Greg & Colin Thornton have JUST SOLD ANOTHER property at 20112 121 AVE in Maple Ridge.
Don't miss this clean well maintained 3 bedroom basement home with it's spacious open floor plan and generous room sizes. You will love the nice big master bdrm with it's 5 pce ensuite w/soaker tub & separate shower plus W/I closet. Nice big living and dining room ideal for entertaining & those big family dinners. Big open kit & family room area w/heritage style gas Fireplace & sliders to the sundeck overlooking the huge fully fenced and secure sunny, south facing b/yard, complete with detached storage shed. Step save kitchen with lots of cupboards & counter space as well as a pantry cupboard. Basement most finished with rec room, den & 2 pce bath (could be a 3 pce bath w/R.I. plumbing for a shower), and awaiting your ideas for the finishing touches.
Greg & Colin Thornton from RE/MAX Sabre Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Greg & Colin Thornton have JUST SOLD ANOTHER property at 1 11502 Burnett ST in Maple RIdge.
"Telosky Village" 1 level, no stairs with garage, patio & fenced rear yard with sundeck & slider from living room and door to master bedroom! Living room has gas fireplace, dining room with bay window. Laundry has side by side washer & dryer, cabinets & newer water tank. Large kitchen under counter lighting, greenhouse window, breakfast bar. Master ensuite has soaker tub, separate shower & vanity, full main bath. Single attached garage & second parking out front. Gated community.
Greg & Colin Thornton from RE/MAX Sabre Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Please visit our Open House at 116 8328 207A ST in Langley.
OPEN HOUSE: Nov 25th Sun 3-5pm
Yorkson Creek by Quadro Homes! Still under warranty! The best of B.C beam and stone Architecture! Modern 1 bedroom, 1 bathroom quite with AIR CONDITIONING! This home also includes 2 parking spots & large deluxe roll up door storage locker! This was built with quality in mind; you will fall in love with the real wood doors, real wood cabinets, genuine granite & high end appliances! Kitchen includes Soft close cabinets, under-mount sink, recessed cabinet lighting! Building has extensive acoustic noise-suppression features, Low - E windows & rain-screen technology! Rentals allowed! Strata fee includes hot water from high efficiency boilers, nicely equipped exercise & meeting room. OPEN HOUSE!
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Greg & Colin Thornton have just listed ANOTHER new property at 116 8328 207A ST in Langley.
Yorkson Creek by Quadro Homes! Still under warranty! The best of B.C beam and stone Architecture! Modern 1 bedroom, 1 bathroom quite with AIR CONDITIONING! This home also includes 2 parking spots & large deluxe roll up door storage locker! This was built with quality in mind; you will fall in love with the real wood doors, real wood cabinets, genuine granite & high end appliances! Kitchen includes Soft close cabinets, under-mount sink, recessed cabinet lighting! Building has extensive acoustic noise-suppression features, Low - E windows & rain-screen technology! Rentals allowed! Strata fee includes hot water from high efficiency boilers, nicely equipped exercise & meeting room. OPEN HOUSE!
Greg & Colin Thornton from RE/MAX Sabre Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Greg & Colin Thornton have just listed ANOTHER new property at 322 12248 224 ST in Maple Ridge.
URBANO. Don't miss this 2 bedroom & den home with it's spacious open floor plan w/ updated laminate & fresh paint thru-out. Den currently used as the dining room. Bright open kitchen w/ a Breakfast bar, S/S appliances & granite counters. Bright open living room/dining room with electric F/P & slider to private covered sundeck facing east & overlooking greenbelt & walking trails. Good sized master bedroom with a 3 piece ensuite with over sized shower & granite counter tops. 4 piece main bath with granite. 2 SIDE by SIDE parking stalls & storage locker on the 3rd floor just across from the suite. One dog or cat, no size restrictions. On site caretaker. Amenities room that can be reserved for private parties.
Greg & Colin Thornton from RE/MAX Sabre Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Home sale activity across Metro Vancouver* remained below long-term historical averages in October.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 per cent decrease from the 3,022 sales recorded in October 2017, and a 23.3 per cent increase compared to September 2018 when 1,595 homes sold.

Last month’s sales were 26.8 per cent below the 10-year October sales average.

“The supply of homes for sale today is beginning to return to levels that we haven’t seen in our market in about four years,” Phil Moore, REBGV president said. “For home buyers, this means you have more selection to choose from. For sellers, it means your home may face more competition, from other listings, in the marketplace.”

There were 4,873 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2018. This represents a 7.4 per cent increase compared to the 4,539 homes listed in October 2017 and a 7.7 per cent decrease compared to September 2018 when 5,279 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 12,984, a 42.1 per cent increase compared to October 2017 (9,137) and a 0.8 per cent decrease compared to September 2018 (13,084).

For all property types, the sales-to-active listings ratio for October 2018 is 15.1 per cent. By property type, the ratio is 10.3 per cent for detached homes, 17.3 per cent for townhomes, and 20.6 per cent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“Home prices have edged down between three and five per cent, depending on housing type, in our region since June,” said Moore. “This is providing a little relief for those looking to buy compared to the all-time highs we’ve experienced over the last year.”

The MLS® Home Price Index composite benchmark price for all residential homes in Metro Vancouver is currently $1,062,100. This represents a one per cent increase over October 2017 and a 3.3 per cent decrease over the last three months.

Sales of detached homes in October 2018 reached 637, a 32.2 per cent decrease from the 940 detached sales recorded in October 2017. The benchmark price for detached properties is $1,524,000. This represents a 5.1 per cent decrease from October 2017 and a 3.9 per cent decrease over the last three months.

Sales of apartments reached 985 in October 2018, a 35.7 per cent decrease compared to the 1,532 sales in October 2017. The benchmark price of an apartment property is $683,500. This represents a 5.8 per cent increase from October 2017 and a 3.1 per cent decrease over the last three months.

Attached homes sales in October 2018 totalled 344, a 37.5 per cent decrease compared to the 550 sales in October 2017. The benchmark price of an attached home is $829,200. This represents a 4.4 per cent increase from October 2017 and a 2.8 per cent decrease over the last three months.

Download the October 2018 stats package

 


 
 



For more information please contact:
Craig Munn
Assistant Manager, Communication
Real Estate Board of Greater Vancouver
604.730.3146
cmunn@rebgv.org

- See more at: http://www.rebgv.org/news-statistics/july-home-sale-activity-increases-greater-vancouver#sthash.omrBlAyZ.dpuf

Reuters
Vancouver’s skyline.

 

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When you're having a garage sale, one of the toughest tasks is pricing your items. If you put a price tag on your old golf clubs that’s too high, no one will buy them. If you make the price too low, they might sell quickly, but you’ll spend the rest of the day wondering if you could have gotten more!

 

It's similar to selling your home — except with your home, the stakes are much higher. You want to price your property to sell, but you don’t want to leave any money on the table.

 

How do you accomplish that?

 

Setting the right list price for your home requires a combination of skilled calculation and industry savvy.

 

Let's start with the "calculation" part...

 

When you work with me, I'll review recently sold properties that are similar to yours in type, size, features and location. Then, using that data, we’ll calculate a range that represents your property's "current market value."

 

For example, consider a spacious 15-year-old bungalow in a nice neighbourhood. If similar homes in the area have sold for $475,000-$550,000 in the last six months, then it's obvious that your home should sell in that range too. A list price above or below that range would be in the danger zone.

 

But skilled calculation is only half the task.

 

Setting your list price also requires expertise in the local market, combined with good old-fashioned gut instinct. That instinct comes from being on the front lines of many property transactions.

 

That's why working with a good real estate salesperson is so important, when you’re deciding on the list price for your home.

 

Want to discuss selling your home? Call me.

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Imagine this scenario...

 

You're shopping for a new home. You drive to visit a recent listing. As you walk through the front doors, you're impressed. Every room looks fantastic. You see yourself relaxing on the spacious patio, cooking in the modern kitchen, and enjoying evenings with the family in the cozy living room.

 

Your emotions are on overdrive. This is your dream home!

 

Should you make an offer? Probably. In fact, you should make that decision quickly in case there are other interested buyers.

 

However, your decision shouldn't be guided purely by emotion. You want to make sure you take practical matters into consideration too.

 

For example, you'll want to consider:


·    Is the property within your price range?

·    Does it have everything you need?

·    Do you like the neighbourhood?

·    How old is the property? Are there items, such as the furnace, that may need to be replaced soon?

·    Will it need any major repairs or upgrades?

·    What are the average monthly costs of carrying the home? (Property taxes, utilities, etc.)


Once you've considered the purchase of the home from a practical standpoint, you'll have a lot more confidence in your decision when you make an offer.

 

Need help? Call me.

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“You never get a second chance at a first impression.”  We’ve all heard this expression before.  And now, while you are preparing your house to sell, it should not be far from your mind. 

 

While logical factors such as price and location narrow the pool of houses a potential buyer will look at, the ultimate decision to buy a particular house is fuelled by a mixture of logic and emotion.  And emotion often wins out.  The same might be said for the process of selling a home.  For this reason, Real Estate Agents, when they talk to you about buying real estate, will refer to your purchase as a “home.”  When discussing the sale of your current home, however, an agent will refer to it as the “house.”  This is a conscious choice.  The agent knows that buying a house is often an emotional decision, while, when selling a house, emotion should be separated from the process. 

 

Buyers are searching for a “home”—a place in which they will feel comfortable, secure, and happy, a place in which they can imagine settling down and raising their family.  As a seller, your goal is to cultivate these feelings through the property you’re selling.  Look at your house as a marketable commodity.  A buyer’s emotional response is triggered early, so you want to ensure you have done everything you can to encourage a positive response to your house from the outset.  Within minutes—even seconds—of pulling into your driveway, buyers have formed an impression that they will carry with them through the rest of the showing, and beyond.  Keep in mind, this impression will not only influence whether or not they make an offer, but also what they consider to be the value of the property.    

 

If you’ve ever visited model homes, you’re familiar with effective presentation styles.  Have you ever walked into one of these homes and immediately begun taking stock, planning how to get your home to look that good?  Well, now is the time to take some of these steps.  Of course, there are ways to achieve the same effect in your own home without incurring model home costs.   

 

When homes create this immediate type of emotional appeal, they tend to sell quickly—and for more money.  Use the following step-by-step guide to get your house into selling shape before you put the property on the market, and you’ll be well on your way to a successful sale!

 

1.      Depersonalize.

 

This should be one of your first steps when you begin preparing your house to sell.  Over the years, a home inevitably becomes tattooed with the owners’ lives, covered with touches that have made it that special place for you.  At this point, however, you want buyers to recognize it as a property they could make into their unique place.  When a homebuyer walks into a room and sees these personalizing touches—such as photos on the walls or trophy collections—their ability to picture their own lives in this room is jarred, impairing a positive emotional response.  So, your first step will be to remove all the family photos, the trophies, collectible items, and souvenirs.  Pack them all together, so you’ll have everything you need at your disposal when it comes time to personalize your new home. For the time being, rent a storage space and keep these items there.  Do not simply transfer these items to another place in your house.  Do not hoard them away in a closet, basement, attic, or garage, as the next step in preparing your home is to minimize clutter—and these areas of your house will all be targeted.

 

2.      Remove all clutter.

 

The next step on the list is to purge your house of the excess items that have accumulated over the years.  This is the hardest part for many people, as they have an emotional investment in many of these things.  When you have lived in a house for several years, a build-up of personal effects occurs that is often so gradual that you don’t notice the space is becoming cluttered.  If you need to, bring in an objective friend to help point out areas that could stand to be cleared.  Try to stand back yourself and see your house as a buyer might.  Survey shelves, countertops, drawers, closets, the basement—all places where clutter often accumulates—to determine what needs to go.  Use a system to help you decide:  get rid of all items, for example, you haven’t used in the past five years, and pack up everything that you haven’t used in the past year.  Although getting rid of some things might be hard, try to do it without conscience or remorse.  You’ll be forced to go through this process anyway when you move, and with each box you eliminate, your storage space—and the room in general—begins to look larger.  We’ve broken down the process into specific areas of your house to help you concentrate your efforts:

 

Kitchen:

The kitchen is an ideal place to begin, as it’s easy to spot and eliminate the type of clutter that tends to accumulate here.  Homebuyers will open your drawers and cabinets as they’ll want to check if there will be enough room for their own belongings.  If the drawers appear cluttered and crowded, this will give them the impression there is not enough space.  

 

  • ·                     First of all, remove everything from the counters, even the toaster (the toaster can be stored in a cabinet, and brought out when needed).
  • ·                     Clean out all the cabinets and drawers.  Put aside all of the dishes, pots and pans that you rarely use, then box them and put them in the storage unit you have rented (again, not in the basement or a closet).
  • ·                     If you, like many people, have a “junk drawer,” clear this out.
  • ·                     Get rid of the food items in the pantry that you don’t use.  Begin to use up existing food—let what you have on your shelves dictate your menus from now on.
  • ·                     Remove all extra cleaning supplies from the shelves beneath the sink.  Make sure this area is as empty as possible.  You should thoroughly clean this spot as well, and check for any water stains that might indicate leaking pipes.  Buyers will look in most cabinets, and will notice any telltale signs of damage.

 

Closets:

  • ·               Go through all clothes and shoes.  If you don’t wear something anymore, get rid of it.  We all have those clothes, too, that we wear only once in awhile, but can’t bear to give away.  Box these items and keep them in the storage unit for a few months. 
  • ·               Go through all other personal items in the closet.  Be ruthless.  Weed out everything you don’t absolutely need.
  • ·               Remove any unsightly boxes from the back of the closet.  Put them in storage if need be.  Get everything off the floor.  Closets should look as though they have enough room to hold additional items.

 

Furniture:

  • ·               You may want to tour a few model homes in order to gauge the type of

furniture chosen by design teams to create a spacious, yet comfortable atmosphere.  Note how that furniture is arranged to cultivate a certain feeling.

  • ·               After having armed yourself with some ideas, stand back and look at each

of your rooms.  What will you need to remove?  Remember, most homes contain too much furniture for showings.  These are items that you’ve grown comfortable with and that have become incorporated into your everyday routine.  However, each room should offer a sense of spaciousness, so some furniture will likely need to be placed in storage.

 

Storage Areas:

  • ·               Basements, garages, attics, and sheds:  these are the “junkyard” areas of

any given home.  It is possible to arrange simple clutter into a certain order, but junk is sent packing to these often-hidden rooms.  First, determine which of these boxes and items you actually need.  Can some of it be sent to the dump once and for all?

  • ·               Hold a Garage Sale.  You’ve heard the saying, “One person’s trash is

another’s treasure.”  Let these items go to a better home.

  • ·               Transfer some items to the rental storage unit.  You’ll want to clear the

storage areas in your house as much as possible, in order for them to appear spacious to potential home-buyers.  Buyers want the reassurance that their own excess belongings will find places for storage in their new home.

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.