I have sold a property at 4 6325 Metral Dr in Nanaimo.
Double wide, 3 bed home that is in move in condition. Located in the popular Sharman Park this home will not disappoint. No wood panelling here as has been drywalled throughout with newer updates including gas fireplace, flooring, kitchen, appliances, windows and paint. The roof is believed to be from around 2008 and the hot water tank 2014. Large 3 bedroom home with a spacious master that has a 2 piece ensuite and then 2 more bedrooms or 1 could be used as a den/office. Outside is ideal for the keen gardener as is landscaped with raised beds, sprinkler system and storage shed, plus has an enclosed private nat. gas bbq area. There is also a carport with an attached room that could be used for storage, crafts or a workshop...
Read full post

Happy New Year and welcome to the first monthly real estate market report of 2022.

Well what a year it has been... yet again. We have seen a continued shortage of properties for sale with an abundance of buyers which has resulted in many multiple offers on homes listed for sale. On the graphs below we have added the average % changes for the whole year so you can see that there has been a 30% increase in sales but a 37% decrease (50% in Parksville/Qualicum) of active listings of single family homes. This has been the main driving force which has seen prices rise approximately 30% in the Nanaimo-Parksville/Qualicum region when compared to the previous year.

In both areas the number of sales peaked in March and that was also the month we saw the most properties get listed for sale. December was...
Read full post

I thought this would be useful for buyers of real estate as multiple offers are so common at present.

These are the key items sellers will look at in offers they receive:

1- The offer price
2- The subject clauses
3- The deposit amount
4- The completion and possession dates.

So lets look at these in reverse order.

4- We normally have an indication of the seller's preferred closing so would try to accommodate their dates.

3- A higher deposit amount is preferred even though it does not make any difference to the final purchase price. However, if there are two offers that are very similar it could make a difference as the offer with the higher deposit can show a buyer that is more committed to the purchase.

2- The fewer the subject clauses there are in a contract the more attractive the offer...
Read full post

I have sold a property at 2664 Jasmine Pl in Nanaimo.
Welcome to Jasmine Place in Benson View Estates, located in the popular Diver Lake area. This delightful 1,545 sq ft rancher is in move in condition with 3 bedrooms and 2 bathrooms. There is a gas fireplace in the spacious living room and a large kitchen/dining area with island, so plenty of flexibility with the layout. There are 3 bedrooms with the primary having a walk-in closet and 3 piece ensuite. Outside the rear garden is fenced, has a patio area, raised beds for those green fingered gardeners and a storage shed. The front has a delightful porch area with views of Mt Benson and has off-street parking as well as a double garage. Being on a cul-de-sac this is a quiet area with the only traffic generally being the neighbour's....
Read full post

Seasons Greetings

Welcome to the last monthly real estate statistics newsletter for 2021. The December 2021 and the annual statistics will be out in January. 

I hope you all have a great Christmas and a happy and healthy 2022.



Real Estate Statistics





 
 
Synopsis for Nanaimo

The graphs below show the median sold price, sold numbers and number of new listings since the beginning of each year (freehold homes only.)

Median Sold Price:


 

Sold Numbers:


 
 

Number of new listings:


 

The following graphs shows the % difference of the housing price index (HPI) from the same month 12 months ago. It is split into the different sub-areas (the overall figure for Nanaimo is on the left of the graph) and is for single family homes.


 
 

The following graphs are for Nanaimo...
Read full post

I have listed a new property at 4 6325 Metral Dr in Nanaimo.
Double wide, 3 bed home that is in move in condition. Located in the popular Sharman Park this home will not disappoint. No wood panelling here as has been drywalled throughout with newer updates including gas fireplace, flooring, kitchen, appliances, windows and paint. The roof is believed to be from around 2008 and the hot water tank 2014. Large 3 bedroom home with a spacious master that has a 2 piece ensuite and then 2 more bedrooms or 1 could be used as a den/office. Outside is ideal for the keen gardener as is landscaped with raised beds, sprinkler system and storage shed, plus has an enclosed private nat. gas bbq area. There is also a carport with an attached room that could be used for storage, crafts or a workshop...
Read full post

Welcome to the monthly real estate statistics newsletter.
 
Real Estate Statistics




 
 
Synopsis for Nanaimo
 
The graphs below show the median sold price, sold numbers and number of new listings since the beginning of each year (freehold homes only.)

Median Sold Price:


 
 
Sold Numbers:


 
 
Number of new listings:


 
 
The following graphs shows the % difference of the housing price index (HPI) from the same month 12 months ago. It is split into the different sub-areas (the overall figure for Nanaimo is on the left of the graph) and is for single family homes.


 
 
 
The following graphs are for Nanaimo and show the sales numbers against new listings and sales numbers against total active listings. This is helpful to show how the market is...
Read full post

I have sold a property at 29 Honey Dr in Nanaimo.
Nice move in ready spacious mobile home in a quiet park. This 2 bed/1 bath unit is just under 1,200 sq ft and has some nice updates - vinyl siding, vinyl windows, newer oil tank, updated bathroom and kitchen. There is a large primary bedroom with double closets and also a spacious family room as well as the good sized living room. There are two storage sheds plus a smaller tool shed as well as low maintenance rear yard. The home is clean and tidy and just waiting for its next owner. The park is 55+ and 2 small pets are allowed. Measurements are approximate and should be verified if important.
Read full post

I have sold a property at 90 5854 Turner Rd in Nanaimo.
Welcome to this bright well kept home that is located in the popular, pet friendly Woodgrove Estates. This move-in home has a flexible layout with a good sized kitchen that opens up to the dining/living area and benefits from hardwood floors. At the entrance there is a mud room with a large coat/storage room. As you enter the home there is a sunroom off to the side of the dining area accessed by sliding doors. There are two bedrooms and an extra large cheater/ensuite bathroom which has a separate shower as well as a tub. You will also find another room off to the side that is currently used as a workshop but would be ideal for extra storage. Outside the backyard is quite private and surrounded by trees and has two storage...
Read full post
Ian Hodson
Telephone: (250) 756-1132
Toll Free: 1-800-377-4374
Fax: (250) 756-1210
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.