I have listed a new property at 23 1000 CHASE RIVER ROAD in NANAIMO.
Enjoy warm ocean breezes from the peaceful great rooms! Imagine dining with beautiful Ocean views of Cameron Island, Gabriola, The Coastal Mountains, wildlife, BC Ferries, and the eagles perched high above the Nanaimo River Estuary. Ocean views, start the moment you enter the front door. Almost every room in this mobile offers a panoramic view of the ocean! From the bright open living great room, formal Dining room, through to the office studio, Laundry/Exercise room, all the way to the master bedroom! In addition to this, many updates have been done including a New $4,800 modern wood burning stove, newer roof, cabinets, hot water tank, flooring, plus more! There are 2 bedrooms in the home with an addition that could easily work as a third if needed. This home offers relaxed ocean living at a great price! Situated on one of the best spots in the park. With Pets welcome, this home can also be rented, in this 55+ park, with somewhat relaxed rules.
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I have listed a new property at 15 3560 HALLBERG ROAD in NANAIMO.
Peaceful living in a quiet park. This roomy mobile has had a number of upgrades including a newer roof, flooring, kitchen and an efficient heat pump. There are 2 spacious bedrooms plus a large storage room which could also be used as an in-house workshop. The backyard offers a nice garden area and 3 separate storage sheds. There are walking trails and lakes/creeks nearby. The park is well run and local amenities include the Timberland's Pub, a convenience store and a pizza place. The airport, ferries and shopping are just a short drive away. Reasonable offers are welcome. Quick possession is available. Pets welcome with park approval. All measurements are approximate and should be verified if important.
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I have sold a property at 2310 MCCULLOUGH ROAD in NANAIMO.
Long term business, well established in Nanaimo for over 30 years. Reputation for quality workmanship and service. Price includes land, building, business, equipment and inventory. Great opportunity for a cabinet maker or someone wanting small business to manage and hire trades people. Situated in Northfield Industrial Park located in Central Nanaimo with easy access to Northfield Road, Nanaimo Parkway Hwy 19 and Hwy 19A Island Hwy.
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I have sold a property at 6177 PARKWOOD DRIVE in NANAIMO.
The moment you walk into this beautiful 3 bedroom 3 bathroom home you are struck by its warmth and pride of ownership. The Living Room is spacious and boasts wonderful views of the park across the street. The Dining Room is roomy with a hutch alcove and has sliding glass doors to the deck and yard beyond. You will love the bright well designed Kitchen with its skylight, eating nook, lots of storage and plenty of counter space. The large family room has a contemporary gas fireplace and sliding glass doors to the amazing backyard. This south facing yard backs onto a green space and has large trees that provide lots of privacy. There is a laundry room, 2 piece bath and 2 car garage that completes the main level. Upstairs has 2 good size bedrooms, a 4 piece bathroom and a Master Bedroom with a 3 piece ensuite and walk-in closet. Recent updates include a new heat pump, furnace and roof. This family friendly home is located in Parkwood and is close to schools, shopping, and parks.
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I have sold a property at 3682 COTTLEVIEW DRIVE in NANAIMO.
Court sale-accepted offer at $245,000. Court Date September 20th, 2012. Call listing Realtor with questions. 4 or 5 bdrm family home just a short walk to school on a quiet street in Uplands. Level entry with a fully finished walk out basement. 3 bathrooms including 3 piece ensuite. Although the home does require a bit of TLC there is lots of space here and the kitchen had a major upgrade not that many years ago. Lower level includes a spacious (almost 18') family room with woodstove plus 1 or 2 bedrooms or a 14' room that would be ideal for a media room or perhaps a teenager who prefers to avoid the light. Upper sun deck overlooks the terraced back yard that is nice and private and backing onto a treed area. At one time this back yard was truly outstanding. Covered patio on lower level. Oversized laundry room could also double as an inside workshop. Nice open plan in main living area up with corner fireplace and wall A/C unit. Court order sale
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I have sold a property at 237 KENNEDY STREET in NANAIMO.
Located within walking distance to downtown Nanaimo, this charming home is a great starter or rental income residence. The main floor offers 2 bedrms, newer laminate flooring, newer kitchen cabinets plus a sunporch for the little ones. The basement area (not full height) is awaiting your ideas and also includes a spare room which can be used for office/den/bdrm. The property is fenced with parking in the back and a rear yard perfect for pets and children. Roof is 2 yrs old. Walk to Bowen Park, the seawall & the aquatic centre.
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I have sold a property at 437 DEERING STREET in NANAIMO.
Just reduced to $247,900 for quick sale! Estate sale with probate already cleared. This lovely 3 bedroom, 1 bath rancher is located on a quiet cul-de-sac. Situated on a level lot, there is wheelchair accessibility and a low maintenance yard which offers plenty of parking. In the backyard you will find a wired shop and a cozy place to enjoy a cup of coffee at in the morning. The house sits on a heated crawlspace which offers a large amount of additional storage space. The home was previously designed for a person who had limited mobility. The bathroom entrance is wide enough to fit a wheelchair through and the master bedroom offers an accordion style door which allows for easy accessibility. A wood burning stove in the living room offers an abundance of heat and the open floor plan is great for entertaining guests. Topped off with a newer roof and flooring, this home is ready for its new owner! All measurements are approximate and should be verified if important.
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I have listed a new property at 5601 BIG WHALE LOOKOU in NANAIMO.
Bring your creative ideas! New to the market, this 4 bedroom, 2 bathroom rancher sits on .25 of an acre in desirable North Nanaimo. Situated on a level lot with a double garage, fenced backyard, separate workshop, and patio area, this home offers plenty. There is just over 1750 square feet of living space in this home and with a few updates it could easily suit a growing family or retired couple. Close to schools, shopping, transit and more! All offers must be accompanied by a completed Schedule A. Home sold "as is where is." Measurements are approximate and should be verified if important.
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Watching the Nanaimo market everyday, I get the opportunity to see some great properties come available. With new foreclosures coming onto the market almost daily, the opportunity to pick up an investment property becomes more and more easily available. 

 

Before taking the plunge into being a landlord there are some things that you should be aware of when purchasing a property. 

 

First and most important is location. Certain features like oceanview and lot size should not have as much importance in value. Instead you want to look for factors that would influence a renter's decision. Location in proximity to transit, shopping, and recreation should have more value placed on them. A property's Walk Score should be something to look at. You can go to www.walkscore.com and enter in the address of any property to obtain its Walk Score. The higher the score the better. 

 

Next, you should note the big ticket items like roof, windows, exterior walls, etc. These are the items that will cost large amounts of money down the road. Most first time investors don't think about the long term costs of a rental home/unit. This big items will quickly drain any contingency fund you have put aside. 

 

Third, the units need to be kept up if you wish to get the most value. Offering in-suite laundry and updated interiors are big motivating features for renters. With all the new rental units being built in Nanaimo, there is more selection available to renters. You want to make sure that you stand out amongst the competition. 

 

Typically in Nanaimo you can assume certain rental values based on the number of bedrooms and location of the property. This is where a qualified realtor comes into play. Determining the income of a property versus the cost is key if you wish to have long-term prosperity.

 

If you are considering the idea of an investment property then send me an email or give me a call. I would be happy to help you through the process and my services don't cost you anything as a buyer. My expertise can be of big assistance in assuring that you get the best value for your dollar.

 

Richard

 

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Here in Nanaimo, I feel that the spring market is in full swing. I have been meeting with many clients that wish to list their home in the spring market but simply think it's too early. I ask everyone I speak with - "When do you think the spring market begins?" I constantly get the same answer. They say "Richard, the spring market happens at the end or March or early April." Now I understand that officially that's when spring hits, but let me tell you this.... there are buyers in the air!

 

Since the second week of January I simply have not been able to sit down. Within the last week I have sold two of my listings. The first one was a foreclosure that was on the market for 142 days which is typical. During that time on the market I had over 60 showings of the home. The property ended up getting 3 offers in at the same time! The other listing was online for only 32 days, generated 21 showings and got an accepted offer for almost full asking price.

 

What I'm getting at here is that there is a lot of pent up demand out there and at this given time there aren't a lot of quality single family homes for sale in Nanaimo.

 

I have found that many buyers who left the market for the holiday season are back. This is coupled with new buyers getting into the market. Bottom line is that if you were thinking of getting your home online for the spring market you may want to get it ready sooner than later. 

 

People that wait until April will likely miss the bulk of the buyers. With a limited amount of homes currently for sale in Nanaimo, a well kept home that is priced right will move quickly. I have seen homes last on the market for mere days, some even getting multiple offers. The bottom line is if you wish to sell your home this spring don't wait. You will likely realize more money and a shorter time to sell now versus later.

 

If you would like more information about the current market and how it affects you then please email me or call me direct at 250-739-1730.

 

Richard

 

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