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FOR SALE: 3 Bedroom Heritage Home in Uphill

Unbeatable Uphill location! Three bedroom, 2 bathroom heritage home sitting proudly on a double lot on Mill Street only blocks from downtown Nelson. Sit on the front porch with your morning coffee overlooking the city around you come to life or luxuriate in the afternoon sun on the newly built patio in the private garden-like oasis among the peach, apple and pear trees, raspberry bushes, and blooming flowers and shrubs. Classic heritage bay windows and window seats grace two of the full height upstairs bedrooms. Extensive maintenance and upgrades including attractive laminate flooring, upgraded windows, and fresh paint throughout the home turn up the desirability of this heritage home. New a

Are you Ready to Buy? Do You Know What You Want?

Decide what you want to buy Nowadays, there are many different types of homes to choose from. Without the help of a REALTOR®, you may end up in a neighbourhood that doesn't suit your needs. Take a minute to reflect on your lifestyle, and based on that, decide what best fits you. Decide where you want to live Urban - If you're leaning towards the big city, a REALTOR® can help you consider each factor. Sure the prices are generally higher, but you can walk to a restaurant, maybe even to work. You'll also have the widest range of housing options. Suburban - Newer schools, modern shopping centres, bigger yards, and bigger homes are just a few of the reasons why so many people love the suburbs. S

FOR SALE: Custom Built Waterfront Home on Kootenay Lake

Clean contemporary layout designed to maximize the views of the lake and the light with loads of windows. The open concept living room, dining room and kitchen open onto a huge covered deck overlooking the lake, extending the living space into the environment. The beautiful wood burning feature fireplace creates a perfect focal point in the home. The kitchen is any chefs dream with unique custom countertops and a view that can't be beat. 3 bedrooms with 2 of the large bedrooms both featuring full ensuite baths with one of the bedrooms also overlooking the lake with double sliding doors opening onto the deck. The beautiful and accessible low-bank waterfront is perfect for launching your water

September 2016 Nelson Real Estate Update

After a very busy summer, the BC real estate market is still going strong. In and around Nelson, we've also enjoyed a buoyant market that is heading into what looks like a strong fall market. Things in Vancouver have slowed a bit - but I think we are still just seeing the leading edge of how that will effect our Interior and Kootenay markets. Steady demand and limited inventory still seems to be the name of the game locally with many local buyers still having difficulty finding a suitable property. Here is a snapshot of our local market activity up to the end of August 2016 for Nelson City detached homes and Nelson Rural detached homes. For comparison, I have included the numbers for the sam

How a Realtor Can Help You Buy a Home

Buy with a REALTOR®, or go it alone? In the same way that many people decide not to fix their own cars or do their own dental work, it's wise to enlist a professional when purchasing your most valuable asset. Real estate transactions are complex, time consuming and involve a lot of legal documentation. Your REALTOR® is knowledgeable and highly motivated to help you get your ideal home at the the best possible price. Before flying solo, truly know what a REALTOR® can offer: 1. Your REALTOR® will navigate the home buying process and paperwork for you from start to finish, ensuring everything flows smoothly without any surprises. 2. Your REALTOR® will find the right home, in the neighbourhood

UNUSUAL HOMES: Where in the World?

The One Log House, in Garberville (California, USA) It is a one-bedroom house hollowed out from a single log that came from a 2,100-year old redwood tree. After felling this 13 foot diameter forest giant, Art Schmock and a helper needed 8 months of hard labor to hollow out the log into a room 7 ft. high and 32 ft. long, weighing about 42 tons.

FOR SALE: 3 Bedroom Condo with Panoramic Views of Kootenay Lake

Blaylock Condos – A unique and prestigious place to call home. Perched above the historic Blaylock Mansion with panoramic views of Kootenay lake in the background, this 3 bedroom, 2 bathroom condo unit is nestled on the mountainside in a private and rural setting only 5 minutes from Nelson. Enjoy the sunrise lounging on the east-facing spacious covered deck while absorbing the lake and mountain views or take in the beauty of nature and the late afternoon sun at your doorstep at the back of the complex. The kitchen features a stainless fridge, built-in wine rack, and plenty of cabinet and counter space. The open concept main living area with double patio doors leading out to the deck gives th

FOR SALE: Updated 3 Bedroom Condo in Family Neighbourhood

Spacious 3 bedroom, 2 bath home in the Mountain View Townhome complex. This very quiet north-east facing unit has great views and a surprising amount of privacy overlooking the grassy common grounds of the complex. Upgraded oak flooring, newer windows and nice finishes make this home absolutely move-in ready. A great location close to the skate park, Granite Point Golf Course, Selkirk College and Rosemont Elementary School. Rentals are allowed in this complex if you are looking for an investment property. This is definitely a must-see for those seeking spacious affordable living in the city. 409 West Richards Street, Nelson, BC Price: $229,000 MLS# 2414007 More Photos/Information

September Mortgage Rate Forecast

LOWER FOREVER? Mortgage Rate Outlook The Canadian five-year qualifying mortgage rate briefly moved higher in the third quarter, rising by ten basis points to 4.74 per cent before swiftly falling back to its historical low of 4.64 per cent. There are currently two primary sources of upward pressure on mortgage rates in the near term. The most immediate remains the stance of US monetary policy. The US Federal Reserve remains determined to raise its overnight rate this year, possibly as soon as its next meeting in September. While the Fed’s last rate increase had little impact on Canadian rates, the market may see a second tightening as a true shift in the Fed’s view toward future tightening. I

How to Determine How Much to Sell Your Home For

Lots of people out there want to buy your home. The right asking price will attract attention and get you maximum return. You don't want to set your price too low or too high Setting too low a price means you could miss out on thousands of dollars that some buyer would have paid. Setting too high a price can scare away willing buyers and leave your home on the market for too long. When you lower the price, people may assume you are under pressure to sell, and lower their offers even further. REALTORS® know the general factors affecting your market, so work with them to get a price that's right for you. REALTORS® know the general factors affecting your market Maybe larger families are moving

FOR SALE: 1.89 Acre Building Lot in Fairview Heights

Build your dream home in the prestigious Fairview Heights Sub-Division. Very large prime building lot available in the prestigious Fairview Heights Sub-Division. 429 Hampton Gray Place offers a gently sloped 1.89 acre building lot with spectacular panoramic views surrounded by nice homes and backing onto beautiful green space . This amazing property is currently the largest residential building lot in the City of Nelson and has underground electricity to lot line, water and sewer both to lot line and connection fees have been pre-paid. A building site has been cleared and this lot is ready to start your build today. The property backs on to the popular Rails to Trails biking and walking

Thinking of Selling? Some Financial Points to Consider

Still have a way to go paying off your mortgage? Here are some things to consider. "Discharging" your mortgage Many people use the proceeds from the sale of their home to "discharge" or pay off their mortgage. If you have what is known as an "open" mortgage, you can pay it all off without any penalties. If you have a "closed" mortgage, be prepared to pay a penalty. The penalty amount will depend on a number of factors, including how much time is left on the term of the mortgage. If you're buying a new home, is your mortgage "portable"? A "portable" mortgage means you can take your mortgage money with you and buy a new home, without penalty. This can be a real bonus if the interest rate on yo

BC Housing Demand Remains Strong Despite Fewer Vancouver Home Sales

"Strong housing demand across most regions of the province offset slowing home sales in Vancouver last month," said Cameron Muir, BCREA Chief Economist. "The newly introduced 15 per cent foreign buyer tax combined with the 3 per cent property transfer tax on homes over $2 million brought in earlier this year, slowed demand at the top end of the market in Vancouver last month." ​ "The decline in the average home price was due to a change in the composition and location of homes sold in the province," added Muir. "Fewer sales of high priced detached homes relative to all other homes sales in Vancouver as well as fewer Vancouver home sales relative to the rest of the province has caused the ave

How to Prepare Your Home for Sale: Tip No. 8

Wash windows inside and out Rent a pressure washer and spray down sidewalks and exterior Clean out cobwebs Re-caulk tubs, showers, and sinks Polish chrome faucets and mirrors Clean out refrigerator Vacuum daily Wax floors Dust furniture, ceiling fan blades and light fixtures Bleach dingy grout Replace worn rugs Hang up fresh towels Clean and air out any musty smelling areas. Odors are a no-no For more Tips on How to Prepare Your Home for Sale, click here ​

FOR SALE: Ideal 5 Bedroom Family Home on Large Corner Lot

Enjoy the fully fenced private garden area in the back yard with mature fruit trees and lush vegetation or sit comfortably on the covered deck while taking in majestic views of Kokanee Glacier. The spacious kitchen boasts a gas range, plenty of counter and storage space and unique custom made cabinets. The arched peek-a-boo window and entrance into the dining room along with original hardwood floors give this home a warm heritage feel. Large windows allow for maximum light and views into the front, side, and back yard. Look out over the city and up the west arm of Kootenay Lake while luxuriating in the 2 person tub with oversize separate walk-in shower on the second floor. With 4 bedroo

Thinking of Selling But Not Sure If It's the Right Time: 6 Things to Consider

Decide when to sell Bottom line: In real estate, timing influences your home's selling price. 1. A buyer's versus a seller's market? When lots of people are looking for homes but not many are for sale, it's a 'seller's market', because the seller has something everybody wants. When there are lots of homes for sale and not many people buying them, it's called a 'buyer's market' because buyers have more power of choice. 2. How quickly do you need to sell your home? In a seller's market, top price and a fast sale can go hand-in-hand. In a buyer's market, more sellers are competing for your potential buyer. If you have to sell right now, consider lowering your asking price a bit to speed up the

FOR SALE: West Coast Contemporary Style 3 Bedroom Waterfront Home

One of the best locations on Kootenay Lake. This south-west facing waterfront home has an amazing sense of privacy and yet open and expansive lake and mountain views that are just stunning. A west coast contemporary style 3 bedroom 3 bath home with a custom design to take in the water views from almost every room in the home. The 0.43 acre property boasts a privacy gate as you enter onto the paved parking area and double garage. On the water you will find a huge dock to accommodate all your water craft and a convenient boat launch ramp as well. If you are looking for a waterfront home in this area, be sure to put this one on the must-see list. 5578 Hwy3A, Nelson, BC Price Reduced: $1,095,0

 

​JOHN KNOX - REALTOR®/OWNER, President  | Fair Realty | Nelson, BC | (p) 250.777.2500 | (e) john@johnknox.ca

© 2010 - 2018 by John Knox Personal Real Estate Corporation  | Photo of Nelson courtesy of Dave Loewen