OTTAWA REAL ESTATE BLOG

BUYER AND SELLER TIPS AND TRICKS

Welcome To My Real Estate Blog

"Real Estate In The City"

Here you will find tips and tricks to help

save time and money when buying or selling.

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...

Spending time in Ottawa's capital over the holidays is something everyone in Canada should do at least once in their life. From skating on the infamous Rideau Canal to eating warm, sugary beavertails as fluffy snow falls all around you to tons of holiday markets, there's really no shortage of magical winter activities to take part in here! 

But it's another event that is held every year in Ottawa that really steals the show during the holidays. It's called Christmas Lights Across Canada and...

Selling your home in the winter real estate market may seem undesirable to some, but it has an upside. Let’s break down some of the advantages that actually make the cold dreary season a potential win for sellers.

Ottawa is in a Seller’s Market

Regardless of the weather, listings that are on the market are getting the attention of buyers, there is just not enough inventory to keep up with the demand. Current active inventory is less than half of 2015-16 [October 2018]. Compared to last year, condo...

It may not be snowing just yet, but you can count on the white stuff in the near future. If your home is going to be on the market during winter snow storms, the time to prepare is now.

Sloppy, slushy conditions are not only dangerous to folks trying to get to your front door, but they create messes – while you’re trying so desperately to keep the home clean.

Here are our best tips to help you sell your home when it’s snowing.

1. Keep them safe

Can you imagine a prospective homebuyer (or one of her...

Understanding Multiple Offers

As Ottawa continues to be a hot market with a low inventory, the number of multiple offer situations seems to be on the rise. When a home goes to “multiple offers”, all offers on the home must be made at a set time and the seller is able to choose which one they would like to go with or negotiate. This can be a complicated situation for buyers and sellers so here is what you can expect. Keep in mind though that the most important thing you can do as either a buyer or...

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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 200-1335 Carling Avenue Ottawa, Ontario K1Z 8N8

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