OTTAWA REAL ESTATE BLOG
How does location influence desirability and value?
How does location influence desirability and value? Location, location, location. You’ve heard it a thousand times when it comes to real estate, and you likely understand what it means. But which aspects of your location are of most influence when it comes to determining the desirability of your property and ultimately affecting its value? […]
Should you redo your floors?
Should you redo your floors? Floors have a dramatic effect on your home’s decor. If you think about it, they’re some of the largest surfaces inside of your home – meaning they take up quite a lot of the space, visually. Your floors serve a functional purpose too, meaning they may have taken quite […]
What does a home inspector look for?
What does a home inspector look for? Scheduling a home inspection is an often crucial step in the home buying process. No matter how nice a home looks to the untrained eye, there are sometimes nasty surprises and unforeseen costs that can easily be avoided through an inspection. During the global pandemic, it became […]
Professional Photographers Make a Difference
Professional Photographers Make a Difference Browsing listing options as a buyer can be intriguing and exciting, but it can quickly become overwhelming and exhausting. There are many options to choose from, each listing with their own set of unique benefits and areas for improvement. Buyers can’t tour them all, so what will set them […]
Beyond the Sign: Team support means strength in numbers
Houses are bought and sold all the time in the Ottawa area, but have you ever thought of what goes into a successful real estate transaction? The REALTORS® at Royal LePage Team Realty work diligently with the support of their leadership team to make sure that every transaction goes as smoothly as possible. “We have a management team that […]
Make Your Home Feel Cozy This Winter
Make Your Home Feel the Cozy This Winter It’s wintertime in the nation’s capital! We hope you’re enjoying the festivities and sights around town. While the winter months may provide us with this beautiful landscape covered in snow, they’re also quite cold and gloomy at times. One of the best ways to combat the […]
Protect Your Home From Winter Damage
Protect Your Home From Winter Damage We can agree, for the most part, that the wintertime is beautiful. As the seasons change, our world becomes blanketed in a snowy landscape covered in festive lights and other seasonal decor. Although it’s a gorgeous time of year, the winter cold, snow and ice are not only […]
What Could be Lowering the Value of Your Home?
What Could be Lowering the Value of Your Home? If you’re looking to sell your current home, you’re going to want to receive the highest value you can from the eventual sale. There are many elements of your home that could be increasing the value, but there are also equally many factors that could […]
Low-Budget, High-Impact Home Updates
Low-Budget, High-Impact Home Updates If you’re looking for a low-budget, high-impact home upgrade or renovation, there are luckily quite a few that can give your home a boost in terms of decor and functionality. In this blog, we’ll cover a few quick renovation tricks for a variety of rooms and spaces in and around […]
Preparing your Home for Sale
Preparing your Home for Sale Getting your home ready to hit the market is a critical step in a successful sale. You want to make sure that you’re putting your best foot forward. In this blog, we’re going to cover a few quick tips and tricks to make sure your house is one to […]
Starter Tips for Getting into House Flipping
Starter Tips for Getting into House Flipping Flipping houses isn’t easy. Flipping a house can be a great project to take on if you’re looking to generate some additional income. Not only that, but planning and executing a flip can be quite a fun experience for you and any others involved. In this […]
The Dos and Don’ts of Home Staging
The Dos and Don'ts of Home Staging Staging your home involves a lot of planning and preparation. After all, you want to make sure your home is as appealing as possible to prospective buyers, both online and in person. Luckily, there are quite a few tips, tricks and best practices that can help you […]
Beyond the Sign: Royal LePage Team Realty pledges $20,000 to match donations to Harmony House
Everyone deserves to live without the fear of violence. For women and their kids who are trying to leave an abusive home and start fresh, the transition can be incredibly difficult. Here in Ottawa, there are a number of shelters that help, including Harmony House. Harmony House is Ottawa’s only transitional 2nd stage shelter for women […]
Now that you’ve moved in, what’s next?
Now that you've moved in, what's next? - Congratulations on the big move! No matter if this is your first home or one of many, it takes a lot to plan and prepare for the big day. Now that you’re all settled in, what’s next? In this blog, we’ll cover some fun ideas for next […]
Beyond the Sign: 3 common real estate concerns in Ottawa
The changing real estate market is making national headlines often, but here in the Ottawa area our situation is unique. The problems we hear about in the news don’t necessarily reflect our local market, so I sat down with Jason Ralph, Broker of Record and President of Royal LePage Team Realty, to learn more about Ottawa’s […]
Ottawa Real Estate Market Snapshot July 2023
The July 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The Bank of Canada made two recent hikes to interest rates however, consumers remained confident as we saw the number of sales rise 15% over July of last year. Inventory has continued to climb as did the average sale price in comparison to […]
Ottawa Real Estate Market Snapshot June 2023
The June 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: We saw an increase in the number of sold properties over those of June 2022 even though the number of listings were down from the previous year. A strong indication that those who are out shopping are serious about making a purchase. With […]
Ottawa Real Estate Market Snapshot May 2023
The May 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: Temperatures were on the rise last week and we saw the resale housing market mimic the rise in May as the number of properties sold were up 6% over those of May 2022. With inventory at a low and sale prices up from […]
Ottawa Real Estate Market Snapshot April 2023
The April 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: It MAY not feel like spring with the current cool temperatures but the real estate stats for April are a sure sign that spring is in the air! Three signs we’re in a seller’s market: inventory is down to less than two months […]
Ottawa Real Estate Market Snapshot March 2023
The March 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The number of property sales may be down 40% from those in March of 2022 however, they’ve increased by 40% over last month (February 2023) showing signs that the spring market is sprouting in Ottawa. If you’re preparing to list your property for […]
Ottawa Real Estate Market Snapshot February 2023
The February 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The average days on market for a listing has decreased as the market continues to stabilize. A decrease in average sale price from February of 2022 which was the peak of the pandemic market however we did see a month over month increase […]
Ottawa Real Estate Market Snapshot January 2023
The January 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: New year, new market as we see a slowdown in the number of sales for January and a decrease in the average sale price over January of 2022. We did however see an increase of 3% in the average sale price of a […]
Ottawa Real Estate Market Snapshot December 2022
The December 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: As interest rates and inflation increase, buyers are retreating to the sidelines, taking a wait, and see approach. The seasonal slowdown for December’s resale market is in stark contrast to the active resale market that started the year off which has officially balanced […]
Ottawa Real Estate Market Snapshot November 2022
The November 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: Ottawa sales continued to slow in November, a reflection of what’s happening across the country. The post-pandemic economy as well as a natural cooling for the time of year have officially balanced the market. If you're considering a move we're here to help […]
Ottawa Real Estate Market Snapshot October 2022
The October 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: With a big decrease in the number of units sold for October buyers now have more selection and time to shop. However, the interest rate increases may have affected some purchasing power. Whether you're buying or selling keeping a long-term perspective is important. […]
Ottawa Real Estate Market Snapshot September 2022
The September 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: As interest rates climb buyers in Ottawa are taking a step back while keeping a close watch on price trends. An increase in listings compared to last month and this time last year means more options for those who continue their hunt for […]
Ottawa Real Estate Market Snapshot August 2022
The August 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: Sales slowed down in August which is traditional for the month as most are enjoying summer vacations. Days on market increased as did prices (in comparison to August 2021) but at a more moderate rate than earlier in the year. If you're considering […]
Ottawa Real Estate Market Snapshot July 2022
The July 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: The number of sales dropped in July and momentum continues for new listing inventory showing signs that a balanced market could be coming. The average sale price continues to climb however at a much lower, single-digit rate. If you're considering a move we're […]
Ottawa Real Estate Market Snapshot June 2022
The June 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: With more modest price increases in the resale market we saw a more traditional seasonal cycle for June. An increase of inventory allowed for more selection and less pressure on buyers. If you're considering a move we're here to help answer any questions […]
Ottawa Real Estate Market Snapshot May 2022
The May 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: Traditionally a high performing month, May’s resale market has shifted its pace in comparison to 2021. The aftermath of the recent derecho storm stirred up both Ottawa’s landscape and listing inventory. If you're considering a move we're here to help answer any […]