A lot of homeowners in Ottawa ask themselves this question. Timing your sale can feel complicated, but the decision becomes clearer when you focus on the factors that matter most for your situation.
Your motivation
First, get clear on your “why”.
Are you upsizing or downsizing? Relocating for work? Freeing up equity for investment?
If you have a strong reason to move, the timing decision focuses on you rather than market noise.
Your financial position
You’re in a strong position to sell when you have healthy equity, manageable expenses, and a clear plan for what you’ll do next. If you want to understand how capital gains and exemptions work when you sell, the Canada Revenue Agency “Principal residence and other real estate” guide explains key rules. Canada
Current supply in your neighbourhood
Why neighbourhood supply matters:
Low inventory = more seller power
High inventory = pricing and staging matter more
In Ottawa some areas have very tight supply while others are more balanced.
The condition of your home
Homes that show well, have updated features, and appeal to buyers tend to sell faster and for more.
If your home needs work you might sell anyway—but now you’ll want a plan for what to fix and what to accept “as-is”.
The market you’re moving into
When you’re selling and buying in the same market, things balance out.
If prices keep rising after your sale you might pay more for your next home—but if they drop you might get a deal. The point is: know both sides of your move.
CK’s take
The best time to sell is when your motivation is clear, your next step is certain, and your financial position supports the move.
If you want me to review the timing and strategy for your specific Ottawa home, reach out here.
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