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OTTAWA REAL ESTATE – RED HOT IN 2019

OTTAWA REAL ESTATE SALES STATS 2019 - CHRIS STEEVES REALTOR

 

Good morning, Ottawans!

Whatta year 2019 was for real estate!   HUGE GROWTH in many areas, and sales records being set once again.

As a Realtor, I would say the one question I get the most is, “where’s the best place/hottest neighborhood to buy real estate in Ottawa?”   So here’s a snapshot of a few neighborhoods and how they performed over 2019 (disclaimer: these numbers will vary in every neighborhood, street, and property. It’s not an exact science :))

2019 - SALES STATS - OTTAWA.JPG

If you were buying or selling real estate in Ottawa this past year, then you know how hot it was. Bidding wars became the norm, and it was a battlefield for buyers trying to get their hands on anything decent. And as you can see, some neighborhoods performed exceptionally, while there were a few that were surprisingly just kinda average (I was surprised to see Centertown at the lower end!).

The second most common question I get is, ‘where’s the best place to buy now?’. The quick n dirty answer is, ‘anywhere in Ottawa‘, but I figure we can be more specific.

– Right off the bat, the burbs will continue to perform well.  They’re growing fast, and will do well this year.

– Any family-friendly areas with ‘reasonably priced’ homes are going to boom.  When you’re buying a decent freehold house at the lower end of the price spectrum, you almost can’t lose.

– To name a few of my top picks, I’d say Woodpark, Braemar & Bel Air Park, Mckellar Park, Elmvale Acres, and Carson Grove.

– And most areas near an existing or future LRT station will be a smart move.

In case I haven’t said this before, investing in a property is a complex process that depends on many criteria, so consult with an expert before diving in.

If you want more info and feedback on where/what to buy, definitely reach out as I’m always happy to have a chat :)

 

CHRIS STEEVES

Sales Representative. Residential & Commercial.
Capital Homes Realty
217-1419 Carling Ave, Ottawa, ON
Office: 613 744 0356

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