Ottawa Real Estate Market Snapshot May 2023
The May 2023 Ottawa Real Estate Board Stats are out!
Market Snapshot: Temperatures were on the rise last week and we saw the resale housing market mimic the rise in May as the number of properties sold were up 6% over those of May 2022. With inventory at a low and sale prices up from this time last year the seller’s market continues to stay strong.
If you’re considering a move, we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
Ottawa Real Estate Market Snapshot April 2023
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The April 2023 Ottawa Real Estate Board Stats are out!
Market Snapshot: It MAY not feel like spring with the current cool temperatures but the real estate stats for April are a sure sign that spring is in the air! Three signs we’re in a seller’s market: inventory is down to less than two months stock, the average sale price has increased over the past four months and we are seeing multiple offers again in some areas.
If you’re considering a move, we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
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Selling Your Home in a Competitive Market
Selling Your Home in a Competitive Market
Selling a home can be a challenging process in any market, let alone a competitive one. With so many properties up for sale, it is essential to take strategic steps to ensure that your home appeals to as many potential buyers as possible. In this blog, we will discuss several tips for selling your home in a competitive market.
Enhance your curb appeal.
In a competitive market, you want to avoid blending in with your competition. Maximizing your curb appeal is a great way of bringing attention to your home.
Curb appeal is the overall aesthetic of a property’s exterior when viewe...
Ottawa Real Estate Market Snapshot January 2023
rlp stats jan snapshot
The January 2023 Ottawa Real Estate Board Stats are out!
Market Snapshot: New year, new market as we see a slowdown in the number of sales for January and a decrease in the average sale price over January of 2022. We did however see an increase of 3% in the average sale price of a residential home from January over December.
If you’re considering a move, we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
What does a home inspector look for?
What does a home inspector look for?
Scheduling a home inspection is an often crucial step in the home buying process. No matter how nice a home looks to the untrained eye, there are sometimes nasty surprises and unforeseen costs that can easily be avoided through an inspection. During the global pandemic, it became less common to hire inspectors due to sellers’ demands, social distancing and the robust “Seller’s market”. But now we’re starting to see a resurgence, and for good reason. In this blog, we’ll cover some of the significant focal points in a home inspection.
Structural
There are many kinds of damage that can happen to th...
Make Your Home Feel Cozy This Winter
Make Your Home Feel the Cozy This Winter
It’s wintertime in the nation’s capital! We hope you’re enjoying the festivities and sights around town. While the winter months may provide us with this beautiful landscape covered in snow, they’re also quite cold and gloomy at times. One of the best ways to combat the winter blues is to put an emphasis on cozy decor, creating an escape from the harsh outdoor weather. In this blog, we’ll cover some great ways to create the coziest interior possible this season.
Colour Palette
The use of a warm colour palette for your indoor decor will immerse you, giving you the feeling of warmth and contra...
Low-Budget, High-Impact Home Updates
Low-Budget, High-Impact Home Updates
If you’re looking for a low-budget, high-impact home upgrade or renovation, there are luckily quite a few that can give your home a boost in terms of decor and functionality. In this blog, we’ll cover a few quick renovation tricks for a variety of rooms and spaces in and around your home. No matter whether you’re selling your home or staying for a while, we’d recommend adding at least one of these upgrades to your “to-do” list this year.
Kitchen Upgrades
Kitchen upgrades are a great choice because there’s so much to choose from. When you’re assessing your options, consider both functional upgrad...
Ottawa Real Estate Market Snapshot November 2022
RLP Stats Snapshot
The November 2022 Ottawa Real Estate Board Stats are out!
Market Snapshot: Ottawa sales continued to slow in November, a reflection of what’s happening across the country. The post-pandemic economy as well as a natural cooling for the time of year have officially balanced the market.
If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
Preparing your Home for Sale
Preparing your Home for Sale
Getting your home ready to hit the market is a critical step in a successful sale. You want to make sure that you’re putting your best foot forward. In this blog, we’re going to cover a few quick tips and tricks to make sure your house is one to remember.
What should you be doing?
First, make sure to depersonalize your spaces. This is because you want prospective buyers to imagine their own living space, rather than feeling like they’ve intruded on yours. Then, declutter your home and rearrange furniture to create more space for visitors to relax and explore. Decorate your home so that it highlights the...
Starter Tips for Getting into House Flipping
Starter Tips for Getting into House Flipping
Flipping houses isn’t easy.
Flipping a house can be a great project to take on if you’re looking to generate some additional income. Not only that, but planning and executing a flip can be quite a fun experience for you and any others involved. In this blog, we’re going to guide you through some important tips, tricks and best practices to make note of along the way.
Please keep in mind that flipping a house will take time, money and effort. It’s a significant responsibility, so make sure that you carefully assess whether or not you can fully commit to the process.
Planning
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The Dos and Don’ts of Home Staging
The Dos and Don’ts of Home Staging
Staging your home involves a lot of planning and preparation. After all, you want to make sure your home is as appealing as possible to prospective buyers, both online and in person. Luckily, there are quite a few tips, tricks and best practices that can help you achieve this goal. But do be careful, as there are also things you should avoid during the staging process.
The Dos
Do – Focus on your curb appeal.
Your curb appeal has a substantial effect on your home staging. Not only is it potential buyers’ first impression when they browse online, but it’s also the first sight they...
Beyond the Sign: Royal LePage Team Realty pledges $20,000 to match donations to Harmony House
Everyone deserves to live without the fear of violence. For women and their kids who are trying to leave an abusive home and start fresh, the transition can be incredibly difficult. Here in Ottawa, there are a number of shelters that help, including Harmony House.
Harmony House is Ottawa’s only transitional 2nd stage shelter for women and children. They help families by providing medium-term housing and support services that allow women and their kids the chance for a fresh start after leaving a dangerous home environment.
This year, Royal LePage Team Realty has pledged a matching donation for Harmony House throughout the month of November.
Read full a...
Now that you’ve moved in, what’s next?
Now that you’ve moved in, what’s next? – Congratulations on the big move! No matter if this is your first home or one of many, it takes a lot to plan and prepare for the big day. Now that you’re all settled in, what’s next? In this blog, we’ll cover some fun ideas for next steps with your new place.
Explore the area!
You’ve probably moved to a new area of town. While you’ve likely done some exploring before your move, it’s always a great idea to take a walk around your neighbourhood and the surrounding areas to familiarize yourself. Chances are there are some nearby parks and nature trails that could be a great new spot ...
Ottawa Real Estate Market Snapshot October 2022
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The October 2022 Ottawa Real Estate Board Stats are out!
Market Snapshot: With a big decrease in the number of units sold for October buyers now have more selection and time to shop. However, the interest rate increases may have affected some purchasing power. Whether you’re buying or selling keeping a long-term perspective is important.
If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
Is a Condominium Right for You?
Is a Condominium Right for You?
Sometimes, the maintenance requirements of a detached home can seem like a lot. After all, taking care of a whole property requires frequent attention, dedicated time, and effort. On the other hand, an apartment can seem cramped or urbanized for your liking.
Have you considered a condominium? It may be just what you’re looking for.
You’ll have less maintenance, and repairs to do.
With a detached home, you’ll likely have a ton of maintenance responsibilities to take care of regularly. This can be a lot of work, take a lot of time and require some tedious budgeting. — and many people find this t...
Ottawa Real Estate Market Snapshot March 2023
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The March 2023 Ottawa Real Estate Board Stats are out!
Market Snapshot: The number of property sales may be down 40% from those in March of 2022 however, they’ve increased by 40% over last month (February 2023) showing signs that the spring market is sprouting in Ottawa. If you’re preparing to list your property for sale pricing it right is crucial in this market.
If you’re considering a move, we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
Ottawa Real Estate Market Snapshot February 2023
The February 2023 Ottawa Real Estate Board Stats are out!
Market Snapshot: The average days on market for a listing has decreased as the market continues to stabilize. A decrease in average sale price from February of 2022 which was the peak of the pandemic market however we did see a month over month increase of 5% over January of 2023.
If you’re considering a move, we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
The Role of Technology in Real Estate
The Role of Technology in Real Estate
As technology continues to advance at an unprecedented pace, it has become increasingly important for those in real estate to keep up with the latest innovations that affect the industry. However, familiarizing yourself with the ever-changing landscape of real estate technology can often be a challenge, even for the most tech-savvy of individuals.
By working with a trusted brokerage like Royal LePage Team Realty, you’ll be able to make the most of the opportunities available to you, allowing you to succeed with confidence and ease. After getting to know you and the situation that you’re in, o...
Preparing Your Home for a Spring Sale
Preparing Your Home for a Spring Sale
As a homeowner and future seller, it’s important to be aware that the real estate market will fluctuate with the changing seasons. The springtime is typically regarded as the most ideal time for buyers to begin their search due to a variety of factors, such as weather conditions, the school year cycle and the number of homes available. If you’re planning on listing this spring, you’ll need to ensure that your home will stand out and attract more potential buyers, no matter how competitive the market is. To do this, there are a few important actions that need to be taken — well before the snow melts.
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How does location influence desirability and value?
How does location influence desirability and value?
Location, location, location. You’ve heard it a thousand times when it comes to real estate, and you likely understand what it means. But which aspects of your location are of most influence when it comes to determining the desirability of your property and ultimately affecting its value? In this blog, we’ll take a closer look at which factors play the largest roles in raising or lowering your home value.
Education
The most pressing questions on the minds of young families surround the future and wellbeing of their children. Quality education checks both of these boxes, drasticall...
Should you redo your floors?
Should you redo your floors?
Floors have a dramatic effect on your home’s decor. If you think about it, they’re some of the largest surfaces inside of your home – meaning they take up quite a lot of the space, visually. Your floors serve a functional purpose too, meaning they may have taken quite a beating over the years. Scuff marks and scratches will slowly start to eat away at the surface as time passes.
They can be a great place to focus your home upgrades, no matter if you’re looking to transform a room, or the whole level. But what will be the budget? What options do you have in terms of material and style, and what are the pros an...
Ottawa Real Estate Market Snapshot December 2022
Full Stats Dec
The December 2022 Ottawa Real Estate Board Stats are out!
Market Snapshot: As interest rates and inflation increase, buyers are retreating to the sidelines, taking a wait, and see approach. The seasonal slowdown for December’s resale market is in stark contrast to the active resale market that started the year off which has officially balanced the market.
If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
Professional Photographers Make a Difference
Professional Photographers Make a Difference
Browsing listing options as a buyer can be intriguing and exciting, but it can quickly become overwhelming and exhausting. There are many options to choose from, each listing with their own set of unique benefits and areas for improvement. Buyers can’t tour them all, so what will set them apart?
Quality professional photography can create the ultimate first impression for those browsing the market. Not only are their cameras capable of capturing well-lit, high-resolution images of your home, but the photographers themselves are also well-equipped with advanced techniques and editing skills. Th...
Protect Your Home From Winter Damage
Protect Your Home From Winter Damage
We can agree, for the most part, that the wintertime is beautiful. As the seasons change, our world becomes blanketed in a snowy landscape covered in festive lights and other seasonal decor. Although it’s a gorgeous time of year, the winter cold, snow and ice are not only hard on us living beings, but also our homes. This is why it’s important to do your best to care for your property this winter, both indoors and outdoors. In this blog, we’ll cover some common sources of winter damage and how to prevent them this season.
Exterior Maintenance
You’re going to want to make certain that you keep yo...
Beyond the Sign: Team support means strength in numbers
Houses are bought and sold all the time in the Ottawa area, but have you ever thought of what goes into a successful real estate transaction?
The REALTORS® at Royal LePage Team Realty work diligently with the support of their leadership team to make sure that every transaction goes as smoothly as possible.
“We have a management team that is extremely knowledgeable. They each have a passion, not only for our company, but for organized real estate in general. They serve on professional standards boards, government relations committees, and they’ve been presidents of organizations,” says Jason Ralph, Broker of Record and President of Royal LePage Team Rea...
What Could be Lowering the Value of Your Home?
What Could be Lowering the Value of Your Home?
If you’re looking to sell your current home, you’re going to want to receive the highest value you can from the eventual sale. There are many elements of your home that could be increasing the value, but there are also equally many factors that could be lowering it. In this blog, we’ll go over some of those factors and how to prevent or overcome them.
Location, location, location.
Location is arguably the most important factor when it comes to the value of any home. Where you are can be a deterrent for many reasons, including lack of nearby businesses, services, activities, trails or p...
Beyond the Sign: Inheriting property the smart way
Beyond the Sign: Inheriting property the smart way – It can be difficult to know what to do with an inherited property. Whether you choose to keep it or sell it is often a complicated emotional and financial decision.
Jason Ralph, Broker of Record for Royal LePage Team Realty, gives some valuable advice about dealing with a property inheritance.
Read the Full CityNews Article Here
Basement Renovation Ideas
Basement Renovation Ideas
If you’re thinking about finishing your basement, it can be a great way to upgrade the functionality of your home while still getting a decent return on investment down the road. In this blog, we’ll cover a few creative directions that can take your basement to the next level as a part of your living space.
Theatre Room
If you’re looking for a fun way to revamp your basement, consider adding a home theatre. Immerse yourself in movies, cheer on your favourite sports teams, or binge whatever series has left you wanting more.
In terms of budget, it all depends on how immersive you want your home theatr...
Ottawa – The Best From West to East
Ottawa – The Best From West to East
Ottawa is a vastly diverse cultural landscape with much to do and plenty to see. In this blog, we’ll highlight some of our favourite spots in each end of the city. Whether you’re looking for a place to settle down, or simply an afternoon adventure, you’re sure to find something to love in each and every corner of the national capital region. Ottawa is unique in that it spans quite far in either direction, these are just a few of the highlights, if any of these spark your interest, check out more on our community pages.
West Ottawa
Although west Ottawa is most well-known for its suburban nei...
Ottawa Real Estate Market Snapshot September 2022
The September 2022 Ottawa Real Estate Board Stats are out!
Market Snapshot: As interest rates climb buyers in Ottawa are taking a step back while keeping a close watch on price trends. An increase in listings compared to last month and this time last year means more options for those who continue their hunt for the perfect property match.
If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
New Home Tips for a Growing Family
New Home Tips for a Growing Family
As a growing family, you’re likely going to find yourself looking for a new home. This can lead to a lot of questions about what, where and why. In this blog, we summarize some important factors that should be considered when choosing a family home.
What should you look for in a property?
Find a suitable play space for the kids.
When it comes to your home, you’re going to want to make sure that it has a suitable play space for your children. Ideally, this would be an indoor space for toys and an outdoor space to run around.
Find a home with a suitable layout.
During the huntin...
Moving with Pets
Moving with Pets
Moving can be an incredibly exciting experience. A new home, surrounded by new people and maybe even a new neighbourhood to explore. On the flipside, it can also be quite stressful. There are strict deadlines that have to be met, and many parties who require clear and frequent communication. Luckily, our pets don’t have to worry about any of this, as they simply don’t know what’s going on or where they’re headed.
However, this can be quite a shock on their systems, which is why you want to ensure that the moving process is as smooth for our pets as it can possibly be. In this article, we discuss some simple tips to help m...
Understanding The Fall Real Estate Market
Understanding The Fall Real Estate Market
It’s no secret, the seasons play a big role in the real estate market. As fall comes around, you may feel as if you’ve missed out on the prime of the real estate market.
Although spring is typically the busiest time in real estate, the fall market is often a close second, with summer holidays coming to an end people are ready to get back to it. There are a number of reasons why buying or selling a home in the fall can be advantageous. In this article, we’ll touch on the benefits of both sides of the fall real estate market.
Fall, as a buyer.
For buyers, the fall market presents a num...
Beyond the Sign: How Realtors Determine List Prices
Beyond the Sign: How Realtors Determine List Prices. – There are a number of factors that go into the successful marketing and sale of a home. Even before the ‘For Sale’ sign goes up, the professional REALTORS® at Royal LePage Team Realty are working hard to make sure that all of the elements are in place. One of the most important aspects of a successful sale is a correctly priced property.
Read the Full CityNews Article Here
Bring Your Gardening Hobby Indoors
Bring Your Gardening Hobby Indoors
Just because the weather is getting cooler doesn’t mean your gardening hobby has to take a back seat. Luckily, there are many approaches you can take with a variety of different styles to make your indoor garden just as fabulous as outdoors. In this article, we’ll list some tips, tricks and ideas that could prove useful in the coming seasons.
First, choose a direction.
There are many directions you can take indoor gardening.
Consider a vegetable garden. It’s a fun way to help cook delicious meals with your own produce.
Decorate your bathrooms with indoor plants, as it can freshen...
Ottawa Real Estate Market Snapshot August 2022
The August 2022 Ottawa Real Estate Board Stats are out!
Market Snapshot: Sales slowed down in August which is traditional for the month as most are enjoying summer vacations. Days on market increased as did prices (in comparison to August 2021) but at a more moderate rate than earlier in the year.
If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!
Fall Maintenance Checklist
Fall Maintenance Checklist
It’s September, and fall is in full swing. As the seasons change, the national capital region will put a wide variety of colours on full display for us to enjoy. But while the leaves are beautiful, they can provide their own set of tasks to deal with. Your property will need some additional work in order to stay beautiful and come back to its fullest in the springtime. That’s why we’ve put together this fall maintenance checklist, so that you can keep your home and property in tip-top shape as the days get cool and blustery. If you follow these tips and tricks, you’ll see how a small effort can go a long way.
In...
5 Tricks for a Smooth Move with the Kids
5 Tricks for a Smooth Move with the Kids
Moving can seem like a daunting task. There are so many things to think about, plan and organize with many strict deadlines that need to be met. Not to mention the added stress of having to do it all with the kids in tow. But don’t despair – we’ve got you covered. In this article, we cover some tips and tricks to help make moving with children a breeze.
Create a timeline.
One of the most important things you can do when you move in general, let alone with little ones, is to create a timeline of everything that needs to be done. This will help you stay organized and on top o...
5 Tricks for a Smooth Transition with the Kids
5 Tricks for a Smooth Transition with the Kids
Moving can seem like a daunting task. There are so many things to think about, plan and organize with many strict deadlines that need to be met. Not to mention the added stress of having to do it all with the kids in tow. But don’t despair – we’ve got you covered. In this article, we cover some tips and tricks to help make moving with children a breeze.
Create a timeline.
One of the most important things you can do when you move in general, let alone with little ones, is to create a timeline of everything that needs to be done. This will help you stay organized and on...
Beyond the Sign: Choosing the best realtor
Beyond the Sign: Choosing the best realtor – “Whether you are buying or selling a home, working with the right REALTOR® can make a huge difference in the success of your real estate transaction. It takes a lot of skill to be able to market homes, negotiate terms, and ensure the entire process goes smoothly. It is important to take the time to thoroughly interview potential real estate agents before deciding which one will be the best fit for your unique circumstances.”
Read the Full CityNews Article Here