Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 660 Third St a 6 bed, 4 bath, 3,463 sqft University District home listed for $822,500 ($238/sqft), 2132 Lark Cres a 6 bed, 3 bath, 2,782 sqft Central Nanaimo home listed for $889,000 ($320/sqft), 1754 Country Hills Dr a 5 bed, 3 bath, 2,750 sqft Chase River home listed for $899,900 ($327/sqft).
The 3 homes listed this week with the highest $/sqft are 546 Wakesiah Ave a 6 bed, 3 bath, 212 sqft University District home listed for $749,000 ($353/sqft), 2445 Godfrey Rd a 5 bed, 3 bath, 2,342 sqft Na Extension home listed for $2,249,900 ($961/sqft), 3002 Charles St a 2 bed, 2 bath, 1,541 sqft Departure Bay home listed for $979,000 ($635/sqft).
The 3 homes priced the most below their assessed value are 1364 Leask Rd a 3 bed, 3 bath, 2,838 sqft Cedar home listed for $1,200,000 (7% below its tax-assessed value), 6625 Green Acres Way a 4 bed, 3 bath, 1,868 sqft Pleasant Valley home listed for $999,999 (7% below its tax-assessed value), 1733 Northfield Rd a 4 bed, 1 bath, 1,356 sqft Central Nanaimo home listed for $609,000 (4% below its tax-assessed value).
The 3 highest priced new listings this week are 950 Bruce Ave a 5 bed, 2 bath, 1,485 sqft South Nanaimo home listed for $2,799,900. 116 Sharon Pl a 5 bed, 6 bath, 4,601 sqft North Nanaimo home listed for $1,949,900. 129 Sharon Pl a 4 bed, 3 bath, 3,283 sqft North Nanaimo home listed for $1,395,000.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 274 Lambert Ave who secured a 8% discount off the $829,000 asking price (sale price $765,000). The buyers of 6540 Southampton Rd who secured a 7% discount off the $968,000 asking price (sale price $905,000). The buyers of 1090 Dufferin Cres who secured a 6% discount off the $695,000 asking price (sale price $650,000).
The 3 highest cost per sqft sales this week were 5693 Amsterdam Cres a 3 bed, 1 bath, 1,308 sqft Pleasant Valley home sold for $757,500 ($579/sqft), 4136 Orchard Cir a 3 bed, 2 bath, 1,356 sqft Uplands home sold for $702,500 ($518/sqft), 818 Glengarry Cres a 3 bed, 2 bath, 1,600 sqft South Nanaimo home sold for $812,000 ($508/sqft).
The 3 highest sales this week were 5391 Sunhaven Pl a 5 bed, 3 bath, 3,775 sqft North Nanaimo home sold for $1,345,000. 6115 Pine Ridge Cres a 5 bed, 4 bath, 2,505 sqft Pleasant Valley home sold for $979,000. 6540 Southampton Rd a 5 bed, 3 bath, 2,353 sqft North Nanaimo home sold for $905,000.
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
In the last week we have been busy handing over keys to various clients closing on their properties. This is one of the greatest joys in this career, seeing families sharing their excitement for their future plans at their new home is a view I will never tire of.
Other than enjoying this epic island summer, I had the opportunity to help the local Firefighters and First Responders raise some money on Saturday night. I got talked into taking an amateur boxing match with a local Firefighter in front of about 800 people at the Vancouver Island Conference Centre. I was the oldest athlete on the card, and the only non-first responder on the card. It was an absolute blast, and over $20,000 was raised for first responders. You can watch the whole event on Youtube, and if you just want to watch my coverage, it starts at the 1hr 50min mark (1:50) (video here).
- John Cooper
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