Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 5217 Cougar Trail Rd a 4 bed, 4 bath, 3,048 sqft Uplands home listed for $949,000 ($311/sqft), 721 Quail Pl a 6 bed, 4 bath, 3,202 sqft Uplands home listed for $999,900 ($312/sqft), 949 Harbour View St a 5 bed, 4 bath, 2,523 sqft South Nanaimo home listed for $840,000 ($333/sqft).
The 3 homes listed this week with the highest $/sqft are 6861 Wayne Pl a 4 bed, 3 bath, 2,501 sqft Lower Lantzville home listed for $1,795,000 ($718/sqft), 1634 Cedar Rd a 3 bed, 1 bath, 1,371 sqft Cedar home listed for $899,900 ($656/sqft), 1813 Rugg Rd a 6 bed, 4 bath, 3,771 sqft Cedar home listed for $2,390,000 ($634/sqft).
The 3 homes priced the most below their assessed value are 5024 Rheanna Pl a 3 bed, 3 bath, 1,598 sqft Pleasant Valley home listed for $649,900 (15% below its tax-assessed value), 3765 Marjorie Way a 6 bed, 4 bath, 3,300 sqft North Jingle Pot home listed for $1,099,000 (4% below its tax-assessed value), 7185 Royal Dr a 3 bed, 3 bath, 1,947 sqft Upper Lantzville home listed for $1,110,000 (2% below its tax-assessed value).
The 3 highest priced new listings this week are 1813 Rugg Rd a 6 bed, 4 bath, 3,771 sqft Cedar home listed for $2,390,000. 104 WHITEFISH Pl SE a 8 bed, 7 bath, 5,350 sqft North Nanaimo home listed for $1,988,888. 7462 Copley Ridge Dr a 5 bed, 5 bath, 4,622 sqft Upper Lantzville home listed for $1,9499,00.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 421 Third St who secured a 18% discount off the $639,900 asking price (sale price $523,500). The buyers of 3345 Mcguire Way who secured a 12% discount off the $1,250,000 asking price (sale price $1,103,750). The buyers of 130 Canterbury Cres who secured a 11% discount off the $2,76,900 asking price (sale price $2,460,000).
The 3 highest cost per sqft sales this week were 671 Chelsea St a 3 bed, 2 bath, 1,180 sqft Central Nanaimo home sold for $715,000 ($606/sqft), 1676 Wilkinson Rd a 2 bed, 1 bath, 1,004 sqft Cedar home sold for $575,000 ($573/sqft), 5949 Breonna Dr a 3 bed, 2 bath, 1,307 sqft North Nanaimo home sold for $715,000 ($547/sqft).
The 3 highest sales this week were 130 Canterbury Cres a 4 bed, 4 bath, 6,500 sqft Departure Bay home sold for $2,460,000. 100 Abalone Pl a 7 bed, 7 bath, 5,410 sqft North Nanaimo home sold for $1,777,500. 129 Sharon Pl a 4 bed, 3 bath, 3,283 sqft North Nanaimo home sold for $1,415,000.
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 week we handed over keys on a number of properties, including a Departure Bay family home (video here) and a light industrial warehouse in Parksville (video here). We also had accepted offers on an Ocean View College Heights property (video here) and a townhome in Parksville.
In the last week, I spent a few days on Salt Spring Island. I explored Maracaibo and downtown Ganges. I also took Avery & June to Vancouver on the Hullo ferry for the day. We did some back to school shopping and a nice dinner at our favourite restaurant Din Tai Fung on Alberni Street in Downtown Vancouver. This just opened up in Vancouver earlier this year. We have been to Din Tai Fung’s in Bangkok and Seattle, and now Vancouver. If you have not been, it is highly recommended.
- John Cooper
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