Archives for Ottawa Real Estate

This Important Element Often gets Overlooked when Buying a Home

Ottawa Citizen, Stephen Moranis, Postmedia News 08.15.2016 It’s the most common hazard that home buyers overlook: disagreements between homeowners that can turn entire neighbourhoods into war zones. These can happen anywhere, of course; but they’re especially common in tonier, wealthier communities, where people are more inclined to lawyer up, and where small contrarian disputes can escalate quickly. These conflicts end up becoming embarrassing, upsetting and expensive, occasionally leading some residents to consider selling and moving on. So much for that friendly block party. It’s a shame. The neighbourhood you once thought was charming and peaceful becomes the one where your
Read More

An Era of Change: 2018

An Era of Change: 2018  Canadian real estate is in an era of change.  2017 closed with a bang, as we saw some of the largest increases in real estate prices in nearly a decade. The curiosity now turns to 2018, and what can we expect to see in Ottawa, and across Canada. Ottawa is climbing the list as a hot spot for home buyers this year, joining popular cities like Toronto, Montreal and Vancouver.  Ottawa may hold an even higher interest for buyers, where real estate prices are significantly lower than areas such as Toronto and Vancouver. The pool of potential home
Read More

‘Shortage’ of homes for sale pushes Ottawa property prices up 6.8% in Q4: Royal LePage

‘Shortage’ of homes for sale pushes Ottawa property prices up 6.8% in Q4: Royal LePage The Ottawa Business Journal, online, Published January 10th 2018 Low inventory levels and a last-minute rush to beat tougher Canadian mortgage rules helped push the average price of a home in Ottawa to $442,533 in the final quarter of 2017, Royal LePage said Wednesday. The real estate firm’s latest house price survey said the average price of a home was up 6.8 per cent, year over year – four percentage points below the national average. New mortgage rules came into effect at the start of this
Read More

A Strong Finish for Ottawa’s Real Estate Market in 2017

2017 was quite a year in the Ottawa Real Estate market; record breaking numbers in units sold (condominium sales up over 22%) and double digit (percentage) increases in average sale price in several neighbourhoods, Canada 150 (or should we say Ottawa 150?!) was anything but average! Below we’ve included the latest news release from the Ottawa Real Estate Board.   Please note: average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of
Read More

11 Ways to a New, Fresh Home

 11 Ways to a New, Fresh Home It’s a New Year, so why not freshen up your home? Find 11 unique ways to completely update the look of your home. Click here for the full article.  
Read More