From the blog...

Choosing a House with Good Resale Potential

Posted on: March 27th, 2015 by Chris Scott

If you are posted to Ottawa and are planning your house hunting trip, there are some important factors to consider. It is not easy to relocate to a new city and find a good neighbourhood, highly ranked school, and a suitable house. To do so in a few days is a daunting task. Having a good Realtor can certainly help! One with experience dealing with these type of relocations.

As you know, once you move to Ottawa you can be posted at a moments notice. That is why you need to find a house that is very re-sellable. For military clients we can use the 2 strikes approach. Do not buy anything that might have adverse effects on resale- If you do, make sure it has only one strike!  examples being-

-houses on very busy streets

-houses backing onto or in close proxminity to power lines.

-buying in neighbourhoods with lowly ranked schools

-rural style houses. These can be more difficult to re-sell

-most expensive houses in a particular segment.

-houses with neighbours who do not care about the appearance of their homes.

-houses backing to other commercial buildings or busy streets

I can go on and on! The most important factor is making sure you pay a fair price. You can’t afford to overpay for a home. You could be on the move in a few years and don’t have time for the market to catch up to an over-inflated value. Of course I can help make sure this doesn’t happen.

If you want to chat about your upcoming posting or house hunting trip in Ottawa please feel to get in touch. My cell is 613-863-6999.


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