It’s officially summer, and along with the temperature rising the real estate market has also been heating up. Demand is up, we are still experiencing low inventory, and it seems like the spring market has officially started (even though it’s technically summer).
In June 2020 we saw 580 residential properties sell, compared to 357 in May of 2020, and 589 in June of 2019. WOW! That’s a huge recovery compared to what we were seeing in the last few months due to COVID-19.
Welcome to the WRX Property Group website and blog! Today we’ll be taking a look at one of Kitchener’s most iconic buildings: the Walper Hotel (or the Walper Terrace Hotel, if you’re not into the whole brevity thing). It’s stood proudly at the corner of King Street and Queen Street, right in the heart of Downtown Kitchener, for over a century. But to understand the full scope of the Walper Hotel’s story, we must go back even further.
Joseph Schneider settled in what would go on to become the Waterloo Region that we know and love in 1806; he was part of the first wave of Mennonite settlers moving north from Pennsylvania. Schneider kept quite busy, but salient to our tale is that he purchased a fair bit of land (well over 100 acres). And he leased a large parcel of this land to a man by the name of Phineas Varnum in 1820 (courtesy of Schneider’s Biographi).
Greetings! Welcome to another edition of the WRX Property Group Real Estate Blog! Lately, we’ve been diving into the history of the Waterloo Region, finding what pearls of wisdom we might find. Today’s historical entry pertains to a specific neighbourhood in Kitchener: a neighbourhood that, not so long ago, was its own separate community, but now constitutes a diverse and growing part of the overall city. Our point of entry? A certain casino, which though no longer a casino, still serves as an important part of the neighbourhood. So, without further ado, let’s consort with Bridgeport (no need to contort, unless as a last resort)
Waterloo and Kitchener (or, as it was known until 1916, Berlin [there’s a separate article on the Berlin to Kitchener Name Change; read it here]), along with several other nearby communities, were founded in the early nineteenth century by a group of adventurous Mennonite settlers from Pennsylvania. The earliest iteration of Kitchener dates back to around 1803. Bridgeport took shape a couple decades later.
Greetings! Welcome to another exciting edition of (and addition to) the ongoing WRX Property Group ‘History of the Waterloo Region’ series! We’ve been dipping our toes in local history as far back as the first group of Mennonite settlers from Pennsylvania in the early nineteenth-century, up to more recent historical moments like the founding of BlackBerry. But sometimes you don’t want to dip your toes in anything, and for those times, it helps to have a bridge. So today, we’re going to look at a historic bridge.
This is a bridge many of us have travelled across (some multiple times a day). Standing by the southwest corner of Kitchener, spanning the Grand River below the Chicopee area and just above Deer Ridge, it serves its purpose nobly. But because bridges lack mouths (and sentience, for that matter), not everybody knows its story. It’s time for the story of Freeport Bridge.
Many of the finest cities in the world are built either alongside, or on both sides of, a river. London, Paris, and New York City are but a few. Access to waterways has historically been incredibly important, from opening up water transportation for trade, to providing access to, well, water (consisting of two Hydrogen and one Oxygen molecules, water is necessary for human life – it also helps grow plants which we can eat [eating is also necessary]).
So the fact that Kitchener, Waterloo, and Cambridge were all built alongside the Grand River both makes sense (the early settlers, many of them German-speaking Mennonites from Pennsylvania, settled here for a reason) and has served as a major boon to the region. However, there is one drawback of riverside life: the need will often arise to get from one side to the other. Today, we’re going to put the bridge back in Cambridge, and discuss its most famous river-crossing: Main Street Bridge.
Greetings! Welcome to the WRX Property group website and blog. Today we’ll be completing our 3-part miniseries on a set of important, interesting bridges that were built in the Waterloo Region in the early twentieth century yet remain very much in use today. If you came here looking for discussion on the popular, four player, standard-52-card-deck-using card game, you’ll have to look elsewhere: today we’re talking about real, live bridges (and by alive we mean alive in an architectural sense).
Considering how often we use bridges, it can be easy to forget the important role they play in our lives (particularly in a place like the Waterloo Region, in which rivers and creeks frequently run through and between population centres). The bridges we’ve been exploring have unique pre-histories dating back as far as the early nineteenth century.
If the rules are changed, it certainly is not the first time in recent memory. The new mortgage rules, introduced in January 2018, approached the changing real estate market in its own fashion. In its case, stricter rules regarding who qualifies for a mortgage – and the amount of that mortgage – were introduced, and we continue to see the effects of this change playing out.
WRX Property Group is proudly located in Kitchener-Waterloo, and we operate primarily in Kitchener-Waterloo-Cambridge, the Waterloo Region Townships, Guelph and Wellington County. As such, we’ll be speaking with one particular airport in mind: the Region of Waterloo International Airport (though it’s worth noting there’s also a much smaller airport near Guelph).
Although the prices of Newbuild Homes are fairly set, prospective buyers do still have some tools at their disposal. Buyers can negotiate on specific, tangible things, in addition to costs that are separate from the price of the property itself. For example, there can be room to negotiate for tweaks to the property itself: more finishes, certain sorts of upgrades. It might be possible to include something like the price of insurance, as well.