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Weekly Real Estate Take June 2025 - Week 4
The number of new single family homes entering the Nanaimo market in the last 7 days is on the decline with 62 homes listed last week. That's down from 82 homes listed in the previous week. Last week was a record for single family home sales with 35 homes selling. The highest number of sales in a
Read MoreStrata Tip of the Week - Providing Strata Lot Access
Strata corporations are allowed to access various areas of a property when needed in order to carry out their responsibilities. For example: If a limited common property patio is assigned to a strata lot and repairs are required, the strata can request access from the own
Read MoreSmart Decisions Start with Honest Advice
When deciding on a real estate advisor, there are a number of skills that you should be looking for, including marketing excellence, negotiating skills, property valuation expertise, and communication skills. Be on the lookout for advisors who struggle with difficult conversations. The last thing
Read MoreWeekly Real Estate Take June 2025 - Week 3
The last 3 weeks have seen the highest number of homes selling in a 21 day stretch in 2025. 82 new single family homes were listed in Nanaimo in the last week. That's 6 more homes available than the previous week. Sales also increased with 28 homes selling in Nanaimo in the l
Read MoreStrata Tip of the Week - Understanding the Schedule of Unit Entitlement
1. What Is a Schedule of Unit Entitlement? In BC, the Schedule of Unit Entitlement is a numerical table which determines two important things for each strata lot: A. The share of common property and common assets that each strata lot owns, and B. The proportion of common ex
Read MoreJune Newletter 2025
This week 76 new single family homes hit the Nanaimo real estate market. In the same period, 26 homes sold in Nanaimo. Based on my conversations with agents in Nanaimo and across the country, Nanaimo is outperforming most markets in Canada in terms of sales activity. Our local market is busy. W
Read MoreWeekly Real Estate Take June 2025 - Week 1
Last week I predicted that there would be more than 56 new single family homes listed in Nanaimo over the last 7 days. Turns out 88 homes were listed! Sales declined from 31 the previous week to 26 homes selling in the last 7 days. The Nanaimo market is busy right now. Nanaimo is still some of the
Read MoreWeekly Real Estate Take May 2025 - Week 4
In the last week the number of new Nanaimo single family homes introduced to the market has decreased from 78 last week to 56 this week. Sales have increased to the highest number of reported sales in a 1 week period since January with 31 homes selling last week. This absorpt
Read MoreStrata Tip of the Week - Who Can Access Strata Documents and How Much Can a Strata Charge for Them?
Obtaining complete and current documents from strata corporations or their management companies is one of the biggest challenges we run into when working on strata document reviews for buyers and Realtors. That’s why it’s important to understand who can request strata docum
Read MoreWeekly Real Estate Take May 2025 - Week 3
For the last 3 weeks in a row there have been more than 75 single family homes introduced to the Nanaimo market. That is over 230 homes in 3 weeks. During that same time period there have been 68 homes sold. Inventory continues to rise, albeit subtle, and most asset categories are balanced, or slig
Read MoreStrategic. Data-Driven. Designed to Sell. Your home deserves more than a listing—it deserves a marketing plan.
Selling one of your most valuable assets isn’t something to leave to chance. It requires a smart, strategic approach grounded in data, market insight, and proven experience. From timing the listing to crafting compelling visuals and positioning the home across multiple platforms, every detail mat
Read MoreStrata Tip of the Week - The Civil Resolutions Tribunal (CRT)
1. What is the Civil Resolutions Tribunal? The Civil Resolutions Tribunal (CRT) is an online tribunal in British Columbia that helps address issues involving strata corporations, small claims, and other matters without needing to go to court. Since it was introduced in 201
Read MoreWeekly Real Estate Take May 2025 - Week 2
Almost no changes this week, compared to last week. 77 new single family homes were listed in the last 7 days (down from 78 last week), and 26 homes sold within that same time period (down from 22 last week). During the busy spring market, it is more important than ever to make sure you
Read MoreStrata Tip of the Week - Did You Get the Latest, Enforceable Set of Bylaws?
Based on our experience, approximately 25% of strata corporations, or their management companies, don’t provide the most recent set of bylaws. Here’s how to make sure you’ve got the latest, enforceable version. 1. Where can I find the strata corporation’s bylaws? All str
Read MoreMay Newsletter 2025
Single-family detached home sales are holding steady with 30 homes (+/- 5 homes) selling every week. The number of homes being introduced to the market has much higher variability. 72 homes were listed last week, up from 52 the previous week. May is typically the busiest month of the year and I e
Read MoreStrata Tip of the Week - The Difference Between a Strata Lot, Common Property or Limited Common Property
We often get questions about the difference between a strata lot, common property, and limited common property, so here it is: In British Columbia, land registered at the Land Title Office can be subdivided in different ways. One of these is a “strata subdivision,” which
Read MoreWeekly Real Estate Take April 2025 - Week 4
50 single family homes have been introduced to the Nanaimo market in the last 7 days. Almost half as many homes sold within the same time frame. Market conditions for single family detached homes remain balanced. Home values are holding. Interested in Your Home's Value? Email me for a personalized
Read MoreStrata Tip of the Week - The Risks Associated with Low Strata Fees
It’s important for strata corporations to be fiscally responsible. However, strata corporations whose main focus is keeping strata fees as low as possible can, at times, make decisions that lead to low strata fees in the short term, but significantly higher costs to owners
Read MoreApril Newsletter 2025
This was a record week for new listings with 80 single family homes being introduced to the Nanaimo market in the last 7 days. This is the highest number of homes listed in a 7 day period since we started publishing these weekly reports (24 months). Sales are holding steady with 23 homes selling
Read MoreStrata Tip of the Week - In-Unit Hot Water Tanks
Some strata buildings have one or more central hot water tanks that supply all the units, while others are designed with individual hot water tanks located inside each unit. When a tank is located in the unit: 1. It typically only services that unit. 2. It’s usually consi
Read MoreWeekly Real Estate Take [March 2025 - Week 4]
This week we saw a subtle increase in new listings with 46 new single-family homes getting introduced to the Nanaimo market (up from 41 last week). Sales have declined by 34%, with 12 homes selling in the last 7 days. Anecdotally, Spring 2025 is outperforming 2024 and it will be interesting to see
Read MoreHow to Get the Most Value from a Free Home Evaluation: Simple Tips for Homeowners
Real estate agents love to offer free home evaluations, and I want to help you make the most out of this opportunity. In this video, I cover some simple tips to help you maximize the value from this offer for a free home evaluation.
Read MoreStrata Tip of the Week - Does This Strata Have Enough in Its CRF?
One of the most common questions we get from buyers when reviewing strata corporations is: Does this strata have “enough” in its Contingency Reserve Fund (CRF)? It’s a straightforward question, but the answer can vary significantly depending on what’s being asked. To get a
Read MoreWeekly Real Estate Take [March 2025 - Week 3]
Market Update The number of new homes listed this week has moderated to a more sustainable level with 41 new single-family detached homes hitting the market in the last 7 days. We have also seen a 50% increase in reported home sales with 18 homes selling in the last 7 days. Despite the un
Read MoreStrata Tip of the Week - Are These Strata Fees High?
A common question we hear from buyers is: “Are these strata fees high?” At first glance, it might seem like a straightforward question, but the answer isn’t always simple. Whether strata fees are “high” depends on what they include and what you’re comparing them to. If you
Read MoreWeekly Real Estate Take [March 2025 - Week 2]
Market Update This week was another record week for new listings. We had 60 single-family homes listed in Nanaimo in the last 7 days. This is not unusual this time of year. However, we have seen an unexpected decrease in sales this week, with only 10 homes selling in the last 7 days. That
Read MoreStrata Tip of the Week - What is the Strata Corporation Required to Insure?
All strata corporations in BC, regardless of size, must obtain property and liability insurance, including bare land strata corporations and strata-titled duplexes. 1. Property Insurance A. The strata corporation’s property insurance must be for: Common property Comm
Read MoreWeekly Real Estate Take March 2025 - Week 1
Notable New Listings I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 7503 Clark Cres a 5 bed, 3 bath, 4873 sqft Upper Lantzville home listed for $1,397,000 ($287/sqft), 781 Chelsea St a 5 bed, 2 bath, 2208 sqft Central Nanaimo home listed
Read MoreMarch Newsletter 2025
This week a record number of new single family detached homes were introduced to the Nanaimo market. This is the highest number of new listings we have seen since August of 2024. That said, we have also seen an increase in sales. 19 single family homes sold in the last 7 days which is 7 more sales
Read MoreWeekly Real Estate Take February 2025 - Week 4
The number of new single-family homes being introduced to the market each week is holding steady at 30 new homes per week. Sales have increased this week over last with 12 single family homes selling in the last 7 days (8 sold the week prior). Despite global market uncertainty, the Nanaimo real
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