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Recently Sold Listing 1054 Calverhall Street, North Vancouver, BC


R2270622 - 1054 Calverhall Street, North Vancouver, BC, CANADAI have just recently sold this listing at 1054 Calverhall Street, North Vancouver.

Recently Sold Listing 5728 OWL COURT, North Vancouver, BC


R2266882 - 5728 OWL COURT, North Vancouver, BC, CANADAI have just recently sold this listing at 5728 OWL COURT, North Vancouver.

New Listing 1054 Calverhall Street, North Vancouver, BC


R2270622 - 1054 Calverhall Street, North Vancouver, BC, CANADAView my new listing for sale SOLD at 1054 Calverhall Street, North Vancouver and currently listed at $1,798,000.SOLD

Completely updated 3 bed/3 bath Craftsman home in sunny Calverhall. On a quiet cul-de-sac, steps to trails and schools, this home offers privacy and stunning views. Open kitchen/family/dining area leads to patios perfect for entertaining or relaxing. Mature landscaping provides a perfect mix of sun or shade at all times of the day. Quality improvements include roof (50-yr transferable warranty), HE furnace, 200-amp U/G electrical service, solid wood doors, thermal windows, custom blinds, flooring, 2 gas fireplaces, gas bbq hook-up, siding, kitchen and baths. Did I mention the spa-like en suite? Think granite, hardwood, slate, river rock, gas range, recessed lighting. Come see for yourself and fall in love.

New Listing 302 - 3606 Aldercrest Drive, North Vancouver, BC


R2268121 - 302 - 3606 Aldercrest Drive, North Vancouver, BC, CANADAView my new listing for sale at 302 - 3606 Aldercrest Drive, North Vancouver and currently listed at $879,000.

Spacious 1,146 sq ft 3 bed and 2 bath corner unit with north-west exposure at Destiny 1 - Ravenwoods. The open concept living, kitchen and dining area look out over a tranquil forest setting; feels like Whistler. The 3 bedrooms are nicely spaced and are each located in a corner of the floor plan. This apartment shows like new and has three unique features; a gas cooktop, quick access to the outdoors (great for pets) and an individual bike locker that hold up to 3 bikes. The complex features a fully equipped gym that overlooks the pond. Includes 2 UG parking spots. Close to parks, trails, golf, skiing, indoor and outdoor recreation, beaches and marinas and only 25 minutes from downtown. Open Sun 2-4pm

First Time Buyers - Allison and Nicole


First time buyers, Allison and Nicole, recently purchased a large two bedroom and two bathroom apartment in Lower Lonsdale.  This is what Nicole had to say:

“Thank you so much for helping us find the perfect apartment!  We couldn’t have done it without you!  I appreciate all the time and effort you put into researching places for us and setting up viewings for all of them.  You have been so helpful through the entire process and very organized with all the documents, contacting lawyers, building managers, plumbers, electricians and anyone or anything else we needed to make the purchase happen.  If any of my other friends or family is looking for a place, I’ll be sure to refer them to you.” – Nicole (1st Time Buyer)

Do you need help with your first purchase?  Conact me at  [email protected]  to receive my "First Time Buyer Package".

alli and nicole photo a



First Time Buyer - Tasha


First time buyer, Tasha, purchased a one bed and one bath apartment in lower lonsdale.  This is what she had to say:

“As a first-time home buyer, I felt overwhelmed by our current housing market but with Jeff’s help I was able to find the perfect home. Jeff demonstrated his vast knowledge of the North Shore market by doing an incredible job of showing me apartments that fit with my budget and lifestyle. He was there for every showing walking me through all the key features of the property and was always available for my questions, providing great advice and expertise. He was proactive in setting up private showings so that I wouldn’t miss out on the opportunity to see a great property and when it came time to offer Jeff was strategic and highly detail oriented which allowed for a stress-free closing. He made what could have been a worrisome and stressful situation, a seamless and enjoyable house hunting experience. I would recommend him to all buyers!” – Tasha (1st Time Buyer)

Do you need help with your first purchase?  Contact me at [email protected] to receive my "First Time Buyer Package".

 

 tasha photo



Recently Sold Listing 107 - 1283 Parkgate Avenue, North Vancouver, BC


R2242725 - 107 - 1283 Parkgate Avenue, North Vancouver, BC, CANADAI have just recently sold this listing at 107 - 1283 Parkgate Avenue, North Vancouver.

New Listing 107 - 1283 Parkgate Avenue, North Vancouver, BC


R2242725 - 107 - 1283 Parkgate Avenue, North Vancouver, BC, CANADAView my new listing for sale SOLD at 107 - 1283 Parkgate Avenue, North Vancouver and currently listed at $998,800.SOLD

Completely renovated 2 bed 2 bath garden level apartment at coveted Parkgate Place. Updates include wide plank laminate flooring throughout, floor to ceiling custom kitchen cabinets along with quartz countertops and island, new SS appliances, custom closet organizers in every closet, all new paint, new doors, new Venetian blinds, new sliding screen door, new Valor gas fireplace surrounded by tile & solid fir mantle. Both bathrooms have been completely renovated with high end finishes, quartz countertops, and light fixtures. Large private covered patio and direct access to gardens and lawn; perfect for pets. Close to shopping, trails, rec centre, library, skiing, golf, parks, schools, 20 mins to downtown. Quick possession possible.

Affordability Key issue Facing Buyers and Sellers in 2018


A year ago today, a couple with an annual household income of $138,153 and a 20% down payment could purchase a $1,000,000 home.  Today, that same couple with the same income could only afford to purchase a $750,000 home.  What has changed?  The Bank of Canada has had three key rate increases totaling .75%, and the Federal government is now requiring lenders to “stress test” all mortgages at two percentage points higher than they are right now to ensure borrowers would be able to pay off the loan.  The net effect is that Buyers will have to save more and lower their expectations.  What does this mean to Sellers?  In the long term, it means fewer Buyers with less purchasing power.

 

How does this impact the current market?  In the short term, supply and demand factors are still driving the market.  However, we did start to see the impact of affordability on the North Vancouver detached market last year as higher prices sidelined many Buyers, and inventory levels for detached housing started to increase.  Lower demand levels for detached housing saw the market move from a Seller’s market (sales to active ratio 20% +) back towards a Balanced market (sales to active ratio 12 – 19%).

 

We are now starting to see high prices impact affordability for townhouses/duplexes and apartments, and with Buyers being impacted by rate increases and “stress tests”, I believe inventory levels will build again for both market segments and we will see a trend back to a more balanced market.

 

North Vancouver Detached Market

Sellers’ market running between 20 – 25% sales to active ratio.  The year over year bench mark price up 5.5%.  Builders are currently carrying high levels of inventory at the $3 million plus price range and are not as active purchasing at the lower end of the market resulting in less competition.  Most active price range $1.500m - $1.999 million.

 

North Vancouver Condos Market

Inventory levels continue to decline resulting in a hot Seller’s market; 40 – 80% sales to active ratio.  Market is showing signs of slowing down because of high prices.  The year over year benchmark price is up 23.0%.  Most active price range $400k to $900k.

 

North Vancouver Townhouse/Duplex Market

Inventory levels remain low resulting in a strong Seller’s market; 35-60% sales to active ratio.  The year over year benchmark price is up 17.6%.  Most active price range $900k to $1.5 million.

 

 

If you need a REALTOR to assist you with Buying, Selling or Investing, I am definitely someone you can rely on and trustFriendly introductions always welcome and very much appreciatedJ

 



New Listing 107 - 1283 Parkgate Avenue, North Vancouver, BC


R2230511 - 107 - 1283 Parkgate Avenue, North Vancouver, BC, CANADAView my new listing for sale at 107 - 1283 Parkgate Avenue, North Vancouver and currently listed at $1,024,900.

Completely renovated 2 bed 2 bath garden level apartment at coveted Parkgate Place. Updates include wide plank laminate flooring throughout, floor to ceiling custom kitchen cabinets along with quartz countertops and island, new SS appliances, custom closet organizers in every closet, all new paint, new doors, new Venetian blinds, new sliding screen door, new Valor gas fireplace surrounded by tile & solid fir mantle. Both bathrooms have been completely renovated with high end finishes, quartz countertops, and light fixtures. Large private covered patio and direct access to gardens and lawn; perfect for pets. Close to shopping, trails, rec centre, library, skiing, golf, parks, schools, 20 mins to downtown. Open Thurs 10-11:45am Sat/Sun 2-4pm