Parksville Qualicum Beach Real Estate News & Market Trends
I am Melanie Peake, Realtor® with Royal LePage Parksville-Qualicum Beach Realty. We service Parksville, Qualicum Beach, Nanoose, Errington, Lantzville, Nanaimo and Cedar. You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community events. We truly care about our community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you! MLS® data updated every 5 minutes!!!
Enjoy this Spring in your serene, zen back yard! Relax or entertain on the back deck by the fish pond, gazebo and palm trees. The moment you enter this bright, spacious home you are greeted with a grand spiral staircase, open living room with gas fireplace; and hardwood flooring throughout the living room, dining room, hallway and Master Bedroom. View the video below or click here to see more photos...
--> Watch the video above to view the last 12 month home price averages compared to the year prior for Parksville, Qualicum Beach, Nanoose, and Nanaimo.
Both Supply and Demand have affected home prices rising over the last year. We are now seeing more inventory on the Market overall; which is bringing us into a more balanced market for most real estate markets on the mid-island.
The mortgage stress test and rising interest rates have also affected the market by making it more difficult for buyers to qualify for mortgages.
Wardrobe in video: Obakki Foundation Scarf. 100% of proceeds go to water wells in South Sudan. Show your support here: https://obakkifoundation.org/campaign/scarves-water/
Housing Market Stats August 2018 for Parksville, Qualicum Beach, Nanoose, North Nanaimo, Hammond Bay. Watch now to learn about the 12 month home price averages compared to the year prior. We are still seeing multiple offers on lower priced homes. Homes in the higher price range are staying on the market a bit longer (compared to the Spring of 2018).
Spectacular, private ocean view home overlooking Hammond Bay, and even has its own elevator! This one owner custom home is on .26 acres within a quiet cul-de-sac. The impressive bright main level has oak hardwood flooring with large windows showcasing the stunning views of the Vancouver coastline. The immaculate kitchen includes custom cabinetry; a granite island, double wall convection ovens; and a gas burner cooktop. Ride the elevator to the upper level of the house right into the spacious master bedroom. Marvel at the views from the master & 6 piece ensuite which will take your breath away. Upstairs includes a large bonus room where the possibilities are endless: media room/craft room. The lower level of the home has an open family room that leads out to a covered patio - perfect for entertaining. Extra features: *New carpet *Generator hookup *100+ pot lights *Central Vacuum *Cold/wine room *Tiled heated basement flooring. Book today to see this gorgeous, executive home!
Steve Hoodspith, a local Financial Planner, and I talk about the topic of downsizing in the Real Estate market today. Have your kids left the home? Looking to live in a home with less square footage? Tired of doing yard work?
Once your home has sold, you may have a surplus of cash from the sale. Steve talks about how he helps his clients through this transition in their life and the importance of learning about what is most important to the people he works with.
Curious what the average single family home in Parksville, BC sold for last year, have a watch.
If you have any questions regarding how a Financial Planner can help in the process of downsizing or estate planning, please contact Steve Hoodspith directly: email@example.com or phone (250) 618-5099.
Real Estate Questions? Email me today! firstname.lastname@example.org or phone (250) 954-0100.
** Stats pulled from VIREB - Vancouver Island Real Estate Board
There are some important changes in the Canadian mortgage rules taking place January 1, 2018. I sat down with Lisa Oleksiuk, with Dominion Lending Centres Island Living, to discuss what these changes are and how they will affect home buyers. Lisa pointed out that the government will be introducing a stress test for conventional (non insured) mortgages. If you are thinking about buying a home in the next few months, it's a good idea to book an appointment with a mortgage broker to find out how this may affect the amount you will be able to qualify for.