OTTAWA REAL ESTATE BLOG
Negotiation in Real Estate
The negotiation stage is a pivotal point in any real estate transaction, as it plays a significant role in determining the outcome of the deal. No matter if you're buying or selling a property — understanding the nuances of real estate negotiation is crucial for securing the best terms, prices, and conditions. In this comprehensive […]
The Seasons and the Ottawa Real Estate Market
The Seasons and the Ottawa Real Estate Market Like the changing seasons, the real estate landscape experiences shifts and transitions, each holding a unique influence on buying and selling patterns. Seasonality is more than just a climatic phenomenon — it's a critical factor that both buyers and sellers will need to consider in order […]
Great Renovations & Updates for Your New Home
Great Renovations & Updates for Your New Home Congratulations on moving into your new home! Now for the best part — adding your own personal touch. With a dash of creativity and some careful planning, you can transform your space into a haven that perfectly reflects your distinct sense of style. In this […]
Retirement Home Buyer’s Checklist
Retirement Home Buyer's Checklist Congratulations on retirement! It’s truly a momentous occasion when you’re able to hang up your hat and look back at your professional career as an accomplishment. You’ve earned the years of leisure to come, and you deserve a home that will grant you the utmost comfort and fulfillment in this […]
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 […]
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 […]
Make Your Home Blossom: Decor Tips
Make Your Home Blossom: Decor Tips Springtime is renowned for new beginnings and fresh starts. As the winter months come to an end and the days get longer, many homeowners start thinking about new ways to freshen up their living spaces. Spring is the season of renewal, and what better way to embrace it […]
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 […]
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 […]
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 […]
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 […]
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 […]
Ottawa Real Estate Market Snapshot October 2023
The October 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: Sales and prices on resale properties in Ottawa may have slowed down however, this is a typical trend for October. “While Ottawa’s inventory is slowly building, chronic supply issues mean there’s always an undercurrent of demand. Don’t let the lull fool you: now is […]
Ottawa Real Estate Market Snapshot September 2023
The September 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The Ottawa real estate market has now reached a balance, meaning buyer demand is equal to the supply from sellers. It has been some time since Ottawa last saw a balanced market, making it even more crucial for buyers and sellers alike to consult […]
Ottawa Real Estate Market Snapshot August 2023
The August 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: There was a slight increase in the number of properties sold in Ottawa’s resale market for August over the same time last year. Demand continues in Canada’s capital as we see an increase in immigration and a new cohort entering the housing market. […]
Ottawa Real Estate Market Snapshot July 2023
The July 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The Bank of Canada made two recent hikes to interest rates however, consumers remained confident as we saw the number of sales rise 15% over July of last year. Inventory has continued to climb as did the average sale price in comparison to […]
Ottawa Real Estate Market Snapshot June 2023
The June 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: We saw an increase in the number of sold properties over those of June 2022 even though the number of listings were down from the previous year. A strong indication that those who are out shopping are serious about making a purchase. With […]
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 […]
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 […]
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 […]
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 […]
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 […]
Ottawa Real Estate Market Snapshot October 2022
The October 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: With a big decrease in the number of units sold for October buyers now have more selection and time to shop. However, the interest rate increases may have affected some purchasing power. Whether you're buying or selling keeping a long-term perspective is important. […]
Ottawa Real Estate Market Snapshot September 2022
The September 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: As interest rates climb buyers in Ottawa are taking a step back while keeping a close watch on price trends. An increase in listings compared to last month and this time last year means more options for those who continue their hunt for […]
Ottawa Real Estate Market Snapshot August 2022
The August 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: Sales slowed down in August which is traditional for the month as most are enjoying summer vacations. Days on market increased as did prices (in comparison to August 2021) but at a more moderate rate than earlier in the year. If you're considering […]
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 […]
Embrace Winter: Go for a Skate!
This winter has been a challenging one for everyone; whether it’s the treacherous commutes or never-ending “snow days”, it can be hard to see the light at the end of the tunnel! Instead of focusing on how many more cold days lie ahead, try embracing the season for all that it has to offer. Skating […]
Winter in Ottawa
Festivals and Events to Keep You Busy This Season Winter may seem like the perfect season to curl up on the couch and binge-watch your favourite Netflix series, but that would also mean missing out on a multitude of engaging and culturally diverse activities in the Ottawa and surrounding area. Read below for a highlight […]
Frugal Family Fun in Ottawa
Frugal Family Fun in Ottawa Did you know that entertaining and enjoying time together as a family does not need to cost a lot of money? Its true-despite what parenting magazines and social media ads would like to have you believe. Yes, there are activities that cost more than others, but there are also a […]
Clean, Clean, Let it be Spring!
Spring Clean-Up Time in the Capital As spring speckles and the snow begins to melt, it’s time to get busy cleaning up our capital after Jack Frost’s long hold over us. Littered across this beautiful city, left out in the winter’s cold we’ll find discarded coffee cups, old cigarette butts, stray plastic bags and papers […]
Winterlude 2018
The Winter months in the Capital are arguably some of the most enjoyable for its residents and their families. Christmas has passed, yuletide memories have been made, and we’ve welcomed the New Year with wide opened arms. And with the anticipation of new beginnings in 2018, we take in a deep breath of fresh, brisk […]
Canada 150: Enjoying the Fall Season
Canada’s 150th milestone is here and in full swing; and what a year it’s been so far! We’ve bundled up as we watched our favourite downhill skaters at Red Bull’s Crashed Ice, cheered on our favourite musical talents at the 2017 Juno Awards, looked up – way up – at those daring enough to eat, […]
Ed O’Connell Memorial Award
[mp_row] [mp_span col="12"] [mp_text] [/mp_text] [/mp_span] [/mp_row] [mp_row] [mp_span col="6"] We are proud to announce the 2016 recipients of the Ed O'Connell Memorial Award: A person associated with Royal LePage Team Realty Brokerage who has made a substantial commitment and a significant difference in the real estate community. The recipients have achieved outstanding success by: • Being a […]
Costs on Your Home Over the Christmas Season: Trimming the Holiday Stress
Christmas is indeed a time for many things. It is time well spent with our families and our friends, a time for celebration, a time for passing down holiday traditions (as well as creating new ones); and, of course, with the end of year approaching, it is a time of reflection and resolution. Moreover, with […]