The Evans Real Estate Group Blog

The Beginner’s Guide to Real Estate Investing: 3 Smart Entry Points

If you’re thinking about getting into real estate investing, there’s one rule you need to remember right out of the gate: risk and reward go hand in hand. The lower the risk, the lower the potential return—but also the fewer headaches. The higher the risk, the greater the potential for profit, but only if you know what you’re doing.

That’s why the first step in real estate investing isn’t picking a property—it’s assessing your own resources and skill level. How much capital do you have? How comfortable are you with renovations and property management? Once you know where you stand, you can decide which entry point makes the most sense for you.

Here are three great beginner-friendly real estate investment options, ranked from lowest to highest in terms of required resources and skill:

1. The Hands-Off Approach: New Build Condo or Townhouse

Best for: Investors who want a low-maintenance, low-risk option.

If you’re looking for a relatively straightforward way to get started, buying a pre-construction condo or townhouse is a great option. These properties are new, meaning minimal repairs and maintenance, and they often come with a builder’s warranty.

Pros:

Lower upfront maintenance costs
Strong rental demand in growing areas
Hands-off property management if desired

Cons:

Higher purchase price per square foot
Condo fees can eat into profits
Limited ability to add value through renovations

If you want a set-it-and-forget-it type of investment, this is your best bet. Just be sure to research the developer and the long-term rental market in the area before signing on the dotted line.

2. The Income Generator: Bungalow with a Secondary Dwelling

Best for: Investors who want to maximize rental income without a massive renovation project.

If you have a bit more capital and don’t mind being a landlord, buying a bungalow with an existing secondary dwelling (like a basement suite or coach house) can be a fantastic move. You’ll benefit from two rental incomes off one property, which can help offset mortgage costs and increase cash flow.

Pros:

Built-in income stream from day one
Greater affordability than a multi-unit building
Stronger appreciation potential than a condo

Cons:

Requires property management skills
Potential for tenant-related issues
Some municipalities have strict regulations on secondary units

This is a great middle-ground option for those who want more cash flow without diving into full-scale renovations.

3. The Value-Add Play: Home with Secondary Dwelling Potential

Best for: Investors with some experience or a willingness to take on renovations.

For those who want to force appreciation and maximize returns, buying a home with secondary dwelling potential can be an incredible opportunity. This means purchasing a property that doesn’t yet have a second suite but could be converted with the right permits and renovations.

Pros:

Ability to buy below market value and add instant equity
Higher rental income once renovations are complete
Greater control over the design and layout of the secondary unit

Cons:

Requires more capital upfront
Zoning and permits can be a hurdle
Renovations can be unpredictable

This strategy requires a keen eye for opportunity and a solid understanding of local bylaws. If you’re up for the challenge, it’s one of the best ways to build wealth through real estate investing.

Which Option is Right for You?

Each of these strategies has its place, but the best one for you depends on your comfort level with risk, your available capital, and how involved you want to be. If you’re new and want to play it safe, go for a new build condo or townhouse. If you want higher returns but a manageable level of risk, a bungalow with a secondary dwelling is a solid middle ground. And if you’re willing to put in the work for maximum upside, a home with secondary dwelling potential could be your best bet.

No matter where you start, remember: successful real estate investing is about making smart, calculated decisions, not emotional ones. Assess where you are today, pick the right strategy, and take that first step toward building your real estate portfolio.

Real Estate Development

Exciting New Development in Orleans: What You Need to Know About 1615 Orleans Blvd

A brand-new residential project is on the horizon in Orléans, and if you’re a homeowner, investor, or simply someone who loves keeping up with the evolution of our city, this is one you’ll want to watch. Located on Orléans Boulevard in the open field near the Independent Grocer and essentially beside the Rexall, this proposed development is set to bring modern, low-rise rental townhomes to the area—blending contemporary design with much-needed housing options.

The Vision for 1615 Orleans Boulevard

This new development is more than just another apartment complex; it’s a carefully planned residential community. The proposal, submitted in early 2023, outlines a total of 60 back-to-back townhomes arranged across four blocks. Designed with a sleek, modern aesthetic, these homes will integrate seamlessly into the surrounding neighborhood while offering fresh, contemporary living spaces.

What Makes This Project Stand Out?

One of the most exciting aspects of this development is its focus on enhancing the urban landscape. The plan prioritizes pedestrian-friendly spaces, green areas, and a well-thought-out connection to the surrounding commercial amenities. Situated at the corner of Jeanne D’Arc Boulevard and Orléans Boulevard, the site is within walking distance of grocery stores, parks, schools, and transit options—making it a prime location for families, professionals, and renters looking for convenience and accessibility.

Why This Matters for Orleans

As the demand for housing continues to rise, especially in suburban areas like Orléans, projects like this are crucial for meeting the needs of our growing community. With a zoning designation that allows for mixed-use development, this site was a natural fit for residential expansion. The addition of 60 rental units will provide more options for those looking to move into the area while also increasing property values for homeowners nearby.

What’s Next?

As of now, the project is still in the Site Plan Control phase. That means final approvals and potential modifications are still in progress. If you’re interested in learning more, you can review the official site plan documents here. We’ll be keeping an eye on this development and providing updates as the project moves forward.

Stay tuned for more insights on what’s happening in Orléans’ real estate market. If you’re thinking about buying or selling in the area, let’s chat! Our team is here to help you navigate the opportunities this vibrant community has to offer.

Real Estate - ANALYSIS, Thought Process - THOUGHT PROVOKING

How Evolutionary Instincts Shape Ottawa’s Real Estate Migration Patterns

Ever notice how people naturally gravitate towards certain neighborhoods, housing types, and communities? Turns out, it’s not just about affordability or convenience—it’s wired into us. Two key psychological concepts, the Dunbar Principle and the Savanna Theory of Happiness, explain why people move the way they do. Understanding these instincts helps us predict migration trends in Ottawa’s real estate market and, more importantly, helps you make smarter buying or selling decisions.

The Dunbar Principle & The Need for Community

The Dunbar Principle suggests that humans can maintain meaningful social relationships with about 150 people—this comes from our evolutionary past when small, tight-knit groups were the key to survival.

How does this relate to Ottawa real estate?

Buyers today aren’t just looking for square footage; they’re looking for connection. Young professionals, growing families, and even downsizers want communities that offer familiar faces, a sense of belonging, and walkability to social hubs. It’s why areas like The Glebe, Westboro, and Barrhaven are so popular—walkable streets, community events, and vibrant local businesses make them feel like modern versions of ancient villages.

For sellers, this means that marketing your home isn’t just about showcasing the granite countertops. It’s about selling the lifestyle—the neighborhood coffee shop where the barista knows your name, the local park where neighbors gather, and the farmers’ market that brings people together. The more you can highlight the built-in sense of community, the more desirable your home becomes.

The Savanna Theory of Happiness & The Pull Toward Space

The Savanna Theory of Happiness argues that humans are happiest in environments that resemble the landscapes where our ancestors thrived—open spaces, greenery, and the balance of nature and community.

This explains why we see so many young families migrating out of the downtown core to suburban and semi-rural areas like Manotick, Stittsville, and Rockland. The appeal isn’t just bigger backyards—it’s the subconscious pull towards environments that align with our evolutionary happiness triggers.

Sellers looking to downsize should take note: empty nesters moving from the suburbs to the city aren’t just looking for a condo—they’re looking for a new kind of freedom. While they’re giving up space, they’re gaining proximity to urban parks, bike paths, and social hubs, which satisfy that same savanna-like need for balance between movement and connection.

How This Applies to You—Whether You’re Buying or Selling

Understanding these migration patterns can help you strategically position yourself in the market.

For Buyers: If you’re debating between urban and suburban, consider not just your current needs, but where you’ll feel most at home in five years. Do you thrive in a high-energy, walkable environment, or do you crave more space and access to nature?
For Sellers: Knowing where your likely buyer is coming from (both literally and psychologically) allows you to tailor your home’s marketing to highlight what really matters to them—whether it’s community engagement or a retreat from the noise.

The Big Takeaway? We Move the Way We’re Wired To

Every real estate decision, whether buying or selling, is shaped by instincts far older than the housing market itself. By understanding these deeper motivations, you can make better, more informed decisions—ones that don’t just fit your budget, but fit your nature.

Looking to make a move that aligns with how you’re wired? Let’s talk.

Real Estate Sales, Thought Process - THOUGHT PROVOKING

Trading Real Estate without a good agent is like being the “I see RED” guy rolling with a Black Belt

Might seem like a good idea at first. They don’t know me son!

We’ve all met someone like that. There’s always that one guy who comes into the gym and goes all-in, thinks they have it figured out and then gets humbled fast.

Same thing happens in Real Estate. Someone thinks they’re going to save tens of thousands of dollars by skipping the supposed useless agent, only to get absolutely bombarded with an avalanche of issues they didn’t even know existed.

I bet you didn’t know you could get choked out with your own arm, and I bet you didn’t know that those cracks in your foundation aren’t actually structural and don’t need a 50K reduction as per the overpriced quote from a random company. There are dozens and dozens of tactics that can and will be used against you if you choose to go at this alone, and you’re doing it completely at your own risk.

Just like how a stupid sweep or leg lock will appear out of nowhere, bad contracts, hidden fees and negotiation pitfalls will catch you too.

Think you can handle negotiations, inspections and paperwork alone? That’s like going hard for 3 minutes with a black belt and wanting to die 1 minute in.

Don’t believe me?

Meet my professor. The nicest, softest speaking, PHD candidate, quiet and kindest guy ever. Probably walks with his head down and hands in his pockets. Also 6 foot 3 and 220lbs and will break whichever series of bones on you he wants to just for the sound of it.

Why wouldn’t you want that guy on your side?

You really have no idea what traps lurk out there for you.

In all seriousness – consider this… WHY IS IT that my most wealthy and successful clients NEVER go at it alone, and always pay full pop for a Realtor?

WHY?

I’ll tell you – because they’ve BEEN AROUND and they KNOW they can get more done and have a higher potential for success by leveraging a professional.

They know a skilled agent, coach and black belt can save you unnecessary time, money and pain.

Don’t see red.

See green – let’s make some money and win.

Real Estate Sales

Reaching Buyers Who Don’t Live Here (Yet)

I met a really rich guy over 10 years ago that was selling a few million dollar penthouses (yes… a few of them). He explained to me how a young kid like myself (at the time) could essentially take over the luxury home market with some good old fashioned hard work and strategic thinking.

“You see”, he begun to explain, “the current top dogs have the market cornered, and most of the wealthy people in this City desperately want some other options”. He took a deep breath and said “None of us want an agent. We want Buyers for our homes -the problem is that we don’t have the means to find them”.

Interesting, I thought. “So… what would be the best means to find them” I asked.

“Well it certainly isn’t just cornering the market through local connections – most of the Buyers aren’t from here – they’re from all over the world.”

He continued “If you were to take your time and build out a list of top agents in all the major markets of the world, open lines of communication with them for the purposes of selling Ottawa as a destination and yourself as their contact to show your homes to – you would clean up”.

So guess what I did. I leaned into the Remax Network which has offices all over the world and started doing research and opening lines of communication.

As it stands now, I have personally curated rolodex of many of the top agents in China, India, Philippines, Nigeria, London and France. While Remax is in literally 104 more countries, those 6 that I mentioned contribute to the vast majority of immigration to Ottawa specifically.

So my strategy as it stands, is to regularly send these contacts reasons for moving to our City, updates on what makes it so attractive, as well as… you guessed it.. my listing inventory.

Now is it a guarantee that I will sell your townhouse to someone in Manila? Not really.

But that’s not really the point either.

The point is that I am constantly and deliberately working on my system to get your home in front of the best Buyers – and a major part of that system is to focus on Product Placement.. that is.. WHERE your home is advertised.

In today’s world, it’s just a fact that the local MLS might not have enough of a reach to find Buyers who aren’t here yet.

Market Update, Real Estate - ANALYSIS

How the Bank of Canada is Shielding the Economy from Potential U.S. Tariffs

The Bank of Canada’s recent Monetary Policy Report has caught the attention of many, especially with the looming possibility of new U.S. tariffs. Given our close economic ties with the U.S., such tariffs could have significant implications for our economy. But fear not—the Bank of Canada has a game plan to keep us on course.

The Tariff Talk

There’s been chatter about the U.S. imposing new tariffs on imports, which could directly impact Canadian exports in sectors like manufacturing, energy, and agriculture. If these tariffs come into play, we might see a slowdown in trade, businesses feeling the pinch, and potential fluctuations in the Canadian dollar. The Bank of Canada acknowledges these uncertainties and is gearing up to tackle them head-on.

The Bank’s Playbook

So, what’s the strategy? Here’s how the Bank of Canada is positioning us to weather potential storms:

Cutting Interest Rates
In January 2025, the Bank trimmed the target overnight rate by 0.25% to 3%. This move aims to make borrowing more affordable, encouraging businesses and consumers to keep investing and spending, even amidst trade uncertainties.
Keeping Inflation in Check
With inflation close to the 2% target, the Bank is maintaining price stability. This approach ensures that businesses can plan with confidence, knowing that sudden price hikes aren’t on the horizon.
Pausing Quantitative Tightening
The Bank has also hit the brakes on its quantitative tightening program. By maintaining its bond holdings, it ensures there’s ample liquidity in the financial markets, supporting lending and investment across various sectors.

Looking Ahead

While we can’t control U.S. trade policies, the Bank of Canada’s proactive measures are designed to keep our economy resilient. For businesses and investors, this approach offers reassurance that we’re equipped to handle potential challenges.

As always, staying informed and prepared is key. With the Bank’s strategies in place, Canada is well-positioned to navigate any uncertainties that come our way.

Feel free to share your thoughts or ask questions in the comments below. Let’s keep the conversation going!

Real Estate Sales

How PropTx is Changing the Game for Home Buyers and Sellers

At the Evans Real Estate Group, we’re always looking for ways to improve the home buying and selling experience for our clients. That’s why we’re excited about the recent introduction of PropTx, a cutting-edge platform now used by many REALTORS® in Ottawa, including our team. PropTx isn’t just a fancy new tool for agents—it’s designed to streamline the entire real estate process and deliver real benefits to home buyers and sellers. Here’s how:

For Home Buyers: Making the Process Smoother and More Transparent

Access to Real-Time, Accurate Information 🏡
PropTx integrates MLS® and land registry data, meaning buyers can trust the information they’re getting about homes on the market. Whether it’s the latest listing price, home features, or even neighborhood data, you’ll always have up-to-date details at your fingertips.
Smarter, Faster Communication 📲
The platform allows REALTORS® to communicate faster and more efficiently with buyers. This means fewer delays in receiving answers to your questions, scheduling viewings, or submitting offers. In a competitive market, speed can make a big difference!
Detailed Neighborhood Insights 🌳
Through integrated tools like HoodQ, buyers can get comprehensive neighborhood reports, including information on schools, parks, transit, and local amenities. Knowing what’s nearby can help you make a more informed decision when choosing a home.

For Home Sellers: Streamlining the Sale Process

Faster Offer Management 📄
With tools like SkySlope Offers, managing offers is easier than ever. Offers are submitted, tracked, and organized digitally, ensuring nothing gets missed. Sellers can review multiple offers quickly and easily, making it simpler to decide on the best deal.
Increased Visibility and Listing Performance 📈
PropTx includes tools like ListTrac, which tracks how much interest your property is generating. Sellers can see how many views their home is getting online and how well it’s performing compared to other listings in the area.
Compliance Made Easy ✅
Selling a home involves a lot of paperwork, including regulatory compliance. PropTx streamlines this process, ensuring that all forms and documents are handled correctly. This reduces stress and gives sellers peace of mind knowing everything is being done by the book.

The Evans Real Estate Group Advantage

At The Evans Real Estate Group, we’re committed to staying ahead of the curve when it comes to real estate technology. Our adoption of PropTx means we can offer our clients a faster, more transparent, and stress-free experience—whether you’re buying your first home or selling a property you’ve loved for years.

If you’re thinking about buying or selling in the Ottawa area, let’s chat! With the power of PropTx and our dedicated team, we’ll help you navigate the process smoothly and successfully.

Real Estate - ANALYSIS

Why Time in the Market Matters More than Timing the Market

The primary financial advantage of owning real estate is the equity you build as your mortgage is paid down. The longer you wait, the more time you lose to grow that equity. Even if rates drop, higher prices can erase any savings on interest. In many cases, those who wait to buy end up with less equity and fewer financial gains in the long run.

The Numbers: Buying Now vs. Waiting for Lower Rates

Let’s compare two scenarios:

Scenario 1: Buying Now

Home price: $700,000
Down payment: 20% ($140,000)
Mortgage amount: $560,000
Interest rate: 3.25%
Amortization: 25 years

Using these terms, the monthly mortgage payment is approximately $2,730. Here’s how much principal is paid down and equity is built over the first 30 months:

Month	Equity Built
6	$8,300
12	$17,000
18	$26,000
24	$35,400
30	$45,000

By month 30, you will have built $45,000 in equity, just from principal paydown. This doesn’t include any potential home appreciation, which could further increase your total equity.

Scenario 2: Waiting for 6 Months for Rates to Drop

Home price (after 6 months): $730,000 (a 4.3% price increase)
Down payment: 20% ($146,000)
Mortgage amount: $584,000
Interest rate: 2.75%
Amortization: 25 years

At the lower rate, your monthly payment would be about $2,686. However, because you waited 6 months, you only have 24 months left in this comparison. Here’s the equity built over the next 24 months:

Month	Equity Built
6	$7,800
12	$16,200
18	$25,100
24	$34,800

By month 30, you’ll have built $34,800 in equity, which is $10,200 less than if you had bought earlier at a higher rate. Even with a slightly lower monthly payment, the missed time for equity-building results in a smaller total gain.

Key Takeaways

Delaying your purchase means losing equity-building time. Even with a lower rate, the missed opportunity for principal paydown can cost you tens of thousands of dollars in equity over a short period.
When rates drop, prices typically rise. Ottawa’s real estate market tends to experience price surges when borrowing becomes cheaper, meaning any savings on interest are often offset by higher home prices.
Wealth in real estate comes from holding property long-term. The longer you own your home, the more equity you build through both principal paydown and potential price appreciation.

Final Thoughts

If you’re waiting for lower rates before buying your home in Ottawa, think carefully about the true cost of waiting. The sooner you start building equity, the better your long-term financial position will be. With the right strategy—and a trusted real estate advisor—you can navigate today’s market confidently and make a smart investment in your future.

If you have questions about whether now is the right time to buy or sell, contact us at Evans Real Estate Group. We’re here to help you make informed decisions that build lasting wealth.

Real Estate Sales

How to Sell Your Home in the Winter (and Win the Market)

Winter in Ottawa may seem like an unlikely time to sell, but it’s actually full of opportunities. With fewer listings, less competition, and motivated buyers braving the cold, you can position your home to stand out and shine.

Here’s how to make your winter sale a success:

1. Maximize Your Curb Appeal (Even in the Snow)

Snow and ice can hide your home’s best features. Keep pathways shoveled and salted, light up your entryway, and add evergreen wreaths or winter planters for a warm touch. Buyers should see your home as inviting, not frozen over.

2. Light is Your Best Friend

Winter days are short, and natural light is limited. Inside, open blinds, turn on all lights, and use warm-toned bulbs for a cozy glow. Outside, add pathway lights or soft spotlights to create a welcoming evening appeal.

3. Highlight Energy Efficiency

Ottawa winters remind buyers of heating bills. Showcase energy-efficient features like new windows, upgraded insulation, or a smart thermostat. These upgrades make a strong selling point in winter months.

4. Create a Cozy Atmosphere

Make buyers feel right at home.

Turn up the heat (comfort matters).
Use seasonal décor—like a throw blanket or candles.
Offer warm touches during showings, like freshly baked cookies or hot drinks.

5. Work With a Market Expert

The winter market has fewer listings, but buyers are serious and ready to act. Having the right agent ensures you market your home effectively to attract motivated buyers and close on your terms.

Final Thoughts

Selling in winter doesn’t have to be a challenge. With the right preparation and strategy, your home can stand out and sell for top dollar—even when the snow is falling.

📞 Contact me today to discover how we can make your winter sale a success!

Real Estate Sales

What Buyers Really Want: Energy-Efficient Homes

Did you know that energy-efficient homes are now topping the wish list for today’s buyers? With rising energy costs and growing environmental awareness, buyers are prioritizing efficiency—and sellers who adapt stand to gain big.

Why Buyers Care About Energy Efficiency

Rising energy costs make efficient homes more affordable immediately and over the long term. Lower monthly bills are a big selling point for buyers watching their budgets.
Environmental awareness is driving demand for greener living. More buyers want homes that reduce their carbon footprint.
Smart buyers see energy-efficient upgrades as an investment, not just a feature. For them, it’s about saving money, adding comfort, and protecting the planet—all at once.

Easy Energy-Efficient Upgrades for Sellers

If you’re planning to sell, you don’t have to break the bank to make your home more energy-efficient. Here are a few simple upgrades that buyers love:

LED Lighting: Replace outdated bulbs with energy-saving LEDs. They last longer and cut utility costs.
Improved Insulation: Focus on attics, basements, and walls—key areas where heat escapes.
Energy-Efficient Windows: Double or triple-pane windows reduce drafts and lower heating/cooling bills.
Smart Thermostats: These allow buyers to optimize energy usage and lower monthly costs with ease.
Major Upgrades: Solar panels, high-efficiency HVAC systems, and tankless water heaters are investments that truly stand out.

The Financial Impact

Energy efficiency isn’t just a buzzword—it’s a selling point. Here’s why:

Homes with energy-efficient features often sell faster and for more money because buyers see the immediate and long-term value.
Buyers are willing to pay a premium for homes that promise lower utility bills and a smaller environmental footprint.

Why This Matters for Sellers

For homeowners looking to sell, energy-efficient upgrades aren’t just “nice to have”—they’re what buyers are actively searching for. Even small changes can make a big difference in attracting offers and increasing your home’s appeal.

Want to know how energy-efficient upgrades can boost your home’s value? Send me a message—I’d love to chat!