Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 736 Terminal Ave N a 3 bed, 3 bath, 2,553 sqft Central Nanaimo home listed for $549,900 ($215/sqft), 3817 Hammond Bay Rd a 4 bed, 3 bath, 3,126 sqft Hammond Bay home listed for $899,000 ($288/sqft), 3533 Fairview Dr a 4 bed, 4 bath, 2,702 sqft Uplands home listed for $841,999 ($312/sqft).
The 3 homes listed this week with the highest $/sqft are 7297 Aulds Rd a 3 bed, 3 bath, 2,210 sqft Upper Lantzville home listed for $1,649,000 ($746/sqft), 5948 Waldbank Rd a 4 bed, 3 bath, 2,478 sqft North Nanaimo home listed for $1,698,000 ($685/sqft), 6513 Phantom Rd a 3 bed, 3 bath, 2,212 sqft Upper Lantzville home listed for $1,499,990 ($678/sqft).
The 3 homes priced the most below their assessed value are 2062 Waring Rd a 4 bed, 2 bath, 1,920 sqft Cedar home listed for $650,000 (21% below its tax-assessed value), 2031 Waring Rd a 2 bed, 2 bath, 1,737 sqft Cedar home listed for $699,900 (18% below its tax-assessed value), 2376 York Cres a 5 bed, 3 bath, 1,955 sqft Diver Lake home listed for $631,900 (8% below its tax-assessed value).
The 3 least expensive new listings this week are 1445 Waddington Rd a 3 bed, 1 bath, 1,032 sqft Central Nanaimo home listed for $519,900. 736 Terminal Ave N a 3 bed, 3 bath, 2,553 sqft Central Nanaimo home listed for $549,900. 2376 York Cres a 5 bed, 3 bath, 1,955 sqft Diver Lake home listed for $631,900.
The 3 most expensive new listings this week are 156 Golden Oaks Cres a 3 bed, 4 bath, 1,032 sqft Hammond Bay home listed for $1,995,000. 5948 Waldbank Rd a 4 bed, 3 bath, 2,478 sqft North Nanaimo home listed for $1,698,000. 7336 High Ridge Cres a 3 bed, 3 bath, 2,475 sqft Upper Lantzville home listed for $1,660,000.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 6869 Philip Rd, who secured a 5% discount off the $949,900 asking price (sale price $905,000). The buyers of 1180 Townsite Rd secured a 4% discount off the $679,000 asking price (sale price $650,000). The buyers of 2620 Glenayr Dr secured a 2% discount off the $799,900 asking price (sale price $786,000).
The 3 highest cost per sqft sales this week were 547 Seventh St a 1 bed, 1 bath, 704 sqft University District home sold for $500,000 ($710/sqft), 240 View St a 2 bed, 2 bath, 932 sqft South Nanaimo home sold for $545,000 ($585/sqft), 680 Pine St a 3 bed, 1 bath, 1,161 sqft Old City home sold for $524,900 ($452/sqft)
The 3 highest sales this week were 917 Harbour View St a 5 bed, 5 bath, 2,800 sqft South Nanaimo home sold for $913,500. 6869 Philip Rd a 3 bed, 3 bath, 2,252 sqft Upper Lantzville home sold for $905,000. 3732 Cottleview Dr a 5 bed, 3 bath, 2,516 sqft Uplands home sold for $855,000.
This Week in John’s Life
This week has been all about intentional recovery. I’ve spent the tail-end of my Mexico trip between the vibrant streets of Puerto Vallarta and the surf-town ease of Sayulita. Following a busy year, I opted for a 'low-decision' travel style—prioritizing long walks, fresh food, and daily exercise over a rigid itinerary. It’s been a powerful reminder that sometimes the best way to move forward is to step into a different pace of life. I’m returning home gently rejuvenated and convinced that the holiday season in Mexico is exactly what the doctor ordered for a balanced year ahead.
- John Cooper
If you are looking for details on a recent sale not mentioned here, email me and I will send you the sale price.
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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