I have listed a new property at 1904 Valley Oak Dr.
Lovely 1152 sq. ft. 3 bedroom, 2 bath double wide situated in desirable Valley Oak Estates mobile home Park. The roof is approximately a year old, new hot water tank plus two bedrooms have new carpets and fresh paint. This home is filled with light & features vaulted ceilings, triple skylights, laminate floors, oak cabinets & plenty of storage. It has a spacious covered year round deck and a private patio area. The yard is beautifully landscaped and fenced and backs onto peaceful Buttertubs Park. There is a detached garden shed/workshop for both gardeners and hobbyists alike. Shopping, Aquatic Centre & bus routes are close by. A must see! Measurements are approximate and should be verified if important.
Read full post

I have listed a new property at 5547 Big Bear Ridge.
Welcome to this well cared for 9 year old Westmark built home in a great family neighbourhood. This is a main level entry home with walk out basement having the master bedroom, 2 other bedrooms, 2 bathrooms and open plan kitchen/living/dining area all on the main level. Downstairs is unfinished, with plumbing roughed in, has access to the rear garden and just waiting for your ideas - whether it be a family room, man cave, craft room, bar/kitchen, additional bedrooms, or all of these. Upstairs you have a great room design with plenty of light and a well appointed kitchen with a large island, lots of cabinets, s/s appliances and a pantry. There is a good sized balcony out the back overlooking the large flat, fenced garden with...
Read full post

Welcome to the monthly real estate statistics newsletter for September 2020. When these reports are produced you may notice that the previous months numbers will change when compared with the last market report. So, the August numbers on this report will appear different to last months report. The reason for this is that the real estate board use the date of sale to calculate their statistics and the date of sale is when the Contract of Purchase and Sale is written. However, the sale can only be included in the sales numbers once subjects are removed which can be approximately 2 weeks after the offer was written. Therefore, if an offer is written on September 9th and subjects are removed on September 23rd then that sale would appear in the September sales numbers. However, if the offer was written...
Read full post

I have listed a new property at 310 1633 Dufferin Cres.
Immaculate top floor unit that is not just one of the largest in the building but also has one of the best locations in the building. It is sited in the corner overlooking the fountain & the green space behind with a very private balcony. This unit also has a unique floorplan with high ceilings & has been freshly painted making it very light and airy. This is a popular building as the strata fee includes gas and hot water plus water, sewer, garbage & maintenance, which helps to offset the strata fee. The building also has a great activity room with exercise machines, fireplace, reading area, bathroom & small kitchen. The apartment, storage unit & parking stall are all quite close to the elevator, so no long walks with the...
Read full post

I have sold a property at 1904 Valley Oak Dr.
Lovely 1,152 sq ft, 3 bedroom, 2 bath, double wide home situated in the desirable Valley Oak Estates mobile home park. This is a 2000 model and has a roof that is less than a year old. The home is filled with light and features vaulted ceilings, triple skylights, laminate floors, oak cabinets and plenty of storage. It has a spacious covered year round deck/sunroom and a carport. There is a detached garden shed/workshop for both gardeners and hobbyists alike. Shopping, Aquatic Centre and bus routes are close by. Measurements are approximate, please verify if important.
Read full post

Welcome to the new look monthly real estate statistics newsletter for August 2020. One additional change we have introduced is to show median prices in place of average prices – a description of median can be found at https://realestateinnanaimo.ca/blog.html/what-is-the-difference-between-real-estate-average-and-median-price-7414712. We have also added the number of new listings to the table below alongside number of sales and median sold prices. Plus we now have graphs comparing sales numbers with new and total active listings


Real Estate Statistics for August 2020



 
Synopsis for Nanaimo

 
The graphs below show the median sold price, sold numbers and number of new listings since the beginning of each year (freehold homes only.)

Median Sold Price:

 
Sold Numbers:...
Read full post

Quite often you will see average sold prices for real estate listings or it may say median sold prices, but what is the difference and is there an advantage of one over the other?


Average sold price is simply the sum of all the sold prices divided by the total number in the dataset.


Median price is the middle number in a set of sold prices when listed in order. So for example if you were looking at the sold price for 5 homes you would put them in ascending (or descending) price order and the median price would the the 3rd number in the list so you had an equal number of homes above and below the median. If you have an even number of prices then you take the 2 middle numbers and divide by 2 to get your median sold price.


So as an example we have 5 sold prices:



In this example the average and...

Read full post

I have listed a new property at 1904 Valley Oak Dr.
Lovely 1,152 sq ft, 3 bedroom, 2 bath, double wide home situated in the desirable Valley Oak Estates mobile home park. This is a 2000 model and has a roof that is less than a year old. The home is filled with light and features vaulted ceilings, triple skylights, laminate floors, oak cabinets and plenty of storage. It has a spacious covered year round deck/sunroom and a carport. There is a detached garden shed/workshop for both gardeners and hobbyists alike. Shopping, Aquatic Centre and bus routes are close by. Measurements are approximate, please verify if important.
Read full post

Welcome to the new look monthly real estate statistics newsletter. A brand new software system has been introduced by our real estate board which has meant changes to how property information is loaded onto the MLS and also how it is recorded and presented. Therefore the graphs and sales statistics will look different to the previous market report emails that have been sent out. We will likely be fine tuning the newsletter over the coming months so there may be some additional changes but we hope this continues to be of use to you.


Real Estate Statistics for July 2020

 

 
 

Synopsis
  
The graphs below show the average sold price, average sold numbers and average number of new listings since the beginning of each year (freehold homes only.)

Average Sold Price:
 ...
Read full post

I have listed a new property at 78 1849 Valley Oak Dr.
Welcome to this 2 bed, 2 bath, 18 year old home in the desirable and popular Valley Oak Estates. As an added bonus this is one of the rare mobile homes that has a garage. Also take a look at the floor plan as this is quite unique with it being an L-shaped unit. With it being under 20 years old the home shows really well, with vaulted ceilings, open plan kitchen, dining/living area and two full bathrooms plus has a nearly new hot water tank and some newer appliances. The sunny south west garden is very private with a small pond and vegetable garden. The home is located close to the Aquatic Centre, Ice rink, Buttertubs Bird Sanctuary and is only minutes from downtown Nanaimo. Park is 45+ and 1 small pet allowed. All measuremants...
Read full post
Ian Hodson
Telephone: (250) 756-1132
Toll Free: 1-800-377-4374
Fax: (250) 756-1210
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $