Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 765 Short Ave a 4 bed, 2 bath, 2,358 sqft South Nanaimo home listed for $600,000 ($254/sqft), 58 Pine St a 6 bed, 6 bath, 2,451 sqft Old City home listed for $714,999 ($292/sqft), 713 Dogwood Rd a 5 bed, 3 bath, 2,361 sqft University District home listed for $749,900 ($318/sqft).
The 3 homes listed this week with the highest $/sqft are 7694 Lantzville Rd a 4 bed, 3 bath, 3,418 sqft Lower Lantzville home listed for $3,500,000 ($1,024/sqft), 7727 Superior Rd a 4 bed, 2 bath, 1,752 sqft Upper Lantzville home listed for $1,499,900 ($856/sqft), 2715 Yellow Point Rd a 4 bed, 3 bath, 2,215 sqft Cedar home listed for $1,461,000 ($660/sqft).
The 3 homes priced the most below their assessed value are 210 Crestline Terr a 6 bed, 5 bath, 2,927 sqft Hammond Bay home listed for $1,449,900 (1% below its tax-assessed value), 561 Marisa St a 5 bed, 3 bath, 2,294 sqft South Nanaimo home listed for $840,000 (listed at its tax-assessed value), 2715 Yellow Point Rd a 4 bed, 3 bath, 2,215 sqft Cedar home listed for $1,461,000 (listed at its tax-assessed value).
The 3 least expensive new listings this week are 444 Hamilton Ave a 2 bed, 1 bath, 893 sqft Old City home listed for $515,000. 2987 105th St a 2 bed, 1 bath, 1,000 sqft Uplands home listed for $559,000. 765 Short Ave a 4 bed, 2 bath, 2,358 sqft South Nanaimo home listed for $600,000.
The 3 most expensive new listings this week are 7694 Lantzville Rd a 4 bed, 3 bath, 893 sqft Lower Lantzville home listed for $3,500,000. 3603 Monterey Dr a 7 bed, 4 bath, 4,096 sqft North Jingle Pot home listed for $1,578,900. 3875 Gulfview Dr a 5 bed, 6 bath, 2,955 sqft Hammond Bay home listed for $1,545,500.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 1750 Waddington Rd who secured a 13% discount off the $499,000 asking price (sale price $435,000). The buyers of 3835 Departure Bay Rd who secured a 9% discount off the $729,000 asking price (sale price $660,000). The buyers of 6239 Scollos Pl who secured a 9% discount off the $1,150,000 asking price (sale price $1,050,000).
The 3 highest cost per sqft sales this week were 1750 Waddington Rd a 1 bed, 1 bath, 668 sqft Central Nanaimo home sold for $435,000 ($651/sqft), 3835 Departure Bay Rd a 3 bed, 2 bath, 1,296 sqft Departure Bay home sold for $660,000 ($509/sqft), 1090 St. David Cres a 4 bed, 3 bath, 1,510 sqft Central Nanaimo home sold for $665,000 ($440/sqft).
The 3 highest sales this week were 5750 Norasea Rd a 5 bed, 3 bath, 3,992 sqft North Nanaimo home sold for $1,321,000. 5610 Linley Valley Dr a 5 bed, 5 bath, 3,528 sqft North Nanaimo home sold for $1,205,000. 2830 Haliday Cres a 5 bed, 4 bath, 3,274 sqft Departure Bay home sold for $1,178,000.
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
This past week was likely one of the best weeks of the year. Starting with getting asked to referee at UFC Vancouver to a sold out Rogers Arena (image here), in front of over 17,000 fans. The highlight for me was getting to referee the main event of the Preliminary Card, Dober vs, Prepolec (link here). Professional MMA officiating is my favourite hobby and I get to work with the best crew (picture here). This experience also had me reflecting on my own short Professional MMA career, dating back to my start in MMA in 1999 (image here).
The dust hadn't even settled on my UFC Vancouver experience and I flew to Miami for eXpCon 2025. This real estate industry event had over 4700 attendees and real estate experts from around the world. I was fortunate to get selected to speak on the subject of “Homeowner Consultations” and also entered eXp Pitchfest, where I was crowned the 2025 eXpCon Pitchfest Champion (image here). This was one of the best real estate conferences I have ever attended. It was extra special to get recognized for my 7 consecutive ICON awards (image here). Full event highlight video here (video link).
- 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!
