Ottawa Real Estate by OttawaAgent.ca

March 2010 Ottawa Real Estate Market Update

2010-03-08T19:09:00Z

Below is the news realease from the Ottawa Real Estate Board providing a summary of the number of re-sale transactions managed by Realtors in Ottawa and tracked on the Ottawa Real Estate Board's MLS System for the month of February and year-to-date in 2010. I like Mr. DeVarrenes's choice of words: "for now" Ottawa remains a seller's market. One has to assume that the low level of inventory cannot continue forever as the natural forces of people's lives tend to result in...(read more)

Historic Family Home For Sale in Waba

2010-02-28T17:54:00Z

• 2,400 sq. ft., 3 bath, 4 bdrm 2 story - MLS® $359,900

Waba, McNab / Braeside - Own a piece of history, a generously spacious family home, 5 acres of country playground, easy access to home town shopping, skiing and golf, for an extremely reasonable price. 10 foot ceilings, gorgeous original moldings and trim, elegantly updated baths: powder, main and luxurious ensuite. Main floor family/great room AND den. Outbuildings, pool & hottub on classic stone patio, Waba Creek. Solid, homey, classic, a rare opportunity.

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January Market Update - Eastern Orleans

2010-02-18T14:53:00Z

Following up from yesterday's update on the Western half of Orleans, here is the January MLS transaction data for the Eastern half of Orleans. Looking to buy or sell a home or condo in Orleans ?...(read more)

January 2010 Market Update - Orleans

2010-02-17T17:10:00Z

The sharp jump in both residential and condominium prices, on average, in January 2010 relative to January 2009 has to be put in context: the first two and a half months of 2009 in Ottawa saw the most timid period for real estate transactions in several years, and along with that, the first negative price changes year over year for several years as well. There was trepidation and the feeling that perhaps the global recession and major problems in the Real Estate sector South of the border were going...(read more)

January 2010 Market Update

2010-02-03T19:57:00Z

Here's the news release from the Ottawa Real Estate Board with a summary of home sales in the Ottawa area in January. As discussed in the release, increases relative to January 2009 reflect as much how last year there was a great deal of uncertainty at the beginning of the year and therefore a very timid market. Transactions were brisk this January, but appear even more so in comparison to last year. A Great Start to 2010 for Ottawa’s Housing Market February 3, 2010 : A Great Start to 2010...(read more)

Beacon Hill Market Update

2010-01-27T18:06:00Z

OTTAWA, Ontario - defining Beacon Hill to include north and south neighbourhoods and to exclude Rothwell Heights and the Industrial Park for uniformity, the activity throughout 2009 in this core East End community was very strong. Sales to listings ratios of .84 and .79 for residential class and condominium class properties respectively place activity very firmly within Sellers' Market territory. Average days on market of about three weeks and well above average price gains in prime areas represent...(read more)

2438 Clementine Boulevard in Heron Park is Sold

2009-12-11T02:06:00Z

Heron Park, Ottawa - The bungalow at 2438 Clementine Boulevard has been sold.

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Continued Seller's Market in Ottawa

2009-12-08T20:49:00Z

Summary statistics compiled by the Ottawa Real Estate Board and presented in a recent press release make it very clear that Ottawa is still a strong Seller's market for residential Real Estate. A shortage of listings prevails. It is our thinking at OttawaAgent.ca that inventory should begin to build to some degree in 2010 as more fence-sitting Sellers decide to take advantage of currently favourable conditions. However, as the Bank of Canada has also recently re-affirmed intentions to keep the...(read more)

Open House in Heron Park on Sunday

2009-12-02T18:25:00Z

Heron Park, Ottawa - We invite everyone to visit our open house at 2438 Clementine Boulevard on December 6 from 2:00 PM to 4:00 PM. Your host will be Bruce Brown, Real Estate Broker with Keller Williams Ottawa Realty.

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Blackburn Hamlet Market Update Through October 2009

2009-12-02T18:19:00Z

About 8 years ago we declared quite loudly to any who were interested that Blackburn Hamlet was undervalued. Homes for sale in Beacon Hill and Chapel Hill on either side of Blackburn Hamlet were priced and selling for considerably more than Blackburn Hamlet, which is arguably better located than both. Okay, Beacon Hill is close to the River and Chapel Hill offers newer homes, and probably the biggest advantage for many buyers - deeper basements. Ottawans love their basements, and newer basements...(read more)

Open House in Heron Park on Sunday

2009-11-23T18:47:00Z

Heron Park, Ottawa - We invite everyone to visit our open house at 2438 Clementine Boulevard on November 29 from 2:00 PM to 4:00 PM. Your host is Paul Hargadon.

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Ottawa Neighbourhood Market Update: Bel Air (November 2009)

2009-11-18T21:08:00Z

Here's an update on the Real Estate Market in the Ottawa west end neighbourhood of Bel Air. For our purposes, we include areas 5401, 5403, 5405, and 5406 which are Bel Air Park, Bel Air Heights, and the two Copeland Park neighbourhoods. 5402 (Braemer Park) and 5404 (Industrial) are excluded as they are less uniform in neighbourhood characteristics and as a result do not tend to have similar market values to the other area 54 neighbourhoods. You may have read that YTD market data to the end of...(read more)

Clients Featured

2009-11-16T17:52:00Z

We are thrilled that our excellent clients, Derek and Carole Hamilton, were featured in an article in the Ottawa Citizen on Saturday, November 14th. The article is available online at househunting.ca here . Thank you to Carole and Derek for allowing us to identify in this Blog that they are our clients. We thoroughly enjoyed working with them to help them find the right home in Ottawa. Sometimes the right property is a new property, and we work hard to keep abreast of new developments and work with...(read more)

Alta Vista Market Update November 2009

2009-11-13T03:16:00Z

This is an update on Real Estate market activity in the Alta Vista area year to date as of November 12, 2009. We include MLS areas that we consider to be relatively equivalent or uniform from the standpoint of actually living in the community. There is always room for variation within a community but we work to draw boundaries that make more sense than the second level MLS area boundaries which, for example, may include an industrial park along with a residential neighbourhood. For our "Alta...(read more)

10 Canfield Road in Trend Village is Sold!

2009-11-07T17:33:00Z

Trend Village, Nepean - This home was exquisitely maintained. It was also staged, marketed, and priced to perfection. It sold in two days for more than asking price, having received multiple offers. If you're hoping to secure a home of this calibre, you need to hire a REALTOR member of the Ottawa Real Estate Board. It is just too difficult to find, and understand how to negotiate, to acquire a home of this quality that is in high demand. And think about it - what is the best indication of purchasing excellent value? It is the fact that many people are clambouring to purchase it. When it comes to re-sale, the same will be true.

It was satisfying to see our clients, the Sellers, very happy with the results of the transaction - especially because the Buyer was also so pleased to find just what they'd been looking for. Seller and Buyer shared passions for cooking and gardening, for which this home was perfectly prepared.

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