The City is planning to implement a Residential Vacant Unit Tax (VUT) in 2023 based upon the occupancy status of a residential property. The proposed framework states that a residential property that is not the owner’s principal address and is vacant for more than 184...
High demand outstripping low inventory at start of 2022 signals further home price gains for the Spring market. Read Royal LePage's 4th quarter release and forecast for 2022....
For the ninth year in a row, T3 Sixty’s Swanepoel Power200 (SP200) has named Phil Soper, President and CEO of Royal LePage and Bridgemarq Real Estate Services, Inc., the most influential person in Canadian residential real estate. Soper ranked 13th on the SP200, the definitive international ranking of...
If you are someone who prefers to buy new, loves to customize your home or perhaps appreciates being an original owner then buying from a builder is for you. Learn how we can help you through the new build process whether it be for a...
OTTAWA, January 6, 2022 - Members of the Ottawa Real Estate Board sold 862 residential properties in December through the Board’s Multiple Listing Service® System, compared with 997 in December 2020, a decrease of 14 per cent. December’s sales included 601 in the residential-property class,...
If you were to put your home up for sale tomorrow, how would you determine what it would likely sell for? and how do you get the most dollars? A market evaluation, preparation and a plan are key. Read more to learn how to...
TORONTO, ON, December 15, 2021 - Royal LePage: Canada's national aggregate home price forecast to rise 10.5% by the end of 2022. Following more than a year of record price appreciation across the country, Canadian home values are expected to rise strongly again in 2022,...
If you're considering purchasing a property for an investment to rent, there are fundamentals to understand to make a good investment decision and understand what is required of yourself (time, effort and money). Additional monthly income sounds appealing but bottom line is to approach it...
Welcome to December & Happy Holidays to You! We are thankful to say we are all well and wishing the same to you and your family. There are many things to be grateful for and we take pleasure in doing our best to help those in...
The Ottawa community is full of beautiful neighbourhoods for families which have wonderful amenities such as outdoor rinks, sledding hills, cross country skiing trails, golf courses, recreation centers, schools, daycares, churches and shopping. What is important to you and your family? Being close to parks and...
When selling your home lighting can make a big difference in the impression your home has on buyers....
OTTAWA, December 3, 2021 Members of the Ottawa Real Estate Board sold 1,459 residential properties in November through the Board’s Multiple Listing Service® System, compared with 1,605 in November 2020, a decrease of 9 per cent. November’s sales included 1,086 in the residential-property class, down...
Finishing your basement has become one of the most popular renovation projects to maximize both space and value in your home....
To buy new or resale, often an ongoing debate by many potential purchasers. There is more to consider than the age of the home and required updates....
Looking Forward to this Holiday Season. It was a beautiful Summer and Fall! Hopefully all is well with your family. Remember the National Remembrance Day Ceremony Thursday November 11th and all the special people who gave and continue to give their outstanding support. Christmas is coming soon...
OTTAWA, November 3, 2021 Members of the Ottawa Real Estate Board sold 1,677 residential properties in October through the Board’s Multiple Listing Service® System, compared with 2,132 in October 2020, a decrease of 21 per cent. October’s sales included 1,263 in the residential-property class, down...
Royal LePage Survey: 79% of real estate professionals would advise their clients to sell this winter rather than wait until spring, as demand continues to outstrip supply Highlights: 93% of survey respondents in British Columbia said they would advise their clients to sell this winter, rather...
The Ottawa Hospital’s new Civic campus development Master Plan was approved by Council on October 13, 2021, after a very long joint BHSC/PC meeting on October 1, 2021. A lot of people from the public signed up to speak and strong discussion of the Master...
In the housing industry we pay particular attention to the behavioural patterns of millennials, those in their mid-20s to late 30s now, because they are the largest population cohort in North American history; larger even than the previous mega-population, the baby boomer generation. New data, including...
Here is an article from Oct 26, 2021 by James Cook - R.E.M. Real Estate Magazine about a dispute between neighbours over the location of a fence. It is a good reminder to make sure to to obtain an up-to-date survey before taking any actions...
Royal LePage: Canadian home prices soar as persistent supply shortage results in continued seller’s market National aggregate home price increases 21.4% year-over-year Third quarter highlights: Royal LePage maintains its 2021 forecast, with the national aggregate home price expected to rise 16.0% in Q4, compared to a very...
While Stittsville has been growing in leaps and bounds into an active and bustling neighbourhood, those living in the area are committed to keeping it a community of caring people. Considered in spirit to still be a village, Stittsville offers its residents a warm, open...
A heat pump is an electrical appliance that takes heat energy from one place and moves it to another – just like a refrigerator. In summer, it moves heat out of the building, and in winter it moves heat into the building, even if it’s...
Happy Thanksgiving! At this time of year we like to reflect on all of the things we have to be thankful for. We are so grateful for our wonderful clients and to be able to live and work in this great city. Wishing everyone a very happy Thanksgiving long...
OTTAWA, October 5, 2021 - Members of the Ottawa Real Estate Board sold 1,607 residential properties in September through the Board’s Multiple Listing Service® System, compared with 2,314 in September 2020, a decrease of 31 per cent. September’s sales included 1,244 in the residential-property class,...
To make it easier for first-time homebuyers to get into the market, the federal government unveiled an incentive where the government contributes to the purchase of the home through a shared mortgage. This allows a potential homeowner to access 5% or 10% depending on whether...
For generations, Canadians have been asking themselves this important question: ‘Is it better to buy a home or rent?’ On the one hand, owning comes with more responsibility and higher monthly expenses, but offers more stability and a long-term investment. On the other hand, the...
Happy Fall! As Summer is coming to a close we are turning our attention towards the Fall. It is a beautiful time of year in our neighborhoods to enjoy walks, bike rides and outdoor activities. We are looking forward to a continued strong market. As reported by...
As the seasons change and we get ready for cooler weather: shut off exterior faucets and put away hoses check outdoor lights and replace bulbs check walkways, steps and railings for safety test smoke detectors, carbon monoxide detectors, fire extinguishers - check expiry dates, and...
Autumn is the perfect time to lay the groundwork for a gorgeous spring garden. Experts say this time of year is critical for how your yard will look year-round. Add enjoyment and selling features to your home with this fall garden checklist: Early in the...
…And federal leaders seem to be paying attention For the second time in less than two years – which have been largely defined by an ongoing global pandemic – Canadians will head to the polls in a federal election later this month. While campaigning will last...
If you are looking to open up a small space to give it a feel that is bigger than it’s footprint, these tested tips are for you. They work in any room and within any budget. • Use light colours on the walls to create a...
Buying an older property definitely has its advantages. The neighbourhood will already be well-established, so you’ll be able to get a sense of the community. The trees will be grown. The area will have a defined character. This combination of an older home and established...
OTTAWA, September 3, 2021 - Members of the Ottawa Real Estate Board sold 1,572 residential properties in August through the Board’s Multiple Listing Service® System, compared with 2,006 in August 2020, a decrease of 22 per cent. August’s sales included 1,175 in the residential-property class,...
Canada’s home price appreciation rate peaked early in the second quarter but home prices are still expected to rise at a more modest pace for the remainder of the year, according to the Royal LePage House Price Survey. The survey, which includes resale and new...
What is a home evaluation and how can it help you? Home inspections, home evaluations and home appraisals all sound like the same word, but they are very different. Home evaluation: Your real estate agent will compare your property to other similar properties that have been listed...
Lasting memories are built in neighbourhoods where the amenities match your lifestyle. When your kids grow up, what will they remember about their childhood neighbourhood? Was it the playground where they met their first friend? The park where they learned how to ride a bike? There are...
Hello Everyone As the Summer progresses so does the real estate market! The market is now stabilizing as the supply of homes on the market increases. Market prices appeared to peak in March and are now levelling out. This shows the strength of the Ottawa market...
OTTAWA, August 5, 2021 - Members of the Ottawa Real Estate Board sold 1,724 residential properties in July through the Board’s Multiple Listing Service® System, compared with 2,183 in July 2020, a decrease of 21 per cent. July’s sales included 1,312 in the residential-property class,...
Setting the right list price for a home is a mystery for many sellers. How do you begin to determine what buyers are likely to pay for your property? After all, no two homes are exactly alike. Yet, setting the right price is crucial. You...
More fires start in the kitchen than in any other room. These fires can be expensive; since even a minor incident, with no injuries, can result in significant damage. That’s why it’s important to keep up with the latest in fire prevention. The most recent...
Your home is your sanctuary; a safe and calm-inducing place you can retreat to at the end of the day. Did you know that our physical environment can affect our mental state? A cluttered countertop can make us feel uneasy and a collection of mismatched...
Consider these points: Strategize—make a plan with a timeline, consider what is important to you, what you are spending your money & time on Weigh the benefits of renting vs buying Use your plan, don’t rush to buy a home Make a budget, don’t buy...
Easy and effective ways to upgrade your outdoor space When making any home improvements or investing in renovations to your property, you want to ask yourself two important questions: Will I enjoy this upgrade while I live here? Will this project add value to my home? The...
Royal LePage: Canadian home price forecast revised upward to 16% as roaring spring market eases into summer Second quarter regional highlights: Aggregate price of a home in Canada rose 25.3% year-over-year in the second quarter Demand expected to outstrip supply with upward pressure on prices, yet...
Nestled along the TransCanada Trail and the National Capital Commission Greenbelt, Bridlewood is located in South Kanata. As Bridlewood grew, the new housing development of Emerald Meadows expanded to the South to offer a variety of homes: townhomes, detached 2 storeys and bungalows, and adult...
Hello Everyone, Happy Summer! Summer is here and we are all enjoying it! The real estate market is changing, more supply and not as many multiple offer situations. The sales prices are excellent and the rental market has strength. It is a good time to buy an investment property....
Many homeowners think that expensive solar panels and smart home gadgets are the only ways your household can adopt more eco-friendly practices. However, we’re here to tell you that there are simple tips anyone can implement at home to be a little friendlier to the...
The Royal LePage comprehensive survey of 2,000 boomers from coast-to-coast unveiled key trends within this powerful demographic. With over 9.1 million boomers in Canada, their real estate and purchasing decisions are far reaching....
OTTAWA, July 6, 2021 - Members of the Ottawa Real Estate Board sold 2,131 residential properties in June through the Board’s Multiple Listing Service® System, compared with 2,038 in June 2020, an increase of 5 per cent. June’s sales included 1,647 in the residential-property class,...
Morgan’s Grant is on the west side of March Road, and Shirley’s Brook and Briarbrook are situated on the east side of March Road. These neighbourhoods offer their residents the best of everything Kanata has to offer, including a large variety of homes to choose...
Congratulations Ottawa, on working so hard and reaching Step 2 in the reopening plan!...
There are so many different ways to celebrate your dad on Father's Day. Picking out the perfect Father's Day gift and writing a sweet message in his card may be a given, but it's also important to make sure that your dad's special day is full of activities that'll...
With the summer drawing nearer and the weather getting nicer, it is a great time to get out and check out the fresh farmers produce at one of the local Farmers Markets. Here are some of the local markets: Almonte Farmers Market In the parking lot of...
Happy Summer Everyone! The weather has been delightful and certainly has helped preparing gardens and the exterior of homes for good curb appeal. Patience for buyers is the best advice in today's market. There are always new listings coming on, and remember to buy a less than perfect home...