Michael Giesbrecht, West Vancouver/BC real estate: Blog

West Vancouver Numbers

May 2nd, 2007

Detached 288 homes currently available Price range: $747,000.- $10,600,000. Average: $2,215,111. 207 sold this year (average - $1,664,938.) 65 sold in March Ambleside: 34 active, ranging in price from 1.048 million to 4.595 million, with an average of 2.822 million 31 sold this year (avg 1.225 million), with 5 selling in March Dundarave: 18 active, ranging ...

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The Canadian Economy

May 1st, 2007

The Canadian dollar was above 90.5 cents yesterday, presumably on news of a stronger-than-expected Canadian economy. The Canadian economy grew 0.4 percent in February, double what analysts had expected and up from just 0.1 percent in January, Statistics Canada reported.

-from CanWest News Service

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BC Unemployment Low

April 30th, 2007

The unemployment rate measures the number of people in the labour force not working. B.C.'s rate is below the national average and was sitting at 4% through February.

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Selling Cottages

April 29th, 2007

Selling cottages, or any asset for that matter, to children for less than fair market value can result in double taxation because the transferor will have proceeds equal to fair market value and the recipient will have an adjusted cost base equal to what they paid. Alternatives include: (i) a gift to the child which would be a disposition at fair market value to the transferor and ...

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Make Sure You Have a Marketing Plan

April 25th, 2007

Make Sure You Have A Marketing Plan By Michael Giesbrecht Prudential Sussex Realty April 2007 Only for the rare few sellers will simply placing a “For Sale” yard sign on the front lawn create a line of traffic filled with potential buyers. If you want buyers to see your home, you’ve got to find them. The key is marketing. To get the most exposure for your home, you should have ...

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Before You Buy a Condo

April 21st, 2007

Here are some good questions to ask before purchasing a particular condominium: What are the monthly maintenance fees and what do they include? Self managed or managed by a property management firm? What is the reputation of the builder/developer? If the building is older than 1999, what building inspections have been done? Any engineering reports? Are there a ...

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Most Expensive Homes on the U.S. Market

April 18th, 2007

No. 1 - $155 million - The Pinnacle at Yellowstone Club - Big Sky, Montana No. 2 - $135 million - Hala Ranch - Aspen, Colorado No. 3 - $125 million - Trump Estate - Palm Beach, Florida No. 4 - $100 million - Tranquility - Lake Tahoe, Nevada No. 5* - $75 million - The Portabello - Corona del Mar, California No. 5* - $75 million - Three Ponds - Bridgehampton, New York No. 6 - $70 millio ...

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West Vancouver Dundarave / Ambleside

April 11th, 2007

There are currently twenty-nine condos for sale and there have been thirty-eight sales so far this year. The length of time to sell these homes right now is averaging just under 30 days. About 1/3 of the sales this year have been at full or above asking price.

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Renovations: Contractor Questions

April 10th, 2007

1. How long have you been in the business? 2. What work are you licensed to do, ie. electrical plumbing? 3. What kind of work do you specialize in? 4. Have you done a similar job before? 5. Will you use your own crew for the work or will you subcontract part of the job? 6. How and when do you clean up, particularly fine dust? 7. What work schedule will you follow? 8. What kind of war ...

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The Empty Tomb

April 8th, 2007

John 20:1-18 The Empty Tomb 1Early on the first day of the week, while it was still dark, Mary Magdalene went to the tomb and saw that the stone had been removed from the entrance. 2So she came running to Simon Peter and the other disciple, the one Jesus loved, and said, "They have taken the Lord out of the tomb, and we don't know where they have put him!" 3So Peter and the other dis ...

Mike Giesbrecht

Royal LePage Sussex West Vancouver

Blog by Michael Giesbrecht

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West Vancouver Numbers

The Canadian Economy

BC Unemployment Low

Selling Cottages

Make Sure You Have a Marketing Plan

Before You Buy a Condo

Most Expensive Homes on the U.S. Market

West Vancouver Dundarave / Ambleside

Renovations: Contractor Questions

The Empty Tomb

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