Posts by teamrealty

Fall Furnace Tune-Up

October 17, 2018 | Comments Off

Fall Furnace Tune-Up As much as we may hate to admit it, fall is here. As the days get shorter and the air gets colder, the time of year when we switch from cooling our homes to heating them is upon us. However, before you switch your furnace on and start getting your winter blankets out of storage, it is wise to perform a routine inspection and maintenance of your furnace. You don’t want something going wrong in the middle of winter when you need heat more than ever. You can spend money to have a professional come and perform
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Readying Your Family for an Emergency

October 10, 2018 | Comments Off

Readying Your Family for an Emergency September 21st, 2018 is a day our community won’t soon forget. The stories we’ve heard from those affected by the tornadoes that touched down in the City of Ottawa-Gatineau were nothing short from terrifying; the photos we’ve seen from the storm’s aftermath have been undeniably bone-chilling. It has been a devastating reality that the residents of our nation’s capital weren’t quite ready to face as thousands upon thousands of families were left without power – and, worse – homes. Yet, in the same breath, we have witnessed some incredible acts of heroism and unity
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"Autumn Leaves are Falling; Home Prices are Not" | Ottawa Real Estate: Market Snapshot September 2018

October 4, 2018 | Comments Off

Notable numbers in Ottawa: Market Snapshot September 2018 Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca October 3, 2018 via the Ottawa Real Estate Board “We continue to experience supply-side issues going into our fall market. The fact is, the number of residential sales would be much higher had we more robust inventory to draw from,” states Ottawa Real Estate Board President Ralph Shaw. “Condos continue to represent a greater proportion of year-to-date unit sales with a 15 per cent increase from this time in 2017.” September 2018 Notable Numbers in Ottawa Real Estate The
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What You Need to Know Before Listing your Home in the Fall

September 20, 2018 | Comments Off

Listing your home in the Fall; tips for selling your home in the Autumn months With this summer’s (extreme) heat behind us, and with nothing but clear skies and crisp fall months ahead! We often hear sellers say “We’ll wait until Spring to list”, but as HGTV’s expert Scott MacGillivray outlines in this recent blog, there are some great benefits of selling your house in the fall. Summer holidays are over, the kids are back in school and you may find yourself with more time to plan your next move. So, why not swap those hot summer months for a
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Neighbourhood Snapshot: Kemptville “Green and Growing”

September 19, 2018 | Comments Off

Life in Kemptville “Green and Growing” Kemptville, in the municipality of North Grenville, is one of the Ottawa areas blooming communities, fitting of the “Green and Growing” slogan! Offering a welcoming community, great schools, hospital, golf course, retirement residences, business opportunities, and an easy commute to Ottawa, its steadily growing popularity is no surprise! An easy 30-minute commute to Ottawa via the 4-lane 416 highway, the Kemptville area could be considered a “bedroom community”, but it’s so much more than that! With the steady growth of population, as well as a recent boom in economic and real estate development, it
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Protecting Your Home from Critters

September 13, 2018 | Comments Off

As the cooler weather starts to roll in, we are all thinking of cozying up indoors and unfortunately our furry friends outside are also thinking the same. Wild animals are currently looking for warm spaces to call home for the winter months and unfortunately our homes can be an attractive target. When animals get into a home, the damage can be severe and costly to fix but fortunately, with some careful planning you can ensure that you are not welcoming some unwanted guests over the winter months. Ottawa is home to many different critters but let’s take a look at
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Frolic into Fall: Fall Maintenance Tips for Homeowners

September 8, 2018 | Comments Off

Getting ready for fall and winter can sound like a chore. However with a few simple tips and tricks, getting it done can be quick and will pay off, big time for homeowners. The most important aspect of getting ready is that all of the appropriate maintenance has been performed to keep your home in top shape before the snow flies. There are a few major things to remember when it comes to cold weather. A large part of getting ready for fall is to prepare your outdoor landscapes for the harsh reality that is Canadian winter, including (but not
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August 2018 Notable Numbers in Ottawa Real Estate

September 7, 2018 | Comments Off

Ottawa Real Estate: Market Snapshot August 2018 We continue to see a healthy real estate market in Ottawa, with inventory levels are improving but still lower than we’ve seen in previous years. Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca Summer Ends, Active Real Estate Market Continues… September 6, 2018 Ottawa Real Estate Board member sold 1,586 residential properties in August 2018, compared with 1,535 in August 2017, an increase of 3.3 per cent. The five-year average for August sales is 1,417. August’s sales included 1,188 in the residential property class, relatively unchanged from a
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We appear to have a problem:The need to disclose known defects when selling your home

August 22, 2018 | Comments Off

Every home has its’ own unique quirks and character, however, when it comes to purchasing said home, it is important that buyers are aware of any “quirks” that may actually be deficiencies. A deficiency in a home known to the seller is required to be disclosed to the buyer by law, ensuring that any future damage/repair costs cannot be something that the seller becomes liable for. When it comes to disclosing deficiencies in a home, there are two types of defects to consider – patent defects, and latent defects. A patent defect is an easily observed (obvious) defect. An example
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Reverse Mortgages: What to consider when considering a reverse mortgage

August 14, 2018 | Comments Off

Reverse Mortgages What to consider when considering a reverse mortgage… Reverse mortgages allow homeowners to use the equity in their home as a loan, it’s a financial strategy that is getting more common. This may be in part because a large segment of Canadian Baby Boomers (born between 1946-1964) “is on strong financial footing and on a clear path to being mortgage-free, if not already.” But what exactly is a reverse mortgage, and how does it work? Let’s examine the concept of a reverse mortgage, and some of the benefits and downfalls. What is a reverse mortgage? A reverse mortgage is a
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