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We are the key to knowledge for your 

Real Estate & Appraisal Needs.



Our Brokerage has been operating since 2012. We provide excellent, personalized and effective solutions for your real estate transactions.  We represent buyers, sellers, investors, and tenants in the southwestern portion of the Greater Golden Horseshoe Region. We are a boutique shop that can focus on your needs. You can count on us to give you expert advice and to ensure you have a pleasant and knowledgeable experience.  We are a small brokerage that is BIG on service.

Unlocking the Door




Our Services
Appraisal Services
  • Professional

  • Reliable

  • Accurate

  • Compliant

  • Confidential


Click the icon above to learn more about the AIC



We perform high quality, and professional residential appraisals for homeowners, investors, lawyers, lenders, financial planners, municipal and regulatory bodies, and insurers.  Our services are used for private and bank mortgage financing, market rent analysis, relocations, private sales, estate planning and settlement, tax planning, collaborative family negotiations, matrimonial litigation, and legal expert testimony.  We appraise residential land, condos, single family and multi-family (Up to 4 units) dwellings. Designated by the Appraisal Institute of Canada, ensures you get a report you can rely on.


We value Real Estate and Knowledge is the Key. Email or call to order your appraisal.

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Karen Koebel-Medlicott, B.A., CRA:

President and Broker of Record

I am a licensed real estate broker, registered with RECO as Broker of Record. I am an active member of the Kitchener-Waterloo Association of Realtors.  Our company is a member of the Greater Kitchener-Waterloo Chamber of Commerce.


I graduated from the University of Waterloo, and have completed a Program in Real Property Assessment with the University of British Columbia.  I hold the designation of CRA (Canadian Residential Appraiser) and am a member in good standing with the Appraisal Institute of Canada (AIC).  I have served for years on the Ontario Association - AIC Board of Directors, and on the Executive Board of the Waterloo-Wellington Chapter of the Appraisal Institute of Ontario. I serve on several committees and task forces including the AIC Advocacy Committee. 

I am strongly dedicated to volunteering in our community and the real estate industry. Networking and continuous learning are extremely important to me.  I have been involved in this industry for more than 17 yrs. I believe very strongly in providing top notch service and knowledgeable advice to all of our clients. I have had the pleasure of assisting clients find that perfect home and look forward to assisting you in your next real estate transaction.


RECO Registrant - Licensed real estate registrant & Broker of Record of Brokerage - #476256

CRA – Canadian Residential Appraiser designated by the Appraisal Institute of Canada - #903052

RESA® CSA™ - Certified Staging Advocate

BA – Bachelor of Arts, University of Waterloo

Master Fellow (FLMI/M) – Life Office Management Institute *specializing in Financial & Strategic Management.

University of British Columbia - Successfully completed 9 courses in Real Estate prior to my designation

The Canadian Securities Institute and Investment Funds Institute of Canada - Successfully completed 3 courses.

Contact Karen at  or (519) 893-7709

Tom Medlicott, PSA

Pricing Strategy Advisor and Sales Representative

Vice President and Office Manager

RECO Registrant - Licensed Realtor - #5012829

I have a strong history of team leadership with a focus on customer satisfaction from a previous career in the auto service industry as the Service Department Manager at a large high-end import dealership. I have attended numerous management training courses over the years and have consistently achieved or surpassed business goals.

I have successfully completed University of British Columbia's Residential Property Analysis through the Real Estate Division.

My focus is attention to detail, effective processes, compliance with privacy requirements, and data protection.  


I am committed to providing the very best experience when you are dealing with our company. I have always believed that honesty and integrity in all dealings is the only true path to building strong, lasting relationships whether personal or business.


We believe in supporting our community and industry through volunteer organizations and have been active participants in the volunteer community.


We are a small brokerage that's BIG on service!

We would love to help you navigate through the many challenges of buying or selling your house.

Call Tom today for your FREE Comparative Market Analysis.


Contact Tom at

or (519) 893-7709

Meet The Team


"We were very pleased with the service provided by Karen and Tom.  They were referred to us by one of my closest friends.  Everything he said about them in terms of professionalism and organization was completely true. Team KMRAA's knowledge of the market definitely helped us get this home purchase done quickly and efficiently.  Thank you for your hard work on this one, and we would not hesitate to use your services or recommend you to others in the future." Rick I. 


"I was very satisfied with the quality and value of the services delivered by Koebel-Medlicott in each of the two occasions that I engaged the company.  Karen prepared a market value assessment for me in 2019. The content of the assessment was accurate and thorough.  The report was well organized, well written, and completely fit for purpose.  Pleased with this first interaction, when the co-owner decided to list our jointly-owned property in summer of 2021, I recommended Koebel-Medlicott as a candidate listing agent.  Since both co-owners demand appropriate diligence in the process of selecting a listing agent, we interviewed several candidates.  After considering the competitive service offerings, the fees, and each of the candidate's fit to our needs, we jointly decided to list with Koebel-Medlicott.  Karen and Tom ensured the listing was broadly exposed and well presented to prospective buyers.  The property sold quickly.  It was a pleasure to work with Karen and Tom.  Both were professional and effective throughout the process.  My situation presented a couple of aspects that could have been complications - one was that I did not live near KW.   But these aspects did not evolve into complications at all because Karen and Tom maintained such clear regular communications and provided sound advice from the beginning to the end of the process."  - Doug C.

"Karen Koebel-Medlicott came highly recommended from our selling agent in Ancaster when we began searching for properties in the Kitchener-Waterloo area. She and Tom Medlicott immediately set about searching for properties from our pretty extensive wish list and were able to arrange prompt and safe, socially distanced viewings, on many occasions with very little lead time due to the current market pressures. Karen is extremely knowledgeable about the Kitchener-Waterloo Region area and was well prepared in her research of flood plain areas and local topography. We had a very positive experience working with Karen and Tom to find our retirement home in the Waterloo area and would highly recommend them."    -Torri and Robert

“When I decided to sell my house I was uncertain of my future. As a single woman I wondered how this was going to work - where would l start? My first step was to find a real estate agent, and I selected Karen Koebel-Medlicott.  She showed me the difference little improvements could make like getting rid of clutter, rearranging the cupboards, pantry and closets. She looked after advertising, taking pictures, booking the showings, and giving me expert advice. I was very pleased and in no time I had offers on my house and my only job was to decide which offer I would take. Karen did a wonderful job at making this a smooth process. I couldn't be happier and highly recommend Koebel-Medlicott Real Estate & Appraisals to sell your home.  I will definitely use them with my next house purchase or sale. Thanks Karen you did a fantastic job, I couldn't be happier.”  - Sandra

"My girlfriend and I are new to Kitchener and we didn't know any realtors in the area. Karen was recommended by our realtor in Hamilton and she exceeded our expectations. Karen took us on a tour of Cambridge, Waterloo, and Kitchener, to a variety of houses so that we could get a feel for the housing market and neighbourhoods. Karen was always quick to respond when we needed something, even when we were out of the country in a different time zone. Also, since she's an appraiser, she was able to give us a realistic price on every house we visited, which helped us negotiate when we finally purchased our home. We still call on Karen to this day for information on the market and she's always happy to help. We highly recommend her!"     -Marcus & Allison


Property Amenities

What You Need - When You Need It

Want to know how to prepare your home for sale? Or what renovations will have the biggest payback?

Bright Living Space

Selling Features

Whatever you’re looking for, you won’t regret picking a property with key amenities such as appliances. Schedule a Consultation to explore selling features that are important to you.

Large Windows

A Great Advantage

It’s important to ensure that your home comes with great amenities from the start. Call today with any questions, and schedule a consultation to find properties that have what you want and need most.

Ample Storage

For Your Convenience

Sometimes less is more. If storage space is well organized and well planned, it can increase efficiency and make optimal use of available space without waste. 

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