PRICED TO SELL - Gorgeous 2Storey Loft Style Home

PRICED TO SELL at $274,900 - This stunning loft style 2 storey home sits nestled on a huge lot only 30 mins from downtown Ottawa, and mins from Kanata.

Neighbourhood features:
- Family Oriented
- Park Across the Street from home
- Natural Gas available at road
- High Speed Internet Available
- 30 mins from Downtown Ottawa.
- 5 mins from shopping
- good mix of homes in the area(no cookie cutters here!)
- Close to Constance Bay

Home Features:
- Forced Air Oil Heat
- Central Air Conditioning
- Fresh Paint Job
- Updated Flooring
- Over 25k spent in the last 2 years in improvements

Main Level:
- 2 storey living space flooded with natural light
- Powder room
- Large bright updated kitchen with lots of counter space
- Inside access to garage
- Exit out to rear deck
- Upgraded laminate throughout

Upper Level:
- Plush carpeting for added comfort
- 2 large bedrooms
- 2 full bathroms(one ensuite)
- Laundry room
- Great loft area perfect for office or family room.

Lower Level:
- Laminate flooring with Dry core underbelly
- 3rd bedroom
- Yet another living space!
- Storage area
- Utility room

With all this home has to offer, it is sure to go quickly. Call now to book your private showing. View More Images Below.

Market Outlook for 2012 is looking good!

I just finished up at a 2012 Mortgage Outlook with CMHC today. There were a lot of great things said. Mainly that Ottawa's housing market is in great shape to be living right now and for the future! I know there was recent press about that and may have you believing otherwise, but here are a few notes that I took in from todays meeting that could change your mind.

- Ottawa is currently in a strong balanced market, and prices expected to RISE with rate of inflation.
A 2.7% increase in home prices over the year is projected.

- Ottawa is definitely more stable as compared to other markets in Canada. So don't believe everything you see on TV

- Average employment by the government in 2002-08 was approx 95k, while average in 2008-12 was just shy of 120k.

- The government cuts that we are hearing of now represent approximately 1.5% job loss. That isn't as large of an
impact as most are thinking or hearing about.

- Other job sectors are still growing.

- Ottawa is at the top of the employment rate at 84.9%(ages 25-45) second only to Kitchener.

- Ottawa has grown approx. 47% in terms of income over the last 11 years and Ottawa has the highest weekly salaries anywhere in canada at just over $1000.

- Mortgage rates are still historically low, there is no better time to be buying! I've heard a recent deal was 3.89% for 10 year fixed!!! That's insane.

- Average of approx. 6000 immigrants per year are coming to Ottawa. 50% are economic immigrants meaning that they have degrees and support job growth. This combined with other factors translate to approx 5800 new houses a year required here in Ottawa.

- New homes are sitting at about 24% higher pricing then resale homes.

I think all this information I gathered says it all. The Ottawa housing market is fantastic. Rates are lower than most of us will see in our lifetimes. Prices aren't going down like some people may be telling you. There's not many times like this to be buying and selling homes.

Keep Your Chin Up And Your Costs Down.

So it's spring time, you're out hunting for a new dream home and finally find something perfect! It's got the hardwood you wanted, the granite counters, huge ensuite bathroom, and looks move in ready. Looks, is the key word. Unfortunately while you were bedazzled by the decorations in the home, you missed some key indications of the home. Now the inspector you just paid $500 for is telling you there are some water issues. Could be a busted toilet, curling roof shingles, and worse maybe some structural issues. Would have been good information earlier no? That's why I always keep my chin up when showing homes. You keep your eyes on what matters to you, while I keep mine up to ensure you get everything problem free.

Ceilings can come in many different materials these days but each kind should be looked at closely to notice different possible issues. The first being water problems. It's important not only to repair the damage, but find the root of the problem and have it dealt with asap. There are various types of staining and you should know the difference in them.

Mold is a big threat when moisture remains in the ceiling and the space above it. It doesn't take long for mold to begin growing, so making moves quickly and getting everything dry as possible is the best way to go. Not only a health hazard, mold can cause structural damage to the home if left to grow. Mold removal should be done by a professional and be able to warrant their work.

Minor ceiling cracks are not uncommon and usually is just the home settling. Even older homes can continue to settle for decades. Minor cracks can be repaired easily. I got all contacts no matter what the material. Major cracking can be due to structural issues and should be assessed by a professional before repair or replacement.

Paying attention to the ceiling can really pay off by getting the small problems before they can become big ones. I've been on hundreds of home inspection and I know what to look for so you aren't going in blind. Give me a call or shoot me an email now to help you find your next dream home!

MARKET WATCH - FEB 2012

According to statistics released by the Canadian Real Estate Association (CREA), sales activity rose in more than half of all local markets, including some of Canada’s most active cities.

The momentum in sales activity provides clear evidence that low interest rates continue to draw homebuyers to the housing market. While buyers have become increasingly cautious, the hand off for sales activity going into the new year suggests that the Canada’s housing market will continue to benefit from low interest rates in 2012, and continue making a significant contribution to Canadian economic activity. However, prospects among housing markets and neighbourhoods differ, so buyers and sellers of the Ottawa area, feel free to contact me to see just how well we are doing here in Ottawa, or more specifically your neighbourhood.

Successful Staging of Your Home

Be it on Television, Online, or in a magazine, you have probably by now heard of staging. It's clear that staging your home can give you a competitive advantage when selling your home, but most people still aren't too sure exactly what that means or what it involves.

Staging is organizing and decorating your home so that potential buyers can visualize themselves living there. One doesn't need to spend a fortune to stage their home, the key is to figure out your homes best attributes, and highlight them while having few distractions.

Once spring time hits, the market will begin to get flooded with homes hitting the market, staging your home could give it the competitive advantage you need to blow away the competition, here are a few tips to help you get started.

DE-CLUTTER- buy some storage bins and start packing away all those little trinkets passed down from grandma. Store away all your jewelry and other small items. Take special care in the bathrooms and kitchen and put away as much as you can, clearing all items from the counter tops.

TAKE OUT PERSONAL ITEMS- No one cares what your kid got on their last test, nor do they want to see your Christmas cards or pics from your vacation. All of these things will only distract buyers from the great features of your home.

LIGHT AND WARMTH- Make your home welcoming and warm by having it bright. Open those curtains to let the sun flood in. If it is winter, turn up the heat. If it is summer, get that A/C working.

FURNITURE- Make sure your furiture helps show the size of yourrooms. Avoid having excessively large pieces, or too many pieces that take up too much space. Also, that old lazy boy that is formed just perfectly to you, has got to go, sorry.

NEUTRAL COLOURS- Ok so you love the Green Bay Packers, this doesn't mean that everyone is going to love your green and yellow man cave. Stick with neutral colours throughout the home.

QUICK FIXES- Little things add up in a buyers mind. Look for all the small things that could be easily fixed, and deal with the issues.

CLEAN- Should be a no brainer here but you'd be suprised how many homes I see that are not clean. I have lots of great cleaning crews that can do a fantastic job for you so that you can't cut any corners and can focus on more important things.

FINAL TOUCHES- Some flowers for the table, candles on the mantle, throw pillows for the couches and beds. All sorts of little things to splash a bit of colour will do wonders on a lasting impression. I have a great design team that can help you with that as well.

The time of year is coming, homes will be sold for top dollar and in short time periods. Give me a shout to allow me to help your homes be one of them so we can get you into your dream home that much quicker! amiller@kwottawa.ca

Freezing Pipes in the winter

2011 and guess what? It's still freezing cold! Get used to it people this is Canada, and here in Ottawa we get colder than most. I figured today is a better day than most to talk about this topic since it is minus 21 degrees out right now. Most of us have heard about pipes freezing over in the winter and causing many issues for the home owner. No one really thinks of home maintenance during the winter. I get it. Its cold out, nice and toasty in your home and all you can think of is curling up and watching tv. Well unless you're hoping for an indoor pool, don't forget about your plumbing. Here's some things to consider.

FIRST THINGS FIRST - if you don't already know where your water main shut off is, please figure that out, and while your there, put a big tag on it so that everyone else in your home knows where it is too. Got babysitters? Then let them know too. This way, if something does go wrong and water is pouring out of the bottom of your sink you know how to stop it from doing more damage.

WHEN THE GOING GETS COLD, THEM PIPES MAY BURST - Alright so your not a scientist, here's how it works; you leave to go down to Florida in January to escape this awful cold weather, turn the heat down in your home to save costs, gets to -30, the water in the pipes freeze, frozen water expands and BOOM!!!! the pipes burst. So here's what you do before you go away,

• This one should be obvious but, DON'T TURN OFF YOUR HEAT! Turn it down but not off so that the temperature remains high enough to avoid freezing levels.
• Open the cupboard doors underneath the sinks to allow the warm air in the home to circulate into the cupboard and keep the pipes warm
• Turn on your faucets to a very slow drip to keep the water in the pipes moving.
• If you come home and come across a frozen pipe, you can usually unthaw them with a hair dryer.

DO IT YOURSELF........Perhaps. - If you run into a plumbing issue and you think you know what the problem is, maybe you can tackle that problem yourself. OR maybe not. Most plumbers out there make most of their money fixing botched up plumbing jobs from people that "thought" they knew what they were doing. Save yourself the hassle and just call in the pros. ( I know some great plumbers just ask)

So hopefully this helps and you can go away on your vacay and relax not worrying about how big of an indoor swimming pool may be awaiting you when you walk in the door.

Take care of your home, and it will take care of you.

Give me a shout if you have any real estate questions, or if you or anyone you know happens to need a hand in buying or selling a home. amiller@kwottawa.ca

10 TIPS TO HOME OWNERSHIP

Owning a home is a fantastic thing, yet sometimes a great responsibility that gets over looked. To assist you, here are 10 things to try to keep in mind during your home ownership.

1. Take good care of your home
-as a rule try to budget 1 to 3% of your home’s value for maintenance and repairs each year.

2. Build your homes equity
- By Making an extra principal payment here and there when possible, one can decrease the interest paid over the life of the loan.

3. Your home should have a good first impression
- By Keeping your front entrance clear and welcoming you will increase the curb appeal of your home which improves your homes value.

4. Be properly insured
- In most cases you only need to insure the replacement value of your home and personal property, not the land.

5. Love your neighborhood--not just your home
- If you’re not happy with your current neighborhood, start thinking of where you would be happier and let's get planning to get you there.

6. Make improvements
- Statistics show that updated kitchens and baths are the number 1 key selling features in most homes, so spend your dollars there first.

7. Safety is a must
- Install not only smoke detectors but with most homes now having natural gas furnaces it is also important to install carbon monoxide detectors to ensure the security of your family.

8. Go green and improve your monthly costs.
- More and more these days, buyers are looking for more energy effecient homes. Improvements in the insulation of windows, doors, and storm doors can save energy costs and increase your home’s resale value.

9. Stick to Neutral Colours
- If you’re thinking of moving in a year or so, choose light, neutral paint colors, what looks great to you does not always look appealing to all.

10. Know when it's time to move
- Over time people often outgrow a house or neighborhood. If you’re thinking of making a change, please call or email to discuss the next steps.

Market finally settling down

Home sales activity in Canada came up short of the record for the month of April and new listings continued to climb, according to statistics released by The Canadian Real Estate Association (CREA).

“Many of the sales that would normally have occurred in May were pulled back to April, due to buyers trying to avoid the May 1st transitional implementation date for the HST, as well as new mortgage regulations that came into effect April 19th,” said Ottawa Real Estate Board President Pierre de Varennes. “Buyers knew they would be paying 8% more for all of the service costs associated with a real estate transaction if their closing date was after July 1st, and that it might be more difficult to qualify for financing, so they moved quickly to avoid either situation. In addition, by comparison May 2009 was a record-breaking month as the floodgates opened on pent-up demand following the brief downturn in the market,” he added.

In general the Canadian real estate market is moving towards a balanced market where inventory is increasing well to meet demand. Buyers, sellers and REALTORS® can all relax and enter a sales transaction without pressure.

The easing trend in national sales activity masks a rising trend in a number of major markets. Real estate is local, so buyers and sellers should engage the services of a REALTOR® for knowledge about housing market trends in their market. For sellers, getting specific advice about home values in their local neighbourhood is crucial in a competitive market.

So looks like we are heading back to more of a buyers market in the coming months. Here in Ottawa prices will begin to level off to where they really should be. Those that have waited will have more choices and buying power. If you or anyone that you know could use my expertise, please feel free to contact me directly at amiller@kwottawa.ca or 613-447-7669.

HOTTEST APRIL EVER!!!

Members of the Ottawa Real Estate Board sold 1,841 residential properties in April through the Board's Multiple Listing Service® system compared with 1,591 in April 2009, an increase of 15.7 per cent. Of those sales, 425 were in the condominium property class, while 1,416 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. "Last month's sales blew away the record for April, which is always one of the busiest months of the year for our market," said Board President Pierre de Varennes. "The increased sales activity may be partially due to buyers trying to avoid the impending HST and the mortgage changes that came into effect on April 19, but also demonstrates that consumers feel confident about our local economy," he added.

The average sale price of residential properties, including condominiums, sold in April in the Ottawa area was $332,979, an increase of 11.6 per cent over April 2009. The average sale price for a condominium-class property was $254,220, an increase of 17.4 per cent over April 2009. The average sale price of a residential-class property was $356,617, an increase of 11.7 per cent over April 2009.

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.

"information provided by the Ottawa Real Estate Board."

Picking your Neighbourhood

Choosing your neighborhood

For many people, choosing a neighborhood is the most difficult part of the decision to buy a home. This is true even if already own a home and are trying to decide where to live next.
When you tackle the “location, location, location” question, it’s smart to prioritize various neighborhood features, then start looking for homes in areas that match most of your criteria. Here are some things to consider:

Transportation
Check the length of your commute to work from your neighborhoods of choice. Do streets get clogged at rush hour? Is mass transit within walking distance? In a consumer study, 79 percent of respondents said that a top priority in deciding where to live is having a commute time under 45 minutes. Seventy-five percent also wanted easy access to highways.

What’s close by
Research nearby schools, restaurants, places of worship and parks. Seventy-two percent of survey respondents ranked sidewalks and places to walk as a top priority when considering where to live.

Costs
In addition to the costs of mortgage, insurance and home maintenance, consider local property taxes and homeowner association fees, if applicable. If homes in your preferred neighborhoods are out of your price range, consider condominiums.

Future
Try to imagine what the neighborhood will look like in 10 years. Will you still want to live there, or do you expect to move before then? Will it be desirable to future buyers?
Before committing to the neighborhood, visit it at different times of day and night and talk to as many local residents as possible.

Once you’ve prioritized all your neighborhood amenities and features, you’ll find it’s much easier to focus your home search. Remember, the neighborhood is usually as important to the value of a home as what’s under its roof.

New Listing! In Barrhaven

This trendy urban flat is a perfect spot for any first time buyers, or any young couple looking to take advantage of these low mortgage rates! This 2006 Tartan built Cappuccino model, features 9' Ceilings, 902 sq/ft of relaxed living space, a 20' x 8' Covered terrace with gas hookups for bbq, and better yet, the stainless steel bbq is incld. The kitchen boasts upgraded oak cabinets and has a breakfast bar. There is also gleaming dark hardwood flooring, in unit laundry and storage space, a very spacious bathroom with seperate tub and shower, and to top it all off included in the price is not one but TWO parking spots! This extra parking space is worth over $4000 and can be rented for a min of $40 a month!

Don't waste your time searching for a property any longer, it has finally arrived! Give me a call or shoot me an email, day or night!

Andrew Miller
Sales Representative

Keller Williams Ottawa Realty, Ltd.

Brokerage, Independently Owned and Operated

610 Bronson Ave.

Ottawa, Ont.

K1S 4E6

Office:(613)-236-5959

Cell: (613)-447-7669

Fax: (613)236-1515

Email: amiller@kwottawa.ca

web: http://amiller.oreb.mlxchange.com/

Blog: http://www.dreamhomeottawa.blogspot.com/