Spotlight on the Castle Heights Neighbourhood of Ottawa
Roch St-Georges 5 years ago

The suburbs are not right for you? You prefer spending time with your family and children and listening to their stories rather than the radio host on the way to and from work? Let me help you discover one of Ottawa's best-kept secrets.

The family-oriented neighbourhood of Castle Heights is located just East of Ottawa's Downtown Core. The area offers good size properties on large lots minutes to Downtown Ottawa. The majority of homes in Castle Heights were built in the 1950's and 1960's and inc...
Single Family Homes for Sale in Blackburn Hamlet, Ottawa
Roch St-Georges 5 years ago

This year has been a great year for Ottawa real estate owners. Home prices have increased significantly in most neighbourhoods of our City. Ottawa home price increases have been largely attributed to a shortage of inventory making Ottawa's real estate market competitive amongst home buyers.

The neighbourhood of Blackburn Hamlet which has many single family homes for sale is located just East of Ottawa's downtown core and is surrounded by the Ottawa Greenbelt.

Those who own single family homes...
Ottawa sees Home Prices Increase by 6.6% Year of Year
Roch St-Georges 5 years ago

Ottawa's real estate market has seen a strong year. The average price of a residential-class property in Ottawa has increased by 6.6% year over year. This increase is led by a 7.4% increase in prices of two-storey single-family homes. The graph below shows the price increase since 2005.

If you are contemplating buying or selling a property in Ottawa in the coming months and would like to discuss your plans call Ottawa real estate agent, Roch St-Georges at 613-889-7732.

October 2018 Average Price Increase Across Canada
Roch St-Georges 5 years ago

Ottawa is seeing nice price growth with low inventory and buyers competing for homes and condos Ottawa has seen the average price of properties increase to $449,005 in October of 2018. This is a 5.7% increase over October of 2017 which is in line with the province average shown in the graph below. Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia have all seen their prices increase over October of last year while the provinces of British Columbia, Alberta, Prince Edward Island...

What's the Most Active Price Point in Ottawa?
Roch St-Georges 5 years ago

The Ottawa real estate market is seeing a low inventory of homes and condos. The City has seen good price growth in most urban and suburbans neighbourhoods since January. Although most homes are selling quickly with the average days on market for condos 51 days which is a 13.3% decrease from November of last year. Residential homes are also selling 10.5% quicker than November 2017. The average days on market for residential homes was 44 in November of 2018.

The most active price point continu...
Ottawa, Will LRT Increase Property Value?
Roch St-Georges 5 years ago

Does Ottawa have a subway? Kinda...

...We are soon to have our own Light Rail Train project which is very exciting! Be sure to visit our blog often for more information on Ottawa's real estate market and Ottawa LRT project updates.

When a home or condo is sold on the Ottawa MLS® the seller will be deemed to have recently "market value" for his property if it has spent a reasonable time on the market. A buyer will pay what he or she feels is the true market value of the home or condo.

Now, all...
Ottawa Real Estate Market October 2018 Update
Roch St-Georges 5 years ago

Ottawa is still a hot market and homes continue to sell at a rapid paste in many sought after neighbourhoods. The average days on the market for homes sold with the Ottawa Real Estate Board since the beginning of 2018 is 39 days for residential properties and 51 days on market for condos. This is a decrease of 14% for residential properties and a 24% decline for condos.

Lack of supply seems to be on of the driving force in this active Ottawa real estate market. When compared to 2015 and 2016,...
Agent Login    |   Powered by Onjax Onjax Icon
OR
Roch St-Georges
Already have Account?