Real Estate Market Snapshot: Hot Market in a Scorching July

Real Estate Market Snapshot: Hot Market in a Scorching July

The Ottawa Real Estate Board recorded the highest number of July sales in 15 years! Real Estate Market Trends and Highlights July 2019 1,842 residential properties sold on MLS® in July 2019, compared with 1,605 in July 2018, an increase of 14.8 per cent. 1,382 in the residential-property class, up 12.3 per cent from a year ago 460 in the condominium-property category, a rise of 23 per cent from July 2018. The five-year average for July unit sales is 1,579. ...
What's in a Name? A Street Name That is….

What's in a Name? A Street Name That is….

Have you ever gone for a walk around your neighbourhood and stopped to think where the street names may have come from? In Ottawa alone, there are almost 10,000 unique names for streets and this number grows almost every day! Street names come from a variety of sources and can have significant meaning or none at all. Let’s take a closer look. Different Conventions Before we get into the actual names, let’s look at the different types and what these ...
O Canada – Bring Some Canadian Style Home

O Canada – Bring Some Canadian Style Home

Every July, Canadian’s come together to celebrate our amazing country but now that the fireworks are over, you can show your Canadian pride at home. There are many options for decor that is truly Canadian; whether it’s iconic and historic brands or patterns and imagery, there is something for everyone when it comes to Canadian style at home. Here are some examples: Hudson’s Bay Stripes The symbol of the iconic Canadian department has become very trendy in recent years and ...
Market Snapshot: June 2019 Ottawa Real Estate update

Market Snapshot: June 2019 Ottawa Real Estate update

Market Snapshot: June 2019 Ottawa Real Estate update. Condo Sales Continue to Dominate Resale Market | Ottawa Residential Average Sale Price Climbs over $500K for the first time ever! ...
Canadianisms Around the Home

Canadianisms Around the Home

On Canada Day, we must take a moment to think about what makes us truly Canadian. Put on your thinking toque, grab a caesar, double-double, or pop, while we consider some of those truly Canadian terms that we use around the home almost every day. But fear not, there’s no need to cause a kerfuffle; all Canucks will know what you mean, eh?  Eavestrough: Did you know that most of the World refers to these as gutters? Eavestrough is a ...
Ottawa's Eco-Friendly Communities to Watch

Ottawa's Eco-Friendly Communities to Watch

While lots of work is being done at all levels to ensure that the City of Ottawa as a whole is as eco-friendly as possible, there are a few communities that are leading the way. Everyone can make a difference, no matter where you live, but these neighbourhoods were designed with the environment in mind. Each is different but all are making a big impact. Greystone Village Located just minutes from the downtown core in both a scenic and historic ...
Little Ways to Make a Difference

Little Ways to Make a Difference

10 Tips for a More Eco-Friendly Home Being eco-friendly doesn’t need to be hard or even expensive. There are little things that we can all do around the house that can have a significant impact on the environment. It doesn’t need to happen overnight but every step counts in the journey towards preserving our planet. Here are 10 simple things that you can do around your home to make a difference: Turn the thermostat down a degree or two in ...
Eco-Friendly Listing of the Future

Eco-Friendly Listing of the Future

613.290.1717PATRICK McINTYRESALES REPRESENTATIVEROYAL LEPAGE TEAM REALTY BROKERAGE MainAboutListingsBuyersSellersBlogMortgage CalculatorContactMainAboutListingsBuyersSellersBlogMortgage CalculatorContactMainAboutListingsBuyersSellersBlogMortgage CalculatorContactMainAboutListingsBuyersSellersBlogMortgage CalculatorContactPATRICK McINTYRESALES REPRESENTATIVE Whether you are looking to buy or list your property in the Kanata, Arnprior, White Lake, Burnstown, Braeside to Calabogie area and beyond, I can be there to ensure you have a successful real estate transaction. Born and raised in Arnprior I’ve been involved in many aspects of community life. A volunteer firefighter with McNab Braeside for over seven years to volunteering with the Blue Fish Swim Club ...
Ottawa Real Estate: May 2019 Market highlights

Ottawa Real Estate: May 2019 Market highlights

Highlights: Total properties sold : 2,423 in May through the Board’s Multiple Listing Service® System, compared with 2,271 in May 2018, an increase of 6.7 per cent. May’s sales included 1,869 in the residential property class, an increase of 4.6 per cent from a year ago. 554 in the condominium property class, an increase of 14.2 per cent from May 2018. The five-year average for May unit sales is 2,167.Average sale price for a condominium-class property was $297,731, an increase of ...
Why Summer Can Be a Great Time To List Your Home

Why Summer Can Be a Great Time To List Your Home

Everyone knows spring tends to be the real estate “busy season” but that doesn’t mean that you are too late to list your home now that we are coming into summer. Summer can be a great time to list, specifically in the greater Ottawa area. Buyers purchase homes year round and there are certainly advantages to listing your home in the summer. Here are 6 reasons why summer is the perfect time to sell your home: 1.Active Buyers are More ...
Importance of Community

Importance of Community

The word community can mean different things to different people. It can simply be a name to define a certain geographical area or neighbourhood, or it can mean a lot more. For many people, finding the right community is much more than location; it’s finding a neighbourhood with like minded people, amenities of interest, or even just a place that feels like home! Everyone is different and there are many factors that affect our sense of community; this is why ...
Post Flood 2019: What to do as the Water Recedes

Post Flood 2019: What to do as the Water Recedes

In the last few weeks, parts of the Ottawa area have seen record flooding and with the water slowly receding, it’s now time to think about the next steps. Whether you are a homeowner affected directly or just want to lend a helping hand, there is still a lot that will need to be done. Here is what you need to know, but for the most up to date information on everything flood related, it is important to check www.ottawa.ca ...
Ottawa Real Estate highlights & Market Snapshot April 2019

Ottawa Real Estate highlights & Market Snapshot April 2019

Ottawa Real Estate Highlights April 2019: There’s been an upward pressure on prices due to the continuing lower supply levels (residential supply is down 18%, and condo inventory is down almost 40% from last April 2018 according to the latest OREB stats). However these price points are “still well under the Canadian average, and our residents tend to be in comfortable financial situations due to secure employment and a thriving local economy.”   who also notes that  “Certainly, the stunted supply ...
Selling Your Home Yourself May End Up Costing You

Selling Your Home Yourself May End Up Costing You

It may seem tempting, to try and save money on commission, to sell your home yourself but it’s important to consider all the factors. In a lot of cases, sellers who choose to go this route do not come out ahead so let’s look at why.   What are You Really Saving? Let’s use as an example a 5% commission of the sale price of your home that you may pay to a full service real estate company for their ...
Getting Ready for a Move

Getting Ready for a Move

As the end of April approaches, many people in Ottawa are preparing to move. Whether you bought or sold in the busy spring market, it’s time to start packing! Packing is often everyone’s least favourite task in the moving process but just remember, there is a light at the end of the tunnel; before you know it you will be in your new home! Here are some helpful hints to guide you as you prepare for closing day. Start Now! ...
Buying in a Seller's Market

Buying in a Seller's Market

If you are thinking of selling, the current low inventory and rising prices in Ottawa may make right now seem like the perfect time but it may seem like a different story if you are looking to buy. Whether you are looking to buy your first home or looking to up or down size, it may seem like a very challenging time to purchase a home. Not to worry though, with some creativity and careful planning, there are ways to ...
Tidying Up: The Joy of Purging

Tidying Up: The Joy of Purging

Earlier this year, Netflix launched Tidying Up with Marie Kondo, a wildly popular series based on Marie Kondo’s bestselling book The Life-Changing Magic of Tidying Up. The series outlines, in a step by step guide, the Konmari method of cleaning and organizing and it has had everyone talking (and purging!) Second-hand stores have seen a surge of donations unlike they have ever experienced before and people are saying goodbye to many of their possessions with hopes of finding joy living ...
OTTAWA REAL ESTATE HIGHLIGHTS: Higher Prices, Fewer Residential Sales

OTTAWA REAL ESTATE HIGHLIGHTS: Higher Prices, Fewer Residential Sales

Tightness of listing supply is significantly reducing days on market,  properties are selling very quickly.   The latest statistics are out from the Ottawa Real Estate board!   here are the highlights… 1,511 residential properties were sold in March through the Board’s Multiple Listing Service® System, compared with 1,654 in March 2018, a decrease of 8.6 per cent. 1,136 in the residential property class, a drop of 12.4 per cent from a year ago, and 375 in the condominium property class, an ...
FAQ – Multiple Offers Simplified

FAQ – Multiple Offers Simplified

A few years ago, multiple offers were a somewhat rare situation in the Ottawa real estate market, but have become common recently in certain neighbourhoods and for certain types of homes. Multiple offers can seem overwhelming but in reality, there is nothing to worry about! Whether you are looking to buy a home that has garnered a lot of interest or are looking to sell your home in this hot market, our Royal LePage Team Realty Realtors® are here to ...
Infill Homes

Infill Homes

As Ottawa continues to grow, more and more infill homes are popping up in key neighbourhoods around the city. Infill homes can sometimes be a contentious issue within a neighbourhood but they can also improve the housing stock, add value to the community, slow urban sprawl, and replace older and outdated homes with more modern and appealing options. What are Infill Homes? In the natural progression of any city, the city’s core contains the oldest buildings with new construction occurring ...
Ottawa Neighbourhoods to Watch

Ottawa Neighbourhoods to Watch

Spring Market: 4 Neighbourhoods to Watch As the spring real estate market in Ottawa heats up, here are some neighbourhoods that will certainly be of interest to home buyers. Each of these communities has something unique and different to offer so there is something for everyone.  No matter what community you are looking at, don’t forget to hire a Realtor® to help you find your dream home (and make sure that you get it for the right price!) Bells Corners – ...

Why Use a Full Service Realtor®?

The decision to buy or sell a home is a big one; there is so much to think about and do! A home is likely the largest investment you will ever, or have ever, made in your life and it’s important to have someone you can trust to make the process as smooth as possible and offer expert advice. A Royal LePage Team Realty Realtor® offers full service support which ensures that you will have experience, knowledge, and expertise in ...
Ottawa Real Estate Update: February Buyers Snap Up Limited Inventory

Ottawa Real Estate Update: February Buyers Snap Up Limited Inventory

FEBRUARY 2019 Ottawa Real Estate MARKET HIGHLIGHTS  Buyers Snap Up Limited Inventory! HIGHLIGHTS (RELEASED BY THE OTTAWA REAL ESTATE BOARD MARCH 5TH, 2019) Total properties sold: 1,005 residential properties sold on MLS® compared with 978 in February 2018, an increase of 2.8%  756 in the residential property class, a rise of 3.8% over Feb 2019 249 in the condominium property class, a decrease of 0.4 % from February 2018. The five-year average for February sales is 949. “February has been ...

Spring Cleaning – Get the Kids Involved

As the warmer temperatures begin to roll in, there is no thought more prevalent than the beginning of spring cleaning. Spring is a time when all the forgotten places of winter begin to come to light, and there is nothing more refreshing than refreshing your home. A major topic these days is how to involve your kids in spring cleaning, especially in a way that is fun and engaging for them. The hope is to get your kids involved and ...

#TenYearChallenge

Recently social media has been filled with people taking the #TenYearChallenge. The premise is simple, share your profile picture from 10 years ago side by side with your current one. It’s a fun way to look back at the past and see how much we have all changed. We thought it would be fun to take our own #TenYearChallenge and see how things stack up in Ottawa Real Estate  compared to ten years ago. Setting the Stage: Ottawa in 2009 ...

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