1) Less competition: Lower inventory could result in a better selling experience due to lack of available listings to existing buyers. 2) Test the market: If you don’t see a great offer early, spring and summer markets are typically strong and right around the corner. 3) Put yourself in a buying position: Selling early in the year puts you in a stronger buying position in the spring/summer when there is a better selection of listings. This would reduce your financial risk and put you in a more favourable offer position.
Why Buy in March?
1) Less buyers: snow and rain keeps buyers indoors, which could help you get a better deal on the home you love. 2) Potential deals: Winter weather, less buyers, lingering inventory from the fall can lead to buying opportunities. 3) Seasonality: Every year is different, but in a typical year winter is slower than spring and summer. Take advantage of the slow season before more buyers show up.
Last year we helped over 100 families move on to the next chapter of their lives, and we hope to help more this year! If you’re thinking of buying or selling, or just curious about what your home is worth, give us a call!
Buyer confidence is back and the market is picking up!
We are coming off a very interesting and abnormal year in Greater Vancouver Real Estate.Last year started off very slow! In March the headlines read ‘Vancouver home sales hit 33 year low!’However, as the year progressed, buyer activity increased. July was the turning point where sales started outperforming the previous year and we finished the year off very strong with home sales in December up 88% compared to 2019 and above the 10 year average.
We expect a busy year ahead and a significant increase in single family home sales.It’s early in the year, but so far we have experienced more multiple offers and quicker sales.
What does this mean for your home?
Inventory is low to start the year and there are lots of buyers looking to make the jump from strata to single family in New Westminster! Our recent sale at 220 Durham St, at the end of January, received 4 offers in 2 weeks on market and sold full price subject free!
Elliot Street is the most attainable concrete product in the Lower Mainland. 130 new homes in New Westminster. Designed with living in mind. Design is more than great materials, it’s a holistic understanding of how they work together.
Townhomes (2 Bed+den, 1106-1342 SF) – $459,900
Studio (446 SF) – $159,900
1 Bed (575-678 SF) – $199,900
2 Bed (880-928 SF) – $319,900
Penthouses (2 Bed, 1154-1182 SF) – $694,900
*Studios and 1 Bed Condos do not include a parking stall. However, a parking stall can be purchased for $15,000.
A CITY REVITALIZED New Westminster is well known for its rich character and history, just like Ledingham McAllister, with our 107 year history of building quality communities throughout British Columbia. As a result, we are incredibly proud to introduce Dominion, a community of Craftsman-style residences to British Columbia’s original capital city.
VICTORIA HILL – Stunning 2 Bed, 2 Bath 1051SF South Facing Suite Overlooking the Park & Fraser River. Very Private & Peaceful View that will not change and enjoy it from your Large Balcony which receives plenty of Sunshine. Features incl: Gas range, Granite Counters, Stainless Steel Appliances, & upgraded 42″ Upper Cabinets in the Kitchen, Stone Fireplace, with Hardwood Throughout (Living/Dining/Bedrooms), Crown moldings, 2″ Blinds, Granite in all Bathroom. Open Floor Plan with Spacious Kitchen. Well Maintained Building. Amenities Incl: Gym, Lounge & Billiard Games Room. 2 Side-by-side Parking & 1 Large Storage Locker. For complete listing click here. MLS Feature Sheet #214 14 East Royal Ave
June 28, 2010 – Video Blog Tour of #27 245 Francis Way, New Westminster
GLENBROOK AT VICTORIA HILL – Outstanding 3 bed, 2 bath Townhome, River & Mountain views, 1562 sqft with double tandem garage. This impressive home features high ceilings on the main, engineered hardwood floors, beautiful wood kitchen cabs, crown mouldings, granite counters, stainless steel appliances, 3 decks, spacious master bedroom w/large walk-in closet, oversized garage for 2 cars + extra rec room if desired, FULL RAINSCREEN with 2-5-10 yr warranty. Outstanding Amenities at the “Broiler Room” incl:Exercise Centre, Theatre Room, Study Area, Basketball Court & lounge w/pool table. Excellent location close to parks, shopping, 15 min walk to skytrain & privately situated at the back of the complex. Must See!!