Not sure if i can post it here ill pm you
Hello
- Last Updated:
- Sep 18th, 2017 9:20 am
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- SCORE
- ilusa
- Deal Addict
- Nov 11, 2004
- 2722 posts
- 142 upvotes
- skeet50
- Member
- Jan 15, 2017
- 473 posts
- 277 upvotes
Thanks for the update on the gov't reimbursement rate for relocation. At 3.7%, that's a 1.85% split. I would think that would make a FSBO listing offering 2.0% or more very attractive to a buyer realtor. Could this drive up demand for FSBO if the sellers offer more than the 1.85%?michelb wrote: ↑May 17th, 2017 1:26 pmActually, it looks like it's been reduced to 3.7% for all government employees (I believe Brookfield's has the contract for all branches of government)
(http://blog.oasisrealtyottawa.com/fedbr ... on-to-3-7/)
I'd be curious to see statistics but I don't believe there's any significantly higher concentration of public servants in Glebe/Old Ottawa South or New Edinburgh. If I had to bet, I'd say there were higher concentrations in Kanata, Orleans and Barrhaven than the other 3 mentioned.
- Applesmack
- Sr. Member
- Dec 23, 2010
- 640 posts
- 212 upvotes
- Ottawa
Ottawa market is HOT. This tiny 1400 sq ft home sold over asking at 393k:
http://m.myvisuallistings.com/vt/237137
Kanata is super hot in particular I was being outbid by people paying list price on anything decent within a few days. Just nuts. We definately going to the moon to make up the mediocre gains past few years.
http://m.myvisuallistings.com/vt/237137
Kanata is super hot in particular I was being outbid by people paying list price on anything decent within a few days. Just nuts. We definately going to the moon to make up the mediocre gains past few years.
- nikels21
- Deal Addict
- May 18, 2015
- 1095 posts
- 255 upvotes
- Ottawa,Ont
Wow, thats crazy its so smallApplesmack wrote: ↑May 19th, 2017 9:04 amOttawa market is HOT. This tiny 1400 sq ft home sold over asking at 393k:
http://m.myvisuallistings.com/vt/237137
Kanata is super hot in particular I was being outbid by people paying list price on anything decent within a few days. Just nuts. We definately going to the moon to make up the mediocre gains past few years.
- Applesmack
- Sr. Member
- Dec 23, 2010
- 640 posts
- 212 upvotes
- Ottawa
I saw it myself. It basically a 2 bed house as 3rd bedroom probably cant fit a queen bed in the whole room. The guy was using 3rd bedroom as some tiny entertainment room. Cant believe someone paid so much for this. Grats to owner I guess.
- HN12345
- Newbie
- Feb 6, 2017
- 61 posts
- 23 upvotes
To be fair, in the description: "With over $40,000 in high-quality and magazine-worthy upgrades".
- fogetmylogin
- Sr. Member
- Nov 13, 2013
- 611 posts
- 213 upvotes
- michelb
- Deal Addict
- Jul 4, 2004
- 3566 posts
- 264 upvotes
- Ottawa
I actually don't think it's that high of a price for a newer single family home with some upgrades. How much would you expect to pay for something like that? (To be fair, I don't actually know where it is but I don't think < $400k for a single is that much even if it is small).
- ilusa
- Deal Addict
- Nov 11, 2004
- 2722 posts
- 142 upvotes
Good for the entire ottawa market to have bidding ones in Kanata,
Hopefully more and more people move here. Ottawa really is a great place to live
Iv been here 6 months and besides for the Insane winter we had ( hoping it was a fluke ) its been great
Hopefully more and more people move here. Ottawa really is a great place to live
Iv been here 6 months and besides for the Insane winter we had ( hoping it was a fluke ) its been great
Hello
- swales
- Deal Addict
- Oct 3, 2004
- 3082 posts
- 324 upvotes
Which is what I've been saying in here while others questioned my statements....lol Kanata in particular has been hot since March and only getting hotterApplesmack wrote: ↑May 19th, 2017 9:04 amOttawa market is HOT. This tiny 1400 sq ft home sold over asking at 393k:
http://m.myvisuallistings.com/vt/237137
Kanata is super hot in particular I was being outbid by people paying list price on anything decent within a few days. Just nuts. We definately going to the moon to make up the mediocre gains past few years.
- kaka55
- Jr. Member
-
- Sep 26, 2009
- 149 posts
- 41 upvotes
- Stittsville
Having bought a similar home from Glenview year earlier, though mine had another bedroom, den on the main floor, backing to woods, finished basement for 408K with 2400-sq-ft. I don't think this listing was sold at high end, it if anything in my opinion is about par.
- Sanyo
- Deal Addict
- Feb 9, 2009
- 4175 posts
- 1917 upvotes
Looks like the foreign buyers have arrivedApplesmack wrote: ↑May 19th, 2017 9:04 amOttawa market is HOT. This tiny 1400 sq ft home sold over asking at 393k:
http://m.myvisuallistings.com/vt/237137
Kanata is super hot in particular I was being outbid by people paying list price on anything decent within a few days. Just nuts. We definately going to the moon to make up the mediocre gains past few years.
Let's get the FBT in Ottawa and crash that pig of a market!!! You better buy that primrose and fast!! 
- Applesmack
- Sr. Member
- Dec 23, 2010
- 640 posts
- 212 upvotes
- Ottawa
The builder can't raise my price even if the market goes up. I already effectively bought it. Basically I'm getting free gains right now.
- Sanyo
- Deal Addict
- Feb 9, 2009
- 4175 posts
- 1917 upvotes
Ok didn't know you bought yet... anyways enjoy the gains you'll love it just like us in Toronto and you may just join the bulls soon enoughApplesmack wrote: ↑May 19th, 2017 1:48 pmThe builder can't raise my price even if the market goes up. I already effectively bought it. Basically I'm getting free gains right now.
I actually think Ottawa is undervalued so may see some investors coming up there.- skeet50
- Member
- Jan 15, 2017
- 473 posts
- 277 upvotes
Same model is listed on Orleans for $399,900 https://www.realtor.ca/Residential/Sing ... sideAvalon. The house right next to this one was also on a 30' lot and was listed for $412k and sold very quickly. This listing went up right after the sold sign went on its neighbour. Interestingly, we had folks delivering real estate flyers in our neighbourhood looking for people wanting to sell as a townhome recently sold within 2 hours of being listed.Applesmack wrote: ↑May 19th, 2017 9:04 amOttawa market is HOT. This tiny 1400 sq ft home sold over asking at 393k:
http://m.myvisuallistings.com/vt/237137
Kanata is super hot in particular I was being outbid by people paying list price on anything decent within a few days. Just nuts. We definately going to the moon to make up the mediocre gains past few years.
Last edited by skeet50 on May 19th, 2017 8:13 pm, edited 1 time in total.