br | Main | 10.07' x 11.84' | |
| Rec | Bsmt | 27.99' x 31.33' | |
| Br | Bsmt | 11.25' x 10.40' | |
| Utility | Bsmt | 11.42' x 6.66' | |
| Br | Bsmt | 12.60' x 16.24' | |
| Cold/Cant | Bsmt | 8.92' x 7.15' |
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Port Colborne Market Statistics
Port Colborne Price Trend
254 Lancaster Dr is a 3-bedroom 3-bathroom home listed for sale at $1,179,000, which is $871,500 (283.4%) higher than the average sold price of $307,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Port Colborne declined by $83,909 (21.4%) compared to the previous 30 day period (November 19 - December 18) and down $347,500 (53.1%) from the same time one year ago.Inventory Change
There were 31 3-bedroom homes listed in Port Colborne over the last 30 days (December 19 - January 17), which is up 181.8% compared with the previous 30 day period (November 19 - December 18) and up 287.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Port Colborne typically sold ($6,100) (2.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,240 increase compared to the previous 30 day period (November 19 - December 18) and ($22,000) 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 Port Colborne over the last 30 days (December 19 - January 17) stood at 200.0%, down from 500.0% over the previous 30 days (November 19 - December 18) and up from 37.5% 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 Port Colborne stood at 20 days when successfully sold over the last 30 days (December 19 - January 17), compared to 87 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd.
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