Ottawa Real Estate Blog

NEWS, ARTICLES, TIPS, & TRICKS

We will be making some adjustments in order to help preserve the community during these uncertain times... ⚠️ THIS IS IMPORTANT ⚠️ PLEASE READ ⚠️


❗️We will continue accepting new Buyers and Sellers


❗️We will ask that any of our clients who are sick or vulnerable stay home.


❗️We will be travelling in separate vehicles for property tours and meetings


❗️We will encourage the use of Google Hangouts, Skype, FACETIME, GoToMeeting, Facebook Live, etc. to “meet” with clients and coll...

Ottawa Real Estate Highlights December 2019

Record-Breaking 2019 Closes Out Decade

Another record breaking year in both the number of sales & average prices! The average sale price of a residential property crept up over $500K during several months in 2019, with the annual average sale price settling at just below $490,000. As we head into 2020 we anticipate that the prices will continue to increase, however even then, the Ottawa area real estate market remains one of the most affordable major cit...

Congratulations! Purchasing a home is an exciting milestone.

With so many things to consider, recruiting a registered brokerage and real estate rep is a good first step.

Figuring out where to start your search for a home can be daunting. Hiring a brokerage will help take the guesswork out of the process, so you can focus on finding a place that meets your lifestyle wants and needs.

It is important to confirm a salesperson or broker is registered with the Real Estate Council of Ontario. RECO is the...

In our daily lives, we tend to use the terms “client” and “customer” interchangeably. But in real estate transactions, there’s a big difference between the services you will receive, depending on which kind of contract you sign. Considering your confidence level, knowledge of real estate and comfort in making decisions without counsel from an expert in the field, you may choose to contract with the brokerage as a customer. If you are new to buying and selling properties, or simply want some expe...

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 for October unit sales is 1,319

“New listings are down, inventory remains scarce, and yet more homes changed hands thi...

The City of Ottawa is proposing a new short-term property rental bylaw to regulate such popular platforms as Airbnb.

Proposed bylaw includes 'party house provisions' to clamp down on nuisance renters

The City of Ottawa wants to restrict Airbnb and other short-term property rentals to primary residences, a constraint that's already been imposed — and swiftly challenged — in Toronto.

A proposed bylaw outlined in a report posted online Tuesday would require anyone wanting to rent out a...

Sisters (and superstars) Venus and Serena Williams have listed their Estate in Palm Beach Gardens, FL, for $2.7 million.

According to Architectural Digest, the sisters purchased the property in 1998 and built a seven-bedroom home fit for tennis royalty. Their creation features matching master suites, white marble bathrooms, and twin offices. The nearly 8,500 square feet of living space offer plenty of room for friends and family, or an army of support staff.

The home's design i...

Winter in Ottawa Festivals and Events to Keep You Busy This Season

Cannabis Legalization: One Month Later

It has been just over a month since cannabis was legalized in Canada. Now that the hype and excitement surrounding the ability to buy recreational marijuana legally has settled, many of us are still left with questions surrounding these new laws and what this means for home owners, buyers, and sellers alike. Here is what you need to know about cannabis legalization and real estate in Ottawa: 

Home Buyers and Sellers

While it may now be legal carry, smoke, and...

Holidays on a Budget: A Financially Friendly Guide to “Decking the Halls”

The holidays are just around the corner, and we will soon be covered in a blanket of snow, with marching bands leading parades, and Santa’s village bringing long lines to the malls.

While the excitement builds up, we are often left wondering how we can possibly save money or limit our spending without compromising the spirit of the season. With just a few practical tips and tricks, embracing the magic and togetherness of the...

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Royal LePage Team Realty Brokerage Ottawa | Ottawa Real Estate Agents
Office: 613-725-1171 Direct: 613-864-3327 E-Mail: charleskhouri@royallepage.ca 1723 Carling Avenue Ottawa, Ontario K2A 1C8

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