Sylvain Bourgon Real Estate Group Blog
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An Ottawa real estate blog for real estate news, market updates, and trends from an experienced Ottawa Realtor, Sylvain Bourgon. From luxury properties to infill homes, finding your next dream home is easier with the best Realtors in Ottawa on your side. If you need to sell your Ottawa home, our expert real estate team will market with purpose, negotiate with heart, and get the best price for you!
Sylvain Bourgon Real Estate Group Blog
1y ago
The Ottawa real estate market has taken on the form of a bouncy castle over the past three years, but for those waiting for the right time to buy or sell, a stable market is on the way.
Many looking to purchase homes in the region have been waiting for prices to drop. But after surging to an average home price of $757,225 in March, the market showed no signs of slowing down this winter.
Now, with interest rate hikes slowing inflation, the market is cooling off—but don’t expect home sales to drop to a pre-COVID state. The Ottawa region is still highly coveted. In the coming months, we may ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
Choosing the right real estate market in Canada now will help you be ready in the spring when more new homes are available.
The Ottawa real estate market is heating up again in 2022. Prices are higher than ever, but new mortgage and borrowing programs provide more opportunities to first-time home buyers.
Those who enter the market early, whether you’re buying or selling, could enjoy a spring of opportunity. Evaluating the real estate markets across Canada can help you determine if Ottawa is the right market for you, so you can get into the game now.
Canada Real Estate During the Pandemic
The C ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
During a time in history and during the time of year that one could expect the Ottawa resale market to taper off, surprisingly it has held its strength. Ottawa Real Estate Board President Deb Burgoyne has remarked “We continue to experience strong activity in Ottawa’s resale market during the time of year when we would typically see a slowdown. I’m confident in saying that if we had more supply, sales would be even higher.” Deb Burgoyne has also stated that year to date prices are a more reliable predictor of the trends of property prices over time. These trends are especially telling w ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
If you’re looking to become a homeowner, and didn’t find what you were looking for this summer, you could take advantage of the winter months to save big on a new home.
The holiday season can be one of the most stressful, and nobody wants to be selling or buying a home during the winter months. There are fewer new listings than any other time of the year, and time spent doing showings or viewings is time away from loved ones.
However, a potential new homeowner with the foresight to prepared for the season in advance can save big money. Sellers are often in a hurry to sell and are ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
Ready to Sell Safely and Speedily?
When you are ready to sell your home, especially during a global pandemic, two things probably come to mind: doing it quickly and doing it safely. There is good news here, and that is that both of these are possible. Read on to learn how to safely sell your home during the pandemic.
Go for a minimalist environment.
Your home should be a blank slate for its future owners to envision as their own. Because of this, starting your selling endeavors should begin by clearing things out and going back with a minimalist theme. Having fewer ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
The Ottawa real estate market has remained hot amidst the uncertain times of the COVID-19 pandemic. The nation’s capital has surprised some as it holds strong among many of Canada’s world-class cities. Ottawa sets itself apart from the rest of the competitive Ontario housing market and the rest of the country because it’s a government town with significant job stability. The Canadian federal government is a primary employer in Ottawa as well as the RCMP and the Department of National Defence which makes for income security for many of its residents. Job stability combined with h ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
I will start by thanking all our clients, friends and family for all their past and continued support. It is always a pleasure working with folks and helping them achieve their Real Estate Goals!
The Ottawa market has always had a steady and stable increase, however, 2019 was an exceptional year!
As some news/forecast https://ottawacitizen.com/life/homes/how-ottawa-became-the-countrys-hottest-real-estate-market-and-why-this-distinction-could-soon-end Some say it may not last. My predictions are more inline with our Brokerages here ar Remax Hallmark Realty group, That Ottawa will co ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
These are the current statistics reflecting the current 27 home for sale in Stittsville, ON.
Days on Market:
Total Listings – 27
High – 353 days
Low – 1 days
Average – 96 days
Median – 75 days
List Price:
High – $2,500,000
Low – $479,000
Average – $930,152
Median – $749,900
Total Value of Listings – $25,114,099
By # of Bedrooms:
There is 1 two bedroom home
There are 8 three bedroom homes
There are 9 four bedroom homes
There are 8 five bedroom homes
There are 0 six bedroom homes
There is 1 seven bedroom home
Type of Home
2 Storey – 15
Bungalow – 12
For more information ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
There are currently 7 homes for sale in Orleans ranging in price from $309,900 to $475,000.
Area
Address
List Price
Type
Beds Above Grade
Beds Total
Baths Total
Number of Garage Spaces
Fallingbrook
3682 St Joseph Blvd
$309,900
2 Storey
4
4
2
0
Pineridge
617 Simoneau Way
$359,995
2 Storey
3
3
2
1
Queenswood
287 Cote Royale Cres
$399,900
2 Storey
3
3
2
1
Chapel Hill South
2530 Mer Bleue Rd
$435,900
Bungalow
2
4
2
1
Pineridge
661 Morewood Cres
$449,900
2 Storey
3
3
3
2
Avalon
728 Scala Ave
$459,900
2 Storey
3
4
3
1
Avalon
1024 Fie ..read more
Sylvain Bourgon Real Estate Group Blog
1y ago
There are currently 33 listings of single family homes in the Orleans area. They range in price from $309,900 for a 4 bedroom home in Fallingbrook to $899,900 for a 4 bedroom home Sunridge.
Number of Bedrooms in Orleans Homes
There are 3 two bedroom homes
There are 13 three bedroom homes
There are 12 four bedroom homes
There are 4 five bedroom homes
There is 1 six bedroom home
Price Range of Homes For Sale
$ 200,000 $300,000 – 0 homes
$ 300,000 $400,000 – 3 home
$ 400,000 $500,000 – 4 homes
$ 500,000 $600,000 – 12 homes
$ 600,000 $700,000 – 7 homes
$ 700,000 $800,000 – 4 homes
$ 800,000 $800,0 ..read more