TheVancouver Island Real Estate News from Rudi Widdershoven - teamW March 2012   

Hi Paul,

May the luck of the Irish be with you always, Happy St. Patrick's Day.

It looks like spring has decided to slow down slightly in its arriving as we are having some cooler days, however overall it has been a good winter.  In regards to real estate it appears that the sales in the market is mirroring the weather as the listing inventory has picked up however the overall number of sales for 2012 are down about 11% for the same time frame in 2011.  However do keep in mind that for single family homes we are only talking 7 less sales.  We are expecting that buyer activity will pick up as we get further into the year.

Thanks so much for checking out this month's newsletter.  Please let us know if you have any questions or comments regarding the articles or real estate in general -- it'd be great to hear from you!

Cheers
Rudi

In this issue...
Vancouver Island Sales Remains Stable Across the Region 
Multiple Listing Service® (MLS®) sales summary data released by the Vancouver Island Real Estate Board (VIREB) indicates a continued levelling over much of Vancouver Island in terms of Real Estate sales activity. Across VIREB’s coverage area average price of home sold rose 2% over what they were in February 2011.  The average price for a single family home sold within VIREB’s zones in February was $347,299 a slight rise from the February 2011 average price of $338,911.

“There is definite stability in the marketplace – a trend that’s expected to continue for the foreseeable future,” said VIREB President Guy Bezeau.  “Buyers can feel confident when entering the market, knowing that prices are likely to remain fairly level and when the exceptional interest rates are factored in, this is a great time to get into home ownership.  With current market conditions buyers can have confidence that this is the right time to step in.”

Multiple Listing Service® (MLS®) statistics for the greater Parksville - Qualicum area for February 2012 mirrors this trend in terms of sales activity for the month.  There were 30 single family units sold in February, which represents a decrease of 12% as compared to February 2011 when 34 homes were sold.  The average price of a single family home sold in February 2012 through the VIREB MLS® system was $410,747 up 2% from the $401,132 posted in February 2011.

If you would like additional stats or statistics on different housing types or specific areas please contact me.

Cashing In on Curb Appeal 
First impression are critical so we offer some tips on how to enhance your home's curb appear.  The key to getting top dollar for your home is to create huge demand with a massive supply of buyers.  In order to get as many people through the door as possible, your home has to stand out from the competition.

There's no need to completely overhaul your home's exterior as it's often the little details that increase the visual appeal of a property.  Here are some ideas that will dramatically improve your home's curb appeal:

  1. Perfect Porch - Wind chimes and a few comfortable chairs set a tranquil tone and solar lights will highlight your home and add a welcoming glow.

  2. Peeling Paint - You want buyers to see that your home is well cared for so paint or power wash the exterior and clean all of the windows.

  3. Accessorize - Replace outdated fixtures such as your mailbox, door handle and porch light and make sure your house numbers are attractive and visible from the street.

  4. Landscaping - Cut the grass and trim hedges and trees.  Well kept flower beds show pride of ownership and a few large pots full of bright flowers will accentuate the entranceway.

  5. De-clutter - An uncluttered exterior is as important as an uncluttered interior so put away tools, toys, bikes and gardening equipment.

  6. Watch Your Back - When buyers drive by your home, they’ll usually try and get a glimpse of the backyard so make sure it also gets top notch treatment!

Just as people judge a book by its cover, buyers make assumptions about the interior of your home based on how the outside looks.  It's therefore important to make a great first impression beginning at the curb.  Your efforts will significantly increase the chances of your home selling quickly and for top dollar!

The Power of Lemon Aid 
If you're searching for a powerful, environmentally friendly cleaner that can tackle virtually any household chore, look no further than the lowly lemon.  Here are just a few ways that lemons can make your home sparkle:

  • To remove carpet stains, soak with lemon juice for 15 to 30 minutes then rinse and blot.

  • If your countertops are stained, just leave lemon juice on the stains until they’re gone.

  • To clean copper, dip half a lemon in salt and rub it over the copper surface, rinse and dry.

  • Mix lemon juice with baking soda to easily clean kitchen and bathroom surfaces.

  • To clean the microwave, heat a bowl of water and sliced lemons in the microwave for a few minutes before wiping down with a cloth.

Lemons are an excellent alternative to toxic cleansers plus they'll fill your home with a refreshing citrus scent!  A great tip for squeezing as much juice as possible from your lemons is to microwave them for 30 seconds, wait a minute, then cut and squeeze.

Food for Thought 
"Thersere's one sad truth in life I've found while jourenying east and west.  The only folks we really wound are those we love the best.  We flatter those we scarcely know.  We please the fleeting guest.  And deal full many a thougtless blow to thos who love us best." - Ella Wheeler Wilcox



PS Oh by the way, I am never too busy for any of your introductions.  If you know of anyone that may benefit from my help please contact me with their name and number and let them know that I will be in touch.  I would be priveleged to assist them!

If you would like to keep up on the market and would like automatic email notifications of new listings, sales, etc. Click here or drop us an email or give us a call:  250-248-1071 / team@teamw.ca


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