Posts Tagged ‘HHT’

DND “ALL IN” ON OTTAWA WEST

DND has announced plans this week for a new operational headquarters that will be home to some 4500 civilian and military personnel. The plan right now is to have this completed by 2029. The site has not been finalized yet but DND spokesperson said it will be in close proximity to the new headquarters at the Nortel campus. It will centralize operations and involve vacating the Star Top Road facility in the East End. In the end, this will mean that this area will house over 13,000 personal when you include the 9000 that will be at the new DND headquarters when it is fully operational. Personally, I think this makes sense as it will make communication/synergy much easier and provide long-term savings. Having so many buildings scattered throughout the city has not been the most efficient way of running things.

This new building will have an interesting effect on real estate prices in Kanata and Stittsville. These areas will continue to be the locations of choice for military families. Add in the LRT line that will be operational out that way by 2029 and I believe the long-term growth of these real estate markets will be awesome.

If you are relocating to Ottawa or have any questions, please get in contact with us. This is what we specialize in.

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LACK OF INVENTORY CHALLENGING ON HHTS

Ottawa is the most challenging place in the country to buy a property right now. According to the Canadian real estate association, Ottawa is the hottest market in Canada and it’s not even close! This presents an interesting set of challenges for military buyers. They have only limited time on their house hunting trips. There is much less to look at and you really can’t start favouriting too much before you arrive because the good houses are usually sold. I have been trying my best to get off-market listings ready for my clients before they arrive. This past week we had some great success with Corey and Marie who bought a house that was off-market. It was a brand new house that had closed only a few weeks earlier. It was the first place they looked at on Monday and it stood up against everything else we looked at. These exclusive opportunities are one way I am trying to give my military house-hunting clients a leg up over the competition. It is the second off-market deal we have done in this regard this year. In both cases, it was a win-win for everyone involved.

If you or someone you know is relocating to Ottawa please feel free to get in touch. This is what we specialize in.

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PLANNING A HOUSE HUNTING TRIP

TOP HHT TIPS

If you have been transferred to Ottawa and are booking a house hunting trip there are a few important things to consider. Here are my top 3 tips:

1) Resale: Find a house that does not have any major strikes against it. This could be power lines in the backyard, house on a really busy street, it has an unusual layout or some type of stigma attached to the house/area. You have to make sure the house can be sold quickly on the other end when/if you are posted outside of Ottawa. Exceptions can be made if the price is very good.

2) Location: Find a location/neighbourhood close to transit, has good resale and is accessible to good schools. I can help guide you in this respect. I have good knowledge of all the areas in Ottawa.

3) Realtor: As you know this week is going to be very important for you. Your new home/area can in some ways dictate how you will enjoy your time in Ottawa. It is important to get aligned with a great Realtor who is familiar with house hunting trips. There is no time for mistakes.

If you have any questions about your posting to Ottawa please feel free to get in touch. I am always reachable via my cell at 613-863-6999 or email.