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Strata Tip of the Week - Who Can Access Strata Documents and How Much Can a Strata Charge for Them?
Obtaining complete and current documents from strata corporations or their management companies is one of the biggest challenges we run into when working on strata document reviews for buyers and Realtors. That’s why it’s important to understand who can request strata docum
Read MoreStrategic. Data-Driven. Designed to Sell. Your home deserves more than a listing—it deserves a marketing plan.
Selling one of your most valuable assets isn’t something to leave to chance. It requires a smart, strategic approach grounded in data, market insight, and proven experience. From timing the listing to crafting compelling visuals and positioning the home across multiple platforms, every detail mat
Read MoreStrata Tip of the Week - The Civil Resolutions Tribunal (CRT)
1. What is the Civil Resolutions Tribunal? The Civil Resolutions Tribunal (CRT) is an online tribunal in British Columbia that helps address issues involving strata corporations, small claims, and other matters without needing to go to court. Since it was introduced in 201
Read MoreWeekly Real Estate Take May 2025 - Week 2
Almost no changes this week, compared to last week. 77 new single family homes were listed in the last 7 days (down from 78 last week), and 26 homes sold within that same time period (down from 22 last week). During the busy spring market, it is more important than ever to make sure you
Read MoreStrata Tip of the Week - Did You Get the Latest, Enforceable Set of Bylaws?
Based on our experience, approximately 25% of strata corporations, or their management companies, don’t provide the most recent set of bylaws. Here’s how to make sure you’ve got the latest, enforceable version. 1. Where can I find the strata corporation’s bylaws? All str
Read MoreMay Newsletter 2025
Single-family detached home sales are holding steady with 30 homes (+/- 5 homes) selling every week. The number of homes being introduced to the market has much higher variability. 72 homes were listed last week, up from 52 the previous week. May is typically the busiest month of the year and I e
Read MoreStrata Tip of the Week - The Difference Between a Strata Lot, Common Property or Limited Common Property
We often get questions about the difference between a strata lot, common property, and limited common property, so here it is: In British Columbia, land registered at the Land Title Office can be subdivided in different ways. One of these is a “strata subdivision,” which
Read MoreWeekly Real Estate Take April 2025 - Week 4
50 single family homes have been introduced to the Nanaimo market in the last 7 days. Almost half as many homes sold within the same time frame. Market conditions for single family detached homes remain balanced. Home values are holding. Interested in Your Home's Value? Email me for a personalized
Read MoreStrata Tip of the Week - The Risks Associated with Low Strata Fees
It’s important for strata corporations to be fiscally responsible. However, strata corporations whose main focus is keeping strata fees as low as possible can, at times, make decisions that lead to low strata fees in the short term, but significantly higher costs to owners
Read MoreApril Newsletter 2025
This was a record week for new listings with 80 single family homes being introduced to the Nanaimo market in the last 7 days. This is the highest number of homes listed in a 7 day period since we started publishing these weekly reports (24 months). Sales are holding steady with 23 homes selling
Read MoreStrata Tip of the Week - In-Unit Hot Water Tanks
Some strata buildings have one or more central hot water tanks that supply all the units, while others are designed with individual hot water tanks located inside each unit. When a tank is located in the unit: 1. It typically only services that unit. 2. It’s usually consi
Read MoreWeekly Real Estate Take [March 2025 - Week 4]
This week we saw a subtle increase in new listings with 46 new single-family homes getting introduced to the Nanaimo market (up from 41 last week). Sales have declined by 34%, with 12 homes selling in the last 7 days. Anecdotally, Spring 2025 is outperforming 2024 and it will be interesting to see
Read MoreHow to Get the Most Value from a Free Home Evaluation: Simple Tips for Homeowners
Real estate agents love to offer free home evaluations, and I want to help you make the most out of this opportunity. In this video, I cover some simple tips to help you maximize the value from this offer for a free home evaluation.
Read MoreStrata Tip of the Week - Does This Strata Have Enough in Its CRF?
One of the most common questions we get from buyers when reviewing strata corporations is: Does this strata have “enough” in its Contingency Reserve Fund (CRF)? It’s a straightforward question, but the answer can vary significantly depending on what’s being asked. To get a
Read MoreWeekly Real Estate Take [March 2025 - Week 3]
Market Update The number of new homes listed this week has moderated to a more sustainable level with 41 new single-family detached homes hitting the market in the last 7 days. We have also seen a 50% increase in reported home sales with 18 homes selling in the last 7 days. Despite the un
Read MoreStrata Tip of the Week - Are These Strata Fees High?
A common question we hear from buyers is: “Are these strata fees high?” At first glance, it might seem like a straightforward question, but the answer isn’t always simple. Whether strata fees are “high” depends on what they include and what you’re comparing them to. If you
Read MoreWeekly Real Estate Take [March 2025 - Week 2]
Market Update This week was another record week for new listings. We had 60 single-family homes listed in Nanaimo in the last 7 days. This is not unusual this time of year. However, we have seen an unexpected decrease in sales this week, with only 10 homes selling in the last 7 days. That
Read MoreStrata Tip of the Week - What is the Strata Corporation Required to Insure?
All strata corporations in BC, regardless of size, must obtain property and liability insurance, including bare land strata corporations and strata-titled duplexes. 1. Property Insurance A. The strata corporation’s property insurance must be for: Common property Comm
Read MoreWeekly Real Estate Take March 2025 - Week 1
Notable New Listings I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 7503 Clark Cres a 5 bed, 3 bath, 4873 sqft Upper Lantzville home listed for $1,397,000 ($287/sqft), 781 Chelsea St a 5 bed, 2 bath, 2208 sqft Central Nanaimo home listed
Read MoreMarch Newsletter 2025
This week a record number of new single family detached homes were introduced to the Nanaimo market. This is the highest number of new listings we have seen since August of 2024. That said, we have also seen an increase in sales. 19 single family homes sold in the last 7 days which is 7 more sales
Read MoreWeekly Real Estate Take February 2025 - Week 4
The number of new single-family homes being introduced to the market each week is holding steady at 30 new homes per week. Sales have increased this week over last with 12 single family homes selling in the last 7 days (8 sold the week prior). Despite global market uncertainty, the Nanaimo real
Read MoreStrata Tip of the Week - Should I Buy This Condo?
One of the most common questions buyers ask us when getting a strata documents review is, "Should I buy this condo?", or some variation of it. It is a fair question, but the answer is not as straightforward as many hope. There is no such thing as a condo that is objectiv
Read MoreWeekly Real Estate Take February 2025 - Week 3
We are seeing a 5 week average of 30 new single family homes hitting the Nanaimo market every 7 days. Sales were steadily increasing each week up until this week. Only 8 single family homes sold in Nanaimo in the last 7 days. A drop from the 21 homes that sold last week. The general mar
Read MoreWeekly Real Estate Take February 2025 - Week 2
In the last 7 days, 34 single-family homes were introduced to the market in Nanaimo. 21 single-family homes have sold in the last 7 days. The first 14 days of February indicate that real estate trading activity will remain stable and balanced into 2025. The snow-covered ground has put a temporar
Read MoreStrata Tip of the Week - Strata Leaks: What Buyers Should Watch For
Purchasing a unit in a strata corporation with a history of leaks and water-related issues can carry cartain risks. However, leaks are among the most common problem in strata developments, so it’s important to evaluate not just the number of leaks reported, but also their
Read MoreWeekly Real Estate Take [February 2025 - Week 1]
Notable New Listings. I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 703 Stirling Ave a 3 bed, 2 bath, 1,756 sqft University District home listed for $499,900 ($285/sqft), 3954 Jingle Pot Rd a 5 bed, 4 bath, 3310 sqft North Jingle Pot hom
Read MoreStrata Tip of the Week - The Risk of Liability When Relying on AI for Strata Document Reviews
In 2023, the BC Financial Services Authority (BCFSA) published an article titled “What You Should Know When Using Artificial Intelligence”, highlighting the growing role of AI in real estate and the risks professionals should be aware of. As AI technology becomes more integra
Read MoreReal Estate Guidance Without the Pressure: Helping You Make Wise Decisions on Central Vancouver Island
Are you a buyer or a seller? Probably neither. I guess that you have questions about a pending decision, and you are looking for insight and guidance to help with your decision-making. You are not looking for someone to persuade you. You are looking for someone to help you make sense of your si
Read MoreFebruary Newsletter 2025
February 2025 January 2025 saw a 32% increase in unit sales over January 2024. This past month was the busiest start to a year we've seen in over 5 years. New listings have remained steady as have weekly sales. I’m forecasting a healthy spring market with values holding and inventory increasing. T
Read MoreWeekly Real Estate Take [January 2025 - Week 5]
Market Update New listings have held steady this week, with 37 single-family homes being introduced to the Nanaimo market in the last 7 days. The most impactful change has been the number of reported sales. Spring has arrived early this year. Home sales have doubled in the last week, with
Read More