“But My BC Assessment Says…” a phrase we hear often and understandably so. BC Assessments offer a useful reference point, but they don’t always align with what’s happening in the market right now.
In this post, we’ll look at this month’s closed sales, comparing sale prices to BC Assessment values.
“But My BC Assessment Says…” a phrase we hear often and understandably so. BC Assessments offer a useful reference point, but they don’t always align with what’s happening in the market right now.
In this post, we’ll look at this month’s closed sales, comparing sale prices to BC Assessment values.
Everybody knows Sunshine Coast for its picturesque nature, and what better way to immerse yourself in its natural beauty than to spend a night (or more) in nature? The great thing about the Sunshine Coast is we’ve got something for everyone – whether you’re bringing the kids for their first camping trip or you’re the type who likes to disappear into the woods for a week. Just hop on the ferry at Horseshoe Bay from Vancouver and you’re in a different world. Here’s our take on four spots we love, from the easy ones right up to the adventures that’ll test your stamina.
As we continue to follow the re-opening plan set out by the Government of British Columbia, residents can start safely traveling within Canada. Visitors are allowed to get back to exploring their favourite spots in the beautiful Sunshine Coast again! Let’s discover some activities that you should add to your Sunshine Coast bucket list for this summer!
Head over to the sandy beaches of Porpoise Bay Provincial Park with the family to catch some rays! Whether you are looking to swim, paddle, or sit on the beach, this lake-like beach will be perfect for you and your kids. If you are interested in staying overnight, book one of the reservable camp spots just minutes away from the beach.
Take a quick 4km walk through an easy trail to Smugglers Cove to learn about the history of the park and how it got its name, Smuggler Cove. Along the way, you will be able to learn about the animals that currently still live here. Hikers will be rewarded with a beautiful look out onto the Georgia Straight.
Visit one of the most beautiful acts of nature and one of the great whitewater wonders of the world at Skookumchuck Narrows. After walking 4km through the trail, you can view the tides change twice daily. This unique tide change creates rapids perfect for professional extreme kayaking and diving.
If you have some time on your hands, try hiking the 180KM backcountry Sunshine Coast Trail. This beautiful trail travels through lakes and forests to 14 huts along the Coast. If you don’t have a full eight days or just want to get a taste before committing to the lengthy hike, try doing one of the day hikes to the huts!
Halfmoon Bay possesses some of the most breathtaking beaches, parks, and trails on the Sunshine Coast. The unique beauty of Halfmoon Bay has brought homebuyers in over the years and more recently, the past year which has led to an increase in final sale prices in the area. Discover how the past year has affected final sale prices in the area.
This June, detached homes in Halfmoon Bay had an average selling price of $830,100, a 0.2% decrease from May, however, a 38.9% increase from last June. Although there are few townhomes and condos in Halfmoon Bay, the overall average final sale price for all residential properties in the area was $825,900, a 38.8% increase from last June 2020.
Halfmoon Bay is a popular neighbourhood among families for many reasons, one of which being it is home to the outstanding Halfmoon Bay Elementary School, where Indigenous learning, early education, and career programs are offered to allow students of all backgrounds and levels to succeed. That being said, Halfmoon Bay is the perfect Sunshine Coast community to raise a family in your perfect single-family home in the area. To begin your search, check out how final prices for homes in the Halfmoon Bay area have changed over the past year.
Detached homes in Halfmoon Bay this past May 2021 sold for an average price of $831,500, a 43.1% increase from last May. Last May, the average selling price of a detached home was $581,000. The average sale price of residential properties (including townhomes and condos) sold for an average price of $827,300, a 43.0% increase from last year. Despite the overall large increase from last May, selling prices for housing in Halfmoon Bay have increased less than 2% from April 2021.
Homeowners on the Sunshine Coast have the opportunity to enjoy the stunning nature that is found in every community on the Coast. Whether you are looking for water or mountain activity or simply a stunning view, the Sunshine Coast can deliver. With the ongoing pandemic restrictions, limited indoor activities are allowed however, exploring nature in a COVID friendly way is encouraged and the perfect way to spend your day. Check out this compiled list of trails on the Sunshine Coast to get outside and enjoy everything the Sunshine Coast has to offer.
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The pandemic that began over a year ago has had a dramatic impact on the real estate industry. Being in lock down for months has given homeowners and prospective buyers the opportunity to reevaluate what aspects of their home is important to them and for many, it is relocating to suburban communities with more space and affordable housing.
For many, living close to the office has become increasingly less important with more flexibility and opportunity to work from home. With the commute no longer a prevalent issue, many homeowners are taking the opportunity to get out of the city to find more space in the homes, especially outdoor space. Homeowners in areas such as the Sunshine Coast, have the opportunity to enjoy more outdoor space to relax, engage in outdoor hobbies, and host friends and family. Additionally, the Sunshine Coast is surrounded by breathtaking nature everywhere you go, a luxury that downtown Vancouver residents miss out on.
With homeowners relocating outside the city, they have the opportunity to take a step back from the hustle and bustle of the downtown life and enjoy quieter communities. These suburban areas such as the Sunshine Coast, offer a more laid back lifestyle, with more affordable housing options.
As more homeowners are relocating to communities that include more opportunities for at-home outdoor space, Halfmoon Bay has seen an increase in demand for homes in the area. The majority of properties found in Halfmoon Bay include single-family homes, acreage homes, and land, creating plenty of opportunity for spacious dream homes. Halfmoon Bay’s laid-back and secluded-like atmosphere has been bringing homeowners to the community, especially since the COVID-19 outbreak over a year ago. Check out how this increase in demand has affected housing prices in the area.
Residential properties in Halfmoon Bay had a final selling price of $811,800, a 43.2% increase from last April that had an average selling price of $567,000. As for detached houses in Halfmoon Bay, this April, they sold for an average price of $816,500, a 43.3% increase from last year with an average selling price of $569,700.
If living away from the mainland all year round isn’t possible, but you can’t help but spend your days searching for your next summer rental then, it may be time to consider investing in a summer home. Not only will you be able to find your perfect home away from home, but if you decide to rent your Sunshine Coast property, it can also be a financially rewarding decision. Whether you are looking for a dream waterfront property or a quiet cottage up in the trees, the Sunshine Coast has the perfect neighbourhood for you!
Explore some awesome neighbourhoods for your next summer getaway home:
Halfmoon Bay is a small community located past Sechelt and roughly 40 minutes away from the Langdale ferry terminal resulting in a great option for a relatively quick escape. This neighbourhood is the perfect summer getaway with stunning beaches, loads of water activities, breathtaking hikes, and the secluded feeling you may be seeking. Additionally, there is a mix of properties you can find here. Some property types include ocean views, large family homes, and even the opportunity to build a brand new home from scratch to make it truly the perfect getaway.
If you are looking for an even more secluded and water-centric community, then consider checking out Pender Harbour. Just 20 minutes past Halfmoon Bay is the community of Pender Harbour. With tons of small bays and communities, you will be sure to find your perfect getaway home here!