Real Estate Blog

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 should not be used as an indicator that s...

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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 keeping you and your home warm this winter: Take advantage of the solar heat – During the day, use the solar heat to your advantage by opening bli...

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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 grow marijuana plants, there are many things to consider when you are in the market of buying or...

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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 not only a practical goal, but attainable as well. Here are a few budget friendly ways ...

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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 many overlooked advantages that actually make the cold dreary season a potential sellers-market!  One thing found is that winter buyers are generally more serious, which makes complete sense, as most people don’t find joy in dawning winter-wear and bracing cold icy roads and weather just to check out the real estate market on a lazy sunday. Additionally, with fewer properties listed for sale, the market is smaller, making it easy to stand out in the neighbourhood....

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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 51 days for condominiums.” “However, lack of supply continues to be a major driv...

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Home Renovations with a great return on investment

Home Renovations with a Great Return on Investment

Home Renovations with a Great Return on Investment We’ve all been there: “I love our kitchen, but what if we added an island?” or “our en suite bathroom is great, but it’s missing a little colour” or even “our basement is so spacious, I wonder what it would look like finished”. Sound familiar? If you can relate with any of the above questions (or have debated a slightly different tweak to your home) then you’re likely well-acquainted with the idea of home renovations and how they can truly revamp a living space (or two). But what if we told you that ther...

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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 of winter when you need heat more than ever. You can spend money to have a professional come and perform the inspection and tune-up,...

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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 – and, worse – homes. Yet, in the same breath, we have witn...

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"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 with a 15 per cent increase ...

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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 find yourself with more time to plan your next move.   So, why not swap those hot sum...

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Kemptville Real Estate

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 that! With the steady growt...

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