Parksville Qualicum Beach Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the 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!

Sept. 7, 2018

Aug 2018 Housings Market Stats (Parksville/Qualicum/Nanoose/North Nanaimo/Hammond Bay)

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).

Posted in Market Updates
Aug. 2, 2018

412 Belmonte Place, Nanaimo

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!

Posted in Market Updates
June 27, 2018

May 2018 Housing Market Stats

Market Stats May 2018

Gain insight into the Qualicum Beach, Parksville, Nanoose, North Nanaimo and Hammond Bay markets! Watch now to learn about the 12 month home price averages compared to the year prior.

* To view the listing featured in this video:  https://www.melaniepeake.com/listings/

***Stats from VIREB (Vancouver Island Real Estate Board)

Posted in Market Updates
April 21, 2018

Downsizing in Parksville / Qualicum Beach

Downsizing in Parksville / Qualicum Beach

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: stephen.hoodspith@rbc.com or phone (250) 618-5099.

Real Estate Questions? Email me today! melanie@melaniepeake.com or phone (250) 954-0100.

** Stats pulled from VIREB - Vancouver Island Real Estate Board

Jan. 22, 2018

How a Notary can help in a Real Estate Transaction

How a Notary can help in a Real Estate Transaction

Tony MacAulay from Anthony MacAulay Notary Corp. explains the steps of conveyancing for buying / selling real estate transactions in the Parksville / Qualicum Beach / Nanoose area.

Here is a quick overview of the typical steps in a Real Estate Transaction:

  • Contract of Purchase and Sale complete
  • Client to phone Notary office to “get in the queue”
  • Subject Removal date
  • Real Estate Brokerage sends paperwork to Notary
  • Notary office to call client to confirm details and set up appointment
  • Client to meet with Notary approx. one week prior to completion date
  • Notary office to work on title searches and prepare documents
  • Completion Date / Adjustment Date / Possession Date - these dates vary per contract
  • Tony reiterated “Our focus is to communicate with the client and provide a good service”.

If you have any questions regarding how a Notary can help with your Real Estate transaction, please contact Tony directly:           

macaulaynotary@gmail.com or phone (250) 248-5775

Nov. 2, 2017

Mortgage Rule Changes - Effective Jan 1, 2018

Mortgage Rule Changes - Effective Jan 1, 2018

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.