Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 415 Machleary St a 7 bed, 4 bath, 3,231 sqft Old City home listed for $800,000 ($248/sqft), 3134 Robin Hood Dr a 6 bed, 5 bath, 3,250 sqft Departure Bay home listed for $899,900 ($277/sqft), 4425 Gulfview Dr a 4 bed, 3 bath, 2,536 sqft North Nanaimo home listed for $729,900 ($288/sqft).
The 3 homes listed this week with the highest $/sqft are 2453 East Wellington Rd a 3 bed, 2 bath, 2,342 sqft North Jingle Pot home listed for $2,100,000 ($897/sqft), 5378 Rutherford Rd a 2 bed, 2 bath, 1,319 sqft North Nanaimo home listed for $894,900 ($678/sqft), 3237 Ridgeview Pl a 5 bed, 6 bath, 3,911 sqft North Jingle Pot home listed for $2,617,000 ($669/sqft).
The 3 homes priced the most below their assessed value are 4712 Laguna Way a 3 bed, 3 bath, 2,292 sqft Hammond Bay home listed for $769,900 (17% below its tax-assessed value), 2615 Starlight Trail a 4 bed, 2 bath, 2,158 sqft Diver Lake home listed for $724,999 (16% below its tax-assessed value), 2453 East Wellington Rd a 3 bed, 2 bath, 2,342 sqft North Jingle Pot home listed for $2,100,000 (14% below its tax-assessed value).
The 3 least expensive new listings this week are 765 Dufferin St a 2 bed, 1 bath, 1,012 sqft Central Nanaimo home listed for $525,000. 75 Riley Pl a 3 bed, 2 bath, 1,412 sqft North Nanaimo home listed for $549,900. 3607 Sunrise Pl a 4 bed, 2 bath, 1,829 sqft Uplands home listed for $624,900.
The 3 most expensive new listings this week are 5326 Dewar Rd a 8 bed, 7 bath, 1,012 sqft North Nanaimo home listed for $2,688,000. 3237 Ridgeview Pl a 5 bed, 6 bath, 3,911 sqft North Jingle Pot home listed for $2,617,000. 2453 East Wellington Rd a 3 bed, 2 bath, 2,342 sqft North Jingle Pot home listed for $2,100,000.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 2586 Theresa Terr who secured a 6% discount off the $789,000 asking price (sale price $740,000). The buyers of 1013 Strathmore St who secured a 5% discount off the $699,900 asking price (sale price $665,000). The buyers of 1616 Morey Rd who secured a 5% discount off the $720,000 asking price (sale price $685,000).
The 3 highest cost per sqft sales this week were 1381 Discovery Ave a 3 bed, 2 bath, 1,344 sqft Brechin Hill home sold for $680,000 ($506/sqft), 3508 Monterey Dr a 3 bed, 2 bath, 2,161 sqft North Jingle Pot home sold for $1,040,000 ($481/sqft), 2586 Theresa Terr a 3 bed, 2 bath, 1,619 sqft Diver Lake home sold for $740,000 ($457/sqft).
The 3 highest sales this week were 5211 Hammond Bay Rd a 5 bed, 3 bath, 2,663 sqft North Nanaimo home sold for $1,065,000. 3508 Monterey Dr a 3 bed, 2 bath, 2,161 sqft North Jingle Pot home sold for $1,040,000. 1050 Southwood Dr a 6 bed, 3 bath, 2,843 sqft South Nanaimo home sold for $920,000.
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
What a whirlwind of a week! We hit the ground running by introducing a fantastic new property to the market (video here), and the response was nothing short of incredible: 20 showings, 40 open house attendees, and 10 offers within the very first week. On top of that, the reviews keep rolling in on Rate-My-Agent.com, helping us maintain our #1 ranking in Nanaimo. I am beyond proud of the team and so grateful for the continued trust of our clients.
Between the high-energy sales and a busy schedule of home evaluations—perfectly timed with the BC Assessment mailouts—it’s been a productive start to the year. On the home front, things are just as busy! Avery and June are officially starting a brand-new semester at NDSS, and we’ve been lucky enough to enjoy some truly fabulous Nanaimo weather to kick off the week.
- 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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