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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.
Offered at a steal of a deal! Lovely renovated family home with authorized suite backing onto crown land in desirable Cinnabar. This 5 bedroom 2 bathroom split-level home is situated on a 0.17 acre lot with a serene treed backdrop complete with a creek & filled with wildlife. Chase River Elementary & many parks are walking distance with Country Grocer, bakery, gas station & more just a short 5 minute drive away or 10 minutes to downtown. The authorized suite guarantees you permanent rental income & will be a breeze to fill with Nanaimo's low rental vacancy rates. Beautifully updated main kitchen includes solid granite counters, built-in eating bar, glass tiled backsplash, modern laminate flooring & skylight providing natural light. Great layout with 3 beds up & a 2 bed suite down; both with their own laundry. The expansive deck extends living to the outdoors; fully covered with new tinted corrugated roofing plus new stairs down to the fenced yard. The lower suite benefits from a cheerful & private covered patio in addition to the separate entry (off the carport). Freshly painted throughout, updated doors & fixtures along with low-maintenance laminate flooring ensure this home is move-in ready. In addition, many windows have been updated to vinyl, lots of life is left in the roof, lots of parking including a single carport & extra storage located under the deck. All measurements are approximate & should be verified if important. A video tour & 3D walk-through tour are available. Quick possession plus an inclusion of furniture is possible too! Call/Text Mandy Colford with Re/Max to view this home at 250-668-3633. View more homes at www.investwesthomes.com (id:2493)More details
In need of a shop, look no further! Centrally located in the heart of Nanaimo this 4 bedroom home is situated on a 7,230 square foot lot and is sure to impress. The main level is inviting with a spacious, recently updated main level incl. kitchen and all new appliances, two bedrooms, a den and 4 piece bathroom. The flooring is the original refinished hardwood that is complimented by the neutral paint colors and warmth of the stunning wood burning fireplace. The basement is where the third and fourth bedrooms can be found along with the laundry and a large family room which also has a wood burning fireplace. The natural gas furnace keeps the monthly bills low and the house efficiently cozy. The nearly 900 square foot shop has been outfitted with a 220 amp electrical panel which is large enough for three vehicles. The shop and coat room were both added to the house in 2006 with full permits. There is plenty of room for all your toys with the addition of the RV pad complete with power and tie downs for good storage in the off seasons. The house can be accessed from Waddington Road and the shop from Girvin Avenue or Cadogan Street.Close to all levels of Schools, the hospital and parks this house is a rare find. All measurements approximate and must be verified if important. (id:2493)More details
Sitting high on a hill in Long Lake Heights, this newer home enjoys exceptional privacy and beautiful views of the ocean and mountains. There is a modern, maple kitchen on the top floor, a second bedroom and a large master bedroom that enjoys the views and comes complete with a three piece ensuite. The lower level has a large family room, a third bedroom, laundry and a large workshop area. A bonus is the third floor down below, with inside access that is unfinished and ready for your ideas. This home is nicely finished with hardwood flooring, a heat pump and a double garage. Feel like you are on top of the world as you enjoy the sunrise with your morning coffee in the enclosed sunroom. This is a very quiet area that is close to all of the amenities of North Nanaimo. Data and measurements are approximate, must be verified if important. (id:2493)More details
and GRAEME PARKER
of RE/MAX Of Nanaimo
New Home located in a newer subdivision close to the Southgate mall and Vancouver Island University. This house has 9 foot ceilings and laminate flooring throughout. 3 bedrooms up with 2 full baths make this home perfect for a new family or an investor. Downstairs has a half bathroom and a den which could also be used as a 4th bedroom. Low maintenance yard with landscaping. Lots of street parking for your guests and a single car garage and driveway for yourself. New home warranty is included with this move in ready home. (id:2493)More details
of Century 21 Harbour Realty Ltd.
Excellent North end location with plenty to offer! This home has 2600 sqft of living space with 5 bedrooms plus den and 4 bathrooms located on a large 10,017 sqft corner lot with room for all your toys! Upstairs offers 3 bedrooms, 2 bathrooms, large living room with wood fireplace, spacious kitchen, with adjoining dining room which has new french doors that lead out to the very large wrap around deck with new vinyl decking, new railing, and is newly covered for year round entertaining. Downstairs offers an in-law suite with 2 bedrooms plus den and 2 bathrooms, large living room with fireplace and an in house workshop. Many updates over the years which include roof, blown in insulation, windows, flooring, trim, paint, fixtures, updated bathroom upstairs and completely re done deck. Additional features include fencing, gates, one car garage with new door which has an abundance of storage. Also located on the property is an over height structure for boat or RV storage and raised garden beds. This home is located close to shopping, schools, parks and has easy access to both highways! All measurements approximate, verify if important. Please contact Brent Russell for more information 250-751-1223 or firstname.lastname@example.org (id:2493)More details
This beautiful 3 year old home is located in the still developing Orchard Estates. With 3 bedrooms & a den, & 3 bathrooms, it might be just what you're looking for. Main level entry with all bedrooms and den upstairs. Quiet, but hardly out of the way. You can walk to all levels of schools, including VIU, the Aquatic Centre, ice centre, shopping, parks &more. Take a drive through the neighbourhood and see for yourself. Maybe this house in south Nanaimo could be your new home. (id:2493)More details
of RE/MAX Ocean Pointe Realty (LD)
Absolutely immaculate and updated, this beautiful basement entry home in the Country Club area is a delight. On the main floor you'll find a bright open great room with a cozy and efficient gas fireplace, spacious updated kitchen with loads of cabinets and sliding glass doors to a large sundeck overlooking the meticulously maintained back yard. There are also 3 nice sized bedrooms and a stunning main bath with soaker tub and separate shower. Over the last few years the updates in this home include flooring, paint, updated kitchen and baths, windows, 2 gas fireplaces, gas furnace and the list goes on. The lower level features another bedroom with updated ensuite bath, spacious rec room, large laundry and a storage room that could be easily converted into another bedroom. The level back yard is great for the kids too. Nothing to do but move in and enjoy. Just blocks to shopping, schools, parks and more. www.loribrothers.com (id:2493)More details
of Royal LePage Nanaimo Realty (NanIsHwyN)
Listing information last updated on October 23, 2017
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