Yearly Archives 2014

Ottawa Real Estate Statistics

The Ottawa Real Estate Board reported 1,126 unit sales in the month of March, a decrease of 2.9% from March 2013. The five year average for the number of sales in the month of March is 1,291 units. The number of new listings taken in the month decreased by 3% compared to March 2013.  The average sale price increased very slightly.  At $359,051, it was up by .03% from March 2013 and was also up from the previous month.  The average sale price to average list price ratio is at 97.6%. The listing inventory increased by 10.3% over that of March
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Maintaining your investment – spring home maintenance tips

• Tune up air conditioner • Check roof shingles, flashing, and remove any debris • Check for loose or leaky gutters, and clean too! • Extend downspouts to ensure water is draining away from the foundation • Door & window check (seals, weatherstripping) • Chimney check, and have the flue cleaned • Check outside hose faucets for freezing damage • Pressure wash the exterior • Check the perimeter of your home at ground level to ensure the grading of the patio stones, interlocking bricks, etc. are sloping away from the foundation
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Barrhaven – $319,900

Immaculate, sun-filled three bedroom, three bathroom family home in a choice location! This beautifully maintained, open concept home, features hardwood floors, new windows, roof shingles, hi-efficiency gas furnace, new Trex deck, and more! The lower level is finished providing for many versatile uses.  Six appliances, wood burning fireplace, and central air included! July/TBA poss. No rear yard neighbours @ 198 Pickwick Drive! (more info)
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Spring is an Exciting Time to Buy a Home!

Finally it feels like Spring has arrived and with it comes an increased desire by consumers to start looking at the potential of buying a new home. If the home buying bug has taken a nip at you this spring, consider enlisting the services of a Trained Real Estate Professional who can ultimately save you time, money and from costly mistakes. Now, the Buying Consumer has the same privileges that has always been afforded to Sellers and can hire a Real Estate Professional to protect their interests when purchasing a home and it doesn’t cost the Buyer any money for
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Shelina Amlani

“I am very grateful for having you represent me in the sale of my home.  From the early stages of contemplating the decision, the ups and downs, the back and forth during this time, right up to receiving the offer above the asking price. Even then, giving me space to make the decision to accept or withdraw.  This shows so much character, professionalism and integrity on your part. Your kindness, empathy and patience throughout this process made it much easier for my family and I. I have the utmost respect for you and your team. Anyone selling, buying or even
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Little Italy – $414,000

Character-filled two bedroom single family home within steps to exciting Little Italy with nearby restaurants, shops and services! This early 1900′s  home features a main level family room addition, a spacious kitchen/eat-in area, an updated furnace, wiring, and more! Versatile and practical living space. July 2013 appraisal report, ESA certificate, and SPIS on file. 30-60 day possession. Front porch charm @ 69 Poplar Street! (more info)
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Home upgrades that pay off

Painting Paint provides dramatic results with little investment. It may give people joy and the sense that brighter times are ahead. Building a deck Buyers see a deck as offering a seamless transition from inside to out. Updating the kitchen You really cannot go wrong with remodeling your kitchen, which can net up to 83 percent of the cost. People know that renovating can be a nightmare, and potential buyers will appreciate that you did the work. Replacing the windows Energy-efficient windows eliminate drafts, so your home feels warmer. Windows can net up to an 81 percent return.
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Royal LePage’s New Mobile App Breaks Industry Barriers With Draw-and-Search Feature

  Royal LePage, in partnership with award-winning mobile agency Plastic Mobile, recently announced the launch of the Royal LePage mobile app for Canadian house hunters. Available for iPhone, the new app is simplifying the property search process down to the swipe of a finger. The app’s innovative Draw-and-Search feature allows users to easily zero in on a specific geographic area of interest on a map, by simply drawing the area of choice with their finger. Upon doing so, property listings within the selected region will pop up on the screen. On-the-go house hunters no longer need to log in or fill in forms
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Ottawa Real Estate Statistics

The Ottawa Real Estate Board reported 870 unit sales in the month of February, a decrease of 3.7% from February 2013. The five year average for the number of sales in the month of February is 953 units. The number of new listings taken in the month was the same as in February 2013.  The average sale price increased.  At $353,407, it was up by 2% from February 2013 and was also up from the previous month.  The average sale price to average list price ratio is at 97.1%. The listing inventory is up very slightly by .09% above February 2013. 
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Thinking of selling? Get educated about market conditions specific to YOUR home.

Our local Ottawa real estate board regularly publishes information about market conditions in and around the city. And while this information is useful, the data is based on statistics compiled from ALL home sales regardless of age, style, neighborhood or price point. As such, it may not necessarily reflect the conditions specific to YOUR home. When marketing your home for sale, it is critical that your sales representative identify market conditions specific to your home. Are you in a seller’s market, a balanced market, or a buyer’s market? Each of these market conditions demands a different marketing strategy to ensure
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