Market Updates
During the process of buying or selling a home, countless questions are bound to surface regardless of how "seasoned" you are in Real Estate. Some questions are easily answered, however others may require a bit of research and study. I understand how difficult it can be to sift through the mountain of information out there in order to find answers that are relevant and meaningful to you.
As a firm believer in "knowledge is power," I do my best to educate and inform my Buyers and Sellers about the current market conditions and the process involved once you have made the decision to move.
If you would like to receive regular Market Updates or newsletters please contact me at dodi.t@shaw.ca or call me at 604-644-3634.
Latest News
Posted on
March 22, 2016
by
Dodi Thorhaug
Please visit our Open House at 4456 CANTERBURY CRES in North Vancouver.
Open House on Tuesday, March 22, 2016 10:00 AM - 12:00 PM
Canterbury Crescent is Your new address! Appreciate a quality built, 4 bedroom 3361 sq. ft. 2 storey home just 15 years old. Located on 9150 sq. ft. sun drenched lot. Designed to raise a family w/garden access from the kitchen, eating area & main floor family room. Double sided gas fireplace & vaulted ceiling enhance the living & dining room. Impressive foyer with curved staircase. Don’t overlook the main floor home office & separate recreation room. Main floor laundry. Direct access to 2 car attached garage. The upper level delivers your family sized 4 bedrooms. Master bedroom enjoys views of the Lions. Oversized ensuite w/ gas fireplace & walk in closet. Granite counters, hardwood floors, gas cook top, stainless steel appliances, separate pantry & much much more. Pet friendly garden. Your opportunity to be part of the North Shore Lifestyle with hiking, biking & skiing at your front door. Canyon Heights elementary school is just 2 blocks away. See you at the Open house on Sunday March 20th, 2016.
Posted on
March 21, 2016
by
Dodi Thorhaug
Are you thinking of selling your home?
Before your REALTOR® begins showing it, you will want to make sure it’s in tip-top condition. An attractive, well-kept home generally has a better chance of selling faster. Minor exterior and interior improvements can add value to your home and don’t require a large renovation bill. Think back to what first attracted you to your home; now determine how best to highlight and improve these features.
Here are a few ideas to help you perk-up your home’s appearance. Consult with your Realtor to see what types of improvements make the most sense.
Start with the outside
An inviting exterior ensures that potential buyers will inspect the interior:
- Keep lawns and gardens well maintained.
- Ensure garage and porch areas are free of clutter and refuse.
- Repair loose siding or pavement.
- Replace any damaged roof shingles, eaves troughs or cracked windows.
- Wash windows, gutters, mailbox and doors.
- Secure loose shutters or awnings.
The inside story
You can do a lot to improve the inside of your home without spending a great deal of money. Two primary areas to keep in mind are the kitchen and bathroom.
- Ensure kitchen and bathrooms are sparkling clean.
- Repair dripping facets and showerheads.
- Steam clean or replace carpets if necessary.
- Thoroughly clean every room in the house, removing all clutter.
- Repaint dingy walls or kitchen cabinets with a neutral colour.
- Replace worn or outdated countertops and cracked light-switch plates.
- Remove any items (like chandeliers) that won't be included in the sale of the home.
Remember, the more effort put into the initial clean up, the easier it will be to keep your home looking its best for prospective buyers. As well, keep in mind rooms that are too cluttered will give the impression they're much smaller than their true size. Try to create a feeling of spaciousness when conducting your spruce-up.
Pre-showing checklist
- As a courtesy to buyers, leave the house while the Realtor is conducting a showing.
- Keep pets out of the way – preferably out of your house during the showing.
- Ensure that every room is tidy, well aired and adequately lit.
- Don't keep money, jewellery and small valuables in plain sight during a showing, put them in a hidden, secure place.
- Open drapes to maximize natural light.
- Keep all stairways and hallways clear.
- Use finishing touches like fresh flowers and candles.
By following these relatively simple tips, you'll feel proud of your home and potential purchasers are sure to appreciate its beauty.
Posted on
March 21, 2016
by
Dodi Thorhaug
The Real Estate Board of Metro Vancouver reports February 2016 was the highest selling February on record for the Metro Vancouver Housing Market.
Here are some highlights:
- Overal for Metro Vancouver February 2016's sales were 56.3% above the 10 year average for the month
- Sales of North Vancouver Detached Properties were 28.7% higher than February 2015 with 22% less inventory
- Sales of North Vancouver Attached Properties were 23% higher than February 2015 with 62.7% less inventory
- Sales of West Vancouver Detached Properties were 20.7% higher than February 2015 with 24% less inventory
- Sales of West Vancouver Attached Properties were 23% below February 2015 due to 36% less inventory
- Sales of Downtown condo properties were 28.7% higher than February 2015 with 22% less inventory
Seller's Markets in February 2016:
- The Sales-To-Active listings ratio for Metro Vancouver was 57%, with 5.7 out of every 10 properties sold, Indicating a strong seller's market.
- The Sales-To-Active listings ratio for North Vancouver Detached properties was 81%, with 8.1 out of every 10 homes sold
- The Sales-To-Active listings ratio for North Vancouver Attached properties was 96%, with 9.6 out of every 10 homes sold
- The Sales-To-Active listings ratio for West Vancouver Detached properties was 40%, with 4 out of every 10 homes sold
- The Sales-To-Active listings ratio for West Vancouver Attached properties was 29%, with 2.9 out of every 10 homes sold
- The Sales-To-Active listings ratio for Coal Harbour Condos was 71%, with 7.1 out of every 10 homes sold
Read your full report here: REBGV February 2016 Residential Stats Package.
If you are planning on selling or buying the time to do so is now, and I'm here to help you achieve your real este goals in this fast paced market. Please give me a call 604.644.3634
Regards, Dodi
Posted on
March 19, 2016
by
Dodi Thorhaug
Please visit our Open House at 4456 CANTERBURY CRES in North Vancouver.
Open House on Sunday, March 20, 2016 2:00 PM - 4:00 PM
Canterbury Crescent is Your new address! Appreciate a quality built, 4 bedroom 3361 sq. ft. 2 storey home just 15 years old. Located on 9150 sq. ft. sun drenched lot. Designed to raise a family w/garden access from the kitchen, eating area & main floor family room. Double sided gas fireplace & vaulted ceiling enhance the living & dining room. Impressive foyer with curved staircase. Don’t overlook the main floor home office & separate recreation room. Main floor laundry. Direct access to 2 car attached garage. The upper level delivers your family sized 4 bedrooms. Master bedroom enjoys views of the Lions. Oversized ensuite w/ gas fireplace & walk in closet. Granite counters, hardwood floors, gas cook top, stainless steel appliances, separate pantry & much much more. Pet friendly garden. Your opportunity to be part of the North Shore Lifestyle with hiking, biking & skiing at your front door. Canyon Heights elementary school is just 2 blocks away. See you at the Open house on Sunday March 20th, 2016.
Posted on
March 16, 2016
by
Dodi Thorhaug
Please visit our Open House at 1952 CHESTERFIELD AVE in North Vancouver.
Open House on Saturday, March 19, 2016 2:00 PM - 4:00 PM
Plenty of Pizzaz in this great Central Lonsdale Townhome. Oversized rooms throughout this immaculate of 1,653 sq.ft 3 level townhouse. Inviting open plan dining/living room w/classic wood parquet flooring & wood burning fireplace. New white kitchen with stainless steel appliances. 2 balconies. Appreciate city & mountain views from the privacy of your 288 sq.ft. roof top deck. Enter at ground level foyer into this end unit. Your 3rd bedroom w/2 pc bath is ideal for your home office. Direct entrance from covered parking. Upper level offers 2 oversized bedrooms with additional wardrobe space and walk in closet. Your king size bedroom suite will certainly fit! Pet Friendly, Rentals allowed. Self Managed Complex will be replacing the wooden railings to metal this year. Power washing of carports & driveway to be completed in April, 2016. Act Now!
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