Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 5343 Dewar Rd a 5 bed, 3 bath, 5,297 sqft North Nanaimo home listed for $1,299,900 ($245/sqft), 4999 Dunn Pl a 6 bed, 4 bath, 3423 sqft North Nanaimo home listed for $999,999 ($292/sqft), 419 Hillcrest Ave a 6 bed, 4 bath, 2,708 sqft University District home listed for $825,000 ($305/sqft).
The 3 homes listed this week with the highest $/sqft are 7405/7425 Lantzville Rd a 6 bed, 3 bath, 2,432 sqft Lower Lantzville home listed for $5,499,000 ($2,261/sqft), 7914 Lantzville Rd a 3 bed, 2 bath, 1,572 sqft Lower Lantzville home listed for $2,100,000 ($1,336/sqft), 351 Wesley St a 2 bed, 2 bath, 1,135 sqft Old City home listed for $1,190,000 ($1,048/sqft).
The 3 homes priced the most below their assessed value are 4999 Dunn Pl a 6 bed, 4 bath, 3,423 sqft North Nanaimo home listed for $999,999 (9% below its tax-assessed value), 2059 Stonecrop Rd a 3 bed, 2 bath, 1,463 sqft Chase River home listed for $829,900 (8% below its tax-assessed value), 610 Seventh St a 7 bed, 2 bath, 2,042 sqft South Nanaimo home listed for $649,900 (5% below its tax-assessed value).
The 3 highest priced new listings this week are 7405/7425 Lantzville Rd a 6 bed, 3 bath, 2,432 sqft Lower Lantzville home listed for $5,499,000. 7914 Lantzville Rd a 3 bed, 2 bath, 1,572 sqft Lower Lantzville home listed for $2,100,000. 2120 Huddington Rd a 5 bed, 2 bath, 2,542 sqft Cedar home listed for $1,499,900.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 2920 Hammond Bay Rd who secured a 19% discount off the $2,950,000 asking price (sale price $2,400,000). The buyers of 368 Milton St who secured a 11% discount off the $950,000 asking price (sale price $850,000). The buyers of 153 View St who secured a 9% discount off the $599,000 asking price (sale price $543,500).
The 3 highest cost per sqft sales this week were 2920 Hammond Bay Rd a 4 bed, 3 bath, 2,896 sqft Departure Bay home sold for $2,400,000 ($829/sqft), 1190 Townsite Rd a 2 bed, 2 bath, 820 sqft Central Nanaimo home sold for $496,000 ($605/sqft), 5369 Williamson Rd a 3 bed, 2 bath, 1,514 sqft Hammond Bay home sold for $880,000 ($581/sqft).
The 3 highest sales this week were 2920 Hammond Bay Rd a 4 bed, 3 bath, 2,896 sqft Departure Bay home sold for $2,400,000. 3768 Oak Crest Pl a 3 bed, 3 bath, 2,888 sqft Hammond Bay home sold for $1,635,000. 6600 Groveland Dr a 5 bed, 4 bath, 3,808 sqft North Nanaimo home sold for $1,310,000.
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
I adore these precious summer days on Vancouver Island. This last weekend I spent some time with my sister and her kids at our property on Thetis Island. We did some tubing in Preedy Harbour on Thetis Island, explored the beach at D’ionisio Point on Galiano Island and enjoyed an afternoon in the sun at Tent Island.
- John Cooper
Never miss an update! Subscribe here.
