New Comox Valley Listing at 1385 WILLEMAR AVE in COURTENAY Z2 Courtenay City, Zone 2 - Comox Valley
New Comox Valley Listing at 13 717 ASPEN ROAD in COMOX Z2 Comox (Town of), Zone 2 - Comox Valley
New Comox Valley Listing at 1 1520 PIERCY AVE in COURTENAY Z2 Courtenay City, Zone 2 - Comox Valley
I have sold another Comox Valley listing at 339 NIM NIM AVE in COURTENAY
I have sold another Comox Valley listing at 4662 MACINTYRE AVE in COURTENAY
New Comox Valley Listing at 339 NIM NIM AVE in COURTENAY
New Comox Valley Listing at 2010 PARTRIDGE PLACE in COURTENAY
I have sold another Comox Valley listing at 14 1901 RYAN E ROAD in COMOX
New Comox Valley Listing at 1 1836 COMOX AVE in COMOX
I have sold another Comox Valley listing at 14 352 DOUGLAS STREET in COMOX
New Comox Valley Listing at 2107 44 ANDERTON AVE in COURTENAY
New Comox Valley Listing at 1 1520 PIERCY AVE in COURTENAY
New Comox Valley Listing at 14 1901 RYAN E ROAD in COMOX
I have sold another Comox Valley listing at 2317 BOLT AVE in COMOX
New Comox Valley Listing at 2317 BOLT AVE in COMOX
Budget Basements: Ideas for Partially Finishing Your Lower Level
Transform your basement into a living area, laundry, bathroom or workspace you can use now — without a full renovation
We’re always looking for more space in our homes, it seems, whether for extra storage, an additional living zone or a new spot to decorate. Often, valuable space can be found in the basement, but fully developing this square footage can be expensive. Add up the costs of framing, flooring, drywall, electrical and finishes, and your project may run into the thousands of dollars. Introduce new decor, and you’ve got an even pricier endeavor.
But there are ways to enjoy that below-grade space while avoiding the hefty price tag of a full remodel. Partially finishing your basement can offer warmth, style and comfort, as well as that extra space you’re craving. Here is how to get the most out of an unfinished basement without breaking the bank.
Another tip is to drywall only some areas of the room, as this photo shows for the wall where the bike is mounted. A limited use of drywall can demarcate spaces, add interest and keep costs down. In this remodel, a cool partition of corrugated metal offers an interesting alternative to more traditional walls.
Note that this basement is, like the other examples, mostly unfinished. The ceilings are open, the concrete block wall is painted, and it appears the concrete floor is as well. Finally, the owner chose white wall paint. This room shows how this simple formula for a basement can form the backdrop for a cozy living space. The finished decorative and soft furnishing elements add the comforts that make the space feel homey.
I have sold another Comox Valley listing at 720 WILLIAMS ROAD in COURTENAY
Make the Most of a Compact Kitchen
Here, the narrow pullout pantry and drawers on either side of the stove mean that the coveted kitchen work triangle can still be maintained.
2016 Was a Banner Year for Real Estate On Vancouver Island
Sales of single-family homes in December were lower than the previous month, reflecting seasonal market conditions and inventory challenges, but annual sales volume rose 24 per cent over 2015.
A total of 6,063 single-family homes sold on the Multiple Listing Service® (MLS®) in 2016, an increase of 24 per cent over the 4,885 sales recorded the previous year. VIREB’s housing market hit its peak in May, which saw 771 sales. The average sale price of a single-family home board wide increased by 13 per cent in 2016 to reach $404,695. Inventory of single-family homes dipped to 859 in December, a historic low, down 17 per cent from November and 37 per cent from one year ago. This figure is the lowest recorded in the VIREB area since the board began tracking inventory in 1999.
The British Columbia Real Estate Association (BCREA) notes that housing demand throughout 2016 was driven by a provincial economy that outperformed the rest of the country. However, BCREA does expect the housing market to weaken somewhat this year.
“Although BCREA anticipates that less robust economic conditions combined with government policy constraints will slow housing demand by more than 15 per cent in 2017, unit sales should remain well above the 10-year average of 85,000,” says Cameron Muir, BCREA Chief Economist. “Sales in the VIREB area this year will likely trend lower than in 2016, but this is merely the market returning to more normal levels from last year’s unprecedented sales activity.”
As she has stated in previous media releases, Margo Hoffman, 2016 VIREB President, reaffirms that housing sales in the VIREB area would be higher if there were more homes available. Seasonal market conditions can account for some of December’s decreased sales, but there are still plenty of buyers, and multiple offers are the norm when listings hit the market.
“We’ve been in a sellers’ market for several months now, and buyers are snapping up available properties,” says Hoffman. “But homeowners need to realize these market conditions won’t last forever, so if you’ve been thinking of selling, it’s a perfect time to do so.”
Hoffman adds that connecting with a local REALTOR® is especially crucial in a competitive housing market. REALTORS® have specialized knowledge of their communities and are equipped with sales tools, such as custom analytics, to help you develop a winning strategy for buying or selling a home. In December 2016, the benchmark price of a single-family home in the VIREB area was $396,100, up 17 per cent from one year ago. Prices increased in every zone, ranging from nine per cent in Port Alberni to 20 per cent in Nanaimo. The benchmark price of an apartment rose 20 per cent board-wide from the previous year, but the highest increases were posted in Parksville-Qualicum (25 per cent), the Comox Valley (26 per cent), and Campbell River (31 per cent). The townhouse market also strengthened in December, posting high double-digit increases in every zone, from 16 per cent in Port Alberni to 20 per cent in Campbell River.
The December 2016 benchmark price of a single-family home in the Campbell River area was $311,500, an increase of 17 per cent over December 2015. In the Comox Valley, the benchmark price was $396,000, up 19 per cent from 2015. Duncan reported a benchmark price of $345,000, an increase of 14 per cent compared to December 2015. Nanaimo’s benchmark price rose 20 per cent to $429,200 while the Parksville-Qualicum area saw its benchmark price rise by 18 per cent to $453,800. The price of a benchmark home in Port Alberni hit $214,700, up nine per cent from one year ago.
Source: Vancouver Island Real Estate Board
I have sold another Comox Valley listing at 211 1045 CUMBERLAND ROAD in COURTENAY