Last Updated on September 12, 2024
Whether you’re a first-time home buyer or looking to upgrade, Welland’s real estate market offers something for everyone. The city’s affordability compared to larger urban centers makes it an attractive choice for families, while its strong rental market appeals to investors.
Across the Niagara Region, home prices have steadily increased over the past few years. Welland is no exception, and its home price index (HPI) currently stands at $476,300. As a result, Welland is considered a seller’s market, with low supply and high demand driving up prices.
Single-family homes are widely available throughout Welland, often found in family-friendly neighborhoods. They offer space and privacy, making them a popular choice among first-time buyers as well as those seeking an upgrade.
Townhouses are also common in Welland, and offer a balance between affordability and space. They typically share walls with adjacent units but feature individual entrances and small yards or patios. Investors are often drawn to Welland’s multi-unit residential properties, such as duplexes and triplexes, which can provide a steady stream of income.
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