Investment Ideas North of the Border

| February 14, 2015

ottawa real estate investmentWhen considering buying or selling real estate in Ottawa one usually employs the services of a knowledgeable and experienced Realtor® as the main consultant during the process. Housing markets are much like stock markets in that they fluctuate from time to time, depending on supply and demand, which in turn is dictated by a multiple of factors – least of which are mortgage rates, employment statistics and neighborhood variances. Styles and types of homes include detached and semi-detached dwellings, condominium apartments and town-homes which can also be freehold in ownership. Whether you are considering the downtown urban life style or opt for the suburbs, real estate agent and Broker Peter Clarke can guide you along the way.

Take for example young couple Steve and Jennifer. Both love the nightlife and shopping that Ottawa’s Byward Market offers but were unsure of purchasing their first home in the area. Also known as Lowertown, Peter suggested looking at neighboring areas – specifically Sandyhill, the Golden Triangle as well as Centertown. A nice mix of homes were offered in their $350 to $500 thousand dollar budget. With Peter’s extensive knowledge ad expertise the “Hipster” couple decided on a fantastic Condominium in the Golden Triangle. Negotiation was so successful that Steve literally jumped for joy when told they got the home at their price!

The mortgage in place, the home inspection completed and the occupancy date firm, Steve and Jenn now fanatically recommend Real Estate Agent/Broker Peter Clarke for their Ottawa friends looking to buy or sell. In fact both their parents decided to sell thier homes – one in Rockcliffe Park and the other a waterfront property along the Ottawa River – with Mr. Clarke. Newly retired both couples were looking forward to the Snowbird lifestyle and opted to buy Condos in the ultra popular Glebe neighborhood. They absolutely adored what Bank Street shops and cafe’s had to offer and the easy access to the famous “Rideau Canal”.

Orleans, Beacon Hill, and Navan to the east as well as Nepean and Kanata to the west are long time favorite suburbs to purchase affordable Ottawa area homes. South Ottawa areas include Barrhaven and Huntclub. All neighborhoods enjoy fantastic city of Ottawa parks and bike paths as well as public schools and shopping.

It is the single most expensive purchase an individual and family can make and a full-time, professional can help make the adventure less stressful and more fun. Considering contacting Peter through his website at OttawaAreaProperties.com

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