Kitchener-Waterloo Real Estate Market Report August 2023

Kitchener-Waterloo Real Estate Market Report August 2023

The average price of a detached homes

Please don't hesitate to reach out for detailed stats that are specific to your neighbourhood, or even if you're just curious about what the house down the street sold for – it'd be great to hear from you!



Waterloo’s wildly successful street performers festival is back!

Mark your calendar as the Waterloo Busker Carnival is heading back to town with a variety of entertaining shows that the whole family will enjoy!

Visit the midway, enjoy delicious food and watch spectacular one-of-a-kind performances that are sure to astonish, excite and inspire!

Performers from around the world will amaze people of all ages as the non-stop, action-packed entertainment includes comedians, fire breathers, contortionists, musicians, acrobats and much more!

Make sure to come hungry as there’ll be a variety of vendors serving up an assortment of delicious carnival-styled food items all weekend long!

The four days of fun take place between Thursday, August 24th and Sunday, August 27th in Uptown Waterloo stretching from Waterloo Public Square and Willis Way to Waterloo City Hall on Regina Street.

Summer’s quickly coming to a close so be sure to bring the entire family out to the Waterloo Busker Carnival to enjoy the endless array of live entertainment! Hope to see you there :)



There are various pros and cons when it comes to newer vs. older homes.

When you're out on the hunt for the perfect home in K-W, you'll be faced with countless decisions. One of the first things to consider is whether you’d prefer a newer home or an older home.

Deciding between a newer home and an older home can be tricky as it comes down to individual preferences and priorities. Here are a few advantages of OLDER HOMES:

  1. Established Location - Older homes are often located in well-established communities with mature trees. They're also usually close to popular downtown amenities.

  2. Classic Character - Older homes usually boast unique architectural features such as crown moulding and stained glass windows.

  3. Solid Structures - The craftsmanship and quality of materials that went into building homes years ago were usually second to none.

  4. Outdoor Space - Older homes tend to have larger lots which is important if you value your privacy or wish to add an addition in the future.

Newer homes, on the other hand, have their own unique set of perks. Here are a few advantages of NEWER HOMES:

  1. Customizable - You’re able to easily customize a brand-new home to suit your style with unique features such as heated floors or granite countertops.

  2. Functional Features - Newer homes are laid out with functional features such as attached garages, practical storage and ensuite bathrooms.

  3. Low Maintenance - You're not likely to encounter any serious issues as everything will be brand new. The home's exterior will also be much easier to maintain.

  4. Energy Efficient - Better windows, insulation and overall sealing mean newer homes are more energy efficient which translates into lower monthly utility bills.

You may already have a good idea of what you prefer but try to keep an open mind as you start to become familiar with the pros and cons of older vs. newer. This is one of the biggest investments you'll ever make so take your time before signing on the dotted line!



Buying locally grown “farm to table” food helps support our amazing local farmers!

Supporting local businesses has been extremely important to our community over the past few years.

Buying locally grown “farm to table” food from places such as the Kitchener Farmers Market also helps support our amazing local farmers. Here’s some food for thought on buying locally-grown produce:


Minimizing the time from the farm to the table ensures that fruits and vegetables retain the maximum amount of nutrients.


Transporting food long distances is detrimental to the environment as it requires extra packaging and increased emissions from fuel.


With no need for long-distance travel, produce is picked at peak freshness so it's loaded with taste, pardon the pun.


Buying locally grown food helps protect farmland and wildlife from sprawling urban development.


Many neighbourhoods have agricultural groups such as Bailey's Local Foods that provide a weekly box of fresh, locally grown produce that can oftentimes be delivered right to your door!

So there you have it – buying local is miles better! For a fun day out, visit a “pick your own” fruit farm. Not only will you be able to eat the tastiest fruit around but you'll also help support our hardworking farmers and local businesses.



Mix things up on the grill this summer with a healthy, tantalizing dessert!

The heat of the grill turns fruit into juicy, sweet goodness that’s a grand finale to any backyard feast. Here’s what you’ll need to make this simple yet delicious dessert:

  • skewers
  • 1/4 cup honey
  • 1/4 teaspoon ground cinnamon
  • melted chocolate
  • an assortment of fresh fruit (pineapple, peaches, mangos, etc.)

Lightly oil the grill and preheat the BBQ to medium. Cut up the fruit and thread it onto the skewers. Grill for a couple of minutes per side.

Once they’re off the BBQ, drizzle the skewers with either the honey/cinnamon mixture or melted chocolate just before serving. Enjoy!

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