EcoENERGY HOME RETROFIT PROGRAM
The Federal Government recently announced the re-introduction of the ecoENERGY home retrofit program that provides grants of up to $5,000 to help homeowners make energy-efficient home upgrades.
The program will be offered until March 31, 2012; however, it could be cut off “without notice” if it reaches the $400 million allocated to it.
The reintroduced program has two new requirements. First, those wanting to participate in it must register first. After filling out a form, they will receive a registration number and instructions for the next steps in the process. To qualify, homeowners must hire a company licensed by natural Resources Canada to perform home energy audits. An evaluator will perform the inspection, and the government says within about two weeks, homeowners will get a report with a list of eligible energy efficient upgrades.
Once the upgrades are completed, a post-retrofit audit must be done before homeowners can send off their application for a cheque from Ottawa. The second new requirement is that all receipts must be kept and show to the energy auditor when the post-retrofit evaluation is done.
Friday, July 22, 2011
Friday, July 8, 2011
A Moment with Marianne....
Solid June for Ottawa home sales
Members of the Ottawa Real Estate Board sold 1,712 residential properties in June through the Board's Multiple Listing Service® system compared with 1,543 in June 2010, an increase of 11 per cent. The five-year average for June sales is 1,695.
Of those sales, 378 were in the condominium property class, while 1,334 were in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties, which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.
"It's obvious that the dream of home ownership is alive and well in Ottawa, with solid sales numbers like these. First-time buyers are out in the market in a big way, due to continued low interest rates, and after last year's HST-affected spring, we're seeing a return to what the June resale market usually looks like in Ottawa," said Board President Joanne Tibbles. The average sale price of residential properties, including condominiums, sold in June in the Ottawa area was $353,560, an increase of 8 per cent over June 2010.
The average sale price for a condominium-class property was $275,996, an increase of 9.6 per cent over June 2010. The average sale price of a residential-class property was $375,539, an increase of 7.3 per cent over June 2010.
IF YOU HAVE ANY THOUGHTS ABOUT MAKING A MOVE IN THE FUTURE, PLEASE CALL MARIANNE TO DISCUSS YOUR OPTIONS!!
Source Ottawa Real Estate Board July 2011
Members of the Ottawa Real Estate Board sold 1,712 residential properties in June through the Board's Multiple Listing Service® system compared with 1,543 in June 2010, an increase of 11 per cent. The five-year average for June sales is 1,695.
Of those sales, 378 were in the condominium property class, while 1,334 were in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties, which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.
"It's obvious that the dream of home ownership is alive and well in Ottawa, with solid sales numbers like these. First-time buyers are out in the market in a big way, due to continued low interest rates, and after last year's HST-affected spring, we're seeing a return to what the June resale market usually looks like in Ottawa," said Board President Joanne Tibbles. The average sale price of residential properties, including condominiums, sold in June in the Ottawa area was $353,560, an increase of 8 per cent over June 2010.
The average sale price for a condominium-class property was $275,996, an increase of 9.6 per cent over June 2010. The average sale price of a residential-class property was $375,539, an increase of 7.3 per cent over June 2010.
IF YOU HAVE ANY THOUGHTS ABOUT MAKING A MOVE IN THE FUTURE, PLEASE CALL MARIANNE TO DISCUSS YOUR OPTIONS!!
Source Ottawa Real Estate Board July 2011
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