Ottawa Real Estate News from Ron DeCaen March 2015   
  Real Estate News

Ron DeCaen
Sale Representative

Action Power Team Ltd. Brokerage
15-1420 Youville Drive
Ottawa, Ontario
613.797.9366 (cellular)
613.837.3800 (office/24/7 pager)

A positive first impression of your home can make a huge impact on your selling price!  This month’s article shares some simple tips on how to prepare your home for a successful sale.

There’s also a spring checklist to get your home ready for the gorgeous weather that’s just ahead as well as some body language tips that’ll instantly boost your confidence.

Thanks so much for checking out this month's newsletter.  Please get in touch if you have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!


In this issue...
Ottawa Resale Buyers Brave the February Freeze 
Members of the Ottawa Real Estate Board sold 853 residential properties in February through the Board’s Multiple Listing Service® system, compared with 868 in February 2014, a decrease of 1.7 per cent.  The five-year average for February sales is 914.

“Even though we had one of the coldest months on record, resales for the month of February are only slightly down from last year,” says President of the Ottawa Real Estate Board, David Oikle.

“Looking at residential properties alone, 13 more properties were sold this February over last February – a 1.9 per cent increase; while the condo market on the other hand, has been a little slower to gain momentum.  That being said, both residential and condo sales are up a total of 226 combined units since January and there are a total of 6,519 residential listings going into March – both telling signs that the spring market is fast approaching.”

February’s sales included 168 in the condominium property class, and 685 in the residential property class.  The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, townhouse, etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares.  The residential property class includes all other residential properties.

The average sale price of residential properties, including condominiums, sold in February in the Ottawa area was $358,206, an increase of 1.3 per cent over February 2014.  The average sale price for a condominium-class property was $267,880, an increase of 3.8 per cent over February 2014.  The average sale price of a residential-class property was $380,358, a decrease of 0.3 per cent over February 2014.

“The hottest segments of our market in February were sales between $300,000 to $400,000, followed by the $200,000 to $300,000 range and $400,000 to $500,000 range,” says Oikle.  “These price ranges continue to have the highest concentration of properties sold while residential two-storey homes and bungalows continue to have the highest concentration of buyers.  In addition to residential and condominium sales, OREB members assisted clients with renting 366 properties since the beginning of the year.”

The Ottawa Cottage and Backyard Show 
Visit the Cottage and Backyard Show for some springtime inspiration!

The Cottage and Backyard Show is where you will find all the latest products and services for buying, building, renovating, and maintaining cottages, country homes, and backyard spaces.

There’s inspiration and information on docks, decks, boats, outdoor furniture, canoes, kayaks and all the latest in backyard and cottage products and services.  This three day event is held at the EY Centre.

April 10 - 12

Preparing Your Home for a Successful Sale 
A properly prepared home will reap huge rewards!

Preparing your home for sale requires some planning but it’s well worth the effort as it’ll help your home sell quickly and for top dollar.  The following points can be implemented quickly and with little or no money:

  1. Curb Appeal - Home buyers form their opinions as soon as they pull up so first class curb appeal is key.  Create the best first impression possible by cutting the grass, tidying the yard, painting or washing the exterior and cleaning all windows.

  2. Clear the Clutter - Too much “stuff” makes your home appear smaller than it really is and most buyers can’t see past other people’s clutter.  Clean out your closets, garage, basement and attic.  Put what you’re keeping in storage and donate the rest.

  3. De-personalize - Buying a home is an emotional experience so it’s important that buyers are able to imagine themselves living in your home.  De-personalize each room by taking down family photos, knick-knacks and anything else that’ll make them feel like they're intruding.

  4. Fix it First - Buyers always inflate repair costs so make sure you take care of repairs ahead of time.  Even small things such as leaky faucets and ripped carpeting make your home appear neglected and a possible money pit in the eyes of buyers.

  5. Peeking Allowed - Buyers will size up each and every room but they'll also be snooping in your cupboards, drawers and closets so make sure they’re organized, de-cluttered and clean.  Hang clothes up neatly, leave open space and clear floor areas.

It’s often the little things that make a huge difference when it comes to creating a winning first impression.  If you want to get top dollar for your property, invest some time and money into fixing and freshening up your home before it hits the market.  It’s an investment that will definitely pay off!

Get Your Home in Shape for Spring 
Homes need regular check-ups in order to stay healthy.

Spring’s right around the corner so it’ll soon be time to identify and correct minor issues so you can avoid unpleasant surprises down the road.  This simple spring checklist will help protect the health of your home:

  1. Roof - Repair missing or cracked shingles.

  2. Outdoor Wiring - Check thoroughly for wear and tear.

  3. Deck/Patio - Check for safety hazards such as loose railings and rotten boards.

  4. Foundation - Inspect interior/exterior walls for cracks and signs of moisture.

  5. Gutters - Clean gutters/downspouts and make sure they direct water away from your home.

  6. Safety - Inspect smoke and carbon monoxide detectors and review your family’s fire plan.

  7. Landscaping - Cut back trees/bushes that touch the house and remove any dead branches.

Home is where the heart is so do your best to keep it healthy.  Regular maintenance of your home and yard will save you time and money in the future and you’ll be much more relaxed come summer knowing you won’t be in for any nasty surprises.

The Body Language of Confidence 
A person's body language usually says more than their words.

Projecting positive body language is a skill that should be mastered by all of us from corporate bigwigs to children on the playground.  Here are a few basic tips that’ll help boost your confidence:

  • use a natural tone, volume and pace when you speak

  • use your hands for gesturing instead of sticking them in your pockets

  • avoid fidgeting as it shows you're disinterested, bored and/or nervous

  • stand up straight in a relaxed posture with your head held high

  • give a strong handshake while looking into the person’s eyes with a relaxed smile

Studies have shown that our poses can actually change our body chemistry.  High power poses where the body is open and relaxed actually increases your confidence levels.  Stand tall and be proud!

PS Are you sick of scouring the paper and MLS sites looking for homes? Tired of playing telephone tag with agents only to hear the home's already sold? Sit back, relax and let me do the work for you! Just visit my website and check off the features you're looking for. Whenever a home matching your criteria hits the market, it'll be automatically flagged and emailed to you so you'll never have to worry about missing your dream home. This service is free and there's no obligation! Click here to get started.

Not meant to solicit clients already under contract.