Archives for Sellers

What You Need to Know About Cannabis Legalization in the Housing Market

Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Recreational cannabis has been legal in Canada for just over one year. The Federal Cannabis Act has been rolled out in a very Canadian manner. Saskatchewan is considered to have been the most effective in the implementation of the new law. Ontario has been the slowest and is still lagging all the other provinces and territories. What has been the impact of the law on the real estate industry now and what will it be in the future? The Federal and Provincial regulations and the City bylaws are
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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 earlier 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 condominiums. Now that condo prices have bounced back, more condo sellers are deciding
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Is that House Haunted?

Stigma and Real Estate Would the fact that property is believed to be haunted affect your decision to purchase it?  If a property had been the location of an unspeakable act, would that change your opinion on it? Picture this, you’ve just found the home of your dreams and have put in an offer.  Of course you’ll want to make sure that there’s nothing wrong with the home before you firm up so who are you going to call? Ok, so it’s probably your home inspector and not the ghost-busters, however it may surprise you that according to a recent
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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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Housing Trends We are Seeing in the Canadian Real Estate Market

The Canadian housing market is already in the news, thanks to the recent collaboration of Vancouver residents to form the #DontHave1Million campaign that went viral. This Twitter campaign was in response to the recent reports that the average home in Vancouver will set you back $1.27 million, which is more than double the average price of a home throughout the rest of the Canadian market. And, at the rate things are going, this trend shows no sign of slowing down.  With this in mind, let’s see the other nine trends in the Canadian housing market to keep in mind in
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Buying Near Parks and Recreational Facilities

According to RealtorMag, twenty-three percent of recent buyers indicated that convenience to parks or recreational facilities influenced their choice of neighborhoods.  Proximity to parks and recreational facilities was the most important to recent buyers aged 34 and younger, and to those aged 35 to 49.  Here are some reasons to believe those numbers will rise. Public Health Concerns The alarming increase in obesity, especially among children, has focused attention on how important physical activity is to our overall wellbeing.  Governments at all levels are promoting the benefits of active living and we have become more receptive to the message.  That
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What Is a Smart Home?

If you can turn the lights in your home on and off from your cell phone, you have the beginnings of a smart home. Smart home technology is now available that allows you to remotely control a variety of electrical appliances and components in your home, even when you’re not there. The purpose is to let you make your home more comfortable, secure and energy efficient. While smart home technology is still in its infancy, there are already many ways you can make your home smarter. Here are just a few examples: Smart Thermostats Programmable thermostats have been around for
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4 Important Things to Know About the Difference Between a Realtor and Real Estate Agent

So, you want to buy (or sell) a house in Ottawa or beyond. What’s the first thing you do? If you’re like most people, you go find a real estate professional to help. While the whole process sounds pretty simple (hire a representative you like and trust!) there’s actually one extra decision you’ll need to make before you proceed — and that is whether you want to hire a Realtor, or a real estate agent. You might be thinking, “But those two things are the same!” If so, then you’re mistaken. There are actually some important things you should know
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How to Choose the Perfect Realtor for You

  How to Choose the Perfect Realtor for You Whether you’re a first-time home buyer or are selling your house yet again, you need a realtor that understands your needs. The home buying or selling process can be complicated as it is, and there is no need to cause yourself additional angst by picking a less-than-qualified realtor. Read on to discover a few traits you need to look for when selecting a real estate agent so you can confidently move through the buying or selling process. Qualifications A realtor with no qualifications won’t get you very far. You need a real estate agent that knows the process
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