REAL ESTATE NEWS


Tip Series: 6 Tips For Buying Rural in Ottawa

While buying rural has its advantages, if you have never purchased rural property or lived in remote areas, knowing what to look for may make you feel a little lost. To make sure this process goes smoothly, we have compiled a list of tips to consider when making your purchase so that you can fully...

Summer Honey-Do List: Home Projects to Keep Your Home Looking Great.

With every season comes new projects for a homeowner. Whether it’s regular maintenance or renovations to keep your home from looking dated, it all works towards the same goal of maintaining your investment. Here are some tasks for you to add to your honey-do list this summer, to ensure your home shines bright during these...

Avoiding Backyard Blunders: 5 Things to Know About A Property Before You Buy

When looking at homes as a buyer, don’t forget to check out the backyard landscape! A backyard can serve as your haven, or your headache, so evaluating it properly before you buy is essential. See here for 5 things to evaluate in your backyard to ensure your new home is exactly what you signed up...

Ottawa real estate market watch: Rural properties in high demand in 2021

Unprecedented buyer interest in town and country homes, says local real estate group. Rural properties in the areas surrounding Ottawa have always attracted interest. It has always been a strong, competitive market. This year, however, there is greater demand than ever for homes set in country locations. Where normally the focus is on the bigger...

Mortgage Stress Test – Is This Important to Us?

The Dynamic Ottawa Real Estate Market COVID-19 tragically swept across Canada last year. It sadly changed many aspects of our lives. One of the areas that we did not anticipate was the impact on the residential real estate market. We have witnessed an unprecedented roller-coaster in-home sale in Ottawa.  The Federal Government has been concerned...

Renovating your Home – What Should I Do to Get the Best Price

The Dynamic Ottawa Housing Market  There have been many impacts of the COVID-19 pandemic with one being the significant change in the Ottawa residential housing market. For many years Ottawa enjoyed a stable market with a predictable inventory of homes. There was a slow and steady growth in the value of the houses. This has...

Is It Time to Renovate Your Basement?

When you walk downstairs to your basement, do you look around and think we could turn this into a much more comfortable living space? Does watching the home renovations shows on TV give you some exciting ideas helping you visualize what your basement would look like? It might be time to renovate your basement.  This...

Ottawa and Real Estate Market Snapshot April 2021

The April 2021 Ottawa Real Estate Board Stats are out!   Market Snapshot: The strongest April on record. With more sales and accelerated price increases the continued lack of supply is apparent. The pandemic has homeowners focusing on living space, driving the demand for change. If you’re considering a move we’re here to help answer...

Ottawa and Real Estate Market Snapshot March 2021

The March 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The long-term inventory shortage continues to drive prices however, the number of residential properties sold in March of 2021 is over double the number of properties that sold just one year prior. The Spring market sure has sprung! If you’re considering a move...

6 Things To Do Before Settling Into Your New Home

Buying a home is an exciting time for both new home buyers and experienced buyers alike. It is a fresh start, with new walls to build your life within. However, once the move begins, things can feel stressful, frantic, and exhausting, especially if there’s extra work to be done while boxes are being piled one...

COVID-19 changed the face of Real Estate in Ottawa

Real Estate in Ottawa has been a hot topic for some time now. Despite the industry’s sudden shutdown at the beginning of the Covid-19 pandemic, home sales picked up as soon as it was announced that the Real Estate industry was deemed an essential service. Since then, Ottawa residents have been fascinated as they watch...

Ottawa and Real Estate Market Snapshot February 2021

The February 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Low inventory is causing properties to “fly off the shelves”. With a record number of sales for the month, residential homes being listed are on the market for an average of 14 days which is a significant drop from the average 30 days...

5 Winter Home Selling Tips to Elevate Curb Appeal

While some people look down on it, selling your home in the winter can actually be a great experience. Buyers this time of year are more serious, and with a currently low inventory, Real Estate in Ottawa is advantageous for sellers. Many homes sold in the winter months have had multiple offers, and have sold...

Ottawa and Real Estate Market Snapshot January 2021

Market Reports Request Market Snapshot: Buyer demand fuelled the Ottawa resale market as we kicked off the year. The announcement of the stay-at-home order early in the month caused a shortage in inventory while the strong demand remained. If you’re considering a move we’re here to help answer any questions you have, in this market...

Community Associations in Ottawa

Here is everything you need to know about the Community Associations in Ottawa.  Finding a community you feel connected to can be a huge factor in buying a new home. Some people prefer to stay within the community they know best. Others venture out to discover new areas and build new connections. Discovering the ins...

Virtual Open Houses in 2021

Live stream open houses have never been more popular in the real estate world.  “Since the feature was made available on REALTOR.ca in April, there have been more than 24,800 live stream open houses conducted by more than 2,600 REALTORS® across Canada.” according to CREA.  That’s a lot of people that potentially have been saved...

What do Luxury Condos in Ottawa look like?

  Some buyers have dreams of a white picket fence, others imagine a life of luxury when purchasing a home. Those in pursuit of this lifestyle may be curious to know what to expect in the Ottawa luxury condominium market. Luxury condos in Ottawa are typically found in the downtown core, with good proximity to...

Online User’s Guide to Buying a Home During Covid

The New Importance of Online Tools COVID-19 has changed our lives dramatically.   All facets of our day to day routine were transformed. Initially, the Real Estate community saw a drastic slowdown in the sale of homes.  However, the industry was quick to adapt to the new challenging environment as we were deemed an essential service...

Ottawa and Real Estate Market Snapshot December 2020

Market Reports Request Market Snapshot: Ottawa’s resale market continued to thrive through December despite the challenges of 2020. The inventory shortage for 2020 caused an increase in the sale price as the demand remained with record-low mortgage rates. If you’re considering a move we’re here to help answer any questions you have, in this market...

Saving Money to Buy Your Home

Everyone needs a place to call home. It’s our base. It’s the foundation upon which we build our lives. It defines our sense of community and the satisfaction of participation. But what is the price tag that comes with owning your own home? How do we secure the money to become homeowners? How do we...

Ottawa and Real Estate Market Snapshot November 2020

Market Reports Request Market Snapshot: Ottawa’s resale market didn’t show its typical slowdown in November. With no slowdown our resale year to date transactions are on track with 2019. There were 50% less residential listings than this time last year. A concurrent decrease in inventory is a reliable indicator of why the average sale price...

Shopping Local this Christmas

The holidays are fast approaching, and the recent snowfall has heightened the spirit of giving and kindness of residents in the city. People are buying gifts for family and friends, trying to get ahead of the last-minute December holiday rush. Instead of spending hours in line buying gift boxes and gadgets, buy something unique and...

Buying a Home with a Friend

Buying a home with a friend is a good way to get into the housing market. The pandemic has affected businesses everywhere, the Real Estate market has rebounded well. House sales experienced a little interruption early on. It has bounced back bigger and better than what could have ever expected. This has been a result of...

Ottawa and Area Real Estate Market Snapshot October 2020

Market Reports Request Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the pandemic. We saw gains in the average sale price followed by a decrease from September...

Ottawa Real Estate Snapshot June 2020: June Statistics are a Welcome Sign of Things Getting Back on Track in our Marketplace 

Market Snapshot: A dramatic upswing in the number of sales this past month with sales within 2% of this time last year!  While it didn’t come as a surprise that unit sales were down 55% in April, and 44% in May, in dramatic contrast the June figures are a welcome sign of things getting back...

John Spagnoli

Sales Representative

 

Royal LePage Team Realty

484 Hazeldean Road,

Kanata, ON K2L 1V4

Office: 613-725-1171

Toll Free: 1-800-307-1545

homes@johnspagnoli.com


Royal LePage Team Realty

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