Monthly Market Report

Assessed Value vs. Market Value: What’s the Difference?

Posted on Feb 10, 2025



If you’ve ever wondered why your property’s assessed value doesn’t match what you think it could sell for, you’re not alone. Assessed value and market value are two different ways of looking at your home’s worth, and understanding the difference is key when buying or selling. Let’s break it down.

What Is Assessed Value?


The assessed value is the valu...

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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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