A Breakdown of Canada's New Lending Rules

There has been a lot of topical chatter about the significant changes our government has recently put in place on Canada’s housing rules. Over the last several years, our government has been known to change the mortgage requirements on numerous occasions which has (and continues to) deeply affect anyone who, is not only looking to perhaps qualify for government-backed insured mortgages, but also those who may be looking to purchase their first home and/or are looking to refinance their existing ...

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Ottawa Real Estate Update | Condo sales lead the way to best October on record!

While temperatures are dropping, the fall real estate market in Ottawa remains steady with another record breaking month!  Recently released statistics from the Ottawa Real Estate Board  below show that the condo sales soared in October, up 27.2% over last year!   While these statistics are useful in establishing market trends they should not be used as an indicator that specific properties have increased or decreased in value. If you’re interested ...

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Let us help you find "Your Perfect Life"

Whether you are looking for a neighbourhood with young families, an urban lifestyle or a quiet place to retire, “Your Perfect Life” could help you find your sweet spot. By way of entering a simple postal code, you are able to match your lifestyle and neighbourhood preferences in a relatable and engaging way. A first in Canadian real estate Fun, engaging content to share on your social channels With detailed ...

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How to Choose the Perfect Realtor for You

  How to Choose the Perfect Realtor for You Whether you’re a first-time home buyer or are selling your house yet again, you need a realtor that understands your needs. The home buying or selling process can be complicated as it is, and there is no need to cause yourself additional angst by picking a less-than-qualified realtor. Read on to discover a few traits you need to look for when selecting a real estate agent so you can confidently move through the buying or selling ...

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Key Qualifying Questions

If you’re thinking of buying a home, but not sure on how or where to begin, let us be the ones to help you! What’s important is to ask the right questions in order to make the right decision – the one that’s best for you.   First, if you’re a first-time home buyer, it’s important to get pre-approved for a home. This should typically be step one. Once approved, the rest of the home-buying experience can successfully follow. You ...

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Millennials Bring the Big City to the Suburbs

  The high cost of downtown living in big Canadian cities like Ottawa, Toronto, and Vancouver are driving more and more people out of city centers and into the suburbs. However, millennials say they don’t want to miss out on the look and feel of the big city when they move to the outskirts. Some suburbs have heard these desires, and are trying to find ways to change and better promote the amenities they offer in order to attract more ...

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Strong Fall Real Estate Market in Ottawa

No fall(ing) back in Ottawa’s resale market: News release from the Ottawa Real Estate Board October 5th, 2016 OTTAWA, October 5, 2016 – Members of the Ottawa Real Estate Board sold 1,371 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,241 in September 2015, an increase of 10.5 per cent. The five-year average for September sales is 1,171. “Again this month, we have broken the record for residential and condominium units ...

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5 Awesome Innovations on the Frontier of Home Automation

In today’s digital world — recently dubbed “The Age of the Internet of Things” — technology is changing everything. From wearable health tracking devices to cars that drive themselves, tech has made day-to-day life easier, more convenient and also more fun. One area in which technology is having a huge impact is in the home. Recent inventions have made maintaining, taking care of and enjoying domestic life better than ever before. The following five home automation innovations represent some of ...

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Homeowners Can Earn Extra Income Using Airbnb

Congratulations, you’re a homeowner!  With all of the joys of home-ownership also comes the task of paying off your mortgage, paying property taxes and keeping up with regular maintenance as required.  While you’ve purchased a home within your means, paying off a mortgage can be daunting; however, there are ways in which you can make your payments a little more manageable. If you’ve decided to purchase a home, you’ve put down a certain percentage as a down payment, and you’ve ...

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Checklist for Home Buyers

When buying a home, there are always a series of questions that run through a home buyer’s mind. At Royal LePage Team Realty, we encourage you to ask them, we try to think of everything for you including a checklist to keep track of the important details about homes we show you! Of course your Real Estate agent will be there every step of the way to help you find the right home, but falling in love with a property is not the only factor ...

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Buying Your Retirement Home

For several years now, Canada’s population of 65-and-overs has been increasing at rapid rates. In fact, in 2015, according to Statistics Canada, there were more Canadians over the age of 65 than there were those under the age of 15 – a pace that has only been growing since 2011. Coincidently, as the Canadian population grows older, the number of Canadian retirees will rise.  So, are you someone who is approaching the first stages of retirement? More importantly, are you ...

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Finding the Best Neighbourhood for Your Family

Buying a home is arguably one of the biggest decisions we will ever make. The process can often seem a little daunting at first, especially for those who are first-time home buyers: where to buy, what neighbourhood, what to buy, when to buy – all relevant ponderings that can (and will) be answered in time, rest assured. Similarly, when it comes time to choosing a home that is best suited for your family, there are also a lot of factors ...

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Ottawa Real Estate Market Hightlights August 2016

According to recently released statistics by the Ottawa Real Estate Board, August 2016 was a record breaker. 2016 continues to outpace 2015 in number of properties sold! While inventory has dropped compared to this time last year the total number of sales are up and so are average sale prices.  With fewer homes for sale in the Ottawa real estate market for buyers to choose ...

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Considering Your Lifestyle When House Hunting

Buying a home is one of the biggest financial decisions you will ever make. As a result, making a smart and focused decision requires an analysis of your unique needs, allowing you to find a home that suits not only those needs but also your lifestyle. In addition to the physical attributes of a home, such as the number of bedrooms and total square footage, you should consider your lifestyle when choosing a home. Evaluate these factors on your next ...

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Voice Control & Connected Devices Fuel Home Automation

Connected devices hooked up to the Internet are advancing home automation in a way that helps you make your new home a clean, energy efficient and welcoming place. The key to controlling the devices can be a smartphone, tablet or computer.  As you bring devices under your control and make your home a Smart Home, get them to interact with one another, you can also help them work together to improve your living environment even more. Voice automation, which involves ...

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4 Helpful Tips for Purchasing Home Insurance for a New Homeowner

  Owning a home for the first time is incredibly exciting. After all, you have a space that is completely yours to decorate, spend time in and simply enjoy. However, with the rewards of homeownership also come the responsibilities, and people who are buying their first houses will discover that they suddenly have a whole slew of necessary to-dos. One of the most important things for a new homeowner? Buying a home insurance policy for the new house, which will ...

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Market Snapshot July 2016 Ottawa Real Estate

  According to recently released statistics by the Ottawa Real Estate Board, Summer 2016 in real estate is still hot, continuing to outpace 2015.  While inventory has dropped by 15% compared to this time last year the total number of sales are up and so are average sale prices, providing us with a Real Estate Market Snapshot July 2016. While these statistics are helpful in establishing trends there are many factors to consider when buying or selling that ...

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Housing Trends We are Seeing in the Canadian Real Estate Market

The Canadian housing market is already in the news, thanks to the recent collaboration of Vancouver residents to form the #DontHave1Million campaign that went viral. This Twitter campaign was in response to the recent reports that the average home in Vancouver will set you back $1.27 million, which is more than double the average price of a home throughout the rest of the Canadian market. And, at the rate things are going, this trend shows no sign of slowing down. ...

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The Lowdown on Open House Etiquette for Home Buyers

Open houses in Ottawa are an excellent opportunity for you to check out potential future homes. You do not need to have a real estate agent, nor is making an appointment necessary. You don’t even have to be an official home buyer. Instead, open houses can be a stress-free way for you to ease into buying a home. They may help you prioritize what you want, for example. That said, if you are new to open houses, you ...

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Buying Near Parks and Recreational Facilities

According to RealtorMag, twenty-three percent of recent buyers indicated that convenience to parks or recreational facilities influenced their choice of neighborhoods.  Proximity to parks and recreational facilities was the most important to recent buyers aged 34 and younger, and to those aged 35 to 49.  Here are some reasons to believe those numbers will rise. Public Health Concerns The alarming increase in obesity, especially among children, has focused attention on how important physical activity is to our overall wellbeing.  Governments ...

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Ottawa Real Estate News | June 2016 sets record for the highest number of sales ever

WOW what a month in Ottawa Real Estate! Members of the Ottawa Real Estate Board sold 1,985 residential properties in June 2016 through the Multiple Listing Service® setting a record for the highest sales in any month ever in the history of the Ottawa Real Estate Board. While average price dropped slightly in both residential (slight decrease of 1.3% over June 2015) and condominiums (slight decrease of 2.4% over June 2015)  the market in Ottawa remains sure and steady.  While these statistics ...

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What Is a Smart Home?

If you can turn the lights in your home on and off from your cell phone, you have the beginnings of a smart home. Smart home technology is now available that allows you to remotely control a variety of electrical appliances and components in your home, even when you’re not there. The purpose is to let you make your home more comfortable, secure and energy efficient. While smart home technology is still in its infancy, there are already many ways ...

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8 Tips to help Prevent Break-ins Without Breaking the Bank

Home Owners:  Tips to Prevent Break-ins A recently published story by CBC June 28th, 2016 warned Ottawa residents that the number of residential break-ins has almost doubled in the first half of 2016 as compared to the first half of 2015. While Ottawa is considered a safe city, it’s always a good idea to be vigilant about home security.   Here are a few quick tips that won’t break the bank.   • Get to know your neighbours. Areas with ...

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What's In a Name? Is your Street Name Desirable to Home Buyers?

When you’re shopping for a new home, there’s a good chance you’ve got a long list of considerations that you will factor into your decision-making process: size, neighborhood, condition, etc. But have you ever considered a home’s street name to be a factor when you’re deciding whether or not you want to buy? It might surprise you, but for many home buyers the name of a house’s street can determine whether that house is desirable – or not ...

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4 Important Things to Know About the Difference Between a Realtor and Real Estate Agent

So, you want to buy (or sell) a house in Ottawa or beyond. What’s the first thing you do? If you’re like most people, you go find a real estate professional to help. While the whole process sounds pretty simple (hire a representative you like and trust!) there’s actually one extra decision you’ll need to make before you proceed — and that is whether you want to hire a Realtor, or a real estate agent. You might be thinking, “But ...

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Royal LePage Team Realty

555 Legget Drive Kanata Ontario

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