Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Updated 24 April 2020 Recreational cannabis has been legal in Canada since October 2018. Saskatchewan’s implementation of the new law has been the most efficient. Ontario was the slowest; however, it is now improving the availability of cannabis products. Federal and Provincial regulations, as well as City bylaws, are continually being updated, how will this impact the real estate industry now and what will it be in the future? Keeping current on this is very important; therefore, it is wise to work with a knowledgeable, professional and trustworthy
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Archives for Sellers
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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FAQ – Multiple Offers Simplified
A few years ago, multiple offers were a somewhat rare situation in the Ottawa real estate market, but have become common recently in certain neighbourhoods and for certain types of homes. Multiple offers can seem overwhelming but in reality, there is nothing to worry about! Whether you are looking to buy a home that has garnered a lot of interest or are looking to sell your home in this hot market, our Royal LePage Team Realty Realtors® are here to guide you through this process. Our training and experience will ensure that your interests will be protected. Read on to
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