May, 2009

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Hudson Park II by Charlesfort Update

Wednesday, May 20th, 2009

Check out these update pictures I took for a Charlesfort development Hudson Park phase 2. It was great to see some of the character already coming out of the building, and will be great to see the finished project.

The development located at the corner of Kent at Lisgar and Nepean Street, will feature very strong New York art-deco elements. Check out the photos below.

http://www.MattRichling.com

Matt Richling is a sales representative with RE/MAX Affiliates Realty Ltd., Brokerage, Independently Owned and Operated - The opinions of the authors expressed herein do not necessarily state or reflect those of the RE/MAX or RE/MAX Affiliates Realty Ltd., Brokerage.

Sit Down with “Ottawa’s Designer Guys”!

Tuesday, May 19th, 2009

Earlier last week I sat down with Alexander Jamie LeBlanc (or Jamie), one half of the team nicknamed “Ottawa’s designer guys”, to talk about the Alexander Crawford Design Boutique located at 1089 Somerset Street West and the interior design work they do for clients. If you are looking to add a little spice to your home or condo, these are the guys to talk to!

Matt: Tell me a little about yourselves!
AJ: Well we have told this story what feels like a hundred of times, Luc and I have worked independently for about 10 or 12 years and we didn’t even know each other. I have moved to Ottawa and was doing a design for a retail store, and by fluke was working in the store one afternoon. Someone had asked for help and turned out to one of Luc’s clients. As the story goes on, Luc’s client engaged both of us and didn’t give us a choice. Either you are going to work together or neither of you are going to work! It was forced, and that recommendation turned into another recommendation, and just kept going from there.

So you have experienced a little bit of growth since then?
We have grown from literally an 8 foot desk, to then last year being in the top three design firms in the city of Ottawa. We have brought the business from a hundred thousand a year to a few million a year. So we have significantly grown, now currently in our fourth year.

Tell us about some of your projects that you have done in the past…
Well we don’t like to brag about some of the big stuff because it dose not make some of the smaller stuff feel as special. But we do everything from hotels, to full condo developments like the one we just did for 101 Richmond Road. All of those condos are designer ready with designer finishes, also the lobby, theater, rooftop terrace.

What was one of your most memorable or oddest project that you have completed?
Hmmm that is a hard one. I would probably say the strip club. A pub style strip club. We have done an optometry clinic, one of my most favorite was Dr. Jill Taylor, right across from Tommy and Lefebvre on Bank St., it is very modern and is a favorite.

For the average person who is feeling the need for a little more, can they still hire you to redesign their condo?
Whether it is the 5 million dollar cottage we are doing right now, a 20 thousand square foot home we did last year or a its a 400 sq ft condo, the rules are the same. We charge for an initial consultation and by the hour after that. So everybody is on the same playing field, which makes working with us very easy. The largest hurdle is just getting us booked which right now is about a month in advance.

What are some of your goals?
Our goal right now is to have four or five little boutiques from here [1089 Somerset Street West] up to Richmond road.

We are sitting in one of your two boutiques right now, Alexander Crawford Design Boutique. What can people expect when they walk through the doors?
All of our stores are in fact boutiques, so people that come here can expect personalized service and have hired full time interior stylists to assist them. For the average client that is coming off of the street can still get educated response, not an answer from a sales clerk with no experience. They can come through here and flip through fabrics to pick their drapes or for a sofa and get the input from the interior stylists.

What about some of the furniture or pieces you carry and sell in the boutique?
A big thing to keep in mind is our price point. I like to use a decanter as an example, we sell one for $22 and we sell one for $225. When we do the purchasing for our nick naks (which there are a lot of) or for the furniture we try and cover everybody. We just introduced a new collection that Luc and I have worked on, called “My First Place. The My First Place goal is that no piece of furniture is over a thousand dollars. So you can get a full, Canadian made, lifetime warranty sofa for under a thousand dollars. Which normally would be an import or second grade, not like the life time warranty etc. But we also have five thousand dollar sofas, it is all depending on our clients and where their niche is. There is a piece of designer furniture here for everybody, no matter of their price point.

Tell me about your style.
Our style is best described as modern art deco. We both love art-deco which is very thirties feel, and we both really love modern so when you cross the paths, we are the result. With that being said, as designers we do not pigeon hole our work. I did not go to school and learn one particular design style, we do everything from transitional to traditional to contemporary to modern and our clients reflect that.

What is next?
I see us expanding the stores outside of Ottawa, and we are in talks with major television production companies. It is exciting!

What is one of your favorite places in Ottawa?
Hogs back falls!
(Luc popped in from working with a client)
Luc: I am from Ottawa and I cannot just pick one. I have always enjoyed the market because it is the most lively of Ottawa itself, also I find that the architecture of downtown also really does it for me.

For more information make sure to stop by the Boutique at 1089 Somerset Street West or visit:
http://www.crawfordalexanderboutique.com
http://www.designsby2.ca

http://www.MattRichling.com

Matt Richling is a sales representative with RE/MAX Affiliates Realty Ltd., Brokerage, Independently Owned and Operated - The opinions of the authors expressed herein do not necessarily state or reflect those of the RE/MAX or RE/MAX Affiliates Realty Ltd., Brokerage.

Look at the Facts.

Saturday, May 16th, 2009

Night Scene in Ottawa - Taken by Robbie's Photo Art on Flickr

Yesterday, a deal that I had been working on fell through. Both sides could not come to an agreement, and decided that it was best not to continue. Although my client was initially unhappy with the outcome after investing her time and money to get where we had, she was very happy to realize things about the property now, before she had possibly taken ownership.

Okay so why are you telling us this Matt?

Because this situation happens, and most people do not prepare you to look at the facts. Regardless of the property type (income producing or not), there is a conditional phase (building inspection, due-diligence etc) where we take a closer look at the property and “dig a little deeper”. We try and take away the emotional side (”I really want it”) that we as buyers have, and bring in the “truth professionals” also known as the building inspector, lawyer, etc.  We pay them good money to look at the facts, and to give it to us straight.

My role in this, as an agent (some clients call me their secret agent, please feel free to do so as well) is to work with the other side to get you what you want. You want that lamp, alright let me see what I can do. You want that hole that a squirrel uses as the entrance to your home fixed before you move in, let me see what I can do. Keep in mind, both parties (buyer and seller) are both human beings. Both sides have goals, which most often are not financial, and are looking to have the other side provide it.

We (as in the team) are going to find things (some good some not so much), and nine times out of ten we can negotiate them into/around/out of the purchase. But sometimes at the end of the day there will be a fact that just can not be negotiated, or fixed about a property. We will do our best, but that deal might not be the one for you and we will have to understand that.

The great thing is that I will stay with you through this deal and the next. I will be there to help you find those squirrel holes and get them fixed.

http://www.MattRichling.com

Matt Richling is a sales representative with RE/MAX Affiliates Realty Ltd., Brokerage, Independently Owned and Operated - The opinions of the authors expressed herein do not necessarily state or reflect those of the RE/MAX or RE/MAX Affiliates Realty Ltd., Brokerage.

Mondrian Condominium Update

Tuesday, May 5th, 2009

Yesterday I was able to get some great shots of the progress of The Mondrian. What is great about these shots is that I was on the roof across the street, about the 14th floor. If you can’t tell, I am very excited to see the finished product!

Below is just a snippet of the view you will get facing south (well south east-ish) on about the 14th floor! Just spectacular.

http://www.MattRichling.com

Matt Richling is a sales representative with RE/MAX Affiliates Realty Ltd., Brokerage, Independently Owned and Operated - The opinions of the authors expressed herein do not necessarily state or reflect those of the RE/MAX or RE/MAX Affiliates Realty Ltd., Brokerage.

Spring Market is in Full Bloom - Monthly Stats

Tuesday, May 5th, 2009

Rideau Falls! Photo Credit to ViaMoi on Flickr

The monthly statistics were released by the Ottawa Real Estate Board (OREB) today and are showing a very positive vibe. Overall, we are seeing increases in price and sales which is a great sign.

Since this time last year, average prices have rose one percent in residential and 2.8 percent with condominium properties. Sales of both residential and condominium are also up a modest 2.2 percent over last year. Something that Rick Snell, the president of OREB mentioned in the news release below is that there are still multiple offer scenarios taking place. Many of you have heard me tell my story about the property that I showed to a client that sold within 48 hours for about $11,000 over asking price (at the 200k mark that is about 5%). Good properties are not lasting, and it is still important to have all of your “ducks in a row” when looking at homes.

You can read the full news release below.

Spring Market in full bloom in Ottawa

May 5, 2009 : Spring Market in full bloom in Ottawa

Members of the Ottawa Real Estate Board sold 1,594 residential properties in April through the Board’s Multiple Listing Service® system compared with 1,560 in April 2008, an increase of 2.2 per cent. There were 1,162 sales in March 2009

Of those sales, 323 were in the condominium property class, while 1,271 were in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, etc.) which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.

“Spring is historically the busiest time in the Ottawa real estate market, and it is clear that this year is no exception. Out-of-town buyers as well as local buyers are taking advantage of the low interest rates and our stable real estate market,” said Board President Rick Snell.

“I’m hearing from Board members that some properties are even attracting multiple offers, which shows me the confidence buyers have in our market,” he added. The average price of residential properties, including condominiums, sold in April in the Ottawa area was $298,150, an increase of 1 per cent over April 2008. The average price for a condominium-class property was $216,502, an increase of 2.8 per cent over April 2008. The average price of a residential-class property was $318,900, an increase of 0.7 per cent over April 2008. The Board cautions that average price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average price is calculated based on the total dollar volume of all properties sold.

From the Ottawa Real Estate Board.

http://www.MattRichling.com

Matt Richling is a sales representative with RE/MAX Affiliates Realty Ltd., Brokerage, Independently Owned and Operated - The opinions of the authors expressed herein do not necessarily state or reflect those of the RE/MAX or RE/MAX Affiliates Realty Ltd., Brokerage.