Ottawa Real Estate News from Ron DeCaen July 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)
www.OttawaListings.com


 
Moving to a new home is an exciting life change but it can also be extremely stressful.  This month’s first article outlines some strategies that'll help things go smoothly.

There’s also some important advice on how to prevent a clothes dryer fire as well as a few apps that’ll come in handy if you’re planning on renovating or decorating your home.

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!

Ron

In this issue...
Busy Ottawa Spring Market Continues in June 
Members of the Ottawa Real Estate Board sold 1,694 residential properties in June through the Board’s Multiple Listing Service® system, compared with 1,657 in June 2014, an increase of 2.2 per cent.  The five-year average for June sales is 1,664.

“The Ottawa market is performing very well month-over-month and year-to-date compared to last year,” says David Oikle, President of the Ottawa Real Estate Board.

“Year-to-date sales for the first half of 2015 are up 4.9 per cent over the first half of 2014, and average sale price continues to be steady for the first half of the year.”
 
June’s sales included 274 in the condominium property class, and 1,420 in the residential property class.  The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked 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.
 
“Inventory levels at the end of the month remain healthy and on par with May levels, with average cumulative days on market keeping steady at 74 days,” says Oikle.  “Properties continue to move consistently, and we look forward to this continuing into the second half of the year.”
 
The average sale price of a residential-class property sold in June in the Ottawa area was $404,254, an increase of 4.1 per cent over June 2014.  The average sale price for a condominium-class property was $271,415, an increase of 5.1 per cent over June 2014.

“The number of residential units sold in June increased in every price range from $350,000 and above, and the $300,000 to $400,000 price range continues to have the highest concentration of properties sold,” states Oikle.  “In addition to residential and condominium sales, OREB members assisted clients with renting 330 properties in June; 1,485 since the beginning of the year.”

Ottawa GreekFest 
Mark your calendars for one of Ottawa’s longest running cultural festivals!

This exciting 11 day event takes place from August 13th - August 23rd at 1315 Prince of Wales Drive, between Baseline Road and Meadowlands Drive.

Ottawa GreekFest features live Greek music and traditional dances, delicious Greek food, traditional dance lessons, craft and cultural exhibits, souvenirs, raffle and a variety of children’s activities.

Come out and enjoy this fantastic event that offers an endless amount of fun for the entire family.  Hope to see you there -- OPA!

How to Organize a Smooth Move 
It's important to be organized when moving to a new home.

Moving can be stressful so planning is key.  The more organized you are, the less stress you'll endure and the more fun you’ll enjoy!

Start off by packing non-essential items like pictures and books.  This is the perfect time to ruthlessly purge your “stuff” and either donate or sell items you no longer need.  Here are a few packing tips for the rest of your things:

  • unscrew light bulbs from lamps
  • water plants the day before the move
  • take a photo of how your electronics are connected
  • lay towels between pictures before bundling them up
  • label the sides of boxes so you can read them when they’re stacked

Pack and label a box of essential items (sheets, towels, toilet paper, coffee, dish cloths, garbage bags, etc.) to see you through the first few days in your new home and get your kids to add a few stuffed toys and books.  You’ll also want to:

  • disconnect and reconnect utilities
  • submit your change of address to the post office
  • ensure your insurance policy covers you during the move
  • reserve the service elevator if you’re moving to a condo
  • transport small valuables and other personal items/documents yourself

The best way to ensure a smooth move is to write out a plan of action so make a checklist and timeline that clearly states what needs to be done.  If you follow these tips, you’ll have fond memories of the last day in your old home – just don’t forget to take one last family photo before you leave.

Your Home’s Hidden Fire Hazard 
Dryers are responsible for over 15,000 fires each year.

Few people are aware of the danger that clothes dryers can pose which is one of the reasons that dryer maintenance is so often overlooked.

Fires can occur when lint (a highly combustible material) builds up in the dryer or more commonly, in the dryer’s exhaust duct.  This blockage causes excessive heat to build-up in the dryer.

Some warning signs that your dryer vent may be blocked are excessive heat in the laundry room, a musty smell, clothes that are still damp after a cycle and large amounts of lint and debris.  If you notice any of these signs, it’s important that you take steps to clear your vent right away.

You’ll first want to unplug your dryer and then pull it out from the wall.  Next, disconnect the exhaust hose and remove the lint with a brush or vacuum.  If you don’t feel comfortable doing it yourself or if the vent isn’t accessible then have your dryer inspected and cleaned by a qualified service technician.

Properly maintaining your clothes dryer is more important than most people think.  If you regularly clean out your dryer’s exhaust vent, you’ll not only significantly reduce a common fire hazard but you’ll also save money as your dryer will last longer and run much more efficiently.

Handy Home Help 
The first tool you need to pick up is your smartphone!

Inspiration is often the first thing you need before tackling a home improvement project.  Here are a few smartphone apps to help you on your journey:

  1. Houzz - This home design website/app has everything you need for your next remodeling or decorating project.

  2. Eden Garden Designer - Allows you to customize your own garden and test out different designs before you start digging.

  3. Behr ColorSmart - This app makes it easy to pick the perfect shade of paint and also includes a paint calculator so you can figure out exactly how many gallons of paint you’ll need.

Smartphone apps definitely help make the entire redecorating and renovation process easier and much more fun.  From simple tasks like measuring spaces to full on renovation advice, the app stores have do-it-yourselfers covered!



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.