OTTAWA REAL ESTATE BLOG
Five Ways to Downsize Your Home
When it comes to downsizing, many people naturally associate it with retirees or empty nesters. While there is no argument that that is a great time in life to look at the downsizing options available, in actuality, people of all ages and various lifestyles are choosing to downsize for a multitude of reasons, with all […]
Ottawa Real Estate Market Snapshot September 2021
The September 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Property values are holding steady as we continued to see an increase through September. As the number of transactions showed a considerable decrease from the same time last year, keep in mind that the September 2020 market showed peak activity due to […]
Mortgage Shopping: What Does a Mortgage Broker Do?
In what has been an unprecedented year in buying and selling, Ottawa Real Estate is remaining hot, and mortgage rates cool. While buying a home and getting a mortgage is a big financial decision, the process of securing a loan leaves even the most experienced buyers with a laundry list of questions. Naturally, you will […]
House Hunting in Ottawa
Welcoming Back In-Person Open Houses While live-stream open houses have been the new way in which home buyers have been viewing homes of interest over the past year and a half, in-person open houses are beginning to make their long-awaited comeback and we could not be more excited! Despite the unpredictability that the last 18 […]
What Does Buying a Home in Canada Look Like?
Welcome to Your New Home Moving to a new country is a very exciting time for many, igniting feelings of new beginnings and hope for the future. However, despite the many positive attributes that coincide with relocating, finding a home in a new country can feel overwhelming at times. Choosing the right REALTOR®, the right […]
Turning Out The Lights on Wasted Energy
How to Make Your Home Energy Efficient This Cold Season Whether we like it or not, the cold weather months are just a stone's throw away now. While some are looking forward to plush blankets, fuzzy socks, and cozy sweaters, others are dreading the bills they will receive once they have to turn the heater […]
Selling Your Home in the Fall
As is with the turn of every season, the arrival of fall marks new beginnings for many. School starts for kids of all ages, parents are returning to work, summer vacations have ended, and a drop in temperature has many homeowners beginning to think about what needs to be done before old man winter coats […]
Tip Series: Buying a Condominium In and Around Ottawa
Condominiums are a popular choice among homeowners in Ottawa, and with the many conveniences they offer it is easy to see what attracts buyers to this specific lifestyle. Buyers are often drawn to this option of home ownership because of the lifestyle it offers. Amenities range from swimming pools, party rooms, and theatres to a […]
Tip Series: 6 Tips For Buying Rural in Ottawa
While buying rural has its advantages, if you have never purchased rural property or lived in remote areas, knowing what to look for may make you feel a little lost. To make sure this process goes smoothly, we have compiled a list of tips to consider when making your purchase so that you can fully […]
Summer Honey-Do List: Home Projects to Keep Your Home Looking Great.
With every season comes new projects for a homeowner. Whether it's regular maintenance or renovations to keep your home from looking dated, it all works towards the same goal of maintaining your investment. Here are some tasks for you to add to your honey-do list this summer, to ensure your home shines bright during these […]
Avoiding Backyard Blunders: 5 Things to Know About A Property Before You Buy
When looking at homes as a buyer, don’t forget to check out the backyard landscape! A backyard can serve as your haven, or your headache, so evaluating it properly before you buy is essential. See here for 5 things to evaluate in your backyard to ensure your new home is exactly what you signed up […]
Ottawa real estate market watch: Rural properties in high demand in 2021
Unprecedented buyer interest in town and country homes, says local real estate group. Rural properties in the areas surrounding Ottawa have always attracted interest. It has always been a strong, competitive market. This year, however, there is greater demand than ever for homes set in country locations. Where normally the focus is on the bigger […]
Beyond the Sign – The Royal LePage Team Experience: Taking You Beyond The Sign
This is the first article in our Beyond the Sign series. In this series, Kent and Jason from the ownership team collaborate and discuss topics that are important to both our economy and the communities we serve. Our first article is being featured on CityNews and with Real Estate remaining a very hot topic in […]
Mortgage Stress Test – Is This Important to Us?
The Dynamic Ottawa Real Estate Market COVID-19 tragically swept across Canada last year. It sadly changed many aspects of our lives. One of the areas that we did not anticipate was the impact on the residential real estate market. We have witnessed an unprecedented roller-coaster in-home sale in Ottawa. The Federal Government has been concerned […]
Renovating your Home – What Should I Do to Get the Best Price
The Dynamic Ottawa Housing Market There have been many impacts of the COVID-19 pandemic with one being the significant change in the Ottawa residential housing market. For many years Ottawa enjoyed a stable market with a predictable inventory of homes. There was a slow and steady growth in the value of the houses. This has […]
Ottawa Real Estate February Highlights – “Primed for a Competitive Spring Market”
"Spring market primed for a competitive season ahead!" FEBRUARY 2016 MARKET HIGHLIGHTS: 1010 Residential properties were sold through Ottawa MLS® (including 233 in the Condominium class and 777 residential properties) Average Sale Prices: $417, 374 (Res +8.5%) and $258,397 (Condo +4%) Increased number of residential properties selling in the $750K-1Million resulted in a higher Average […]
The Bank of Mom and Dad: Living as Millennials
It’s no secret: the cost of living is expensive. Regardless of who we are and what we do, we live and breathe steep living costs day in and day out. It’s a fact of life: if we’re not saving our pennies, we’re spending them; if we’re not paying off one bill, we are another. […]
2017 is off to a great start!
Update below from the Ottawa Real Estate Board 2017 resale market off to a great start OTTAWA, February 3, 2017 - Members of the Ottawa Real Estate Board sold 667 residential properties in January through the Board’s Multiple Listing Service® system, compared with 598 in January 2016, an increase of 11.5 per cent. The five-year average […]
Canada Celebrates 150 Years!
The milestone has arrived - our country's 150th year. What better time than now to stand proud and represent our Nation as a united community? We are very fortunate to be living in Ottawa - our Capital. We've certainly come a long way since our founders first settled here 190 years ago. Originating as Bytown, […]
Ottawa Real Estate Update: December 2016
[mp_row] [mp_span col="12"] [mp_text] 2016 was a record breaking year for Ottawa real estate resales! 715 sales in December brought the total number of properties sold throughout the year through Board’s MLS® to 15,537, a 6% increase over 2015. With more properties selling over $500K December also had the highest average sale price ever recorded […]
Real Estate Update: Latest news in Ottawa Real Estate
As snow hits Ottawa, November sales slowed slightly, while “Condo sales continue to bolster Ottawa resale market“ Highlights: Ottawa condo market appears to be on the upswing 14,825 homes were sold in the first 11 months officially making 2016 a record breaking year for number of sales Average prices were up, $405,320 in the […]
Ottawa Real Estate Update | Condo sales lead the way to best October on record!
While temperatures are dropping, the fall real estate market in Ottawa remains steady with another record breaking month! Recently released statistics from the Ottawa Real Estate Board below show that the condo sales soared in October, up 27.2% over last year! While these statistics are useful in establishing market trends they should not be used […]
Strong Fall Real Estate Market in Ottawa
[mp_row] [mp_span col="12"] [mp_row_inner] [mp_span_inner col="6"] No fall(ing) back in Ottawa’s resale market: News release from the Ottawa Real Estate Board October 5th, 2016 OTTAWA, October 5, 2016 - Members of the Ottawa Real Estate Board sold 1,371 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,241 in September 2015, […]
Ottawa Real Estate Market Hightlights August 2016
[mp_row] [mp_span col="12"] [mp_text] [/mp_text] [/mp_span] [/mp_row] [mp_row] [mp_span col="6"] [mp_row_inner] [mp_span_inner col="12" style="min-height: 40px;" classes=" motopress-space"] [mp_space] [/mp_span_inner] [/mp_row_inner] [mp_row_inner] [mp_span_inner col="12"] According to recently released statistics by the Ottawa Real Estate Board, August 2016 was a record breaker. 2016 continues to outpace 2015 in number of properties sold! While inventory has dropped compared […]
Market Snapshot July 2016 Ottawa Real Estate
According to recently released statistics by the Ottawa Real Estate Board, Summer 2016 in real estate is still hot, continuing to outpace 2015. While inventory has dropped by 15% compared to this time last year the total number of sales are up and so are average sale prices, providing us with a Real Estate Market […]
Ottawa Real Estate News | June 2016 sets record for the highest number of sales ever
WOW what a month in Ottawa Real Estate! Members of the Ottawa Real Estate Board sold 1,985 residential properties in June 2016 through the Multiple Listing Service® setting a record for the highest sales in any month ever in the history of the Ottawa Real Estate Board. While average price dropped slightly in both residential […]
Second-best April on record for Ottawa Real Estate!
April was a busy month in Ottawa Real Estate...see the most recent market highlights below -information provided by the Ottawa Real Estate Board Members of the Ottawa Real Estate Board sold 1,714 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,567 in April 2015, an increase of 9.4 per […]
Ottawa Real Estate Market Snapshot March 2016
[mp_row] [mp_span col="12"] [mp_row_inner] [mp_span_inner col="12"] [mp_heading] [/mp_heading] [/mp_span_inner] [/mp_row_inner] [mp_row_inner] [mp_span_inner col="3"] [mp_image id="3477" size="full" link_type="custom_url" link="/contact" target="false" caption="false" align="center"] [/mp_span_inner] [mp_span_inner col="9"] Ottawa Real Estate: March market springs into action! The following information provided by the Ottawa Real Estate Board. Members of the Ottawa Real Estate Board sold 1,166 residential properties in March […]
Real Estate Snapshot February 2016
What a difference a day makes! An extra day in February saw 46 sales on that day (February 29th) as per the Ottawa Real Estate Board’s news release March 3rd. See the full Ottawa Real Estate market snapshot for February and the full story from the Ottawa Real Estate Board below. With spring around the […]