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Altered Expectations Required To Return Balance

BC real estate news

Using the historically high 2021 figures as a benchmark for where market values should aim to be is misleading to potential buyers, investors and home owners. Your home is only worth what someone is willing to pay for it, at the time you are ready to sell it. And you should only buy or sell a home or property when it makes sense for you, and not just when the market is at the lowest or highest point. Yes, it is financially advantageous when you can time the purchase or sale of your property to coincide with the beginning or end of a cycle, but the real return on investment in owning your own home is received while you are living in it and still paying for it. Somewhere along the line we have forgotten that.


Waterfront Property Rewards Beyond Value Retention

Savvy buyers and property investors look beyond luxury square footage to first locate a one-of-a-kind, spectacular location before entering into any type of residential or
commercial land purchase, and so should you! 

Whether you buy .25 or 500+ acres, a land purchase is an investment in the physical geography in that unique location. Highly sought after geographical attributes like, water frontage, clean air, sunshine hours, fertile soil, mild climate, mature trees & timber, the view, the privacy and clean drinking water, all factor into the locations desirability and increases the richness of both lifestyle and market value.


Contingent to: Common Sense

BC NDP Finance Minister Selina Robinson, served up what can only be described as, “the 3 Day Nothing Burger”  as her governments solution to calm overheated markets that saw the average sale price of a home in BC reach $1.096 million dollars in March 2022. The same month Minister Robinson commissioned the BC Financial Services Association to consult industry stakeholders in examining ways to cool down the frenzied market activity. 



On the fence about building that shed?

Despite the costs of building a backyard zen, investing in your property instead of a couple costly weekend get-aways gives you a forever space that can be enjoy every day of the week. Well built outdoor improvements add value to your property, and they become unique future selling features. In my experience, buyers are impressed by extra storage, inspired by covered outdoor living areas, and excited to discover a greenhouse or garden that


Financial Lockdown Fuels Market Shift.

BC Real Estate Market News

The southern BC Markets have shifted, with an influx of new inventory giving buyers more choices amid a slower paced sales and multiple offers have all but disappeared, for now. In the active Harrison Hot Springs market, we have seen initial listing prices quickly reduced after open house events have yielded zero offer situations. Canada’s national housing starts were down in February by 2,285 units over last year, an indicator to watch that will predict further economic pullback.


The Value of a Property Boundary Survey can be Priceless!

BC Real Estate News

Many rural and remote acreages are being purchased this year and lots of buyers are discovering that they need the professional services of a surveyor to begin the process of securing the land with gating and fencing and to plan out the location of new dwellings and outbuildings. A boundary survey adds value to your title, it allows the title owner to confidently create a land use plan and develop the acreage to add maximum value using the land in the best possible way.


Provincial policy changes that would make housing affordable without penalizing buyers or sellers.

real estate news in bc buy sell property in BC

If the provincial government released another 2-3% of Provincial Crown Land into the private saleable holdings we would see an immediate and lasting impact on the real estate market as supply would increase dramatically and prices would stop their continued rise. The uplifting economic benefits of homeownership could continue to grow the economy and the province and its residents would actually benefit as a result instead of being continually penalized for a population growth issue that has been neglected by governing bodies in BC. The released crown parcels could be ear-marked for specific types of qualifying multi-unit and single family affordable housing which could actually be affordable!








A back-up heat source is a must have to protect your property investment and it’s a great selling feature.

Nothing beats a great pair of wool socks for keeping you warm in winter, except a dual heating system that’s works even when the grid goes down. A back up heat source is not just for eccentric practical preppers, a short or long term grid down situation during the winter has the ability to put […]


Correcting BC’s Private Land Market with a Crown Land Release.

British Columbia has both an ever increasing population and a prevalent lack of saleable, privately owned land. BC’s population growth outpaced five other provinces and increased by 5.6 per cent over four years from 2011-2016. The provinces 4,648,055 citizen count has shown steady growth with an increase of between 5%-7% every 5 years since 2001. All those […]


Assessing your property for security

Start by walking your property and the roads or alleys surrounding it, and examine it like a thief would, looking for opportune points of entry. You should do this in the daytime and at night, to get the perspective of what a thief might see on foot and from a vehicle. The harder it is for a thief to get onto your property, the less likely you are to experience a burglary or property crime. Opportunity is what most criminals look for, un-gated
driveways, hedges around an unfenced border, gates without…




Province to introduce cooling-off periods for home buying

“We’re not sure what ­problem they are trying to solve with this,” says Victoria Real Estate Board president2 days ago By:  Andrew Duffy The province’s ­announcement that it plans to impose a ­cooling-off period on home purchases took the industry by surprise and solves a ­“problem” that doesn’t exist, says the president of the Victoria Real Estate […]


Top western towns for real estate investors 2021-22

Western Investor’s annual forecast of top investor towns looks at five centres that are riding out the pandemic and look solid for investors into 2022Nov 3, 2021 12:01 PM By:  Frank O’Brien PreviousNext1 / 5 Victoria: industrial strata, such as this new project by PC Urban, is perhaps the best investor play in B.C.’s capital region. | PC UrbanExpand No. […]



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