We wanted to share a story of a recent listing. It presented a challenge we hadn’t faced before. The condo was permeated with cigarette smoke. We always rise to a challenge and this was no exception. We got to work assisting our seller with recommendations for alleviating the issue. Our seller was very receptive […]
With prices in the city continuing to increase, many of our buyers are starting to look at purchasing just outside the city. Our team has put together the latest statistics for Carleton Place, Russell, and Embrun. All of these statistics are based on MLS OREB sales from January 1, 2022, to April 30, 2022, over […]
What is About My Property and MPAC? Did you know that you can look up property details of your home? You can go to https://www.aboutmyproperty.ca/ and register for an account. All you need is your tax roll number from your property taxes. You can look up your assessed property value, your square footage and even browse other […]
The real estate market has undergone significant changes in recent months. Initially quiet with limited activity, it has gradually picked up momentum. Prices are still down compared to the previous year, but the decline has reduced from nearly 20 percent to 10 percent. The main challenge in the Ottawa real estate market is the low […]
Here is the most recent installment of our new monthly value-added feature, the Suburban Statistics Series. This series showcases statistics for the 5 largest urban neighbourhoods in Ottawa. As Ottawa is such a spread-out city it’s great to see the variances from area to area. All of these statistics are based on MLS OREB sales […]
Interesting times right now in the Ottawa Real Estate market. The spring surge seems to be in full swing and will be helped by record temperatures this weekend. Snow is gone and many buyers are re-engaging in their searches. Here is a snapshot of what is happening right now: In March, members of the Ottawa […]
Here is the most recent installment of our new monthly value-added feature, the Suburban Statistics Series. This series showcases statistics for the 5 largest urban neighbourhoods in Ottawa. As Ottawa is such a spread-out city it’s great to see the variances from area to area. All of these statistics are based on MLS OREB sales […]
The Stittsville real estate market has had an incredible roller coaster ride of prices since the pandemic began in 2020. With prices peaking in early 2022. Since that time Bank of Canada’s measures to fight inflation through interest rate hikes has had a significant impact on house prices in our community. For this report, we […]
When purchasing a home it is important to know what the extra costs will be. The projections below are an estimate of expenses involved in a typical real estate purchase. Not all of these costs* will apply in all circumstances. LEGAL/ RELATED FEES INSPECTION COSTS Lawyer Fee $900-$1100 Home Inspection $500-$600 Legal Disbursements $600-$800 Status […]
When looking back on last year, it’s important to know that February 2022 represented the absolute peak of our local real estate market. We had the perfect storm of low-interest rates, high demand and extremely low inventory which of course caused prices to spike. This year our market is in a very different situation. We […]
