05/22/2026
Upgrading in a softer market can actually work in your favour.
A lot of homeowners think a softer market is a bad time to move, but if you’re upgrading, it can create a better opportunity.
Here’s why.
Yes, your current home may sell for a little less than it would have during the peak market, but the more expensive home you’re buying may have also come down more in actual dollars.
Example:
Your current home was worth around $700,000 and drops 10%
That’s about $70,000 less
The home you want to upgrade into was worth around $1,000,000 and drops 10%
That’s about $100,000 less
That difference can reduce your upgrade gap by roughly $30,000.
So while everyone else is waiting for the “perfect market,” this may actually be the time where move-up buyers can find more options, more negotiating room, and better long-term opportunities.
If you’re thinking about moving up, message me and I’ll break down what selling and buying could look like in today’s Ottawa market. No pressure, just real numbers.
Fady Gebara
Ottawa Real Estate
613-798-6238
fgrealty.ca