Monthly Market Report

Home Pricing Strategies: How to Price Your Home for a Successful Sale

Posted on Jan 16, 2025


Pricing your home is one of the most important decisions you’ll make when selling. Price it too high, and you risk scaring off buyers. Price it too low, and you might leave money on the table. So how do you find the sweet spot? Let’s break down some common home pricing strategies to help you understand your options.

1. Pricing Below Market Value


This...

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Deposits: Everything You Need to Know

Posted on Dec 03, 2024



When you’re buying a home in British Columbia, one of the first financial commitments you’ll make is the deposit. It’s a key part of the process and often raises questions, especially for first-time home buyers or buyers who haven’t made a home purchase in many years. In this post, we’ll break down what a deposit is, how it works, and answer some o...

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Understanding Depreciation Reports: What They Are, Why They Matter, and How to Read Them

Posted on Nov 06, 2024



If you’re considering purchasing a strata property in British Columbia, you’ve likely come across the term “depreciation report”. This document plays a crucial role in assessing the financial health and future maintenance needs of the building you’re thinking about calling home. In this post, I’ll cover what a depreciation report is, why it’s impor...

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The Cost of Selling a Home

Posted on Oct 06, 2024



Selling a home is an exciting time—whether you're upgrading to a larger space, downsizing, or embarking on a new chapter in life. However, it's important to be aware of the various costs associated with selling a home in British Columbia. While the sale price may seem like a big win, several expenses can impact your final profit. Let’s break down t...

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Property Transfer Tax: How Much Will You Have to Pay?

Posted on Sep 04, 2024



When you buy real estate in British Columbia, one of the costs you'll encounter is the Property Transfer Tax (PTT). Whether you're a first-time homebuyer or an experienced real estate investor, understanding this tax is crucial for planning your purchase. Today, I'll break down what the Property Transfer Tax is, who needs to pay it, when it’s due...

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The Cost of Buying a Home

Posted on Aug 08, 2024



Purchasing a home is a significant milestone and investment, particularly in British Columbia, where the real estate market is vibrant and dynamic. While it’s easy to get caught up in the excitement of owning a home, it's crucial to be aware of the various costs involved beyond the purchase price. Here, I’ll take you through all the major expenses...

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