2013: OUR BARRHAVEN REAL ESTATE MARKET RESULTS ARE IN Wonder what your neighbour’s home sold for? It’s hard to believe another year is behind us and even though housing sales were expected to be low and the Government intended to “cool down” our market, only a slight decrease occurred compared to 2012. Ottawa remains stable and in fact this Spring is expected to start a little early this year with more listings and more people buying. Sellers will want to get an earlier start to be ahead of the competition. Buyers will want to take advantage of the great Mortgage Rates still offered. Based on MLS data for the year, a total of 1006 homes changed hands in Barrhaven. These include neighbourhoods within Barrhaven: Pheasant Run, Knollsbrook, Cedargrove, Fraserdale, Heritage Park, Barr. On the Green, Longfields, Stonebridge, Strandherd, Barr. East, and Half Moon Bay. Sales included 487 single family homes ranging in price from $250,000 to $1,725,000. Townhomes were a close second with 441 sales. These ranged in a selling price of $236,000 to $529,900. A grand total of 78 Semi Detached homes sold, ranging in selling price from $226,000 to $450,000. This compares to 2012 when a total of 1080 homes Sold. Only a difference of 74. For more information on your own home…contact me! 1 st Step to Home Ownership…Mortgage Pre-Approval Buying a home, whether it’s your first or 3 rd, can be overwhelming. Having the right Mortgage Broker can make the process easier for you. The first thing I ask all my clients is to get pre-approved so that I can work with your budget and only show homes you can afford. I have referred Jason Corrigan, Oriana Financial. I can count on Jason to be quick when a deal depends on it! He can also help with getting you the best rate with your own personal bank or other lenders. Jason is an expert in helping with unique circumstances that a bank may turn away. These include: self employment, spousal separation, purchase and refinance plus improvements, and bruised credit. Call Jason or myself to inquire about your first steps towards purchasing a home or re negotiating your mortgage. It’s a New Year…make this your resolution and solidify your goal towards home ownership. Jason Corrigan Licence #10214 #M08001855, Oriana Financial, (613) 282-4300 www.buyandsellwithsonya.com January 2014 [Edition 1, Volume 1] BARRHAVEN HOMES SONYA CRITES 613-327-8083 COLDWELL BANKER [email protected] First Ottawa Realty Your Barrhaven Neighbour and Realtor, Sonya Crites Quarterly Real Estate Update 1006 BARRHAVEN HOMES SOLD IN 2013