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As winter begins to shift into spring, many buyers start to re-enter the housing market. While the snow may still be melting, this time of year can actually offer some helpful insights when viewing homes.

Late winter and early spring allow buyers to observe how a property responds to seasonal changes. Melting snow, changing temperatures, and thawing ground can reveal small details that are not always visible during other times of the year.

In our latest video, I highlight three simple things buyers may want to notice when viewing homes as winter transitions into spring. These observations can provide useful context when considering a property.

Watch Where Melting Snow and Water Go

  • As temperatures rise, melting snow can show how water naturally moves around the property.
  • Buyers may notice where water flows near driveways, yards, and foundations.
  • This can offer helpful clues about how the property handles seasonal changes.

Observe the Roof as Snow Begins to Clear

  • Snow often melts at different speeds depending on sunlight, roof design, and insulation.
  • Watching how snow clears from a roof can give buyers additional context during colder months.
  • These observations can simply help buyers better understand the home.

Pay Attention to the Basement and Lower Level

  • Seasonal thaw naturally brings more moisture into the environment.
  • This can be a useful time to notice how the basement or lower level feels during the transition.
  • A comfortable and dry space during this time of year can provide reassurance moving forward.

If you are planning a move this year, late winter and early spring can be a great time to begin your search and gain a clearer perspective on the homes you visit.

Together with Melanie, we would be happy to help you take the next step whenever you are ready.

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๐Ÿ“Š Waterloo Region Real Estate Update โ€“ February 2026

As of March 4, 2026: February continued the trend toward a more balanced real estate market across Waterloo Region. Inventory levels remain higher than the past few years, buyers are taking a little more time to make decisions, and pricing has adjusted slightly compared to last year. Hereโ€™s a quick look at what stood out this month:

  • ๐Ÿ  348 homes sold
  • ๐Ÿ“‹ 742 new listings came to market
  • ๐Ÿ’ฐ Average price: $726,956 (down 5.4% year over year)
  • โฑ๏ธ Average days on market: 37

Single-family homes saw 208 sales in February, with an average price of $866,616, down 5.4% compared to this time last year. Months of supply for detached homes sits at 1.9 months, which still reflects relatively tight inventory in this segment.

Looking at other property types, 18 semi-detached homes sold with an average price of $596,301. Condominiums recorded 44 sales with an average price of $411,009, while 77 townhomes sold at an average price of $570,178. Buyers in these segments are seeing slightly more selection and time to make decisions than in previous years.

Overall, the Waterloo Region housing market continues to move toward balance. With sales activity softer compared to last year and inventory levels gradually adjusting, both buyers and sellers are navigating a market that is becoming more stable heading toward the spring season.

If you would like a deeper breakdown by Kitchener, Waterloo, Cambridge, or by your specific property type, Melanie and I are always happy to walk through the numbers with you and help you understand what they mean for your next move.

https://cornerstone.inc/waterloo-region-housing-stats/

Waterloo Region
Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 ~ 519-498-8118

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New property listed in 313 - Downtown Kitchener/West Ward, 3 - Kitchener West

We have listed a new property at 409 104 Garment Street in Kitchener. See details here

Available May 1st. Amazing opportunity to live in this nicely appointed, downtown condo with a 530sq ft. private terrace. This 2 bed, 2 bath, 1063 sq ft unit is located in Tower 2 of the Garment Street Condos in the heart of the Innovation District. Features include luxury vinyl plank flooring throughout, cool, crisp neutral paint colours, built in closet organizers in every closet, sleek modern kitchen with island, granite countertops and beautiful backsplash. Stainless steel appliances included for tenants use. Primary bedroom has lots of natural light, double closet and 3 piece ensuite bathroom. Walkout from the living room to an enormous private terrace that wraps around the whole unit and offers a panoramic view of downtown Kitchener. A second bedroom, full bathroom, custom blinds throughout, insuite laundry and a storage room complete the unit. 1 underground parking spot and internet is also included. The building amenities include an Exercise Room, Media Room, Party Room, Roof Top Deck/Garden, Bike Storage. Walking distance to the LRT, the School of Pharmacy, GOOGLE plus much more. Beautiful Victoria Park is a short walk and hosts many community events and festivals throughout the summer. Downtown Kitchener offers great restaurants, bars, pubs, entertainment and shopping. GO and VIA are also nearby for commuting into TO. $2700/month plus hydro, 12 month lease, no smoking, no pets.

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Just Sold 204 Cedarbrae Ave, Waterloo

๐Ÿ”ฅ JUST SOLD! ๐Ÿ”ฅ
๐Ÿก 204 Cedarbrae Ave, Waterloo

Congrats to our amazing clients

Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage

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๐ŸŽฅ 204 Cedarbrae Avenue, Waterloo โ€“ Full 5-Minute Walkthrough

Price: $779,900
MLSยฎ 40805661

Welcome Home ๐Ÿกโœจ Beautifully maintained and thoughtfully updated, this raised bungalow offers 3+1 bedrooms and 3 full bathrooms, including a rare 3-piece ensuite in the primary bedroom. Designed for todayโ€™s evolving lifestyles, this home blends functionality, flexibility, and pride of ownership throughout.

Highlights Youโ€™ll Love

  • Truly stunning kitchen addition with granite countertops, modern backsplash, and abundant cabinetry ๐Ÿฝ๏ธ
  • Incredible natural light with access to the deck and yard ๐ŸŒฟ
  • Spacious layout with separate dining area flowing into the living room for easy entertaining ๐Ÿ›‹๏ธ
  • Primary bedroom with private 3-piece ensuite ๐Ÿ›๏ธ
  • Fully equipped in-law suite with separate entrance and backyard walkout ๐Ÿ”‘
  • Bright and inviting lower-level space seamlessly integrated into the homeโ€™s design โœจ
  • Newer windows and updated front door ๐Ÿšช
  • Attached garage plus driveway parking for 3โ€“4 cars ๐Ÿš—
  • 10' x 16' pine shed for added storage ๐Ÿ› ๏ธ
  • Desirable Waterloo neighbourhood close to shopping, highways, schools, and trails ๐Ÿ“

This home offers an ideal blend of space, functionality, and versatility. Whether you're accommodating extended family, working from home, or simply looking for room to grow, 204 Cedarbrae delivers flexibility without compromise.

Watch the full 5-minute walkthrough above to see how the layout flows and how the lower level connects seamlessly to the main living space.

Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 | 519-498-8118
teammcneil.com

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New property listed in 421 - Lakeshore/Parkdale, 4 - Waterloo West

We have listed a new property at 204 Cedarbrae Avenue in Waterloo. See details here

Welcome Home! This beautifully maintained and thoughtfully updated home is designed for todayโ€™s evolving lifestyles. 3+1 bedrooms, 3 full bathrooms, including a primary bedroom with 3 pc ensuite bath, rarely found in this style of home. Another outstanding feature is the truly stunning kitchen addition that offers an abundance of cabinetry, granite countertops, modern backsplash, access to the deck and yard and an incredible amount of natural light. The spacious layout creates a warm and functional heart of the home, perfect for both everyday living and entertaining. Just off the kitchen is a separate dining area and the living room making it easy to move between all areas. An added bonus is the fully equipped in-law suite with a separate entrance and walkout to the backyard, providing flexibility and privacy for extended family or multi-generational living. The lower-level space is bright, inviting, and seamlessly integrated into the homeโ€™s overall design. Pride of ownership is evident throughout, with numerous updates and meticulous upkeep, including newer windows and front door. Situated in a desirable Waterloo neighbourhood, this home offers the ideal blend of space, functionality, and versatility. An attached garage and 10'x16' pine shed and driveway parking for 3-4 cars complete the home. Easy access to shopping, highways, schools and trails. A must see!

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Open House. Open House on Saturday, February 21, 2026 2:00PM - 4:00PM

Please visit our Open House at 204 Cedarbrae Avenue in Waterloo. See details here

Open House on Saturday, February 21, 2026 2:00PM - 4:00PM

Welcome Home! This beautifully maintained and thoughtfully updated home is designed for todayโ€™s evolving lifestyles. 3+1 bedrooms, 3 full bathrooms, including a primary bedroom with 3 pc ensuite bath, rarely found in this style of home. Another outstanding feature is the truly stunning kitchen addition that offers an abundance of cabinetry, granite countertops, modern backsplash, access to the deck and yard and an incredible amount of natural light. The spacious layout creates a warm and functional heart of the home, perfect for both everyday living and entertaining. Just off the kitchen is a separate dining area and the living room making it easy to move between all areas. An added bonus is the fully equipped in-law suite with a separate entrance and walkout to the backyard, providing flexibility and privacy for extended family or multi-generational living. The lower-level space is bright, inviting, and seamlessly integrated into the homeโ€™s overall design. Pride of ownership is evident throughout, with numerous updates and meticulous upkeep, including newer windows and front door. Situated in a desirable Waterloo neighbourhood, this home offers the ideal blend of space, functionality, and versatility. An attached garage and 10'x16' pine shed and driveway parking for 3-4 cars complete the home. Easy access to shopping, highways, schools and trails. A must see!

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๐Ÿ“Š Waterloo Region Real Estate Update โ€“ January 2026

January kicked off 2026 with a more balanced feel across the Waterloo Region real estate market. Inventory is building, buyers have more choice, and pricing has softened slightly compared to last year. Hereโ€™s a quick look at what stood out:

  • ๐Ÿ  260 homes sold
  • ๐Ÿ“‹ 745 new listings hit the market
  • ๐Ÿ’ฐ Average price: $730,903 (down 3.2% year over year)
  • โฑ๏ธ Average days on market: 45

Single-family homes saw 161 sales in January, with an average price of $854,266, down 3.2% year over year. Months of supply rose to 1.8 months, up 20% compared to last year. While inventory is increasing, we are still not in oversupply territory.

For condos, townhomes, and semis combined, 99 properties sold at an average price of $530,282, down 9.6% year over year. Months of supply in this segment is now 3.6 months, up 9.1%, giving buyers more breathing room than weโ€™ve seen in recent years.

Overall, we are seeing a market that is stabilizing. Buyers are taking more time, and sellers need to be strategic with pricing and presentation. This shift is creating a healthier environment heading into the spring market.

If you would like a deeper breakdown by Kitchener, Waterloo, Cambridge, or by your specific property type, Melanie and I are always happy to walk through the numbers with you and help you understand what they mean for your next move.

https://cornerstone.inc/waterloo-region-housing-stats/

Waterloo Region
Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 ~ 519-498-8118

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New property listed in 311 - Downtown/Rockway/S. Ward, 3 - Kitchener West

We have listed a new property at 308 555 King Street E in Kitchener. See details here

Immediate occupancy available! Enjoy downtown living at the Betzner Brownstones. This multi level unit features 2 bedrooms, 2 bathrooms, hardwood floors, insuite laundy, carpet free throughout, and a loft like primary bedroom open to lower level with huge windows. This modern, well kept urban brownstone is perfect for young executives, it is steps to the LRT and walking distance to the Kitchener Market. Easy access to downtown, the Innovation District and highways as well. No smoking. No pets (preferred). Included for tenants use fridge, stove, dishwasher, microwave and washer & dryer. Utilities not included. One outdoor parking space included. REALTORยฎ:

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Just Sold 560 Wilmot LIne, Waterloo

๐Ÿ”ฅ JUST SOLD! ๐Ÿ”ฅ
๐Ÿก 560 Wilmot Line, Waterloo

Congratulations to both the seller and the buyer.
The market can be challenging, and we appreciate our clientโ€™s patience and trust throughout the process.

Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage

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Home safety rules do not always make headlines, but some changes are important to pause and take note of. As of January 1, 2026, Ontario updated its Fire Code to expand where carbon monoxide detectors are required in homes.

In this video, I walk through what has changed, who it applies to, and why it matters for homeowners, buyers, and sellers across Ontario. Here are the key takeaways:

What Has Changed Under the New Rules

  • Carbon monoxide detectors are now required on every level of the home, not just near sleeping areas.
  • This applies to homes with a fuel-burning appliance, a fireplace, or an attached garage.
  • The rules are already in effect as of January 1, 2026.

Which Homes Are Affected

  • Detached homes, semi-detached homes, townhouses, and cottages.
  • Condominium units where a fuel-burning appliance, fireplace, or attached garage is present.
  • In apartment and condominium buildings, public corridor requirements are handled by building management.

Carbon monoxide is colourless and odourless, which is why these updates focus on earlier warnings and safer exits. For many homeowners, this may simply mean checking existing alarms or adding an additional unit on another floor.

For full details, you can review the official Ontario government guidance here:
Ontario Carbon Monoxide Alarm Requirements (PDF)

Home safety is something Melanie and I always keep an eye on, especially when rules change quietly in the background. If you have questions about how these requirements apply to your home or a property you are considering buying or selling, feel free to reach out anytime.

Watch the full video above, and connect with us if you would like guidance or clarity around your next move in Waterloo Region.

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๐Ÿ“Š Waterloo Region Real Estate Update โ€“ December 2025

December wrapped up 2025 with a slower pace in the Waterloo Region real estate market, but the bigger story is how much conditions have shifted compared to this time last year. Hereโ€™s a quick look at what stood out in December:

  • ๐Ÿ  306 homes sold โ€” down 9.5% from last year
  • ๐Ÿ“ˆ Inventory up nearly 16% with 2.3 months of supply
  • ๐Ÿ’ฐ Average price: $716,911 (down 5.9% YOY, up 0.5% month-over-month)
  • โฑ๏ธ Average days on market: 45

Compared to December 2024, there are more homes to choose from, fewer sales, and longer selling times. That combination has shifted leverage toward buyers and created a more balanced environment than weโ€™ve seen in recent years.

Looking at the full year, 2025 finished with fewer sales, higher inventory, and softer prices across most property types. For buyers who have been waiting for conditions to ease, this market is offering more time, more choice, and more clarity heading into 2026.

If youโ€™re considering a move, Melanie and I are always here to walk through the numbers with you and help you understand what this market means for your next step.

https://wrar.ca/waterloo-region-housing-market-ends-2025-with-rising-inventory-and-declining-sales/

Waterloo Region
Melanie & Warren McNeil, REALTORSยฎ
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 ~ 519-498-8118

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