The Nexus Blogs

Market value sells listings in real estate or on eBay

Posted on Apr 12, 2021 in Selling a house

The concept of selling a house is the same as anything else that sells at market value.
It is worth what the market says.
For example, suppose you want to sell something on eBay that you think is worth $50. So you list the item for $50 and over the next 7 to 10 days, interested parties will bid. Maybe two will bid, or more. In the end, the highest bi...

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Finding down payments for first-time buyers

Posted on Apr 08, 2021

Some of you may not want to let your kids read this:
A recent poll showed that Canadian parents are willing to gift children (or other family members) an average of $60,513 to help them buy their first home.
Nice!
The reality check (or reality cheque) here is that may be what it will take to help young people enter the real estate market. Not that thi...

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Master bedroom for most a matter of space

Posted on Mar 28, 2021 in Buying a house

There’s a reason why master bedrooms are called “master” and it has nothing to do with gender or status.
It has everything to do with comfort.
By the time you retire for the night, you can assume you’ll be spending close to one-third of your time in that room, so you want it to be comfortable and practical. Like most things, comfort and practicality...

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Looks like a townhome, acts like a townhome…

Posted on Mar 25, 2021

You may call them townhomes, townhouses, condos or — as in news releases from the Real Estate Board of Greater Vancouver — attached properties. What you really need to know about all of them is that there are two kinds.
Freehold and strata.
That’s what separates the type of “attached” housing you may be looking for, or trying to sell.
If it’s a “freeh...

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Staging when emerging from COVID-19 times

Posted on Mar 23, 2021 in Selling tips

Home owners who have been holding off listing their property because they just weren’t comfortable going through the process during the pandemic may now be thinking — with the ramping up of vaccinations — that the right time is getting closer.
In preparing a home for being listed, there’s a number of staging tips (besides calling Jennifer our Dale f...

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Vancouver price increases behind Canada, U.S. overall

Posted on Mar 17, 2021 in Real estate market

According to a UBC associate professor and economics analyst, the housing market in Vancouver is growing more slowly than markets in most of Canada and the U.S.
In an interview with Business In Vancouver, Tom Davidoff says housing prices in the Lower Mainland are increasing because of “enhanced affordability” whereas that driver in the past was fore...

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