Market Insights - BC Waterfront Real Estate

Although the extended period of warm weather came with some very unfortunate consequences (thank you for your help with that, firefighters!), it also gave us an extra long resort season to enjoy water activities. For some people here on the island, it was still bikini season, even in the first few days of October!

Now on to the order of the day:

Hot Properties for Fall 2015.

Our staff and member agents have picked through the properties for sale on our site and given their 5 picks for "Hot Properties" this month. We invite you to read on for details:

 1. TROPHY SPROAT LAKE WATERFRONT 1/2 ACRE LOT $249, 000

Our lakefront real estate experts at The Dave Team say that this listing is the absolutely best priced waterfront property on Sproat Lake.  It’s a rock bluff waterfront lot with amazing views up Taylor Arm. 

Recently reduced from $295, 000 to $249, 000 

2. OCEANFRONT GEM ON PENDER ISLAND $479, 000

Modern design & open plan layout give this approx 1476 sq ft oceanfront cottage a feeling of sophistication that outweighs its size. This is the perfect getaway property for family & friends. 

At only $479,000, this beautiful property is listed well below the 2015 Tax Assessment of $563,000. 

3. ONE OF A KIND LAKEFRONT ACREAGES FROM 133- 264 acres $480, 000-$820, 000

Our BC recreational property experts at NIHO Land & Cattle Company, say that these three acreages (located on a fisherman’s paradise) are in the middle of some of the best farming and ranching country. A portion of the properties are also cleared and hay producing!

$480, 000 Lot A 1, 701 ft.(518.6 m) of lake frontage. An excellent location for a ranch or farm 

$650, 000 Lot B 1,924 ft (585.5 m) of lake frontage. This is prime lakefront property. 

$820, 000 Lot C 1,776 ft (541.5 m) of lake frontage. An excellent site to start your farm! 

That rounds up our Hot Properties for October 2015.

COMING SOON! Real Estate Market Guides 

Coming up in our blog, we are going to be starting a series of posts focusing on real estate markets in different areas of British Columbia. The articles will serve as reference guides for people looking to move to specific cities in British Columbia where waterfront real estate is popular. The guides will be chalk-full of as much information as we can gather on the current real estate market conditions in each area, as well as other helpful information and stories that we gather from our area real estate experts.

Our first article will focus on the West Coast of Vancouver Island (Tofino & Ucluelet) so please stay tuned!

Please note this proerty has sold since this blog was posted. Updated 12/28/10.

This month we are featuring a beautifully renovated classic oceanfront  home which was previously listed for over 1 million dollars and has now dropped to just $699, 000. This elegant and luxurious home is situated on 2.26 glently sloping acres (with a bonus 200ft of oceanfront!) and faces Baynes sound and the Beaufort mountains. In my opinion, this exposure is the nicest on the island as it offers afternoon sun and great sunsets as you look over the ocean.

This home is now in foreclosure and I believe it represents a great value for the high level of finishing, amount of waterfront and land that it offers.  Definitely worth a look! 

One more house I just have to mention...As I was looking up the info to write this blog, I came across another great value on Denman. It does have an offer pending, but is worth a look at only $529, 000. It is oceanfront as well!

A Picturesque Piece of History on a Sensational Seaside

This month, we highlight a unique property on Pender Island as our "Pick of the Month." This charming oceanfront character home (circa 1921) with perfectly preserved original wood floors & wainscoting sits on an idyllic .80 acre lot which gently slopes to a sandy beach and your very own .47 acre island (accessible by foot at low tide).

The home is approx. 1600 sqft with steps to an open attic w/dormers; an ideal place for extra Bedrooms. The roof was redone about 10 yrs ago, so the home is sound & dry; waiting for a buyer that appreciates long ago charm.

The property has just been reduced $100, 000 giving you a chance to get in this unique property in a coveted location with fantastic sunsets for substantially less. Truly Remarkable!

Our "Pick of the Month"  for February is a Thetis Island getaway. Sought after features of this property include 1.7 acres of private, walk-on waterfront with swimming steps from your deck, a well-appointed home, a protected bay to moor your boat and fabulous western exposure to enjoy those late summer sunsets.

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According to listing agent, Joe Squire, the home is the complete package with all of the features waterfront buyers are looking for. "In my opinion  this is the perfect island getaway....sought by everyone and rarely found. With such limited supply where all the wish list boxes are checked, this is the home that gets passed down generation to generation as they're too rare to sell."

The home features easy accommodation for up to 8 people, 1.5 baths and a bright open kitchen that captures the morning sun on one side and sunsets on the other. Sleek quartz counters provide a generous amount of usable space with custom cabinets for functional storage. With sweeping ocean views and vaulted ceilings in the living area, this home exudes warmth & charm. You'll notice the radiant heat in the newly renovated bathroom, bright with a soaker tub and separate shower. Irrigation in the gardens, a workshop for the handyman, too much to list! Meticulously cared for and on the market for the first time in decades.