REAL ESTATE POSTS
Clean, Clean, Let it be Spring!
Spring Clean-Up Time in the Capital
As spring speckles and the snow begins to melt, it’s time to get busy cleaning up our capital after Jack Frost’s long hold over us. Littered across this beautiful city, left out in the winter’s cold we’ll find discarded coffee cups, old cigarette butts, stray plastic bags and papers – the list could continue ad infinitum. Something about winter’s frozen grip seems to allow this build up of trash, so it’s only natural that the sun’s welcomed melt brings along with it a much needed clean up.
The Capital region has a month-long challenge called Cleaning the Capital, sponsored by GLAD, which runs from mid-April to mid-M...
All About Homeowner’s Associations
When looking to buy a home, there are many options. Last week, we took a look at condos as compared to freehold properties but what about a freehold home with a homeowner’s association? In many cases, a homeowner’s association can appear very similar to a condo but this is not actually the case. It is very important to understand these differences before buying into a home with a homeowner’s association.
Differences Between a Condo and Homeowner’s Association
If you purchase a condo, you are purchasing your unit along with a share of the common element(s). These could include green spaces, amenities, private roads, or services and they are jointly owne...
All About Condos
Modern apartment buildings in Richmond, British Columbia, Canada.
When it comes time to buy a home, more and more people are making the decision to buy condos instead of a freehold home. Condos can be a great option if they match up with a buyer’s lifestyle, but it is important to do your research and know the differences between a freehold home and condo before you make the final decision of which to purchase.
There are many different types of condos but they all have one thing in common: shared ownership of at least one common element. This element could be the building itself, in the case of an apartment building, or it could be a green space, priva...
March Market Snapshot
Buyers Get a Jump on the Spring Market taken from the Ottawa Real Estate Board
April 5, 2018
Members of the Ottawa Real Estate Board sold 1,660 residential properties in March through the Board’s Multiple Listing Service® System, compared with 1,478 in March 2017, an increase of 12.3 per cent. The five-year average for March sales is 1,339. March’s sales included 358 in the condominium property class and 1,302 in the residential property class.
“Inventory continues to fall below normal average, but we are still seeing more sales than last year because listings are not staying on the market,” states Ralph Shaw, President of the Ottawa Real Estate Board...