Spring Gardening 101

Spring Gardening 101

May is here, and with all the April showers we’ve seen this year we are sure to see a lot of flowers appearing soon.  Beautiful gardens and thoughtful landscaping can enhance your property’s curb appeal and make spending time outside more enjoyable, but not everyone has a green thumb!  We’ve collected some helpful tips for those who might need a little help. Planning Your Garden You can start planning your garden at any time, but it is best to have some ideas in mind before you start digging or planting. Here are some things to keep in mind when planning your garden: Decide what kind of plants you want to grow; Flowers? Herbs? Vegetables? A mix? You should also consider whether you want to grow annuals, perennials, or a mix of both. Decide where you want your garden to go, how big you want it to be, and how many ...
Latest Real Estate Market Snapshot: April 2017

Latest Real Estate Market Snapshot: April 2017

Curious about what’s going on in the Ottawa Real Estate Market?   Below are some highlights of our April 2017 market.  Curious about a certain area?  Please contact us and/or one of our Sales Representatives  for details, we have up to date statistics on all Ottawa neighbourhoods and the surrounding areas. Spring Market Continues to Blossom! News release from the Ottawa Real Estate Board, May 3rd, 2017 OTTAWA, May 3, 2017 – Members of the Ottawa Real Estate Board sold 1,795 residential properties in April through the Board’s Multiple Listing Service® System, compared with 1,711 in April 2016, an increase of 4.9 per cent. The five-year average for April sales is 1,613. “The April resale market continued its upward trend in units sold, just shy of a record set in 2010,” says Rick Eisert, President of the Ottawa Real Estate Board. “Sales activity is indicating a trend towards a seller’s market. Lower ...
Bang For Your Buck: Renos That Will Increase Your Home’s Value

Bang For Your Buck: Renos That Will Increase Your Home’s Value

If you are a homeowner, you’ve probably spent money on your property over and above the regular carrying costs.  Investing in your  property has the obvious benefits of making your home nicer to live in, but smart renovations can also have the side benefit of increasing a home’s value when it comes time to sell. Below is a list of some of the home renovations that have been shown to add the most to a home’s value, as well as some renovations to avoid. Flooring Flooring can be a costly renovation, but can also add to a home’s value if it is done properly. Generally speaking, wall-to-wall carpeting is not as desirable as it once was, and some potential buyers may even see it as a nuisance that they will have to replace. Hardwood floors, and tiled floors for bathrooms, on the other hand are in higher demand and are ...
Choosing a Brokerage to Work For

Choosing a Brokerage to Work For

Have you considered a job in a real estate? Choosing a brokerage to work for can be a daunting process. As one of the largest brokerages in the city, Royal LePage Team Realty has a lot to offer our Realtors. Combine all that we have to offer with the resources provided to all Royal LePage agents in Canada, and you will be supported, trained, and taken care of. Real estate can be both a challenging and dynamic career for people with strong interpersonal skills and good business savvy. Whether you are just starting your career or are currently working in real estate and looking to make a change, Royal LePage Team Realty will work with you to achieve your goals! What Sets Us Apart “We are committed to Helping You excel at your profession and achieve the results you want, by supporting you with a strong brand, culture of collaboration and innovation, ...
Choosing a Brokerage when Buying or Selling a Home

Choosing a Brokerage when Buying or Selling a Home

When it comes time to buy or sell a home, finding the brokerage to work with is a very important step to take. You need to find a company that will work with you to make this the most positive experience possible. “At Royal LePage Team Realty we commit to delivering high quality, industry leading and innovative real estate products and services on a complete cost-effective basis. Our business relationship will be characterized by the highest degree of honesty, credibility and fair dealing.  We are committed to setting the pace in service excellence. We commit to delivering a level of real estate professionalism that contributes to the overall well being of the community.” With a large share of the Ottawa real estate market, Royal LePage provides outstanding services to all of our clients.  Let’s take a look at what we can do for you: Why Buyers Should Choose Royal LePage ...
5 Reasons To Sell Your Home in the Spring

5 Reasons To Sell Your Home in the Spring

With the busy spring market upon us (it actually started early this year!),  let’s take a look at why this season is often seen as the best time of year to sell a home. With a large percentage of the year’s sales occurring in just a few short months, homes also tend to sell for more and spend less time on the market. And don’t worry, you’re not too late; statistics show that May is the best month of the year to list a home. Here 5 reasons spring is so popular: Homes show better in spring: Let’s face it, spring is beautiful time of year! The grass is green, the flowers are blooming, and that brightness can carry through your home. “Homes appear more appealing when the weather is warming up and buyers tend to be in high spirits.” Moving in late spring or early summer is far more appealing: ...
Ottawa Real Estate Update | March Goes Out Like a Lion

Ottawa Real Estate Update | March Goes Out Like a Lion

Second best March on record for units sold, multiple offers, fewer days on the market and the average price for a residential home over $415K , spring has definitely sprung in the Ottawa Real Estate Market! From the Ottawa Real Estate Board April 5th, 2017 OTTAWA, April 5, 2017 – Members of the Ottawa Real Estate Board sold 1,485 residential properties in March through the Board’s Multiple Listing Service® System, compared with 1,160 in March 2016, an increase of 28 per cent. The five-year average for March sales is 1,240. “The busy spring selling season descended upon Ottawa early this year,” remarks Rick Eisert, President of the Ottawa Real Estate Board. “Unit sales for March marked the second-best on record, only 13 units down from the record set in March 2010. We’re also starting to see properties move faster, with the average cumulative days on market sitting at 82 days. With ...
6 Spring Maintenance Tips for Homeowners

6 Spring Maintenance Tips for Homeowners

  As the snow finally melts after what has seemed like a never-ending winter, it’s time to start thinking about all the spring maintenance tasks that you will need to around your home. Spring always feels like a fresh start so use that as motivation as you work around your yard and home! Here are 6 spring maintenance tasks for homeowners: Check the roof There is no need to pull out a ladder at this point; stand back from your home and do a visual inspection: “with binoculars and a keen eye, you can probably spot trouble.” Winter snow and ice can be very tough on roofs, so look for shingles that have shifted or are lifting. If you notice anything, it is always advisable to call in a professional. Check your outside faucets  You hopefully took the time in the fall to shut off the water and drain outside ...
“Oh I Forgot to Tell You…”

“Oh I Forgot to Tell You…”

Picture this, you have just taken possession of your dream home. You did your due-diligence; the property passed the home inspection with flying colours and your research shows the neighbourhood is safe and has great schools. You are chatting with a new neighbour only to find out that your brand new home was once the site of a violent crime or a drug operation, or that it is thought to be haunted! Would this bother you? What can you do? Did the previous owners fail to disclose something that they were legally obligated to? When selling a home, known physical defects must be disclosed by the listing agent. A home inspection should spot any that are unknown to the seller which gives buyers confidence in the property they are purchasing. Where this gets complicated though is when you consider other non-tangible factors for which the term “stigma” is used. “They ...
Pets and Real Estate

Pets and Real Estate

Pets are a very important part of many Canadians lives. In 2014, it was estimated that 57% of Canadians owned pets which equates to approximately 7.5 million households. In many cases, our pets become part of our families to the point where terms like “pet parent” and “fur baby” are used to define this unique relationship. But what impact do pets have when it comes to real estate? Buying a Home with our Pets in Mind Pets affect our choices in real estate. When we buy a home, we consider the needs of our family, which often enough includes our pets. In a recent survey, 81% of respondents said that animal-related considerations play a role in deciding their next living situation, 52% undertook a renovation to accommodate their pet, and 89% would not give up their animal because of housing restrictions or limitations. For example, dog owners may choose a house ...
Getting Ready to Buy in the Spring Market

Getting Ready to Buy in the Spring Market

Maybe you are a first-time home buyer, or maybe you will be selling a home and looking for something new, either way the spring real estate market is fast and approaching and you want to be ready. This is an exciting time of year in the real estate industry and for everyone buying and selling homes. It can be a little crazy though, so here are some tips to help you be prepared. It’s not too early to start getting ready. Get Mortgage Pre-Approval You will want to start off by setting up a meeting with a mortgage broker or your bank. They will be able to provide you with a mortgage pre-approval. This is very important for a few reasons. First, this is your budget for your new home. It will give you financial parameters to work within; maybe you can’t afford as much as you thought and this ...
Ottawa Real Estate February Highlights – “Primed for a Competitive Spring Market”

Ottawa Real Estate February Highlights – “Primed for a Competitive Spring Market”

“Spring market primed for a competitive season ahead!”   FEBRUARY 2016 MARKET HIGHLIGHTS: 1010 Residential properties were sold through Ottawa MLS® (including 233 in the Condominium class and 777 residential properties) Average Sale Prices: $417, 374 (Res +8.5%) and $258,397 (Condo +4%) Increased number of residential properties selling in the $750K-1Million resulted in a higher Average Sale Price. 2066 homes listed, up almost 25% over January 2017 Most active price point was in the $300K-$399K range, followed by the $400,000 to $499,999 range,  accounting for 54.6 per cent of the market (combined)     Information below taken from OREB OTTAWA, March 3, 2017 – Members of the Ottawa Real Estate Board sold 1,010 residential properties in February through the Board’s Multiple Listing Service® System, compared with 908 in February, an increase of 11.2 per cent. The five-year average for February sales is 872. “Numbers continue to indicate a positive trend for Ottawa as a ...
Getting Your Home Ready to Sell in the Spring Market

Getting Your Home Ready to Sell in the Spring Market

Selling your Home in Spring The spring real estate market is quickly approaching and if you’re selling your home, now is the time to start getting ready!  It may seem like a daunting task but there are things that you can do to make sure that your house is prepared for the droves of spring buyers this upcoming season. Remember, there will be many houses on the market at the same time as yours so you want to make sure that your property is ready and sticks out for buyers! Contact a Realtor®. Real estate agents are professionals.  A great real estate agent will not only ensure your property is priced right, they’ll also be your guide through every step of the process in the weeks and months leading up to listing, during the time your home is listed, the closing of your property sale and beyond. Prioritize Repairs One ...
Why Move? A Look into Canada’s Homebuyers

Why Move? A Look into Canada’s Homebuyers

How many times have you moved (so far) in your lifetime? Once? Twice? For a brief time while in school? Work? Or have you moved far too many times to even count? What about those times that you have moved from one place to another, were they on your own? Were they with your family? Your partner? A few friends? And did you live in these homes for long enough to consider it a home? Sure, the vast majority of us may answer differently to each of these questions, but we do share one common factor: the overall experience. Truth be told, moving from one home to another is not a simple task. Take the multitude of varying questions asked above, for instance. The process of moving can, unmistakeably, be that of a strenuous, complex task that requires much consideration and absolute certainty. So choose wisely and with reason in ...
The Bank of Mom and Dad: Living as Millennials

The Bank of Mom and Dad: Living as Millennials

  It’s no secret: the cost of living is expensive. Regardless of who we are and what we do, we live and breathe steep living costs day in and day out. It’s a fact of life: if we’re not saving our pennies, we’re spending them; if we’re not paying off one bill, we are another. It’s the never-ending cycle of our (financial) lives. Enter: mom and dad. For the vast majority of us, mom and dad means home; and home is where the heart is, after all. It’s become a common trend among many baby boomers to take part in one of two things: either move back in with their parents to help save money, or assist in the renovations or expansions of their parent’s current home in order to accommodate their living requirements under the same roof. A circumstance such as the latter would be to avoid downsizing for ...
Canada Celebrates 150 Years!

Canada Celebrates 150 Years!

  The milestone has arrived – our country’s 150th year. What better time than now to stand proud and represent our Nation as a united community? We are very fortunate to be living in Ottawa – our Capital. We’ve certainly come a long way since our founders first settled here 190 years ago. Originating as Bytown, Ottawa was initially built to house labourers who had been recruited to help build the Rideau Canal. Times have changed between then and now. We are no longer considered the “town that fun forgot” nor are we solely known for being “the highway to Montreal“. We are a thriving, united, Capital with an approaching 1 million residents – and that’s just the beginning. In fact, according to Mayor Jim Watson, “we’re going through one of the most significant transformations in our history“. It’s only a matter of time that we see these spoken of – and otherwise unimaginable to ...
2017 is off to a great start!

2017 is off to a great start!

Update below from the Ottawa Real Estate Board  2017 resale market off to a great start OTTAWA, February 3, 2017 – Members of the Ottawa Real Estate Board sold 667 residential properties in January through the Board’s Multiple Listing Service® system, compared with 598 in January 2016, an increase of 11.5 per cent. The five-year average for January sales is 614. “The year is off to a great start, with sales up over this time last year, and well above the five-year average,” remarks Rick Eisert, President of the Ottawa Real Estate Board. “Residential-class resales supported this increase, with a 16.6 per cent growth over January 2016. The number of properties listed in January has doubled the amount listed in December, which is very typical of sellers getting a jump start on the spring selling season.” January’s sales included 119 in the condominium property class, and 548 in the residential property ...
Beating the Winter Blues

Beating the Winter Blues

It’s winter time in our Nation’s Capital! The New Year is well underway, and as we’ve carefully selected our resolutions (and have spent the majority of these last few weeks trying to abide by them) we reminisce on the post-joys of Christmas and the excitement of a New Year. However, regardless the amount of joy in our hearts and happiness in our homes, the cold weather tends to overstay its welcome far too often. Admit it, we’ll soon catch ourselves wishing for less snow, warmer weather, and oodles upon oodles of sunshine. Wishful thinking, I’ll say. Truth is, we live in Ottawa – and let’s face it – Ottawa is just simply cold. This said, however, our City just so happens to be celebrating its 150th Anniversary this year, and has planned for an endless list of fun-filled, family-friendly, wintery activities that are sure to help kick those winter blues. ...
Housing Trends in 2017

Housing Trends in 2017

The New Year is officially underway and we are ready to reflect on the year that has passed, as well as plan for the year that’s to come. With the housing market being consistently ever-changing, new trends tend to surface as old ones seem to fade. 2016 was a big year for the housing market and, as a result, we saw some pretty impressive reports, results, and trends. This year, the housing forecast and its trends will predictably be as follows:   The Canadian Real Estate Association has released recent information on Canada’s housing trends and how they’ve evolved since last September. For starters, Ontario’s sales are set to continue to grow and set records “despite an unprecedented supply shortage in the Greater Toronto Area and surrounding regions“. With this being said, and with the Canadian Government tightening down and implementing new mortgage regulations in 2016, it’s predicted that 2017 ...
Ed O’Connell Memorial Award

Ed O’Connell Memorial Award

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 leader and/or role model • Exemplifying the best of the profession • Providing mentorship • Providing inspiration to others Congratulations to Brian Sukkau, Madat Kara & Luigi Aiello, we are truly proud to work with you!   ...
New Year Reno-Resolutions

New Year Reno-Resolutions

A new year tends to go hand in hand with a New Year’s resolution (or two). We’ve all been there: eat healthier, get healthier, save more, sleep more etc. etc. So what about the expansions, the over-hauls, and/or the restorations of our current homes? Typically, there are a large handful of us who include home renovations in their list of New Year’s to-dos, and we’re not necessarily talking about the sporadic spring clean and/or the occasional winter prep; but, instead, the opportunity to really do something for the structural improvement and/or visual well-being of our homes. So where do you stand on the home renovation scale? Perhaps this is the year to make it a part of your resolution list.   According to CMHC, “Ontarians spent an estimated $25 billion on renovations last year, a figure that the housing agency says is forecast to keep increasing in the coming years”. ...
Your Home and Winter Travels

Your Home and Winter Travels

January is often a time to make travel plans. In fact, the winter months are quite possibly the most traveled; holiday visits to family members aside, some of us just simply need to get away and enjoy a little warmth in the sunny south. So if all the shoveling, ice scraping and bundling has got you down, it might be time for you to pack those bags! With all the excitement of travel plans, we mustn’t forget to consider the safety of our homes. Especially for “snowbirds”, there are periods of time where we might not be home for weeks at a time.  As part of travel preparation, we should make certain that our homes are safe while we are away. It’s important to keep a few significant safety precautions front of mind when planning out your getaways, beyond the routine locking of your doors. Creating the illusion that someone ...
Canada’s Housing Rules in Full Swing

Canada’s Housing Rules in Full Swing

Happy New Year, folks! 2017 has finally arrived, and for the real estate world, change is in sight. As most of us already know, 2016 brought forth a lot of chatter about several significant changes (decided upon by our government) toward our country’s mortgage and housing rules. Those who will primarily be affected by these implementations will be anyone who, is not only looking to perhaps qualify for government-backed insured mortgages, but also those who may be looking to purchase their first home and/or are looking to refinance their existing mortgage. Having said that, the Government of Canada has been known to make multiple changes to our mortgage requirements in years past which, in turn, reassures us all that there is nothing to be too concerned about. In fact, we are reminded of what Royal LePage President and CEO, Phil Soper had to say about our real estate markets in ...
Ottawa Real Estate Update: December 2016

Ottawa Real Estate Update: December 2016

  2016 was a record breaking year for Ottawa real estate resales! 715 sales in December brought the total number of properties sold throughout the year through Board’s MLS® to 15,537, a 6% increase over 2015. With more properties selling over $500K December also had the highest average sale price ever recorded $420,750, considerably higher than the 2016 average sale price of $371,987.   Information below from the Ottawa Real Estate Board’s Latest new’s release on January 5th, 2017.  2016 proves to be a record-breaking year for Ottawa resales OTTAWA, January 5, 2017 – Members of the Ottawa Real Estate Board sold 715 residential properties in December through the Board’s Multiple Listing Service® System, compared with 703 in December 2015, an increase of 1.7 per cent. The five-year average for December sales is 656. The total number of residential and condo units sold through ...
Top Housing Trends of 2016

Top Housing Trends of 2016

The year is coming to a rapid close, and – as comparable to most facets in our lives – we choose to reflect on the 12 months that have passed, and are committed to planning for the next dozen that is to come. In the exciting world of real estate, there are many trends that tend to surface with each passing year. In 2016, some of those trends were as follows:   One of the most recent housing trends that we saw in 2016 (and arguably one of the most talked about) were the changes to Canada’s housing rules. Over the last several years, our government has been known to change the mortgage requirements on numerous occasions which has (and continues to) deeply affect anyone who, is not only looking to perhaps qualify for government-backed insured mortgages, but also those who may be looking to purchase their first home and/or ...

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