Real Estate Magazine July 2024 by The Peak

I am personally available

the sale with answers and

MIKE KABAN

•

Connect your business and services with an audience made for you. Advertise your home services, real estate offers, financial options and more in the monthly Real Estate Magazine for our area.

Do you have more to share with our readers? Editorial submissions are also welcomed, please email publisher@prpeak.com with your subject and/or article for consideration.

Included:

• Professional ad design

• Distribution on BC Ferries

Route 3 (Horseshoe Bay-Langdale) Route 7 (Earls Cove-Saltery Bay) Route 17 (Comox-Powell River)

• Distribution in the first Midweek Peak each month to households, office and drop-boxes throughout City of Powell River and qathet Regional District, including Texada Island

• Digital Edition available on prpeak.com

Real estate board reports on market activity

PAUL GALINSKI reporter@prpeak.com

While there were more real estate sales in May 2024 than the previous year in the qathet region, the dollar value of units sold in May 2023 was higher.

“If you asked the realtor on the street, they would say prices are up or heading that way, based on some of the sale prices we have seen recently,” said Powell River Sunshine Coast Real Estate Board MLS statistics director Neil Frost. “We will see what June brings.”

Frost, in reviewing year-to-date statistics, notes that from the beginning of the year to June 4, 2024, the

Curtis Yungen President, Powell River Sunshine Coast Real Estate Board

real estate board report is up in sales volume (18.6 per cent) and new listings (almost 29) per cent, compared to the same period in 2023. Statistics indicate in the year-to-year comparison that dollar volume, year-to-date, is up slightly, and there is a drop in average sales prices of 6.2 per cent,

according to Frost. “It will be interesting to see how this plays out for the rest of the year,” said Frost.

In the single-family homes category, in May 2024, there were 20 sales, totalling $12,951,300, compared to 25 sales, valued at $19,644,077, in May 2023.

There were seven sales in the mobiles and manufactured homes category in May 2024, valued at $1,940,900, compared to no sales in May 2023.

In the condo, apartment and duplex category, there were seven sales in May 2024, valued at $3,439,000, compared to two sales, valued at $1,370,000, in May 2023.

For residential totals, there were 34 sales in May 2024, valued at $18,331,200, compared to 27 sales, valued at $21,014,077, in May 2023.

mercial and institutional sales, there were two in May 2024, valued at $1,071,000, compared to one sale in May 2023, totalling $152,000.

If you asked the realtor on the street, they would say prices are up or heading that way, based on some of the sale prices we have seen recently.

- CURTIS YUNGEN

Powell River Sunshine Coast Real Estate Board President

On the nonresidential side, there were three parcels of vacant land sold in May 2024, valued at $807,500, compared to three parcels in May 2023, valued at $1,240,000.

For industrial, com-

Totals for nonresidential indicate five sales in May 2024, totalling $1,878,500, compared to four sales, valued at $1,392,000, in May 2023.

Grand totals for May 2024 show a combined

39 sales, valued at $20,209,700, compared to 31 sales in May 2023, valued at $22,406,077. Average monthly selling price for a single-family home in May 2024 was $647,565, with an average of 37 days on the market, compared to $785,763 in May 2023. The May 2024 average figure was a 17.6 per cent drop in price over May 2023. Average days on the market in May 2023 was 44. In terms of new listings in May 2024, there were 63 residential, and 15 nonresidential, for a total of 78. Residential active listings at the end of May 2024 were 173, and nonresidential were 66, for a total of 239 active listings.

Luxury home with sweeping ocean and mountain Views! 5 acres located high on a hilltop overlooking Desolation sound and Savary Island. This one owner home has been immaculately maintained inside and out. As you enter the home, you immediately feel the openness from the vaulted ceilings and sunken living room area. The stairs leading from the grand entrance brings you to the nicely appointed upper bedrooms and main bath. Other features include a quality built kitchen equipped with a Wolf Range, eating nook, both with ocean views, family room and a spacious dining room. Other quality touches include wood heat and an Eswa radiant heat system, tinted windows with UV blinds, natural oak and maple flooring, hobby room and plenty of storage areas. Enjoy the outdoors and expand your living with outside view decks, gazebo, gardening areas, natural west coast landscaping and a 1,000 sq foot heated shop. Acreage and ocean view, doesn’t get much better!

Whether you are building a new home, or purchasing your dream home, let us be your trusted partner in creating a home that shines from the inside out.

Luxurious Waterfront Estate with endless ocean views! This magnificent home is located just outside the municipality minutes from downtown Built in 2018 and situated on 1.92 acres this is where luxury meets tranquility. The residence spans three magnificent levels offering 5 bedrooms, 4.5 bathrooms, a gourmet kitchen with an oversized island and top of the line appliances.

Investment property located minutes outside of the city limits. Live on property and manage your investments at the same time. This property offers a newer house, boat shop, quonset building (over 5,000 sq ft), six storage bays and two sea cans. All currently rented with exception of one sea can. All this in 1.5 acres of land.

Beautiful Heritage Style Home Located in the Heart of Westview!! Unbelievable thought and creativity has been put into restoring this gem back to its former glory. This historic house has 5 bedrooms and 3 bathrooms and is spaciously laid out over 2900 sq.ft. Notable majestic features include fir floors, high ceilings, restored doors, original baseboards, stunning exposed brick, new kitchen & more. WATERFRONT 7495 HIGHWAY 101 $3,100,000

Finding a home on the Sunshine Coast

The northern Sunshine Coast of BC has long been a hidden gem for those seeking a blend of natural beauty, community spirit and a slower pace of life.

For potential homebuyers, the qathet region offers more than just a place to live; it provides a lifestyle steeped in tranquility, culture and connection to nature. However, the decision to buy a home in any of the qathet Regional District areas, which includes City of Powell River as well as Texada Savary islands, is multifaceted, reflecting the timeless allure of the area and modern realities of the real estate market.

First and foremost, the stunning natural environment is a signif-

icant draw. Surrounded by lush forests, majestic mountains and serene waters, both ocean and lake, the picturesque backdrop is hard to match.

Outdoor enthusiasts enjoy hiking, kayaking, fishing and mountain biking. The renowned Sunshine Coast Trail, 180 kilometres long and winding through diverse landscapes, exemplifies the area’s commitment to preserving its natural beauty while making it accessible to residents and visitors. With a population hovering around 22,000, the qathet region retains a small-town charm where neighbours know each other and community events are well attended. This sense of community

is evident in local festivals and gatherings such as International Choral Kathaumixw, PRISMA (Pacific Region International Summer Music Association), Blackberry Festival, Powell River Logger Sports and farmers’ markets, to name a few, and in the vibrant arts scene. For families, the safe, friendly environment and strong sense of community provide an ideal setting for raising children.

From an economic perspective, the region is transitioning from its historical roots in the logging and pulp and paper industries to a more diversified economy. This economic shift is contributing to a steady but moderate increase in property values.

The real estate market offers a range of options from starter homes to luxurious waterfront properties. Compared to the skyrocketing prices in Vancouver and other major cities, qathet provides more bang for the buck, allowing buyers to purchase larger properties or homes with stunning views at a fraction of the cost.

There is a but, though, as more people discover this coastal gem, demand increases, which could drive prices up in the future. Therefore,

prospective buyers might find it advantageous to enter the market sooner rather than later.

Buying a home in the qathet region is about more than just acquiring property; it’s about embracing a way of life. The natural beauty, strong community and evolving economic landscape create a compelling case for those looking to escape the hustle and bustle of city life.

For many, the region represents not just a place to live, but a

sanctuary where they can connect with nature, enjoy a supportive community and find a pace of life that allows for reflection and enjoyment.

As the word spreads and the region continues to grow, now may be the perfect time to explore what it has to offer.

Whether you’re seeking a permanent residence, a vacation home or an investment opportunity, this charming coastal area presents unique and promising prospects.

EAST POINT ISLAND AGNEW PASSAGE - SUNSHINE COAST

Your own 3.9 acre private off the grid ecoisland in the heart of BC’s beautiful Sunshine Coast. Includes 1,520 sq. ft. round home, glamping tent, tree house, drilled well and licensed protected deep water dock. Move away from the phone and find your wild! $1,790,000

Nestled among the trees on the upper Sunshine Coast and surrounded by recreation. 3,021 sq. ft. 4-bedroom home and detached shop with suite above. Connected to community water and sewer. Mature landscaping and a short walk to the beach or 10-minute drive to the government wharf. $749,000

SECHELT, BC 140 ACRE OCEANFRONT BRAMHAM ISLAND

8.68 acre trophy oceanfront situated on Davis Bay on the Lower Sunshine Coast. Walk on beachfront with approx imately 600 ft of waterfront. Private estate, family compound or development. Privacy, covered in mature trees, walking distance to amenities. $5,500,000

MUSGRAVE LANDING HOME AND MOORAGE - SALT SPRING ISLAND DAVIS BAY

Nestled in South-central BC’s coast,

Oceanfront property with custom 3 bedroom, 2 bathroom home, separate studio / guest cabin. Private marina, moorage at your doorstep. Road accessible with services. Ideally situated in the Southern Gulf Islands with easy access to Vancouver Island. $1,250,000 CUSTOM RURAL HOME WITH SHOP PENROSE BAY - OKEOVER INLET

3.55 acre rural property. 12,314 sq. ft. light industrial building accommodating a wide range of uses. 20 ft ceilings, 3 roll up doors, leveling deck, 400 amp single phase and 100 amp three phase power, 15 gpm drilled well, approved septic and 1,105 sq. ft. of office space. 364 ft of road frontage with a gated paved driveway and parking lot. $1,680,000

OKEOVER INLET, ENTRANCE TO DESOLATION SOUND

service roads that link to lakes and hiking trails, including the Sunshine Coast Trail. This fractional interest is an affordable option in a highly desired location. $180,000

7 acre wilderness lot located at the gateway to Desolation Sound, just minutes to Lund on the Sunshine Coast. Road accessible with power available. No building permit process required. $429,000

5 acre ocean view lot located at the gateway to Desolation Sound, just minutes to Lund on the Sunshine Coast. Road accessible with power available. No building permit process required. $589,000

90 ACRE OCEAN AND LAKE FRONT PROPERTY - QUATSINO

acres, 2 titles 1,150 ft oceanfront in Hecate Cove and 1,850 ft lakefront on Colony Lake in Quatsino on the west coast of Vancouver Island. Road goes through property. May have subdivision potential. Substantial mature timber, some cedar, no estimate of volume. $1,500,000

This offering comprises two spectacular oceanfront lots, each with a private dock and drilled well, allowing for two homes per lot. Includes a private beach and RV for living during construction. It’s an ideal opportunity for a private estate or group purchase. $1,499,999

BEACHFRONT ESTATE

With over 25 years’ experience in commercial real estate, I have many on and off market opportunities. If you are an investor, buyer, seller, landlord or tenant in search of solutions for

commercial

and/or business requirements, please call or email me for a confidential consultation.

1,269 sq ft, 2-bedroom, 2-bathroom ranchers - $699,900 Two-storey, 4-bedroom, 4-bathroom homes - $899,900

11-4500 CLARIDGE ROAD $239,900 MLS®18059

Listed by Josh Statham - 460 Realty

4733 MICHIGAN AVENUE

Listed by Andrew Roddan - 460 Realty

Amazing view! Quality new home! This 3-bedroom 2-bathroom rancher is located among the new development in the heart of town. Enjoy the open floor plan, cathedral ceiling in the living room, quality finishes, and panoramic ocean views.

LOT I QUEBEC AVENUE $1,149,000 MLS®17755

Listed by Katie Indrebo - 460 Realty

WALK-ON WATERFRONT! Nestled in Frolander Bay near the Stillwater Bluffs this home enjoys southern exposure and unobstructed views in a protected bay. The gently sloping lot is over 0.5 an acre with 80’ of pristine beachfront. The home offers 5 bdrms & 3 baths.

1752 HOLLINGSWORTH ROAD $1,799,900 MLS®17988

Listed by Josh Statham - 460 Realty

This three-parcel land assembly on a quiet side road in Cranberry is comprised of three separately titled R2 (Single and Two-Family) lots.

Lot B has 95’ of frontage on Drake Street with 132’ flanking a side lane with further road dedication. Lots C and D are both 66’ x 145’.

LOT B, C, D DRAKE STREET $399,900 MLS®18014

Listed by Josh Statham - 460 Realty

NO GST! This remarkable semi-detached rancher offers quality for easy-care living. From the natural stone detail at the entrance to the underground power lines and efficient heat pump with AC, this home is designed to impress.

4048 SATURNA AVENUE $769,900 MLS®17876

Listed by Josh Statham - 460 Realty

This home boasts high-end finishes and panoramic ocean views on a quiet cul-de-sac. Open concept floor plan with stylish kitchen, spacious island, stone counters, dark stainless appliances and massive pantry. Large landscaped lo t with shady back deck.

3806 TRAIL PLACE

$1,188,800 MLS®17965

Listed by Josh Statham - 460 Realty

WATERFRONT VILLA. Set on a large, wide-fronting waterfront lot on a no-thru road in a peaceful bay along the shores of the Sunshine Coast, this level-entry home with open-concept plan and walk-out basement has received a massive kitchen upgrade.

2108 MAHOOD ROAD

$1,968,000 MLS®17850

Listed by Josh Statham - 460 Realty

CENTRAL DEVELOPMENT PROPERTY! 1.35 acres at the dead end of Boswell Street in Central Westview, currently zoned R2 (single and two family). The property has been cleared with great access and services on the street, ready for a new in-fill subdivision. Power will be run to the lot soon.

LOT 12 BOSWELL STREET $399,900 MLS®17867

Listed by Josh Statham - 460 Realty

4060 Saturna Ave exceeds the building standards of today’s new homes. Lifetime roof warranty, Step code 3 certified-superior energy efficiency, upgraded insulation, and heat recovery ventilator system are just a few of the many enhancements you will find with this semidetached 3 bedroom plus bonus room home.

4060 SATURNA AVENUE $849,900 MLS®17679

Listed by Josh Statham - 460 Realty

1.35 acres at the dead end of Boswell Street in Central Westview, currently zoned R2 (single and two family). The property has been cleared with great access and services on the street, ready for a new in-fill subdivision. The adjoining lot is also listed for sale.

7151 BOSWELL STREET $1,199,900 MLS®17893

Listed by Josh Statham - 460 Realty

WALK-ON WATERFRONT! This spectacular beachfront home is set on a large, private walk-on waterfront lot. Main-level-entry home offers open concept plan, with three bedrooms upstairs and a full basement, plus RV pad on an expertly landscaped seaside estate.

8745 PATRICIA ROAD $1,999,900 MLS® 17897

Listed by Josh Statham- 460 Realty

OCEANVIEW ACREAGE! This gently sloping 3.46-acre building lot in Paradise Valley is just minutes from town and offers incredible ocean views and southern exposure in a picturesque rural setting. The lot is accessed via a quiet cul-de-sac b overlooks Myrtle Rocks.

LOT 3 CENTENNIAL DRIVE

$469,900 MLS®17823

Listed by Josh Statham - 460 Realty

SUITE. SPACE. LOCATION! Located on a wide-fronting lot with an accessible half-acre+ of land, this turn-key main-level-entry home with ground floor contained suite, walk out basement and attached garage is also conveniently located a short stroll from Mowat Bay.

5930 MOWAT AVENUE

$849,900 MLS®17913

Listed by Josh Statham - 460 Realty

WALK-ON WATERFRONT! This stunningly renovated two-storey beachfront home is perched at the shores of the Salish Sea with breathtaking ocean views and panoramic sunsets. A bright and open main level with a fully-contained suite downstairs.

6765 KLAHANIE DRIVE

$1,399,900 MLS®17840

Listed by Josh Statham - 460 Realty

This seaside estate overlooks Myrtle Rocks just 5-minutes south of the city of Powell River. Brand-new custom-built home is main-level-entry, with a vibrant open great room, spacious view deck, main-level master with guest rooms upstairs and a fully-contained two bedroom walk-out suite downstairs.

8447 HIGHWAY 101 $2,249,900 MLS® 17902

Listed by Josh Statham- 460 Realty

This charming home is move-in-ready and centrally located, tucked off of Manson Avenue and has lots of privacy with trees and a newly put in fence surrounding the property. The large yard has mature trees and a shop in the back.

5201 MANSON AVENUE $569,000 MLS®17984

Listed by Katie Indrebo- 460 Realty

7690 PRYOR ROAD $899,900 MLS®18077

Listed by Andrew Roddan- 460 Realty

With over 5000 square feet of fully finished custom living space, this West Coast contemporary home truly has it all. This 6-bedroom 4-bathroom home includes; main level entry, beautiful views, 19’ ceilings, open concept kitchen, private sundeck, and so much more.

3551 SELKIRK AVENUE

$1,499,900 MLS®17910

Listed by Josh Statham - 460 Realty

This stunning home is perfectly located in Grief Point, providing panoramic ocean views throughout the house with stunning landscaping, a bright and open home. The gently sloping lot is expertly landscaped with perennials, raised beds and irrigation designed to bring vibrant colour to the home all year.

6948 VICTORIA STREET $2,499,900 MLS® 17912

Listed by Josh Statham- 460 Realty

MOVE-IN-READY! Stylishly remodeled with high-end upgrades, this two-story half-duplex has so much to offer. Main-level-entry home on a private pan-handle lot has full yard access with recently upgraded driveway, attached carport, storage shed, privacy hedge.

4555A MICHIGAN AVENUE

$639,900 MLS®17961

Listed by Josh Statham- 460 Realty

This brand new build is centrally located. The open concept main living area is great for entertaining while enjoying the panoramic ocean views. Throughout the home, you will notice premium finishings, high-end appliances, and large windows & cozy fireplace.

4366 QUEBEC AVENUE

$1,089,000 MLS®17754

Listed by Katie Indrebo - 460 Realty

2.2 acres in the heart of Westview offering breathtaking ocean views, fronting three streets, with a gentle slope ideal for tiered development, and a solid character home with outbuildings. The possibilities are endless for this one-of-a-kind property.

7108 KEMANO STREET

$1,499,900 MLS®17894

Listed by Josh Statham - 460 Realty

PRIME DEVELOPMENT OPPORTUNITY.

Four lots (3.8 acres) with 800’ frontage in Central Westview is walking distance to all amenities with services on the road. Zoned RM3 - Medium Density Residential and ideal for apartment or townhouse, or explore rezoning for higher density options.

ONTARIO AVENUE LOTS $5,000,000 MLS® 18100

Listed by Josh Statham- 460 Realty

12 LUXURY CONDOS IN THE HEART OF WESTVIEW

C101 - $639,900 C203 - $689,900

C102 - $599.900 C204 - $699,900

C103 - $599,900 C301- SOLD

C104 - $639,900 C302 - $699,900

C201 - $689,900 C303 - $699,900

C202 - $699,900 C304 - $749,900 CALL TODAY

WELCOME

Rachelle

6483

$575,000

$669,900 MLS® 17990

Real estate transactions can happen at any time of the year, rain or shine. However, putting up your “for sale” sign in summer has unique benefits. If you plan to sell your home soon, you should know why summer is the ideal time.

• Better lighting. Days are longer in the summer, which makes it easier to showcase the interior and exterior of your property. You can even arrange evening viewings, which isn’t possible during winter when it gets dark early.

• Nicer weather. The warm summer weather generally puts people in a good mood. This can make them more inclined to take their time viewing your home and ask questions. The summer sun creates a holiday-like atmosphere, which is conducive to

buying. Bonus points if you have a swimming pool!

• Showcase landscaping. Summer is the ideal season to highlight the beauty of your landscaping. Your flowerbeds, vegetable garden, hedges, patio and other features can attract prospective buyers who enjoy spending time outdoors. This could lead to more attractive offers.

• Serious buyers. Serious buyers tend to house hunt in summer, often while on vacation. They typically want to move before the start of the new school year, which motivates them to finalize the deal quickly. If you want to sell your house fast, summer is the perfect time.

Contact a local real estate agent for a worry-free experience.