Sellers’ Market Continues…
Sales in the Powell Real Estate market in June equalled the strong May activity with 65 sales. Lot sales continue to be strong as well at 19 in June for a total of 56 this year which is on par with the increased activity in this area last year. This has to make builders happy. The BC economy continues to be strong and steady sales are forecast to continue through 2017. In the Powell River market, 48% of our buyers are from out of town and over half of them are from the Lower Mainland area including Hope and Squamish. Overseas buyers comprise only 1.5% of the sales. It continues to be a sellers’ market where the average home is selling within a month. Early July sales seem to be reflecting an expected slight summer-dip with only 15 sales to date (July 12), but some of the further 22 homes with accepted offers will add to that total as conditions are removed.
A New Industry!
Through my network of Senior Real Estate Specialists across North America, I have discovered that a new industry has emerged to serve the needs of seniors. More prevalent in larger centers, “Senior Movers” provide a large array of services to seniors planning to move. Just a few of these are home clean-outs, organizing packing, supervising moving crews, staging and supervising home renovations. There is a lot to be done before, during and after a move and it can often be overwhelming for any of us no matter what age. It’s nice to know that we can still generate economic activity as our physical activity slows down!
Putting Photos to Good Use
Take photos of special collections that may not ‘fit’ in the new home and place in a photo album or DVD to keep the memories- Use photos to create “mirror moves” in order to replicate familiar details such as placement of special items or hanging picture arrangements
- Use photos to coordinate with far-away family members. This means that those individuals can see and select items they want before auctions, sales and donations are made of what remains
- Use photos as “storage reminders”, helping family members remember what is where (and in what box).
- Take photos for internet auctions such as “Swap and Shop”
Oil to Heat Pump Rebate
The BC Government is providing a rebate of up to $1700 to homeowners who convert their home heating source from an oil furnace to a heat pump. They say you could save 40-75% on your home heating costs after the switch and have the benefit of using the heat pump to cool your home on hot summer days. Oil furnaces and the storage of the oil is becoming a bigger environmental concern which sometimes affects the insurability of older tanks. According to the promotional information, switching is the equivalent of not driving your car for 15 years in terms of greenhouse gas emissions.
Here’s a link to the page for more information: http://oiltoheatpump.ca/why-upgrade/
Executive Family Home
3436 Cariboo Ave
- 4 Bedr/4 Bath -3315 sq ft
- Double lot; Large detached shop
- Custom styling; beautiful yard/gardens
Interactive Video
$625,000
Call for a showing!
604 223-0811
Powell River Real Estate Tid-bits 