Are you looking to purchase an apartment in Orleans, ON? One of the builders is building quite a few in the Orleans area. Two bedrooms, one level, outside parking, close to all the amenities. Most of the units are 1195 square feet with engineered wood floors; 5 appliances, gas fireplace. Best news ever, only $5,000 required to reserve your unit. 
If you're not ready to downsize to an apartment yet, how about an investment property. Great opportunity to have someone else pay the mortgage. Take advantage of the tax breaks. Contact me for more information www.irenebilisnki.com
Pricing your home in Chapel Hill, Orleans, ON
Pricing is very area specific i.e. Chapel Hill vs Queenswood Heights; Avalon vs Chatelaine Village. Each area in Orleans has its attributes and every seller must be aware of these. As a seasoned real estate sales representative, I can provide you with all the information you require to determine a fair market value for your home, what marketing is required to highlight your home and selling your home quickly.
How do real estate agents prepare a comparative market analysis to determine the fair market value of your home? We look at:
1. Recent sales in your specific neighborhood of the same type of home i.e. square footage, upgrades, lot size, etc. Not the listed price but the actual sale price.
2. Current Listings = Competition
3. Expired Listings = What hasn't sold
If you would like me to prepare an evaluation of your home to determine the fair market value, please visit me at www.irenebilinski.com. It will be my pleasure to meet with you. How long will this take you might ask? About 20 to 30 minutes.
Pricing your home is the first step to marketing your greatest investment.
Multiple Offers - Ottawa Real Estate is certainly a Sellers' Market. This evening I came in second in a multiple offer situation and I didn't lose by $1K or $2K, there were 3 offers, one came in at asking price with one condition, the 2nd (mine) came in at $14K over asking - no conditions and the winner was $25K over asking no conditions. Was my Buyer dissappointed? You betcha ya. Did I think that he lost - No. Even though the house did meet all his requirements, $25K over asking was just to much for this particular house. Location was great, square footage was good, layout was good, view was excellent, the kitchen was dated, flooring needed updating.
As real estate agents, its our job to protect our clients - not to just sell real estate. The search continues and I know that another one will pop on the market and we will secure the sale. Still it was a frustrating experience for both of us. Back to the drawboard or MLS - we will find another one and I'm sure we will be able to secure it.
Lesson learned: Buyers be cautious but don't overpay.
What Buyers hate about Houses:
1. Odors are the number one on the home selling list. 
2. Dogs that meet buyers at the door (some people are frightened or have allergies).
3. Dirty Bathrooms are an instant turnoff.
4. Dimly lit rooms - replace dim light fixtures, remove heavy drapes, let the light stream in.
5. Busy Wallpaper - wallpaper is something that is so personal not everyone likes it.
6. Damp Basements - throw up a red flag to Buyers.
7. Bugs (Yuck)
8. Poor Curb Appeal - That's the first impression - make it look good.
9. Gutters with plants/grass growing out of them - might be causing #6
10. Sellers who stay in the house during a showing - Buyers feel awkward and leave quickly.
In summary, do the work before you put your house on the market
Ottawa Real Estate - I want a bargain - Yes, you do but a bargain doesn't always mean the same thing to everybody. Yesterday, I was shopping with a Buyer for a condo townhouse and he said "I want to find something cheap but in excellent shape" Well, I replied, that's what you want but cheap and in good shape don't go hand in hand. You might find a TLC at a bargain and even at that - it might not be such a bargain because in today's Ottawa Market it a Sellers Market.
If you want something in good shape with upgrades, you might have to pay fair market value or even a little more because there are so many Buyers out there looking for the same thing and so little inventory. After explaining the different markets i.e. Buyers' Market, Sellers' Market and a Balance Market, my Buyer understood that a bargain in good shape might a little difficult to find.
And Sellers, just because its a Sellers' Market, kindly make your property presentable. Remember the better it looks the more Buyers you will attract and you might get multiple offers. Work with your real estate agent - its a partnership.
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Having lived in Ottawa for most of my life, I know the area inside out. City living, country living and everything in between - tell me what you are looking for and I will find it. I've recently bee
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