Real Estate Market in Nanaimo, BC

As diverse as the history and the economy is here, so is the real estate market. Buying in Nanaimo provides residents with incredible views and access to the Strait of Georgia, sandy, coastal homes, and peaceful bays with marina access.

When considering what to buy in Nanaimo, buyers have numerous options. Along the outskirts of town are larger properties many that are still farmland. This is also where many new developments are springing up in Nanaimo. For more traditional housing, select properties in the historic district and downtown areas. Homes are smaller but offer more traditional features. Many homes were built in the 1970's through the 1990's. As a result, modern, stylish homes are also available in various neighborhoods within the city.

 

Home values are growing year-after-year in Nanaimo but remain affordable. The average selling price for real estate in October of 2015 was $380,054, which is about a 1% increase from the previous year. In the same month, about 380 homes were for sale, significantly lower than the 443 from the previous year. This shows the demand for real estate in Nanaimo and the surrounding areas. From single-family homes with 2 and 3 bedrooms (some of the most popular), to large, luxurious estates on spacious parcels of land, numerous options exist in this area.

 

Select the Link below to begin your search!!

Homes from $325,000- $350,000

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  • 51 RILEY PLACE in NANAIMO: House for sale : MLS®# 438349

    Main Photo: 51 RILEY PLACE in NANAIMO: House for sale : MLS®# 438349
    $339,900
    Single Family
    Status:
    Active
    MLS® Num:
    438349
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,574 sq. ft.
    Under $350K in desirable North Nanaimo. Located in the Hammond Bay area is this 3 bedroom 2 bath split level family home. Walking distance to Nanaimo's popular Neck Point Park and sitting on a bus route makes this location ideal. The main floor offers an open flow between the kitchen, living and dining area and while you're sipping your morning coffee you can enjoy the distant ocean views through the large picture windows. Completing the main floor is 1 bedroom, a combined laundry and 2 piece bath as well as a well appointed mudroom. Upstairs you will find two more generous sized bedrooms and a 4 piece bath. Access to the private backyard can be found through the main floor mudroom. This detached home is a bare land strata with a low monthly fee of just $140.00. This strata allows for pets and rentals. All measurements and dimensions are approximate and should be verified if important. For more photos and information, please call 250-585-2601 or visit www.islandhomegroup.com (id:2493) More details
    DAWN WALTON and DUSTIN LAYZELL of RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
  • 6034 LEAH LANE in NANAIMO: House for sale : MLS®# 438321

    Main Photo: 6034 LEAH LANE in NANAIMO: House for sale : MLS®# 438321
    $345,900
    Single Family
    Status:
    Active
    MLS® Num:
    438321
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,215 sq. ft.
    This bright 3 bedroom, 2 bathroom townhome is conveniently located in the North end of Nanaimo in the Dover Community, a block from Dover Bay Secondary School, Vancouver Island Regional Library, and close to McGirr Sports Fields. A lower level entry unit with a serene patio setting at the front door; plus a private patio off the master bedroom. Entertain family and guests in this open concept kitchen, dining room and living room area - guests can sit up at the bar stools and watch you cook; or relax by the electric fireplace in the living room. Kitchen includes all appliances including a Garburator. Unwind from your day in the generous sized Master Bedroom - complete with an ensuite and walk in closet. Store extra belongings in crawl space. Rentals and pets permitted; low stata fees. Book your viewing today! For questions, please call Melanie Peake at (250) 954-0100 (id:2493) More details
    MELANIE PEAKE and KIRK WALPER of Royal LePage Parksville-Qualicum Beach Realty (PBO)
    SHAWN MCDONALD
    Kristin McDonald
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Listing information last updated on April 20, 2018 at 12:50 AM (UTC)
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