CONTACT

I have listed a new property at 307 989 BEATTY ST in Vancouver.
Welcome to Nova by Bosa! A stylish building in trendy Yaletown. Steps to Seawall, shopping, and sports & entertainment district. This fantastic & bright 2 bedroom + den home is ideally designed, featuring an open concept living space, the 2 bedrooms are on opposite wings of the home , with a Den or flexplace for a workspace or extra storage. Stainless steel appliances, gas stove, Blomberg washer and Dryer (insuite), granite countertops and kitchen island has everything you need. Amenities include a gym, hot tub, yoga studio, steam room, and guest suite. Rental and pet friendly, this home Recently updated with new flooring, and has 1 PARKING and 1 STORAGE LOCKER. Perfect for a small family, upsizer/ downsizer, or investor.
Read full post

Please visit our Open House at 307 989 BEATTY ST in Vancouver.
Open House on Friday, October 1, 2021 3:00PM - 4:00PM BY APPOINTMENT ONLY
Welcome to Nova by Bosa! A stylish building in trendy Yaletown. Steps to Seawall, shopping, and sports & entertainment district. This fantastic & bright 2 bedroom + den home is ideally designed, featuring an open concept living space, the 2 bedrooms are on opposite wings of the home , with a Den or flexplace for a workspace or extra storage. Stainless steel appliances, gas stove, Blomberg washer and Dryer (insuite), granite countertops and kitchen island has everything you need. Amenities include a gym, hot tub, yoga studio, steam room, and guest suite. Rental and pet friendly, this home Recently updated with new flooring, and has 1 PARKING and 1 STORAGE LOCKER. Perfect for a small family, upsizer/ downsizer, or investor.
Read full post

Please visit our Open House at 307 989 BEATTY ST in Vancouver.
Open House on Saturday, October 2, 2021 1:00PM - 3:00PM bY APPOINTMENT ONLY
Welcome to Nova by Bosa! A stylish building in trendy Yaletown. Steps to Seawall, shopping, and sports & entertainment district. This fantastic & bright 2 bedroom + den home is ideally designed, featuring an open concept living space, the 2 bedrooms are on opposite wings of the home , with a Den or flexplace for a workspace or extra storage. Stainless steel appliances, gas stove, Blomberg washer and Dryer (insuite), granite countertops and kitchen island has everything you need. Amenities include a gym, hot tub, yoga studio, steam room, and guest suite. Rental and pet friendly, this home Recently updated with new flooring, and has 1 PARKING and 1 STORAGE LOCKER. Perfect for a small family, upsizer/ downsizer, or investor.
Read full post

Please visit our Open House at 307 989 BEATTY ST in Vancouver.
Open House on Sunday, October 3, 2021 1:00PM - 3:00PM BY APPOINTMENT ONLY
Welcome to Nova by Bosa! A stylish building in trendy Yaletown. Steps to Seawall, shopping, and sports & entertainment district. This fantastic & bright 2 bedroom + den home is ideally designed, featuring an open concept living space, the 2 bedrooms are on opposite wings of the home , with a Den or flexplace for a workspace or extra storage. Stainless steel appliances, gas stove, Blomberg washer and Dryer (insuite), granite countertops and kitchen island has everything you need. Amenities include a gym, hot tub, yoga studio, steam room, and guest suite. Rental and pet friendly, this home Recently updated with new flooring, and has 1 PARKING and 1 STORAGE LOCKER. Perfect for a small family, upsizer/ downsizer, or investor.
Read full post

I have listed a new property at 3782 29TH AVE W in Vancouver.
Amazing Dunbar home with rental potential. This West of Dunbar bungalow main house feat. 2 bedrooms on the main floor with original hardwood floors & lots of character & charm. Downstairs, a partially finished basement features 2 guest rooms & full bath plus an abundance of storage. Expansive sunny south facing deck right off the kitchen leads to a generous fenced yard. In 2013 a stunning craftsman style laneway house was built that features in floor radiant heat, lofted ceilings w/ skylights & ample space to call home or leverage as a rental property. It is a 33 X 130 lot located in one of Vancouver’s most desirable locations just 1/2 a block from St. Georges private school. Amazing restaurants and shopping nearby.
Read full post

I have listed a new property at 118 14TH AVE W in Vancouver.
SIMPLY BEAUTIFUL ONE YEAR OLD THREE BEDROOM TOWNHOUSE WITH PRIVATE FENCED BACK YARD, IN THE ULTIMATE LOCATION FOR A YOUNG FAMILY! THE TOWNHOUSE - so much on offer here. Principal living/dining/kitchen area, PLUS a huge separate family room opening onto large south facing deck connecting to back yard. 2 kids bedrooms + family bath adjacent. Expansive primary bedroom suite occupies the entire top floor. Oak floors. Custom millwork. Shaker cabinets. Caesarstone counters. Gas cooking. Private garage, locker + bike storage. Custom upgrades include AIR CONDITIONING, retractable awning, custom skylight blinds, and extensive landscaping. THE BUILDING - "THE WOODFORD" - intimate collection of 4 townhomes, on one of the prettiest blocks in Mount Pleasant, steps to MP Park + Simon Fraser Elementary.
Read full post

I have listed a new property at 39 23RD AVE W in Vancouver.
Calling all dreamers! This gorgeous Victorian home is ready for its next custodian! Sitting on a 33x148.5ft lot, this home boasts original character details throughout, incld. hardwood floors, stained glass & hot water radiant heating! Main floor has a grand family room w/ wood f/p connected to the adorned dining area. Ornate staircase leads you to primary bedrm w/ vaulted ceilings & walk-in-closet, plus two more bedrms up each w/ lots of storage. Lower level hosts laundry, potential for xtra bathroom, rec room & a cozy 1 bedroom suite! Backyard has a nice green lawn, external storage, garage and carport with lane access. Location can’t be beat! Quiet street, family-friendly and just a few blocks away from all the cool bars, shops and restaurants of Cambie Village & Main St! Come see!
Read full post

I have listed a new property at 211 2508 FRASER ST in Vancouver.
Brand new south facing (quiet side of building) suite at Midtown Central. Amazing investment property. A quick walk through beautiful tree-lined streets to farmers markets, cafes, restaurants, and more. Enjoy the sun at Sahalli park and the easy commute downtown. Includes modern streamlined kitchen and bright open space. South facing deck with gas hook-up. In-suite laundry. Parking, storage locker and bike locker included. Pets (max 65lbs) and rentals (30+ days min) allowed. GST was paid.
Read full post

I have listed a new property at 3120 YEW ST in Vancouver.
This stunning 6 year old 2 level 1/2 duplex in Kitsilano is an entertainer’s dream. Located on the open side of a corner lot with tons of natural light, one of the best floor plans I’ve seen, in a charming character style. Open main floor with gourmet kitchen, including thermador appliances and large kitchen island, grand dining area with French doors to the yard, large living area, plus a massive family room, and powder room. Upstairs you’ll find the primary bedroom with walk-in closet and 5 piece bathroom with steam shower, two additional bedrooms, a 2nd full bathroom, and proper laundry room. Sunny south facing fenced yard with gas hook-ups and a large North facing porch off the family room. Private garage, with electric charger in place, plus a 1000sqft crawl space. Air conditioning.
Read full post

I have listed a new property at 33 19TH AVE W in Vancouver.
Big 5 legal suite property on a 33’ x 122’ lot in the prime Cambie/Main area on a quiet street, only 3 blocks to Main St. 3278 sq ft building over 4 levels, including a 1026 sq ft unfinished basement with high ceilings. The house offers 3 (1 bedroom) suites and 2 (bachelor) suites. Shared coin-operated washer and dryer. Large rear yard with open parking. Total income $61,140/year. All viewings by appointment: Wednesday (June 9th) from 4:30-5:30 & Sunday (June 13th) from 10:30-11:30.
Read full post

I have listed a new property at 356 40TH AVE E in Vancouver.
Lovely family home just off MAIN on a tree lined street with sunny south facing back yard. This solid home boasts many upgrades in the last 10 years such as roof, furnace, HW tank, bathrooms, painting, kitchen, washer/dryer. The main floor, with its beautiful original hardwood floors, has an open concept plan with spacious living/dining and kitchen with bar, S/S appliances and granite counter. Three bedrooms, 5 piece bathroom and back door mudroom complete this first level. Below is full family room, laundry and storage, and 2 bedroom/2 bathroom suite with separate laundry and entrance. Enjoy BBQs on the large back deck and plan your veggie garden and new garage for this deep 125 foot property!
Read full post

I have listed a new property at 1202 1255 MAIN ST in Vancouver.
Welcome to this wonderful 2 bed 2 bath plus Sunroom sky-home perched on the 12th floor of Station Place built by award-winning developer Bosa. Plenty of updates in this repiped building. Beautiful and bright open concept living/dining room with floor to ceiling windows, beautiful high end laminate floors, gas fireplace. An updated kitchen with sophisticated white cabinets, stone countertops, undermount sink, s/s appliances, and a Butchers Block entertaining island perfect for gatherings. This spacious home has breathtaking mountain and city views, a peek a boo view of False Creek, the sunroom is the perfect place to work from home or sit and read a book while glancing at the stunning views. Building amenities include fitness centre, sauna room and hot tub. Step to Olympic Village, the Sea wall, parks and restaurants. One locker and one parking included. Showing by appointment only,
Read full post

I have listed a new property at 1202 1255 MAIN ST in Vancouver.
Welcome to this wonderful 2 bed 2 bath plus Sunroom sky-home perched on the 12th floor of Station Place built by award-winning developer Bosa. Beautiful and bright open concept living/dining room with floor to ceiling windows, beautiful high end laminate floors, gas fireplace. An updated kitchen with sophisticated white cabinets, stone countertops, undermount sink, s/s appliances, and a Butchers Block entertaining island perfect for gatherings. This spacious home has breathtaking mountain and city views, a peek a boo view of False Creek, the sunroom is the perfect place to work from home or sit and read a book while glancing at the stunning views. Building amenities include fitness centre, sauna room and hot tub. Step to Olympic Village, the Sea wall, parks and restaurants. One locker and one parking included. Showing by appointment only
Read full post

I have listed a new property at 303 1424 MARTIN ST in White Rock.
Welcome to a fantastic home at the Patrician Building, close to the beach and all the shops! This 2 bedroom, 2 bathroom corner end unit sits on the 3rd floor offering a ton of natural light. The stainless steel appliance package, a stunning fully renovated kitchen, and renovated bathrooms has all the comforts and features to enjoy your home. Other lovely feature are it being super spacious, walk in dream closet, loads of storage space, walk in laundry room, a fantastic west facing solarium for those beautiful sunset days. Generous sized Bedrooms. Breath-taking Roof top patio with ocean view. Steps away from everything in Sunny White Rock. This is your perfect home for anyone ! showing by appointment only.
Read full post


While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last?


When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a period of unprecedented growth in the Canadian residential real estate market, which currently accounts for a record-setting 9% of the country’s overall economic output.1


Now, as the spring market approaches, you may be wondering whether the good times can continue to roll on. If you’re a homeowner, should you take advantage of this opportunity by putting your home on the market? If you’re a buyer, should you jump in and risk paying too much? Below we answer some of your most pressing questions.


Why are home prices rising during an economic downturn?


At the beginning of the pandemic, fears of an economic recession were top of mind for homeowners all across the country. Overall, credit product origination declined across a variety of sectors, including car loans and credit cards, and government forbearance programs were put into place to cushion the blow of anticipated economic hardships. However, strong demand —coupled with ultra-low inventory and interest rates—caused real estate prices to continue to rise. The national average resale price soared 17% during 2020, and mortgage originations showed year-over-year growth of almost 30% on the strength of renewals and refinancing in response to record-low interest rates.1,2


According to the Bloomberg-Nanos Consumer Confidence Index, confidence in Canada’s real estate industry reached its highest level on record during the thick of the pandemic.3  Montreal Chief Economist Douglas Porter attributes much of the ongoing strength of Canada’s real estate market to a simple matter of consumer choice and priorities while noting that the downside of the resulting rise in home values is increasing consumer debt.1


Are we facing a real estate bubble?


A real estate bubble can occur when there is a rapid and unjustified increase in housing prices, often triggered by speculation from investors. Because the bubble is (in a sense) filled with “hot air,” it pops—and a swift drop in value occurs. This leads to reduced equity or, in some cases, negative equity conditions.


By contrast, the current rise in home prices is based on the predictable results of historically low-interest rates and widespread low inventory. Basically, the principle of supply and demand is working just as it’s supposed to do.

Effects of low-interest rates

The Bank of Canada projects continuing low-interest rates until sometime in 2023, aiding in economic recovery and increasing affordability.4 This helps offset the effects of high home costs even in markets where real estate might otherwise be considered overpriced. These low-interest rates should keep the market lively and moving forward for the foreseeable future.

Effects of low inventory

Continuing low inventory is the primary reason for higher-than-average home prices in many markets.5 This should gradually ease as an aggressive vaccination rollout and continuing buyer demand drive more homeowners to move forward with long-delayed sales plans and as new home construction ramps up to meet demand.6


Aren’t some markets and sectors looking particularly weak?


One of the big stories of 2020 was a mass exodus from attached home communities and high-priced urban markets as both young professionals and families fled to the larger square footage and wide-open spaces of suburban and rural markets. This trend was reinforced by work from home policies that became permanent at some of the country’s biggest companies.


Not surprisingly then, one of the hardest-hit sectors of the residential real estate market has been the rental market, especially in population-dense metropolitan areas. The rise in vacancies has been fueled by several factors, including less international migration, fewer student renters, and less tourist demand for short-term rentals.7


Interestingly, landlords have not responded to these vacancies with lower rental rates, which have actually risen nationally. Instead, most have used incentives like lower deposit fees, free utilities, and move-in bonuses to attract renters. This suggests that most property owners expect demand to return to normal quite quickly as the vaccine rollout begins to take effect.7


Some analysts predict a decline in the Canadian housing market at large due to the impending end of government emergency measures and lender deferrals. However, others point to the increased demand for homes in smaller markets and lower-density areas outside of the country’s urban centres as an optimistic indicator, especially since these distant suburban and rural enclaves don’t normally benefit from increases in home values or an influx of new investment.8 As many of these new residents set up housekeeping in their rural retreats, they’ll revitalize the economies of their adopted communities for years to come.


According to Susan Hosterman, a senior director at Fitch Ratings, another strength that may help to alleviate the effect of financial pressures brought about by the ending of emergency measures is the relationship lenders in Canada have with their borrowers. Canadian lenders tend to be proactive in offering modifications to make loans more affordable for struggling homeowners.8


How has COVID affected the “seasonal” real estate market?


Frequently, the real estate market is seen as a seasonal phenomenon. However, the widespread shutdowns in March 2020, coming right at the beginning of the market’s growth cycle in many areas, has led to a protracted, seemingly endless “hot spring market.”


The Canadian Real Estate Association (CREA) revised its 2021 Market Forecast based on more robust than usual figures for the second half of 2020. The new projection anticipates improvements even over 2020’s record-setting market figures, with potential sales limited only by the availability of inventory in most markets.9 Thus, we could be looking at another longer-than-usual, white-hot real estate market.


What’s next for the Canadian real estate market?


Projections vary widely, with some economists predicting a market correction and others predicting continuing strong growth. Overall, low inventory and lack of affordability appear to be the more negative factors applying downward pressures on the market, while pent-up demand and a return to normal employment and income levels, along with anticipated higher-than-average growth in the economy, point to ongoing good news in the sector.10


According to most indicators, the real estate news looks overwhelmingly positive throughout the rest of 2021—and possibly beyond. Pent-up demand and consumer-driven policies, along with a continued low-interest-rate environment and rising inventory, should help homeowners hold on to their increased equity without throwing the market out of balance. In addition, the increase in long-term work-from-home policies promises to give a boost to a wide variety of markets, both now and in the years to come. 


STILL HAVE QUESTIONS? WE HAVE ANSWERS
 
While economic indicators and trends are national, real estate is local. We’re here to answer your questions and help you understand what’s happening in your neighbourhood. Reach out to learn how these larger movements affect our local market and your home’s value.



Sources:

  1. Huffington Post -
    https://www.huffingtonpost.ca/entry/house-prices-canada-bmo_ca_600c7a98c5b6d64153ac675b
  2. Global Newswire -
    https://www.globenewswire.com/news-release/2020/08/18/2079742/0/en/COVID-19-Pandemic-Drives-a-Decline-in-the-Use-of-Credit-as-Canadian-Consumers-and-Lenders-Brace-for-Uncertainty.html
  3. Weekly Bloomberg Nanos Canadian Confidence Index -
    https://www.nanos.co/wp-content/uploads/2021/01/2021-01-08-Bloomberg-Weekly-Report-with-Tabs.pdf
  4. Bank of Canada -
    https://www.bankofcanada.ca/2021/01/fad-press-release-2021-01-20/
  5. Toronto Star -
    https://www.thestar.com/business/real_estate/2021/01/27/supply-of-new-homes-in-the-gta-dwindling-amidst-sales-boom.html
  6. Bank of Canada Monetary Policy Report -
    https://www.bankofcanada.ca/wp-content/uploads/2021/01/mpr-2021-01-20.pdf
  7. CTV News -
    https://www.ctvnews.ca/business/cmhc-rental-vacancies-prices-edged-up-as-covid-19-spread-across-canada-1.5286012
  8. Huffington Post -
    https://www.huffingtonpost.ca/entry/housing-forecast-canada-2021_ca_5fec942cc5b64e4421082979
  9. Canadian Real Estate Association -
    https://www.crea.ca/news/crea-updates-resale-housing-market-forecast-7/
  10. Canadian Mortgage Trends -
    https://www.canadianmortgagetrends.com/2021/01/canadas-energizer-bunny-housing-market-2021-forecasts/
Read full post


Homebuyers, is this the year you work to improve your credit score, pay down some debt, or save for a down payment?


Home sellers, we’ve laid out plans for you to get top dollar for your property, including timing your home sale, making your property stand out from the crowd, and investing in your extra living space.


And even if you’re staying put for a while, homeowners, you can resolve to improve your status quo by evaluating your home budget, finalizing your home maintenance schedule, or maybe investing in a second property.


So no matter your homeownership status, we’ve got some ideas and advice for you to make this year your best one yet. Read on to learn more.


HOME BUYERS


Resolution #1: Qualify for a better mortgage with a higher credit score.


Your credit report highlights your current debt, bill-paying history, and other key financial information. Importantly for your home-buying journey, it is also used by lenders and companies to calculate your credit score, which partly determines if you are qualified to obtain a mortgage. Therefore, before you start house-hunting, make sure your finances are in the best possible shape by checking your credit report and credit score, available directly from Equifax and TransUnion.1


Your credit score will be a number ranging from 300-900. Generally speaking, a credit score of 725 or higher is considered very good to excellent.2 If your score drops below 725, you might need to work at boosting your score for a few months before you begin house-hunting. Ways to do this are to pay your bills on time every month, keep your credit card balances low, and avoid applying for new credit.3

 

Resolution #2: Improve your credit health by paying down debt


Do you have student loans, credit card debt, or car payments tying up your income each month? That debt is hurting your “buying power,” or the amount of home you can afford. Not only is it money that you can't spend on your new home, but your debt-to-income ratio also affects your credit score, which we discussed above. The less debt you have, the higher your score and the better mortgage you can obtain.


If you can, pay off some debt in its entiretylike a low balance on a credit card. Then apply that "extra" money you previously paid on that credit card to pay off bigger debt, like a car loan. Even if you can’t pay off all (or any) of your debt in full, reducing the balances of each account will help you qualify for the best possible mortgage terms.


Resolution #3: Create a financial safety net before applying for a mortgage.


Don’t forget that buying a home requires some cash as well. The down payment depends on the home’s price, but the minimum is 5% for a purchase price of under $500,000, and closing costs range from 2-3%.4,5 You’ll also need money for moving expenses and any initial maintenance tasks that might pop up. And as the pandemic taught us, you never know when an unforeseen event might cause a job loss, drop in income, or health care, so having some liquid savings will ensure that you can still pay your mortgage if a crisis occurs.


Dedicate some effort to building up your reserves. Cut down on unnecessary expenses and consider having a portion of each paycheck automatically deposited into your savings account to avoid the temptation to spend it.


HOME SELLERS

 

Resolution #4: Decide on the right time to sell your home.


In a typical year, spring is when home sales spike in Canada. This might be the best time to take advantage of the price increase predicted by the Canadian Real Estate Association, which says, “The national average price is forecast to rise by 9.1% in 2021 to $620,400.”6


But sales price isn’t the only thing to consider. You might not be ready to sell your home yet because you don't want to uproot your kids during the school year or because you need to tackle some minor upgrades before placing your home on the market.


This means that there is no one month or season that is the perfect time to sell your home. Instead, the right timeline for you takes into account factors such as when you’ll earn the highest profit, personal convenience, and whether your home is even ready to put on the market. A trusted real estate professional can talk you through your specific needs to clarify when to sell your home.


Resolution #5: Boost your home’s resale value by making your property shine.


Housing inventory is at historic lows across the country, and that means the market is fiercely competitive.7 Selling your home in 2021 has the potential to net you a huge return right now, and you can maximize that amount with some simple fixes to make sure your property outshines your neighbors’ for sale down the street.


In your home, you might need to tackle a minor remodeling project, such as upgrading the flooring or adding a fresh coat of paint. According to one remodeling impact report, simply refinishing existing hardwood floors recoups 100% of the cost at resale, and completely replacing it with new wood flooring recovers 106% of costs.8


Outside, you might consider improving your curb appeal by removing a dead bush, trimming a tree that blocks the front window, or power-washing your moldy driveway and sidewalks. In fact, real estate agents say cleaning the exterior of your house can add $10,000 to $15,000 to a home’s sale price.9 And improving a home’s landscaping may increase its value by 15 to 25%.10


A good agent should provide custom-tailored suggestions to ensure your property pops inside and out. Ask us about our local insider secrets that will make your home stand out from others on the market.


Resolution #6: Invest in your “extra” living space to meet current buyers’ needs.


Due to COVID-19, more people are staying at home to work, go to school, exercise, and stay entertained. And these lifestyle changes are showing up in home buyer preferences. For example, according to one study, buyers are looking more and more for homes with formal, outfitted home offices, private outdoor spaces, and updated kitchen appliances.11


So if you’ve got an underutilized room, consider turning it into an office, home gym, schoolroom, or multi-purpose room to meet current home buyer needs and attract better offers on your home. Got some underwhelming space outside? You could turn it into an outdoor entertainment area by adding a firepit, upgrading the patio furniture, or installing a grilling area. Be sure to consult with a local real estate professional before investing in a renovation, however, as each market’s buyers have different tastes.


HOMEOWNERS


Resolution #7: Evaluate your household budget to reflect financial changes.


After this past year, in particular, your financial picture may have changed. Maybe you were furloughed, had your hours reduced, or got a new job further from home. Perhaps you’ve kept the same job, but you’re now working remotely. A work-from-home arrangement could mean less money spent on gas, tolls, a professional wardrobe, and dining out for lunch.


But this could also mean new (or increased) expenses now that you’re working at home, such as new tech-related purchases, faster Wi-Fi, and higher energy bills. January marks the perfect opportunity to update your income and expenses and review last year’s spending habits, tweaking as needed for 2021.


For more specific ideas, contact us for our free report "20 Ways to Save Money and Stretch Your Household Budget."


Resolution #8: Save money now (and earn more later) with a home maintenance plan.


Having a schedule of regular home maintenance projects to tackle will save you money now and in the long-term. You’ll avoid some surprise “emergency fixes,” and when you’re ready to eventually sell your home, you’ll get higher offers from buyers who aren’t put off by overdue repairs.


Even if nothing necessarily needs fixing right now, you can lower your energy costs by maintaining and upgrading your home. For example, consider upgrading some features to ENERGY STAR high-efficiency products. You could save 10% in energy costs if you switch out your gas broiler, and up to 45% if you change your windows!12,13

 

For a breakdown of home maintenance projects to tackle throughout the year, contact us for our free report “House Care Calendar: A Seasonal Guide to Maintaining Your Home.”


Resolution #9: Invest in real estate for a better standard of living.


Even if you don’t plan on leaving your current residence, real estate is a great way to improve your quality of life in 2021.


Have cabin fever from the long quarantine? Vacation home in a getaway location you love lets you safely spread your wings. And if you have been looking for a second stream of income, an investment property might be your answer. Just be sure to consult with a real estate professional to get a realistic sense of a property’s true income potential.


Want more information on how a second property fits into your 2021 plans? Request our free report, "Move Up vs Second Home: Which One Is Right For You?"

 

LET US HELP YOU WITH YOUR 2021 GOALS

Without a plan and a support system, 73% of Canadians will break their new year’s resolutions.14 Whether you’re looking to buy, sell, or stay put in your home, it helps to connect with a trusted real estate agent to keep you motivated and on track.


As local market experts, we have the knowledge, experience, and networks to help you achieve your homeownership goals, whatever they may be. Reach out to us today for a free consultation and commit to a happy and prosperous new year.




Sources:

  1. Government of Canada -
    https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score/order-credit-report.html
  2. Equifax -
    https://www.consumer.equifax.ca/personal/education/credit-score/what-is-a-good-credit-score/
  3. Government of Canada -
    https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score/improve-credit-score.html
  4. RateShop -
    https://www.rateshop.ca/page-minimum-down-payment-in-canada 
  5. Bank of Montreal -
    https://www.bmo.com/main/personal/mortgages/closing-costs/
  6. Canadian Real Estate Association -
    https://www.crea.ca/housing-market-stats/quarterly-forecasts/
  7. Canadian Mortgage Trends -
    https://www.canadianmortgagetrends.com/2020/12/tight-market-conditions-keep-home-sales-and-prices-at-historical-highs/
  8. National Association of Realtors -
    https://www.nar.realtor/sites/default/files/documents/2019-remodeling-impact-10-03-2019.pdf
  9. House Logic -
    https://www.houselogic.com/save-money-add-value/add-value-to-your-home/adding-curb-appeal-value-to-home/
  10. Ottawa Citizen -
    https://ottawacitizen.com/life/homes/landscape-tips-to-increase-your-homes-value
  11. HomeLight -
    https://www.homelight.com/blog/top-agent-insights-for-q2-2020/
  12. Government of Canada -
    https://www.nrcan.gc.ca/energy-efficiency/spotlight-energy-efficiency/2020/10/21/23081
  13. Government of Canada -
    https://www.nrcan.gc.ca/energy-efficiency/spotlight-energy-efficiency/2020/11/26/winter-coming-top-tips-heat-your-home-less/23141
  14. Ipsos - https://www.ipsos.com/en-ca/three-ten-31-canadians-will-set-new-years-resolution-yet-three-quarters-73-eventually-break-them
Read full post


We’ve all spent a lot more time at home over the past year. And for many of us, our homes have become our office, our classroom, our gym—and most importantly, our safe haven during times of uncertainty. So it’s no surprise to see that design trends for 2021 revolve around soothing colour palettes, cozy character, and quiet retreats.


Even if you don’t have immediate plans to buy or sell your home, we advise our clients to be mindful of modern design preferences when planning a remodel or even redecorating. Over-personalized or unpopular renovations could lower your property’s value. And selecting out-of-style fixtures and finishes could cause your home to feel dated quickly.


To help inspire your design projects this year, we’ve rounded up five of the hottest trends.  Keep in mind, not all of these will work well in every house. If you plan to buy or list your property, give us a call. We can help you realize your vision and maximize the impact of your investment.


Uplifting Colours


Colours are gravitating toward warm and happy shades that convey a sense of coziness, comfort, and wellbeing. This year’s palettes draw from earthy hues, warm neutrals, and soothing blues and greens.1


While white and grey are still safe options, expect to see alternative neutrals become increasingly popular choices for walls, cabinets, and furnishings in 2021. For a fresh and sophisticated look, try one of these 2021 paint colours of the year:

  • Aegean Teal (coastal blue) by Benjamin Moore
  • Urbane Bronze (brownish-grey) by Sherwin-Williams
  • Soft Candlelight (muted yellow) by Valspar

On the opposite end of the spectrum, indigo, ruby, sapphire and plum are showing up on everything from fireplace mantels and floating shelves to fabrics and home accessories. These classics, rich hues can help bring warmth, depth, and a touch of luxury to your living space.


To incorporate these colours, designers recommend using the “60-30-10 Rule.” Basically, choose a dominant colour to cover 60% of your room. For example, your walls, rugs, and sofa might all be varying shades of beige or grey. Then layer in a secondary colour for 30% of the room. This might include draperies and accent furniture. Finally, select an accent colour for 10% of your room, which can be showcased through artwork and accessories.2



Curated Collections


After a decade of minimalism, there’s been a shift towards highly-decorative and personalized interiors that incorporate more colour, texture, and character. Clearly-defined styles (e.g., mid-century modern, industrial, modern farmhouse) are being replaced by a curated look, with furnishings, fixtures, and accessories that appear to have been collected over time.3


This trend has extended to the kitchen, where the atmosphere has become as important as functionality. The ubiquitous all-white kitchen is fading in popularity as homeowners opt for unique touches that help individualize their space. If you’re planning a kitchen remodel, consider mixing in other neutrals—like grey, black, and light wood—for a more custom, pieced-together look. And instead of a subway tile backsplash, check out zellige tile (i.e., handmade, square Moroccan tiles) for a modern alternative with old-world flair.4



Reimagined Living Spaces


The pandemic forced many of us to rethink our home design. From multipurpose rooms to converted closets to backyard cottages, we’ve had to find creative ways to manage virtual meetings and school. And designers expect these changes to impact the way we live and work for years to come.


For example, some home builders are predicting the end of open-concept floor plans as we know them.5 Instead, buyers are searching for cozier spaces with more separation and privacy. Cue the return of walls and, in some cases, alcoves and sliding partitions that enable homeowners to section off rooms as needed.6


The necessity of a home office space is also here to stay. But what if you don’t have a dedicated room? Alternative workspaces have become increasingly popular. In fact, one of the biggest trends on Pinterest this year is the “cloffice”—essentially a spare closet turned home office. Searches for “home library design” and “bookshelf room divider” are on the rise, as well.7



Staycation-Worthy Retreats


With travel options limited right now, more homeowners are turning their vacation budgets into staycation budgets.8 Essentially, recreate the resort experience at home—and enjoy it 365 days a year!


Bedrooms should provide a soothing sanctuary for rest and relaxation. But this year, minimalist decor and muted colours are giving way to bolder statement pieces.3 To create a “boutique hotel” look in your own bedroom, start with a large, upholstered headboard in a rich colour or pattern. Layer on organic linen bedding and a chunky wool throw, then complete the look with a pair of matching bedside wall lights.9


Carry those vacation-vibes into your bathroom with some of the top luxury upgrades for 2021. Try a large, zero-entry shower for two, a floating vanity with hand-free faucets, or a radiant-heated floor for the ultimate spa-like experience.10



Outdoor Upgrades


From exercise to gardening to safer options for entertaining, the pandemic has led homeowners to utilize their outdoor spaces more than ever. In fact, backyard swimming pool sales skyrocketed in 2020, with many installers reporting unprecedented demand.11 But a new pool isn’t the only way homeowners can elevate their outdoor area this year.

 

Composite decks have become a favourite upgrade for their low-maintenance and durability. And in 2021, creative design elements are on the rise, including unique inlays, wider planks, and multiple deck board colours. Add stair or bistro lights for a touch of ambience while enhancing safety and visibility.8



DESIGNED TO SELL


Are you contemplating a remodel? Want to find out how upgrades could impact the value of your home? Buyer preferences vary greatly by neighbourhood and price range. We can share our insights and offer tips on how to maximize the return on your investment. And if you’re in the market to sell, we can run a Comparative Market Analysis on your home to find out how it compares to others in the area. Contact us to schedule a free consultation!

 

Sources:

1.     HGTV Canada –
https://www.hgtv.ca/decorating/photos/home-design-trends-for-2021-1942419/#

2.     The Spruce –

https://www.thespruce.com/timeless-color-rule-797859

3.     The Kit -
https://thekit.ca/life/home/home-decor-trends-2021-inspiration/

4.     Houzz –

https://www.houzz.com/magazine/36-home-design-trends-ready-for-takeoff-in-2021-stsetivw-vs~142229851

5.     Zillow -
https://www.prnewswire.com/news-releases/the-end-of-open-floor-plans-how-homes-will-look-different-after-coronavirus-301080662.html

6.     HGTV Canada -
https://www.hgtv.ca/shows/family-home-overhaul/photos/the-top-design-trends-for-2021-according-to-hgtv-canada-design-experts-1943092/#currentSlide=5

7.     Pinterest -
https://business.pinterest.com/content/pinterest-predicts/more-door/

8.     Canadian Contractor -
https://www.canadiancontractor.ca/buildwire/decking-trends-for-2021/

9.     Homes & Gardens –
https://www.homesandgardens.com/spaces/decorating/bedroom-trends-224944

10.   Canadian Interiors -
https://www.canadianinteriors.com/2020/11/26/top-trends-to-impact-kitchen-and-bathroom-design-over-the-next-three-years-nkba/

11.   CTV News -
https://toronto.ctvnews.ca/backyard-pool-sales-surge-during-the-covid-19-pandemic-1.4957596

Read full post

I have listed a new property at 7 939 7TH AVE W in Vancouver.
Townhome living never looked so good! This freshly updated suite is beautiful, offers city & mountain views, a versatile floor plan, tons of storage (huge crawl space) and is part of a great complex located on one of the best streets in Fairview. Cook in the upgraded kitchen while guests relax at the breakfast bar, sit on your couch and take in the views or get cozy next to the fireplace. The main level is bright, offers an open concept floor plan, a bedroom or office and access to South patio. Lower level features master bedroom, 2 bathrooms, including 1 that's been beautifully upgraded with heated flooring. Many updates throughout: luxury vinyl plank flooring, in floor heat on upper level, fireplace mantle, nearly whole kitchen, paint, blinds, lower bathroom. Buy with confidence in this fully rainscreened building steps to the Laurel Land Bridge, Charleston Park, Seawall and Granville Island. Located on a bike routed quite cul-de-sac street. 1 parking, pet friendly.
Read full post

I have listed a new property at 5583 LABURNUM ST in Vancouver.
Beautiful classic Shaughnessy home on a large lovingly manicured, quiet 10,164 sqft lot. This extremely well maintained and cared for home has had many updates over the years and features all of its original character. Inlay hardwood floors throughout the main floor, wood burning fireplaces in the living and dining rooms as well as 4 large bedrooms up are just some of the many wonderful features. A private west facing backyard perfect for those warm summer days and a gardeners delight. Located close to transit and fantastic amenities as well as Point Grey High School and Quilchena Elementary. This home represents exceptional value for the area and is a pleasure to show. 1st showings by appointment Thur, Feb 4 from 4-6pm & Sat, Feb 6 from 2-4pm. COVID-19 responsible.
Read full post

I have listed a new property at 403 2768 CRANBERRY DR in Vancouver.
Welcome to the Zydeco - a beautiful top floor penthouse unit within walking distance to the best private and public schools, parks, shopping, fine dining & all that Kitsilano has to offer! Large west facing deck with almost 200 sqft makes it the perfect place for BBQ's, entertaining, and lounging. This unit features bright and spacious 2 bedrooms, 1 bathroom & a practical open concept kitchen/dining/living room. You will find all the conveniences with this unit; in-suite washer/dryer, built-in wine cooler, Bosch dishwasher, skylight, 2 secured underground parking stalls, bike-room, and large storage locker. This move-in ready unit must be seen in person, call today for your private viewing.
Read full post
Categories:   1 bedroom | 1 bedroom and den | 1 bedroom condo | 1 bedroom in Kits | 1 bedroom plus den | 100 walk score | 1950s home | 1st time home buyers | 2 bed 2 bath condo | 2 bedroom and den | 2 bedroom condo | 2012 ANNOUNCEMENT ON MEASURES TO SUPPORT THE LONG-TERM STABILITY OF CANADA’S HOUSING MARKET | 2bed, 2bath townhome | 3 bedroom home | 5 bedroom home | agent advantage | Ambleside, West Vancouver Real Estate | americans buying in Vancouver | apartment | August 2012 Housing Market Update | b.c. | BC | beach condos | Beaty Biodiversity Museum | Become a member | best deal possible | best realtor in | best realtor in vancouver | boundry | Brentwood Park, Burnaby North Real Estate | Brick wall | bright condo | Britannia Beach, Squamish Real Estate | brownstone | Burke Mountain, Coquitlam Real Estate | burnaby | burrard | buy a home | buy home | buy real estate | buyer | buyer demand | buying a home | Buying a presale condo | buying homes | buying house | buying mistakes | Calverhall, North Vancouver Real Estate | Cambie | Cambie, Vancouver West Real Estate | canadian real estate | care and service | cash flow property | cash offers | Central BN, Burnaby North Real Estate | Central Lonsdale, North Vancouver Real Estate | centre of vancouver | character | character apartment | character home | Chris ball | city views | click here to sign up | Close to beach | close to community centre | close to parks | close to water | CMHC rules | cnadian realestate | Coal Harbour, Vancouver West Real Estate | Commercial drive | community feeling neighbourhood | condo | condo assignment | condo deals | condo in | Condo in mt pleasant | Condo in Vancouver | condo sales | condos | condos for sale | Craftsman units | Crossroads | curb appeal | custom renovation | Cypress Park Estates, West Vancouver Real Estate | decks | decluttering | depersonalizing for a sale | desirable neighbourhood | Detach | detached | detached homes | detatched home | Developer and marketing temas | Developers and marketing teams | development | District building | double garage | Down | downsizing | downtown | Downtown NW, New Westminster Real Estate | downtown vancouver | downtown Vancouver real estate | Downtown VE, Vancouver East Real Estate | Downtown VW, Vancouver West Real Estate | Dunbar, Vancouver West Real Estate | duplex vancouver | duty of care and service | early access | East | east van | east vancouver homes | east vancouver house | East Vancouver real estate | Eastside 1/2 duplex | English Bay Views | excellent schools | Exclusive access | executive residence | Exposed beams | fairview | Fairview condo | fairview condos | Fairview Slopes | Fairview VW, Vancouver West Real Estate | false creek | False Creek, Vancouver West Real Estate | family home | family neighbourhood | Fantastic opputunity to own in Kitsilano | federal budget | find real estate | find real estate agents | finding a realtor | fins a realtor | first look | first time buyer | first time home buyer | first time home buyers | first time homebuyer | first time homebuyers | Fleetwood Tynehead, Surrey Real Estate | For Buyers, Southeast False Creek Presale Condos, Vancouver Condo Pre-Sales, 108 East 1st Avenue, Cressey Presale Condos, East 1 | for sale by developer | Fraser VE, Vancouver East Real Estate | fraserview | Fraserview VE, Vancouver East Real Estate | free activities for families | Free activities for teens | Free attractions | free fitness | free recreation | free vancouver activities | funky neighbourhood | furniture for selling home | garden | Garden City, Richmond Real Estate | garden home | garden level home | gastown condo | get access to new condos | GlenBrooke North, New Westminster Real Estate | Grandview VE, Vancouver East Real Estate | Grandview Woodland, Vancouver East Real Estate | great developer | great school catchment | Great views in Vancouver | Greater Vancouver | gross debt ratio | H.R. MacMillan Space Centre | half duplex for sale | Hamilton, North Vancouver Real Estate | Hastings East, Vancouver East Real Estate | Hastings, Vancouver East Real Estate | heart of yaletown | home buyer | home buying | home for sale | homes | homes for sale | homes in mount pleasant | Homes sold | Hot market | hot real estate market | hottest neighbourhood | house for sale | house for sale in mount pleasant | house in Mount Pleasant | house of the week | house priced to sell | houses | Houses for sale | how to find a real estate agent | How to sell your home | income property | Income suite | income suite in Vancouver | inside track | insider access | insiders advantage | inves | invest | investment | investment oppurtunity | investment property | investor | investor alert | Jim Flaherty rules | just sold | Kerrisdale | kits | Kits Beach Condo | Kits Beach Condotype a label and press enter | kitsilano condos | Kitsilano real estate | Kitsilano, Vancouver West Real Estate | Knight, Vancouver East Real Estate | knowledge | landscaping for value | large condo | large home | large lot | life | Lifestyle | list of real estate agents | listed in Mount pleasant | listings | loan-to-value | Local amenities | Loft | loft building | lofts vancouver | Lower Lonsdale, North Vancouver Real Estate | luxury condos | luxury development | luxury home | main | Main house | Main street | main street condo | Main, Vancouver East Real Estate | Market update | massive closet | McLennan North, Richmond Real Estate | measures | million dollar homes | ministry of finance | mistake when buying a home | mls real estate listings | mortgage broker | mortgage down payment rules | mortgage helper | mortgage professional | mortgage rules | Mortgages interest rates are rising | mount | Mount PLeasant | Mount Pleasant condos | mount pleasant homes | Mount Pleasant real estate | mount pleasant showings | Mount Pleasant VE, Vancouver East Real Estate | Mount Pleasant VW, Vancouver West Real Estate | mountain | mountain views | Mt pleasant | Mt. Pleasant | multiple offers | Museum of Vancouver | new condos | new condos in vancouver | new developments | new home | new homes | New listings | New West | new westminster | Nitobe Memorial Garden | Nordel, N. Delta Real Estate | oak floors | oasis in West End | Olympic Village | on the ball real estate | one bedroom suite | open house | open house downtown | open house in mount pleasant | open house kits | Open house mount pleasant | open house vancouver | open house yaletown | open houses mount pleasant | Open Spaces | painting for value | park views | patio | penthouse | Perfect for small family | pet friendly | Point Grey, Vancouver West Real Estate | pre sale | pre-approved mortgage | Pre-construction | Pre-construction condos | Premium executive suite | preparing your home for sale | presale | presale clients | presale condo | presale condos | Presale development | Presale early access | Presale information | presale vancouver | presales | Presales member | presales members service | presales vancouver | prince edward | priority sales | private patio | property transfer tax | proven results | public for sale | queen elizabeth park | Quilchena, Vancouver West Real Estate | real estate | real estate and economy | Real estate Board | Real estate deal | real estate investing | real estate investme | real estate investment | real estate listing mls | real estate listings | real estate market | real estate mount pleasant | real estate questions | Real estate vancouver | Real estate video | realestate | realtor | realtors | Renfrew VE, Vancouver East Real Estate | renovated | Rental income | reviews of real estate agents | richmond | richmond houses | Richmond Real Estate | Roedde House Museum | Rooftop patio | sa | Sapperton, New Westminster Real Estate | Saunders, Richmond Real Estate | school catchment | Science World | seawall | sell | sellers | sellers market | Selling real estate | Shaughnessy, Vancouver West Real Estate | shopping | showing vancouver | sign up | sky scraper | sneak peak | sold | Sold at 933 Seymour | Solid building | SOMA | Soma Lofts | South Arm, Richmond Real Estate | south facing | south facing yard | South Granville, Vancouver West Real Estate | South Main | South Slope, Burnaby South Real Estate | south west facing | Southlands, Vancouver West Real Estate | spacious | squamish | Steps to everything | Steveston South, Richmond Real Estate | Strathcona homes | Strathcona real estate | Strathcona, Vancouver East Real Estate | studio condo | stunning home | stunning renovation | sub penthouse | suite | tax | the spot | top floor | top realtor | tour model homes | townhomes | townhouse | transit | transportation | tree lined streets | trendy mount pleasant | Trout Lake home | trust | trust worthy realtor | trustworthy realtor | UBC Botanical Garden | UBC Museum of Anthropology | up sizing homes | upgraded home | upper level | Uptown NW, New Westminster Real Estate | v | vacouver | vancouuver real estate | vancouver | Vancouver activities | Vancouver Aquarium | Vancouver Art Gallery | Vancouver attractions | Vancouver average price | Vancouver Bach Choir | Vancouver community events | Vancouver Condo | vancouver condo with views | vancouver condos | Vancouver development | vancouver ealesate | Vancouver fitness centres | vancouver home | vancouver home prices | Vancouver home sales | Vancouver homes | vancouver homes sales | Vancouver housing bubble | Vancouver ice rinks | Vancouver Inspiration Pass | Vancouver Maritime Museum | Vancouver market update | Vancouver new condos for sale | Vancouver Opera | Vancouver Park Board | Vancouver pitch and putt | Vancouver Police Museum | Vancouver presales | Vancouver Public Library | vancouver re | vancouver real | vancouver real estate | vancouver real estate statistics | Vancouver Real estate update | vancouver reale state | Vancouver realtor | vancouver sales | Vancouver swimming pools | Vancouver Symphony Orchestra | Vancouver townhome | Vancouver West Real Estate | Vancouver west side | vancouver westside real estate | VanDusen Botanical Garden | Victoria VE, Vancouver East Real Estate | view | views | vip | VIP Access | vip list | VIP Presale clients | VIP presales | VIP presales member | water views | waterfront | west end | west end vancouver | West End VW, Vancouver West Real Estate | westside condo | westside condos | westside real estate | Westside vancouver | White Rock, South Surrey White Rock Real Estate | why to use a realtor | wide streets | Yaletown | Yaletown Condo | Yaletown Real Estate | Yaletown, Vancouver West Real Estate | yard
Categories
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.