REAL ESTATE NEWS
Ottawa Real Estate Market Snapshot January 2022
The January 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: January 2022’s sales were much like those of January 2021. Prices continued to rise as inventory remained low. Januarys condo market remained hot as sale prices are more attainable for buyers. If you’re considering a move we’re here to help answer any...
Ottawa Real Estate Market Snapshot December 2021
The December 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: A typical December resale market but, with Ottawa’s inventory shortage the pressure continues to increase sale prices. The Seller’s market held strong as December had less than one month’s supply of residential homes and condominiums. If you’re considering a move we’re here to...
Ottawa Real Estate Market Snapshot November 2021
The November 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The number of transactions were down from November of last year however, unit sales were up 14% from November of 2019 (pre-pandemic). Meanwhile the average sale price escalations we’ve seen have lightly tapered off. If you’re considering a move we’re here to help...
Carriage Trade: Buying and Selling Luxury Real Estate
With beautiful backdrops of Parliament and Gatineau hills, the Rideau River and more, Ottawa is a magnificent city that many flock to when searching for a town in which they can settle down and place roots. For those looking for homes that are as luxurious as the views they crave, Royal LePage TEAM Realty has...
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 October 2021
The October 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: It was a common fall October market but if you’re looking to find a balanced market, Ottawa is not the place. With a one-month supply for residential properties the pressure continues to increase prices. If you’re considering a move we’re here 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...
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...
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...
Ottawa and Real Estate Market Snapshot August 2021
The August 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The August resale market was a typical one during the summer months in Ottawa. Notably, the number of sales for the month was on par with past pre-pandemic figures in August of 2017 and 2018. If you’re considering a move we’re here to...
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...
Ottawa and Real Estate Market Snapshot July 2021
The July 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The slow down in the Ottawa resale market is typical for July as Buyers and Sellers turn their attention to their vacations and other outdoor recreational activities. We are seeing housing stock increase and prices begin to stabilize which may indicate that Ottawa’s...
Royal LePage TEAM REALTY 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 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 Ottawa this spring, we...
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...
Is It Time to Renovate Your Basement? How Do You Want to Use the Basement?
When you walk downstairs to your basement, do you look around and think we could turn this into a much more comfortable living space? Does watching the home renovations shows on TV give you some exciting ideas helping you visualize what your basement would look like? A renovated basement will increase the value of your...
Ottawa and Real Estate Market Snapshot April 2021
The April 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The strongest April on record. With more sales and accelerated price increases the continued lack of supply is apparent. The pandemic has homeowners focusing on living space, driving the demand for change. If you’re considering a move we’re here to help answer...
Ottawa and Real Estate Market Snapshot March 2021
The March 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The long-term inventory shortage continues to drive prices however, the number of residential properties sold in March of 2021 is over double the number of properties that sold just one year prior. The Spring market sure has sprung! If you’re considering a move...
Daniel Warchow
Broker
Cell: 613-983-1732
Royal LePage Team Realty Brokerage
1723 Carling Avenue
Ottawa, ON K2A 1C8
Office: 613-725-1171
Cell: 613-983-1732
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