Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 5505 Godfrey Rd a 4 bed, 2 bath, 2,137 sqft Pleasant Valley home listed for $649,900 ($304/sqft), 301 Putter Pl a 4 bed, 3 bath, 2,272 sqft Departure Bay home listed for $698,000 ($307/sqft), 3521 FAIRVIEW Dr a 5 bed, 3 bath, 2,907 sqft Uplands home listed for $895,000 ($308/sqft).
The 3 homes listed this week with the highest $/sqft are 1710 Centennary Dr a 4 bed, 2 bath, 1,782 sqft Extension home listed for $1,175,000 ($659/sqft), 5030 Lost Lake Rd a 4 bed, 2 bath, 1,981 sqft North Nanaimo home listed for $1,190,000 ($601/sqft), 1025 Vancouver Ave a 3 bed, 1 bath, 942 sqft Brechin Hill home listed for $539,900 ($573/sqft).
The 3 homes priced the most below their assessed value are 5301 Toms Trnabt a 4 bed, 2 bath, 1,677 sqft Hammond Bay home listed for $719,000 (12% below its tax-assessed value), 5505 Godfrey Rd a 4 bed, 2 bath, 2,137 sqft Pleasant Valley home listed for $649,900 (10% below its tax-assessed value), 4911 Denford Pl a 5 bed, 3 bath, 3,056 sqft Hammond Bay home listed for $1,075,000 (9% below its tax-assessed value).
The 3 highest priced new listings this week are 2500 Myles Lake Rd a 4 bed, 4 bath, 2,423 sqft Extension home listed for $1,349,900. 207 LINSTEAD Pl a 4 bed, 3 bath, 2,517 sqft North Nanaimo home listed for $1,295,000. 6593 Kestrel Cres a 6 bed, 4 bath, 3,557 sqft North Nanaimo home listed for $1,288,000.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 5912 Waldbank Rd who secured a 12% discount off the $2,699,900 asking price (sale price $2,380,000). The buyers of 3161 Angus Rd who secured a 10% discount off the $799,000 asking price (sale price $718,000). The buyers of 3765 Marjorie Way who secured a 9% discount off the $1,099,000 asking price (sale price $1,005,000).
The 3 highest cost per sqft sales this week were 2235 Bourbon Rd a 3 bed, 2 bath, 1,346 sqft Central Nanaimo home sold for $770,000 ($572/sqft), 440 Hillcrest Ave a 3 bed, 2 bath, 1,175 sqft University District home sold for $671,000 ($571/sqft), 481 Lambert Ave a 3 bed, 1 bath, 1,042 sqft University District home sold for $583,000 ($560/sqft).
The 3 highest sales this week were 5912 Waldbank Rd a 4 bed, 4 bath, 4,888 sqft North Nanaimo home sold for $2,380,000. 2498 Lynburn Cres a 5 bed, 4 bath, 2,893 sqft Departure Bay home sold for $1,295,000. 2765 Horth Rd a 6 bed, 4 bath, 3,757 sqft Diver Lake home sold for $1,150,000.
This Week in John’s Life
This week has been busy meeting with homeowners getting ready to take advantage of early spring 2026 market conditions. For many of them, this means getting photography done now, while the grass is green and the sky is bright.
I spent the last 5 days being a “tourist at home”. I had a friend visiting from outside the province. We explored Vancouver, Nanaimo, Tofino, Port Alberni, and Whistler over the last 5 days. I am always reminded by the reactions of others, just how incredibly lucky I am to call British Columbia home.
- John Cooper
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