Embrace Winter: Go for a Skate!

This winter has been a challenging one for everyone; whether it’s the treacherous commutes or never-ending “snow days”, it can be hard to see the light at the end of the tunnel! Instead of focusing on how many more cold days lie ahead, try embracing the season for all that it has to offer. Skating is a truly Canadian activity but many of us haven’t laced up our skates since we were kids. Ottawa has many great ways to enjoy ...

Ottawa Real Estate Update: January 2019 Record-Breaking Home Sales!

January 2019: Record-Breaking Home Sales! February 5, 2019 Highlights Members of the Ottawa Real Estate Board sold 820 residential properties,  an increase of 15.8 % over January 2018. 611 in the residential property class, a rise of 14.2% over January 2018 209 in the condominium property class, an increase of 20.8% over January 2018 $432,829 was the average sale price of a residential-class property,  an increase of 1.5 percent over January 2018. The average sale price for a condominium-class property was $283,990, ...

President and CEO of Royal LePage Named Most Influential Canadian in Residential Real Estate

For the sixth year in a row, Swanepoel Power 200  (SP200) has named Phil Soper, President and CEO of Royal LePage, the most influential person in Canadian residential real estate. The SP200 is the definitive ranking of residential real estate leaders across North America. Soper was ranked 11th overall, rising three positions from last year. With over 17,000 agents nationwide Royal LePage – a proudly Canadian company – is the largest real estate in brokerage in the country. Soper has ...

Home Inspections: What You Need To Know

A home is quite likely one of the biggest purchases of your life and you want to make sure that you know what you are buying. While the home may have looked perfect to you, there may be underlying issues that are only visible to a trained eye. For this reason, it is important that you include a home inspection in the conditions of your offer. You should never judge a book by it’s cover and the same is true ...
The Benefits of Home Staging

The Benefits of Home Staging

Defining Home Staging You may hear your Realtor suggest home staging in order to increase its chances on the market. Before you brush off the idea and assume you don’t need it, you should understand what it is and how you can benefit from it. Home staging is more than decluttering and depersonalizing your home, it’s when you hire professionals to reinvent the living space for new potential buyers. Home staging professionals know how to lay out a home in ...
New Year, New Home

New Year, New Home

How do you know if you’re ready to move? Besides deciding that it’s something you want to do in the new year, and planning for the big transition, how can you be sure it’s the right call? Has your family grown too big for the house? Perhaps it’s not by choice but due to work. Are you interested in downsizing? Here is a checklist you might want to review before you go looking for a new home. Looking For More ...
Market Snapshot:  Ottawa Real Estate December 2018

Market Snapshot: Ottawa Real Estate December 2018

That’s a wrap: Ottawa Real Estate Market December 2018! As 2018 wrapped up, the inventory shortage has had a ripple effect; while residential sales were down slightly, it also fueled the condominium market. Overall, 2018 was another stellar year in Ottawa real estate!  If you’re thinking of making a move in 2019, we know real estate. We’d love to chat! Another Stellar Year for Ottawa’s Real Estate Market (excerpts below were taken from the Ottawa Real Estate Board’s news release ...
Winter in Ottawa

Winter in Ottawa

Festivals and Events to Keep You Busy This Season Winter may seem like the perfect season to curl up on the couch and binge-watch your favourite Netflix series, but that would also mean missing out on a multitude of engaging and culturally diverse activities in the Ottawa and surrounding area. Read below for a highlight of this years winter events and festival lineup; before you know it, you will be kicking off your slippers and throwing on your snow gear ...
Holiday Showings?

Holiday Showings?

If your home is currently on the market, or you plan on listing in the next few weeks, here are some things to consider when it comes to showings. The Ottawa real estate market is still quite active this year so you want to ensure that you put your best foot forward for potential buyers. Embrace the season and work closely with your Realtor to get your home sold! Holiday buyers tend to be serious buyers The holidays are a ...
As Markets Across Canada are cooling, the Ottawa Real Estate Market Remains Strong & Steady

As Markets Across Canada are cooling, the Ottawa Real Estate Market Remains Strong & Steady

The Latest Ottawa Real Estate Trends – November 2018 While most markets across Canada are cooling, Ottawa’s market performance is strong and steady as it has been for many years.  Ottawa’s housing affordability and high employment levels shelter us somewhat from the dramatic swings that can cause instability.  Sales were down 5.4% from November 2019, however experts say that wouldn’t have been the case if inventory was higher. Average sale price can be useful in establishing trends over time but ...
As Markets Across Canada are cooling, the Ottawa Real Estate Market Remains Strong & Steady

As Markets Across Canada are cooling, the Ottawa Real Estate Market Remains Strong & Steady

The Latest Ottawa Real Estate Trends – November 2018 While most markets across Canada are cooling, Ottawa’s market performance is strong and steady as it has been for many years.  Ottawa’s housing affordability and high employment levels shelter us somewhat from the dramatic swings that can cause instability.  Sales were down 5.4% from November 2019, however experts say that wouldn’t have been the case if inventory was higher. Average sale price can be useful in establishing trends over time but ...

Keep Jack Frost Out and the Heat In

How to minimize your heating costs this winter As frosty temperatures fill the air, and snow begins to cover the ground, there is a lot to think about when it comes to your heating bill. As the cost of heating your home rises in the colder months, it’s time to think about what you can do within your home to reduce some of these costs. Here are some tips and tricks that can help you to reduce the cost of ...

Cannabis Legalization: One Month Later.

It has been just over a month since cannabis was legalized in Canada. Now that the hype and excitement surrounding the ability to buy recreational marijuana legally has settled, many of us are still left with questions surrounding these new laws and what this means for home owners, buyers, and sellers alike. Here is what you need to know about cannabis legalization and real estate in Ottawa:  Home Buyers and Sellers While it may now be legal carry, smoke, and ...

Holidays on a Budget: A Financially Friendly Guide to “Decking the Halls”

The holidays are just around the corner, and we will soon be covered in a blanket of snow, with marching bands leading parades, and Santa’s village bringing long lines to the malls. While the excitement builds up, we are often left wondering how we can possibly save money or limit our spending without compromising the spirit of the season. With just a few practical tips and tricks, embracing the magic and togetherness of the holidays without breaking the bank is ...

Getting Ready to Sell Your Home in Winter: What You Need to Know

Selling your home in the winter real estate market may seem undesirable to some, but it has an upside.  Let’s break down some of the advantages that actually make the cold dreary season a potential win for sellers. Ottawa is in a Seller’s Market. Regardless of the weather, listings that are on the market are getting the attention of buyers, there is just not enough inventory to keep up with the demand.  Current active inventory is less than half of ...

Ottawa Real Estate Market Snapshot October 2018

Highlights from the Ottawa Real Estate Board’s Latest News Release read full story Halloween has not Scared Away Home Buyers “October’s sales are truly indicative of the fast-paced market we have experienced for much of 2018,” points out Ottawa Real Estate Board President, Ralph Shaw. “In some pockets of the city, listings are not lingering on the market. Year-to-date average Days on Market (DOMs) are down 14% from 45 to 39 days for residential homes and 24% from 68 to ...

Home Renovations with a Great Return on Investment

Home Renovations with a Great Return on Investment Even if you love your space, at one point or another, most homeowners have thought about making changes“I love our kitchen, but what if we added an island?” or “our ensuite bathroom is great, but I’d love double sinks” or even “our basement is so spacious, I wonder what it would look like finished”. If this sounds familiar read on! “When we decided to sell our first home for an opportunity to ...

Fall Furnace Tune-Up

Fall Furnace Tune-Up As much as we may hate to admit it, fall is here. As the days get shorter and the air gets colder, the time of year when we switch from cooling our homes to heating them is upon us. However, before you switch your furnace on and start getting your winter blankets out of storage, it is wise to perform a routine inspection and maintenance of your furnace. You don’t want something going wrong in the middle ...

Readying Your Family for an Emergency

Readying Your Family for an Emergency September 21st, 2018 is a day our community won’t soon forget. The stories we’ve heard from those affected by the tornadoes that touched down in the City of Ottawa-Gatineau were nothing short from terrifying; the photos we’ve seen from the storm’s aftermath have been undeniably bone-chilling. It has been a devastating reality that the residents of our nation’s capital weren’t quite ready to face as thousands upon thousands of families were left without power ...

"Autumn Leaves are Falling; Home Prices are Not" | Ottawa Real Estate: Market Snapshot September 2018

Notable numbers in Ottawa: Market Snapshot September 2018 Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca  October 3, 2018 via the Ottawa Real Estate Board “We continue to experience supply-side issues going into our fall market. The fact is, the number of residential sales would be much higher had we more robust inventory to draw from,” states Ottawa Real Estate Board President Ralph Shaw. “Condos continue to represent a greater proportion of year-to-date unit sales ...

What You Need to Know Before Listing your Home in the Fall

Listing your home in the Fall; tips for selling your home in the Autumn months With this summer’s (extreme) heat behind us, and with nothing but clear skies and crisp fall months ahead!  We often hear sellers say “We’ll wait until Spring to list”, but as HGTV’s expert Scott  MacGillivray outlines in this recent blog, there are some great benefits of selling your house in the fall.  Summer holidays are over, the kids are back in school and you may ...

Neighbourhood Snapshot: Kemptville “Green and Growing”

Life in Kemptville “Green and Growing” Kemptville, in the municipality of North Grenville, is one of the Ottawa areas blooming communities, fitting of the “Green and Growing” slogan! Offering a welcoming community, great schools, hospital, golf course, retirement residences, business opportunities, and an easy commute to Ottawa, its steadily growing popularity is no surprise! An easy 30-minute commute to Ottawa via the 4-lane 416 highway, the Kemptville area could be considered a “bedroom community”, but it’s so much more than ...

Protecting Your Home from Critters

As the cooler weather starts to roll in, we are all thinking of cozying up indoors and unfortunately our furry friends outside are also thinking the same. Wild animals are currently looking for warm spaces to call home for the winter months and unfortunately our homes can be an attractive target. When animals get into a home, the damage can be severe and costly to fix but fortunately, with some careful planning you can ensure that you are not welcoming ...

Frolic into Fall: Fall Maintenance Tips for Homeowners

Getting ready for fall and winter can sound like a chore.  However with a few simple tips and tricks, getting it  done can be quick and will pay off, big time for homeowners. The most important aspect of getting ready is that all of the appropriate maintenance has been performed to keep your home in top shape before the snow flies. There are a few major things to remember when it comes to cold weather.  A large part of getting ...

August 2018 Notable Numbers in Ottawa Real Estate

Ottawa Real Estate: Market Snapshot August 2018 We continue to see a healthy real estate market in Ottawa, with inventory levels are improving but still lower than we’ve seen in previous years.  Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca  Summer Ends, Active Real Estate Market Continues September 6, 2018 Ottawa Real Estate Board member sold 1,586 residential properties in August 2018, compared with 1,535 in August 2017, an increase of 3.3 per cent. The ...

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