Posts by curiousprojects

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 motion sensor lights. More important is to pass the higher cost of hydro on to their tenants, whenever possible, and to implement an energy consumption ceiling for their all-inclusive leases.  To read more click here. Source: Blog
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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 oven as they can damage the heating coils. To read more click here.   Source: Blog
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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 purchasing power, safety, property price to income ratio, and pollution.  To read more click here. Source: Blog
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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 the roughness of the steel fibers and rodents cannot gnaw through it. Repair ripped window screens, door sweeps and loose mortar in the basement foundation, screen dryer vents and chimneys and replace weather stripping to seal these ideal entry points. If you suspect an infestation,
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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, and travertine.  Mihalic also notes that many of the materials can be reused and suggests where the cost and/or environmentally conscious consumer can find them.  To read more click here. Source: Blog
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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 your retirement.  But…before purchasing an income property, you should be aware of the benefits and drawbacks.   Advantages of Income Properties: You pay less tax. Because your secondary property is a business, you can deduct certain expenses from your income (mortgage interest, property taxes, insurance,
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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 you a no-cost report on the areas you want to know about.    From OREB news: Members of the Ottawa Real Estate Board sold 1,244 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,131 in September 2014, an increase of
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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 Ottawa, REALTORS® have their own professional association known as the Ottawa Real Estate Board. From this association, our fully trained REALTORS® have insider access to MLS statistics about real estate activity, sales of property, the median price and market conditions. Since the interpretation of these statistics is
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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 tool combines this information with data from your household’s monthly electricity bill, factors in panel orientation and tilt to the roof surface to calculate average monthly and annual solar radiation, recommends the size of solar installation needed and estimates the cost to purchase or lease
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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 sellers in the market, so you might have to stage your home to get an advantage. Chen suggests it is important to highlight the sellable features of your home in any season.  Although there are fewer buyers in the December – January period (holidays, travel),
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