ACTIVE
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I have listed a new property at 24316 101A AVE in Maple Ridge.
Perfect starter home for the family or the downsizer! This 6 year old home starts with excellent curb appeal with its inviting front verandah. There is a detached double garage in the back & the home backs onto a lane & greenspace for ultimate privacy & has easy access to walking trails. Inside the home has many upgrades including hardwood floors, appliances, a new fireplace mantel & a finished basement complete with 4 piece bath, bedroom, a rec room and wired for sound (teenagers?) and a seperate entrance to the basement. The kitchen has an island and tons of cupboards and the open great room design is perfect for family get-togethers. Upstairs are three spacious bedrooms. Great lifestyle, walk to elementary school - come see it!
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Please visit our Open House at 19632 PARK RD in Pitt Meadows.
Open House on Sunday, August 26, 2012 1:00 pm - 4:00 pm
Welcome to this meticulously maintained three level split on a cul-de-sac in Somerset subdivision. Lots of updates including a high efficiency furnace, new hot water tank, paint, flooring, moldings and more. Kitchen has lots of cupboards, counter space and there are sliding doors to the sun room and rear yard. Upstairs are 3 good sized bedrooms with the main having an ensuite and walk in closet. Living room has vaulted ceilings and features a wood burning fireplace. Outside is your own private park with trees, gardens, lots of flower beds and a fish pond. A double garage and park an RV on the driveway. Don't forget central A/C for those warm summer days. Walk to shopping, golf, schools and transport.
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Please visit our Open House at 19819 116A AVE in Pitt Meadows.
Open House on Sunday, August 26, 2012 2:00 pm - 4:00 pm
Just move in! This split entry home in Wildwood Park in Pitt Meadows shows great and is substantially updated. Updates include the kitchen, gas fireplace, vinyl windows, a 5 year old roof, upgraded insulation in the attic, redone bath on lower level and more. 3 bedrooms on the main and the master bedroom has a semi-ensuite. The kitchen shines with the granite counters, S/S appliances and there are sliding doors to the deck from the dining room. Enjoy the view of the mountains to the north from the deck overlooking the private yard. There is room for all the toys with yard access for RV parking, single garage and 4 spots more on the driveway. Downstairs would be easy to suite. Don't miss this one!
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Please visit our Open House at 12110 220TH ST in Maple Ridge.
Open House on Sunday, August 26, 2012 2:00 pm - 4:00 pm
Don't miss this one set on a 8300 square foot plus lot close to schools and transportation. Everything is done in this home starting with a fifty year metal roof and exterior walls that are stone and "Hardy Board". Inside the original hardwood floors have been refinished and the plan opened up. The kitchen has new cupboards and a huge island all with full granite. There is crown molding throughout. The main bath has been redone with tile, cupboards, fixtures including double sinks and the ensuite is also new and has a 5ft shower with seats. Down is same quality with a registered in-law suite including new kitchen (full granite), new bathroom, new floors, new windows, seperate laundry and more. The list goes on, call for details.
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Please visit our Open House at 12369 229TH ST in Maple Ridge.
Open House on Saturday, August 18, 2012 2:00 pm - 4:00 pm
Large rancher set on a very quiet cul de sac. This three bedroom home is perfect for retirees or anyone wanting no stairs. The main bedroom has a three piece ensuite. Lots of room here with 1740 square feet and a two year old roof. Yard isfenced with access through sliding doors from the family room and one of the bedrooms to the covered patio. Open plan with an eating area off the kitchen and gas fireplaces in both the living room and family room. Enjoy the view of Golden Ears mountains from the living room. The home has central A/C for summer comfort. Quick possession no problem. Don't miss this rancher, call today!
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Please visit our Open House at 19819 116A AVE in Pitt Meadows.
Open House on Sunday, August 19, 2012 12:00 pm - 2:00 pm
Just move in! This split entry home in Wildwood Park in Pitt Meadows shows great and is substantially updated. Updates include the kitchen, gas fireplace, vinyl windows, a 5 year old roof, upgraded insulation in the attic, redone bath on lower level and more. 3 bedrooms on the main and the master bedroom has a semi-ensuite. The kitchen shines with the granite counters, S/S appliances and there are sliding doors to the deck from the dining room. Enjoy the view of the mountains to the north from the deck overlooking the private yard. There is room for all the toys with yard access for RV parking, single garage and 4 spots more on the driveway. Downstairs would be easy to suite. Don't miss this one!
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Vancouver Real Estate board overall

 

Single family houses sales for July totalled 790 with the average sale price of $1,041,325. This 28% decrease in number of sales and a 8% decrease in average price over last year same time period (July) .

 

Townhouse sales for July totalled 384 with an average sale price of $538,297. This is a 11% decrease in the number of sales and an decrease of 5% in average price over the same time period last year (July).

 

Condominiums July sales totalled 927 with the average sale price of $406,366. This a 10% decrease in number of sales and decease of 9% in average price over the same time period last year (July).

 

Total of all types for July was 2101 sales with an average sale price of $669,231. This is a 18% decrease in number of sales and a 12% decrease in average price over July last year.

 

The volume of sales overall continues to decrease substantially over the same month of the previous year. The Vancouver Real Estate Board sales volume year to date is down by 20% and year to date average sales price is down 7%. The number of active listings is 18% higher this July compared to last July. Increased inventory and reduced demand has the Real Estate Board of Greater Vancouver stating that it now a BUYERS market.

 

Local Maple Ridge

 

Single family houses July sales totalled 101 with the average sale price of $491,780. This a 7% increase in number of sales and average price unchanged compared to July last year.

 

Townhouse July sales totalled 27 with an average sale price $276,418. This is a 25% decrease in the number of sales and a 14% decrease in average price compared to last July.

 

Condominiums July sales totalled 22 with the average sale price of $162,840. This is a 46% increase in number of sales and a 26% decrease in price over last July.

 

Total of all types of sales for July was 150 with an average sale price of $404,737. This is a 3% increase in number of sales and a 4% decrease in average price over last July.

 

The Maple Ridge sales volume year to date is down by 6% and year to date average sales price is up 2%. The number of active listings is 1% higher this July compared to last July.

 

The number of properties on the market in Maple Ridge is similar to last year and our prices and market activity are virtually unchanged in the last 2 years.

 

For more detail just call 604-466-4549 or email

pearceteam@telus.net .

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Prime Rate remains stable at 3% with term variable rate mortgages at 2.8% - A $300,000 mortgage at 2.8% for 25 years is $1389 per month. The governments change from 30 year to 25year amortization maximum resulted in and increased monthly cost of $150 on this mortgage.

 

Some banks offering rates as low as 2.69% for 2 years and rates of 3.89 for 10 year terms.

 

** Note**  The government implemented new financing rules as of July 9th 2012. CMHC will not insure a mortgage of 30 years. Some chartered banks and other lenders will still offer a 30 year mortgage although you will have to have more than 20% down.

 

On refinancing your mortgage without moving (selling & buying)  the maximum is now 80% of the value of your property. This is down from the previous 85% of the value of the property

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Living in a small space may be practical but you still want your home to appear as large as possible.  The following tips will help transform your cramped quarters into something much more spacious:

  1. Cut a Rug - Avoid area rugs as using the same type of flooring throughout adjoining rooms creates a feeling of spaciousness.

  2. Is That a Door In Your Pocket? - Installing pocket doors is an easy and inexpensive way to create loads of extra useable space.

  3. Mirror Mirror - Strategically place mirrors throughout your home for the illusion of added space and also to reflect light to adjoining rooms.

  4. 'Tis the Season - Divide your clutter into seasons.  By displaying just one box each season, you’ll reduce clutter, change scenery and keep every last item that you can't bear to part with.

  5. Hide & Seek - Maximize every bit of hidden space you have such as using shelving pockets on the backs of doors or bed risers for that all important under the bed storage.

  6. Open Up - Arrange your furniture so you can see as much of the floor as possible.  Moving furniture away from entrances will make a space appear larger as rooms with blocked views can feel cramped.

  7. Lighten Up - Painting walls a soft shade and the ceiling bright white will give the illusion of added height.  Letting in plenty of natural sunlight also helps a space appear larger so keep window areas clear of heavy drapes.

Whether you're getting ready to put your home on the market or you just want to create more space for yourself, the easy and inexpensive tips above will help give you a bit more breathing room.  By thinking big and getting creative, you can comfortably live large in even the smallest of spaces.
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