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With most of the buildings lifiing their exisitng age restrictions, the popualr question that i have been getting is what will happen to the market value of my property if the building decides to turn into a 55+ complex.   At this time frame, i'd like to look at a couple of recent data from 2 buildings: Queens Gate which is on General Currie and Sharon Manor on Granville, which are the onl ...

Hey everyone, Just wanted to send this message to few of the people i've talking with.  The reason why you received this video is because we've talked about real estate in one way or another.   So this message is to outline some new things that came across the real estate industry thats pretty much brand new to 2023.  First, the change of strata bylaws on two major sections:1. stratas ar ...

Rising mortgage rates brought uncertainty and caution in 2022   After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region t ...

So you;re about to receive you r property tax assessment in the mail, or if you dont want to wait or you don't receive it, you can look it up by googling "BC Tax Assessment" Here's a few quick things to know about your assessment.1. This assessment was conducted in July, which doesnt represent the current market2. This assessment is primarily for tax purposes.  Even though theyre for tax pur ...