REAL ESTATE NEWS
Mother's Day from a Distance
Mother’s Day is just around the corner, and while many of us generally take this time to visit and surprise our Mothers with gifts of appreciation, good food, and laughs with the family, the current state of the COVID-19 pandemic still has us practicing social distancing measures, limiting our interactions. While this certainly isn’t...
Video Chat Platforms: Social Interaction During Social Distancing
The onset of the global COVID-19 pandemic has created changes and challenges in the way we conduct our normal daily activities. While we used to enjoy taking a break from the busy world outside of our homes, we are now being asked to make that break our new reality by staying inside and practicing social...
What style of House are you?
Have you ever wondered what type of neighbourhood best resonates with you? Buying a home is an exciting time for new, and there are so many choices when it comes to housing styles, are you a bungalow, a stacked condo, a single-family dwelling? Each of these styles of homes can be found in neighbourhoods with...
Ottawa Real Estate Snapshot March 2020
Market update: March 2020. While we are thankful to have been named an essential service, Realtors® and brokerages everywhere are working together to ensure that necessary protocols are in place to ensure public safety in this new reality. As trusted advisors, committed to flattening the curve, our industry is finding creative ways to use technology...
Is the right time for us to purchase Real Estate?
Is the right time for us to purchase Real Estate? The question of when it is the right time to purchase real estate is always a very important family decision. For millennials, homeownership in Canada is approximately 50 percent. In contrast, 55 percent of their parents currently own their own homes. While millennials have lower...
What You Need to Know About Cannabis Legalization in the Housing Market
Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Updated 24 April 2020 Recreational cannabis has been legal in Canada since October 2018. Saskatchewan’s implementation of the new law has been the most efficient. Ontario was the slowest; however, it is now improving the availability of cannabis products. Federal and Provincial regulations...
Buying your first home in Canada – What you Need to Know
One of the reasons Canada is the greatest country in the world is that we embrace new Canadians. The indigenous people were the first people in Canada. All other Canadian families have come from another country, we all have come from somewhere. Canada proudly is one of the most diverse and safe countries in the...
Buying your first in Canada – What you Need to Know
One of the reasons Canada is the greatest country in the world is that we embrace new Canadians. The indigenous people were the first people in Canada. All other Canadian families have come from another country, we all have come from somewhere. Canada proudly is one of the most diverse and safe countries in the...
Owning versus Leasing
It is essential for a business that they find the right location to set up their business and to decide whether to buy or lease a location. There are advantages and disadvantages to both. You will need an experienced commercial REALTOR®, an accountant and a lawyer working together to help you make the right decision...
Ottawa Real Estate January 2020 Highlights and Statistics
Based on information released February 5, 2020 by the Ottawa Real Estate Board Average Sale Prices up over 19% in both Residential and Condominium Properties January’s average sale price for a condominium-class property was $338,077, an increase of 19.1 % from January 2019 January’s average sale price of a residential-class property was $516,229, an increase...
Commercial Property …Not without a realtor
Have you ever considered owning, investing or leasing commercial real estate? Commercial real estate is defined as any non-residential property used for commercial profit-making purposes. It includes; office, retail, industrial, institutional, land, multi-family residential, and hotel/motel properties. All aspects of acquiring or leasing a commercial property are much more complicated than residential and require a...
Ottawa Real Estate Market Snapshot
Ottawa Real Estate Highlights December 2019 Record-Breaking 2019 Closes Out Decade Another record breaking year in both the number of sales & average prices! The average sale price of a residential property crept up over $500K during several months in 2019, with the annual average sale price settling at just below $490,000. As we head...
All I want for Christmas is a HOME
Buying a house is an exciting time, and whether you are just entering the market or you are a seasoned buyer ready for your next move, investing in real estate is a smart decision. To some, the Realtor App could be considered the Tinder of the Real Estate world, swiping past sub-par matches looking for...
The Season of Giving – Gift Ideas for all the Homeowners in your Life
Coming up with gift ideas for the people in your life can be difficult sometimes. We have put together a gift-giving guide for those people that have moved into a new home or a new condo. Perhaps you are the one that has moved this year if so we included some ideas for little gifts...
Ottawa Real Estate Market Snapshot November 2019
Ottawa Real Estate Highlights November 2019 Weather isn’t Cooling the Resale Market! Highlights from the Ottawa Real Estate Board December 4, 2019 UNIT SALES Members of the Ottawa Real Estate Board sold 1,288 residential properties in November through the Board’s Multiple Listing Service® System, compared with 1,161 in November 2018, an increase of 10.9 %. Residential:...
Picking a Condo that Matches your Lifestyle
While many people once shied away from condominiums, today, this home-owners option is sought out by people of all ages and lifestyles. Condominiums are popping up in all neighbourhoods, with amenities that cater to the needs of people with all types of wants, needs, and abilities. Whether you are a working professional, young family, retiree...
Ottawa Real Estate Snapshot: October 2019
Ottawa Real Estate Snapshot: October 2019 Based on information from on the Ottawa Real Estate Board November 5th, 2019 Properties Sold Total properties sold: 1,607 an increase of 16.9% over October 2018 1,211 in the residential-property class, up 15% over October 2018 396 in the condominium-property category, up 23% over October 2018 The five-year average...
Condo Living – Is it right for you?
After a few flat years, the Ottawa condo market started picking up steam in 2016 and continues to be a popular choice for Ottawa buyers today. Lower inventory levels and higher prices in the residential market have helped to increase activity in the condo property class. According to the Ottawa Real Estate Board “September...
First Time Home Buyer Incentive – Need a Little Help?
With the recent federal election there has been a great deal of discussion around the Liberal Government’s incentive for First-time Home Buyers which was effective September 2, 2019. The Government of Canada has allocated $1.25 billion over the next three years for this program. The incentive is designed to help first-time home buyers find an...
What can we expect from the Fall Real Estate Market in Ottawa?
In Ottawa, we talk about the Spring market and the Fall market as being the two busiest seasons to buy and sell real estate in Ottawa. Our Spring market started early this year and instead of slowing down over the Summer it continued to be strong throughout the Summer months. Throughout the year we have...
Is that House Haunted?
Stigma and Real Estate Would the fact that property is believed to be haunted affect your decision to purchase it? If a property had been the location of an unspeakable act, would that change your opinion on it? Picture this, you’ve just found the home of your dreams and have put in an offer. Of...
Having Your Home Listed Over the Holidays
If you are planning to sell your home in the next few months, it is wise to plan to maximize the sale of your home. As the temperatures are cooling and the days are getting shorter, we are starting to think of the coming fall and winter seasons. We will also start to think of...
Ottawa Real Estate Update: September 2019
Ottawa Real Estate update September 2019 The fall real estate market in Ottawa is in full swing with strong numbers showing no signs of a slow-down in spite of the upcoming election. Condo prices have recovered (and are moving upward) in the Ottawa Real estate market and sellers are jumping back in to take advantage...
Luxury Style on a Budget
Do you check out luxury listings on Carriage Trade and become envious of the homes that you see? Luxury homes are often the epitome of style but you can bring some of that style into your own home without breaking the bank. Using these creative ideas, any home can feel like a luxury dream home!...
Ottawa's Most "Luxurious" Neighboourhoods
Ottawa’s neighbourhoods are diverse and most offer something for everyone. If you are looking for luxury, it’s all around us with little pockets throughout the city. Large lot sizes in rural areas and even within the city allow for beautiful large custom homes and these opportunities are popping up everywhere! Below you will find a...
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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