Archives for Real Estate Information

Your Annual Home Maintenance Schedule

Following an annual maintenance schedule is an essential step in protecting the value of what will probably be the largest investment of your life – your home.  First time home owners, or those lacking experience may struggle with this task and overlook important elements.  Here are some guidelines to help you create a maintenance program that suits your needs. Benefits of Home Maintenance Regular preventive maintenance identifies minor repairs before they become expensive, major repairs.  It also preserves your home’s market value.  One study found that “greater than $5 return for every $1 spent on preventive maintenance is not unusual”. 
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CMHC announces new rules to make it easier for homeowners to rent out property

In this Financial Post article, Garry Marr discusses the impact of upcoming changes from Canada Mortgage and Housing Corp (CMHC) that will permit homeowners to count 100% of the income from their secondary units when qualifying for a loan.  Currently, homeowners with legal units can only count 50% of the income from legal rentals.  By making it easier to borrow money, Marr suggests CMHC will be bringing more people into the market, and that is expected to boost affordable housing, especially in hot markets like Vancouver where secondary units make up almost 20% of the city’s rental stock.  To read
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Should you let children choose their bedroom paint colours?

Should you let children choose their bedroom paint colours? In this Canadian Living post, Brett Walther suggests a way to let your child participate when deciding what colour(s) to paint their room while also avoiding a choice that is unacceptable to you, or one that they will want to change next week.  The key is to guide their choice by presenting a few options that appeal to them while also meeting your own criteria.  To read more click here.   Source: Blog
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Ottawa Real Estate Market Update: Summer report!

The latest statistics from the Ottawa Real Estate Board have been released.  The information below includes market highlights from July 2015 stats and include all of  Ottawa and the surrounding area. Are you curious about a specific neighbourhood or property?  Please Contact Us – we’d love to hear from you! Typical summer resale market in Ottawa (information from the Ottawa Real Estate Board ) Members of the Ottawa Real Estate Board sold 1,436 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,440 in July 2014, a decrease of 0.3 per cent. The five-year average for July
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Royal LePage Team Realty in the Ottawa community: Helping provide seniors at St Patrick's Home with gardening supplies for Horticultural Therapy

Royal LePage Team Realty in the community:  We were so happy to be able to help fund this great project at St Patrick’s Home in Ottawa with for their new Horticultural Therapy program.      // We’re so honoured to be a part of this success story! Congrats to St. Patrick’s Home of Ottawa Foundation – on launching… Posted by Royal LePage Team Realty on Monday, 27 July 2015     Background Story – What is Horticultural Therapy? Horticultural Therapy is a process in which working with plants and active participation in gardening activities are used to improve the body, mind and
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Royal LePage Receives the Consumer's Choice Award…18 years & Counting

Royal LePage is once again the proud recipient of the Consumer’s Choice Gold Award as Top Real Estate Brand in Ottawa for 2014.  A big THANK YOU for supporting Royal LePage Team Realty in the Ottawa Real Estate Community, we couldn’t have made this list for the last 18 years without your support.
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Busy Spring Real Estate Market in Ottawa Continues in June 2015

Curious about what’s going on in the Ottawa Real Estate Market?   Below are some highlights of our June market.  Curious about a certain area?  Please contact us and/or one of our Sales Representatives  for details, we have up to date statistics on all Ottawa neighbourhoods.     Ottawa Real Estate Market Update:  The busy spring real estate market in Ottawa continues in June 2015 – from the Ottawa Real Estate Board  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
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Royal LePage Shelter Foundation named national partner in Sheltersafe.ca

            We are pleased to announce another step forward in our efforts to help abused women and their children find help. The Royal LePage Shelter Foundation has been named a national partner in Sheltersafe.ca — a new online resource managed by the Canadian Network of Women’s Shelters and Transition Houses — along with RBC Foundation. Any time of day or night through Sheltersafe.ca, women can find help close to home. Sheltersafe.ca provides a single point of information for women seeking safety by quickly identifying a shelter in a specific geographic area. The map provides 24-hour emergency telephone numbers, while protecting
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Electronic Signatures in Real Estate coming July 1st!

  Real Estate News: Effective July 1st, 2015 real estate consumers in Ontario will be able to use electronic signatures on agreements of purchase and sale! OREA (Ontario Real Estate Association) has promoted the fact that electronic signatures on agreements of purchase and sale will help improve transaction efficiency by reducing the time required to complete a deal.  In doing so, e-signatures will help improve the consumer’s experience while saving REALTORS® time. OREA  (Ontario Real Estate Association) will be participating in an official government announcement towards the end of the month.    
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Royal LePage Team Realty named one of the TOP 60 Real Estate Brokerages in Canada

WOW! We are so honoured that we made REP Magazine’s (Real Estate Professional) list of the Top 60 Real Estate Brokerages in Canada! “These Brokerages are more than high transaction, high-volume players – they are also leaders in innovation for clients and agents, and in their communities.” -REP MAG page 25             At Royal LePage Team Realty we work to provide the best real estate training and technology for our Sales Representatives.  Our Sales Representatives provide outstanding real estate services to their clients.  We love Ottawa and our communities and we truly believe in giving
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