Thinking of a move!

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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.

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Last year I wrote a series of articles about some of the aspects of getting your home ready for sale

Here are the links

http://teskey.com/category/expert-advice/staging-and-getting-the-house-ready

 

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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.

1969 $25,652 10.0
1970 $26,532 3.4
1971 $27,808 4.8
1972 $30,576 10.0
1973 $38,305 25.3
1974 $46,661 21.8
1975 $49,633 6.4
1976 $54,623 10.1
1977 $57,032 4.4
1978 $59,134 3.7
1979 $61,896 4.7
1980 $62,748 1.4
1981 $64,896 3.4
1982 $71,080 9.5
1983 $86,245 21.3
1984 $102,084 18.4
1985 $107,306 5.1
1986 $111,643 4.0
1987 $119,612 7.1
1988 $128,434 7.4
1989 $137,455 7.0
1990 $141,438 2.9
1991 $143,361 1.4
1992  $143,868 0.4
1993 $148,129 3.0
1994 $147,543 -0.4
1995 $143,193 -2.9
1996 $140,534 -1.9
1997 $143,873 2.4
1998 $143,953 0.1
1999 $149,650 4.0
2000 $159,511 6.6
2001 $175,971 10.3
2002 $200,711 14.1
2003 $218,692 9.0
2004 $235,678 7.8
2005 $244,532 3.8
2006 $255,889 4.7
2007 $272,618 6.4
2008 $290,366 6.6
2009 $303,888 4.9
2010 $327,225 7.7
2011 $343,284 4.9
2012 $351,792 2.3
2013 $357,348 1.6
2014 $361,707 1.2

Enjoy your dreams.

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SALE PENDING : Three bedroom Condo in the Triangle

96 Frank St  – Top floor apartment for sale in exclusive 6 unit condo building with only 2 apartments per floor. Superb location in the Golden Triangle. Walkers and bikers paradise .

Asking 529,000 House tour video: https://vimeo.com/154048181

CALL US FOR A PRIVATE VEIWING:   613.296.6708_MG_1208 _MG_1272

Exceptional space and floor plan , with an open expansive living room and dining room that opens to a large treetop terrace. The main rooms are overlooked by the oversized galley style kitchen. Gleaming hardwood floors and a wood burning fireplace accent the spaces.

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A true 3 bedroom with a fully redone main bath and a 2pc powder room as well as a large Laundry room /Storage and underground parking.

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