Marpole Real Estate Matters

May 29th, 2015
I just started a new page on our site entitled "Marpole Real Estate Matters" at: http://www.shuchatgroup.com/MarpoleRealEstateMatters.ubr
There you will find up to date information about the current issues affecting Marpole property and the City of Vancouver.

The Cambie Corridor Redevelopment Plan-Phase 3-Densification

May 27th, 2015
As I see things, the Pearson Land rezoning project was a significant proposal which initially was to include Marpole.  The public backlash was so great in the fall of 2013 that immediately lawn signs were visible everywhere reading: "Stop Marpole Rezoning".  The city, stressed by the large project at Pearson and with the public backlash before an election, backed off south of 59th A ...

Richmond Real Estate Report: Largest Price Reductions by Property Type

May 23rd, 2015
Here are the largest price decreases by percentage greater or equal to -4% and organized by property type for Richmond.  Most noteworthy is that when reviewing all of the data that appeared there were many significant price increases to as high as 22%.  As potential buyers, you won't find those nearly as interesting as the price reductions.  This is one more reason why sellers need to get the ...

9 Places to retire and live for less money

May 18th, 2015
Check out the last link on my page: www.downsizemyproperty.com for the complete article!

Vancouver Real Estate Report- Real Estate Math

May 15th, 2015
The British Columbia Real Estate Association just came out with a report indicating that prices for the month of April across the province increased by 13% since the same time last year. Now, by any measure, especially in comparison to GIC rates at your local bank, that annual return is stunning.  However, it does not reflect the real increase in owner equity, or the rate of return to the ave ...

BC Property Tax Deferment Program

May 13th, 2015
You can pay your property taxes using your credit card to avail yourself of loyalty points from your card providers. This could be done by signing on to Epost and registering the City as a bill payee for both the property tax account and the city utility account. You need to do this soon to avail yourself of this option by the time your property taxes are due.  You should also register your u ...

Aging Population and Downsizing

May 11th, 2015
I just uploaded a link to a recent Vancouver Sun article at the bottom of my page at: www.DownSizeMyproperty.com.  It is worth a read.  The econoimic problems I envision for our province will only become exacerbated as the local population ages, retires and is not replaced by tax-paying resident workers. With real estate prices climbing and without sufficient equity to enter the housing marke ...

Richmond Real Estate Market Report

May 6th, 2015
The median listed price of a single family home out of 333 active listings in West Richmond today is $1.599 Mill for a 3030 sq ft home in Terra Nova built in 1993 on a 5610 Sq ft lot having 5 bedrooms and 4 bathrooms.

The median selling price for the last 30 days of those single family units sold is: $1,180,000 for a 3050 sq ft home on a 5119 sq ft lot in Lackner on Jaskow Dr., the home having ...

Selling a Vacant Property

May 4th, 2015
Have we all not seen those terrible listing photos of vacant property where all you can see are 2 walls and an empty corner with part of a window?  There are alot of empty condo units for sale on the market today and without generating foot traffic with gorgeous photos, it is doubtfull efforts will lead to a sale.
That is why I stage every vacant unit I list.  To make thing even easier, I stag ...

Where to go to downsize?

May 4th, 2015
For information on downsizing your property, please check out: www.downsizemyproperty.com, where you will find links to complete new development property listings in British Columbia.