After market dry spell Kitchener bungalow gets six offers

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At the end of a cul-de-sac, this 26-year-old bungalow provides 1,850 square feet of living space and a triple garage

Like the main floor, the basement has three bedrooms, a full bathroom and an entertaining area with a fireplace.Agent Faisal Susiwala listed this three-bedroom bungalow after Family Day hoping buyers were done waiting for interest rates to drop and would resume their house hunting in the Kitchener-Waterloo area. By all metrics, shoppers were revved up: 51 booked tours and six filed offers.

“The unintended consequence of being on the market when there’s very little inventory is it created a bidding war. The owners hoped to at least recoup the $1.25-million they paid for the house in 2021, and ended up surpassing that by $185,000. The home has a contemporary eat-in kitchen with access to a southeast-facing patio and hot tub on a 50- by 160-foot lot.

 

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