16 Riesling St

Grimsby, L3M 5S1
FOR SALE
$1,049,900
16 Riesling St, Grimsby
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
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16 Riesling St
16 Riesling St
16 Riesling St
16 Riesling St
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X8323188
MLSID
Contact Us
Property Description
Bright, spacious and welcoming three-bedroom, all brick bungalow ideally located in award-winning Vineyard Valley. Highlights of Riesling include generous lot, hardwood floors, main floor laundry room, double car garage, double wide driveway, covered front porch and detailed concrete exterior. Enjoy spacious dining room, fireplace, large Transom window, two full bathrooms, backyard deck, established landscaping and Niagara Escarpment views. Perfectly located on the cusp of the Ontario Wine Route with easy access to farm fresh markets, Lake Ontario, parks, walking trails, restaurants, the highway and the scenic towns along the Niagara Escarpment including Grimsby, Beamsville, Vineland and Jordan.
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
49' x 102'
Acreage
< .50
Fronting
North
Taxes
$5,735 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain12.07' x 10.99'
DiningMain17.32' x 11.58'
LivingMain12.76' x 16.67'
BrMain10.50' x 9.09'
Prim BdrmMain15.91' x 10.93'
Grimsby Market Statistics
Grimsby Price Trend
16 Riesling St is a 3-bedroom 2-bathroom home listed for sale at $1,049,900, which is $138,050 (15.1%) higher than the average sold price of $911,850 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Grimsby declined by $66,730 (6.8%) compared to the previous 30 day period (March 15 - April 13) and down $292 (0.0%) from the same time one year ago.
Inventory Change
There were 20 3-bedroom homes listed in Grimsby over the last 30 days (April 14 - May 13), which is up 25.0% compared with the previous 30 day period (March 15 - April 13) and down 16.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Grimsby typically sold ($37,700) (4.1%) below asking price over the last 30 days (April 14 - May 13), which represents a $5,834 decrease compared to the previous 30 day period (March 15 - April 13) and ($15,570) less 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 Grimsby over the last 30 days (April 14 - May 13) stood at 50.0%, down from 93.8% over the previous 30 days (March 15 - April 13) and up from 29.2% 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 Grimsby stood at 19 days when successfully sold over the last 30 days (April 14 - May 13), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage State Realty
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