Many people like to wait
until the busy spring market to sell their homes. However, this year in Nanaimo we are experiencing
a seller’s market. A seller’s market is
when there are more buyers than sellers in the market place. Right now we are experiencing very low
inventory levels which means that if you list your home and price it at market
value, you stand a very good chance of selling it quickly.
Buying a three bedroom home vs. a two bedroom home
There is no question that
here in Nanaimo a 3 bedroom home has much better resale value than a 2 bedroom
home. There is a much bigger market for
3 bedroom homes because the third bedroom opens up all sorts of usage options
from a place to sleep to a media room or just a place to store things. Two bedroom homes exclude people with
families as there just isn’t enough room.
Great time to buy an investment property in Nanaimo or Parksville
According to the rental
market survey released by CMHC the average vacancy rate in Canada's major
centers was 2.9%. In Nanaimo it is 2% and in Parksville 1%. The
vacancy rates in both towns are well below the average. The low vacancy rate is a good sign for
investors wishing to become land lords.
Nanaimo Homes For Sale
Information regarding Nanaimo homes for sale, Nanaimo real
estate and Nanaimo real estate agents will be readily provided upon request. A
wide inventory of informative sources pertaining to Nanaimo homes for sale has
been compiled over a period of years using state-of the-art technology. It only
takes a simple call to 250-800-2717 to learn more about Nanaimo real estate. Nanaimo realtor Lynn Donn offers this as a public service. Throughout the years she has acquired a reputation as one of the most respected Nanaimo realtors.
Tips for selling a vacant home
The advantage to selling a vacant home is that you can offer quick
possession to a buyer. Even though the home is vacant it is easier to sell if
you continue to maintain the property by keeping utilities on, maintaining your
landscaping and consider staging the home. Remember: First impressions are
lasting impressions.
How to know when it is time to reduce your selling price
It is only natural to want to make as much money as possible on your
house but, if you have had a steady flow of buyers viewing the house and have
received no offers, it is often an indication the price is too high.
This is a good opportunity to ask your realtor to prepare an updated
market analysis to determine if your price is indeed too high.
Painting to sell your house
A coat of fresh paint can make a world of difference when selling a house
in Nanaimo. A few general rules to follow are: avoid loud, brash colors, choose
trending colors to get the newest in vogue paint, paint the ceiling (if it is
paintable) to brighten the room, use accent paint on doors, base boards, and
door trim.
Receiving an offer on your home
Before you accept
that offer on your Nanaimo home, here are 4 things to consider: First price,
most initial offers are open for negotiation so try not to get your back up
when you see the offer. Other important things to look at that may be
negotiable are the size of the deposit, what subjects the buyer has assigned to
the offer and what kind of closing dates they are proposing.
Nanaimo Real Estate
There are well over 20,000 realtors in British Columbia. A
significant minority of them are well versed in the value of Nanaimo real
estate. The natural beauty and beautiful views of Nanaimo homes for sale has
served to create a very competitive real estate industry in Nanaimo.
Nanaimo Real Estate
Among the many sub-specialties of Nanaimo real estate are:
oceanview (ocean view) property commercial property, condominiums for sale and Nanaimo homes
for sale. Nanaimo realtor Lynn Donn has many years of experience in all areas
of Nanaimo real estate. It won’t hurt to call her at 250-800-2717 for you questions pertaining
to Nanaimo real estate.
Nanaimo Realtors
There are many well qualified Nanaimo realtors. Some
specialize in condominiums for sale; some have excellent track records for
commercial property and the majority of Nanaimo realtors engage in Nanaimo
homes for sale.
Nanaimo Realtors
Nanaimo Real Estate Market provides a wide database of
Nanaimo homes for sale as well as of information regarding Nanaimo realtors.
Call (250) 800-2717 to inquire.
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