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!!

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  • #611-2562 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 429945

    Main Photo: #611-2562 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 429945
    $380,000
    Single Family
    Status:
    Active
    MLS® Num:
    429945
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,646 sq. ft.
    Ocean view condo facing east/southeast with views of the ferries coming and going, looking over Departure Bay across the Gulf of Georgia to West Vancouver and the lights on the ski hill of the North Shore mountains. Large two level unit boasts a huge master bedroom on the second level with convenient 4 piece ensuite bathroom and tons of storage that can be developed into a great walk in closet with dressing room space. Some newer hard surface flooring been installed in hallway. Alcove area off the dining room/living room makes a great space for a reading area/library or computer area. Open kitchen gives outlook to the view. Wood burning fireplace to enhance those winter evenings; spacious deck where you can enjoy the water views and overlook the marine and float plane traffic. Complex is situated on 4 acres of landscaped grounds and also features an outdoor pool, indoor hoy tub, sauna & exercise space. Rentals ok but wait list. 1 indoor cat permitted. Minimum age 16. (id:2493) More details
    RAYMOND PELLERIN of Royal LePage Nanaimo Realty (NanIsHwyN)
    SHAWN MCDONALD
    Kristin McDonald
  • #612-2562 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 434146

    Main Photo: #612-2562 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 434146
    $439,900
    Single Family
    Status:
    Active
    MLS® Num:
    434146
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,641 sq. ft.
    Stunning views complemented by a stunning renovation. This 1641sf two level condo in well-managed Seascape Manor offers the discerning buyer a tasteful decor, abundant living space, and of course the beautiful marine views over Departure Bay. The main level was extensively updated and includes Rosewood engineered flooring ('14) including the stairs (and railing upgrade), lighting, window coverings and skylight blinds. The kitchen was extensively redone with new classy cabinetry, Caesarstone quartz counter tops, under counter lighting, marble flooring, tiled backsplash, new deep under counter sink and touch faucet, plus a new fridge, dishwasher and Jennair ($4200) range. The plan features one bedroom on the main level, remodeled kitchen, open to the dining and living room (with electric fireplace) with spectacular bay views through glass doors on from the large deck. A full main bathroom, bedroom, and laundry area complete this level. The upper level offers a master suite with lots of storage, 3 piece bathroom, walk-in closets and storage. Recreational facilities include a beautiful outdoor pool with great views. Short walking distance to both Departure Bay beach, Brooks Landing Mall, and only a short drive to the BC Ferries, more shopping, parks, and the Nanaimo General Hospital.1 cat allowed no dogs. All measurements are approximate and should be verified if important. (id:2493) More details
    ROB GREY of RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
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Listing information last updated on January 19, 2018
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