Please visit our Open House at 1335 Meadowood Way in Qualicum Beach. See details here

Open House on Sunday, November 27, 2022 1:00PM - 3:00PM Triple open house on Meadowood. $100 prize with the Meadowood Passport if you visit all 3 open houses! Hosted by Ania Young. This home is now Vacant and ready for you to move in.

This home has so many amazing features it's hard to list them all. But we can start with 3 bedrooms, 2 bathrooms, kitchen, living and dining all open-plan, plus an office and a BONUS room that has been set up with commercial sink/dishwasher, counters/cupboards and a fridge for you to do canning or other craft or art projects, or use as a summer kitchen if you like, detached garage with workshop, storage, woodshed, and garden shed, plus a detached small shed, a pond, fenced and cross fenced, irrigation, 1 fully serviced RV site, one power/water RV parking, plus plenty other parking and 2 gates. Hot tub in a private fenced zone with rubber patio surface! Come and enjoy this friendly, country-feel neighbourhood with parks, community hall, waterfall all at your door only 15 minutes to Qualicum Beach!

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I have listed a new property at 203 1675 Crescent View Dr in Nanaimo. See details here

Opportunity knocks! The strata provides low strata fees, and permits rentals and pets. This home is centrally located in the heart of central Nanaimo. This newer townhome features 2 beds and 2 baths. The home's layout offers an open, spacious floorplan with great natural lighting. The open concept kitchen features stainless steel appliances, and an island with built in wine rack and additional storage. Off the kitchen is the living room and dining space, as well as an understairs storage room and a 2-piece bathroom. The main floor has an entrance at the front and rear, both with a covered patio area. Upstairs has two generous sized bedrooms with a 4-piece washroom and laundry. The complex has amazing curb appeal with green space and white picket fencing throughout. The central location provides easy access to all of the city's amenities and services. (All measurements and data are approx.. and should be verified if important.)

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I have listed a new property at 1335 Meadowood Way in Qualicum Beach. See details here

This home has so many amazing features it's hard to list them all. But we can start with 3 bedrooms, 2 bathrooms, kitchen, living and dining all open-plan, plus an office and a BONUS room that has been set up with commercial sink/dishwasher, counters/cupboards and a fridge for you to do canning or other craft or art projects, or use as a summer kitchen if you like, detached garage with workshop, storage, woodshed, and garden shed, plus a detached small shed, a pond, fenced and cross fenced, irrigation, 1 fully serviced RV site, one power/water RV parking, plus plenty other parking and 2 gates. Hot tub in a private fenced zone with rubber patio surface! Come and enjoy this friendly, country-feel neighbourhood with parks, community hall, waterfall all at your door only 15 minutes to Qualicum Beach!

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I have listed a new property at 1051 Troy Pl in Qualicum Beach. See details here

Opportunity, lifestyle, and a fantastic location! Rancher located on a cul-du-sac next to a green space with a lower level living space for separate guest or inlaw accommodation, or hobbies. This home is situated on .48 of an acre. The upstairs features three bedrooms, two bathrooms and a spacious floorplan. The patio doors on the living room and primary bedroom extend to a large deck facing towards the ocean. Enjoy the ambiance of living in the Country yet only minutes to all amenities. Less than 5 min. to Village Centre and the beach. This quiet, tranquil neighbourhood borders the Little Qualicum River, with walking trails and the Little Q farm and market garden. Enjoy the gardens in the landscaped front yard with the sunroom located off the front entrance. The two-car garage feature a workshop for hobbies and storage. Vacant, quick possession possible.

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Please visit our Open House at 1051 Troy Pl in Qualicum Beach. See details here

Open House on Saturday, November 12, 2022 11:00AM - 1:00PM Hosted by Viola Mattiussi

Opportunity, lifestyle, and a fantastic location! Rancher located on a cul-du-sac next to a green space with a lower level living space for separate guest or inlaw accommodation, or hobbies. This home is situated on .48 of an acre. The upstairs features three bedrooms, two bathrooms and a spacious floorplan. The patio doors on the living room and primary bedroom extend to a large deck facing towards the ocean. Enjoy the ambiance of living in the Country yet only minutes to all amenities. Less than 5 min. to Village Centre and the beach. This quiet, tranquil neighbourhood borders the Little Qualicum River, with walking trails and the Little Q farm and market garden. Enjoy the gardens in the landscaped front yard with the sunroom located off the front entrance. The two-car garage feature a workshop for hobbies and storage. Vacant, quick possession possible.

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Please visit our Open House at 54 529 Johnstone Rd in French Creek. See details here

Open House on Sunday, November 6, 2022 11:00AM - 1:00PM Hosted by Viola Mattiussi

Welcome to Pebble Beach. This 2 bedroom/2 bathroom patio home offers a large patio and greenspace off the main living area. The layout is bright and spacious with a gas fireplace. The primary bedroom has a walk-in closet and large ensuite bathroom with walk-in shower and soaker tub. The Pebble Beach development offers beach access for residents, has secured entry in the evening, club house, secured RV parking, garden plots & pets are welcomed in this adult oriented community. The attached garage with attic storage and Built-in shelving. Pets and rentals are allowed with some restrictions. Just minutes from golf, marina and all the amenities of Parksville & Qualicum Beach.

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Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.Consequently, home sellers who enter the market today may need to reset their expectations.

The reality is, it’s no longer enough to stick a “for sale” sign in the yard and wait for buyers to bang down the door. If you want to net the most money possible for your property in today’s market, you’ll need an effective game plan and a skilled team of professionals to implement it. 

Fortunately, we’ve developed a listing strategy that combines our proven approach to preparation, pricing, and promotion—all designed to help you get top dollar for your home. But you will play an important role in the selling process, as well. 

Here are some crucial steps you can take to set yourself up for success as a home seller in this market:


  1. Make Strategic Repairs and Improvements

When you sell something, it’s important to consider what your customer wants to buy. And according to a recent survey, 83% of Canadians view “affording necessary renovations” as a major hurdle to buying a home.If you can present buyers with a move-in-ready option, they will feel more confident in making an offer.

Before your home goes on the market, we’ll conduct a thorough walk-through to identify any problems that could prevent it from selling. In some cases, we may recommend a professional pre-listing inspection. Finding and addressing issues like leaks, rot, and foundation problems up front can pay off in the final sale price. Plus, it prevents sales from falling through because of a red flag on the home inspection, a scenario no seller wants to face.

Beyond repairs, we’ll also help you identify the simple upgrades that offer the highest return on your investment. For example, new paint can give your home a fresh look at a reasonable cost. And according to a recent report, it’s one of the top renovations for return at resale.3 Similarly, minor landscaping improvements can pay off in a major way. A healthy lawn offers an estimated 256% ROI.4

 

  1. Declutter and Depersonalize

When buyers look at a home for sale, they’re trying to envision themselves living there. That’s hard to do if it’s chock-full of the current owner’s family photos, children’s artwork, and souvenir collections. Plus, cluttered homes look smaller, and older items can make them feel dated. 

Decluttering before you put your home up for sale will help you in the long run—after all, you’ll need to move all your things to your new home eventually. Now is the time to shred, digitize, or organize old documents, donate old clothes, or move bulky furniture into storage. At a minimum, you’ll want to pack away excess items neatly before potential buyers view the home. Remove personal photos and other trinkets to create a blank slate that viewers can imagine decorating with their own prized possessions.

If you feel overwhelmed by this process, we’d be happy to make recommendations or refer you to a local service provider who can help.


  1. Stage Your Home for Success

Just as you take care to dress professionally for a job interview, you should always ensure your home looks its best for potential buyers. Home shoppers today are used to scrolling through Instagram and Pinterest, and they want to see the same wow factor when touring a home.

The process of making your home look its best and appeal to potential buyers is called staging, and it can be a game changer. According to the International Association of Home Staging Professionals, an average priced staged home sells 5 to 11 times faster than its unstaged counterpart. Even better, the majority of staged homes sell for 4% to 20% over list price!5

Some sellers hire a professional stager, who may bring in furniture and decor to increase the home’s appeal. Others choose to stage their homes themselves. We can help advise you on which route to choose and how much to invest in the process. 

It’s also important to consider what buyers in your neighbourhood are likely to be looking for in a home. We can help guide your staging choices with our local market insights. For example, in neighbourhoods where a large share of residents work from home, it may be effective to stage one room as an office space so potential buyers can envision their day-to-day routine.


  1. Prep for Each Showing

Most of us don’t live picture-perfect lives, and our homes reflect that (sometimes messy) reality. But when your home is on the market, it’s important to ensure that it is always ready for viewers, even on short notice. A missed showing is a missed opportunity to sell your home!

Before your home hits the market, it may be worth hiring professional cleaners to get in all the nooks and crannies. After, try your best to keep things spic and span. Just a few minutes a day wiping down counters, sweeping the floors, and vacuuming can make a big difference. 

It’s also worth noting that most buyers will open cabinets, drawers, and closets—so try to make sure everything is as neat and organized as possible. Keep toiletries and small appliances off countertops, and secure valuables and sensitive documents in a safe or off-site.

Want help finding a cleaning service to make your home shine for buyers? Reach out for a referral!


  1. Price Your Home Correctly From the Start

In the past few years, you may have seen homes in your neighbourhood sell for shocking amounts and wondered if you could get a similar price for your property. The temptation to list your home on the high side can be strong, but it’s best to be realistic from the start. Even in a strong market, some homes will sit for months. And the longer a property is listed, the more buyers worry that something is wrong with it.

Of course, you also don’t want to set your price too low and lose out on potential profit. That’s why it’s essential to work with real estate agents (like us!) who know the ins and outs of our local market and what buyers are willing to pay today. In a quickly-evolving market, comparable sales from a few months ago can lag the current market reality. 

Fortunately, if you’ve owned your home for several years, chances are good that it’s worth much more today than you paid for it. That means you stand to walk away with a handsome profit.

 

  1. Avoid Acting on Emotion

The past few years of over-asking-price offers with few conditions have set certain expectations for many sellers. It’s only natural to feel hurt or even offended if an offer comes in lower than what you think your home is worth. 

However, it’s important to keep in mind that those market conditions were unprecedented, and we are now returning to a more typical market. Home sellers who act rationally, rather than emotionally, are going to get the best results. 

Remember: You can always counter a low offer. The same goes for repair requests and conditions—everything is negotiable. However, it’s important to accept that the market is adjusting and flexibility is key. Keep your expectations reasonable, and remain open-minded. And you can rest assured knowing that we’ll be by your side every step of the way to help you navigate the process and negotiate a great deal.


  1. Work With a Local Market Expert

The economics impacting mortgage rates may be national, but real estate markets are hyperlocal. That’s why working with a professional agent who understands your neighbourhood’s dynamics is essential. Through our experience, we’ve gathered insights that can help us position your home for success in this market. Plus, we have the resources to connect with qualified buyers searching for a home like yours. 

Working with a knowledgeable agent is also the secret to getting as much money as possible for your home. We have access to extensive data on recent sales in your neighbourhood, which we will use to price and promote your property. That’s one reason why homes sold by agents draw much higher prices than those sold by their owners alone. The U.S.-based National Association of Realtors found that for-sale-by-owner homes went for a median price of $260,000 in 2020, while the median for homes sold by agents was $318,000.6 That’s a difference of $58,000—and money you don’t want to leave on the table.


YOUR AGENT AND ADVOCATE

Selling a home in a fast-changing market can be stressful. You’re likely to hear conflicting advice and opinions from people in your life, and decisions like what colour to paint your front door or how much to list your home for can be overwhelming. 

That’s where we come in. The market may be adjusting, but we’re here to help you make the most of it. We’re listing experts in our area, and we know what steps you need to take for a smooth, profitable transaction.

If you’re considering buying or selling a home, we invite you to reach out to schedule a free consultation. We’re happy to talk through your specific situation and goals and help you identify your next steps.

The above references an opinion and is for informational purposes only.  It is not intended to be financial, legal, or tax advice. Consult the appropriate professionals for advice regarding your individual needs.


Sources: 

  1. Global News - 

https://globalnews.ca/news/8833692/canada-housing-prices-bidding-offers/

  1. Chartered Professional Accountants Canada - 

https://www.cpacanada.ca/en/news/canada/housing-survey

  1. RE/MAX Blog - 

https://blog.remax.ca/renovations-that-pay-off-on-resale-according-to-re-max-brokers/

  1. Angi - 

https://www.angi.com/articles/smart-landscaping-tips-can-increase-home-value.htm

  1. International Association of Home Staging Professionals - 

https://pages.iahsp.com/home-staging-statistics/

  1. National Association of Realtors - https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers#purchased
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