Archives for Real estate information

$750 Ottawa Wood Burning Rebate Program!

Looking to reduce your carbon footprint? Older wood stoves can be less efficient, pollute the air in & outside your home, produce more greenhouse gas emissions, and build up soot in your chimney. The City of Ottawa & the Hearth, Patio & Barbecue Association of Canada have joined forces to offer a rebate program of up to $750 for upgrading older wood burning appliances to cleaner, more efficient units! In order to be eligible for a rebate, applications with supporting documentation must be submitted and received by HPBA Canada by December 31, 2020. For more information & requirements on the
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First Time Home Buyer Incentive – Need a Little Help?

With the recent federal election  there has been a great deal of discussion around the Liberal Government’s incentive for First-time Home Buyers which was effective September 2, 2019.  The Government of Canada has allocated $1.25 billion over the next three years for this program.  The incentive is designed to help first-time home buyers find an affordable home.  Finding an affordable home has proven to be a challenge for first-time home buyers and especially younger Canadians.  The lack of inventory has affected the availability of affordable housing options. This has made the cost of housing as a percentage of gross income
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What can we expect from the Fall Real Estate Market in Ottawa?

In Ottawa, we talk about the Spring market and the Fall market as being the two busiest seasons to buy and sell real estate in Ottawa.  Our Spring market started early this year and instead of slowing down over the Summer it continued to be strong throughout the Summer months. Throughout the year we have seen consistent growth in both listing prices and sale prices.  In June, the Ottawa residential average sale price climbed over $500K for the first time ever!  There is also great news for the Ottawa condo market. Now that condo prices have bounced back, more sellers
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Having Your Home Listed Over the Holidays

If you are planning to sell your home in the next few months, it is wise to plan to maximize the sale of your home. As the temperatures are cooling and the days are getting shorter, we are starting to think of the coming fall and winter seasons.  We will also start to think of the many special holidays we will be celebrating in the next few months. The good news is that buyers who are looking over the holidays tend to be more serious.  We have put together some simple tips that will ease the pressure of having your
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Ottawa Real Estate Update: September 2019

Ottawa Real Estate update September 2019 The fall real estate market in Ottawa is in full swing with strong numbers showing no signs of a slow-down in spite of the upcoming election. Condo prices have recovered (and are moving upward) in the Ottawa Real estate market and sellers are jumping back in to take advantage. Condo sales are up a whopping 26.4% over this time last year.  With days on the market continuing to drop in both the residential and condo market, it’s a time when buyers should be ready to act quickly and sellers can take advantage of historically
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Beyond the Sign: Price It Right

When a home is listed, it needs to be at the right price in order to ensure that you get what you deserve for your home. There are a lot of factors that go into pricing a home and your Royal LePage Team Realty agent will help guide you through the process to ensure a positive outcome. Ultimately, the listing price is your decision, but trust your agent; they know what they are doing! What’s in a Price? When it comes to listing a home, the price can be everything. Pricing a home too low may mean that the sellers
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Beyond the Sign: Knowledge

You wouldn’t get your car fixed by anyone other than a mechanic and you definitely wouldn’t let anyone other than a doctor perform a medical procedure on you but would you consider buying or selling a home without an expert in your corner? Buying or selling a home is likely one of the biggest transactions of your life so it’s important to ensure that you have someone there to ensure that you and your assets are protected. A Royal LePage Team Realty agent is an expert in their field and they will ensure that every part of your transaction goes
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Beyond the Sign: Marketing

There is a lot more to selling a home than putting a sign on the front lawn. A sign on the lawn is definitely a great marketing tool but the reach is limited. Did you know that your Royal LePage Team Realty Realtor® is able to leverage a variety of marketing strategies and tools to ensure that your home is put in front of as many potential buyers as possible to ensure that the right buyer is found in the least amount of time? This month we will be looking at the behind the scenes of real estate so let’s
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