So I wrote a letter to the people that own my dream house in Ottawa. The house isn't for sale but as I have previously discussed
here, I finally decided to write them a letter. It's an odd time in the Ottawa housing market, I'm totally not sure if this is the right move. It seems like our housing market continues to grow (this makes NO sense!) - with number of houses being sold monthly increasing by comparison to last year. That said, houses are staying on the market longer (from an average of 30 days last year to around 40 this year) and there are wayyyyy less houses being listed for sale.
All that said, I decided to take a chance as the house I love is starting to look a little neglected. I've been watching the neighborhood for quite some time and know that houses at the low end of the scale (asking: 250,000) weren't getting sold last year. They haven't been reposted this year....A few houses on the high end (400,000) have sold so I'm curious as to what the assessed value of the home would be. If they choose to contact us, I have no idea what the next steps will be. We have strong limits on our budget and the house needs some work so that would all be factored in. Who knows? They might never reply! I will let you know ;)