Detached Homes for Sale in Kitchener-Waterloo - HD Pictures, Prices, Info

Detached Homes for Sale in Kitchener-Waterloo


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115 ALLEN Street W, Waterloo, N2L1E8

115 ALLEN Street, Waterloo, Ontario N2L1E8

6Bedroom(s)
4Bathroom(s)
Attached GarageParking(s)
50Picture(s)
Rare and unique property nestled in the heart of Westmount in Uptown Waterloo! Welcome home to 115 Allen St. West! This big, red brick home sits on a large lot at 0.342 acres or better described as across 3 city size lots in the centre of one of the most sought after neighborhoods in Waterloo Region.
$1,750,000

83 GRUHN Street, Kitchener, N2G1S5

83 GRUHN Street, Kitchener, Ontario N2G1S5

3Bedroom(s)
2Bathroom(s)
22Picture(s)
Amazing Investment Opportunity in Central location. This freehold property duplex zoned featuring 2 kitchens is located within walking distance from Uptown Waterloo, Grand River Hospital, light rail transit, groceries, shops and so much more. Main floor kitchen remodelled in June 2016. Just installed (November 2022) furnace and central air-conditioner.
$589,000

19 STONEGATE Drive, Kitchener, N2A2Y7

19 STONEGATE Drive, Kitchener, Ontario N2A2Y7

4Bedroom(s)
4Bathroom(s)
Attached GarageParking(s)
48Picture(s)
Put this one on your Christmas List! You've been extra good all year & this privately located, spacious 4 bed, 3.
$999,900

2191 HIDDEN VALLEY Crescent, Kitchener, N2C2R2

2191 HIDDEN VALLEY Crescent, Kitchener, Ontario N2C2R2

4Bedroom(s)
4Bathroom(s)
Attached GarageParking(s)
49Picture(s)
INCREDIBLE LUXURY HOME LOCATED IN SOUGHT AFTER HIDDEN VALLEY! 2191 Hidden Valley Crescent greets you with amazing curb appeal with its beautifully landscaped lawn, spacious 2 car garage, 8 car driveway, and ivory brick exterior. Step into the bright foyer with living room to your left & the elegance of this home is immediately evident.
$2,800,000

21 CENTRAL Street, Waterloo, N2L3A5

21 CENTRAL Street, Waterloo, Ontario N2L3A5

5Bedroom(s)
3Bathroom(s)
Detached GarageParking(s)
49Picture(s)
OLD WORLD CHARM MEETS BEAUTIFULLY FUNCTIONAL MODERN UPDATING: 21 CENTRAL STREET, IN THE HEART OF WATERLOO! This fully restored and renovated double brick two story century home features 5 Beds + 3 full Baths and is situated on just under a 1/4 acre lot. Upon entering the home you are drawn to the original curved staircase with cherry railing and spindles.
$1,299,000

292 DEWDROP Crescent, Waterloo, N2V0B1

292 DEWDROP Crescent, Waterloo, Ontario N2V0B1

6Bedroom(s)
4Bathroom(s)
Attached GarageParking(s)
50Picture(s)
Welcome to this gorgeous house! Nestled in an upscale community where you would love to spend time with your family. A perfect balanced home between nature and city. Main floor boasts a large dinning and family room with fireplace surrounded by beautiful stones. Kitchen has lots of cabinetry space and beautiful island.
$1,300,000
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Detached Homes in General

In our past article on common types of home for sale in Kitchener-Waterloo, we described Detached Homes thusly: “A detached building means just that: there is nothing attached to it (save for its own garage or shed), and it stands alone. It is surrounded by open space on all sides, and no other building exists above or below it, either” (WRX, 2018).

Detached Homes are also often referred to as “Single-Family Homes,” and that is typically the standard function they serve: a home for a single family unit, standing on its own, with direct access to the outdoors. This is as opposed to a multi-family unit, like a condominium, which features individual units and a shared, common access to the outdoors.

Because of the greater privacy they provide and the reduced noise as a result of no shared walls or floors, as well as aspects like individual control over renovations and design, private access in and out, and often larger (and private) shares of lawn space (and, if there is a garage, garage space). Detached Homes have several advantages over other styles, but this often means a higher price than a Town Home or other multi-dwelling units.

That’s not to say that Detached Homes don’t have a few of their own downsides. Specifically, Detached Homes do come with greater responsibility: maintenance issues and upkeep fall on the owner(s), as opposed to (in the case of a condo) the condo board. A higher upfront price can also be an increased risk, particularly for first-time buyers.

Detached Homes in Kitchener-Waterloo

So that’s the general picture; what do things look like in Kitchener-Waterloo specifically? Well, I’m glad you asked, because that’s what we’ll be talking about next!

Detached Homes are scarcer in densely-populated areas, simply because each individual Detached Home takes up more space per person than multi-dwelling units of various sorts and sizes (the upcoming condominiums in Downtown Kitchener, by building up rather than out, means there is more potential for a dense population. Detached Homes become much more common as you travel away from the dense population centres.

Uptown Waterloo and Downtown Kitchener are the most obvious examples of this process. Looking at a map of Detached House sales in Kitchener-Waterloo, there is a notable gap spreading northwest of Victoria Street South along King Street West, up to William Street West. It is more difficult to find a Detached Home for sale here, as well as the environs of the University of Waterloo and Wilfrid Laurier University campuses, than other areas, which we’ll be looking at shortly.

Where to Find Detached Homes in Kitchener-Waterloo

Detached Homes in Kitchener-Waterloo are easiest to find in the primarily residential segments of any given neighbourhood. Of late, the western halves of both Kitchener and Waterloo have seen quite a bit of activity, though there are consistent sales of Detached Homes in a several block radius around the Downtown Kitchener/Uptown Waterloo core, particularly off of and around streets connected to Weber Street East.

Detached Homes are quite popular, for the reasons listed before. And with many Detached Homes built in the surging ‘50s and ‘60s, and a few regions (like Southwest Kitchener) undergoing rapid development recently, you can find concentrated residential areas in numerous neighbourhoods throughout Kitchener-Waterloo. Many Detached Homes

 

See Detached Homes for Sale in Kitchener-Waterloo

 

Price of Detached Homes in Kitchener-Waterloo

As of our latest information, there have been nine homes sold for $1 million or more in the past year. The lowest price of a Detached Home in Kitchener-Waterloo was just over $280,000. The average price for Detached Homes, month to month, typically falls somewhere between the $550,000 -$ 600,000 range (the average in November 2018 was $580,551, whereas it was $564,718 in January 2019).

The average price for all residential properties in Kitchener-Waterloo, by contrast, has typically hovered between $470,000 and $500,000 (the average in November 2018 was $477,526, compared to $484,076 in January 2019). Almost across the board, average prices for properties in Kitchener-Waterloo are climbing, year by year. Between January 2018 and January 2019, for example, there was a 1.9 per cent increase in Detached Homes’ average sale price, and a 5.3 per cent increase overall.

If you are looking for a Detached Home in Kitchener-Waterloo, then the most opportunities will be within range of the Detached Houses’ average sale prices, with $10-20,000 over or under. Being able to budget for a price of between $450,000 and $550,000 would give good flexibility for the Kitchener-Waterloo Detached Home market, though as we’ll discuss shortly, prices on the lower end of the spectrum tend to see more competition, and thus potential price increases.

All of that said, there are opportunities for buyers on either end of the overall spectrum. As noted, there were nine Detached Houses sold for $1 million or more, but there were 19 Detached homes sold for over $900,000. Many of the higher price point Detached Homes in Kitchener-Waterloo can be found in specific neighbourhoods; namely, Hidden Valley and Deer Ridge in Kitchener, and the far west and northeast of Waterloo (Vista Hills is particularly on the rise, in terms of higher price homes). But again, homebuyers looking for higher price points can find homes in multiple areas in Kitchener-Waterloo.


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    In terms of the lower price point end of the overall range, there were nearly 50 Detached Homes sold in Kitchener-Waterloo for prices below $400,000. These can be found in multiple neighbourhoods around Kitchener-Waterloo, but there are a few points to consider: many of the lower price-point homes are in areas of the cities with homes built between the’50s and the ‘60s. Many of them are fairly close to the Conestoga Parkway.

    Very few (if any) of the lower price point Detached Homes are in Southwest Kitchener and Northeast Waterloo. A major factor in this is that these are, on the whole, much newer neighbourhoods, and many of the Detached Homes being built here are larger than the average size. The newer, larger homes, in growing neighbourhoods, tend to sell for prices over $500,000.

    These neighbourhoods have quite a few benefits: spacious, brand new homes; calm, residential streets; and typically great outdoor access (green lawns). However, a drawback to these areas with greater concentrations of brand new homes is that they are typically distant from commercial and cultural areas (Downtown Kitchener, for example), and thus necessitate longer drives (though some people value the privacy this provides).

     

    Conclusion

    We noted that Detached Homes are quite popular, and as such, we’ll be exploring specific models in greater depth over the next few weeks (Bungalows, for example). So stay tuned if there’s a certain type of Detached House in Kitchener-Waterloo that you’re in search of! As always, please don’t hesitate to contact us if you’re looking to buy a home in Kitchener-Waterloo – we’re always happy to help.

    Written by Will Kummer

     

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