Welcome to the Larry Balkwill Real Estate Group
Your HomeHome is where the heart is. It is a haven from the daily pressures of the outside world. It is an environment for you and your family to grow. It is the most important place that you know. Comfort has different priorities for different people. Some prefer elegant, sleek and luxurious, while others bond to an eclectic residence, full of personality and a feeling of comfort and “just being you”. Whether it is your first time buy or your ultimate address, your real estate agent must be on “your team” and be able to translate your needs, by presenting homes that reflect you and your needs. Selling your home is making it look to its optimum, and pricing it to invite maximum offers. You and your agent are tasked with the job of making your home appeal to prospective buyers, who have similar needs and lifestyles.
ServiceRarely, these days, do you receive personal, distinct service with complete attention to your needs. Selling strategies, beyond your expectations, ensure your satisfaction with the purchase or sale process. We want you to feel “great” about buying or selling your home.
Friends of the
Property Management and Rentals
We are also involved in residential property management in Ottawa. We deal directly with clients who want to list their property to rent, and also who need a property manager. Very competitive rates available.
June’s Resale Market Rebounds
Sales of condominium properties sold in June 2020, were down 12.1% in unit sales from June 2019. There are two main factors: a shortage of condos for sale and the effect of the Covid virus upon the market; in general. The average sale price of a condo was $360,992 in June 2020. A 17.1% increase, in price, over June 2019. Sales down; prices up.
Residential home sales in June 2020 , were up by 0.9% in units. A mere increase in unit sales as well as an increase in average sale price: 14.8% increase in average sale price to $575,623.
The resale market has rebounded to meet pent up demand. June’s new listings doubled compared to April and increased 45% from the number of listings that came onto the market in May. Ottawa is a consistent market. We will weather this storm.
Ottawa is a bubble. We will not feel the price slides and adjustments as in Toronto, Vancouver and Montreal. It is still a government town and the government is spending. Be safe.
We want to be your agents!