Blog by Michael Giesbrecht

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North Vancouver Condo Update

February 19th, 2012
There are currently 377 condominium apartment homes for sale in North Vancouver ranging in price from $217,500 for an 855 square foot 2-bedroom home in a Central Lonsdale age-restricted building, to $2,600,000 for a 3 bedroom, 1,700 square foot view home in Lower Lonsdale. There have been 148 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in ...

HST/PST Housing Transitional Rules

February 18th, 2012
The government today announced the HST/PST transitional rules on new homes. As the province transitions back to the PST, which will replace the HST effective April 1, 2013, measures to ease the HST burden on new home buyers include: The BC New Housing Rebate threshold will increase to $850,000 from $525,000, so that more than 90% of newly built homes will now be eligible for a provincial ...

North Vancouver Luxury Real Estate

February 15th, 2012
May 2003 marked the first time a home in North Vancouver sold for at least $2,000,000.  The top picture in this post is that home, located at 958 Beachview Dr.  It was a 4-bedroom, 5-bathroom home sitting on a ½ acre lot right on the waterfront.  Since that sale, there have been 80 others over $2,000,000 and of those, 45 have occurred since 2010 and 31 have occurred since January 2011.  The m ...

Top 25 Grants for Property Buyers and Owners

February 10th, 2012
Top 25 Grants for Property Buyers and Owners

Home Theatres: Great for the Family, Desired by Home Shoppers

January 4th, 2012
One of the most in-demand requests that real estate agents are getting from those looking for new homes concerns home theatres, or at least the space to add such a multi-media room. With home-theatre technology evolving and prices lowering over the last decade, the concept has evolved from luxury to near necessity for many households. It’s the place where the family comes together to be ent ...

West Vancouver Single Family Home Update

November 8th, 2011
There are currently 437 single family homes for sale in West Vancouver ranging in price from $289,000 for a 1 bedroom cabin situated on almost an acre parcel on Hollyburn Mountain to $39,000,000 for an 11 bedroom, 29,770 square foot mansion on a 5.44 acre lot at 2190 Camelot Road. There have been 228 sales since August 1st, with the average sale price during that time coming in at $2,333,15 ...

West Vancouver Single Family Home Update

September 26th, 2011
There are currently 478 single family homes for sale in West Vancouver ranging in price from $729,000 for a 3 bedroom home on Passage Island to $39,000,000 for an 11 bedroom, 29,770 square foot mansion on a 5.44 acre lot at 2190 Camelot Road. There have been 325 sales since June 1st, with the average sale price during that time coming in at $2,344,259 and the median sale price being $1,930, ...

Real Estate Is Stimulating

September 13th, 2011
According to the 2011 report Economic Impacts of MLS® Home Sales and Purchases in Canada and the Provinces prepared by Altus Group for the Canadian Real Estate Association, the spin-off benefits of resale activity on the Multiple Listing Service® (MLS®) totals on average $19 billion dollars per year and results in 156,200 direct and indirect jobs. In BC alone, the spin-off spending contribute ...

West Vancouver Condo Update

August 19th, 2011
There are currently 127 condominium apartment homes for sale in West Vancouver ranging in price from $235,000 for a 459 square foot studio in Ambleside to $7,800,000 for a 4 bedroom, 4,811 square foot penthouse in Dundarave. There have been 88 sales since May 1st, with the average sale price for a 1-bedroom during that time coming in at $536,659 and the median sale price at $575,000. For 2- ...

West Vancouver Single Family Home Update

August 9th, 2011
There are currently 450 single family homes for sale in West Vancouver ranging in price from $729,000 for a 3 bedroom home on Passage Island to $39,000,000 for an 11 bedroom, 29,770 square foot mansion on a 5.44 acre lot at 2190 Camelot Road. There have been 372 sales since May 1st, with the average sale price during that time coming in at $2,259,819 and the median sale price being $1,865,0 ...

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