Douglas Belcher's (dougbelcher) Blog

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Industry Observer - Chateau Realty
RECENT BLOG POSTS
6 car garage with a renovated home or a renovated home with a 6 car garage. Either way you look at it this updated home is a rare listing. The home previously rented for $1000/month prior to renovation. The owner rented the home and used the garage to restore vintage cars. This would be ideal as...
09/20/2010
North Nanaimo, Ocean view lot located on Norton Road - off Norsea from Hammond Bay Road. Quiet road close to ammenities. Homes in this area with ocean view sell for $500,000+. This lot would be ideal for a ground level entry home with main living area upstairs (panoramic ocean views). Nanaimo rea...
07/21/2010
Ocean view North Nanaimo home on .42 acre lot, 4 bedroom 3 baths, new roof, 2 car garage, priced to sell and vacant ready for quick possession. This is an extraordinary opportunity to own an ocean view residence on a large lot central to shopping and amenities. This home has had a building inspec...
06/25/2010
The HST will come into effect July 1 2010 on all new homes. The 12% tax will be added to the price. There are rebates on all price ranges (see table below). The interesting thing I learned today is that builders are able to claim both the GST and the PST on expenses they incurred. They could prev...
06/17/2010
There are currently 49 single family homes listed in Departure Bay with an average price of $579,075 2454sq feet is the average size. The median list price is $429,000 with an average size of 2382 sq ft. There are three waterfront homes all under $1,000,000. Average list price for ocean view home...
06/15/2010
This 2 bedroom condo has been completely renovated including new floors, appliances, paint and much more. One of the nicest in the complex. Priced to sell! It is conveniently located near Longwood Station, shopping, banks, restaurants and grocery stores. It looks like a new condo show suite. Book...
06/04/2010
CREA released a news report today announcing that home prices will stabilize and remain stable. Gregory Klump the cheif economist for CREA said that while home prices tend to rise in cycles sharp growth followed by periods of stability. Income on the other hand tends to rise at a more regulated r...
05/26/2010
  The lowest priced two bedroom condo in Nanaimo. This centrally located 850 sq ft condo is walking distance to the hospital, scholls, parks and shopping. The low strata fees of $195/month include heat and hot water. This would be ideal for parents wishing to buy instead of rent for their childre...
05/16/2010
The inventory of single family homes in central Nanaimo is quite low right now making it a good time to list your home in this area. The current number of homes for sale in central Nanaimo is 51. If you try and find a 3 bedroom 2 bath home under $325,000 there are only 9 and only 4 of those have ...
05/14/2010
Prices for the average single family home are starting to rise again from last June's low but are still below Dec 2008.The avaerage selling price of a single famliy home in Nanaimo in March was $368,610. The number of units sold is up 47% over last year (month of March) 119 units sold.  The last ...
04/21/2010
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DouglasBelcher

RE/MAX, Nanaimo ABR ePRO SRES
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