Ottawa Real Estate News from Ron DeCaen February 2017   
  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


 
It's always good to be aware of the latest home and garden trends, especially if you're looking for ways to make your home more appealing to buyers.  This month's article highlights a few of the latest trends.

There are also some tips on how to clear up your digital clutter as well as a few ideas on how to naturally clean your home using lemons.

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...
The Ottawa Real Estate Market Report 
The Ottawa real estate market is off to a strong start!

Members of the Ottawa Real Estate Board sold 667 residential properties in January through the Board’s Multiple Listing Service® system, compared with 598 in January 2016, an increase of 11.5 per cent.  The five-year average for January sales is 614.

“The year is off to a great start, with sales up over this time last year, and well above the five-year average,” remarks Rick Eisert, President of the Ottawa Real Estate Board.

“Residential-class resales supported this increase, with a 16.6 per cent growth over January 2016.  The number of properties listed in January has doubled the amount listed in December, which is very typical of sellers getting a jump start on the spring selling season.”
 
January’s sales included 119 in the condominium property class, and 548 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.
 
“While the numbers indicate a positive trend for Ottawa as a whole, we emphasize that all real estate is local, and prices and conditions will vary from neighbourhood to neighbourhood,” explains Eisert.  “We encourage buyers and sellers to talk to a REALTOR® for more information about the housing market outlook where they live, or want to live.”
 
The average sale price of a residential-class property sold in January in the Ottawa area was $394,001, an increase of 1.9 per cent over January 2016.  The average sale price for a condominium-class property was $288,655, an increase of 16.8 per cent over January 2016.
 
“The average sale price for the condominium class saw a big increase over last year,” Eisert says.  “It’s important to note that three properties sold for over $1 million this January, while none were sold in January 2016.  This needs to be taken into consideration when looking at the overall increase in average condo sale price.”
 
“In the residential market the most active price point was the $300,000 to $399,999 range for the month of January, accounting for 35.2 per cent of the market.  The condominium market was most active in the $150,000 to $249,999 price range, accounting for 58.7 per cent of the market,” says Eisert.  “In addition to residential and condominium sales, OREB members assisted clients with renting 201 properties in January.”

The Ottawa Home and Garden Show 
Get inspired with some great ideas that will transform your home!

It’s that time of year again when we find out what's hot in home renovation, decoration, landscaping and outdoor living.

The Ottawa Home and Garden Show will be held from March 23rd - 26th at the EY Centre which is located at 4899 Uplands Drive.

Get a head start on spring and meet the professional designers, staging experts and local suppliers that will point you in the right direction this design season.

You’ll find lots of fresh inspiration, helpful tips, innovative products and fantastic deals.  There is a cost for the show but if you purchase your tickets online, you’ll save a little on admission prices.  Hope to see you there!

Hot Home Trends for 2017 
The new year is a great time to update your living space!

It’s fun to follow the latest home and garden trends, especially if you're hoping to make your home more attractive to buyers.  Here are a few of the latest trends to look out for:

  1. Shedquarters - A “shedquarter” is a private, backyard spot that can be used as an office, artist workspace or party area.

  2. Docking Stations - Small, pull down desks can be added almost anywhere as wireless technology enables us to shift away from traditional home offices.

  3. Vintage Vanities - Putting your bathroom sink on just about anything is huge this year!  Old dressers, filing cabinets and even tree trunks can be converted into unique vanities.

  4. Laundry Love - Homeowners are giving their laundry rooms some serious love with innovative storage solutions, bright lighting and even stylish wallpaper!

  5. Foodscaping - Instead of traditional vegetable patches, backyards are now being transformed into edible landscapes that include vegetables, berries, fruits and herbs.

  6. Smart Windows - Cutting edge window technology now allows our windows to be programmed according to the weather outside as well as the air quality inside.

Just like fashion, home trends can come and go so it’s important not to overcommit.  Hopefully these ideas have given you some inspiration as to what’s coming next, whether you’re thinking of selling or just simply looking to update your home.

Clean Up Your Digital Clutter 
Get a jump on spring cleaning by clearing out your digital clutter.

Paper files are often the first items we purge during a spring clean but many times we neglect our digital files.  Kick off your spring clean this year with a deep, digital cleanse:

  1. Get a Pass - Use a password manager to encrypt one master password that can be used on all websites.

  2. Address Your Apps - Uninstall apps you no longer use to clear up space and keep your phone running smoothly.

  3. Manage Mail - Unsubscribe from emails you no longer read and delete old emails or organize them into folders.

  4. Clear Cache - Regularly clear your browser history, cache and cookies in order to create more storage and speed up your browser.

  5. Back it Up - Make sure all of your important files and photos are automatically backed up to the cloud to increase storage space.

This digital cleanse applies to your computer, smartphone and all your social media accounts.  While you’re at it, you should also review your privacy settings on apps and social media platforms to make sure you’re sharing information with the right audiences.

The Power of Lemon Aid 
The lowly lemon can make quite the impact around the house!

Load up on lemons if you're searching for a powerful, environmentally friendly cleaner that can tackle virtually any household chore!  Here are just a few ways they can make your home naturally sparkle:

  • lemon juice is great at absorbing stains on countertops

  • soak carpet stains for 20 minutes then rinse and blot

  • mix lemon juice with baking soda to create a scouring paste

  • heat a bowl of water with sliced lemons in the microwave for a few minutes before wiping it down

Lemons are an excellent alternative to toxic cleansers plus they'll fill your home with a refreshing citrus scent!  A great tip for squeezing as much juice as possible from your lemons is to microwave them for 30 seconds, wait a minute, then cut and squeeze.



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.

Not meant to solicit clients already under contract.