FEATURED HOME OF THE WEEK

SPRAWLING VIEWS AND A MASSIVE 500 SQ FT PATIO

604 280 ROSS DRIVE, New Westminster, BC
2 bedroom | 2 bath | 975 sq ft

WE ARE TAKING SHOWING BY APPOINTMENT!

SPRAWLING VIEWS with this stunning 975 sqft home presenting a massive 500 sqft patio facing the QUIET SIDE of the building. Take advantage of modern interiors presenting warm updated flooring, expansive windows and chef’s kitchen with SS appliance, perfect for every day living with family and friends. Relax or entertain on your private outdoor entertaining hub overlooking the Fraser River, Mountains and City. The 2 bedrooms are located on opposite ends for max. privacy, the master with gorgeous city views, ensuite and WIC. Take advantage of 2 SECURE PARKING, locker, gym, amenity room in a solid concrete building with pets and rentals allowed. Located on Victoria Hill, residents are only steps from green spaces, schools, transit, shopping, restaurants & more.

 

CLICK HERE TO VIEW LISTING

 

If you’re interested in learning more about how to buy or sell your home in this market, click here to access our selling process. Of course, we’re always available for a call to chat further about how we can help you sell your home!!!

info@leeandpete.com
604- 729-5646

FEATURED HOME OF THE WEEK

Award Winning Concrete Frame Building In The Centre Of The West End

1203 1277 NELSON STREET, Vancouver, BC
2 bedroom | 2 bath | 948 sq ft

WE ARE TAKING SHOWING BY APPOINTMENT!

1277 Nelson, a highly sought after award winning concrete frame building in the center of the West End. This stunning 2bed/2bath presents a bright and open living space with floor to ceiling windows showcasing sweeping mountain and city views. Enjoy warm flooring, chef’s kitchen with SS appliances, fresh coat of paint and in-suite storage. Large CRF, new common areas renovated. Pipes have been replaced, and the strata owns a one bed suite and guest parking. This location is as central as it gets in the West End, short walk central Davie, Downtown Vancouver, English Bay as well as an elementary and high school. Move in ready in great condition, or update to your taste!

 

CLICK HERE TO VIEW LISTING

 

If you’re interested in learning more about how to buy or sell your home in this market, click here to access our selling process. Of course, we’re always available for a call to chat further about how we can help you sell your home!!!

info@leeandpete.com
604- 729-5646

FEELING ISOLATED AT HOME? ADOPT A DOG!

If it wasn’t hard enough to keep the little ones entertained at regular times, this extra burden of isolation really puts the pressure on. But, what a great time to adopt a pet. With everyone at home, training your new addition can be a breeze.

A pet at home can certainly fill the time and now there is one more reason to get a dog for the kids: researchers reveal that Fluffy can help improve your child’s reading ability.

Every year, the nation’s top educators reveal the dismal fact that large numbers of school-age children continue to face significant difficulties when it comes to their reading ability. To rectify this and help children enhance their reading levels, many schools and educational programs started to use therapy dogs as children’s “reading friends.” The idea is that the kids read to their dogs, one on one, and, by speaking out loud, stick with the assignment and learn to read.

Today, the popularity of and demand for programs that help children practice their reading skills with their furry friends are growing rapidly. Dogs come to schools and libraries regularly to help children improve their reading and communication skills as well as build up self-confidence.

Parents report positive results and improvements in their kids after these sessions and children can’t wait to see their reading partners again. There are several reasons dogs are a good influence on children and why canines are used in educational programs. Dogs can offer:

CONFIDENCE | STEADY COMPANIONSHIP | UNCONDITIONAL LOVE | COMFORT | STRESS-FREE FRIENDSHIP

So, if you’re still thinking of adopting a pet, but unsure how to proceed during this crisis, the BC SPCA (though they have reduced hours) is still encouraging people interested in adopting to view any available animals online. Maintaining the flow of animals into new, loving homes will enable them to continue helping new animals at risk, even with limited staffing.

View the amazing animals waiting for homes and fill out an online adoption application. The BC SPCA staff will contact you with more information and to set up an appointment for you to meet the animal.

As always, we are here to answer any questions or concerns.

Please call us today!

And, as always we are here to help. Contact us today for a free home evaluation. We can help you and potential buyers to see your home in its best light.

 

Get in touch with Vancouver’s top realtors to discuss the best opportunities for you in this market. 

info@leeandpete.com

604- 729-5646

SHOULD YOU BUY FIRST? OR SELL FIRST? THAT IS THE QUESTION.

If you own a home but want to buy a new home, the biggest decision that you may have is whether to buy the new home first, or whether to sell your old one first. The right answer is… yes. The reason for each is not the same for everyone. These are several important issues to consider that will help you to make the decision that best suits your needs.

Selling Your Home First

One benefit of selling your home first is that you will likely have some extra money for a down payment on a new home. Another perk is that you will not have to pay for two mortgages at the same time. Also, you may not have to reduce the price of your home to sell it quickly. If you were paying for two mortgages, you might be tempted to reduce your selling price, if you are in an urgent need to sell.

However, if you sell first, you may feel pressured to find a new home quickly. If your temporary housing situation is stressful, you might wind up settling on a property that is not ideal for your current or future needs. Additionally, you will need to move twice instead of once. Storage, moving and related expenses can be hard to manage if you have a limited budget.

Buying a New Home First

The biggest benefit of buying a home before you sell your current one is you may not feel pressured to make a hasty decision when you are shopping for a new home. You will have time to wait for the one that is right for your needs.

At the same time, financing may be an obstacle if you choose to buy a home first. When lenders look at your credit, they consider your debt-to-income ratio, and your current mortgage is part of the equation. If you find a home that you want to buy and qualify for it but cannot sell your current home immediately, you may be able to turn it into a rental property until you can sell it. Another option is to make a contingency offer on the new home, which means that you will buy the new home if you can sell your current one by a specific date.

There are other considerations that come into play here. Is the housing market currently a hot or cold? (A buyer’s market or a seller’s market?) If you are planning a long-distance move, you should research both markets carefully.

We, at Lee + Pete Vancouver Real Estate can help you make the right choice and we can advise you about current market trends, as well as predictions for the near future.

Call us today if you have any questions about buying or selling first.

And, as always we are here to help. Contact us today for a free home evaluation. We can help you and potential buyers to see your home in its best light.

 

Get in touch with Vancouver’s top realtors to discuss the best opportunities for you in this market. 

info@leeandpete.com

604- 729-5646

MARKET UPDATE- FEBRUARY 2020

Steady demand and low supply benefits home sellers

February saw steady home buyer demand and reduced home seller supply across Metro Vancouver.

Total home sales in the residential sector for February 2020 totalled 2,150, representing a 44.9% increase from February 2019 sales of 1,484 homes sold. Sales also increased by 36.9% from January 2020 where 1,571 homes were sold.

“Home buyer demand again saw strong year-over-year increases in February while the total inventory of homes for sale struggled to keep pace,” Ashley Smith, REBGV president states. “This was most pronounced in the condominium market.”

On the supply side, there were 4,002 newly listed homes comprising of the detached, apartment, and attached residences. This reflects an increase of 3.4% compared to homes listed in January 2020.

MLS current listings are 9,195 or a 6.7% increase compared to January 2020.

For all property types, the sales-to-active listings ratio for February 2020 is 23.4%. By property type, the ratio is 17.3% for detached homes, 26.9% for townhomes, and 28.4% for apartments.

Metro Vancouver benchmark price for all residential homes currently sits at $1,020,600 as indicated by the MLS Home Price Index composite. That is a 2.7% increase over the past six months.

February 2020 detached housing increased 52.9% (685) from February 2019 (448). Currently, the detached home benchmark sits at $1,433,900 a 1.9% increase over the last 6 months.

The benchmark price for apartments is currently $677,200. This represents a 3.6% increase over the past 6 months.

Lastly, Townhomes or attached homes, sales totals for February were 404, with the attached home benchmark price currently sitting at $785,000 a 1.7% increase over the past 6 months.

Get in touch with the top Vancouver real estate team to discuss the best opportunities for you in this market. We are never too busy to find the right strategy for you.

info@leeandpete.com

604- 729-5646

SPRING IS COMING ARE YOU DECK READY

Spring is just around that corner and that means it’s time to get the deck ready for those relaxing nights at home in your own backyard oasis.

Hanging out with your family or hosting friends on your old, dingy deck is not very appealing. Lucky for you, refreshing it doesn’t have to be difficult or expensive. Try your hand at the makeover ideas below!

Restore your decking. Depending on the shape it’s in, sometimes all your deck needs is a little love. If it’s still fairly new, your deck might just need a deep cleaning and a new coat of sealant. There is a multitude of deck finishing and cleaning solutions on the market to choose from to achieve this. However, if it’s more worn down, the rejuvenation process may be a bit longer, including searching for larger repairs, tightening any hardware, giving it a good cleaning, applying a stain, sealant, and paint, and more.

Add lighting. Ambient lighting can completely transform your outside space into a relaxing, cozy oasis. Consider adding solar lights that don’t require a plugin or battery replacement. The lights turn on automatically when the sun sets, making your deck come alive. You can also consider paper lanterns, rope lights, mason jar lamps, or small twinkle lights, depending on the style and mood you’d like to set.

Build a privacy screen. Privacy screens come in all styles, shapes, and sizes. Consider purchasing and installing bamboo fencing or lattice panels for a quick and easy solution. Or, if you are feeling a little more adventurous, you can build a wooden frame and grow climbing plants or vines or stretch outdoor fabric in between. Whichever route you end up choosing, make sure you get the most out of your efforts by evaluating all lines sight before building.

And, as always we are here to help. Contact us today for a free home evaluation. We can help you and potential buyers to see your home in its best light.

 

Get in touch with Vancouver’s top realtors to discuss the best opportunities for you in this market. 

info@leeandpete.com

604- 729-5646

EXCLUSIVE ASSIGNMENT OPPORTUNITY AT THE TRAILS – NORTH VANCOUVER

ASSIGNMENT AT THE TRAILS IN NORTH VANCOUVER

$1,349,000 | 3 bed plus den | 2.5 bath | 1,533 sqft

The Trails is a living experience immersed in nature. This collection of three-bedroom garden townhomes and duplexes will amount to over 300 homes, once the master-planned community by the Wall Group of Companies is complete. With idyllic paths criss-crossing the community and connecting to a wider system of North Vancouver trails and walkways, homes here are almost hidden in greenery.

Contemporary craftsman architectural style uses traditional materials to complement the history of the neighbourhood. Weathered brick, heavy timber, and shingles add a classic elegance that will endure as the community evolves. Double-height box windows, terraces, and rooftop decks merge outdoors with indoors, allowing nature to filter into your home.

+ End Unit
+ 2 parking / 1 storage
+ South facing terrace
+ Light colour scheme
+ 15% held in deposits
+ Upgrades to laminate flooring in bedroom and stairs, Appliance package and extra parking – around 35-37k in upgrades
+ Developer: Wall Group of Companies
+ Completion: Spring 2020

View the floorplans here

If you’re interested in learning more about how to sell your home, click here to access our selling process. Of course, we’re always available for a call or a coffee to chat further about how we can help you sell your home!!!

info@leeandpete.com
604- 729-5646

6 WAYS TO INCREASE THE VALUE OF YOUR HOME

While the value of our homes tend to generally appreciate over time. How much they appreciate will often depend largely on what you do with your home while you live in it. People who make regular upgrades to their homes often enjoy far greater returns on their real estate investments compared to people who just do basic regular maintenance.

While there are certainly home upgrades that you will enjoy, there are many that will help you get a better ROI when it comes time to sell. Here are six ways to improve the value of your home that you can also enjoy.

1. Finish your basement

There is probably no other project that can bring you a better ROI than a finished basement. In many cases, finishing off a basement can turn your 2,000 sq. ft. home into a 3,000 sq. ft. home, increasing your living space by almost a third. Creating an in-law suite or apartment is also a potential source of extra income. 

2. Install wood flooring

While carpeting, tile and even linoleum are still acceptable flooring options, there is probably no type of flooring in greater demand right now than wood flooring. A wide variety of options, ranging from engineered hardwoods to modern laminates are finding their way into even the highest-end homes. 

3. Create space

Where once homeowners wanted features like a separate dining room and walled-off kitchen, today’s home buyers are looking for open floor plans and light, airy spaces. If you have an older home that has several small, cramped rooms, you may want to invest in a structural remodel to open up the space and create a more open floor plan. While you are at it, you may consider investing in a skylight or even a simple sun tube to take advantage of natural light, which is another modern feature in high demand.

4. New roof 

While a roof may not be the “sexiest” of upgrades, it will definitely provide the best ROI overall. When new home buyers are looking for a home, the first thing they are going to want to invest in is renovating the interior to their own taste and style. They are far more likely to purchase a home that is structurally sound in every way, particularly when it comes to (literally) the roof over their head. 

5. Pay attention to the small details

While you may be used to the slight squeak the third step on your staircase makes or the chip in the tile in the bathroom, these are all relatively easy fixes that will go a long way towards convincing potential buyers that everything in your home is ship-shape. Conversely, while none of these small imperfections are going to affect the overall structural integrity of your home, they can all cumulatively lead to the vague impression of a home that has been neglected. If it’s chipped, worn, broken, cracked or frayed, it should be repaired or replaced.

6. Spruce up the bathrooms and kitchen

You want as large a pool of buyers as possible to be interested in your home, so you don’t want to invest a great deal in something that is very taste-specific. This doesn’t mean, however that you can’t give your kitchen and baths a goods sprucing up. Sometimes, a fairly inexpensive overhaul can actually give your kitchen and baths the same fresh, new look that a complete remodel would. Some inexpensive but worth-their-weight-in-gold upgrades are:

  • Replace frosted glass doors in bath for clear doors
  • Clean grout
  • Remove rust stains
  • Replace faucets
  • Install low-flush toilet
  • Replace toilet seat on older low-flush toilet
  • Apply new caulking
  • Update doorknobs, handles and cabinet pulls
  • Update vanity if old or outdated
  • Install new doors on kitchen cabinets

And, as always we are here to help. Contact us today for a free home evaluation. We can help you and potential buyers to see your home in its best light.

 

Get in touch with Vancouver’s top realtors to discuss the best opportunities for you in this market. 

info@leeandpete.com

604- 729-5646

FAMILY AFFAIR – THE POWER OF CHANGE

Get your family inspired, involved, and on the right track.

Just by making simple, subtle changes in our outlook and approach, we can initiate a world of change.

Be Open

One of the most beneficial skills that we can develop is the ability to listen. It’s surprising how many difficult family situations can be settled by just listening to what our partner, son, or daughter is trying to say. Initiating change is often a difficult thing to do, and most people are understandably resistant. Initiate change that involves diet or exercise, and we are pretty much asking our family to mutiny. Instead of forcing a new menu and fitness plan on our families, discuss it with them first. Ask them for their suggestions and welcome their feedback.

Children are easily influenced by their role models and the environment that surrounds them. Lead by example and remain positive. Making subtle adjustments to our language and tone while asking for opinions can instil a sense of empowerment. Asking our children for suggestions, or even criticism, can help us to understand their situation by looking at it from a completely new perspective. Allow your family time to adjust to changes and remain consistent and positive with the decisions you have made.

Be Inspiring

Connect with your family by spending time in the kitchen while preparing meals. Children enjoy cooking and it teaches them to follow instructions and exercise their creativity.

Kids love to be part of meal planning and relish getting their hands dirty when mixing and prepping foods. Simply by allowing our kids to be inventive in the kitchen and finding healthy menu solutions empowers them with knowledge and confidence.

One way we can get our teens involved is to ask them to surf the Internet for healthy recipes. Maybe, start with a basic ingredient (i.e. chicken or asparagus) and then allow their creative juices to flow with other meal ideas. You might be surprised to see them accompany you on your next trip to the grocery store in order to help you select their list of ingredients. Some teens may even wish to experiment in the kitchen themselves. Be sure to support and nurture their interest so it will grow.

Making cooking fun with new recipes and food choices can enhance relationships in our families.

Be Active

Activity can be both physical or mental and really just means that we are moving to make positive changes. When we promote movement in our lives and the lives of those around us, we create room for progression.

If we desire change, we have to actively create an environment for change to occur.

Look for ways to keep activities exciting for the whole family. Take the gang out to the beach, to the park, or just get everyone out to wash the car. It is so important to gather as a group and to share activities together. Shared experiences create fantastic relationships.

Value Relationships

The more compassionate we are in our relationships indicates who we are inside and teaches our children how to build valuable bonds with others.

By simply stepping back and understanding others, we can offer kindness and generosity in our interactions with them. It’s amazing how infectious a positive attitude can be and those around us will be sure to follow our example. Becoming a part of the community is a great way to get out of the house and teach our children about values. Join a community group or start one of your own.

Alter the Flow

In life, we’re often told to “go with the flow.” Meaning, the flow of energy, the flow of events as they unfold. The implication here is that we shouldn’t struggle against forces beyond our control. To do so is to expend valuable energy that’s better exerted elsewhere.

To initiate change, we need to alter the flow. As humans, we are artisans of change and have the ability to alter our journey any time we choose. Every day is a new day and every moment offers us a new opportunity to take charge of our lives and make positive changes that will not only effect ourselves but influence our families as well.

Create Balance

Balance is the key to our well-being. Balance in work and play; in health and wellness; even internally, our blood needs a balance between an alkaline and acid state. A healthy person displays a balance of physicality and psychology.

A great way to balance our lives is to spend time just doing things that make us happy. Investing time in ourselves allows us to become more attentive and productive with our work and with our families.

Imagine yourself a glass of liquid. If you are empty you have nothing to share, but if full, you have more to offer those around you. It all comes back to balance, and knowing when to give and when to receive.

Be Gentle

Our fast paced lives usually don’t allow time to enjoy precious moments. Letting go of negativity allows us to focus on the positive experiences in our lives.

With any process of change there is always an adjustment period. Be easy with yourself, relax and support your decisions without criticism or judgement. Be present in every moment and learn to accept and enjoy it for what it is.

If you are trying to accomplish a personal goal, let go of guilt and criticism that you may feel when you make a mistake. When we treat ourselves well, we set a precedent for the way others will treat us.

And, as always we are here to help. Contact us today for a free home evaluation. We can help you and potential buyers to see your home in its best light.

 

Get in touch with Vancouver’s top realtors to discuss the best opportunities for you in this market. 

info@leeandpete.com

604- 729-5646

CHOOSING THE BEST MATTRESS FOR YOU

You’ve got more options than ever when mattress shopping these days with no shortage of brick-and-mortar and online-only retailers to choose from. Here are the factors you should consider when you’re shopping for a perfect night’s sleep.

  1. Mattress construction: The most popular mattress types are inner spring mattresses, memory foam mattresses, and adjustable air mattresses. Each has pros and cons when it comes to durability and comfort customization.
  2. Firmness: Mattress firmness plays a huge role in the quality of your sleep. Mattresses that are too firm or too soft can cause aches and pains, so it‘s recommended that you test a mattress for 10- to 15 minutes in store before making a purchase.
  3. Sleeping position: Your mattress should match your sleeping style (side, back, face-down, etc.). You want a mattress that keeps your spine in proper alignment. For example, some mattresses are better for side sleepers, while others are better for back sleepers.
  4. Size: It’s not quite as simple as choosing between a king and a queen mattress. You should also consider your height, as some mattresses are a better fit for shorter people while tall people will want a longer mattress so their limbs aren’t hanging over the edge of the bed.
  5. Stability: For couples, you should consider how the mattress reacts when one person moves, so the other person’s sleep isn’t disturbed in the middle of the night.

And, as always we are here to help. Contact us today for a free home evaluation. We can help you and potential buyers to see your home in its best light.

 

Get in touch with Vancouver’s top realtors to discuss the best opportunities for you in this market. 

info@leeandpete.com

604- 729-5646

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