Neighbourly Ottawa -To Be or Not To Be - in Blackburn Hamlet

Hamlet Spend some time thinking about a move to Blackburn Hamlet. 

The “Hamlet” is one of two neighbourhoods completely surrounded by National Capital Commission Greenbelt and other non-residential property..  The other is Bells Corner. Imagine that part of your drive home is through some greenbelt areas.  Access is via Innes Road which cuts through the Hamlet or off the 417 to Montreal Road to Bearbrook.  The closest neighbourhood is Chapel Hill. 

Look for properties on MLS in areas 2301, 2302 and 2303. 

If you like to cross country ski, run, walk, hike or bike, you will love living in Blackburn Hamlet.  There are trails galore.  This is a community of about 8,500 people who like to get out and enjoy life. 

A family can live in one of many styles of affordable houses.  In 2007 there were 55 MLS Listings that sold - 5 semi-detached, 19 row units and 31 detached houses.  For these 55 units, the average unit had 4 bedrooms, 2 baths, listed at $277,955, sold for $272,729 and was on the market for 25 days.   

Things are increasing in 2008.  By mid-May, 10 properties were for sale and 17 were sold.  Of those sold, the average list price increased to $316,665, average sold price $312,447 and the listing was on the market for an average of 20 days. 

Photo Credit:  Hamlet @ http://www.flickr.com/photos/deadyankee/2422165332/sizes/s/

Valerie Zinger ~ Ottawa, Canada ~ Ph. 613-723-5300 ~ Email vzinger@royallepage.ca

Listing - Fourth Avenue, The Glebe - $849,000

front.jpgThanks to Luigi Aiello of the Royal LePage Gale office, my name was on a listing for this large semi-detached house in the Glebe.  Unfortunately, our listing expired before the home was sold.

Valerie Zinger ~ Ottawa, Canada ~ Ph. 613-723-5300 ~ Email vzinger@royallepage.ca

 

Zingers #2 - The Price is Right

zingers_metallic.jpg

The right price for your home is what a reasonable buyer will pay in the current market in relation to same or similar properties.  Your price as an owner, whether too high or too low, is often a reflection of your emotional value of your home.  Objectivity is essential.  A realtor can give you an unbiased opinion.

Ask me for a comparative market analysis.

Zingers #1 - Smokin’ Hot is Not

zinger_metallic27.jpgBefore you put your house on the market, stop smoking in the house. If needed, wash and/or repaint the  walls and ceiling and shampoo the carpet.  No room spray will mask the odour of stale cigarette smoke.  Open your windows before visitors arrive.

Don’t let the smoke get in the buyers’ eyes.

The meaning of “I can live here” when House Hunting in Ottawa

It always surprises buyers that they can step into a home, be in the foyer, and say “I can live here”.  Hey, what about the inspection, checking the room sizes, knowing the age of the furnace and the condition of the roof?  What happened to your must-have and nice-to-have lists?  What happened to “I need to buy a bungalow” and then have the ah ha  moment in a 2 storey? 

It is my experience that we have a whole lot of flex in our buying criteria (including price) and that we are not sure of which is the priority until we see the house - the one that seems to speak to us.  Really, was it magic?

Nice HouseYes.  There is something in the “Ah Ha” house that gels our real criteria.  Before going in, you have read the feature sheets, know the price, know the heating systems, have assured yourself that there is central air conditioning and the realtor has told you about the taxes, the neighbourhood and other interesting things.  Who lives in the bedroom?  You don’t need see the bedrooms.  Who lives in the basement?  You don’t need to see the basement.  Who lives in the backyard?  You don’t need to see the backyard.  It really is about the feeling from the front of the house and the entrance that gets reaffirmed as you walk through the home. 

With your positive feeling, you will be looking at the kitchen, family living areas and bedrooms in a good frame of mind. All the things that bothered you in other houses, now seem not to bother you in the “Ah Ha” house.  All of that is the magic.  Enjoy.  Having this feeling means that you are going to consider buying the house. 

It is my hope that every buyer gets an “Ah Ha” moment. 

Valerie Zinger ~ Ottawa, Canada ~ Ph. 613-723-5300 ~ Email vzinger@royallepage.ca

 

Ottawa House Hunting - What is moving in the Glebe

For the period January 1 through May 31, 2008, the following listings and sales were recorded on the Ottawa Real Estate Board multiple listings: 

Residential  Properties – Detached (69), Row (5), Semi(18)
92        Listings Available
       54        Sold
         3        Conditionally Sold
       35        Active
For the 54 properties sold:
The average number of days on the market was 35 with a range from 2 to 226 days
The average price paid was $579,525 with a range from $275,00 to $1,075,000
The average Sell Price to List Price ratio was 98%

Condominium Properties - Apartments (22)
 22          Listing Available
           8          Sold
           0          Conditionally Sold
         14          Active
For the 8 properties sold:
The average number of days on the market was 41 with a range from 9 to 88 days
The average price paid was $535,363 with a range from $306,000 to $695,000
The average Sell Price to List Price ratio was 98%

Multiple Family Dwellings - 3
 3         Listing Available
          3          Active

 

 Valerie Zinger ~ Ottawa, Canada ~ Ph. 613-723-5300 ~ Email vzinger@royallepage.ca

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