Monthly Archives July 2018

Neighbourhood Snapshot: Exploring Almonte

Under 30 minutes to Ottawa, Almonte is an Area Home Buyers Should Consider Most of us have heard the Mark Twain quote  “Buy land, they’ve stopped making it”,  there’s no doubt that investing in real estate is a great way to build equity.   As prices in the urban centres creep up, more Ottawa buyers are purchasing condos as a way to get into real estate investment.  We saw a condo boom in 2017 and the trend is continuing into 2018.  While this is a great option, if the condo lifestyle doesn’t appeal to you, you might consider bucking the trend
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The Pros and Cons of Condo Living

The condominium market is expected to see continued steady growth in most Canadian real estate markets this year. Demand for condos tends to be driven by young professionals, interested in living and working in the downtown core of an urban center, and retiring baby boomers, looking to downsize to a lower-maintenance home, convenient to amenities. Is condo living right for you? There are a number of pros and cons to consider. In condominium complexes, maintenance such as lawn-mowing, leaf-raking, weeding, and shoveling are handled by hired maintenance professionals, meaning a lighter load of chores for the homeowner. Living in a
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Listed, Viewed, Sold! Steps in the home selling process 

Listed, Viewed, Sold! Steps in the home selling process   Selling your home is a big task, and an important one to pay critical attention to – as your house is typically your biggest asset. Ensuring that you’re ready to start this journey is key, and being as prepared as possible can ensure your house is sold for its’ top value. There are many important steps along the way when it comes to selling your house, and to take off some of the pressures, we’ve laid them out for you in this article. Find a realtor Your realtor is going to be
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Neighbourhood Spotlight: Kanata

Kanata is one of Ottawa’s largest suburban areas, but with a growing population and a bustling economic and cultural life, it is far from a sleepy bedroom community. Comprised of more than a dozen neighbourhoods spread over some thirty square miles, Kanata is home to many of the region’s major hi-tech employers and a variety of large recreational and cultural institutions, making it an attractive community for young professionals and their growing families. Originally part of the township of March, which was first settled by Europeans in the early nineteenth century, this was a mainly agricultural area until the 1960’s,
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Choosing a Realtor That’s Right for You

Choosing a Realtor That’s Right for You When it comes time for you to buy or sell your home, you’ll want to be sure that you have the guidance and support necessary for you to make a decision you’re most comfortable with. With that said, finding the right Realtor is just as (if not more) important as finding the right home. We know that by choosing Royal LePage Team Realty you are trusting us to ensure your real estate transaction goes smoothly and that your interests and investments are protected, our REALTORS® take this responsibility very seriously. Selling your home? Albeit a
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Choosing Art for Your Home

Your house starts to become your home on moving day, when you begin to arrange furniture, unpack boxes, and make choices about how to make the space your own. Artwork and personal mementos can be among the most important items to make a new home feel cozy and familiar. But for some of us, figuring out how to personalize a place with artistic touches can be a challenge. Here are a few tips on how to use artwork to make your home your own. Pick Something You Love The most important factor when choosing artwork or other decorative features for
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Condo Sales Keep Market from Over Heating

Members of the Ottawa Real Estate Board sold 2,070 residential properties in June through the Board’s Multiple Listing Service System, compared with 2,163 in June 2017, a decrease of 4.3 percent. The five-year average for June sales is 1,914. June’s sales included 455 in the condominium property class, an increase of 11.5 percent from June 2017 and 1,615 in the residential property class, a decrease of 8 percent from a year ago. The first half of 2018 has performed very well with the number of year to date residential sales almost identical to this time last year. Condo unit sales
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Airbnb: New regulations may change your investment

To Airbnb or not to Airbnb? New regulations in Ottawa  In the past few years, the trend of Airbnb has been sweeping the nation.  Airbnb gives property owners a platform to rent income properties and even their own homes as short term rentals.  With the homeowner in control of timing and rates, this can be a great way to off-set the costs of owning a property.   However, with the implementation of new taxes for short term rentals and with some condominium corporations changing their rules to disallow individuals from utilizing their units for such purposes, it may not be as
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Ottawa Real Estate Market Snapshot: June 2018 

June 2018 in Ottawa Real Estate: Market Snapshot Ottawa Real Estate Market Snapshot: June 2018:  The Ottawa Condo market is leading the way in units sold, up over 16% in the first half of 2018 compared to the same time period last year, experts say Buyers looking for affordable homes may be turning to the Condo market, due to the increase in price in single family homes.  Compared with 2017 Ottawa home sales in the $250-275K price point have decreased by 37%, and we’ve seen a 41%  decrease in the $275-300K price range. Have questions? Looking for specific neighbourhood stats? Message
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