Daily Informative Updates on
New Residential Real Estate & Construction News
for Vancouver Island Communities

Dec 14, 2009

Vancouver Island Real Estate Board Reports Robust November

There were 357 single family unit sales across the VIREB region in November 2009.

The average sale price across the VIREB region comparing November 2009 to November 2008, was $335,192, down 3% from the $346,364 posted in November 2008 but very close to the October 2009 average price of $332,897.

For the period comparing data from the end of November 2008 to the end of November 2009, average sale prices in the Vancouver Island Real Estate Board’s six zones saw: Campbell River increase 13% (to $311,045), the Comox Valley increased 9% (to $346,475), Nanaimo is down 6% (to $360,328), Parksville/Qualicum saw no change (at $372,414), Port Alberni jumped 24% (at $250,485) and the Cowichan Valley was down 13% (at $347,833).

There are 17.5% fewer single family residential properties for sale now than in November 2008.

Excerpted from a VIREB release in December, 2009 - For more information contact:

Darrell Paysen - Manager, Member Services, Vancouver Island Real Estate Board

Phone:  (250) 390-4212   Fax:  (250) 390-5014  Email: dpaysen@vireb.com    Website: http://www.vireb.com/

Source: VIREB, December 2009

Dec 11, 2009

Luxury Patio Homes, Condominiums & Duplexes in Ladysmith on Vancouver Island

The Gales, Luxury Patio Homes and Condos on Vancouver Island

The Gales is a 68 luxury patio home and condominium development (42 patio homes & 26 condos in two condo buildings) with fantastic ocean and mountain views located in Ladysmith between Nanaimo and Victoria on Vancouver Island. Every residence at The Gales includes vaulted ceilings, spacious rooms, and impressive views.  The homes are designed and built in West Coast contemporary architectural style and the floor plans are open and spacious.  Some of the other features include: granite counters, hardwood floors, heat pumps, stone fireplaces and 800'+ sq. ft. of deck and patio space. Phase I of the construction includes seven units of which five are sold. The homes are designed with a level entry floor plan that includes a walk out basement which boasts 2,800 sq. ft. of floor space. Four of these units are occupied and interior finishing is underway on the other three units. The second phase will include eight units; prices start at $629,000. Residents from outside of BC may be more familiar with the term luxury oceanview duplexes to describe this project. This project is centrally located on Vancouver Island and the homes feature stunning views. Learn more about The Gales.

Dec 03, 2009

Vancouver Island Real Estate - An Overview

Vancouver Island Real Estate

There is a variety of real estate to choose from when looking for a home, vacation home, retirement property or investment real estate to purchase on Vancouver Island. The following types of real estate are available on Vancouver Island: single family (detached) homes, condominiums, duplexes & townhouses, patio homes, beach homes and vacation homes, and residential lots.
 
There are a variety of real estate vacation options, ranging from investing in a part-ownership of a condomiumium style project to purchasing real estate in one of many golf course developments on Vancouver Island or even on Mt. Washington, where some international winter teams are practicing for the 2010 Olympics. There are also many oceanview and waterfront properties to choose from all over Vancouver Island, with very affordable pricing. Due to the milder winters on Vancouver Island the building materials that are used are most likely wood, hardy planking, stucco and concrete for exterior finishes.

Learn more about Vancouver Island real estate.
Search today for new real estate on Vancouver Island.

Dec 03, 2009

The Residences at the Beach Club - Parksville Luxury Condomiums

Vancouver Island Real Estate
Check out our newest listing on 1stView.ca - The Residences at the Beach Club. This luxury condomium project is located right on Parksville Beach in the heart of Parksville on Vancouver Island BC. This is one of the most stunning examples of oceanfront properties on the Vancouver Island real estate scene.

Dec 03, 2009

Parkside Victoria - Beautiful Vancouver Island Vacation Homes

Parkside Victoria Resort & Spa on Vancouver Island has just completed construction and is opened to the public for one and two bedroom suite rentals. Parkside is located in Victoria, on Vancouver Island. It is targeting LEED® Platinum Certification and it is leading Canada in innovative sustainable resort hotel development and design. Parkside offers vacation home purchases in the form of whole ownership or by purchasing one quarter or one eighth of a one or two bedroom unit. This is a cost effective way to participate in the real estate market. Prices start at $79,900. Owners can also trade some of their vacation time on other international resorts.

Guests and owners can enjoy a private and peaceful vacation home away from home in beautiful Victoria on Vancouver Island, BC. Featuring the exclusive penthouse City Club Lounge, outdoor rooftop patio and gardens, 25-metre indoor ozonated pool and hot tub, meeting and event space, private movie theatre, fitness centre and a 24-hour concierge, Parkside Victoria Resort & Spa offers an innovative, luxury lifestyle experience in one of Victoria’s most desirable neighborhoods. Parkside also offers a customized program for snowbirds who only want to live in Victoria for the winter months. Programs packages are available starting at three weeks. The grand opening is expected to be held in the spring of 2010.

Learn more about Vancouver Island real estate.
Search today for new real estate on Vancouver Island.

Dec 03, 2009

The Woodlands, a Comox Valley Patio Homes Project is Sold Out!

Source: www.claricecoty.com