Keeping you updated about what's happening in Real Estate and in the Fraser Valley!

Please visit our Open House at 34325 REDWOOD AVE in Abbotsford.
Open House on Saturday, July 26, 2014 2:00 pm - 4:00 pm
SUPERB established location close to all levels of schools, parks & recreation. Fantastic family home boasts 4 bedrooms, with suite potential as it's already plumbed & has cabinets in place. New windows throughout with extra "R" rated insulation in the attic help to keep the heating bills low. Flat, fenced backyard is perfect for the children and pets to roam & play. gas BBQ hook up on the 24'x16' covered deck. The 24'x16' covered cedar deck is the place you'll want to hang out with friends and family this summer! Both Sides have yard access that's a perfect place to put your trailer/boat. Excellent value in an excellent neighborhood!!
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I have listed a new property at 35259 McKee Rd in Abbotsford.

1/2 ACRE ESTATE! Meticulously manicured gardens and lawn, bordered with privacy hedges and mature trees. The long circular driveway adds to the privacy. The bright, grand entry leads to a curved staircase. Features 9' ceilings throughout the main floor with coffered ceilings and oak accent walls. Upstairs you'll find gorgeous wall shelving and a flex room; open the glass french doors to the first master bedroom with an updated spa-like ensuite. You'll love the partial updates which include ceramic flooring, tile work, new laminate, carpet & warm, earth tone paint on the main.

Enoy the full bar area and open concept 1800 sq ft basement complete with a rec/games room, a wine room, loads of extra storage, the 2nd master bedroom with it's own ensuite, as well as a 5th bedroom and 4th bathroom. There's over 4300 sqft total in this gorgeous home and has room for all types of families -bring the teenagers and/or the in-laws with you here!

The 28'x25' double garage has more than enough room for two full size larger vehicles and work benches. Could very easilt extend it to turn it into a 3 bay. Park your RV, boat or trailer or all of the above here, there two covered parking spots and room for 10 more.

Lots of little extras like automatic blinds, steam shower, built in vac and the hot tub with waterfall add to the list of features.

There's more than enough room on this sprawling lot to Build your own shop and/or add a pool. Situated in a very sought after neighborhood with many original owners.

Owners pride is evident here! Call me today and book your personal viewing.

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I have listed a new property at 35259 MCKEE RD in Abbotsford.
1/2 ACRE estate, meticulously manicured & bordered w mature trees & long, circular driveway. The bright, grand entry leads to a curved staircase, hi ceilings & glass doors to the 1st Master suite. The main floor boasts 9' coffered ceilingsw/ oak accent walls. The 1800 sq ft bsmnt has a full bar area, pool table, rec room & a 2nd master bdrm & 5th bdrm, wine room and loads of storage space also in the bsmnt & above the garage! Over 4300 sq ft of living space with updated ceramic, laminate flooring, new paint & carpet. The huge 28'x25' garage houses 2 lg size vehicles & work benches but there's also plenty of room to extend & turn it into a 3bay. Build a workshop & park your RV & boat here on this sprawling 1/2 acre- Move in today!
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No end in sight for Canada’s hot housing market

If you were expecting for things to start cooling down soon in our hot real estate market, think again. Analysts at TD Economics say there’s more to come with prices set to continue their ascent through to the end of this year at least. The economists’ report predicts an increase of 5-6 per cent in the next five months; in February they had predicted a flattening of the market. That earlier forecast was based on mortgage rates creeping up, but that hasn’t happened. The longer range predictions are for interest rates to rise, availability of properties to increase and for the market to cool; that will be well into 2015 though. TD Economics predict that the biggest growth in sales in the coming months will be Edmonton and Calgary, with employment and population increasing. There is a warning though for those looking to upgrade from a condo; the price of condos is predicted to drop by 2 per cent next year, while single family homes are likely to see an 8 per cent rise, making that transition tougher for families.  Read the full story.

 

Cold start shouldn’t damage the year overall

The Conference Board of Canada say that despite the tough start to the year due to the weather, Toronto’s housing market should end the year unscathed.   Their figures show that for the first quarter, sales were down by 9 per cent and new home starts down by 5 per cent on 10 year averages; with heavier than normal snowfall and lower than average temperatures hitting hard. Construction was affected less than sales as builders have equipment to deal with bad weather and can still begin developments. The Conference Board say that an uptick in both sales and construction since the winter should mean a ‘negligible’ impact on the year’s figures as a whole. Read the full story.

 

Vancouver sees 15 per cent price rise

The price of a single-family home in Vancouver will have increased by 15 per cent by the end of the year, according to estimates from Central 1 Credit Union. Their senior economist, Brian Yu is predicting a rise in the average rate of 5 year mortgages to 5.75 per cent in the next two years, up from 4.9 per cent now, but with increased prices and economic growth, the impact on the market will not be major. With a better jobs market, he is excepting immigration to rise over the coming years, giving further buoyancy to the housing market. Read the full story.

 

Economy heading in the right direction

The latest export figures show a larger-than-expected 3.5 per cent growth in May, a sign that the economy is improving. The trade deficit fell to $152 million as imports grew at a slower rate than predicted. The Statistics Canada report will be good news for those concerned that a slowing housing market need to be replaced by something else to boost confidence, especially in business. Read the full story.

 
 
 
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I have sold a property at 41665 HARE AVE in Yarrow.
Super charming rancher nestled in the country side! Wonderfully landscaped front yard, entire home & property is very well kept & rests on a private, corner lot. Large covered front patio is perfect for enjoying the summer sun & picturesque country setting. Features hardwood & ceramic tile flooring, stainless steel appliances, ceramic top stove, newer cupboards/counters, newly updated bathrooms & fresh paint throughout. The large laundry room has extra storage space. Also features a hot house on the back patio for those with a green thumb! Thermo windows help keep heating costs low. You must see this for yourself to fully appreciate the landscape & it's charm! Call today for your personal viewing.
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I have listed a new property at 2185 LYNDEN ST in Abbotsford.
Why pay strata fees? Own this 2,220 sqft with 4 bdrms 2 bathrooms. Nicely updated throughout with new laminate, carpet, some new windows, and a fresh coat of paint throughout. Two good sized bdrms up on the main and there's two moredownstairs with a rec room and a 2nd bathroom. Open concept living and dining areas. The new cedar deck overlooks the backyard. Walking distance to schools and shops & quick freeway access. Truly a rare 1/2 duplex with no strata fees and zero lot line with only garage attached to neighboring place. Separate yard is fully fenced which is great for children and pets.
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Keeping you updated about what's happening in Real Estate and in the Fraser Valley!