Showing posts with label average price of homes in ottawa. Show all posts
Showing posts with label average price of homes in ottawa. Show all posts

Wednesday, November 18, 2009

Home For Sale in Mountain Township, North Dundas, Ontario

Wow, Three bedroom home for sale in Mountain Township, North Dundas, Ontario with commercial Office. Currently rented, show room, Hobby shop backing on to the nation river, Great spot for a home office, or let the tenants help with the expenses. Great location,


Fast possession possible! Call today! 613-889-7732


Listing Price: $169,000 | 3 Bed | 1 Bath | 10588 South Mountain Main St


Home for Sale in Mountain TownshipHome for Sale in Mountain Township


Home for Sale in Mountain TownshipHome for Sale in North Dundas


Directions: County Rd 1 to South Mountain Main street, EXIT sign on property.


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Looking for a home in Ottawa? Want to sell your current home? Looking for Homes for Sale in Ottawa? visit my website at www.rochstgeorges.com


Direct: 613.889.7732 | Office: 613.837.0011


Wondering how much your neighbors sold for? | Beat Other Buyers to Hot New Listings

Waterfront Property in Lefaivre

Great Waterfront property for Sale with access to the Ottawa river, this cozy "doll house" is great for all four seasons. New tin roof, newly renovated bath, detached garage has running water. Hardwood floors in the open concept interior. A deck faces the river off the living room for your enjoyment. Come fall in love with this waterfront home for sale in Lefaivre, Alfred and Plantagenet Township, Ontario.


Call today! 613-889-7732


Listing Price: $175,000 | 2 Bed | 1 Bath | 1911 Lajoie St


Home for Sale Alfred & PlantagenetHome for Sale Lefaivre


Home for Sale LefaivreHome for Sale Lefaivre


Directions: HWY 174 past Alfred, turn left on county rd 15 towards lefaivre, turn east on lajoie, house on left.

Tuesday, November 10, 2009

Should you buy a single family home or town house as an investment in Avalon?


Are you debating buying a new construction home but can’t seem to be able to choose between a single family home and town house? Although there is many factors to take in consideration when buying a home I will basically go over the investment view on this subject to find out which style of will get you the biggest bang for your buck once you sell. All this data was taken from the Avalon neighbourhood located in Orleans, (Ottawa), Ontario.


I’ve compared prices of homes that sold this year with the price the home was originally purchased from the builders to find the average increase per year.


On average single family homes in the Avalon neighbourhood of Orleans (Ottawa) increased 15.5% on average over the years. On the other hand town homes (row units) in that same neighbourhood of Avalon increase 9.06% on average.


This being said it single family homes in Avalon increased in value quicker than town houses (row units) in that same neighbourhood.


Please note that this research is not scientific and many factors affect home prices and their increase through time. When buying for investment purposes make sure to analyse all factors.


Should you have any questions or would like to sale you current home in the Avalon neighbourhood of Orleans, (Ottawa), Ontario please give me a call at 613-889-7732


Avalon, Orleans, OntarioHome for Sale in Orleans, Avalon




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Looking for a home in Ottawa? Want to sell your current home? Visit my Ottawa Real Estate website at www.rochstgeorges.com


Direct: 613.889.7732 | Office: 613.837.0011


Wondering how much your neighbors sold for? | Beat Other Buyers to Hot New Listings


Wednesday, November 4, 2009

Ottawa MLS Stats for October 2009

Here are Ottawa MLS Stats published by OREB for the month of October 2009.

Members of the Ottawa Real Estate Board sold 1,202 residential properties in October through the Board’s Multiple Listing Service® system compared with 964 in October 2008, an increase of 24.7 per cent.

Of those sales, 270 were in the condominium property class, while 932 were 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.

“Once again we saw record-setting sales numbers for the month of October. This brings our sales year-to-date to four percentage points higher than the same period last year. Ottawa’s resale market has been buoyed by buyers taking advantage of low interest rates,” said Board President Rick Snell. “Listing inventory remains at a low level, and combined with brisk sales, indicates that we are still in a strong sellers’ market here in the capital,” he added.

The average sale price of residential properties, including condominiums, sold in October in the Ottawa area MLS was $318,655, an increase of 13.6 per cent over October 2008. The average sale price for a condominium-class property was $232,046, an increase of 14.6 per cent over October 2008. The average sale price of a residential-class property was $343,745, an increase of 13.3 per cent over October 2008. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold on the Ottawa MLS.

The Ottawa Real Estate Board MLS is an industry association of 2,540 sales representatives and brokers in the Ottawa area. Members of the Board are also members of the Canadian Real Estate Association and thus are entitled to use the term REALTOR®. The MLS® system is a member based service, paid for by the REALTOR® members of the Ottawa Real Estate Board. The MLS® mark symbolizes the cooperation among REALTORS® to effect the purchase and sale of real estate through real estate services provided by REALTORS®. MLS® commercial and residential listings are available for viewing on the Board’s internet site at www.OttawaRealEstate.org and on the national websites of The Canadian Real Estate Association at www.REALTOR.ca and www.ICX.ca. Information about listings and open houses is also available in the Board’s weekly newspaper, Ottawa Real Estate Guide, available free at 700 locations across the Ottawa area MLS.