$305,600
- 3 Beds
- 2 Baths
- 1,248 sqft
40 Colonial Ave, Lancaster, NY 14086
Est. Refi. Payment $2,088/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 23, 2021 for $235,040
Home Value
Trulia Estimate
$306KSince last month
Decreased$8K (-2.5%)Since last year
Decreased$400 (-0.1%)Since last sale
Increased$71K (+30.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +116% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $306K |
| August 2026 | $306K |
| July 2026 | $314K |
| June 2026 | $313K |
| May 2026 | $311K |
| April 2026 | $302K |
| March 2026 | $295K |
| February 2026 | $286K |
| January 2026 | $284K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $246,000 | 09/15/25 | 3 | 1.5 | 1,274 | |
0.29 | Single-Family Home | $250,000 | 01/27/26 | 3 | 1.5 | 1,215 | |
0.18 | Single-Family Home | $316,000 | 08/31/26 | 3 | 1.5 | 1,860 | |
0.36 | Single-Family Home | $350,000 | 11/21/25 | 3 | 2 | 1,160 | |
0.38 | Single-Family Home | $215,000 | 03/11/26 | 3 | 1.5 | 1,282 | |
0.35 | Single-Family Home | $242,500 | 05/01/26 | 3 | 1.5 | 1,712 | |
0.28 | Single-Family Home | $210,000 | 10/28/25 | 3 | 1.5 | 1,656 | |
0.19 | Single-Family Home | $250,000 | 09/16/25 | 3 | 2 | 2,266 | |
0.26 | Single-Family Home | $330,000 | 09/17/25 | 3 | 1.5 | 1,171 | |
0.37 | Single-Family Home | $293,000 | 08/19/26 | 3 | 2.5 | 1,136 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $255,600 | 3 | 1.5 | 1,274 | Off Market | |
0.03 | $283,000 | 4 | 2 | 1,566 | Off Market | |
0.05 | $525,000 | 5 | 2.5 | 2,178 | Recently Sold | |
0.06 | $285,000 | 4 | 2 | 1,832 | Recently Sold | |
0.11 | $192,200 | 3 | 1 | 1,237 | Off Market | |
0.13 | $276,700 | 4 | 2 | 1,353 | Off Market | |
0.14 | $226,400 | 3 | 1 | 1,570 | Off Market | |
0.15 | $301,300 | 3 | 1.5 | 1,604 | Off Market | |
0.15 | $346,200 | 4 | 2 | 2,206 | Off Market | |
0.16 | $108,000 | 2 | 1 | 1,465 | For Sale | |
0.18 | $316,000 | 3 | 1.5 | 1,860 | Recently Sold | |
0.17 | $311,800 | 4 | 2 | 1,728 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1950
1,248 sqft
$245/sqft
Garage
About this House
Absolutely adorable updated 3 bedroom, 2 bath cape in the Village of Lancaster. Spend mornings having coffee in your enclosed back porch, or evenings on the covered and screen in deck. Entertaining will be easy in formal dining room or your huge living room with a fireplace. First floor bedroom could also be an office. New bathrooms, new sewer pipes, and 6 year old boiler takes care of all the major expenses. Walk to all the Village events, or to the local parks. You'll be pleasantly pleased from the moment you walk in. Welcome Home!
40 Colonial Ave, Lancaster, NY 14086 is a 3 bedroom, 2 bathroom, 1,248 sqft single-family home built in 1950. It last sold for $235,040 on Dec 23, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $305,600, with a rent estimate of $2,317/month.
Home Details for 40 Colonial Ave
|
|---|
Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Hardwood, Laminate |
Interior Details Types of Rooms: Dining Room |
Appliances & Utilities MicrowaveRefrigerator |
Fireplace & Spa Fireplace |
|
|---|
Year Built Year Built: 1950 |
Property Type / Style Property Type: Single Family HomeArchitecture: Cape Cod |
|
|---|
Exterior Home Features DeckExterior: Vinyl |
Parking & Garage GarageParking: Garage Detached |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 8032 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 23, 2021 Source: NYSAMLSs #B1368961 | Sold | $235,040 |
Oct 9, 2021 Source: NYSAMLSs #B1368961 | Pending | $224,900 |
Sep 29, 2021 Source: NYSAMLSs #B1368961 | Listed For Sale | $199,900 |
Nov 7, 2017 Source: NYSAMLSs #B1073371 | Sold | $155,000 |
Sep 28, 2017 Source: Agent Provided | Pending | $149,900 |
Sep 3, 2017 Source: Agent Provided | Listed For Sale | $149,900 |
Oct 16, 2015 Source: N/A | Sold | $137,500 |
Jul 23, 2015 Source: Agent Provided | Listed For Sale | $139,900 |
Sep 15, 1994 Source: N/A | Sold | $87,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $250,000 |
Home facts updated by county records
Market trends in Lancaster
Last updated July 2026
Avg. sale price
$415K
$36.98KMoM
Sale-to-List Price
107.0%
Price per sq ft
$249
$5MoM
Available listings
71
7MoM
Around this home
What Locals Say about Lancaster
At least 147 Trulia users voted on each feature.
92 % Say parking is easy
92 % Say it's dog friendly
91 % Say car is needed
90 % Say yards are well-kept
89 % Say there's holiday spirit
87 % Say people would walk alone at night
84 % Say there are sidewalks
76 % Say kids play outside
71 % Say there's wildlife
71 % Say streets are well-lit
69 % Say they plan to stay for at least 5 years
67 % Say neighbors are friendly
63 % Say it's quiet
56 % Say it's walkable to restaurants
45 % Say it's walkable to grocery stores
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 40 Colonial Ave
- What is 40 Colonial Ave estimated to be worth?Trulia's estimated value for 40 Colonial Ave in Lancaster, NY is $305,600.
- What is the price history for 40 Colonial Ave?40 Colonial Ave in Lancaster, NY last sold for $235,040 in December 2021.
- Is Lancaster a buyer's or seller's market?Lancaster is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Lancaster?The median sale price in Lancaster is $415K. That is up $36.98K from the prior month.
- Does 40 Colonial Ave have air conditioning?Yes, 40 Colonial Ave in Lancaster, NY has air conditioning.
- How big is the lot at 40 Colonial Ave?The lot at 40 Colonial Ave in Lancaster, NY is about 0.18 acres (8,032 sq ft).