$1,949,000
1127 Garrison Road
Fort Erie (Crescent Park), Ontario
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
MLS® X13458694
land in Fort Erie (Crescent Park)
Browse 21 active listings
Market Analysis
Crescent Park attracts a diverse group of buyers, from young families looking to build their dream homes to retirees seeking a serene lifestyle. Among the most sought-after demographics are those who appreciate the blend of rural tranquility and convenient access to urban amenities. The proximity to Lake Erie is particularly appealing for outdoor enthusiasts and nature lovers. Residents often engage in community activities, with many people enjoying the local parks, such as Crescent Park itself, which is perfect for weekend strolls or picnics with family. As a balanced market with steady options, Crescent Park draws individuals who are considering long-term investment opportunities, given its growing popularity. Buyers are frequently professionals commuting to nearby cities like Niagara Falls or St. Catharines, valuing the more affordable land prices in Fort Erie compared to urban centers. The community spirit in Crescent Park also plays a significant role in attracting buyers who are looking for a close-knit environment to raise their families or enjoy retirement.
Price Insights
In Crescent Park, buyers can expect a median price of $338,500, with average prices around $503,841. For this price range, options vary widely from smaller lots perfect for single-family homes to larger parcels that can accommodate custom builds. For instance, a 50-foot lot on Crescent Road might allow for a cozy family home, while a more expansive property on Dominion Road could offer the space for a luxurious estate or even a multiple-unit development. Buyers looking at lands priced up to $2 million can find premium lots closer to the waterfront, ideally situated for panoramic views and easy access to outdoor recreational activities. The combination of affordable land prices and the area's steady growth makes Crescent Park a strategic choice for those wanting to invest in a desirable location without breaking the bank.
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About This Property Type
Lands in Fort Erie’s Crescent Park are characterized by their generous sizes and varied zoning options, making them suitable for different types of development. Residential lots typically range from 50 to 100 feet in width, providing ample space for a range of home styles, from bungalows to two-story houses. Many parcels also feature mature trees and landscaping, adding to the natural charm of the area. Crescent Park is particularly noted for its proximity to residential developments, parks, and essential services, allowing landowners to develop properties that blend seamlessly into the community. Additionally, some lots are zoned for commercial use, offering potential for those interested in entrepreneurial opportunities in an area that’s steadily growing in popularity.
Location Highlights
Crescent Park stands out not only for its residential charm but also for its prime location near Lake Erie. With direct access to beautiful beaches and waterfront parks, such as Mather Park on the north side, residents can enjoy swimming, fishing, and various outdoor activities year-round. The neighborhood is also home to several reputable schools, including Crescent Park Public School, making it an appealing choice for families. Moreover, with its close proximity to the QEW highway, commuting to cities like Niagara Falls or Buffalo is effortless. The area is serviced by local transit options, ensuring that residents have easy access to shopping, dining, and entertainment venues. This mix of natural beauty, community amenities, and accessibility enhances Crescent Park’s appeal as a prime residential area.
Investment Advice
Investing in land in Crescent Park is a forward-thinking decision due to the area's steady growth trajectory. The balanced market conditions mean buyers can expect stable prices, making it an excellent opportunity for long-term investment. With ongoing developments in the Niagara region and an influx of people drawn to the area's lifestyle, land values are likely to appreciate over time. Crescent Park’s appeal is further bolstered by its desirable location near Lake Erie and community amenities, making it a prime target for future residential developments. As urban areas become saturated, places like Crescent Park will likely see increased demand, ensuring that your investment not only retains value but grows as the community expands.
Buying Tips
When considering a land purchase in Crescent Park, it’s essential to conduct thorough research on zoning regulations and property usage to ensure your intended development aligns with local guidelines. Engaging with a real estate agent who specializes in the area can provide valuable insights into market trends and property values. Additionally, understanding the infrastructure plans for Fort Erie can help gauge future growth areas and potential return on investment. Make sure to visit various lots at different times of day to get a feel for the neighborhood’s traffic patterns and community dynamics. It’s also wise to check the availability of utilities such as water, sewage, and electricity on the chosen property, as this can significantly impact the development process. Lastly, consider the long-term vision for your land—whether it's for personal use or investment—to make a well-informed decision.
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Frequently Asked Questions About Fort Erie (Crescent Park)
How many land listings are for sale in Fort Erie (Crescent Park)?
There are currently 21 land listings listed for sale in Fort Erie (Crescent Park) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are land listings updated in Fort Erie (Crescent Park)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.