Pelham, L0S 1C0
$1,099,900$000000
Listed by RE/MAX ESCARPMENT REALTY INC..
Amazing potential & opportunity awaits! This property with almost 40 acres fronts on both Webber & Chantler Road, making it very open to options. The existing house is very solid and waiting for the right buyer to refinish to their liking and possibly add. The large attached garage has a separate entrance into the basement, and is well equipped with power to run a shop. If not into updating the existing structure, the option to outright rebuild their fresh custom dream home in the country awaits! With so much land, its really entirely up to the buyer, and could have potential to generate income with a new or updated existing structure. Some of the property is currently seasonally leased and farmed, which a buyer could continue doing. There could also be future potential of land development as Welland continues to build out toward the property, and right on the other side of Webber several homes have been built in the past 5 years. Whether planning to live, build, generate income, flip, or sit and later develop, there are a lot of options for the right creative savvy buyer!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.