All in Real Estate
Bidding wars are still common for the most desirable properties. Here’s how to win and avoid regrets. Bidding wars are the unfortunate result of scarcity. Ideal market conditions are balanced and reduce the likelihood of a bidding war, but bidding wars still happen in balanced markets when a unique rarely available property is listed.
Are you going away for the holidays? How about for a weekend visit with family? You could pay for all your gift shopping simply by letting someone stay at your place while you’re away!
This real estate update is focused on the City of Richmond. Real estate is local and even though Vancouver and Toronto are in the news that doesn’t help people living in sub-markets like Richmond. The fact that luxury downtown condos aren’t as well as quickly doesn’t have much bearing on Richmond.
North Vancouver House and Condo prices have dipped since the beginning of the year, but Sale Prices across all property types has increased since 2016.
Based on home price gains, these Lower Mainland neighbourhoods have appreciated in value more than others. This presents an opportunity for locals to move to new neighbourhoods that would have previously been beyond their reach.
Selling your home? Unhappy with the results? Houses used to sell themselves with little effort from an agent, but these days sellers need talented agents they can trust. Find out when to say goodbye, and what to look for in a new agent.
Sometimes it's necessary, or just a good idea, to rent out your condo unit. However, before you go looking for renters, you should become familiar with the rules and regulations related to renting out your condo.
Eventually, we will see a cold snap and rather than get stuck with higher heating bills or a nasty repair bill, there are a few things you can do to prepare your condo for the colder months - and save money at the same time.
