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8833 Copeland Road, featuring nearly 3000 square feet of livable space, on 2.55 acres just outside Stittsville!

This home has it all!

Triple Car, Fully-Insulated and Heated Garage with Epoxy Flooring!

Large Primary Bedroom featuring a very generous WIC and 5 pcs Ensuite!

Not One, but Two Junior Suites featuring their own Ensuite Bath

A Fantastic Basement Rec Space with Bar featuring 9 Ft Ceilings and a Spacious Gym that could be a 4th Bedroom

Private Lot surrounded by Trees!

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July Market Commentary

July Market Stats are out! No one living in Ottawa needs a reminder that we're in the dog days of summer - hopefully your AC is working!

Late July typically experiences a summer-lull as buyers and sellers go away on holidays and are pre-occupied with other family commitments.

The summer slowdown has brought an increased level of inventory with 4205 active listings on the market, an increase of 14% over 2024, further demonstrated by the increase in months of inventory now at 3.2 (right in the middle of a balanced market) and the highest since 2017 (months of inventory in July were 3.3). The sales activity is relatively strong, as July had the highest number of sales since 2021, with prices remaining resilient - SFH (Single Family) up 2% y/y, apartments dropping 1.6% y/y and townhomes representing the biggest increase by far with an 8.3% increase y/y. As always, specific properties even within each segment, can perform quite differently based on a number of factors (specific location/build, builder, condition, amenities, etc.) and it's important to look at market aggregates as a representative of the market as a whole, and not for evaluating specific properties.

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I'd like to say a big congrats to my buyers on purchasing their forever home, I couldn't be more happier for them.  I know they'll love it here!
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June Market Report
Bammo!  The Residential Market Report in June really was a tale of two cities - freehold residential properties, which were very strong - 5.2% year/year, and apartment style condos which continue to struggle, with months of inventory for apartment condos now up to 4.2 (versus 2.3 for townhomes).  June sales as the market as a whole was strong, sales were up 3.8% above the five year average and new listings increased 14% year/year.   It's important to note that despite a higher level of relative listings, that the market is still very property-specific and certain areas, style of homes, builder, etc. can produce very different selling results
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May Market Report

Spring is finally here!  May weather is making up for April’s inclement weather, and buyers (much alike to June bugs out of hibernation) are coming out of the woodwork.  Days on Market are down, sales and listings are both up; y/y but especially so over April.  Active listings have surged to over 50% higher than the five year average, but despite this the home price index for all property classes is higher y/y, with the exception of apartment-stlye condos.  It’s important to note that averages do not reflect property-specific characteristics, when evaluating homes for sale.  Homes that are marketed well and priced accordingly, are demonstrating very strong sales. 

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Sold!

Congrats to my seller on the firm sale of her beautiful home! 25 years of family gatherings, easter dinners and backyard entertaining will forever me immortalized and cherished and she prepares for the next stage in her life. And although it might feel bitter sweet leaving our home after such a long time, today marks a new chapter to not only create new lasting memoires with friends and family, but also meet new friends we haven't yet met along the way.

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Categories:   Ottawa Real Estate
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