BC Real Estate News
Tax Fairness for Homebuyers This spring, REALTORS® around the province are meeting with their MLAs to talk about the impact provincial shelter taxes (that is, the Harmonized Sales Tax and Property Transfer Tax) have on homebuyers. BCREA and REALTORS® believe the following actions will help restore tax fairness: Increase the 1% Property Transfer Tax threshold from $200,000 to $525,000, with 2% applying to the remainder of the fair market value. Index the 1% Property Transfer Tax threshold of $525,000 using Statistics Canada’s New Housing Price Index, and make adjustments annually. Index...
Read MoreFebruary 2011 Comox Valley Sales Stats
Market Normalization for VIREB area NANAIMO, BC – Multiple Listing Service® (MLS®) sales summary data released by the Vancouver Island Real Estate Board (VIREB) for February 2011, shows a 3% decline in unit sales compared to February 2010 but a 36% increase over last month. HERE ARE THE SALES STATS FOR FEBRUARY, 2011 FOR THE COMOX VALLEY AREA: 02-feb_11_comox_valley_home_sales_map 02-feb_11_comox_valley_graphstats Likewise the average price of a single family home sold in February 2011 through the VIREB MLS® system was $338,882 down 1% from the $342,047 posted in...
Read MoreDetermining the Appropriate Property Value and Offer Price
Here are some things for Buyers to Consider when Determining the Appropriate Property Value and Offer Price. As a very good agent, I can help you with all these things Determining the value of home can be sometimes a difficult task for a buyer. Just as there are many factors that can impact a home’s value, the details and potential success of your offer also rely on several pieces of information. If you are thinking about buying a home, you may want to consider the following tips to gain a better understanding of property values. By utilizing these recommendations and discussing the...
Read MoreTips for Finding the Right Home for Your Family
When beginning the process of finding a new home, it is often difficult to know where to begin. Before researching the market or analyzing housing options, home buyers may want to start by prioritizing their family’s needs, determining what are “need-to-haves” and what are “nice-to-haves.” Below are some factors you may want to consider when trying to find the right home for your family. The search begins When you begin searching for the right home for your family, you may first want to determine what would be the best location. One of the best ways to find a home location that...
Read MoreGetting your house ready to sell
When getting your home ready to sell, you need to look at your house in a new way. Think of your house as a product about to go on the market where it is probably competing with brand new housing. It needs to show well – which means clutter-free and well kept. Today’s homebuyers lead busy lives and may not be interested in taking on major repairs or improvements upon moving in. You need to make your house a “10”. This document will help you spot what is right and what is not so good about your “product”. It will give you the opportunity to take corrective action to ensure...
Read MoreJanuary 2011 Sales Stats
Here are the new Comox Valley Real Estate Sales figures for January, 2011. These stats detail all of the sales activity for the area, and will give you a good idea on what has been happening in the Comox Valley Real Estate marketplace. The home sales map focuses on single family homes, and will give you information on the average sale prices in the regional...
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Owen has lived in the Comox Valley for over 30 years. He loves the Comox Valley, and the people who live here! His strong negotiating skills and great personality make him the right choice for your real estate needs. 