REAL ESTATE NEWS


Emotional Homebuyers Can Lose Out On The Best Deals

Emotional Homebuyers Can Lose Out On The Best Deals

    When we really like a property, we can overlook or downplay its negative aspects.  This homeownership.ca post advises us to approach purchasing a home as a business decision and to remove emotion from the decision.   Before viewing any properties, contact a financial adviser to set your budget, a mortgage broker to get ...

6 Sneaky Ways to Make Your Home Look Expensive

  If you want to convert your home’s look from average to exceptional, this Realtor.com post by Jamie Weibe tells you how.  Remove mismatched decor items, store toys/magazines and organize your things to fix a cluttered appearance.  Clean and re-grout tile to make it look new.  Use traditional, neutral tones to freshen paint in areas ...

Underwriting insights! What Every Homebuyer Should Know Before Applying for a Mortgage

Underwriting insights! What Every Homebuyer Should Know Before Applying for a Mortgage

  This homeownership.ca post tells why an understanding of underwriting is a key advantage for home buyers seeking a mortgage.  Work with a mortgage professional to get pre-approved for a mortgage so you know your price range and can make an offer instantly.  The pre-approval process determines the size of mortgage and type of home ...

Create a beautiful bathroom for the ages

  As people age, reduced mobility, impaired balance, failing vision and muscle weakness make them more susceptible to injuries in their home, and bathrooms are no exception.  This Consumer Reports article tells how the latest design trends are helping owners upgrade their bathrooms with changes that enhance safety while retaining their beauty and avoiding an ...

Why Cleaning Window Screens Should Be Part of Your Winter Strategy

  Should removing and cleaning the window screens be part of your winter maintenance routine? According to this houzz.com post, there are several benefits to be gained. Simply put, dirty mesh blocks light, heat and the view. For example, you get 30 to 40 percent more light coming in without screens on the windows.  More sunshine ...

Ottawa Real Estate Update: November 2015

Mild weather and post-election enthusiasm spurs on home buyers!   Statistics are useful in establishing trends but should not be used as an indicator of an increase or decrease in value of specific properties. If you are curious about the value of your home and/or specific neighbourhood statistics we would love to help. Contact us. ...

Not Only Millennials Want Walkable Communities

  A walkable community is well-planned, compact and designed for people to walk to work, school, parks restaurants and activities as a form of everyday transportation.  According to a National Association of Realtors survey, more and more buyers want to live in walkable communities.  The study found that fully 12% more Millennials, the generation born between the ...

Higher electricity costs: how to circumvent them

Higher electricity costs: how to circumvent them

  Because the cost of electricity is expected to rise as a result of the federal Liberals’ green energy policies, prudent investors should pay attention to the energy consumption of their rental properties. This Canadian Real Estate Magazine post advises landlords to find ways to become more energy efficient such as installing programmable thermostats and ...

9 Bad Habits That Are Killing Your Appliances

  This slide show from Bob Villa is an excellent visual representation of how NOT to treat your appliances. For example, an overloaded washing machine stresses the bearings and misaligns the drum. Overfilling the freezer can block air vents, restrict the flow of cold air and overtax the condenser. Clean spills right after using the ...

Ottawa Named 3rd Best City in the World for Quality of Life; Here’s Why

  In this Point2Homes post, Nadia Balint attributes Ottawa’s stellar, but unsurprising (to locals),  ranking in the recent Numbeo Quality of Life Index to three characteristics: Ottawa is young and fun with almost half the population under 35, it promotes and supports family life and the housing is relatively  affordable.  The Index rates factors like ...

Your Complete Guide to Pest-Proofing This Fall

  To prevent an onslaught of pests from occupying your house as the weather cools, simply  follow the National Pest Management Association guidance presented in this post from Bob Villa. Seal cracks in the exterior envelope, especially where utility pipes enter, with silicone caulking.  Fill larger gaps inside your home with steel wool. Pests avoid ...

Your Guide to 10 Popular Landscape Paving Materials

Your Guide to 10 Popular Landscape Paving Materials

  If you are considering landscape paving, this excellent Houzz.com post by landscape architect Falon Mihalic includes guides to 10 of the most popular materials.  Focused on cost, climate, maintenance and functional application, the guides explain the pros and cons of cast-in-place concrete, the cheapest option, pre-cast concrete, gravel, limestone, brick, slate, tile, bluestone, granite, ...

How to Stage Your Home for Fall Showings

  This Zillow.com post by Nathalie Wise suggests that the time and cost of staging your home can result in higher sale prices and less time on the market.  Remove clutter, store items that could distract viewers and move furniture away from walls to make your spaces appear larger.  Clear counters and deep clean everywhere ...

8 Deer-Resistant Elegant Evergreen Shrubs to Plant This Fall

  Shrubs bestow privacy, a sense of enclosure and a splash of colour during winter.  In this houzz.com post, Brian Barth gives hope to discouraged homeowners who are tired of watching the local deer population feast on their shrubs.   Needle-bearing shrubs like the juniper will survive deer grazing, but they can lack artistic appeal.  ...

How Will Real Estate Markets React To The Liberals’ Election Victory?

How Will Real Estate Markets React To The Liberals’ Election Victory?

  The Liberal Party’s successful election campaign included a promise to stimulate the economy by increasing infrastructure spending with deficit budgets. How will these changes effect the country’s real estate market? Until details are released, the exact consequences are difficult to determine, but some possibilities have emerged.   Foreign Investment   We don’t know what ...

Winter Lawn Care: 4 Steps to Protect Your Turf

Home owners may be surprised to discover that fall is the most important season for lawn maintenance.  But, as we learn in this houselogic.com post by Lisa Kaplan Gordon, it is much more important than spring.   Aeration allows water, oxygen, and nutrients to reach roots, and gives seeds room to sprout.  Turf roots grow best ...

Seven Monthly Bills Most People Have, and Seven Ways to Reduce Each Bill

Seven Monthly Bills Most People Have, and Seven Ways to Reduce Each Bill

  In this article for The Simple Dollar, Trent Hamm targets energy, water, car, mortgage/rent, internet, insurance and cell phone/telephone payments and gives specifics on how to lower each monthly bill.  Insurance costs drop if you increase your deductible. Reduce phone costs by using Skype, lowering usage and ditching the landline.  Save on energy bills ...

6 Misperceptions About Home Staging

  In this insightful Realtor Magazine post, interior decorator and professional stager Patti Stern explodes six myths about home staging.   The Cost of Staging For example, some sellers consider staging too expensive.  In reality, it actually saves you money because 95 percent of staged homes sell in 11 days or less and sell for 17 ...

Home Improvements – Do It Yourself Or Hire A Professional?

Completing a DIY project can be tremendously fulfilling and financially rewarding. But, bite off more than you can chew, and you might be looking at some major expenses to fix the damage or, even worse, a catastrophic incident. Before grabbing your toolbox, accomplish a quick risk-reward analysis. Then, determine if you have the skills and ...

Holiday Entertaining Made Easy

Is the whole family coming to your home for the holidays? Or perhaps you’d like to share some festive cheer with your neighbors? Whatever the reason, ’tis the season, so now’s the time to start planning. Stock Your Pantry — Get ready for hosting with a well-stocked pantry and freezer. Must-haves include quick, no-cook appetizers; basic baking ...

4 reasons to buy a home before the end of the year

4 reasons to buy a home before the end of the year

Does cooler weather mean that you should cool down your house hunt?  Absolutely not!  Sellers who have homes listed during the colder months are usually motivated to sell and list prices are typically lower in December…but wait…there’s more! Traditionally, housing markets cool down at year end, but this Business Insider post suggests taking advantage of ...

How Will Legalized Pot Affect Canadian Real Estate Markets

No matter what you think about the ethics or morality of legalizing marijuana, Justin Trudeau’s Liberal government has promised to do just that during their first term.  The fact is, we started down that path when medical marijuana was legalized. So, how will this impact real estate markets in Canada?         The ...

Market Update | Ottawa Real Estate Stats October 2015

  Here are the latest statistics from the Ottawa Real Estate board.  Statistics are useful in establishing trends but should not be used as an indicator of an increase or decrease in value of specific properties.  If you are curious about the value of your home and/or specific neighbourhood statistics  please contact us anytime, we would  love ...

Home Buyers: To Inspect, or Not To Inspect

Home Buyers: To Inspect, or Not To Inspect

To Inspect, or Not To Inspect You’ve just purchased your dream home and your salesperson is recommending an home  inspection before signing the final conditions. Is it worth $400-500? Now is the time to ignore your emotional attachment to the property, and make this a business decision. The answer is, “Absolutely!” The inspection is a ...

Income Properties: What You need to Know about Buying an Investment Property

“Don’t wait to buy land, buy land and wait” – Will Rogers     Income Properties: Are you Ready?  Owning a rental property may seem like a licence to print money.  Interest rates are low, the Ottawa Real Estate Market is stable …what could be easier?  Buy a property, lease it, collect cheques and plan ...

Best September on record for number of Ottawa Real Estate resales!

What a great month for Ottawa Real Estate! See below a snap shot of what’s happening in the Ottawa Real Estate Market from the Ottawa Real Estate Board  published October 5th, 2015 Interested in a specific neighbourhood?  We have access to all of the latest real estate statistics at our fingertips! Please contact us and we will send ...

Home Buyers: Working with a REALTOR®

Real estate has undoubtedly become one of the biggest industries in the world.  Buying and selling of real estate property are obviously major financial undertakings for anyone and these transactions need to be executed in a professional way. With this in mind, working with a REALTOR® is crucial in selling or buying deal of real estate property. In ...

How Google Sunroof is Changing Homeowners’ Costs

How Google Sunroof Works Employing the high-resolution aerial mapping used by Google Earth, Project Sunroof calculates the amount of sunlight reaching your roof to assess its potential for solar power.  It takes a variety of factors into account including local weather conditions, shade from nearby trees and buildings and sun positions throughout the year.  The ...

The Inside Scoop on the Best Season to Sell Your Home

Think you need to wait until Spring to sell your home? You may want to think again if you’re ready to sell now.   In this HGTV.com post, Gavin Chen challenges conventional wisdom that the best time to sell is spring and the best time to buy is fall.  Statistically, spring has the most competing ...

Your Annual Home Maintenance Schedule

Following an annual maintenance schedule is an essential step in protecting the value of what will probably be the largest investment of your life – your home.  First time home owners, or those lacking experience may struggle with this task and overlook important elements.  Here are some guidelines to help you create a maintenance program ...

Strong summer performance for Ottawa’s resale market

Check out the latest Ottawa Real Estate Statistics from the Ottawa Real Estate Board The summer real estate market has been strong in the Ottawa area, as we head into fall we’ll keep you updated on the latest Ottawa Real Estate market news!  Are you interested in a specific neighbourhood?  Please contact us! We have ...

CMHC announces new rules to make it easier for homeowners to rent out property

In this Financial Post article, Garry Marr discusses the impact of upcoming changes from Canada Mortgage and Housing Corp (CMHC) that will permit homeowners to count 100% of the income from their secondary units when qualifying for a loan.  Currently, homeowners with legal units can only count 50% of the income from legal rentals.  By ...

Should you let children choose their bedroom paint colours?

Should you let children choose their bedroom paint colours? In this Canadian Living post, Brett Walther suggests a way to let your child participate when deciding what colour(s) to paint their room while also avoiding a choice that is unacceptable to you, or one that they will want to change next week.  The key is to ...

Machu Picchu Challenge for Shelter

Machu Picchu Challenge for Shelter August 2015  in Machu Picchu, Peru In support of the Royal LePage Shelter Foundation people from Royal LePage offices across Canada have started the trek to Machu Picchu to help restore hope for women and children escaping violence. “For eight days, 70 enthusiastic supporters are trekking at high altitude, camping in tents, and ...

Ottawa Real Estate Market Update: Summer report!

The latest statistics from the Ottawa Real Estate Board have been released.  The information below includes market highlights from July 2015 stats and include all of  Ottawa and the surrounding area. Are you curious about a specific neighbourhood or property?  Please Contact Us – we’d love to hear from you! Typical summer resale market in ...

Royal LePage Team Realty in the Ottawa community: Helping provide seniors at St Patrick’s Home with gardening supplies for Horticultural Therapy

Royal LePage Team Realty in the community:  We were so happy to be able to help fund this great project at St Patrick’s Home in Ottawa with for their new Horticultural Therapy program.      // We’re so honoured to be a part of this success story! Congrats to St. Patrick’s Home of Ottawa Foundation – ...

Royal LePage Receives the Consumer’s Choice Award…18 years & Counting

Royal LePage is once again the proud recipient of the Consumer’s Choice Gold Award as Top Real Estate Brand in Ottawa for 2014.  A big THANK YOU for supporting Royal LePage Team Realty in the Ottawa Real Estate Community, we couldn’t have made this list for the last 18 years without your support. This article was ...

Busy Spring Real Estate Market in Ottawa Continues in June 2015

Curious about what’s going on in the Ottawa Real Estate Market?   Below are some highlights of our June market.  Curious about a certain area?  Please contact us and/or one of our Sales Representatives  for details, we have up to date statistics on all Ottawa neighbourhoods.     Ottawa Real Estate Market Update:  The busy ...

Congratulations to Jody Lavoie: Elected Chair of the Real Estate Council of Ontario (RECO)

We would like to send out our congratulations to Jody Lavoie of Royal LePage Team Realty, Barrhaven/Nepean office, who was just elected as the Chair of the Real Estate Council of Ontario (RECO). At Royal LePage Team Realty we value organized real estate and we are very proud of our members who have a long history ...

Royal LePage Shelter Foundation named national partner in Sheltersafe.ca

            We are pleased to announce another step forward in our efforts to help abused women and their children find help. The Royal LePage Shelter Foundation has been named a national partner in Sheltersafe.ca — a new online resource managed by the Canadian Network of Women’s Shelters and Transition Houses — along ...

Electronic Signatures in Real Estate coming July 1st!

  Real Estate News: Effective July 1st, 2015 real estate consumers in Ontario will be able to use electronic signatures on agreements of purchase and sale! OREA (Ontario Real Estate Association) has promoted the fact that electronic signatures on agreements of purchase and sale will help improve transaction efficiency by reducing the time required to complete a ...

Royal LePage Team Realty named one of the TOP 60 Real Estate Brokerages in Canada

WOW! We are so honoured that we made REP Magazine’s (Real Estate Professional) list of the Top 60 Real Estate Brokerages in Canada! “These Brokerages are more than high transaction, high-volume players – they are also leaders in innovation for clients and agents, and in their communities.” -REP MAG page 25         ...

Ottawa Real Estate Market Update: May 2015

  Stats stats stats! It’s being called a “Buyer’s Market” but overall the Ottawa’s Real Estate resale market was strong and steady in May 2015.   Below are some of the highlights from the Ottawa Real Estate Board.  This type of Real Estate Market overview is interesting but please speak to one of our REALTORS ...

Wow! Ottawa ranked #1 amongst large cities and #2 overall in MoneySense’s Canada’s Best Places to Live 2015 rankings!

Canada’s Best Places to Live 2015: Measuring quality of life in 209 cities Wow! Ottawa ranked #1 amongst large cities and #2 overall in MoneySense’s Canada’s Best Places to Live 2015 rankings!  Read Full Article Here We’ve always loved Ottawa but with a resurgence in amazing restaurants, arts and culture, farmers markets and start up ...

Royal LePage Gale Real Estate and Royal LePage Team Realty team up for record-breaking fundraiser

  Every year on a Tuesday in  May, Royal LePage Team Realty and Royal LePage Gale Real Estate get together for a charity auction. It all started in Almonte in 2001, when Butch Oldford bought a tie at a company breakfast meeting for $250. Butch asked that the money go to charity.  Realizing that cancer has touched ...

Fun Real Estate Facts: Average Ottawa Home Prices 1956-2014

The Average Price of a home in Ottawa in the year 2000 was $159,511 – last month in March 2015 it was $361,572 (including Residential & Condos!) What was the Average the year you bought your first house? The year you were born? The year you got married? Check the chart below for details. Interested ...

Royal LePage in the News! Royal LePage named 2015 Outstanding Corporate Citizen

Canadian Franchise Association bestows honour on Royal LePage—A first for the real estate industry! April 14, 2015 A first for the real estate industry TORONTO, APRIL 14 – Royal LePage Real Estate Services has been named the 2015 Outstanding Corporate Citizen by the Canadian Franchise Association (CFA).  Royal LePage, Canada’s largest and oldest real estate firm, ...

Ottawa Real Estate Market Update: Spring is finally here!

Is now the right time for YOU to buy or sell?  For a full report of what’s going on in your Ottawa area neighbourhood talk to your Royal LePage Sales Representative  or if you’re looking for a great Realtor®, e-mail Kent Browne kent@royallepage.ca or 613-725-1171. Helping YOU is what we do. _______________________________________________________________________ Busy spring season ...

Nelson House Donation

With the help of many generous supporters, every year Mary Lindsay, a Royal LePage Team Realty sales representative,  organizes a  “Yesterday’s” sale at our Royal LePage Team Realty branch at 1335 Carling Avenue.  This group collects gently used clothing, jewelry and silent auction items which are then sold over 2 days. All money raised is ...

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