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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
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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
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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
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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
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So You’re Looking to Buy Your First Investment Property – Now What?
Wouldn’t it be great if there was a brochure with everything you ever needed to know about purchasing your very first investment property but were afraid to ask? I’m sure they exist out there somewhere. But I’ve tried to take the guesswork out of it for you (as well as the legwork) and placed all...
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?
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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
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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
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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
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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
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What you Need to Know if You’re Buying Your First Home in 2023
Getting ready to buy your first home? 2023 is a great year to pull the trigger. Prices have dropped off their recent highs, and mortgage rates are still relatively low. That said, it's important to do your homework before taking the plunge into homeownership. Here are five tips to keep in mind when buying a...
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
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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
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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
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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
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