We recently did some calculations in answer to a website visitor's inquiry about the value of homes in the area of Manchester Road in Kitchener (the Rosemount neighbourhood).

Here is what we found:

...

Criteria:
. 1.25km radius of the intersection of Manchester Road and River Road
. Sold in the six month period prior to August 2, 2011
. Resale properties sold on the MLS^® (not including new construction)

All properties sold:
. High: $447,500
. Low: $106,000
. Average: $246,607
. Median: $247,500

3 Bedroom Single-Detached:
. High: $370,000
. Low: $210,000
. Average: $263,915
. Median: $258,250

4 Bedroom Single-Detached:
. High: $447,500
. Low: $286,000
. Average: $335,250
. Median: $317,000

Townhouses and Semi-Detached:
. High: $218,000
. Low: $106,000
. Average: $175,380
. Median: $164,525

This information is based on MLS^® data owned by the Kitchener-Waterloo Real Estate Board, Inc. The Information has been obtained from sources which we believe reliable but we cannot guarantee accuracy or completeness. Coldwell Banker Peter Benninger Realty assumes no liability for the accuracy or use of this information for any purpose and reliance upon this information is solely at the risk of the user.

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