Vancouver BC Real Estate
Vancouver is one of the most interesting, diverse, and beautiful cities in the world. It has consistently been ranked the most desirable and livable city by CNN.com and other magazines and websites.
Vancouver has a population of about 600,000, and is located in a region of 2 million people, making it the largest city in the province and the third largest in Canada. Famous for being one of the most cosmopolitan cities in the world, more than 50% of the residents have a first language other than English. Whole sections of Vancouver have been appointed as "Little India" and "Little Italy", and Vancouver's China Town is second largest in North America.
Vancouver Real Estate Articles and Market News
Looking for an investment? Check out these villas on the fairway!
Recently I ran into an interesting investment opportunity in Chilliwack, BC, the warmest city in Canada. In Chilliwack rests one of “BC’s best hidden kept secrets”, The Falls Golf & Country Club, home to a breathtaking golf course with expansive views of the hillsides and from Abbotsford to Harrison. There are currently some big development plans underway in the immediate vacinity including a $250 million dollar multi use sports facility and winter club, with what is going... [Read more]
Tax Assessed Value vs Fair Market Value?
In just this past month, I’ve had 3 buyers tell me that they aren’t willing to pay much higher above what the tax assessed value of the property is. Reason? They all seem to be under the impression that tax assessed value equals what the price of the property should be. It’s because of this misconception that some listing agents write things such as “priced under assessed value” etc in their marketing remarks, and in turn, partially because of those marketing remarks... [Read more]
Coal Harbour Video Tour
Amy and Laura take you on a tour of one of Downtown Vancouver’s waterfront communities, Coal Harbour. Coal Harbour is located on the southern shores of the Burrard Inlet and is home to one of Vancouver’s more prestigious marinas, Coal Harbour marina (which is also one of the two marinas that will accommodate larger boats with 330′ slips. The boundaries of Coal Harbour are Georgia Street, Denman Street, Burrard Street, and the waterfront. Here you will find condominium units in... [Read more]
Have you used your home renovation tax credit?
Deadline is approaching! At the end of January 2010, the Federal Home Renovation Tax Credit incentive, part of Canada’s economic action plan, will be coming to an end. If you’re a Canadian homeowner and were thinking of a kitchen remodel or finally landscaping your front or back yard…time to move. Here’s the low-down on the Home Renovation Tax Credit. What is it? : It’s a federal non-refundable tax credit based on eligible expenses for improvements to your house, condo... [Read more]
Facts on HST and how it will affect BC Real Estate
How will the new Harmonized Sales Tax affect Real Estate purchases in Vancouver? This is a question that I been recently asked over and over. My answer is not as much as most people think. HST is a 12% sales tax that will be implemented in July of 2010. This tax will replace the current 5% government sales tax combined with the 7% provincial sales tax that currently exists. Listed below are the key facts that will influence your Vancouver Real Estate purchase: 1. HST will affect the purchase of... [Read more]
West End Video Tour!
The West End is, in my opinion, Vancouver’s in-city suburb. The West End is the only area you will find in Downtown Vancouver where detached residential homes exist on tree-lined streets. Homes in this area are older heritage homes, with many Craftsmen style homes (strating in the lower million dollar range) that have been converted to duplexes and triplexes. The rental rate is some of the highest in this community of the Downtown Vancouver area so for investors looking for small rental investments,... [Read more]
Ranch Park Lodge For Sale!
Asking price: $889,900
New price! 3 bedrooms, 3 bathrooms, 2680 square feet, 2.496 acres. Gorgeous valley & mountain views with quality finishes. Move in as your primary residence, or keep it as an income generating executive vacation rental. More info.