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Low-Cost Ways to Boost Fall Curb Appeal
This article was reposted from Blue Matter by Michel Smith, Article Here
Ah, the power of an inviting outdoor facade! If you’re selling your home, it’s important to set the right tone outside so shoppers know to expect a fantastic interior. But it’s also just fun to enjoy the warm fall fuzzies when pulling in your own driveway. Here are some fall curb appeal ideas that are easy to pull off – and best yet, won’t break the bank.
Visit the Pumpkin Patch
Head to the nearest pumpkin patch and choose your favourites! You can flank your doorway with a few or get creative arranging clusters of pumpkins and gourds in various shapes, sizes, and colours. You can dress up the display and add height by mixing in hay bales, crates, or decorative baskets. For more bursts of fall colour, you can also add gourds to other landscape areas such as gateways and gardens.
Plant Autumn Flowers
Mums, pansies. and asters are excellent choices for fall. They can be planted in the front areas of plant beds for instant fall interest. You can also display them in pots or window boxes to add vibrant touches. While technically not flowers, other striking options include ornamental kale and cabbage.
Add Hardy Grasses
Along with annual plants, fall is a great time to incorporate switchgrass, fountain grass, or blue fescue into your landscaping. These additions introduce texture and movement to your garden and can withstand cooler temperatures.
Highlight the Front Door
With cooler temperatures, fall is an ideal time to give your front door a fresh coat of paint. Choose a bold colour to make a statement. Create a warm welcome by hanging a seasonal wreath made of natural materials like berries and twigs, along with touches of autumn foliage. You can also swap out your summer doormat for one with a fall theme or greeting.
Illuminate Your Landscape
Fall brings shorter daylight hours, so why not brighten up your landscape and highlight your home’s best features. Guests will appreciate the glowing welcome! Use spotlights to accentuate specific areas, such as driveways or large trees. Solar stakes are a good way to illuminate a walkway and come in a variety of styles and price ranges. As a bonus: Landscape lighting enhances security.
Welcome fall with open arms and enjoy the year’s most colourful season. Try one or all of these affordable ways to make the most of autumn and showcase your home.
Introducing Coldwell Banker G19 Realty, Brokerage, to Our Real Estate Network Across Canada
Building Success: Randhir Singh’s Vision for Coldwell Banker G19 Realty
(Brampton, ON – September 12, 2024)
We are excited to introduce Coldwell Banker G19 Realty, Brokerage, led by Broker/Owner Randhir Singh. Based in Brampton, Ontario, Randhir’s journey to becoming a prominent name in the Canadian real estate landscape is inspiring. Originally from India, Randhir moved to Canada in 2005 as a permanent resident and has called Brampton home ever since.
Expanding Expertise Across GTA and Waterloo Region
Coldwell Banker G19 Realty, Brokerage, will serve the Greater Toronto Area (GTA) and Waterloo Region, two of the most dynamic real estate markets in Ontario. With a specialized focus on new-built homes, Randhir is confident in providing clients with exceptional service and support.
A Track Record of Success in Real Estate
Randhir brings a wealth of experience, having worked as a realtor with HomeLife Miracle Realty since February 2019. His dedication and expertise have earned him multiple Platinum and Gold awards, solidifying his reputation as a top-performing realtor. In 2023, despite the challenges in the real estate industry, Randhir achieved over $10 million in sales, an impressive feat that speaks to his resilience and skill.
Broker/Owner Randhir Singh (left) and Sales Representative Virkramjeet Singh
G19: A Name with Legacy and Vision
The name “G19” holds special significance, representing Randhir’s vision for a group of amazing 19 individuals. G19 has been a successful brand in various sectors, including accounting, transportation, and construction, since 1999. Now, the G19 brand is expanding into real estate, with Coldwell Banker G19 Realty as the newest venture.
Randhir’s brokerage is finalizing the selection of 19 talented realtors to form the core team, a group that will help him realize his ambitious goals for 2025 and beyond. Beginning with Vikramjeet Singh, Sales Representative and G19’s first employee, Randhir is driven by a desire to grow the business and achieve milestones that have never been reached by a Coldwell Banker franchise in its first year.
Why Coldwell Banker?
When asked why he chose Coldwell Banker, Randhir shared his excitement about joining one of the fastest-growing real estate companies in Canada. He sees this partnership as the perfect platform to expand his business and bring his vision to life.
Looking Ahead
Randhir has big plans for Coldwell Banker G19 Realty. With a grand opening planned for the summer of 2025, the brokerage is already creating buzz in the real estate community. In the meantime, Randhir and his team will host a get-together this October to connect with clients, colleagues, and fellow realtors.
In his personal time, Randhir enjoys traveling, which adds to his well-rounded personality and contributes to his perspective on serving clients from diverse backgrounds.
Randhir and the entire G19 team are excited to embark on this new journey with Coldwell Banker, and they look forward to serving the GTA and Waterloo Region with the highest level of professionalism and expertise. Stay tuned for more updates as Coldwell Banker G19 Realty continues to grow and make its mark in the real estate industry!
About Coldwell Banker Canada: Founded in 1906, the Coldwell Banker brand is the most established residential real estate franchise system in North America. Fast forward over 100 years and the Coldwell Banker network is one of the most trusted in the world, with a global presence across over 40 countries and territories worldwide. The Coldwell Banker brand made its way to Canada in 1989 and has since gained a legacy of serving the real estate needs of Canadians from coast to coast for over 30 years. Since being acquired in 2021 by Canadian entrepreneurs Steve Houle and Karim Kennedy, the company strives to grow the brand’s presence on a national level. Coldwell Banker Canada is ready to make their mark in the Canadian Real Estate Market and transform the industry along the way.
For further information about Coldwell Banker Canada, please contact:
Ashley McClure
Coldwell Banker Canada
Direct: (780) 931-3489
ashley.mcclure@coldwellbanker.ca
For further information about Coldwell Banker G19 Realty, Brokerage, please contact:
Randhir Singh
Coldwell Banker G19 Realty, Owner/Broker of Record
Direct: (647) 294 – 6212
Office: (289) 901 – 0019
Email: G19realty@gmail.com
Website: G19Realty.ca
Bank of Canada New Rate Cut: What Does It Mean for Housing in Canada?
The Bank of Canada has made headlines once again by cutting its overnight policy rate by 25 basis points, bringing it down to 4.25%. This marks the third consecutive rate cut since June, and while the move aims to manage inflation and support economic growth, it also has significant implications for Canada’s housing market.
How the Rate Cut Affects Mortgage Rates
For many Canadians, the most immediate impact of the rate cut will be felt in variable mortgage rates. With the Bank of Canada lowering its policy rate, commercial banks have followed suit by reducing their prime rates. This directly influences variable-rate mortgages, making them more attractive to both homebuyers and current homeowners looking to refinance.
Variable-rate mortgages, which had lost favour during the previous rate-hiking cycle, are regaining traction. As the economy shifts, borrowers are beginning to benefit from lower rates, which could translate to reduced monthly payments. This trend is especially beneficial for those with variable-rate loans, as they stand to see their costs decrease in the coming months.
Market Insights: Will Lower Rates Revive the Housing Market?
Shaun Westlake, Vice President of Guiding Star Mortgage, shares a cautious view on the impact of the rate cuts on housing. According to Westlake, while the three consecutive rate reductions since June are a positive trend, their effect on home sales has been minimal so far. He notes that the 5-year fixed mortgage rates, which are influenced by the bond market, remain around the 5% range. The recent rate cuts were largely anticipated and have already been factored into current mortgage rates, limiting their immediate impact on affordability.
Westlake also highlights that many homeowners who secured low-rate mortgages during the pandemic may face financial strain when renewing at higher rates. This, coupled with ongoing affordability challenges, means that the recent rate cuts may not spark a significant resurgence in the housing market just yet. However, he anticipates that if rates continue to decline in the coming months, a stronger housing market could emerge by spring 2025.
CBC News, “Bank Interest Rate,” CBC.ca, https://www.cbc.ca/news/business/bank-interest-rate-1.7312774, September, 2024.
Optimistic Outlook for Canada’s Housing Market
The future of the housing market in Canada looks promising, with expectations of further reductions potentially bringing the overnight rate down to 4.0% by year-end and 2.75% next year, mortgage rates are set to become more affordable. This could create valuable opportunities for both new homebuyers and those looking to refinance their existing loans.
For prospective buyers and current homeowners, the recent rate cuts offer significant advantages. Variable-rate mortgages are becoming more attractive, and existing homeowners can benefit from reduced monthly payments.
Overall, while the market faces some hurdles, the ongoing rate reductions are likely to set the stage for a more vibrant housing market in 2025. Staying informed and prepared will be key for Canadians looking to capitalize on these evolving opportunities.
Information Referenced From:
https://guidingstarmortgage.com/bank-of-canada-cuts-rates-another-quarter-point/
https://www.cbc.ca/news/business/bank-interest-rate-1.7312774
On the Rise! Introducing Coldwell Banker The Realty Group, Brokerage
Brampton, Ontario Welcomes the Opening of a New Coldwell Banker Canada Franchisee
(Brampton, ON – September 2024) Coldwell Banker Canada is pleased to announce the opening of a brand-new franchisee to their global brand. Coldwell Banker The Realty Group, Brokerage have opened their doors for business at 1 – 20 Regan Road in Brampton ON, early in 2024, under the ownership of Satwant Sandhu. The new brokerage joins a global network of over 100,000 real estate professionals in over 40 countries and territories worldwide.
The new ownership team is poised to leverage their deep local real estate expertise and strong leadership skills as they roll out an ambitious growth plan. This strategic vision will not only launch Coldwell Banker The Realty Group but also set the foundation for long-term success, ensuring the brokerage is well-positioned for the future.
About Coldwell Banker Canada: Founded in 1906, the Coldwell Banker brand is the most established residential real estate franchise system in North America. Fast forward over 100 years and the Coldwell Banker network is one of the most trusted in the world, with a global presence across over 40 countries and territories worldwide. The Coldwell Banker brand made its way to Canada in 1989 and has since gained a legacy of serving the real estate needs of Canadians from coast to coast for over 30 years. Since being acquired in 2021 by Canadian entrepreneurs Steve Houle and Karim Kennedy, the company strives to grow the brand’s presence on a national level. Coldwell Banker Canada is ready to make their mark in the Canadian Real Estate Market and transform the industry along the way.
For further information about Coldwell Banker Canada, please contact:
Ashley McClure
Coldwell Banker Canada
Direct line: (780) 931-3489
ashley.mcclure@coldwellbanker.ca
For further information about Coldwell Banker The Realty Group, Brokerage please contact:
Satwant Sandhu
Coldwell Banker The Realty Group, Brokerage; Broker of Record
Direct line: (416) 684-1221
realtorsandhu7@gmail.com
Sustainable Living: An Easy Guide
Sustainable living has been a hot topic in recent years, and for good reason! As news of climate change and its impact becomes more prevalent, more and more people are trying to reduce their carbon footprint and live more eco-consciously. We have created an easy guide to help you understand what sustainable living is and how you can easily implement it in your life!
What is a Sustainable Home?
A sustainable home is designed to reduce environmental impact and operational costs. It uses low-impact, high-performance materials, and energy-efficient systems. Energy efficiency and quality materials are central to sustainability, reducing waste and improving longevity.
Tips & Features:
- Passive Solar Design:
Passive solar design involves strategic architectural planning to maximize the sun’s energy to heat and cool a building naturally. This design principle includes orienting the home so that the most sun-exposed areas are the ones that need warmth, such as living spaces. Large, south-facing windows can capture sunlight during the winter, while overhangs or shades block excessive heat during the summer. Materials like concrete or tile with thermal mass can absorb and slowly release heat, maintaining a more stable indoor temperature. This reduces the need for mechanical heating and cooling systems, leading to energy savings and a lower environmental impact. - High-Performance Windows:
High-performance windows are designed to significantly reduce energy loss, enhancing a home’s overall efficiency. These windows typically feature double or triple glazing, where multiple panes of glass are separated by air or gas-filled spaces to improve insulation. Low-emissivity (Low-E) coatings can further minimize heat transfer, reflecting infrared light while allowing visible light to pass through. Additionally, framing materials made from nonconductive materials, like vinyl, wood, or fiberglass, prevent thermal bridging, where heat escapes or enters through the window frame, improving the energy efficiency of the entire window unit. - Energy-Efficient Appliances:
Energy-efficient appliances are designed to perform their intended function using less energy than their conventional counterparts, often resulting in lower electricity bills and reduced environmental impact. Appliances with the ENERGY STAR® label meet strict energy efficiency guidelines set by regulatory agencies. These appliances, including refrigerators, washing machines, dishwashers, and more, often use advanced technologies like variable-speed motors and energy-saving modes to optimize performance while minimizing power consumption. - Drip Irrigation:
Drip irrigation is an efficient watering system that delivers water directly to the roots of plants, minimizing evaporation and runoff. This method uses a network of tubes, pipes, and emitters to apply water slowly and precisely to the plant’s base. Drip irrigation can be gravity-fed, using the natural force of gravity to move water through the system, or connected to a low-pressure pump. By delivering water directly to where it’s needed, drip irrigation reduces overall water usage, conserves electricity (especially in systems without pumps), and promotes healthier plant growth. - Eco-Paints:
Eco-paints are environmentally friendly paints that have low or zero volatile organic compounds (VOCs), which are harmful chemicals that can off-gas into the air, leading to indoor air pollution and health issues. These paints are made from natural or sustainably sourced materials, and they often have low odour during application and drying. By choosing eco-paints, you can create a healthier indoor environment, reduce the carbon footprint of your home improvement projects, and contribute to overall sustainability efforts. - Cool Roof:
A cool roof is designed to reflect more sunlight and absorb less heat than a standard roof. Cool roofs are typically made with reflective materials or coatings that have high solar reflectance and thermal emittance. By reducing the amount of heat transferred into the building, cool roofs can lower cooling costs, improve indoor comfort during hot weather, and extend the lifespan of the roof. Additionally, cool roofs can help mitigate the urban heat island effect, where densely built areas become significantly warmer than their rural surroundings. - Solar Panels:
Solar panels, or photovoltaic (PV) systems, convert sunlight into electricity, providing a renewable and sustainable source of energy for your home. By generating clean energy, solar panels reduce dependence on fossil fuels, lower greenhouse gas emissions, and can significantly decrease electricity bills. Depending on the size of the system and local energy costs, homeowners may see a return on investment over time through reduced utility bills, government incentives, and even selling excess energy back to the grid in some cases. - Smart Power Strips:
Smart power strips are designed to reduce energy waste by automatically cutting power to devices that are in standby mode or not in use. Unlike traditional power strips, smart power strips can detect when a device is not actively being used and shut off power to prevent “phantom” or “vampire” energy loss, which occurs when electronics consume electricity even when turned off. These power strips can be controlled manually, via a timer, or through remote sensors, making them a convenient and effective way to reduce overall energy consumption in a home. - Insulation Upgrades:
Upgrading insulation is one of the most effective ways to improve a home’s energy efficiency. Proper insulation in walls, floors, ceilings, and attics helps maintain a consistent indoor temperature, reducing the need for heating and cooling systems to work as hard. High-quality insulation materials, such as spray foam, fiberglass, or cellulose, prevent heat loss in the winter and keep cool air inside during the summer. Insulation upgrades can lead to significant energy savings, increased comfort, and a reduced carbon footprint by lowering overall energy consumption.
Types of Sustainable Homes:
- Shipping Container Homes:
Repurposing steel shipping containers into homes is a sustainable choice that reduces construction waste. These homes are durable, energy-efficient, and can withstand extreme weather conditions, making them ideal for various climates in Canada. With proper insulation and design, they offer a modern, eco-friendly living solution. - Zero-Carbon Homes:
Zero-carbon homes are designed to produce no net carbon emissions. They achieve this through high levels of insulation, airtight windows, and the use of renewable energy sources like solar panels. These homes are a key component in reducing Canada’s carbon footprint and promoting long-term environmental sustainability. - Tiny Homes:
Tiny homes are compact living spaces, usually under 400 square feet, that emphasize efficiency and minimalism. By reducing space, they inherently lower energy consumption and promote the use of sustainable materials. This makes them an excellent option for those looking to simplify their lives while minimizing their environmental impact. - Prefabricated Homes:
Prefabricated homes, or prefab homes, are built offsite in a controlled environment and then assembled on location. This method reduces construction waste and is typically more cost-effective than traditional building methods. Many prefab homes are now designed with sustainability in mind, including energy-efficient features and the use of eco-friendly materials. - Earthship Homes:
Earthship homes are designed for off-grid living, utilizing natural and recycled materials like earth-filled tires and bottles. These homes are self-sustaining, with systems for water collection, solar power, and temperature regulation through passive solar design. They are ideal for those seeking a lifestyle that is closely connected to the environment.
Simple Habits for Sustainable Living:
- Compost Kitchen Scraps:
Turn food waste into nutrient-rich compost instead of sending it to the landfill. Composting helps reduce methane emissions from landfills and provides valuable organic matter for your garden, enriching the soil and promoting plant growth. - Create an Energy-Efficient Garden:
Choose native or drought-tolerant plants that require less water and use mulch to conserve soil moisture. This reduces water usage and supports local biodiversity, creating a more sustainable garden that thrives with minimal maintenance. - Cold Water Laundry:
Washing clothes in cold water can significantly reduce your energy consumption, as heating water accounts for a large portion of energy use in laundry. This practice not only saves energy but also extends the life of your fabrics by being gentler on them. - Use Natural Cleaning Products:
Opt for eco-friendly cleaning products made from natural ingredients to reduce the presence of toxins in your home and minimize environmental pollution. Natural cleaning products are derived from ingredients like vinegar, baking soda, and essential oils, which are effective and safe alternatives to chemical-based cleaners. For example, vinegar can be used to clean glass and countertops, baking soda works well as a deodorizer and mild abrasive, and essential oils like lemon or lavender can add a pleasant scent while boosting cleaning power. Homemade cleaners can be easily mixed in spray bottles and used for various cleaning tasks, offering a healthier and more sustainable option for maintaining your home. - Houseplants:
Incorporating houseplants into your living space is a great way to enhance indoor air quality and bring a touch of nature into your home, especially if you don’t have a yard. Plants like spider plants, snake plants, and pothos are ideal for indoor environments as they are low-maintenance and can thrive in various light conditions. Houseplants help to filter pollutants from the air, increase humidity, and provide a calming aesthetic. They are also beneficial for mental health, offering a sense of tranquility and connection to nature. To care for houseplants, ensure they receive the appropriate amount of light, water them according to their needs, and use eco-friendly potting mixes to promote healthy growth. - Line-Dry Clothes:
Air-drying your clothes instead of using a dryer saves energy and reduces your carbon footprint. On rainy days, using dryer balls in the dryer can help reduce drying time and improve efficiency, further conserving energy.
Committing to sustainable living in Canada is about more than just reducing your environmental impact; it’s about making conscious choices that benefit both the planet and your quality of life. By adopting sustainable building practices and choosing eco-friendly homes, you are actively participating in the preservation of our natural resources and the reduction of harmful emissions. This commitment not only helps protect the environment but also ensures that you enjoy the long-term benefits of a healthier, more efficient living space. Sustainable living is a proactive choice that contributes to the well-being of the planet and fosters a legacy of environmental stewardship for future generations.
Information Referenced From:
https://blog.constellation.com/2020/01/07/ways-to-make-your-house-more-sustainable/
https://earth.org/sustainable-housing/
https://sustainabledesign.com/2602-2-2
https://thegoodhuman.com/container-home-vs-tiny-home/
https://natureloo.ca/our-blog/the-rise-of-off-grid-living-with-composting-toilets
https://theecohub.com/5-canadian-natural-cleaning-products-for-the-eco-conscious-home/
Late Summer Sales: How to Grab Buyers’ Attention in August
This article was reposted from Blue Matter by Jennifer McGuire, Article Here
Listing your home in the late summer might sound daunting. But selling a home in August can be a good strategy, as the market is typically active with buyers motivated to move for the new school year or to settle in before the holidays. Make your property stand out with these easy-to-implement strategies.
Leverage the Longer Summer Days
Longer days mean you have more daylight hours to show your home. Daytime showings allow sunlight to flood your rooms to better highlight architectural details, finishes and flooring. In general, natural light makes spaces appear larger, warmer, and more inviting.
Keep Up the Curb Appeal
First impressions are crucial. You’ll need to be at the top of your outdoor maintenance game. That means grass is always cut, weeds are pulled, and shrubs are trimmed. Other essential tasks include power washing the exterior, cleaning windows, and touching up paint where needed. Work with your real estate agent to understand the best way to bump up your curb appeal within your budget.
Show Off Your Outdoor Spaces
Maybe you have a spacious deck or a thriving garden. It’s worth spending a little time staging these areas to highlight them as extensions of your living space. Be sure these spaces are clean, inviting and free of weeds or debris. Consider adding some outdoor lighting to create ambiance and emphasize features like walkways, trees or sitting areas.
Add Seasonal Touches
Turn up the summertime charm with a few easy touches both outdoors and indoors. Add late-summer blooming plants like asters and mums near your front door. Place fresh, seasonal flowers around your home to add colour and fragrance. Incorporate pillows and throws in late summer colours like deep yellows and oranges. Another appreciated touch: Add a tray of lemonade and glasses to your counter or island for open houses or showings. Lastly, August can get hot and muggy! Keep your air conditioning running at a comfortable temperature so your guests have a distraction-free touring experience.
With a few extra steps, you can capture the magic of summer season and help potential buyers picture themselves relaxing on your deck with a cool drink. Remember these buyers are highly motivated, so make your property the one that shines!
Things to Do in Sarnia, Ontario
Whether you are looking for arts and culture, fine dining, farmers markets or a beach vacation, Sarnia is the place you want to be. Located where the natural azure waters of Lake Huron and the St. Clair River meet, Sarnia has one of the finest waterfronts in Canada, if not the world.
THINGS TO DO/VISIT IN SARNIA:
Pinery Provincial Park:
Pinery Provincial Park in Ontario comes with a beautiful beach, kilometres of rare forests and rolling dunes. It also has one of the highest-ranked sunsets in the world and is a truly breathtaking and unique place.
The park is located along Lake Huron near Grand Bend. Although there are countless scenic spots along Lake Huron, the Pinery has to be one of the most beautiful.
Canatara Beach:
The sandy beach located within Sarnia’s Canatara Park stretches nearly a kilometer along the shore of Lake Huron near the mouth of the St. Clair River. This urban beach has plenty of kid-friendly activities and is close to any urban comforts you might require.
Just how great is this beach? Canatara Beach is one of only 22 in Canada to have earned official Blue Flag status for its commitment to strict water quality and safety criteria.
Rock Glen Conservation Area:
Wind your way through Rock Glen Conservation Area, travelling over wide gravel trails, through Carolinian Forest, over bridges and down long staircases to explore the falls and experience the wonders of this hidden gem!
Imperial Theatre:
Built in 1919, the original Imperial Theatre in Sarnia operated until 1953, when a tornado devastated downtown Sarnia and leveled the theatre’s stage. While the rest of the theatre only suffered minor damage, the damage was too severe to allow the building to remain as a theatre, so the building was converted to office and retail space. The ‘Imperial’ theatre name returned to downtown Sarnia when the Capitol Theatre was renamed the Imperial Oil Centre for the Performing Arts. The Imperial Theatre receives many live concerts every month!
Waterfront Dining In Sarnia Bay:
At Sarnia Bay is where exceptional cuisine, stunning views, and warm hospitality come together for an unforgettable dining experience.
Lake Huron:
With its stunning natural beauty and abundance of recreational opportunities, Lake Huron in Sarnia, Ontario, is a paradise for boating, fishing, and watersports.
Refined Fool Brewing Company:
From humble beginnings using DIY converted maple syrup drums this successful brewery with 3 locations in Sarnia has an very diverse and tasteful beers menu.
Information Referenced From:
https://www.ontariossouthwest.com/on-the-water/beaches/canatara-park/
https://www.blogto.com/travel/2023/07/pinery-provincial-park-ontario/
Coldwell Banker Around the World: Nelson, BC
This article was reposted from Blue Matter by Sam Shalom, Article Here
Picturesque Nelson, BC, is set roughly halfway between Vancouver on Canada’s west coast and Calgary in the Canadian Rockies. Nestled in the Selkirk Mountains and set on the west arm of Kootenay Lake, the city of 11,000 residents is home (and vacation home) to people who love life outdoors in all four seasons. Nelson’s stunning natural architecture is bejewelled by the town itself—its waterfront, some 350 heritage buildings, a restored streetcar, a thriving arts and artisan scene and a rich offering of restaurants and live music.
“It’s a small town, but it’s got a big town feel,” says Kevin Arcuri, co-owner of Coldwell Banker Rosling Real Estate in Nelson. “People are continually amazed with what Nelson, for its size, offers.”
We caught up to Kevin after a showing and got him to talk a little more about Nelson, British Columbia, and what makes it so attractive to the anglers, hikers, single-track bike riders, photographers, skiers, snowshoers, paddle boarders, kayakers, beachcombers, gardeners, wildlife lovers, mountain climbers, artists, artisans, foodies and mountain types who either call it home, or who are counting the days until they can get back.
What’s the feel of the place?
There is a definite lifestyle here. Everybody has to work and has to make a living, but there’s something here called Kootenay Time. If we get 15 centimetres [half a foot, or so] of snow, you’ll experience Kootenay Time. Some businesses will put a sign in their window saying Back at Noon, and they’re away to enjoy the skiing while it’s there to be enjoyed. Everyone understands it. It’s a little quieter here in Nelson. It’s a little more challenging to get to because we’re not on the Trans-Canada Highway, but that’s also what keeps it quaint and feeling the way it does.
What’s a perfect weekend day for you?
Well, of course, I am a realtor, so…. but a perfect day these days would be getting up early and going cross country skiing with my wife or taking a drive along the lake. In the summer, I love to fish, as well. There’s a popular trail out of Nelson called Pulpit Rock that is good in spring, summer, winter and fall. There’s a good growing season here, too, so a perfect day would include some time in my garden. I start my garden in early April and we’re still getting food out of it in October. The garlic will be up in the spring. Tomatoes, onions, peppers, potatoes, carrots, artichokes. You name it, we can pretty much grow it here.
So, sitting at home and watching TV, not so big in Nelson?
Not ideally, not unless there’s a reason for that!
What are the main industries?
Originally, Nelson was a mining town. It has evolved. It has had to re-invent itself from being just an industrial-type town. What they ended up doing was undertaking a heritage revitalization program. They stripped the facades from the original buildings and now Nelson is full of original heritage buildings. We’re not designated as a resort community, but tourism has become a main draw. I hear it from clients from out of town all the time. They’re just amazed at how a small town can have so many high-quality restaurants. I was with some people from California, and they could not say enough about the restaurants and the quality of the food. They were blown away.
What are the major modes of transportation?
Car, definitely. We have great city transit. We have a streetcar that runs along the waterfront. But it’s an active town, too. E-bikes have become huge in Nelson.
What’s a little known but cool fact about Nelson?
I’m not sure if you remember it but there was a movie back in the 1980s called Roxanne, starring Steve Martin and…
Daryl Hannah, yes!
…it was a re-creation of the story of Cyrano de Bergerac, and it was filmed in Nelson around the time of the whole heritage building transition. It’s great to be able to pick out the sites from the movie here at home.
Is Nelson affordable?
When I started in the business 16 years ago, the average sale price was, probably, you could find a house for $250,000 (CAD). That’s your average three- or four-bedroom, 2,000 to 3,000-square foot house on a 6,000 square-foot lot. Now, we’re taking $600,000-plus. So, things have changed. But we still are more affordable than many of the mountain towns that Nelson gets compared to, including Fernie, Revelstoke, Squamish or Whistler. Nelson has very little vacancy as far as rentals go. We’re always below one percent there and it’s been that way for years.
What do you want people to know about Nelson?
It is worth checking out, for sure. I can’t tell you how many times I’ve heard from real estate clients that there is just something about this place. Everybody is friendly. The food is great. It’s got a low-pressure vibe. I’ll go back to what I’ve said before: it’s the lifestyle.
Territory summary
Nelson is in the Selkirk Mountains on the west arm of Kootenay Lake in the Southern Interior of British Columbia. Along with Castlegar and Trail, Nelson forms the population and commercial core of the West Kootenay region.
Key Facts
- Population (2016): 10,664 (area 25,000)
- Population change 2011-2016: + 3.1%
- Total private dwellings: 5,106
- Age cohort percentage: 0-14 (15.1%), 25-54 (41.2%), 65+ (18.7%)
- Major language spoken: English
- Currency: CAD
Industry Facts
- Median list price of homes in Nelson, January 2024 ($604,308). Source: Houseful
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Coldwell Banker Brand Announces Q1 Achievements
Coldwell Banker Real Estate Continues to Expand Horizons Globally and Maintains Strong Partnerships Domestically
This article was reposted from Blue Matter by Sam Shalom, Article Here
In the dynamic world of real estate, the Coldwell Banker® brand has been making waves across borders. The first quarter of 2024 witnessed remarkable achievements, both internationally and domestically. Let’s dive into the details:
Domestic Triumphs
$61 Million in GCI Retained: At home, the Coldwell Banker brand retained an impressive $61 million USD in Gross Commission Income (GCI) across 16 companies. This achievement underscores the brand’s commitment to excellence and strong partnerships in key markets.
Global Markets Flourish
35 New Offices Worldwide: the Coldwell Banker brand’s global footprint expanded significantly with the opening of 35 new offices across 10 countries. From bustling city centers to serene coastal towns, our brand is making its mark in diverse locations. Some of the highlights include:
- Coldwell Banker Egypt leading expansion efforts by adding eight new locations, across New Cairo, Mansoura City, and Zayed among other locations.
- Coldwell Banker Turkey affiliated seven new companies to maintain their number one position as the largest network outside of the United States.
- Coldwell Banker France & Monaco opened its first office in Marseille, the oldest city in France with second largest population, after Paris.
- Coldwell Banker Spain & Andorra opened an office on the prestigious Golden Mile in Marbella, a luxury enclave for Europe’s elite. Additionally, Coldwell Banker Unique opened in the Barrio Salamanca neighborhood in Madrid, the capital of Spain and key real estate market.
- Coldwell Banker Italy and Coldwell Banker Mexico opened four new locations each, while Coldwell Banker Portugal and Coldwell Banker Argentina added three apiece.
COLDWELL BANKER INTERNATIONAL WELCOMED THE FOLLOWING NEW COMPANIES IN Q1 2024:
Additionally, the brand welcomed the following 14 offices to existing international companies:
COLDWELL BANKER INTERNATIONAL
About Coldwell Banker Canada: Founded in 1906, the Coldwell Banker brand is the most established residential real estate franchise system in North America. Fast forward over 100 years and the Coldwell Banker network is one of the most trusted in the world, with a global presence across over 40 countries and territories worldwide. The Coldwell Banker brand made its way to Canada in 1989 and has since gained a legacy of serving the real estate needs of Canadians from coast to coast for over 30 years. Since being acquired in 2021 by Canadian entrepreneurs Steve Houle and Karim Kennedy, the company strives to grow the brand’s presence on a national level. Coldwell Banker Canada is ready to make their mark in the Canadian Real Estate Market and transform the industry along the way.
Real Estate Spring 2024 – Buckle Up
This article is a Guest Post by Chris Perkins, Broker/Owner, Coldwell Banker Maritime Realty in Halifax, NS.
Our office had the senior economic analyst from the Canadian Real Estate Association speak to us this week, and his message was clear: “Buckle up.” In a captivating and somewhat terrifying 45-minute presentation on the Canadian real estate market, he predicted a surge in activity as people, previously held back by high interest rates, get ready to jump on opportunities when Spring listings hit the market. While we haven’t seen the expected influx of listings yet, things are delicately poised, with homeowners gearing up for the busiest time of the year.
HRM Snapshot: Over the past 24 months, Spring has consistently seen home sale prices that were 10-15% higher than in Winter.
Where are prices going?
For those hoping for a drop in real estate prices, the outlook is not promising. Rising interest rates created intense pressure in the rental market. With a vacancy rate of less than 1%, the expensive rental rates are prompting people to consider buying again. Those entering the real estate market are likely to encounter far more competition than in recent times.
Why is there a housing supply shortage?
In 2023, Canada’s population grew by a staggering 1.2 million, surpassing the government’s target by 800,000. The pressing question: Where will these people live?
To meet rising demand, the government sees the need to construct 3.5 million homes, equivalent to 830,000 annually by 2030. Currently, we are only building 250,000 units so it seems completely impossible to meet that goal. On top of that, construction cranes dominating our skylines are not addressing the right housing needs – apartments vs single family. I own a wiener dog who I love dearly, but he barks at everything. The last place I want to be is in an elevator with him.
What about locally?
Looking at the local market in HRM (Halifax Regional Municipality), there’s a similar story to the rest of Canada. The influx of individuals from other countries and inter-provincial migration is creating significant pressure on housing in Halifax. As of now, the average price of a home is $575,000, marking an 8% increase from the last year. With just two months of housing supply (A Seller’s Market), there are only 750 homes on the market in an area with a population approaching half a million.
So, how do I navigate this?
For those thinking about their next steps, selling a home in this competitive environment allows you to leverage the demand to maximize property value. If upgrading is in your plans, the greater competition in lower price brackets allows you to sell at a premium while retaining negotiating power in higher brackets. However, first-time homebuyers have a tough task. I would recommend getting on the ladder, even if that means making concessions on your needs/wants list. What seems expensive now is likely to be even more so in the years to come. Once you own, you’ll benefit from rising prices by way of building value in your home, rather than chasing a market that could soon be out of reach.
Considering a move?
Contact Chris Perkins for expert guidance in navigating the complexities of the current real estate landscape. He will be with you every step of the way, ensuring you successfully achieve your real estate goals.
