I have listed a new property at 52 2759 KEIGHLEY ROAD in NANAIMO.
Welcome to Village on the Green, one of the most popular 55+ communities in Nanaimo. The development has a gate at the main entrance giving that extra piece of mind with regards to security and also has a large 2 storey clubhouse which has numerous functions for the residents. Located in beautiful Departure Bay you are not far from the beach, transit, shopping and the development is located adjacent to Nanaimo golf course. This is a larger patio home with the bonus of a lower basement level with a family room, half bathroom, two rooms that could be used as offices, craft rooms or extra bedrooms. There is also a large unfinished room which would make an ideal workshop or extra storage for those downsizing from...
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Real Estate Statistics for November 2018
 
  November 2018 October 2018 November 2017
Nanaimo      
Unit Sales: 76 121 116
Average Sale Price: $532,299 $559,149 $531,307
       
Parksville / Qualicum      
Unit Sales: 38 54 59
Average Sale Price: $601,374 $659,265 $612,156
         
Nanaimo home sales decreased 34% in November 2018 when compared with November 2017. The average sale price was virtually unchanged. The median house price was $495,000.

Parksville/Qualicum home sales decreased 36% in November 2018 when compared with November 2017. The average sale price decreased 2%. The median house price was $571,000.
 
Synopsis for Nanaimo
 
In Nanaimo for November 2018 there...
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The real estate listings for Nanaimo are split into a total of 18 different sub-areas so you can see straight away the general area that a home is located in. They extend from South of Nanaimo airport up to Lantzville. Below we look at the Cedar area.


Cedar:


This area is bordered by Highway 1 in the west, the Nanaimo estuary/Duke Point in the North, the Ocean in the west and Kuleet Bay/Michael Lake in the south. There is some historical information on wikipedia which can be found HERE.




The majority of the Cedar sub-area is outside of the city limits and is in the Regional District of Nanaimo and a large proportion of the properties are on larger lots and will be on septic systems and drilled wells. However, there are approximately 1,200 properties on the North Cedar Improvement Trust water...

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Real Estate Statistics for October 2018


 

October 2018

September 2018

October 2017

Nanaimo

   


Unit Sales:

121

98

128

Average Sale Price:

$559,149

$582,115

$515,798

 




Parksville / Qualicum

     

Unit Sales:

54

42

57

Average Sale Price:

$659,265

$575,763

$597,745

         


Nanaimo home sales decreased 5% in October 2018 when compared with October 2017. The average sale price increased 8%. The median house price was $525,000.

Parksville/Qualicum home sales decreased 10% in October 2018 when compared with October 2017. The average sale price increased 10%. The median house price was $635,000.


Synopsis


In Nanaimo for October 2018 there were 335 active listings of single family freehold homes, which is 11% higher...

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The real estate listings for Nanaimo are split into a total of 18 different sub-areas so you can see straight away the general area that a home is located in. They extend from South of Nanaimo airport up to Lantzville. Below we look at the Hammond Bay area.


Hammond Bay:


This area is bordered by Stephenson Point in the South, Linley Valley in the west, Neck Point Park in the north and the waterfront in the east. The area is most probably named after Hammond Bay road that runs through it and goes from Departure Bay all the way up to the north end of town near Woodgrove Mall. To the east of the road you will find a number of waterfront properties from Stephenson Point up to just south of Neck Point Park. To the west of the road the area is characterised by a rise in elevation allowing for a large...

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The real estate listings for Nanaimo are split into a total of 18 different sub-areas so you can see straight away the general area that a home is located in. They extend from South of Nanaimo airport up to Lantzville. Below we look at the Departure Bay area.


Departure Bay:


This area is bordered by Brechin Road in the South, the Highway/Norwell Drive/Departure Bay Road/Rock City Road in the west, runs across Linley Valley in the north and the waterfront of Departure Bay in the east. There is some good historical information on wikipedia which can be found HERE.




In this area you will find Nanaimo Golf Club, plus a number of parks including Linley Valley, Woodstream Park and Sugarloaf Mountain Park...although describing it as a mountain is a bit optimistic but it does have...

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Colour, surface texture, room usage and price all come into play when homeowners commit to a flooring style.


One thing homeowners don’t have to compromise on is their selection of green options.


Salvaged wood: Buying reclaimed lumber continues to get easier for those shopping online. In some instances, it’s even less expensive relative to the cost of new hardwoods.


Bamboo: High abundance and a natural look make sustainable bamboo an attractive flooring option. Bamboo grows to maturity in three to five years, about a quarter of the time it takes to grow trees used for hardwood. It’s great choice for a room with low humidity.


Linoleum: Unlike vinyl flooring, which is a synthetic product made of chlorinated petrochemicals, linoleum is manufactured from natural...

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The Bank of Canada just raised their rate to 1.75% so we can expect to see the banks raise their interest rates shortly.


Apparently they are 'feeling positive' about the economy, especially since the signing of the trade deal with the US and that the economy is actually growing faster then predicted.


The downside will be higher mortgage rates and how this could effect homeowners who purchased in the last 5 years and are on variable rate. Could this be the time to switch to a fixed rate mortgage?


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I have listed a new property at 52 2759 KEIGHLEY ROAD in NANAIMO.
Welcome to Village on the Green, one of the most popular 55+ communities in Nanaimo. The development has a gate at the main entrance giving that extra piece of mind with regards to security and also has a large 2 storey clubhouse which has numerous functions for the residents. Located in beautiful Departure Bay you are not far from the beach, transit, shopping and the development is located adjacent to Nanaimo golf course. This is a larger patio home with the bonus of a lower basement level with a family room, half bathroom, two rooms that could be used as offices, craft rooms or extra bedrooms. There is also a large unfinished room which would make an ideal workshop or extra storage for those downsizing from...
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No matter what your level of expertise, there are plenty of small fixes you can do around your home with relative ease.


Here are four common repairs that any homeowner can do:


1- Fill cracked drywall - Using a taping knife, smooth a piece of nylon drywall tape over the crack, working from the centre toward the edges. Cover the tape with a thin layer of joint compound and let dry. Apply a second coat, feathering at the edges. Sand, prime, and repaint the area.


2- Silence squeaky floors - Scrape the joints between your floorboards to remove dirt, and then sprinkle a little baby powder between the squeaky ones. Bounce up and down on the area to work the powder into the joint.


3- Repair a sticky sliding glass door - To clean the tracks, vacuum each door by moving it to one side and then the...

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Ian Hodson
Telephone: (250) 756-1132
Toll Free: 1-800-377-4374
Fax: (250) 756-1210
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