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New Listing 871 Hendecourt Road, North Vancouver, BC


R2460995 - 871 Hendecourt Road, North Vancouver, BC, CANADAView my new listing for sale at 871 Hendecourt Road, North Vancouver and currently listed at $1,249,950.

Relax & enjoy this completely renovated 2,122 sq ft townhouse in Whistler-like setting. This 3 bed 4 bath home went through a complete make-over in 2016. Kitchen features white cabinetry, white quartz counter tops, s/s appliances, gas stove/oven & brick accents. All bathrooms were updated including the amazing spa-like 5 pc. master ensuite with heated floors. Flooring throughout the home was replaced with high end laminate & tile. Relax on the 250 sq ft. partially covered deck or backyard patio. This is arguably the best location n the 24 acre wooded Laura Lynn development with equestrian centre. This is an end unit at the end of a private road situated close to the salt water pool, club house, tennis courts, trails, creek and pond. Minutes to schools &LV Centre. Call for your appt today!

Recently Sold Listing 310 - 131 W 3rd Street, North Vancouver, BC


R2455590 - 310 - 131 W 3rd Street, North Vancouver, BC, CANADAI have just recently sold this listing at 310 - 131 W 3rd Street, North Vancouver.

New Listing 310 - 131 W 3rd Street, North Vancouver, BC


R2455590 - 310 - 131 W 3rd Street, North Vancouver, BC, CANADAView my new listing for sale SOLD at 310 - 131 W 3rd Street, North Vancouver and currently listed at $474,950.SOLD

Large ONE BEDROOM PLUS DEN in the heart of Lower Lonsdale. Spacious open lay-out with 9 ft. ceilings, ceiling fan, hardwood flooring, crown moldings, gas fireplace, INSUITE LAUNDRY, contemporary kitchen and pantry. Walk around in bare feet and enjoy the radiant floor heating. Includes one underground parking and large storage locker (6'3(w)x 9'3(d)x 6'3(h). Close to everything; transit, shopping, dining, Starbucks, recreation and all that lower Lonsdale has to offer. Maintenance fee includes Shaw cable and internet (cost $85 per month). COVID protocols in place for showings. See floor plan and virtual tour for more information. Call today for your appointment.

Recently Sold Listing 855 E 13th Street, North Vancouver, BC


R2448196 - 855 E 13th Street, North Vancouver, BC, CANADAI have just recently sold this listing at 855 E 13th Street, North Vancouver.

New Listing 855 E 13th Street, North Vancouver, BC


R2448196 - 855 E 13th Street, North Vancouver, BC, CANADAView my new listing for sale SOLD at 855 E 13th Street, North Vancouver and currently listed at $1,350,000.SOLD

Well maintained 5 bedroom, 2 bath family home in Grand Boulevard area. 50 X 147 Lot with southern exposure in the backyard. Covered 20'10 x 14'10 deck above 29'6 x 14'10 carport. Close to Brooksbank elementary and Sutherland secondary schools, parks, shopping and recreation. Open by appointment only; social distancing in effect. Accepted offer.

Affordability Returning to the Real Estate Market - March 2020


aerial front 2433 mowat place a

 

It is still early in the year, but we are seeing a different North Vancouver real estate market.  First time Buyers are back and Buyers who want to move up are back.  The lower end of all markets is very active and that hasn’t been the case for the past two years.  What has changed?  Mortgage rates have dropped significantly.  Clients are securing 5 year fixed rates at 2.5%.  Residential real estate prices have been dropping for the past 3 years, and Buyers are returning because they see value in the market.

 See link below for North Vancouver Market Update

 https://www.pixisites.com/sitefiles/1321/library/february_2020_-north-vancouver.pdf

North Vancouver sales are up in all categories over the same period last year.  We are actually starting to see multiple offers for houses priced under $1,500k and most are selling for over the asking price.  Part of the reason for this is affordability.  The other factor is a low supply of houses in the over-all market.  Right now there are 255 detached active house listings.  At this time last year there were 393 houses on market.  Why has the supply of homes dropped?  There may be two reasons.  Homes are selling fast holding inventory levels down.  The other reason may be that Sellers, after receiving their latest property assessment notice, are not listing because assessed home values are down significantly for two years in a row, and they think that now is not a good time to list.

Another change in the market is that we are starting to see is a return of foreign buyers.  The economic and political issues facing Hong Kong have resulted in a steady stream of Hong Kong Buyers at my open houses and other REALTORS are saying the same thing.  My website has also seen a huge increase in traffic since the CO-VID 19 outbreak.  In February 2020, I had 5,783 hits to my website and 85% of them originated in China.

How will CO-VID 19 impact the market?  I guess time will tell but this is what I have experienced so far.  Lower traffic at open houses and the “lookie-loo’s” are not bothering to go out, and some Buyers are taking a break because of job/income concerns and financial concerns related to the stock market and their investments.  Many REALTORS/Sellers are only working with Buyers on an “appointment only” basis.  Real Estate Boards are recommending no open houses.  I think many Buyers and Sellers will just put their plans on hold until their lives get back to normal.

 Stay safe and healthy.

 Buying, Selling or investing in residential real estate give me a call.  Friendly introductions always welcome!

 

 Jeff Mulock    REALTOR®

Sutton Group West Coast Realty

www.jeffmulock.ca

(C)  604-512-2477

[email protected]

 

 

 



Recently Sold Listing 627 E 4TH STREET, North Vancouver, BC


R2431433 - 627 E 4TH STREET, North Vancouver, BC, CANADAI have just recently sold this listing at 627 E 4TH STREET, North Vancouver.

Recently Sold Listing 201 - 1281 Parkgate Avenue, North Vancouver, BC


R2409920 - 201 - 1281 Parkgate Avenue, North Vancouver, BC, CANADAI have just recently sold this listing at 201 - 1281 Parkgate Avenue, North Vancouver.

New Listing 201 - 1281 Parkgate Avenue, North Vancouver, BC


R2409920 - 201 - 1281 Parkgate Avenue, North Vancouver, BC, CANADAView my new listing for sale SOLD at 201 - 1281 Parkgate Avenue, North Vancouver and currently listed at $715,000.SOLD

Large 2 bedroom, 2 bath apartment in coveted Parkgate Place; 1188 sq. ft. Well maintained apartment with open floor plan and brand new fridge, stove and washer/dryer. Updates include hardwood flooring, new light fixtures, closet doors and organizers, and new window coverings. Separate laundry room and Beam built-in vacuum system. 12 x 6 covered balcony facing east and overlooking quiet tree lined street and beautiful gardens. Parkgate Place is pet friendly and popular with downsizers because it is close to shopping, trails, rec centre, library, skiing, golf, parks, schools & 20 mins to downtown. Parking spot next to elevator.

New Listing 2433 Mowat Place, North Vancouver, BC


R2404333 - 2433 Mowat Place, North Vancouver, BC, CANADAView my new listing for sale at 2433 Mowat Place, North Vancouver and currently listed at $1,850,000.

Custom built executive home designed by Dave Poskitt with 2x6 construction located on a quiet cul-de-sac on one of Blueridge's most sought after streets. This 5 bed/4 bath home features cedar-lined vaulted ceilings, skylights, Wolf range, s/s appliances & cherry wood cabinets. Updates include eco-rubber roof, dual hot-water tanks, silhouette blinds & built-in vacuum. New carpet in basement, new h/w flooring in the family & upstairs master bedroom, new glass stairway railing and new stairway and kitchen lighting. The private backyard is great for entertaining with multiple decks and hot tub! Great schools, shopping, rec centre, trails, parks, golf & skiing close by, & only 20 min. to downtown. Open by appointment only; social distancing in effect.