January 19, 2016
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DESCRIPTIONSection Z of the January 19, 2016 edition of the Alberni Valley News
JANUARY 2016 Published monthly by Alberni Valley News albernivalleynews.com 250.723.6399
ALBERN I VALLEY
REVIEWReal EstateALBERN I VALLEYALBERN I VALLEY
REVIEWREVIEWREVIEWReal EstateReal EstateReal EstateReal EstateALBERN I VALLEYALBERN I VALLEYALBERN I VALLEY
Port Alberni-Paci c Rim
3137 8TH AVE
CLASSIC HOMEWITH ELEVATOR
3 Bed, 1 Bath, 2,595 sq ft Wheelchair accessible,
cozy backyard New roof, carpet, paint,
3218 3RD AVE
6 separate unites, +/- 18,000 Sq. ft, 6 bathrooms
9 bay doors, separate hydro & gas meters
Adjacent lot incl. in price, C3 & C7 zoned.
3949 MOORE ROAD
CHERRY CREEK BEAUTY
4 Beds, 3 baths, 3,227 sq ft, 3 replaces
Completely updated from top to bottom
.69 of an acre, detached shop, 3 car garage
3550 BRACKEN LANE
BEAUTIFUL UPLANDS HOME 3 beds, 3 baths, of ce, bonus
room, 2,529 Sq Ft Cherry cabinets, granite,
hardwood, heated tile Heat pump, outdoor cooking
area, detached man cave Close to walking trails &
shopping and more
NICE RANCHER WITH SHOP
3 Beds, 1 bath, 1,092 sq ft Newer roof and windows Detached shop and large yard
#1 6189 LUGRIN
LAZY WHEEL PARK
Manufactured home still under warranty
3 bed, 2 bath, 1152 sq ft, built 2009
Carport and nice big deck
5459 WOODLAND WEST CRES.
2 beds, 2 baths, 1,077 sq feet Gas replace, 2 patios, carport Can be rented, small dog
LOT 2 11TH AVENUE
.54 acres in the city 2 access points, great location
3 beds, 3 baths, 2,127 sq ft Chefs kitchen w/double ovens,
W/I pantry and more Shop with bathroom, skylights,
wired Built in 2009, sprinkler system
9492 STIRLING ARM DRIVE
GREAT ENTERTAINING PROPERTY
1725 sq ft, 4 bedrooms, 2 baths Additional accommodation
for guests 50 of beach, .50 of an acre, lots
2538 15TH AVENUE
NICE SPLIT LEVEL HOME
5 beds, 1 bath, 1600 sq ft Hard wood oors, cove ceilings 20x25 detached shop, fully
fenced, alley access
$ 199,900NEW PRICE
#1-4505 Victoria QuayOffice: 250-723-5478 250.720.6034Port Alberni-Paci c Rim
LOT B MERSEY ROAD
1 acre Close to the city Lot is 101 wide by 430 deep Water to lot line
CHERRY CREEK ACREAGE
2.34 Acres Low taxes Close to town
PROUD SUPPORTER OF:
3633 LYALL POINT
3 beds, 2 baths, 1700 square feet
Granite, hardwood, travertine, 9 ceilings
Heat Pump, B/I vac, Speaker system, 2 car garage
As a member of the RCMP, now retired, I have had the opportunity to work with many realtors over the years. Maureen was recommended by a friend who stated that Maureen will work hard for you. No more of an understatement could have been made. Of all the realtors that we have used over the years Maureen is the one that my wife and I will remember. During the process I learned about Maureens values, both personal and professional, and found them to be profound and true. I expect a realtor to be professional. That is easy and Maureen knows her profession. What touched my wife and I were Maureens values of honesty, integrity and respect. There is no on/off switch for these three values. You either have them or you dont. There was not one moment, on or off task or business, that Maureen did not convey those three values to us. That built trust and it never wavered throughout the entire sale process. I would highly recommend this outstanding and genuine person to assist you in your Real Estate needs. - Roberta and Inspector Gord Wellar, RCMP (Rtd)
Housing sales in the Vancouver Island Real Estate Board (VIREB) area decreased in December, refl ecting seasonal market conditions, but annual sales volume rose 13 per cent over 2014.
A total of 4,886 sin-gle-family homes sold on the Multiple Listing Ser-vice (MLS) in 2015, an increase of 13 per cent over the 4,335 sales recorded the previous year. Both the benchmark and average prices increased last year, up 6.91 per cent and four per cent respectively.
Inventory levels were at their lowest since 2005, down 17 per cent from the previous December. Limit-ed inventory continues to place upward pressure on prices, which has created market conditions that favour sellers.
B.C. Real Estate Associa-tion Chief Economist Cam-eron Muir predicts that housing sales in 2016 will remain robust throughout
most of the province al-though we may not see the same level of acceleration that presented in 2015.
Th e housing market is in a very healthy position heading into 2016, fueled by consumer demand and low interest rates, said Muir. Lack of inventory throughout much of the province will see home buyers competing for properties, particularly in the single-family-detached market.
Although the Canadian economy improved in 2015, uncertain economic conditions will likely keep interest rates low, with any increase coming late in the year, if at all, said Muir.
VIREB President Margo Hoff man confi rms that the VIREB housing market is now in sellers territory, primarily caused by inven-tory levels that steadily de-clined month over month in 2015.
Weve been expect-ing house prices to rise
because there are now more buyers than sellers in most of our zones, said Hoff man. However, the VIREB market is still very price-sensitive, with over-priced homes taking much longer to sell. Pricing your
home properly for your neighbourhood is key, which is where the services of a realtor come in.
In December 2015, 277 single-family homes sold in the VIREB coverage area, up eight per cent
from the 257 sales record-ed the previous December and a 21 per cent drop from November 2015.
Th e benchmark price for a single-family home was $338,500, up 6.91 per cent from one year ago.
Benchmark pricing tracks the value of a typical home in the reported area. Th e average MLS price of a single-family home in De-cember was $362,128, up two per cent from Decem-ber 2014.
Th e December 2015 benchmark price of a single-family home in Port Alberni was $197,700, an increase of 12.47 per cent since December 2014.
Th e benchmark for Campbell River area was $265,200, down slightly from last year.
In the Comox Valley, the benchmark price was $332,900, up 4.24 per cent from 2014. Duncan report-ed a benchmark price of $302,300, an increase of 7.87 per cent over the same month in 2014.
Nanaimos benchmark price rose 5.36 per cent to $356,300 while the Parks-ville-Qualicum area saw its benchmark price rise by 6.53 per cent to $380,900.
Housing prices end year on high note
STAY CONNECTED.your local news, in print and online.
Strong housing sales in 2015 meant a lot of happy families buying and selling homes. VIREB predicts another strong year for home sales in 2016 on Vancouver Island.
4213 Princess RoadPort Alberni, B.C.
250-720-9744 firstname.lastname@example.org www.lancesells.ca
4213 Princess RoadPort Alberni, B.C.
5870 Brown $219,900 Looking for something different-
this home is BOLD Unique very liveable 2,300 sqft., 3
bdrms, 2 baths Lg living room with propane f/p, lg
tiered deck 90x200 level lot, semi-private/rural
with city services.
3501 12th Ave $189,900 Are looking for a home with style,
grace & charm? Nicely updated & maintained
heritage home Large fully fenced corner lot with
green belt 2,200 sq.ft. 4-5 bdrms, 2
bathrooms, large kitchen
Lovingly Cared For Home
10048 Falcon Road $574,900 5 secluded acres at the foot of the
Beaufort Mountains 3,000 sq. ft. 5 bedrooms, 3
bathrooms 8 year old custom home Vaulted ceiling, oor to ceiling river rock
re place, exposed aggregate deck Extravagant maple kitchen with
granite counters, large island
#3-10325 Lakeshore Rd $99,900 Private water access at a price you
can afford. 10 yrs old 924 sq.ft. 2 bdrm w/
large 40 x 8 deck Vaulted ceiling, large open kitchen,
dining, living room Low maintenance easy care home
a short stroll to gated beach.
Sproat Lake Living
#14-3500 McKnight $355,900 High end quality constructed 3 bd,
2 bath patio home Great room concept with 9
ceilings Gorgeous kitchen with granite
counters & large island No age restrictions in this
College View Estates!
4093 Steede Ave $219,900 One owner home 2,400 sq.ft. 3 bedroom plus 1
bed suite 33 x 14 covered deck off kitchen 70 x 120 corner lot with
8400 MacMillan Dr $159,900 Driveway is in, drilled well and lot
is cleared Bordered by trees on one side &
at rear Less than 10 min to town 1.29 acres, excellent views of
Sproat Lake View Lot
4571 North Park Dr $169,000 Quiet stre