Deciding when to move can be a tough decision. If you are thinking about moving, consider the following:
Length of time living in your next home - Would you be there long enough to recoup the initial costs of moving, such as the down payment, closing fees, and moving expenses?
Mortgage penalties – Try to align selling with when your mortgage is up for renewal to avoid a penalty, or negotiate it with your lender. You may also have the option to port your mortgage and take on a blended rate combining your old interest rate with the new one.
Your job situation– If you don’t have a secure job this could be an obstacle with a lender.
Non-monetary costs– Would you be moving mid-way through your child’s school year, or would they have to give up the sports team they are on if you moved? Consider disruptions to your routine and social connections, along with other stresses in your life, to determine if it’s the best time to move.
Plans for the new home– Do you have plans for what you would want to do with your new home, and might there be any restrictions on what you can do (e.g. do you intend to renovate it, run a business out of it, or use it as a short-term rental)?
Your future plans– Would your new home have enough space for your family or future family, including pets? Consider which schools are nearby if you have kids or plans to start a family.
Your day-to-day life – Consider the neighbourhood you would want to live in, the monthly bills, and the lifestyle you would like to have.
If moving is on your mind and you are looking for advice to help with your decision, remember I’m always happy to help. Call or email today.
I have listed a new property at 5 38918 PROGRESS WAY in Squamish. See details here
1869 sq.ft of warehouse space available on Progress Way in Squamish! Ceiling height is 18', complete with all new paint, new epoxy floors, updated washroom, new electrical fixtures, new gas radiant heater, wide roll up door with office door in the front and 3 phase power. Also freshly painted office with a mezzanine above. Uses include but not limited to commercial retail, commercial/industrial warehousing. Includes 2 parking stalls. Ready for immediate occupancy. Call Shaun today for more info!
I have listed a new property at LOT 15 RAINBOW FALLS in Pitt Meadows. See details here
Nestled along the SOUGHT AFTER shores of RAINBOW FALLS, this SOLID LINDAL CEDAR home features 3 bedrooms & 1 bathroom and is an ABSOLUTE JEWEL! Boasting STUNNING LAKE VIEWS with AMAZING WATER FRONTAGE on the EAST SIDE promising ample DAY LIGHT and one of the very few SANDY BEACHES! Enjoy the FULL CONVENIENCES of being able to ARRIVE & THRIVE thanks to the EASE & COMFORT of FULLY RUNNING WATER & ELECTRICITY!!! This isn't just a vacation spot but would easily permit year round living thanks to the INCREDIBLE & UNIQUE INFO STRUCTURE that has been put into place for this community! This is a RARE & COMPLETE TURN KEY FAMILY RETREAT OPPORTUNITY you don't want to miss out on!
I have listed a new property at 5073 ROSS ST in Vancouver. See details here
Charming 5 bedroom bungalow with finished basement, on a quiet tree lined street in the Kensington-Cedar Cottage neighborhood. Inviting foyer greet you with gleaming inlaid hardwood floors in the living and dining rooms, big picturesque window and a cozy wood burning fireplace to compliment this home. The updated kitchen is tailored with counter space and the convenience of laundry, w/access to the backyard. 3 good size bedrooms with a full bath upstairs and a 2 bedroom in law accommodations downstairs with separate entrance. Private backyard with lane access. Convenient location 1 block to bus #33 direct to UBC, Expo line and Canada lIne. 3 blocks to Knight bus, Kensington Park, Community Center, Van Public Library, King Ed Village or Fraserhood. Mackenzie Elementary and John Oliver
With housing costs at unaffordable levels for many, some people are turning to alternative homes. Here’s a breakdown of some of the other options out there:
Tiny living – If you can compromise on space, there are tiny homes (approx. 120 to 500 sq. ft.),some of which can be hauled around, micro apartments (approx. 200 to 400 sq. ft.) in buildings with varying amenities, and shipping container homes, which can be tiny (approx. 160 sq. ft.), or the size of an average-sized home constructed of multiple containers.
Vehicle conversions – For a 2-for-1 home and transportation deal, consider an RV or a converted school bus.
Houseboats – This option may be for you if you are a water lover. While the price is much lower than a condo and can even offer more space, consider the maintenance costs and how you feel about seasonal weather like wind, rain, and snow while on a boat.
Eco homes – In our ever-increasing eco-conscious world, there are different kinds of eco homes, such as passive Homes, designed to minimize energy consumption, and off-grid homes that are self-reliant for electricity and water.
Laneway homes – Typically found in urban centres and accessed from a back lane, these homes could be new builds or converted garages. Note, that not all jurisdictions allow laneway homes.
While alternative homes can offer an appealing price tag, consider that you may have to compromise on space, location, and quality of the build itself. In some cases, you may not qualify, or it may be more difficult to obtain a mortgage or insurance
I have listed a new property at 10591 SEAMOUNT RD in Richmond. See details here
Discover this beautifully renovated home on a tranquil street, away from T Road. This property features a new heat pump with air conditioning, a modern kitchen with a gas stove, three updated bathrooms, and recent upgrades including a new fridge, air conditioning, washing machine, hot water tank, insulation, tiles, and laminate flooring. The home also boasts stainless steel appliances, a covered patio, and a well-maintained yard with a relatively new roof. With spacious bedrooms, vaulted ceilings in the sunken living and family rooms, and a 155' deep lot perfect for children's play and summer BBQs, this move-in ready property also offers potential for a separate entrance suite. Conveniently located within walking distance to schools, Ironwood Shopping Centre, and transit, in a fantastic neighbourhood.
I have listed a new property at 8600 FAIRFAX CRES in Richmond. See details here
Luxury Living Redefined! This Seafair Showpiece, spanning 3,372 sq ft, seamlessly blends artistic craftsmanship with contemporary elegance. Boasting 5 bedrooms with en-suites and 6 stunning bathrooms, it's a symphony of sophistication. Crystal lighting, hardwood floors, and a media room with a custom wet bar enhance its allure. An executive den/office, security system, A/C, and a 3-car garage add practicality. Gourmet kitchens with Miele appliances and folding glass doors leading to a serene patio underscore the luxury. This home isn't just a residence; it's a statement of modern, refined living where artistry meets functionality.
I have listed a new property at 8591 SEAFAIR DR in Richmond. See details here
Experience million dollar views from this rarely available waterfront property in the popular Seafair area. The expansive master bedroom offers a breathtaking panoramic outlook of the ocean, Vancouver and the Gulf Islands, complemented by a walk-out sundeck, a luxurious ensuite and a large walk-in closet. The open kitchen layout, with its vaulted ceiling, seamlessly connects to the family room and nook, both of which overlook the beautifully landscaped backyard, perfect for entertaining guests. The property also boasts a double garage with ample storage space, a concrete driveway with a double carport entrance, and newer roof and hot water tank. Immaculately maintained by the owner, this home is a must-see to truly appreciate its charm and beauty.
It happens. Desirable home. Desirable neighbourhood. Multiple buyers with offers. It can be a recipe for a bidding war.
So, what do you do if you have your heart set on a home that other people want too?
Show them the cash – According to a report by Redfin, cash offers were 4 times more likely to win a bidding war. Of course, when considering making a cash offer don’t drain your emergency fund, and weigh factors such as if there is a penalty to pay if you withdraw from a certain account.
Get pre-approved – Next to cash, getting pre-approved before you shop is the next best option. This way you know what you can afford, and it ups your chances of winning a bidding war because the seller knows you are serious and can close faster.
Offer over asking – In doing so, make sure you know the highest amount you are willing to offer, thinking in terms of what the monthly payment would be.
Limit contingencies – Contingencies waived usually apply to inspections, appraisals, finances, and insurance. Be aware that waiving contingencies limits your ability to back out of the deal and you take a potentially serious financial risk.
Navigating a bidding war can be tricky, so you need to be prepared for one before it happens. As an experienced REALTOR®, that’s where I can help. If moving is on your mind, call me today.
I have listed a new property at 2535 LEGGETT DR in Anmore. See details here
Discover luxury in Anmore —a 5,460 sq.ft. architectural masterpiece with 7 BR, 5 BA, and a legal suite. This 2-story with basement haven features rich laminate and tile flooring, a gourmet kitchen, and a natural gas fireplace. Revel in the privacy of a fenced yard and enjoy stunning North views. Ample parking with a triple garage and quick access to community services make this a prime, convenient location. Embrace this blend of sophistication and comfort; make it your tranquil oasis amidst the city's vibrance. Act quickly to claim this prestigious home as your own.
There are many good reasons to put your property on the market. Some examples include a relocation, the kids leaving the nest, the need to downsize or upsize, and the list goes on.
Beyond the obvious reasons, there may be more subtle signs that the time to sell is near, such as:
1. Your Property Is No Longer a Good “Fit”
Your home may have been perfect for you when you bought it. But things change. Families grow. Needs evolve. For any number of reasons, your property may no longer be a good fit for you. If that's the case, it makes sense to at least see what's available on the market. Who knows? Your next "perfect" home may be for sale right now — and within your price range!
2. The Neighbourhood Is Changing
You may have been in love with the neighbourhood when you first moved in. But, over time, the characteristics of any area can change. Those changes don’t necessarily mean the neighbourhood is getting worse. It may be changing in a positive way - perhaps becoming more urban. But “more urban” may not be what you want. So, look at the direction your neighbourhood is heading. Ask yourself, "Do I still want to be living here in 2 years?"
3. You're Ready for Your Dream Home
Remember when you purchased your current property? Did it have every feature you wanted? Was it really your dream home? Or did you have to compromise on a few things, such as the size of the kitchen? If you had to make some tough choices back then, it might be time for you to finally get the home of your dreams.
Of course, there are many other reasons it may be time to make a move. If you think now might be that time, call me today.
I have sold a property at 1401 150 24TH ST in West Vancouver on Jun 7, 2024. See details here
Seastrand bldng. Waterfront. Well Maintained, bldng. with this bright one bedroom, corner unit, with a large glass-enclosed balcony that can double up as short-term sleeping area as well. Year round panoramic, 180% view of the Ocean to enjoy the changing seasons, The Cruise ships and plenty of beautiful Ocean Activity, never a dull moment. Take a walk on the sea walk with friends of just greet other walkers along the way. Short walk to the Community Centre with enviable facilities for all age groups. Walk to the Library, an envy of most other municipalities. Warm comfortable unit waiting for your personal touch.
I have sold a property at 11043 CONFIDENTIAL in West Vancouver on Jun 11, 2024. See details here
Profitable 43-Seat Japanese sushi Restaurant with 1376 sqft, located in the heart of West Vancouver in Ambleside, Full commercial kitchen, sushi bar, liquor license & 2 designated parking spots. In Business since 1999. Low rent, 3.5 years left on current lease + another 5 year option to renew. Showings by appointment only.
I have listed a new property at 7506 19TH AVE in Burnaby. See details here
SUBDIVIDABLE LOT!! BUILDER & INVESTOR ...OPPORTUNITY. Corner of Mary & 19th. Close to schools, transit & shopping. Lot can be subdivided into TWO 33 x 112.35 SINGLE FAMILY building. Please check with City of Burnaby regarding R12 zoning. Call now for more details on this rare opportunity.
I have listed a new property at 506 1249 GRANVILLE ST in Vancouver. See details here
Welcome to the Lex, a boutique building located in the heart of the downtown core. This 722 sqft 2 bed plus den presents an open concept floorplan, overheight ceilings, ample sized bedrooms and den space, ideal as a home office. Unbeatable location with convenient access to public transit, restaurants/ cafe's, retail shops/amenities and everything the downtown lifestyle entails. Owner-occupier and investor ready! Buy to enjoy this cozy downtown retreat now and take advantage of the Granville St. upcoming redevelopment plan, which encourages improvements to street appeal and overall pedestrian/cyclist accessibility. This well maintained building includes a gym, bike room, storage and 1 parking. Fantastic price for this turnkey property, downtown living at its finest. Call now!
I have listed a new property at 1401 150 24TH ST in West Vancouver. See details here
Seastrand bldng. Waterfront. Well Maintained, bldng. with this bright one bedroom, corner unit, with a large glass-enclosed balcony that can double up as short-term sleeping area as well. Year round panoramic, 180% view of the Ocean to enjoy the changing seasons, The Cruise ships and plenty of beautiful Ocean Activity, never a dull moment. Take a walk on the sea walk with friends of just greet other walkers along the way. Short walk to the Community Centre with enviable facilities for all age groups. Walk to the Library, an envy of most other municipalities. Warm comfortable unit waiting for your personal touch.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.