I just sold this House at 10591 TREPASSEY DRIVE, Steveston North, Richmond, BC Steveston North.
Open House Feb 20th and 21st, 2:00 PM to 4:00 PM
B110 1331 Homer Street, Vancouver
This is an opportunity to visit this excellent Condo for sale in beautiful Yaletown.
We are proud to announce that this Saturday and Sunday Feb 20th and 21st, 2:00 PM to 4:00 PM we will be hosting an Open House at 1331 Homer Street in Pacific Point 1 in the Yaletown neighborhood, Vancouver.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Yaletown Condo for sale.
As always please do not hesitate to give me a call at 604.644.1044 if I can answer any questions before the open house, or if you would like to book a private showing.
REALTOR® RE/MAX WESTCOAST
|February 16, 2016|
BC Budget 2016
The BC government introduced its 2016 budget today. The budget included a number of items intended to affect affordability and availability in the Lower Mainland’s housing market.
Here’s a summary:
Property Transfer Tax (PTT)
• a New Housing exemption will apply to newly built homes or newly subdivided units priced up to $750,000, saving buyers up to $13,000; and
• a partial exemption will apply on newly built homes priced $750,000 to $800,000.
• a new 3% PTT rate will apply to the portion of a home sale that exceeds $2 million. For homes that sell for below $2 million, the PTT will continue to apply at a rate of 1% on the first $200,000 and 2% on the balance.
These changes will take effect on February 17, 2016.
“While we applaud the government’s efforts to improve affordability for home buyers purchasing new housing, there’s more work to be done, including indexing PTT thresholds to keep pace with changes in home prices over time,” Darcy McLeod, Board president said.
Starting this summer, individuals and corporations buying property must disclose if they are Canadian citizens or permanent residents of Canada and if neither, their home country. These changes will provide information on the volume of foreign investment in BC.
Home Owner Grant
The Home Owner Grant threshold will increase to $1.2 million from $1.1 million for the 2016 tax year.
The province will invest $355 million to help the BC Housing Management Commission support more than 2,000 affordable housing units for residents with low-to-moderate incomes.
Additional government resources:
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I just finished uploading this Condo for sale, B110 1331 Homer Street, Yaletown, Vancouver, BC
FULLY UPGRADED (2015) 3 bdrm, 2 full bath PLUS den overlooking the water at Pacific Point I – perfect for a growing family! Extensive renos done with permit. Beautiful open floor plan make entertaining a breeze! BRAND NEW full-sized kitchen features exceptional Caesarstone quartz counters, premium 36” Bosch induction cooktop & Fisher Paykel appl. Outdoor entrance off quiet courtyard makes for your own backyard. Includes 1 parking + more avail & oversized storage locker. Solid rainscreened building w/ warranty. Amenities include guest suite, billiards room, sauna, fitness center, courtyard & solarium! Rentals & pets welcome. Quiet part of Yaletown, steps to seawall, David Lam Park, Canada Line, Elementary school & Yaletown's boutique shops & restaurants. Don't miss this!
As always please do not hesitate to give me a call at 604.644.1044 for more information!
Alisa Sakamoto, Personal Real Estate Corporation
REALTOR® RE/MAX WESTCOAST
How the Wrong Pricing Strategy Can Cost You Thousands
As you’re probably aware, the list price you set for your property has an impact on how quickly it sells — and how much you earn on the sale.
What you may not realize is just how significant an impact it has. Consider the following examples.
You price your property well above its current market value. As a result, many buyers don’t bother to see it because it’s outside of their price range. Those who do see it are confused by the high price tag, (and may even be suspicious.) They may wonder, “What’s going on?”
In this scenario, the home will likely languish on the market for weeks or even months. You might even have to lower the price dramatically to reignite interest.
You price your property just a couple of percentage points lower than what is necessary to gain the interest of qualified buyers. That might not seem like much of a problem. How much can a couple of percentage points matter?
Those points matter a lot.
On a $400,000 property, pricing your home just 2% lower than necessary could cost you $8,000 on the sale. That’s a serious amount of money!
So, as you can see, pricing your home right is serious business. Fortunately, a good REALTOR knows how to set the right price.
Looking for a good REALTOR? Call me today --604.644.1044 Alisa Sakamoto
Home Buyer Competition Keeps Home Sellers in the Driver’s Seat