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Is it a good time to join the Comox Valley real estate market?

And just like that, summer is winding down. But what a great season it has been in the Comox Valley, both in terms of weather and the real estate market.

 

Well, the weather may be cooling but the market is just as hot as ever. So if you’re thinking it’s too late to list, think again!

 

People often have the mistaken impression that unless you list in spring, you’re missing the boat. But that’s not the case, and the numbers bear that out.

 

 

It’s still a seller’s market

According to the Vancouver Island Real Estate Board (VIREB), a continuing lack of inventory means houses are selling faster and for more money.

 

“Consumer demand is high, and buyers are snapping up well-priced properties quickly once they hit the market,” says Don McClintock, 2017 VIREB President-Elect. “Multiple offers are commonplace, which is frustrating for buyers and their agents. In fact, we’re now seeing multiple offers on condominiums and townhouses, which is virtually unprecedented for the VIREB area.”

 

In fact, the BC Real Estate Association notes that the supply of homes for sale in the province has dropped to its lowest level in over a decade.

 

These days, when it comes to listing there is no time like the present. It’s a seller’s market, so why not act now?

 

And if you are thinking of selling, make sure to get a copy of my seller’s guide. Offering useful tips on how to sell your home fast and get what it's really worth, just click here to download it.

 

No matter if you’re buying, selling or both, I can help you get the results that you are looking for. Get information on Comox Valley Real Estate by visiting my website or get in touch through my Facebook page.

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 These ideas will make trimming down and tightening up a snap!

 

Moving can be a bit of a trial, but going from a larger home to a “cozier” space makes it even more challenging. However, like so many aspects of moving, a little research and a plan can help make the change more manageable.

 

So, if you’re moving into a smaller dwelling, still getting used to your reduced space or thinking of making a move in the future, here are some ideas for organizing and/or downsizing that will ensure the transition to a smaller space proceeds smoothly for you.

 

#1. Start the process early (and often)

In a best-case scenario, you should start downsizing about three months before you plan to move. Devote some time to this every day – even 15 minutes of sorting and discarding photos or clothes can help things from becoming overwhelming.

 

#2. Make a list

Start with an idea of the things that are your must-haves and go from there. A list will keep things on track and in perspective. If an item isn’t useful, sentimentally valuable or unique in some way, it shouldn’t make the list.

 

#3. Get a second opinion

Sometimes the view from “outside” is clearer; call on a friend or family member to talk you into or out of keeping things. Often, having a conversation about an item or listing pros and cons brings clarity to a situation.

 

#4. Get a floor plan of your new location

Take measurements and think ahead. There’s nothing worse than finding out on moving day that the king-size bed means the bureau has to stay in the hallway!

 

#5. Get ruthless in the kitchen and the garage

These are two areas where stuff tends to accumulate. Do you really need five mixing bowls? How about that pasta maker that gets used as often as the Olympics come around? Maybe sell off some of your tools and just rent when a need arises. Or give things to friends with the proviso that you can use them every now and then – after all, power washers only come out once or twice a year.

 

#6. And while you’re being ruthless, hit your closet

If you haven’t worn something in the past year, it’s time to let it go . . . yes, even your “skinny clothes” for when you get back down to your ideal weight. Come up with a plan: 6 pairs of pants, 6 sweaters, 10 pairs of shoes, 5 skirts, and so on. Then, when you buy new clothes, choose one item to be donated or sent to consignment.

 

#7. Speaking of donations . . .

Try to organize with these three categories in mind: Keepers; Things to Sell; Things to Donate. Some places, like the Canadian Diabetes Association, will come and pick things up if you give them a call. Or look into local “freecycle” groups. When selling, craigslist and yard sales are a good way to go. Consider auctions for high-end items.

 

#8. Multifunction and space-saving furniture

If you’re thinking of buying any new furniture, try to find items that offer multifunctionality. Ottomans that also act as storage, couches that can fold out (especially helpful if you no longer have a guest room), beds with underneath storage options and drop-leaf tables are just some great options. Look on-line for more awesome ideas.  

 

#9. Think vertical

Utilize the space you have in your new smaller home by thinking vertically. Wall space tends to be underused so research shelving options and consider hanging more than one picture above the couch.

 

 

#10. Embrace storage options

Smaller living spaces tend to get cluttered easily, so look for ways to store things that works for you. Places like IKEA have plenty of suggestions.

 

 

For other ideas or more information on any part of living in and moving to the Comox Valley, please contact me, check out my website or visit my Facebook page. And before you list your home, don’t forget to have a look at my free Seller Guidebook!

 

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