Category Archives: real estate

Why maintain my house if a developer is just going to tear it down anyway?

There is a common misperception out there that if you own an older home in one of the hotter parts of town where there is a lot of development going on , and put it up for sale, it will … Continue reading

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Predictions for the post-COVID-19 housing market! #Ottawa

It is not easy to predict the future; it’s always a lot easier to predict the past. But here are my thoughts about what is going to happen to the Ottawa real estate market, post-COVID. I thought it was worth … Continue reading

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COVID-19 Q and A: Should I take a low offer now or wait this out?

I got this question from “Frank” on the blog and thought it was worth answering: “If you were a seller who already purchased a home in this market 90 days out, would you recommend waiting until mid-April to re-list, accept … Continue reading

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COVID-19: Q and As – will my condo price drop?

A Twitter pal asks: “my condo went up in value in recent years. Will I lose all those gains because of COVID-19?” I don’t have a crystal ball, so all I can do is give you my best guess for … Continue reading

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How does LRT affect property values?

A Twitter pal asks: “How much do you think proximity to LRT stations will affect prices in the short and long terms?” Great question! The answer depends on the proximity of the property to the new station during and after … Continue reading

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Ask Peggy: “Are skyrocketing Ottawa housing prices expected to balance out or come down?”

Allan asks: “Are skyrocketing housing prices in Ottawa expected to balance out or come down? How long would it take for a trend like that to be felt?” To answer that question, it’s important to understand the reason behind the … Continue reading

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Lowball offers — good idea or way to lose a deal?

We’re in a slow market in Ottawa; prices are  down, it’s taking longer to sell properties. In a hot market, you don’t see a lot of lowball offers but in a market like this, buyers sometimes come in with a lowball … Continue reading

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