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Welcome to She Sells Ottawa, your go -to
podcast for all things real estate and

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beyond.

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Featuring your hosts, Sonya Crites, Tamara
Vallati, Cori Kugler and Tara Kugler.

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Fun fact, we're not just colleagues who
work on different teams, we're amazing

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friends with a passion for real estate and
uplifting our local Ottawa community.

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Join us for each episode as we dive into
the local market trends, share insider

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tips and provide invaluable insights.

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Whether you're a seasoned investor or a
first -time homebuyer, SheSells Ottawa is

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your one -stop shop for useful takeaways
and entertaining conversations.

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So grab your coffee and get ready to be
inspired.

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Welcome to another episode of She Sells
Ottawa.

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In today's episode, we will be discussing
hot topics of what we are seeing in this

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current market as we jump into June.

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Lots of home closings are happening and we
discuss those here with stories and

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insights from the four of us.

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We will zero in on one of Ottawa's
neighborhoods, Findlay Creek.

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talk about the market in Findlay Creek,
new builds and resale, and a few things

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our clients love about that area.

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And of course, we are always excited to
tell you about a local business we enjoyed

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there.

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So let's kick this episode off.

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I'm one of your hosts, Sonya Crites,
Ottawa Property Gals with Right at Home

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Realty and my lovely host here beside me.

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Hi, I'm Tara Kugler with Right at Home
Realty as well and part of the Kugler

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team.

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Hi, I'm Tamara Vallati and I'm with EXP
Realty.

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And hi, I'm Cori Kugler.

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I'm with Right at Home Realty and also
part of the Kugler team.

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So ladies, let's start off with a very
funny story that we can pretty much all

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relate to at some time or another,
especially as realtors who were always

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trying to juggle our own lives along with
all of our clients.

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Tamara, you had a bit of a situation
recently this past week, we heard.

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yes, I did.

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Please tell me I'm not alone here.

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Do you ever have one of those days where
you're driving around on autopilot?

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yes.

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Well, you know, those days where you get
from point A to point B, but you've

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completely zoned out because you have a
million things going on.

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Well that happened to me this week leaving
the gym.

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I noticed I needed gas so I pulled into
the gas station and I opened up the gas

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cap and tried to get my card to get my
card out to pay for the gas.

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I was having problems at the pump so I
went into the gas station and paid to the

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gas attendant and I got my receipt.

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I'm back into the car and drove home and
went about my day.

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Got ready for my day.

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And now I'm leaving for my first
appointment.

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I get back into my car and I look down and
I'm wondering where is all my gas.

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What?

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Yeah.

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There was no gas in the car and I look out
my side mirror and I see my gas cap waving

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in the air as I'm driving down Hunt Club.

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So I do need gas.

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So I gotta go back to the gas station.

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I'm running back to the gas station, pull
up to the gas station, run inside.

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And I really don't have to say much before
the gas attendant recognizes me.

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And he saw me actually pull away without
putting the gas in.

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So I paid and left.

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And so he immediately refunded it.

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This was my lucky day, to be honest.

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He refunded it without me even knowing it.

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I went back.

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I ended up...

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buying more gas, but thankfully just shows
how autopilot we are that we just yes.

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Go go go hashtag realtor life.

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That's a good story.

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Well, just like keeping our gas tanks
full, staying informed about the local

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real estate market is crucial, especially
with the way things have been changing

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lately.

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So.

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Let's shift gears a little and take a
closer look at what's been happening in

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your Ottawa real estate market this past
week.

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Yeah so there's a lot coming up this week
and I guess the big one that most people

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are looking at anxiously is if there's
going to be a rate drop sooner rather than

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later.

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As you know the inflation rate has dropped
to 2 .7 percent so there is a stronger

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chance that this could happen.

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So ladies, why don't we place a we back to
see if the Bank of Canada drops their rate

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in June or not.

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Good idea.

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So do you think it will happen?

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And if so, by how much?

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So Sonya, what do you think?

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I've been predicting that I think we're
going to have our first small drop in

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June.

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So I do think it's going to happen just by
a quarter point.

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Tamara, what do you think?

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Well, I vote that the Bank of Canada will
keep its overnight rate at 5%, so no

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change.

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I think the Bank of Canada would prefer
the inflation to sit around 2 % and yeah,

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right now it's sitting at 2 .7%.

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And you know, while Canada did add many
jobs in April, the unemployment rate held

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steady at 6 .1%.

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So my prediction is that the first rate
decrease is going to be by 25 basis points

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in July.

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Okay, interesting.

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And Tara, what are your thoughts on

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Yeah, so at first I was with Sonya and
thinking that it's probably going to come

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down in June.

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The inflation rates did come down and that
was definitely helping me decide that June

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just might be the month that that's going
to happen.

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But now the more I think about it, I'm
pretty certain it's going to be 100 % in

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July.

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Yeah, so I'm saying quarter point in July.

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In July, that's your final answer.

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That is my final answer.

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Okay, well I'm going to go with Sonya.

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I think that there's a strong possibility
that it could happen as early as June.

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So four answers locked in.

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So we have two for June and two for July.

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And what are we betting on?

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What's the what's the win here?

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Obviously a drink.

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What are we drinking ladies?

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losers pay.

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Sounds good.

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We'll soon find out.

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Yeah, stay tuned.

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let's just talk about if the Bank of
Canada lending rate remains the same, and

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it doesn't go down.

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People with a variable rate mortgage won't
have any immediate financial relief.

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So the variable rate mortgage is really
looking for this.

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this rate decrease.

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However, if the bank of Canada signals
that a rate cut is coming, the bond market

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could react and this would impact fixed
mortgage rates.

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So if someone has a mortgage that's coming
up for renewal or a home buyer wanting to

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purchase a home and looking to understand
how these rate changes would impact their

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mortgage options, they really should go
and contact a mortgage specialist as early

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as possible.

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Yeah, we have a few we can recommend.

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if you need one.

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I'm kind of seeing some buyers holding
off, maybe waiting for the rate drop,

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which may not be such a great idea.

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We did see a bit of a lull between
Mother's Day and Long Weekend.

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It did kind of quiet down.

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I don't know if you saw that as well.

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I noticed that.

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It did.

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But now we're seeing a bit of a jump in
showings since then.

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I don't know if, you know, there's still
hesitation, though, on submitting an offer

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and going through with an offer, but
showings are up.

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Yeah, and we're working with some buyers
right now and they ask us if now is a good

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time to buy.

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And yes, because we had to advise them
that there is an imminent rate drop

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happening and it's not significant and it
won't change very much, but

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psychologically, once the headlines come
out that there's a rate drop, it will

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increase the buyer's confidence and get
them back into the market.

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So, with low inventory, we know what that
means.

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So we advise our clients right to be
shopping right now ahead of that.

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shop right now there's still pretty much
of a balanced market I'm seeing things are

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picking up a bit but you can still get
your conditions in and we're dealing with

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a few offers and they've gone into
multiples but only with one other yeah so

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it hasn't been you know five six seven
it's not a frenzy just yet so the rates

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haven't come down yet but I still say if
you can buy now I I

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real estate agents, I think would advise
that at the moment.

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Yeah, I totally agree because we've
actually been even advising our buyers to

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buy now, put in an offer, but just do a
later closing date.

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And then you're still, you know, even
whatever rate you're locked in now, if it

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does lower, you'll get that lower rate.

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So it's, you know, if you could do even an
August closing or end of July, you could

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take advantage of that.

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Such a good point, Sonya.

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Well, let's close one topic and walk into
the next.

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How's that segway?

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So today we're going to be discussing all
about closing and the procedure there.

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And the first thing we want to discuss
about that is the final walkthrough, which

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is one of the steps before closing.

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So final walkthrough usually happens right
before the closing date and often within

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24 hours to catch any last minute issues.

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I just want to preface, it's not a home
inspection.

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It's more like a last minute check to make
sure everything's as agreed to in the

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purchase deal.

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Yeah, so time to negotiate.

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It's not a time to negotiate exactly.

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It's just, you know, checking things out,
making sure everything is as agreed to.

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So what you want to look out for on a
final walkthrough, some people, you know,

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just walk in and say, What am I doing
here?

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I'm just visiting the property one more
time.

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Well, there's a few things that you could
look out for in a final walkthrough.

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So check the property condition, make sure
the place is in the same condition as when

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you made the offer with no new damages or
problems.

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You can verify repairs.

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So if you agree to any repairs in your
contract, make sure that the repairs have

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been done and to a satisfactory job.

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Test systems and appliances.

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So if it's close to the closing date, you
can turn on the heater, make sure it's

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working, turn on an element of a stove,
make sure that's working as well.

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You can also do that on closing day and
we'll bring that up afterwards.

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And then confirm any inclusions and
exclusions are still at the listing.

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So whatever you discussed in your offer,

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Yeah, speaking of inclusions and
exclusions, we have a really funny story.

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There's apparently nothing that we won't
negotiate.

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So yesterday I get a text from the listing
agent of a property that we just sold and

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there were a number of inclusions and
exclusions in the deal.

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But apparently there was a bidet
attachment in the en suite bathroom and it

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was really cool and my buyers were like
going crazy over this.

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It was like the coolest thing.

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It was like, yeah, we were just talking
about it.

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And it wasn't anywhere in the agreement,
right?

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So she said, well, my sellers were hoping
to keep it.

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I hope your sellers, your buyers were not
hoping to have it.

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So I said, well, I really can't speak for
them.

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So I get in touch with our buyer clients
and I asked them, how important is this

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bidet?

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attachment to you.

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Right?

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I mean, it's crazy.

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So what does it do?

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So I don't know.

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But it's remote control.

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It's a remote control.

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I'm not going to say more.

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Anyway, they said, well, actually, we
think it's a really cool feature.

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So we would like to have it.

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So I get back to the listing agent and
say, well, you know what, they would

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actually like to have it.

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So seeing as you didn't list it as an
exclusion.

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and it is sort of part of the toilet.

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You know, I'm hoping it's there on closing
is all I You won that negotiation.

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I won that.

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Yes, exactly.

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That's the first bidet negotiation I've
done.

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Congratulations.

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Enjoy that bidet.

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So you just want to make sure that
everything that you did agree to in the

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offer is still there.

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So use that time wisely.

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You typically get an hour and sometimes
buyers get two final walkthroughs and that

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could be negotiated in the offer.

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Right after they make the offer and then
they come back into the house Maybe you

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know a week or two afterwards with their
measuring tape and they're measuring the

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rooms and they're trying to pre -order
furniture for closing day so that's the

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typically the Reason to have two
walkthroughs is the first one is to order

233
00:19:37,821 --> 00:19:38,837
furniture You

234
00:19:38,837 --> 00:19:43,177
And also another thing to note is that the
home, when you come into a final

235
00:19:43,177 --> 00:19:47,697
walkthrough, the home does not look the
same way as it did when you purchased it.

236
00:19:47,697 --> 00:19:47,857
Yes.

237
00:19:47,857 --> 00:19:48,527
Right?

238
00:19:48,527 --> 00:19:52,057
So we have a lot of buyers come in,
sometimes a little deflated because they

239
00:19:52,057 --> 00:19:54,197
bought that shiny staged home.

240
00:19:54,197 --> 00:19:55,076
The pictures were gorgeous.

241
00:19:55,076 --> 00:19:56,337
They came in, they purchased it.

242
00:19:56,337 --> 00:19:57,917
Everything was just as so.

243
00:19:57,917 --> 00:20:00,717
And then they come in to, you know.

244
00:20:01,397 --> 00:20:05,237
Seller's living their normal life, it's
not staged anymore.

245
00:20:05,237 --> 00:20:06,217
Packing boxes.

246
00:20:06,217 --> 00:20:09,497
You know, they're not staging their house
every day, you know, after the home is

247
00:20:09,497 --> 00:20:09,607
sold.

248
00:20:09,607 --> 00:20:13,057
So you're going to walk into a normal
circumstance or like you guys just said,

249
00:20:13,057 --> 00:20:15,897
packed in boxes and a little bit of a
mess.

250
00:20:15,897 --> 00:20:18,777
So just, you know, keep that expectation
there.

251
00:20:18,777 --> 00:20:21,781
It's not going to be that picture perfect
home, but.

252
00:20:21,781 --> 00:20:25,261
it is the home that you saw in the
pictures, so you can still make it that

253
00:20:25,261 --> 00:20:26,401
way afterwards.

254
00:20:26,401 --> 00:20:26,821
Exactly.

255
00:20:26,821 --> 00:20:27,241
Yeah.

256
00:20:27,241 --> 00:20:31,521
And another thing that we recommend is
that the seller remain out of the house

257
00:20:31,521 --> 00:20:33,281
for the final walkthrough.

258
00:20:33,721 --> 00:20:39,361
Usually when you book that final
walkthrough for your buyers, usually you

259
00:20:39,361 --> 00:20:41,501
go there and you have the house to
yourself, right?

260
00:20:41,501 --> 00:20:43,431
So that they can imagine themselves there.

261
00:20:43,431 --> 00:20:47,561
They can just poke around to their heart's
content, really get acquainted with the

262
00:20:47,561 --> 00:20:47,941
house.

263
00:20:47,941 --> 00:20:50,765
And it's like, this is a really exciting
day for them.

264
00:25:59,155 --> 00:26:03,915
So what can we expect, Cori, leading up to
closing day?

265
00:27:35,978 --> 00:27:40,498
when we're discussing closing with our
buyers, it's a very very exciting time but

266
00:27:40,498 --> 00:27:44,558
there's things that they actually have to
do you know to get themselves ready to

267
00:27:44,558 --> 00:27:48,978
move and one of them is to remember to
forward their mail, notify all parties

268
00:27:48,978 --> 00:27:53,858
where they're moving, get their utilities
set up at the new place, make sure that

269
00:27:53,858 --> 00:27:58,678
they're you know canceled in the old
place, set up your lawyer's appointment

270
00:27:58,678 --> 00:27:59,578
for closing day.

271
00:27:59,578 --> 00:28:01,458
So those are important things.

272
00:28:01,458 --> 00:28:07,098
And then maybe let's factor in what some
of the closing costs could be.

273
00:28:07,098 --> 00:28:09,878
So what are we looking at in terms of
closing costs?

274
00:28:09,878 --> 00:28:13,378
There are several things that are
important.

275
00:28:13,378 --> 00:28:15,778
There's land transfer tax, a biggie.

276
00:28:15,778 --> 00:28:17,118
There's your legal fees.

277
00:28:17,118 --> 00:28:19,318
There's title insurance.

278
00:28:19,318 --> 00:28:21,478
Yes, title insurance is so important.

279
00:28:21,478 --> 00:28:23,838
It's optional, but very important.

280
00:28:23,838 --> 00:28:24,242
So.

281
00:28:24,242 --> 00:28:28,282
Yeah, we actually had a client that
thankfully they had title insurance.

282
00:28:28,282 --> 00:28:30,582
They moved into their beautiful new home.

283
00:28:30,582 --> 00:28:32,602
It had two sheds in the back.

284
00:28:32,602 --> 00:28:35,192
One of them was a gorgeous large she shed.

285
00:28:35,192 --> 00:28:36,132
I was so jealous.

286
00:28:36,132 --> 00:28:38,902
I've always wanted one.

287
00:28:39,422 --> 00:28:41,602
Anyway, so they had they had moved in.

288
00:28:41,602 --> 00:28:47,122
They didn't actually install that shed,
but they had bylaw come by and slapped

289
00:28:47,122 --> 00:28:54,066
them with a fine because it was too close
to the fence.

290
00:28:54,066 --> 00:28:57,106
Thankfully they had title insurance so
they were able to go back to the lawyer

291
00:28:57,106 --> 00:29:00,966
and use that and lift and move the shed.

292
00:29:01,086 --> 00:29:02,526
So thank goodness.

293
00:29:02,526 --> 00:29:03,706
Yeah.

294
00:29:11,410 --> 00:29:15,970
So basically I think you need to budget
between one and a half to two and a half

295
00:29:15,970 --> 00:29:19,670
percent of the purchase price of your home
for closing costs.

296
00:29:19,670 --> 00:29:21,390
Do you think that's about accurate?

297
00:29:21,390 --> 00:29:27,250
Yeah, I think that's a really good general
rule of thumb to follow for closing costs.

298
00:29:27,670 --> 00:29:31,190
And so let's talk about actually closing
day.

299
00:29:31,190 --> 00:29:31,790
Yes.

300
00:29:31,790 --> 00:29:34,066
We've got to the closing day.

301
00:29:34,066 --> 00:29:36,616
It's sort of like your wedding day, I have
to say.

302
00:29:36,616 --> 00:29:37,946
It's a journey.

303
00:29:37,946 --> 00:29:38,786
It's a journey.

304
00:29:38,786 --> 00:29:41,776
You get lots of anticipation, lots of
checklists.

305
00:29:41,776 --> 00:29:42,546
It's true.

306
00:29:42,546 --> 00:29:43,546
Lots of money.

307
00:29:43,546 --> 00:29:44,446
I like that association.

308
00:29:44,446 --> 00:29:45,096
yes, the money.

309
00:29:45,096 --> 00:29:48,886
And you're always praying for a great day
of weather.

310
00:29:48,886 --> 00:29:50,025
It's very true.

311
00:29:50,025 --> 00:29:51,746
A sunny closing day is the best.

312
00:29:51,746 --> 00:29:52,386
Yeah.

313
00:29:52,386 --> 00:29:54,846
So we're going off to our lawyer's office.

314
00:29:54,846 --> 00:29:55,906
It's closing day.

315
00:29:55,906 --> 00:29:56,436
We're excited.

316
00:29:56,436 --> 00:29:58,486
We're going to get the keys to our new
home.

317
00:29:58,486 --> 00:30:01,206
What do we bring with us to the lawyer's
office?

318
00:30:01,206 --> 00:30:03,570
Well, we're going to gather our documents.

319
00:30:03,570 --> 00:30:07,950
and everybody that is on the agreement
needs to bring some valid ID.

320
00:30:07,950 --> 00:30:10,230
So driver's license or a passport.

321
00:30:10,230 --> 00:30:14,950
And then once all the documents are signed
and the funds are transferred, you receive

322
00:30:14,950 --> 00:30:16,630
the keys to your new home.

323
00:30:16,630 --> 00:30:19,710
So you're getting, I know this is
exciting.

324
00:30:19,710 --> 00:30:21,390
Congratulations.

325
00:30:21,450 --> 00:30:29,370
So the, and then you'll be able to either
receive the keys right there from the

326
00:30:29,370 --> 00:30:33,834
lawyer or sometimes they're located in a
lock box at the property for you.

327
00:31:00,409 --> 00:31:06,389
So take your keys, unlock the door, and
take a moment to celebrate the significant

328
00:31:06,389 --> 00:31:07,809
milestone.

329
00:31:08,029 --> 00:31:09,045
Woohoo!

330
00:31:09,045 --> 00:31:12,105
I actually just received a text while we
were sitting here ladies.

331
00:31:12,105 --> 00:31:12,565
No way!

332
00:31:12,565 --> 00:31:18,705
Yeah, so our buyers, I just got a text
saying, Kara got the call that we closed,

333
00:31:18,705 --> 00:31:20,725
she's on her way to get the keys.

334
00:31:20,805 --> 00:31:23,145
that's so exciting.

335
00:31:23,145 --> 00:31:25,545
That's the best text to get.

336
00:31:46,240 --> 00:31:50,540
just to reiterate, when you get your keys
and you're entering your new home for the

337
00:31:50,540 --> 00:31:55,320
first time as homeowners, don't forget to
check your appliances that were included

338
00:31:55,320 --> 00:31:59,200
in the agreement purchase and sale if
they're included, but make sure that

339
00:31:59,200 --> 00:32:00,760
they're in working condition.

340
00:32:00,760 --> 00:32:06,760
And if for some reason there's something
wrong at that time, you only have that day

341
00:32:06,760 --> 00:32:11,780
to contact your lawyer and let them know
that there's a problem with one of the

342
00:32:11,780 --> 00:32:12,624
appliances.

343
00:32:12,624 --> 00:32:16,944
This actually happened to one of our
buyers very recently and the dishwasher

344
00:32:16,944 --> 00:32:18,384
was not working.

345
00:32:18,384 --> 00:32:21,424
It had been listed on the MLS as new.

346
00:32:21,424 --> 00:32:26,424
So I told them to write the lawyer right
away and let them know that there was a

347
00:32:26,424 --> 00:32:29,784
problem and the lawyer wasn't going to
receive this until the Monday, but it was

348
00:32:29,784 --> 00:32:32,804
like time dated for the Friday, which is
when they closed.

349
00:32:33,204 --> 00:32:38,904
So the bottom line is to make the story
short, the sellers did have to provide a

350
00:32:38,904 --> 00:32:40,112
new dishwasher.

351
00:32:40,112 --> 00:32:40,932
to the buyers.

352
00:32:40,932 --> 00:32:46,032
So it all did work out, but it wouldn't
have had we let it go longer.

353
00:32:46,032 --> 00:32:50,692
So I guess provided it's not stipulated in
the contract that it's an as -is

354
00:32:50,692 --> 00:32:51,462
condition.

355
00:32:51,462 --> 00:32:51,932
Yes.

356
00:32:51,932 --> 00:32:56,092
In that case, then you know, you purchased
the home as -is, but if it was supposed to

357
00:32:56,092 --> 00:32:59,132
be working on the day of close, then
absolutely.

358
00:32:59,132 --> 00:32:59,452
Yeah.

359
00:32:59,452 --> 00:33:00,212
Check everything.

360
00:33:00,212 --> 00:33:05,122
Another thing is, you know, our choice is
to maybe not have closings on Friday.

361
00:33:05,122 --> 00:33:06,562
Friday's for that reason.

362
00:33:06,562 --> 00:33:09,200
So yeah, we tend to like,

363
00:33:09,200 --> 00:33:12,280
closings that are like Tuesday, Wednesday,
Thursday.

364
00:33:12,280 --> 00:33:12,470
Yeah.

365
00:33:12,470 --> 00:33:12,880
Yeah.

366
00:33:12,880 --> 00:33:16,220
Because if there's any problem, it's
easier to reach the lawyer.

367
00:33:16,220 --> 00:33:16,320
Yeah.

368
00:33:16,320 --> 00:33:17,680
And check that it's not a holiday.

369
00:33:17,680 --> 00:33:18,360
Yes.

370
00:33:18,360 --> 00:33:19,730
Or one of the new holidays.

371
00:33:19,730 --> 00:33:20,080
Yes.

372
00:33:20,080 --> 00:33:20,820
Very true.

373
00:33:20,820 --> 00:33:21,680
Exactly.

374
00:33:21,680 --> 00:33:22,220
Very true.

375
00:33:22,220 --> 00:33:23,580
That's how they sneak up on you.

376
00:33:23,580 --> 00:33:23,706
Yeah.

377
00:34:01,538 --> 00:34:05,438
Home closings, they mark the excitement of
the home buying journey.

378
00:34:05,438 --> 00:34:09,478
And once those keys are in your hand,
you're officially part of the community.

379
00:34:09,478 --> 00:34:14,018
Speaking of communities, let's shift our
focus to our local spotlight, Findlay

380
00:34:14,018 --> 00:34:14,958
Creek.

381
00:34:14,958 --> 00:34:18,978
Let's dive into the most recent sales in
Findlay Creek, as well as what makes this

382
00:34:18,978 --> 00:34:20,558
neighborhood so special.

383
00:34:20,558 --> 00:34:24,338
We're going to discuss a great local
restaurant that we really enjoyed this

384
00:34:24,338 --> 00:34:28,246
week and some other wonderful amenities to
be found in Findlay Creek.

385
00:34:28,246 --> 00:34:32,366
Yeah, so Findlay Creek is located in
Ottawa South and it's one of Ottawa's

386
00:34:32,366 --> 00:34:35,786
newest communities with development
beginning in the early 2000s.

387
00:34:35,786 --> 00:34:40,886
Yeah, the community has large property
sizes, nice wide streets and lots of parks

388
00:34:40,886 --> 00:34:44,466
making it a very family friendly place to
live.

389
00:34:44,466 --> 00:34:48,716
There's a mixture, a good mixture of
single family homes, semi -detached homes,

390
00:34:48,716 --> 00:34:52,206
town homes and even small condo buildings.

391
00:34:52,566 --> 00:34:54,786
And there's lots of things to do in
Findlay Creek.

392
00:34:54,786 --> 00:34:56,426
There's this incredible boardwalk.

393
00:34:56,426 --> 00:34:57,406
It's picturesque.

394
00:34:57,406 --> 00:35:01,726
It's a great place to walk or run and to
enjoy nature.

395
00:35:01,726 --> 00:35:04,276
There's also a fantastic dog park.

396
00:35:04,276 --> 00:35:04,806
we like that.

397
00:35:04,806 --> 00:35:05,766
That's important.

398
00:35:06,466 --> 00:35:09,986
And Findlay Creek is tucked away in a
quiet corner of the city.

399
00:35:09,986 --> 00:35:14,786
So you may just suddenly stumble across
it, but it still provides easy access to

400
00:35:14,786 --> 00:35:18,186
all the amenities that make Ottawa such a
great place to live.

401
00:35:18,186 --> 00:35:22,166
So speaking of a great place to live,
let's look at what

402
00:35:22,166 --> 00:35:24,596
has sold and is for sale there right now.

403
00:35:24,596 --> 00:35:25,936
Yeah, let's dive into that.

404
00:35:25,936 --> 00:35:31,606
Yeah, so I basically looked at the month
of May for residential.

405
00:35:31,606 --> 00:35:34,296
So there are 23 solds.

406
00:35:34,296 --> 00:35:37,436
And it's funny, they are all very proud of
their builders there.

407
00:35:37,436 --> 00:35:38,166
Yes.

408
00:35:38,166 --> 00:35:40,946
So only three of them actually didn't list
the builder.

409
00:35:40,946 --> 00:35:44,186
I thought that was really interesting
because as real estate agents, we're

410
00:35:44,186 --> 00:35:46,496
always looking on MLS to see who the
builder is.

411
00:35:46,496 --> 00:35:47,516
And yes, I'm never there.

412
00:35:47,516 --> 00:35:50,006
Anyway, so I was very happy about that.

413
00:35:50,454 --> 00:35:54,694
There are 43 actives right now and six
that are conditionally sold.

414
00:35:54,694 --> 00:35:57,094
So definitely some things to buy.

415
00:35:57,234 --> 00:36:05,014
Out of detached, there were nine that sold
and their average price was 981 ,777.

416
00:36:05,014 --> 00:36:05,194
Wow.

417
00:36:05,194 --> 00:36:07,734
With average days on market, 66.

418
00:36:07,734 --> 00:36:08,244
Okay.

419
00:36:08,244 --> 00:36:13,914
So again, those newer homes that are
built, there are a lot of great modern

420
00:36:13,914 --> 00:36:15,714
features and amenities.

421
00:36:16,794 --> 00:36:19,190
And then for Row and well,

422
00:36:19,190 --> 00:36:21,890
Town Homes, Semis and Stacked Homes.

423
00:36:21,950 --> 00:36:30,410
14 of those sold this past month with the
average of 654 ,834 and the average was 40

424
00:36:30,410 --> 00:36:31,590
days on market.

425
00:36:31,590 --> 00:36:36,970
So it seems to take a little bit of time
for these to sell, but they definitely do.

426
00:36:37,530 --> 00:36:42,570
Then condos, there's 10 that are active
right now, two conditionally sold and then

427
00:36:42,570 --> 00:36:48,854
six sold with an average of 369 ,000 and
the average days on market were 16.

428
00:36:48,854 --> 00:36:50,594
So much shorter.

429
00:36:50,854 --> 00:36:51,054
Yeah.

430
00:36:51,054 --> 00:36:51,834
Affordability.

431
00:36:51,834 --> 00:36:52,594
Yeah.

432
00:36:52,594 --> 00:36:57,654
And then rentals, well there's seven
actives, eight rented at an average of $2

433
00:36:57,654 --> 00:37:01,214
,744 a month over as the average.

434
00:37:01,214 --> 00:37:02,784
And days on market were nine.

435
00:37:02,784 --> 00:37:03,574
Wow.

436
00:37:03,574 --> 00:37:08,524
And then right now I looked, you can buy a
really cute bungalow at 133 Steadman.

437
00:37:08,524 --> 00:37:12,087
It's three bedrooms for $819 ,000.

438
00:37:12,087 --> 00:37:15,507
days on market so far are 14 so run and
grab that.

439
00:37:15,507 --> 00:37:22,527
Or a brand new townhome with a garage
three story on corpora private for $518

440
00:37:22,527 --> 00:37:23,567
,000.

441
00:37:36,231 --> 00:37:42,811
you can also buy a corner unit condo on
wood acres for $364 ,800.

442
00:37:43,051 --> 00:37:45,381
So there's some really great homes and
deals here.

443
00:37:45,381 --> 00:37:46,331
Yes, some inventory.

444
00:37:46,331 --> 00:37:47,251
That's great.

445
00:37:47,251 --> 00:37:48,395
Yeah.

446
00:37:48,395 --> 00:37:51,455
And then some of the builders that are
there because everyone is, you know,

447
00:37:51,455 --> 00:37:53,635
looking, there's still some new builds
that are happening.

448
00:37:53,635 --> 00:37:57,635
We have Tartan, Tamarack, Claridge,
Urbandale, Phoenix, and EQ.

449
00:37:57,635 --> 00:37:58,555
Great builders.

450
00:37:58,555 --> 00:38:00,595
Mega custom homes, Richcraft.

451
00:38:00,595 --> 00:38:06,635
And interestingly, EQ right now is
offering an incentive of 3 .99 % as a rate

452
00:38:06,635 --> 00:38:11,375
on a three -year mortgage subject to terms
and conditions and only on the select move

453
00:38:11,375 --> 00:38:12,415
-in ready homes.

454
00:38:12,415 --> 00:38:13,545
That's a great deal.

455
00:38:13,545 --> 00:38:14,525
That is good.

456
00:38:14,525 --> 00:38:17,595
I know everyone's so concerned about
rates, but you can get a brand new one

457
00:38:17,595 --> 00:38:18,467
there.

458
00:38:18,667 --> 00:38:24,067
Tamarack has dropped their prices on lots
of immediate occupancy in current homes.

459
00:38:24,107 --> 00:38:29,707
Phoenix Homes has Ottawa's first line of
homes with income generating suites called

460
00:38:29,707 --> 00:38:30,847
Income Series.

461
00:38:30,847 --> 00:38:32,187
I love the sound of that.

462
00:38:32,187 --> 00:38:32,887
I know.

463
00:38:32,887 --> 00:38:35,187
So this is what we've all been waiting
for, I feel.

464
00:38:35,187 --> 00:38:40,567
It's an exclusive line up of homes with
income earning basement suites and it's

465
00:38:40,567 --> 00:38:42,155
happening right here in Findlay Creek.

466
00:39:08,719 --> 00:39:13,179
And did you know that your Realtor can
help you with purchasing a new build?

467
00:39:13,179 --> 00:39:15,019
Yeah, they're working with Realtors again.

468
00:39:15,019 --> 00:39:15,899
Which is great.

469
00:39:15,899 --> 00:39:17,359
That's right.

470
00:39:17,479 --> 00:39:20,559
So contact your Realtor for your home
journey

471
00:39:45,667 --> 00:39:50,047
And did you know that they're starting the
widening of Bank Street to four lanes in

472
00:39:50,047 --> 00:39:55,067
the Findlay Creek area starting at the end
of this month actually, June 2024?

473
00:39:55,067 --> 00:40:00,087
I think that's really gonna help alleviate
some of the traffic congestion there.

474
00:40:00,087 --> 00:40:01,367
Yeah, that's great.

475
00:40:01,367 --> 00:40:03,367
It means everything is growing.

476
00:40:03,627 --> 00:40:45,615
Absolutely.

477
00:40:45,615 --> 00:40:50,535
Yes, all this growth and development
naturally leads to a thriving local scene.

478
00:40:50,535 --> 00:40:55,055
With new homes comes new residents and new
residents brings demand for great places

479
00:40:55,055 --> 00:40:56,895
to eat and socialize.

480
00:40:56,895 --> 00:41:01,595
Look no further than Findlay Creek's very
own Hunter's Public House.

481
00:41:01,595 --> 00:41:07,715
This local family run and owned favorite
has been making waves since 2016.

482
00:41:07,715 --> 00:41:10,524
Owner Charles McGinnis has created a
modern,

483
00:41:10,524 --> 00:41:16,384
inviting food focused pub featuring
innovative meals, local craft brews, live

484
00:41:16,384 --> 00:41:22,064
music and one of the best patios in the
city, Hunter's Public House, 4750 Bank

485
00:41:22,064 --> 00:41:22,704
Street.

486
00:41:22,704 --> 00:41:25,904
It's a must try even if you don't live in
the area.

487
00:41:26,977 --> 00:41:29,817
Yeah, we all visited this restaurant and
it was amazing.

488
00:41:29,817 --> 00:41:31,537
I think we can all agree on that.

489
00:41:31,537 --> 00:41:32,917
Yeah, the vibe is so great there.

490
00:41:32,917 --> 00:41:34,737
The food was amazing.

491
00:41:34,737 --> 00:41:39,033
We took some pictures of what we ate and
it's so cute in there.

492
00:41:39,033 --> 00:41:42,713
And we have to give a shout out to our
server, Kaylee.

493
00:41:42,713 --> 00:41:43,783
She was embarrassed.

494
00:41:43,783 --> 00:41:46,693
I don't know what she wanted, let's just
shout her out.

495
00:41:46,693 --> 00:41:48,933
Hey Kaylee.

496
00:41:48,933 --> 00:41:50,873
She wants us to go back.

497
00:41:50,913 --> 00:41:52,593
We'll be back to see you.

498
00:41:53,053 --> 00:41:54,553
Yeah, she was fantastic.

499
00:41:54,553 --> 00:41:59,473
And I'm sure Pol's, my husband's golf
buddies would love it there, especially

500
00:41:59,473 --> 00:42:01,553
Bart, Brandon and Berry.

501
00:42:01,773 --> 00:42:02,813
Yeah.

502
00:42:03,073 --> 00:42:05,993
Just had to mention them, apparently they
are listening.

503
00:42:05,993 --> 00:42:07,173
I love it.

504
00:42:07,173 --> 00:42:08,333
We'll find it.

505
00:42:08,333 --> 00:42:08,987
I love it.

506
00:43:15,638 --> 00:43:19,818
This just in.

507
00:43:19,818 --> 00:43:25,618
I actually just received an email from our
clients that live in Findlay Creek and I'd

508
00:43:25,618 --> 00:43:30,018
asked them what they love about the area
and so this is really interesting and

509
00:43:30,018 --> 00:43:31,138
great.

510
00:43:31,578 --> 00:43:36,658
So basically Matt says that they love the
walking trails and the pond behind their

511
00:43:36,658 --> 00:43:37,642
house.

512
00:43:37,642 --> 00:43:42,382
The tennis courts by us are also quite
great and Conroy Pitt is one of the best

513
00:43:42,382 --> 00:43:44,202
dog parks in the city.

514
00:43:45,002 --> 00:43:47,962
The close proximity to the highway is
super convenient.

515
00:43:47,962 --> 00:43:53,142
For food, they like All Out Burger,
Schwarm a Palace and Hunter's as our go

516
00:43:53,142 --> 00:43:53,482
-to.

517
00:44:43,497 --> 00:44:46,007
We really appreciate your input.

518
00:44:46,507 --> 00:44:48,517
We look forward to seeing you at Hunter's.

519
00:44:48,517 --> 00:44:49,207
Yeah.

520
00:44:49,207 --> 00:44:53,127
ladies, I think we've covered quite a
variety of topics today.

521
00:44:53,127 --> 00:44:57,407
Thanks for tuning in to another episode of
the She Sells Ottawa podcast.

522
00:44:57,407 --> 00:45:01,707
Remember, in the world of Pinterest,
perfect home, it's essential to embrace

523
00:45:01,707 --> 00:45:02,747
authenticity.

524
00:45:02,747 --> 00:45:04,587
So be real, not perfect.

525
00:45:04,587 --> 00:45:09,307
Until next time, happy house hunting and
remember, your perfect home is the one

526
00:45:09,307 --> 00:45:11,387
that reflects the real you.

527
00:45:11,387 --> 00:45:14,727
Don't forget to subscribe, share and leave
us a review.

528
00:45:14,727 --> 00:45:16,834
We love hearing from our community.

529
00:45:16,834 --> 00:45:20,594
And stay tuned for our next episode as we
answer one of our followers questions

530
00:45:20,594 --> 00:45:25,114
regarding your best ROI for improvements
to the exterior of your home to help you

531
00:45:25,114 --> 00:45:26,134
sell in the future.

532
00:45:26,134 --> 00:45:30,034
Are decks, pools, enclosed sunrooms,
extensive landscaping worth it?

533
00:45:30,034 --> 00:45:33,434
We'll discuss all this and more in the
next episode.

534
00:45:34,294 --> 00:45:36,354
Thanks for tuning in.

535
00:45:36,354 --> 00:45:37,064
Thank you.

536
00:45:37,064 --> 00:45:38,414
Thank you.

537
00:45:38,959 --> 00:45:41,319
And that's a wrap.

538
00:45:41,319 --> 00:45:41,949
There we go.

539
00:45:41,949 --> 00:45:43,129
And that's a wrap.

540
00:45:43,129 --> 00:45:44,099
And that's a wrap.

541
00:45:44,099 --> 00:45:44,969
And that's a wrap.

542
00:45:44,969 --> 00:45:46,639
And to wrap it up.

543
00:50:18,236 --> 00:50:20,516
Thank you for tuning in to She Sells
Ottawa.

544
00:50:20,516 --> 00:50:24,436
Remember, manifesting your dream home
starts with believing it's possible and

545
00:50:24,436 --> 00:50:26,756
taking those steps towards making it a
reality.

546
00:50:26,756 --> 00:50:30,616
If you enjoyed today's show, don't forget
to hit the like button, follow us for more

547
00:50:30,616 --> 00:50:34,976
great content, and subscribe to stay
updated with all our latest episodes.

548
00:50:34,976 --> 00:50:38,604
Until next time, keep dreaming big and
happy house hunting!