REAL ESTATE NEWS


Is It Time to Renovate Your Basement?

Is It Time to Renovate Your 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? It might be time to renovate your basement.  This ...
Ottawa and Real Estate Market Snapshot April 2021

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

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 ...
6 Things To Do Before Settling Into Your New Home

6 Things To Do Before Settling Into Your New Home

Buying a home is an exciting time for both new home buyers and experienced buyers alike. It is a fresh start, with new walls to build your life within. However, once the move begins, things can feel stressful, frantic, and exhausting, especially if there’s extra work to be done while boxes are being piled one ...
How COVID-19 changed the face of Real Estate in Ottawa

How COVID-19 changed the face of Real Estate in Ottawa

Real Estate in Ottawa has been a hot topic for some time now. Despite the industry’s sudden shutdown at the beginning of the pandemic, home sales picked up as soon as it was announced that the Real Estate industry was deemed an essential service. Since then, Ottawa residents have been fascinated as they watch homes ...
Ottawa and Real Estate Market Snapshot February 2021

Ottawa and Real Estate Market Snapshot February 2021

The February 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Low inventory is causing properties to “fly off the shelves”. With a record number of sales for the month, residential homes being listed are on the market for an average of 14 days which is a significant drop from the average 30 days ...
5 Winter Home Selling Tips to Elevate Curb Appeal

5 Winter Home Selling Tips to Elevate Curb Appeal

While some people look down on it, selling your home in the winter can actually be a great experience. Buyers this time of year are more serious, and with a currently low inventory, Real Estate in Ottawa is advantageous for sellers. Many homes sold in the winter months have had multiple offers, and have sold ...
Ottawa and Real Estate Market Snapshot January 2021

Ottawa and Real Estate Market Snapshot January 2021

Market Reports Request Market Snapshot: Buyer demand fueled the Ottawa resale market as we kicked off the year. The announcement of the stay-at-home order early in the month caused a shortage in inventory while the strong demand remained. If you’re considering a move we’re here to help answer any questions you have, in this market ...
Virtual Open Houses in 2021

Virtual Open Houses in 2021

Live stream open houses have never been more popular in the real estate world.  “Since the feature was made available on REALTOR.ca in April, there have been more than 24,800 live stream open houses conducted by more than 2,600 REALTORS® across Canada.” according to CREA.  That’s a lot of people that potentially have been saved ...
What do Luxury Condos in Ottawa look like?

What do Luxury Condos in Ottawa look like?

Some buyers have dreams of a white picket fence, others imagine a life of luxury when purchasing a home. Those in pursuit of this lifestyle may be curious to know what to expect in the Ottawa luxury condominium market. Luxury condos in Ottawa are typically found in the downtown core, with good proximity to shops ...
Pandemic Projects To Get You Through Lockdown 2.0

Pandemic Projects To Get You Through Lockdown 2.0

We are spending much more time at home these days, which means we’re likely seeing projects and tasks that have been neglected in the past. Maybe they are beginning to stand out a bit more than before, or maybe you are just fixating on the imperfections that no one else really notices. Whatever the case ...
Online User’s Guide to Buying a Home During Covid

Online User’s Guide to Buying a Home During Covid

The New Importance of Online Tools COVID-19 has changed our lives dramatically.   All facets of our day to day routine were transformed. Initially, the Real Estate community saw a drastic slowdown in the sale of homes.  However, the industry was quick to adapt to the new challenging environment as we were deemed an essential service. ...
Ottawa and Real Estate Market Snapshot December 2020

Ottawa and Real Estate Market Snapshot December 2020

Market Reports Request Market Snapshot: Ottawa’s resale market continued to thrive through December despite the challenges of 2020. The inventory shortage for 2020 caused an increase in the sale price as the demand remained with record-low mortgage rates. If you’re considering a move we’re here to help answer any questions you have, in this market ...
Saving Money to Buy Your Home

Saving Money to Buy Your Home

Everyone needs a place to call home. It’s our base. It’s the foundation upon which we build our lives. It defines our sense of community and the satisfaction of participation. But what is the price tag that comes with owning your own home? How do we secure the money to become homeowners? How do we ...
Ottawa and Real Estate Market Snapshot November 2020

Ottawa and Real Estate Market Snapshot November 2020

Market Reports Request Market Snapshot: Ottawa’s resale market didn’t show its typical slowdown in November. With no slowdown our resale year to date transactions are on track with 2019. There were 50% less residential listings than this time last year. A concurrent decrease in inventory is a reliable indicator of why the average sale price ...
Shopping Local this Christmas

Shopping Local this Christmas

The holidays are fast approaching, and the recent snowfall has heightened the spirit of giving and kindness of residents in the city. People are buying gifts for family and friends, trying to get ahead of the last-minute December holiday rush. Instead of spending hours in line buying gift boxes and gadgets, buy something unique and ...
Buying a Home with a Friend

Buying a Home with a Friend

Buying a home with a friend is a good way to get into the housing market. The pandemic has affected businesses everywhere, the Real Estate market has rebounded well. House sales experienced a little interruption early on. It has bounced back bigger and better than what could have ever expected. This has been a result of ...
Community Associations in Ottawa

Community Associations in Ottawa

Here is everything you need to know about the Community Associations in Ottawa.  Finding a community you feel connected to can be a huge factor in buying a new home. Some people prefer to stay within the community they know best. Others venture out to discover new areas and build new connections. Discovering the ins ...
Ottawa and Area Real Estate Market Snapshot October 2020

Ottawa and Area Real Estate Market Snapshot October 2020

Market Reports Request Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the pandemic. We saw gains in the average sale price followed by a decrease from September ...
Time to Buy a Year-Round Cottage

Time to Buy a Year-Round Cottage

This year has been a real challenge for all of us. The combination of the COVID-19 virus and uncertain economic times have been incredibly worrisome.  With the arrival of Fall, the situation is still uncertain and extremely stressful. During the summer, many of us were dreaming of escaping to a safe and relaxing haven. As ...
Real Estate Vocabulary 101

Real Estate Vocabulary 101

I Have No Idea What He Just Said As we reach each new stage in our lives, we are always learning. There is especially true when we have decided to buy a home. Before you start the journey of purchasing a home, you must understand the basic vocabulary and terms used in the Real Estate ...
Closing the Cottage for the Winter

Closing the Cottage for the Winter

It is always a sad day when you are sitting at the cottage, and the leaves start to turn, and you realize that the nights are getting cooler. We usually delay the decision to close up the cottage to the last minute. Given our uncertain weather events these days, it is best not to wait. ...

Ottawa and Area Real Estate Market Snapshot September 2020

    Market Reports Request We have detailed statistics and market reports available in all areas in and around Ottawa. ...
Make Leaf Peeping a New Tradition

Make Leaf Peeping a New Tradition

Autumn is always my favourite time of year, not just because the temperatures are cooler, which makes working outside so much nicer, but also because it is the time of year that presents the wonderful prospect of leaf-peeping.   What is Leaf Peeping? Leaf peeping isn’t new. I am sure many of us can remember ...
Pool Dreams: Creating Your Stay-at-Home Backyard Oasis

Pool Dreams: Creating Your Stay-at-Home Backyard Oasis

The hot ticket item throughout the COVID-19 pandemic has been changing at a pace that almost seems impossible to keep up with. It began with toilet paper and Lysol wipes, and moved quickly to office furniture and electronics, and now that summer is here, and a hot one at that, Ottawa area residents are now ...

Chris Drozda

Broker

 

Royal LePage Team Realty

304 Colonnade Drive,

Kemptville K0G1J0

Phone: 613-223-6625

[email protected]

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