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OTTAWA REAL ESTATE BLOG


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REAL ESTATE BLOG
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Home Projects To Ready Your Home For Summer
  https://www.teamrealty.ca/uncategorized/home-improvements-do-it-yourself-or-hire-a-professional/With the spring season now in full bloom, summer approaching quickly, and social distancing guidelines leaving you a little stir-crazy, you may be feeling anxious to spend time outdoors and keep yourself busy while waiting for restrictions to be lifted. Fortunately, when you have to #StayHome, you might be able to find some time […]
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Video Chat Platforms: Social Interaction During Social Distancing
The onset of the global COVID-19 pandemic has created changes and challenges in the way we conduct our normal daily activities. While we used to enjoy taking a break from the busy world outside of our homes, we are now being asked to make that break our new reality by staying inside and practicing social […]
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What style of House are you?
Have you ever wondered what type of neighbourhood best resonates with you? Buying a home is an exciting time. There are so many choices when it comes to housing styles, are you a bungalow, a stacked condo, a single-family dwelling? Each of these styles of homes can be found in neighbourhoods with different characteristics, making […]
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When is the right time for us to purchase Real Estate?
The question of when it is the right time to purchase real estate is always a very important family decision. For millennials, homeownership in Canada is approximately 50 percent. In contrast, 55 percent of their parents currently own their own homes.  While millennials have lower ownership rates, it is expected that the numbers will increase […]
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What You Need to Know About Cannabis Legalization in the Housing Market
Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Updated 24 April 2020 Recreational cannabis has been legal in Canada since October 2018. Saskatchewan’s implementation of the new law has been the most efficient. Ontario was the slowest; however, it is now improving the availability of cannabis products. Federal and Provincial regulations, […]
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Owning versus Leasing
It is essential for a business that they find the right location to set up their business and to decide whether to buy or lease a location. There are advantages and disadvantages to both. You will need an experienced commercial REALTOR®, an accountant and a lawyer working together to help you make the right decision. […]
DRAFT MARKET STATS JANUARY 2020
Ottawa Real Estate January 2020 Highlights and Statistics
Based on information released February 5, 2020 by the Ottawa Real Estate Board Average Sale Prices up over 19% in both Residential and Condominium Properties January’s average sale price for a condominium-class property was $338,077, an increase of 19.1 % from January 2019 January’s average sale price of a residential-class property was $516,229, an increase […]
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Buying your first home in Canada – What you Need to Know
One of the reasons Canada is the greatest country in the world is that we embrace new Canadians. The indigenous people were the first people in Canada. All other Canadian families have come from another country, we all have come from somewhere. Canada proudly is one of the most diverse and safe countries in the […]
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Commercial Property… Not without a realtor
  Commercial Property... Not without a realtor: Have you ever considered owning, investing or leasing commercial real estate? Commercial real estate is defined as any non-residential property used for commercial profit-making purposes. It includes; office, retail, industrial, institutional, land, multi-family residential, and hotel/motel properties. All aspects of acquiring or leasing a commercial property are much […]
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All I want for Christmas is a HOME
Buying a house is an exciting time, and whether you are just entering the market or you are a seasoned buyer ready for your next move, investing in real estate is a smart decision. To some, the Realtor App could be considered the Tinder of the Real Estate world, swiping past sub-par matches looking for […]
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The Season of Giving – Gift Ideas for all the Homeowners in your Life
Coming up with gift ideas for the people in your life can be difficult sometimes.  We have put together a gift-giving guide for those people that have moved into a new home or a new condo.  Perhaps you are the one that has moved this year if so we included some ideas for little gifts […]
FINAL OTTAWA REAL ESTATE MARKET STATS NOVEMBER 2019
Ottawa Real Estate Market Snapshot November 2019
HOMELISTINGSSEARCH OTTAWA MLS®OTTAWA OPEN HOUSESCONDOS FOR SALESOLD LISTINGSLUXURY HOMES FOR SALEBROWSE BY PRICE RANGEListings Under $300,000$300,000 – $350,000$350,000 – $400,000$400,000 – $450,000$450,000 – $500,000$500,000 – $550,000$550,000 – $600,000$600,000 – $650,000$600,000 – $650,000$650,000 – $700,000$700,000 – $750,000$750,000 – $800,000$800,000 – $850,000$850,000 – $900,000$900,000 – $950,000$950,000 – $100,0000$1,000,000 – $1,500,000$1,500,000 – $2,000,000$2,000,000 – $2,500,000$2,500,000 – $3,000,000REALTORS®COMMUNITIESALL OTTAWA […]
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Picking a Condo that Matches your Lifestyle
While many people once shied away from condominiums, today, this home-owners option is sought out by people of all ages and lifestyles. Condominiums are popping up in all neighbourhoods, with amenities that cater to the needs of people with all types of wants, needs, and abilities. Whether you are a working professional, young family, retiree, […]
FINAL MARKET STATS OCTOBER 2019
Ottawa Real Estate Snapshot:  October 2019 
Ottawa Real Estate Snapshot:  October 2019 Based on information from on the Ottawa Real Estate Board November 5th, 2019 Properties Sold Total properties sold: 1,607 an increase of 16.9% over October 2018 1,211 in the residential-property class, up 15% over October 2018 396 in the condominium-property category, up 23% over October 2018 The five-year average […]
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Condo Living – Is it right for you?
After a few flat years, the Ottawa condo market started picking up steam in 2016 and continues to be a popular choice for Ottawa buyers today. Lower inventory levels and higher prices in the residential market have helped to increase activity in the condo property class.  According to the Ottawa Real Estate Board “September [2019] […]
STATISTICS
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