Nanaimo Real Estate Blog | Island Home Group

Is it time to downsize your home?

Downsizing is common for homeowners whose children have since moved out and started their own families. For many retirees, the draw of downsizing includes less maintenance, lower taxes, and living in a neighbourhood suited to their current needs. Here are a few signs that it’s time to downsize your home:

You Have Unused Rooms

A large family home was ideal for raising children, hosting sleepovers, and kid’s birthday parties. However, once your kids are grown and moved out, you may find these rooms get used less. If you find yourself living in a large house with multiple “guest rooms” or unused rooms, you should consider downsizing. Not only does downsizing make better use of space but also while we’re talking downsizing tips for your retirement,

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What you should know before renting your nanaimo home

Renting your home or a suite in your property is a great way to offset mortgage costs and make a little extra income. Plus, being a university town, Nanaimo has a constant need for rental properties. However, there are a few things you should consider before investing in Nanaimo real estate to rent. Here are some significant things to think about before becoming a landlord:

Is the Suite Legal?

As with any building, you must make sure to take the proper proceedings to legalize the dwelling. This means making sure the structure was built under the correct building code and that all safety features are compliant with the Zoning Bylaw and BC Building Code.

This may mean you must invest time in significant research since laws pertaining to

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improve the value of your home this summer

Whether you're looking to increase your property's appraisal value or just improve your living space, getting started on home improvements can be a daunting process. With housing prices increasing, there is no better time than now to invest in your Nanaimo home and capitalize in its value. Even though this is an ever-shifting market, one thing always remains true: there are certain elements in your home that can greatly increase property value with simple renovation or design changes that you can easily tackle.

You're likely asking yourself, "How do I prioritize home improvements that will increase the value of my home, without breaking the bank?" The answer is to focus on projects that will pay up to five times the original cost.

Here are five

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How to buy your first home in Nanaimo, BC

Nanaimo is one of the fastest-growing cities in Canada, and for good reason. With a mild climate, breathtaking coastal scenery, and a growing number of amenities for residents of every age, our beautiful city has a lot to offer. However, it's no secret that Nanaimo's real estate market is booming, and current homeowners are consistently surprised when they find out how much their home is worth. 

Unfortunately, many eager first-time home seekers are finding that rising home costs are pushing their dream of home ownership further from reach. If you're sick of renting and are ready to own, here's what you need to know about buying your first home in Nanaimo's hot housing market: 

1) Set Realistic Expectations & Stay Positive

Many first-time

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5 ways to stage your nanaimo home for sale

If you are planning to put your house on the Nanaimo real estate market, you most likely want to sell as quick as possible, and get the highest return on your investment. Setting the stage for seller's success doesn't mean you have to break the bank. Upgrade and upstage with these 5 tips for home improvement.

1. Freshen Up Your Frontage

Grounds looking untidy? It's critical to spend time taking care of the outside of your property, as the setting is one of the first things homebuyers will notice when they arrive. Even if your house is not a million-dollar property, some people are sold on the grounds alone! Homebuyers will look everywhere, so it's a great idea to take care of all the nooks and crannies. Manicure the lawns, put down fresh soil,

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Random

The Island Home Group is heading East next week - the team is thrilled to be exclusively representing Vancouver Island real estate at the 2016 Calgary Home and Garden show! We'll be highlighting the best of the Island to our Albertan neighbours, chatting about the current market, leisure and tourism, investment opportunities and more. Our team is truly passionate about Island living, and we can't wait to share our enthusiasm with guests of the home show. 

If you've been thinking of making a move to the Island, or just escaping the Calgary cold for a coastal getaway, we've got an exciting offer for you - the Island Home Group will be giving away a flight voucher and hotel credit to make your Island dreams a reality! Stop by and visit us at booth #47

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  We are thrilled to announce Layzell Dreger Walton and Associates is ranked as the #1 Team on Vancouver Island according to the Re/Max Western Canada annual stats!   2015 was an exciting first year for our team - we expanded our staff and were able to reach $37,000,000 in collective sales volume. These figures ranked us #1 of the Vancouver Island teams, 25th in British Columbia, and 33rd in Western Canada for the year.   To our team, these statistics mean so much more than a dollar value - these figures represent the clients we were able to find the perfect home for, the relationships we were able to cultivate, and our close-knit team that we continue to build.   We are incredibly grateful to our family, friends and clients that…
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best-nanaimo-restaurants

At the Island Home Group, we believe in supporting and celebrating the best local businesses the Nanaimo area has to offer. We’ll be using our blog to share some of our favorite things to see, do and eat with you - and we couldn't be more excited! With Valentine's just around the corner, we thought we'd kick things off with a round up of our favorite restaurants to take that special someone in your life to. Whether you're searching for a classically romantic destination or something a bit unconventional - we've got you covered.

 

Asteras

Consistently packed and always delicious, Asteras brings the very best of Greek cuisine to Nanaimo. Reservations are a must - even with one, you may still find yourself lined up outside for a table. Regulars

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Earlier this month, you should have received your property value assessment from the BC Assessment Authority. Due to last year’s strong housing market, you may have seen a spike in your home’s assessed value. Homes in Nanaimo were assessed at an average price of $336,200 this year, up from $319,800 in 2015. What many homeowners don’t realize is that this amount does NOT necessarily represent the market value of your home. In truth, the assessment value is used by municipal governments to determine how much you will pay in property taxes.

As REALTORS our team can help you  

A)     Dispute your assessment value - If you believe your assessment could be wrong, we can provide you with all of the previous sales and listings in your neighbourhood and

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nanaimo-eventsThe Harbour City is famous for a lot of things: coal, Nanaimo Bars, and the Nanaimo Marine Festival. Thousands attend the annual bathtub races where brave riders face the elements and race the treacherous waters of the Salish Sea in a bathtub. But did you know that there are other festivals and events that take place in town, none of which involve bathtubs? If you're visiting Nanaimo, and looking for something fun to do other than attend the bathtub races at the Nanaimo Marine Festival, read on.

Nanaimo Kinsmen Beer Festival

Early April
Beban Social Center
$30 per person (includes commemorative sampling glass and 5 sampling tickets)

Craft beer lovers unite. The Nanaimo Kinsmen Beer Festival is the Vancouver Island’s largest celebration of local and

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