REAL ESTATE NEWS


Should you build, or should you buy?

Should you build, or should you buy?   As a buyer, deciding between building a new home and buying an existing one is a choice that requires consideration. Both options have their own set of advantages and disadvantages which can greatly impact your lifestyle, budget and long-term goals moving forward. In this blog, we’ll delve...

Ottawa Real Estate Market Snapshot May 2023

The May 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: Temperatures were on the rise last week and we saw the resale housing market mimic the rise in May as the number of properties sold were up 6% over those of May 2022. With inventory at a low and sale prices up from...

Ottawa Real Estate Market Snapshot April 2023

The April 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: It MAY not feel like spring with the current cool temperatures but the real estate stats for April are a sure sign that spring is in the air! Three signs we’re in a seller’s market: inventory is down to less than two months...

Selling Your Home in a Competitive Market

Selling Your Home in a Competitive Market   Selling a home can be a challenging process in any market, let alone a competitive one. With so many properties up for sale, it is essential to take strategic steps to ensure that your home appeals to as many potential buyers as possible. In this blog, we...

Ottawa Real Estate Market Snapshot March 2023

The March 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The number of property sales may be down 40% from those in March of 2022 however, they’ve increased by 40% over last month (February 2023) showing signs that the spring market is sprouting in Ottawa. If you’re preparing to list your property for...

Ottawa Real Estate Market Snapshot February 2023

The February 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The average days on market for a listing has decreased as the market continues to stabilize. A decrease in average sale price from February of 2022 which was the peak of the pandemic market however we did see a month over month increase...

The Role of Technology in Real Estate

The Role of Technology in Real Estate   As technology continues to advance at an unprecedented pace, it has become increasingly important for those in real estate to keep up with the latest innovations that affect the industry. However, familiarizing yourself with the ever-changing landscape of real estate technology can often be a challenge, even...

Preparing Your Home for a Spring Sale

Preparing Your Home for a Spring Sale   As a homeowner and future seller, it’s important to be aware that the real estate market will fluctuate with the changing seasons. The springtime is typically regarded as the most ideal time for buyers to begin their search due to a variety of factors, such as weather...

Ottawa Real Estate Market Snapshot January 2023

The January 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: New year, new market as we see a slowdown in the number of sales for January and a decrease in the average sale price over January of 2022. We did however see an increase of 3% in the average sale price of a...

How does location influence desirability and value?

How does location influence desirability and value?   Location, location, location. You’ve heard it a thousand times when it comes to real estate, and you likely understand what it means. But which aspects of your location are of most influence when it comes to determining the desirability of your property and ultimately affecting its value?...

Should you redo your floors?

Should you redo your floors?   Floors have a dramatic effect on your home’s decor. If you think about it, they’re some of the largest surfaces inside of your home – meaning they take up quite a lot of the space, visually. Your floors serve a functional purpose too, meaning they may have taken quite...

Ottawa Real Estate Market Snapshot December 2022

The December 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: As interest rates and inflation increase, buyers are retreating to the sidelines, taking a wait, and see approach. The seasonal slowdown for December’s resale market is in stark contrast to the active resale market that started the year off which has officially balanced...

What does a home inspector look for?

What does a home inspector look for?   Scheduling a home inspection is an often crucial step in the home buying process. No matter how nice a home looks to the untrained eye, there are sometimes nasty surprises and unforeseen costs that can easily be avoided through an inspection. During the global pandemic, it became...

Professional Photographers Make a Difference

Professional Photographers Make a Difference   Browsing listing options as a buyer can be intriguing and exciting, but it can quickly become overwhelming and exhausting. There are many options to choose from, each listing with their own set of unique benefits and areas for improvement. Buyers can’t tour them all, so what will set them...

Make Your Home Feel Cozy This Winter

Make Your Home Feel the Cozy This Winter   It’s wintertime in the nation’s capital! We hope you’re enjoying the festivities and sights around town. While the winter months may provide us with this beautiful landscape covered in snow, they’re also quite cold and gloomy at times. One of the best ways to combat the...

Protect Your Home From Winter Damage

Protect Your Home From Winter Damage   We can agree, for the most part, that the wintertime is beautiful. As the seasons change, our world becomes blanketed in a snowy landscape covered in festive lights and other seasonal decor. Although it’s a gorgeous time of year, the winter cold, snow and ice are not only...

Beyond the Sign: Team support means strength in numbers

Houses are bought and sold all the time in the Ottawa area, but have you ever thought of what goes into a successful real estate transaction? The REALTORS® at Royal LePage Team Realty work diligently with the support of their leadership team to make sure that every transaction goes as smoothly as possible. “We have a management team that...

What Could be Lowering the Value of Your Home?

What Could be Lowering the Value of Your Home?   If you’re looking to sell your current home, you’re going to want to receive the highest value you can from the eventual sale. There are many elements of your home that could be increasing the value, but there are also equally many factors that could...

Low-Budget, High-Impact Home Updates

Low-Budget, High-Impact Home Updates   If you’re looking for a low-budget, high-impact home upgrade or renovation, there are luckily quite a few that can give your home a boost in terms of decor and functionality. In this blog, we’ll cover a few quick renovation tricks for a variety of rooms and spaces in and around...

Ottawa Real Estate Market Snapshot November 2022

The November 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: Ottawa sales continued to slow in November, a reflection of what’s happening across the country. The post-pandemic economy as well as a natural cooling for the time of year have officially balanced the market. If you’re considering a move we’re here to help...

BIG vs. Smaller Real Estate Firms: Why We’re Ottawa’s #1

BIG vs. Small-Scale Real Estate Firms: Why Team Realty is Ottawa’s #1.    Real estate transactions are some of the biggest and most significant financial decisions you will ever make. Whether you are buying, selling, or using real estate as an investment, ensuring you have the backing of a brokerage with tenured experience at hand...

4 Tips for the Coziest Autumn Patio

4 Tips for the Coziest Autumn Patio   As the weather cools, you’re still going to want to make the most of your outdoor spaces. Luckily, you still have a lot of time left to enjoy them before the snow falls. In this blog, we’ll discuss some common patio trends that will help you make...

5 Things You Need to Know About Buying Commercial property

5 Things You Need to Know About Buying Commercial property. The first thing you need to decide when first considering investing in commercial real estate will be the type of property that best suits your needs. Each has its pros and cons and will need different expertise. It’s important to note that residential mortgages are...

Low Maintenance Curb Appeal

Low Maintenance Curb Appeal. We all want our yards to look great, but nobody wants to spend their weekends doing yard work. If you’re looking for a low-maintenance property, there are a few things you can do to make your life easier. Low Maintenance Gardening Choose easy-care plants that don’t require a lot of watering...

Everything You Need to Know About Trees

Everything You Need to Know About Trees   With the recent Ontario wide storm so many trees were toppled over and caused a lot of property damage. So we thought it would be a good time to talk about how to properly care for your new trees, if you’ve chosen to replant some of the...