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GARBUTT + DUMAS REAL ESTATE TEAM
630 Fifth St
New Westminster, BC, V3M 2X9
604.805.3115
info@gdrealestate.ca




James Garbutt

New GST + Transitional Tax info & deadline for $10,000 New Homebuyers grant.

There are some big changes happening this year regarding government tax and grants for home-buyers.

HST is finished April 1, 2013.  What does this mean for buying a home?  After HST has gone there will be the regular GST (5%) and a NEW Transitional Tax (2%) from April 1, 2013 to March 31, 2015.
Click Here for the Full Ministry of Finance Tax Package
Click Here for info from The B.C Real Estate Association.

The $10,000 New Home-buyers Grant also ceases April 1, 2013.  Those of you who were hoping to apply for this grant must step up the search for your perfect home and apply as early as possible.
Click Here for Eligibility and more info on the $10,000 New Homebuyers Grant 

Tips for Selling a Stale Listing

Have you had your property on the Market for a while with no serious interest?  Here are some tips from James to start the New Year off fresh and ready!

Re List – Re listing your property with a new MLS # will give your home a fresh start, shuffle photos (or take new ones), add a virtual tour, change up the description; all of these things can give your listing a new look to buyers just starting on the hunt for their new home.

Re Assess – Walk around you property with an objective eye and think about what you would like to see in a property ready for the Market. Do the carpets need to be steam cleaned or replaced?  Is the paint scuffed, chipped, or dull? Is there a lot of clutter (family pictures, knick-knacks, furniture, books,etc…) ? Is your furniture making it hard to navigate or easily walk through your home? The list below will allow you to check off what might need to be updated to get your property sold quick!
– Update Flooring: whether you clean your carpets or install hardwood, flooring is often the deal breaker at showings.
– Freshen up the Paint: if your paint is dirty or dull put a fresh coat on in a bright new color to make your home inviting.

De-clutter – Often great properties are over looked because clients can’t see past the stack of magazines or the 10 counter appliances.  Think like home style magazines: Less is More.  The less distractions from individual items will allow buyers to see the property as a whole and they will more easily imagine themselves living there.  Check out our blog on getting rid of unwanted items.

Showings – Bright, Welcoming, and Clean. These are 3 things to really live by when prepping your home for a showing.
– Open all the blinds
– Turn on ALL the lights (make sure they all are working and have light bulbs
– Fresh scent (if you notice the salmon you had for dinner last night is still lingering in the air, give the rooms a quick mist with air freshener. Click here for some natural quick air freshening ideas.
– Relaxing decor
– Put all small personal items ‘out of sight’ in a drawer or cupboard
– Smile! Being welcoming and friendly is the first impression the buyer will get of your property so make it a positive one!

Check out our previous blog Top Tips to Sell Your Home’ for great links to professional paint advice from Benjamin Moore, Cleaning Tips, Home Staging ideas, and more!

#106 1250 Quayside Dr., New Westminster (The Promenade)

THE PROMENADE – COMPLETELY UPDATED 1 Bed + Den, 1 Bath, 1104 sqft, Private Ground level unit with huge patio over looking the park.  Approx $65,000 in upgrades!!! New Kitchen (maple cabinets, puck lights, island, stainless steel appliances), New Bathroom (tub, rain shower, seamless glass enclosure, vanity, tile, radiant in floor heating, etc…), New Bamboo flooring, Fresh Paint, New Mouldings, Exposed Concrete Ceiling with Cedar Beams. Building was Rainscreened in 2003, New Boiler (2011), New Plumbing (2007), New Parking Membrane (2011), New Roof (2011), Healthy Contingency Reserve Fund. Enjoy the open concept floorplan with 10″ ceilings in the Living Room.  Steps to the Quay Boardwalk & Park. An absolute must see!

 Click here for Full Listing

MLS Feature Sheet #106 1250 Quayside Dr

2012 Year End Stats and 2013 Predictions

The Market noticeably slowed in the Fall of 2012, and Sales were down 33% compared to Nov & Dec of 2011.  The 2012 year in all decreased in Sales by 22.7%.

December 2012 Market Stats from the Real Estate Board of Greater Vancouver

 

#304 290 Francis Way, New Westminster (The Grove – Victoria Hill)

  

The Grove at Victoria Hill – 2 Bed, 2 Bath, 951 SF West Facing unit overlooking the inner courtyard with Large Balcony. Very Quiet and surrounded by Greenspace this unit features a very spacious & open Living/Dining/Kitchen Area. Gourmet Kitchen with stainless steel appliances, lots of cabinets & island. Ideal Floorplan with two bedrooms located on opposite sides of the living room, Master Bedroom has walk-through closet leading into a Full Bathroom. Great Amenities at the Boiler House: Gym, Theatre, Study, Party Rm/Lounge, Outdoor Basketball Court. Central Locations, steps to Queens Park, 15min walk to Skytrain or 10 min Bus. Won’t last! Must See!

Virtual Tour

MLS Feature Sheet #304 290 Francis Way

 

Nov 2012 Market Update

Greater Vancouver residential property sale and listing activity below 10-year averages in November

Over the past six months, the Greater Vancouver housing market has seen a reduction in the number of homes listed for sale, a gradual moderation in home prices and a decrease in property sales compared to historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,686 on the region’s Multiple Listing Service® (MLS®) in November, a 28.6 per cent decline compared to the 2,360 sales in November 2011 and a 12.7 per cent decline compared to the 1,931 home sales in October 2012.

November sales were 30.3 per cent below the 10-year November sales average of 2,420…

Click Here for Full Stats Package

Click Here for Full Article

#105-290 Francis Way New Westminster (The Grove-Victoria Hill)


Welcome to The Grove in Victoria Hill. Enjoy this 851 SF, 2 Bed, 2 Bath,  Private, SouthWest Facing ground level suite with a LARGE PATIO (Approx 175SF) great for entertaining. This suite features a great layout, open concept Kitchen/Living/Dining area, bedrooms on opposite sides of the living room, contemporary styled kitchen & bathroom with Granite counters, plenty of cabinets & stainless steel appliances, and living/dining rooms feature dark laminate flooring throughout. Excellent Amenities at the “Boiler House” incl: Gym, Theatre, Study area, Lounge with Kitchen, Basketball Court. Central location, surrounded by greenspace. 5min walk to Queens Park, 15min walk to Skytrain Station and short drive to Shops & Restaurants.

For complete listing click here.
MLS Feature Sheet 105 290 Francis Way

#311 225 Francis Way, New Westminster (The Whittaker at Victoria Hill)

April 12, 2011 – Video Blog of #311 225 Francis Way, New Westminster

WHITTAKER at Victoria Hill – Stunning 2 Bed+Den, 2 Bath with unobstructed River & Mountain Views!! Enjoy views of the Fraser River from your living room & large patio. This suite features a large and open living/dining room area with  laminate flooring, impressive kitchen with granite counters, stainless steel appliances & lots of cabinets, granite counters and under-mounted sinks in bathrooms as well. Located just steps to the Boiler House which features a huge gym, lounge area, reading area, media room, meeting room & basketball court. 2 Parking Stall included! Rentals allowed & pets allowed with restrictions. Must See!!

CLICK ON THE LINK BELOW FOR MORE DETAILS:

http://mlsr.realtylink.org/mlsr_get/res_sale_result_detail.cfm?comID=&agentID=52438&searchtype=both&CID=1180398&TMPL=1&MLS=V878742

#106 707 Gloucester St., New Westminster

March 22, 2011 – Video Blog of #106 707 Gloucester St., New Westminster

Impressive CORNER suite in the New Westminster’s Uptown Area, Enjoy the large South-facing balcony surrounded by trees. Short walk to skytrain, shopping and elementary school. This suite features laminate floors, gas fireplace in the living room, new backsplash & counters in Kitchen,new appliances(2008). Spacious master bedroom with walk-through closet. Located on the SW corner of the building, lots of natural light,very open & spacious living/dining room area.Suite is on the 1st floor,but private and situated one floor up from ground level 1 Parking and 1 Storage included. NEW ROOF (2010), Re-Plumbed in 2001, NEW BOILER to be installed (paid by Seller) MAINT. FEE INCLUDES HEAT & GAS! Pets allowed w/restrictions.

CLICK ON THE LINK BELOW FOR MORE DETAILS:

http://mlsr.realtylink.org/mlsr_get/res_sale_result_detail.cfm?comID=&agentID=52438&searchtype=both&CID=1180398&TMPL=1&MLS=V875427

#1207 833 Agnes St., New Westminster (NEWS)

March 10, 2011 – Video Blog of #1207 833 Agnes St., New Westminster

NEWS-IMPRESSIVE 2 BED+DEN,2 FULL BATH CORNER UNIT WITH SW FACING VIEW OF FRASER RIVER!Built in 2006 by Rykon,CONCRETE construction & centrally located in the heart of downtown New West.This suite features all the builder’s upgrades!Granite  counters in kitchen & baths, stainless steel appliances, upgraded kitchen cabinets,built-in desk in Den & premium Maple laminate flooring. Large SW facing balcony,plenty of space for a BBQ & patio set,Spacious MSTR Bed w/Walk-In-Closet,Open floor plan/lots of window bringing in light 1 parking & 1 storage incl(ADDITIONAL Parking Space available for purchase $2750 TAX IN).Pets allowed & rentals allowed.Steps to NW Skytrain, Starbucks, IGA, Restaurants,Quay Market.

FOR MORE DETAILS:

http://mlsr.realtylink.org/mlsr_get/res_sale_result_detail.cfm?comID=&agentID=52438&searchtype=both&CID=1180398&TMPL=1&MLS=V873410

REBGV reports increased housing demand in February

VANCOUVER, B.C. – March 2, 2011 – Demand for detached homes continues to be strong across Greater Vancouver, with particularly high sales volumes occurring in Richmond and Vancouver Westside.

For the past two months, the number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) in Greater Vancouver outpaced the 10-year average in both categories. From a historical perspective, February’s 3,097 homes sales outpace the 2,742 home-sale average recorded in the region over the last ten years.

“We saw an increase in demand across our region last month as more buyers entered the market in advance of the spring season,” said Jake Moldowan, president of the Real Estate Board of Greater Vancouver (REBGV). “The intensity of this activity varied between communities. Our statistics tell us that single detached homes in Richmond and the west side of Vancouver remain the most sought after properties in our marketplace.”

Between November 2010 and February 2011, the MLSLink® Housing Price Index (HPI) benchmark price of a detached home in Richmond increased $190,739 to $1,099,679; in Vancouver West, detached home prices increased $222,185 to $1,850,072. In comparison, detached home prices across the region increased $51,762 between November 2010 and February 2011 to $848,645.

“To effectively analyse real estate statistics for the purpose of buying or selling a home, it’s critical to focus on your neighbourhood of choice because, like we see today, conditions and prices can fluctuate significantly within the same city or municipality,” Moldowan said.

FOR FULL STATS PACKAGE CLICK ON THE LINK BELOW:

rebgv-stats-package-february-2011

#202 833 Agnes St., New Westminster (NEWS)

December 28, 2010 – Video Blog of #202 833 Agnest St., New Westminster

Concrete construction & built by Rykon. This 4 years young 1 bed/1 bath suite has many Oustanding Features which include: Granite counters, Premium front load washer & dryer, Stainless Steel appliances, laminate floors, walk-in-closet, in-suite alarm, built-in computer hutch with drawers & lots of windows. Amenities incl: Gym, social room, video surveillance, on site gardens & playground. You will love the central location!! Across the street from a dog park, steps to Douglas College, shops, restaurants, Skytrain (25 min from Downtown Vancouver), transportation, the Quay & much more. Rentals Allowed & pets Allowed with restrictions. 1 pkg &  1 locker included. Call today!