As a home owner it is always after a snow storm I ask myself why I would be here in the winter! Why do I live in a home with rooms I visit occasionally! I also always seem to find that in the winter months that there appears to be so much more junk in my home. Where does it all come from! Winter blues? Maybe! However, as part of the baby boom generation I spend a lot of time with clients of my generation and most at some point ask themselves the same questions . Sitting on large homes that are usually your largest tax free asset may not make sense.
Ottawa’s housing market has been on a terrific run, helped by low interest rates, low supply of good homes l have pushed up home values. This may be a good time as any for the downsizing baby boomers to look to add to their nest egg by cashing out on the real estate market. Financial advisers say the decision to sell the family home isn’t one that can be rushed and requires careful planning before you list your home for sale
As experienced real estate agents we can certainly do that . In some cases planning can take months , others mere weeks but hiring an agent who is skilled at helping you through the process of getting a home ready is hugely important not only in obtaining the price you desire but in the minimalizing the stress sometimes around getting a home ready for sale. We focus in on the important items and provide guidance.
Last year I wrote a series of articles about some of the aspects of getting your home ready for sale
Here are the links
Below are the average sale prices in Ottawa since 1969 – It has been an amazing run – some years better than others but a steady good news story for most home owners. An 18 year run of increase prices sometimes in the double digits.
Last year 2015 saw another 1.7 increase in the average sale to bring the average house sale price in Ottawa to $367,632. 00
Of course many of the core areas are more in demand than the suburbs and the average prices are much, much higher. Regardless a property needs to be priced correctly for what the market will bear and there are times in the last few years that the market has turned sluggish for sometimes 6 months. So that planning and keeping up to date on the market is an important aspect for the sale of your home.
Enjoy your dreams.