Posts by teamrealty

Moving to Ottawa? The Real Question is "Why Not?"

January 17, 2018 | Comments Off

There’s no doubt about it, Ottawa has topped the list of real estate markets to watch in 2018. With it’s ever growing communities, and variety of opportunities for all ages, Ottawa ranks among the world’s most desirable cities to call home. With is diverse neighbourhoods, excellent education system, distinct seasons, and constant opportunities for entertainment, Ottawa gives individuals lots of reasons why they should move here. The real question is: Why not move to Ottawa? The National Capital city is very clean and green, offering unparalleled health services, economic securities and affordable housing options. In a study released by Statistics
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Purchasing a Home in Canada's Best City to Live

September 21, 2017 | Comments Off

We are very fortunate to live in a City that offers economically booming neighbourhoods and family-friendly communities. In Ottawa, there’s bound to be something for anyone and everyone. In fact, according to MoneySense, Ottawa has been ranked Canada’s Best Place to Live in 2017. Why? Well, aside from being home to one of the most respected tech hubs in Canada, having an extremely low-by-comparison unemployment rate of only 5%, and host to some of the greatest, most talented chefs in the country, Ottawa is a safe and affordable city that hasn’t been caught up in the real estate frenzy that’s
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The Role of a Realtor – Seller

August 21, 2017 | Comments Off

Selling your home is a big decision, and an emotionally charged one. It can also be a long process, and has many complicated steps to follow in order to ensure everything goes smoothly. Although it is possible to handle all this yourself, it adds stress onto an already stressful time, and can lead to mistakes that cost you thousands of dollars. In order to avoid these risks, many people choose to hire a realtor to sell their home. As in most things, having an expert on call to help you can lead to much better results than you could achieve
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The Role of a Realtor – Buyers

August 15, 2017 | Comments Off

Buying a home is one of the largest, and most expensive, decisions you will ever make. You want to make sure that you have covered all your bases in order to avoid any costly mistakes. One of the best ways to avoid any potential pitfalls on the road to home ownership is to talk to someone who knows that road well, and no one knows it better than a realtor. Hiring a realtor means that you have an expert at the entire house buying process there to help you through each step, and means less stress and trouble for
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"a Stellar year so far"…Ottawa Real Estate Snapshot June 2017

July 6, 2017 | Comments Off

We are still seeing lower than normal inventory, more multiple offer situations and fewer days on the market which is good for sellers but with prices remaining “relatively steady”, it is also good news for Buyers. Check out the highlights below and send us an email to info@teamrealty.ca for details and info on specific properties, we love to chat about real estate! Below is the latest news release from the Ottawa Real Estate Board Members of the Ottawa Real Estate Board sold 2,162 residential properties in June through the Board’s Multiple Listing Service® System, compared with 1,985 in June 2016, an increase of
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Understanding Multiple Offers

June 26, 2017 | Comments Off

As Ottawa continues to be a hot market with a low inventory, the number of multiple offer situations seems to be on the rise. When a home goes to “multiple offers”, all offers on the home must be made at a set time and the seller is able to choose which one they would like to go with or negotiate. This can be a complicated situation for buyers and sellers so here is what you can expect. Keep in mind though that the most important thing you can do as either a buyer or seller in these situations, is to
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Buying a Home that is "For Sale By Owner"

June 16, 2017 | Comments Off

A home is likely the biggest purchase of your life so what happens if you find the perfect property but it is “For Sale By Owner” (FSBO)? To avoid surprises, headaches, and extra costs, it is always advisable to work with Buyer’s Agent; just because the seller has opted to go it alone does not mean that you have to! A Buyer’s Agent will represent your best interests through the process and will ensure that you know what you are buying without any surprises. Here are some important things to consider before making an offer on a FSBO home. Who
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Primary Residence Tax Exemption

June 9, 2017 | Comments Off

The federal government has recently made some changes to the Canadian tax system regarding the capital gains from selling residences. Some people are quite worried about what these changes, which you can find directly from the CRA, may come to mean when they sell their homes, but you shouldn’t panic. These changes will not greatly affect most homeowners, who only own a single home they live in. What will stay the same: The capital gains tax exemption from selling a principal residence will not change. This means that any profit you make on selling your home, as long as it is
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Ottawa Real Estate Snapshot May 2017

June 6, 2017 | Comments Off

Another record breaking month in the Ottawa Real Estate market with the highest number of properties sold in one month ever recorded! The Ottawa condo market is gaining significant strength, with 44 Condos sold last month, that’s 44.6% more than May 2016. We are still seeing lower than normal inventory, more multiple offer situations and fewer days on the market which is good for sellers but with prices remaining “relatively steady”, it is also good news for Buyers. Check out the highlights below and send us an email to info@teamrealty.ca for details and info on specific properties, we love to
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Why Listing Price is So Important

May 25, 2017 | Comments Off

Why Listing Price is So Important What is your home worth? This is a tricky question and there are many factors to consider including condition, upgrades, market trends and comparable properties in your neighbourhood. The listing price of a home can make or break a sale so it is always advisable to work with a real estate professional who will do the research and advise you on the best listing price for your home. This will ensure not only that it sells quickly but also for the best possible price in the shortest time. Why is the original listing price
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