We recently did some calculations in answer to a website visitor's inquiry about the value of homes in the area of Shakespeare Drive in Waterloo (in the Old Beechwood neighbourhood). Here is what we found:

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Criteria:
. Property sold in the area including Browning Place, Shakespeare Drive, Mohawk Avenue, and Marlowe Drive in the city of Waterloo ON
. MLS listings that sold between in 2 year period ending February 10, 2012
. Resale properties sold on the MLS^® (not including new construction)

All properties sold:
. High: $990,000
. Low: $170,000
. Average: $455,771
. Median: $427,500
. Average Days on Market: 38

3 Bedroom Single-Detached:
. High: $813,000
. Low: $255,000
. Average: $406,045
. Median: $382,000
. Average Days on Market: 41

4 Bedroom Single-Detached:
. High: $990,000
. Low: $360,000
. Average: $517,939
. Median: $466,500
. Average Days on Market: 32

5 Bedroom Single-Detached:
. High: $990,000
. Low: $490,000
. Average: $663,750
. Median: $605,000
. Average Days on Market: 46

Townhouses and Semi-Detached:
. High: $330,000
. Low: $170,000
. Average: $278,250
. Median: $294,000
. Average Days on Market: 23

Of course, this is only intended to give a very very general "ball-park" idea of the value of houses in this area. If you would like to obtain an evaluation of your property we would be pleased to assist you. You can contact us here.

This information is based on MLS® data owned by the Kitchener-Waterloo Association of Realtors (KWAR). 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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