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Home Sales Continue to Break Records in May 2021

The Kitchener-Waterloo housing market continued to break records in May 2021. The month saw a total of 854 residential properties sold through MLS, up 100.9% from May 2020. “While last May home sales were restrained due to the pandemic, May 2021 was another extraordinary month of home buying and selling activity,” says Nicole Pohl, President of KWAR. “Prior to 2020, the previous 10-year average number of residential sales for May was 656.” Residential properties sold in May 2021 included 485 detached homes (up 85.8% from May 2020), 106 apartment-style condominium units (up 152.4%), 74 semi-detached (up 72.1%) and 188 townhomes (up 138%). The average price of a home in Kitchener-Waterloo was $740,103 in May 2021, up 30.4% from May 2020. The average price of a detached home was $868,990, up 32.6% from May 2020. Additionally, condominium units sold for an average of $457,935 (up 38.6%), semi-detached for $659,975 (up 36.8%) …
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5 Tips for Selling Your Home This Spring

The Spring housing market is here! The start of the new season brings sunshine, flowers, and an overly competitive market for home buyers and sellers. If you’re looking to put your home up for sale, you’ll want to have all of your bases covered to capture the attention of buyers and secure the best possible offer. Here are 5 simple tips to sell your home this spring! Do a thorough cleaning of your home A clean house will always give off a better impression to people touring your home. Dust off all surfaces, lamps, and furniture to give your home that extra sparkle. Next, remove any clutter throughout your home. This could include cleaning off the kitchen counters or tidying up the kids’ toys. If you don’t have the space to put something away, it never hurts to donate it to a non-profit organization. Check for winter damage The snow …
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March Home Checklist

The start of a new month always comes with a list of to-dos. As Spring is right around the corner, there are a few things you might want to check up on around the house. To prepare your property for the new season, check out our March Home checklist! Check your walkways, driveway, and roof for winter damage Once winter has passed and the snow has melted, check key areas around the exterior of your house for winter damage. It is important to do routine maintenance checkups like this to avoid long-term damage and more expensive repairs down the road. Get ready for tax time The tax-filing deadline in Canada isn’t until April 30, but getting everything organized this month will make things a lot less stressful. Go through your paperwork, update your files, and gather all of your important documents in one place. Spring clean your mirrors and surfaces …
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