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Almost daily, I get the question about what exactly separates one unit from the other. I took a little trek over to the Mondrian which is still under construction to show what is keeping the elephants out!

Please leave your comments below! And you can also call me direct 613-286-9501 or email Matt@MattRichling.com!

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http://www.MattRichling.com

This Saturday one of Ottawa’s newest condominium buildings will be launching and if you are in the market for new construction here in Ottawa, you should be interested and excited! What makes SoHo Parkway stand apart from the other condominium buildings in Ottawa? Take a look at this video and you will fully understand!

I’ve reserved my spot well in advance, if you’d like to join me on Saturday, send me an email (matt[at]mattrichling.com) …i’d love to help!  I love hearing from my readers, so if you have any questions above and beyond what I posted, do give me a call

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http://www.MattRichling.com

Take a look at this perfect starter home. This three bedroom and two bath semi-detached is great for those looking for more space. Entertain in the open kitchen, dining room and living room. Go outside to the cedar deck and smell the bbq steak! Relax in your huge spa complete with soaker tub, rain shower head, and large master bedroom. Close to schools, river, boat launch, parks. Storage Shed, extra large paved driveway, ALL stainless steel appliances, backsplash… TONS of upgrades throughout.

For a private showing or for more information please call Matt Richling directly at 613-286-9501 or email Matt[at]Mattrichling.com .

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http://www.MattRichling.com

Over the past couple days, I have been spending a lot of time at the Mondrian showing the First Unit Listed For Sale and seeing other units in the building, including the Penthouse level suites. Currently work is being completed on the 13th floor with the 11th floor taking possession this week, moving at a rate of about one floor per week. Take a look at the current progress of the two storey Penthouse suites on the 24th floor.

Here are pictures of the view from the units. Below is facing North, with views of the river (yes I know…), parliament (again, yes I know…).

Below is the eastern view that you would have from the unit facing down Laurier.

Below are your southern views, looking down Bank Street and great view of Hudson Park Condominiums.

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http://www.MattRichling.com

The two beautiful Edison semi’s were featured again today during a special brokers open house. The homes were very busy with many agents in and out all morning. If you still have not had a chance to get inside, do not miss out! The workmanship on these units, the price, and the features coming included is not comparable to anything else on the market!

For more pictures check out the full post on the two semi-detached homes HERE. To get inside contact me directly at 613-286-9501.

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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.

"Chateau & Locks" by viamoi on Flickr

What a crazy month it has been! The last six weeks have been very busy around the office and it is great to see the statistics agreeing. The begining of the year was slower, and then the market just took off. When I speak to other agents, we are all seeing multiple offers, under 14 day DOM (days on market), many buyers taking advantage of the low financing rates.

What does this mean?
Be prepared. Get pre-approved. Know yourself, and know what you want. Have full communication with your real estate agent and tell him/her what you are thinking. In this type of market I can (and will) get you what you tell us that you are looking for, but if you are not ready, or if it is truly not the right property for you, we need to know!
I can go farther on this topic (stay tuned, another post for sure!), but will stay on topic of statistics for today.

Coles Notes Version: Number of sales over last May is up 3.9 per cent, and a 19 per cent over April 2009. Average price for is up 5.3 per cent over last May and condo price rose 4.6 per cent over last May.

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Members of the Ottawa Real Estate Board sold 1,969 residential properties in May through the Board’s Multiple Listing Service® system compared with 1,896 in May 2008, an increase of 3.9 per cent. That number also represents a 19 per cent increase over the 1,594 sales recorded in April 2009.

Of those sales, 348 were in the condominium property class, while 1,621 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.

“This was the best May on record for residential resale home sales in Ottawa,” said Board President Rick Snell. “Homes in every price range are selling well, from starter homes to luxury properties. Homebuyers and sellers are showing a lot of confidence in the Ottawa real estate market,” he added.

The average sale price of residential properties, including condominiums, sold in May in the Ottawa area was $312,045, an increase of 5.3 per cent over May 2008. The average sale price for a condominium-class property was $231,351, an increase of 4.6 per cent over May 2008. The average sale price of a residential-class property was $329,368, an increase of 4.7 per cent over May 2008. The Board cautions that average sale 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 sale price is calculated based on the total dollar volume of all properties sold.

For the full release visit the Ottawa Real Estate Board Website.

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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.

The Farmers Market in the Byward Market. Ottawa market is getting HOT! Photo Credit to suellen1111_s on Flickr!

As I recently reported, the spring market has picked up and Ottawa is certainly bucking the national trends. Our sales for last month compared to March 2008 have just been released by the Ottawa Real Estate Board.

Ottawa spring market off to a good start

April 3, 2009 : Ottawa spring market off to a good start

Members of the Ottawa Real Estate Board sold 1,162 residential properties in March through the Board’s Multiple Listing Service® system compared with 1,084 in March 2008, an increase of 7.2 per cent. There were 788 sales in February 2009.

Of those sales, 250 were in the condominium property class, while 912 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.

“This is a good beginning to the spring market. Confident buyers are taking advantage of the great opportunities that are available to them right now, such as historically-low interest rates and a good supply of properties for sale,” said Board President Rick Snell. “We’re very fortunate to have a stable economy here in Ottawa, and I think buyers are acting cautiously but feeling positive about our resale housing market this spring,” Snell added.

The average price of residential properties, including condominiums, sold in March in the Ottawa area was $286,888, virtually unchanged over March 2008. The average price for a condominium-class property was $208,936, an increase of 0.6 per cent over March 2008. The average price of a residential-class property was $308,256, a decrease of 1.4 per cent over March 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.

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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.

I will be holding an open house Sunday from 1-4pm at 85 Bronson Unit 406. If you have seen the pictures or the video and were interested in seeing the unit or the building, this is your chance. If you are going to be downtown grabbing a late Sunday lunch, please feel free to stop by and say hello!

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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.

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Ottawa Real Estate TV - Take a look at 85 Bronson Avenue Unit 406! For a private viewing or more information please contact Matt Richling or Jeff Laprade. Oh, and do yourself a favor and watch it in HD (once you press play, the little HQ button pops up on the bottom)!

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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.

Step into unit 406 at 85 Bronson Avenue, “The Gardens”, and understand why it is one of Ottawa’s most desirable buildings. Located just steps from the Supreme Court House, Parliament Hill, and the entire downtown area. This two bedroom unit complete with two full bathrooms allows you to wake up to views of the Ottawa River and the Gatineau Hills. Head to the custom kitchen to make your fresh morning coffee and be greeted with new stainless steel appliances, granite, marble and hardwood floors. Use the on site exercise center and then head to your personal parking spot and dream about when you get to arrive back home. Listed at $444,900 with the condo fee of $369.00, you could experience this each and every day. The current owners have already moved to their new location and thus can accommodate a short closing period. For a private showing or for more information please contact me.

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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.