November 1 2017 Kitchener Waterloo Real Estate News Update

November 1

November 1 2017

Kitchener Waterloo Real Estate News Update


November 1 2017. In today’s news: the Idea Quarter, a new app for homeowners, lawns, a new development in Midtown, remodelling mistakes, Wales watching and selling in the fall


Investors put almost $100M into Waterloo’s The Idea Quarter

A Toronto investment company has bought three former BlackBerry buildings along Phillip Street

Need someone to shovel your walk?

There is an app for that. They will also do any yard work you need done including raking your leaves and cutting your lawn.

November 1Speaking of lawns

Here is a short history of why we have front lawns.

Another proposed development in Midtown

The development proposal include one 12 storey office building, a five storey parking garage with 651 spaces (including one level of underground parking), retail uses along Breithaupt Street at the base of the office tower and parking garage, a new privately owned park at the corner of Moore Avenue and Wellington Street North, and the reconfiguration of the existing lane.

3 remodelling mistakes that hurt resale value

Remodelling mistakes are common but can easily be avoided. Here are three things to think about.

Be in the know

This tiny Welsh town has millions of books

The craze all started when an eccentric Richard Booth started opening bookshops in 1962 and never stopped. With books collected from closing-down libraries around the world, he eventually opened more than 30 stores in Hay. Now, at age 78, he owns just one, the King of Hay. The name isn’t a metaphor: In 1977, after purchasing the castle, Booth proclaimed Hay-on-Wye an independent kingdom with himself as the monarch.

And speaking of Wales, how did the people of Wales became Welsh?

I’m glad you asked. Here’s how.

Circa 1877 – Waterloo’s high-rise condo sells out within 2 days

A new condo building in uptown Waterloo sold all 188 of its units in less than two days, according to its developer. HIP Developments says its Circa 1877 project sold out faster than any other condo development in Waterloo Region history. Circa 1877 is being built at the former Brick Brewing plant on King Street South. According to the developer, 90 per cent of the units were purchased by local owners. The building is expected to be ready for occupancy by late 2019.

7 benefits to selling in the fall

I always say that you cannot time the market and we all carry around a world view that may or may not be completely true. Real estate is cyclical but sometimes going against the flow, sometimes being “opposite George”, sometimes sticking up and standing out is a great advantage.

What I am thinking about

Indonesia. At the end of this month, that is where I will be.

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