Wednesday, July 31, 2013
SOLD! 11140 Blundell Road Home for Sale in Richmond BC
11140 Blundell Road
Richmond, British Columbia, V6Y1L3, Canada
VANCOUVER BC HOMES
VANCOUVER BC REAL ESTATE FOR SALE
House | Townhouse | Apartments-Condos | Real Estate
Richmond | Vancouver | Ladner | Tsawwassen
Thank you for visiting our video. We specialize in the purchase and sale of residential housing in Richmond, British Columbia. Whether you are relocating within Richmond, searching for an investment property, or leaving Richmond for another area, my experience can help you make the right decisions. Please contact us or take your time exploring my channel and make use of the resources available to you.
Please visit:
http://www.michaelcowling.com or
http://www.michaelcowling.com-11140-blundell-road-richmond-bc-v6y1l3-canada
for more information.
Call Michael Cowling at 604-276-2335 or email him at mc@michaelcowling.com for showings.
Property Information:
Sub Area: McLennan
MLS® No. V1043265
Bedrooms: 6
Bathrooms: 3
Total sq.ft.: 114,200
Description:
2.621 Acres 85.3 X 1338.8 = 114,200 on Blundell Road between No 5 and Shell AG1 Zoning. We kept 6 bedroom 3 bathroom home with in-law suite down. Two kitchens completely renovated with granite counter tops. Up Has Engineered Harwood flooring with enclosed sundeck. Downstairs has a large solarium and small greenhouse. Central Air Conditioning. Front yard has fish pond with Koi fish and heated storage room. Back yard has a 4 car garage, 2 sheds and a huge field of blueberries. Close to transportation, Ironwood Mall and 3.5 Kilometers to Richmond Square.
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RE-MAX Michael Cowling And Associates Realty - Serving Richmond, Vancouver, Ladner, and Tsawwassen
http://www.michaelcowling.com
FOLLOW me on FACEBOOK
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Tuesday, July 30, 2013
SOLD! #209 - 8180 Jones Road Central Condo for Sale in Richmond BC
#209 - 8180 Jones Road, Richmond BC, V6Y 3Z6, Canada
RICHMOND BC HOMES
GREATER VANCOUVER BC REAL ESTATE FOR SALE
House | Townhouse | Apartments-Condos | Real Estate
Richmond | Vancouver | Ladner | Tsawwassen
Thank you for visiting our video. We specialize in the purchase and sale of residential housing in Richmond, British Columbia. Whether you are relocating within Richmond, searching for an investment property, or leaving Richmond for another area, my experience can help you make the right decisions. Please contact us or take your time exploring my channel and make use of the resources available to you.
Please visit:
http://www.michaelcowling.com or
http://www.michaelcowling.com/209-8180-jones-road-richmond-bc-v6y-3z6-canada/
for more information.
Call Michael Cowling at 604-276-2335 or email him at mc@michaelcowling.com for showings.
Property Information:
Sub Area: Brighouse South
MLS® No. V1038510
Bedrooms: 2
Bathrooms: 2
Total sq.ft.: 926
Description:
Resort style "Laguna" by Polygon. Gated complex. features 2 good sized bedrooms, 2 Full baths, bright, open, & spacious layout. Large master. Good sized west deck to enjoy the sunshine. Convenient, central location. Close to schools, shopping and transit.
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RE/MAX Michael Cowling And Associates Realty
Serving Richmond, Vancouver, Ladner, and Tsawwassen
http://www.michaelcowling.com
FOLLOW me on FACEBOOK
http://www.facebook.com/michaelcowlingrealty
FOLLOW me on TWITTER
https://twitter.com/#!/MichaelCowling
Thursday, July 25, 2013
SOLD! #11 - 11500 No 1 Road 3 Bed 2.5 Bath Townhome Richmond BC
This property is now SOLD click the link on the video for more properties!
#11 - 11500 No 1 Road,
Richmond BC, V7E 6E2, Canada
RICHMOND BC HOMES
GREATER VANCOUVER BC REAL ESTATE FOR SALE
House | Townhouse | Apartments-Condos | Real Estate
Richmond | Vancouver | Ladner | Tsawwassen
Thank you for visiting our video. We specialize in the purchase and sale of residential housing in Richmond, British Columbia. Whether you are relocating within Richmond, searching for an investment property, or leaving Richmond for another area, my experience can help you make the right decisions. Please contact us or take your time exploring my channel and make use of the resources available to you.
Please visit:
http:--www.michaelcowling.com or
http:--www.michaelcowling.com-11-11500-n
for more information.
Call Michael Cowling at 604-276-2335 or email him at mc@michaelcowling.com for showings.
Property Information:
Sub Area: Steveston
MLS® No. V1014082
Bedrooms: 3
Bathrooms: 2.5
Total sq.ft.: 2,025
Description:
Popular Magnolia Court. Bright south fenced yard 3 bedroom 3 bathroom family room off the kitchen. Plenty of storage Close to all levels of schools, transit and Steveston Village, shopping, entertainment and all amenities. 2 parking spaces well run self-managed 12 unit complex.
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RE-MAX Michael Cowling And Associates Realty
Serving Richmond, Vancouver, Ladner, and Tsawwassen
http:--www.michaelcowling.com
FOLLOW me on FACEBOOK
http:--www.facebook.com-michaelcowlingre
FOLLOW me on TWITTER
https:--twitter.com-#!-MichaelCowling
Friday, July 19, 2013
SOLD #202 - 2240 Wall Street Condo for Sale in Vancouver BC
#202 - 2240 Wall Street
Vancouver, British Columbia, V5L 1B6, Canada
VANCOUVER BC HOMES
VANCOUVER BC REAL ESTATE FOR SALE
House | Townhouse | Apartments-Condos | Real Estate
Richmond | Vancouver | Ladner | Tsawwassen
Thank you for visiting our video. We specialize in the purchase and sale of residential housing in Richmond, British Columbia. Whether you are relocating within Richmond, searching for an investment property, or leaving Richmond for another area, my experience can help you make the right decisions. Please contact us or take your time exploring my channel and make use of the resources available to you.
Please visit:
http:--www.michaelcowling.com or
http:--www.michaelcowling.com/202-2240-w
for more information.
Call Michael Cowling at 604-276-2335 or email him at mc@michaelcowling.com for showings.
Property Information:
Sub Area: Hastings
MLS® No. V1016616
Bedrooms: 2
Bathrooms: 1
Total sq.ft.: 900
Description:
BREATHTAKING VIEWS from this SW facing, 900 sq.ft 2 bed end unit. Open your entry door and you see views of, Stanley Park, Lions Gate Bridge, Ocean & North Shore Mountains, views also from Living room and dining area, 2nd bedroom, and kitchen Large house size rooms, open kitchen. Balcony great for barbeques & gets plenty of afternoon sun for plants, relaxing and entertaining. In suite laundry, the "Landmark Edgewater" building is well maintained. One small dog or 2 cats allowed. 2 rentals allowed Desirable Wall Street, plenty of parks and shops close by, minutes from downtown, # 1hwy and North Shore. Secured Parking #8 Storage Locker 202. Common area bike room storage available.
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RE-MAX Michael Cowling And Associates Realty - Serving Richmond, Vancouver, Ladner, and Tsawwassen
http:--www.michaelcowling.com
FOLLOW me on FACEBOOK
http:--www.facebook.com-michaelcowlin...
FOLLOW me on TWITTER
https:--twitter.com-#!-MichaelCowling
Saturday, July 6, 2013
Balanced conditions provide a stable backdrop for today’s home buyers and sellers
The Greater Vancouver housing market continues to maintain a relative balance between the number of homes for sale and the number of people looking to purchase a home in the region today.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,642 on the Multiple Listing Service® (MLS®) in June 2013. This represents an 11.9 per cent increase compared to the 2,362 sales recorded in June 2012, and an 8.3 per cent decline compared to the 2,882 sales in May 2013.
Last month’s sales were 22.2 per cent below the 10-year sales average for the month, while new listings for the month were 11.5 percent below the 10-year average.
As the term suggests, a balanced market means that many of the key housing market indicators, such as price, are stable and conditions therefore don’t tilt in favour of buyers or sellers.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,874 in June. This represents a 13.2 per cent decline compared to the 5,617 new listings reported in June 2012 and a 13.8 per cent decline from the 5,656 new listings in May of this year.
The total number of properties currently listed for sale on the MLS® in Greater Vancouver is 17,289, a 6 per cent decrease compared to June 2012 and a 0.4 per cent increase compared to May 2013.
The sales-to-active-listings ratio currently sits at 15 per cent in Greater Vancouver. This is the fourth straight month that this ratio has been at or above 15 per cent.
The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is currently $601,900. This represents a decline of three per cent compared to this time last year and an increase of 2.3 per cent compared to January 2013.
Richmond
Sales of detached properties on the MLS® in June 2013 reached 115, a increase of 51.32 per cent from the 76 detached sales recorded in June 2012, and a 27.22 per cent decrease from the 158 units sold in June 2011.
Attached property sales in June 2013 totalled 72, a 22.03 per cent increase compared to the 59 sales in June 2012, and a 16.27 per cent decrease from the 86 attached properties sold in June 2011.
Sales of apartment properties reached 121 in June 2013, a 7.08 per cent increase compared to the 113 sales in June 2012, and a decrease of 12.95 per cent compared to the 139 sales in June 2011.
Source Real Estate Board of Greater Vancouver
Tuesday, June 11, 2013
New Family Law Act - major changes to division of property and debt
The new Family Law Act came into force on March 18, 2013, replacing the outdated Family Relations Act (1979). The legislation was developed after consultation with more than 500 organizations, community groups, the legal community and other stakeholders.
It aims to meet the changing needs of families, including common-law families, which are growing at a rate four times faster than married couples, according to the BC Ministry of Justice.
Property division
Under the old Family Relations Act, when a married couple separated, assets including property owned by one spouse before the marriage were subject to presumptively equal division unless the court found grounds to “reapportion” property and bring about an unequal division (for example to take into account then length of the marriage or an inheritance).
The old Family Relations Act did not apply to unmarried couples. While unmarried couples could apply to court for a division of property pursuant to the common law principle of “unjust enrichment”, this provided less certainty due to the absence of statutory provisions guiding the division of assets for those couples.
Under the new Family Law Act, unmarried couples who have lived together in a marriage-like relationship (common law) for at least two years are considered to be spouses and are treated the same as married couples for the purposes of property division.
Now if a couple separates, the general rule is that all couples, whether married or common law, will share equally the family property and debt that accrues during the course of their relationship.
What is family property?
Family property is all property that either spouse owns at separation, regardless of whose name it is in, including the family home, RRSPs, investments such as shares, income tax refunds, bank accounts, and insurance policies and pensions, unless the property is excluded.
What is excluded property?
Excluded property includes property acquired by a spouse or held in trust before the relationship, gifts or inheritances, settlements or awards of damages, and money paid under an insurance policy, other than a policy respecting property. The exclusion does not include increases in value during the relationship, however. The value of this property as of the later of the date of the commencement of the relationship, or the date it was acquired generally will not be shared upon separation.
For example, if one spouse owned a home valued at $600,000 at the beginning of the relationship and in three years the home increased in value to $750,000, differ providing title to the house remained in that first spouse’s name, he or she would premumptively be entitled to retain the original value – $600,000 and one-half of the increase in value that accrued during the relationship – $75,000. The other spouse would also prenumptively be entitled to $75,000.
Debt
Debt accrued during the relationship is also presumptively equally shared. This includes mortgages, loans, bank lines of credit or overdrafts, credit cards, income tax, repair costs.
Written and co-habitation agreements
Common law couples who do not want the property division rules to apply to them, can opt-out by preparing a written agreement and divide their property and debt as they see fit. Couples can also enter into a co-habitation agreement. The court will have less ability to overturn these agreements than in the past providing that certain conditions such as full financial disclosure are met.
As always, it is in the best interest of clients to advise them to get legal advice.
Source: Real Estate Board of Greater Vancouver
Sunday, May 12, 2013
Spring delivers greater balance to Greater Vancouver housing market
A closer relationship between home buyer demand and the supply of homes for sale has been having a stabilizing impact on home prices in the Greater Vancouver housing market over the last three months.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,627 on the Multiple Listing Service® (MLS®) in April 2013. This represents a 6.1 per cent decrease compared to the 2,799 sales recorded in April 2012, and an11.9 per cent increase compared to the 2,347 sales in March 2013.
Last month’s sales equate to the lowest April total in the region since 2001 and 20.9 per cent below the 10-year sales average for the month.
While the number of home sales remains below average, properties that are priced right are selling and we’re seeing greater balance between buyer demand and the number of homes listed for sale. This is having a steadying influence on home prices in the region.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,876 in April. This represents a three per cent decline compared to the 6,056 new listings reported in April 2012 and a 21.4 per cent increase from the 4,839 new listings in March of this year. Last month’s new listing count was 0.4 per cent above the region’s 10-year new listing average for the month.
The total number of properties listed for sale on the MLS® in Greater Vancouver is 16,730, a 1.2 per cent increase compared to April 2012 and an 8.2 per cent increase compared to March 2013.
The sales-to-active-listings ratio currently sits at 15.7 per cent in Greater Vancouver. This is the second consecutive month that this ratio has been above 15 per cent. Previous to this, May 2012 was the last time this ratio was above 15 per cent.
There have been modest increases in home prices across the region over the last three months. This comes on the heels of home price declines of approximately five to six per cent in Greater Vancouver during the last half of 2012.
Richmond
Sales of detached properties on the MLS® in April 2013 reached 109, a decrease of 4.39 per cent from the 114 detached sales recorded in April 2012, and a 23.77 per cent decrease from the 143 units sold in April 2011.
Attached property sales in April 2013 totalled 93, a 30.99 per cent increase compared to the 71 sales in April 2012, and a 13.88 per cent decrease from the 108 attached properties sold in April 2011.
Sales of apartment properties reached 148 in April 2013, a 22.31 per cent increase compared to the 121 sales in April 2012, and a decrease of 10.44 per cent compared to the 134 sales in April 2011.
Source Real Estate Board of Greater Vancouver
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