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Selling a house quickly often involves a combination of strategic pricing, effective marketing, and preparing the property to appeal to potential buyers.

Here are some tips:

Price it Right: Set a competitive price based on market research and comparable sales in your area. A well-priced property is more likely to attract buyers quickly.

Enhance Curb Appeal: First impressions matter. Make sure the exterior of your house looks appealing by maintaining the lawn, cleaning up landscaping, and making necessary repairs.

How has the market changed since the all time high, single family home, average of $755000 was reached in August, 2022? Since then the market has dropped by -6% (Jan 2023-Oct 2023) and a total of -7.28% for October 2023. $710000 – $700000 has held steady since April 2023.  We have seen small fluctuations in the average price in May and June 2023. This is good news. A stable market value is easier for both Buyers and Sellers to navigate.  A Buyer does not want to “over pay” and the Seller wants to sell at the highest value. Pricing a home for sale is more important now in this market with only 66% of listed homes selling.  Buyers are still paying on average 98% of the listing price.  

Wednesday Stats!

-Average single family home prices are up 13% with the average 2018 price at $447000. 2017 was $394000

-Active single family listings are down 27% so if you are still working with your Realtor….don’t give up. Inventory is WAY down!

-Apt condo prices are up 18% from 2017

-Patio home prices are up 11% from 2017

-Lots prices are up a whopping 53% from 2017

-Townhouse prices are up 15% from 2017

Feel free to contact me if you are looking to sell your home or buy a new one.

250-202-4677
vanessarealty1@gmail.com

Just as all condominium buildings are not created equally, not all condos are being managed equally. If you’re considering a move to another condo, first find out how it’s managed and be sure you’re comfortable with that style of management before purchasing a unit in that building.

The management of some condominiums is contracted out to a property management company that oversees day-to-day operations under the direction and supervision of its board of directors. A property manager’s responsibilities could include keeping common areas clean, paying the utility bills for the common areas, collecting monthly maintenance fees from residents and operating and maintaining the central space and water, heating and air conditioning systems. Continue reading →

Here is some interesting facts for those thinking about listing FSBO (for sale by owner).

With the power of the MLS your home may be view on average as many as 1200 times in 48 hrs!! That can mean multiple offers for your property!

I look at the hot sheets everyday and the trend is over asking on a majority of listings. If you are a Mr or Mrs FSBO you could be leaving money on the table. Your yard sign or Craigslist posting will never get the exposure of the MLS with over a 100 Realtors in CR with qualified buyers willing to pay $10000-$20000-$30000 more than the list price in certain price ranges. Continue reading →

So, you qualified for a mortgage, you purchased your dream home, and now you can just sit back, make your monthly payments and otherwise say bye-bye to your mortgage broker, right?
Actually, the services of a mortgage broker don’t end there! Continue reading →

Hiring a mover? Moving is one of life’s most stressful events, especially when you consider that you’ll likely be trusting strangers to handle your valued belongings. To help ensure a smooth move, consider the following points when selecting a moving company: Continue reading →

In 2014 the average single family home sale was $304000.
In 2015 the average sale price was $318000.
In 2016 we broke all of Campbell River’s previous highs and as of Dec 31, 2016, the average sale price was $343000! That is an increase of 8%.
Strata properties are where we have seen the most growth with a 91% increase in sales in 2015 and another 48% increase in 2016.
Patio home sales were up 124% which means there were a lot of multiple offers on patio homes this year. Townhouse sales were up 70%.
The February 2017 benchmark price of a single-family home in the Campbell River area was $318,100, an increase of 17% over February 2016, while the benchmark price of an apartment in February 2017 rose 26% compared to February 2016.

• Campbell River is broken down into 5 different areas. Campbell River North (Painter Barclay to Holly Hills), Quinsam Campbellton (older downtown area and up Petersen Rd where there are 3 new subdivisions),Campbell River City (9^th ave to Rockland), Willow Point (Rockland to Jubilee Parkway) and Oyster River North (Jubilee Parkway to the Oyster River).
• South of the Jubilee Parkway is on septic systems. In Oyster River there are still a few wells although there is city water available in all areas of Campbell River.
  
• The population of Campbell River is just hovering around 35,000.
• There is an abundance of recreation opportunities available such as the Beaver Lodge Lands trail system, Sportsplex recreation complex, Community Center, Centennial Outdoor Pool and Strathcona Gardens (indoor pool and arena). The Seawalk, along the shore, stretches for miles for biking and walking.
• There are two 18 hole golf courses Storey Creek and Sequoia Springs
• Several parks that operate camp grounds including Elk Falls Quinsam Campground and Miracle Beach Provincial Camp Ground.
• Mt. Washington Ski Resort is open year round for skiing, snowboarding, cross-country skiing, hiking and mountain bike riding and it’s only 20mins to the base and 45mins to the top!