Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 1180 Townsite Rd a 4 bed, 3 bath, 2,363 sqft Central Nanaimo home listed for $679,000 ($287/sqft), 1050 Southwood Dr a 6 bed, 3 bath, 2,843 sqft South Nanaimo home listed for $939,900 ($331/sqft), 19 View St a 3 bed, 1 bath, 1,198 sqft South Nanaimo home listed for $399,000 ($333/sqft).
The 3 homes listed this week with the highest $/sqft are 5020/5010 Fillinger Cres a 3 bed, 2 bath, 1,403 sqft North Nanaimo home listed for $3,250,000 ($2,316/sqft), 547 Seventh St a 1 bed, 1 bath, 704 sqft University District home listed for $499,900 ($710/sqft), 7190 Hase Pl a 6 bed, 5 bath, 3,330 sqft Upper Lantzville home listed for $2,200,000 ($661/sqft).
The 3 homes priced the most below their assessed value are 547 Seventh St a 1 bed, 1 bath, 704 sqft University District home listed for $499,900 (12% below its tax-assessed value), 1085 College Dr a 4 bed, 3 bath, 1,414 sqft University District home listed for $875,000 (12% below its tax-assessed value), 19 View St a 3 bed, 1 bath, 1,198 sqft South Nanaimo home listed for $399,000 (8% below its tax-assessed value).
The 3 least expensive new listings this week are 19 View St a 3 bed, 1 bath, 1,198 sqft South Nanaimo home listed for $399,000. 547 Seventh St a 1 bed, 1 bath, 704 sqft University District home listed for $499,900. 308 Holly Ave a 2 bed, 1 bath, 1,008 sqft Central Nanaimo home listed for $549,900.
The 3 most expensive new listings this week are 5020/5010 Fillinger Cres a 3 bed, 2 bath, 1,198 sqft North Nanaimo home listed for $3,250,000. 7190 Hase Pl a 6 bed, 5 bath, 3,330 sqft Upper Lantzville home listed for $2,200,000. 3685 Planta Rd a 6 bed, 4 bath, 3,204 sqft Hammond Bay home listed for $1,599,900.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 5667 Muggies Way who secured a 12% discount off the $1,388,000 asking price (sale price $1,217,000). The buyers of 1940 Woobank Rd who secured a 9% discount off the $1,199,900 asking price (sale price $1,090,000). The buyers of 2715 Yellow Point Rd who secured a 8% discount off the $1,461,000 asking price (sale price $1,340,000).
The 3 highest cost per sqft sales this week were 1940 Woobank Rd a 3 bed, 2 bath, 1,607 sqft Cedar home sold for $1,090,000 ($678/sqft), 2715 Yellow Point Rd a 4 bed, 3 bath, 2,215 sqft Cedar home sold for $1,340,000 ($605/sqft), 710 Connaught Ave a 4 bed, 2 bath, 1,740 sqft South Nanaimo home sold for $714,000 ($410/sqft).
The 3 highest sales this week were 3603 Monterey Dr a 7 bed, 4 bath, 4,096 sqft North Jingle Pot home sold for $1,498,000. 2715 Yellow Point Rd a 4 bed, 3 bath, 2,215 sqft Cedar home sold for $1,340,000. 6542 Raven Rd a 4 bed, 4 bath, 3,324 sqft North Nanaimo home sold for $1,280,000.
If you are looking for details on a recent sale not mentioned here, email me and I will send you the sale price.
This Week in John’s Life
Maybe it's the final rush of activity before year’s end, but this has been the busiest start to December that I have experienced in many years. Our team sold half a dozen homes so far this month. The team and I are really looking forward to some quiet time around the holidays.
If you haven't been to Downtown Nanaimo yet this December, I highly recommend a visit to our local shops. Commercial street has never looked better and the downtown shopping just ‘hits-different’ than the mall. My girls and I also took the Hullo ferry to Downtown Vancouver for some additional shopping. It’s the best of both worlds when you live in Nanaimo.
- John Cooper
Whether you’re looking for further clarification on the points and insights above, would like to discover your specific home value, or just have real estate questions you’d like answered, I’d love to hear from you!
Reach out to me directly at john@johncooper.ca or 250-619-9207.
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