admin | Nov. 25, 2016
We all know Waterloo is a great place to live! Houses for sale in Waterloo are selling quickly for top dollar, and have been for quite some time.
Average sale prices* were once again rising in Waterloo neighbourhoods last month. Check out what single family homes were selling for in October 2015 compared to October 2016 for the following neighbourhoods:
Eastbridge/Colonial Acres
Buyers love this neighbourhood’s convenient location close to the Expressway, great schools, shopping and RIM Park activities.
Average sale price
October 2015: $476,786
October 2016: $593,064
Approx. price increase: 24.39%
Lexington/Lincoln Village
Buyers love this neighbourhood’s convenient location close to the Expressway, great schools, shopping and RIM Park activities.
Average sale price
October 2015: $388,018
October 2016: $480,767
Approx. price increase: 23.9%
Lakeshore North
Buyers love this neighbourhood’s close proximity to the St. Jacob’s Farmer’s market, Laurel Creek Conservation area and easy access to the Expressway.
Average sale price
October 2015: $411,167
October 2016: $441,313
Approx. price increase: 7.33%
Erbsville/Laurelwood
Buyers love this neighbourhood’s green spaces, walking trails and the nearby Laurel Creek Conservation area.
Average sale price
October 2015: $420,269
October 2016: $599,245
Approx. price increase: 42.59%
Columbia Forest/Clair Hills
Buyers love this neighbourhood for its great schools and all the nearby amenities including the Boardwalk shops and restaurants.
Average sale price
October 2015: $393,515
October 2016: $572,413
Approx. price increase: 45.46%
Upper Beechwood/Beechwood West
Buyers love this mature neighbourhood with nearby amenities including community pools/tennis courts, the Westmount Golf course, the Boardwalk shops and restaurants and its close proximity to Uptown Waterloo.
Average sale price
October 2015: $620,000
October 2016: $661,960
Approx. price increase: 6.77%
Westvale
Buyers love this neighbourhood for its great location with nearby amenities including the Boardwalk shops and restaurants and close proximity to Uptown Waterloo.
Average sale price
October 2015: $373,200
October 2016: $455,100
Approx. price increase: 21.95%
Check out the website www.newtowaterloo.com if you’re looking for more detailed information about these individual neighbourhoods. As always, you can always ask as too! We’d be happy to hear from you.
*Average sale price calculated for freehold, single family homes.
