FOLLOW
@AMITMANHASREALESTATE
My blog is written with you in mind; to help answer your questions and share professional insights so you can reach your real estate goals with ease.
I'm Amit
MARKET REPORT
SELLING
BUYING
In real estate markets like Vancouver, many condo owners purchase their homes intending to sell and upgrade to a fully detached home, usually by way of a townhome. Unfortunately, finding an affordable upgrade has become increasingly difficult, and for some, impossible.
But, those who pay attention to the REBGV market stats will have noticed the price gap between detached homes and townhomes is closing.
Let’s looks at some defining market stats of townhouses vs detached from October to December 2022
DETACHED | TOWNHOUSE | |
OCTOBER | 4,017 | 1,542 |
NOVEMBER | 3,672 | 1,427 |
DECEMBER | 3,008 | 1,137 |
Difference Oct – Dec | -1009 | -405 |
DETACHED | TOWNHOUSE | |
OCTOBER | $1,892,100 | $1,043,600 |
NOVEMBER | $1,856,800 | $1,027,900 |
DECEMBER | $1,823,300 | $1,012,700 |
Difference Oct – Dec | -$68,800 | -$30,900 |
This indicates a continued downward trend, which is expected to continue into the second half of 2023. But what’s worth noting is that the benchmark price of detached homes is coming down at a faster rate than townhomes. So, if you’ve been thinking of upgrading the size and freedoms of your home from a townhouse to a detached property – 2023 could be a great year to do it. The financial leap between the two types of properties is getting smaller.
You can still fetch a good offer on your townhome, especially if you are willing to put in a little work upfront to get in tip top condition before going to market. Then, when it’s your time to buy, you’ll reap all the benefits of being in a buyers market. (And while interest rates on mortgages are still sky high, don’t forget you can refinance as they come down.)
Building wealth is about making a move at the right time. Staying informed with regard to what’s happening in the market and acting quickly can be the difference between cashing in or crashing at the tail-end of a wave.
If you’ve outgrown your townhome and have been thinking about the possibilities of upgrading to a detached house, there’s a sweet spot in the market right now that can make that a reality for you.
But there is more than the list price/mortgage to think about. Moving up means you’ll have different home maintenance responsibilities. When you sell your townhome and upgrade, you’ll be responsible for all exterior and interior maintenance of the property. Not to mention your insurance costs will increase. Unexpected repairs can also be costly. Take time to understand the costs of home ownership for the type of home you’re moving into.
I’d love to chat and get to know your personal circumstances better and make the right decision for your future.
From negotiations to paperwork, buying a home can get overwhelming fast. Want some inside knowledge?
free download
@amitmanhasrealestate
Follow me on Instagram for the latest listings, market trends, and tips for buying and selling your home.
Get Notified
Tell me what you’re looking for, and I’ll make sure you know about listings that match your criteria as soon as they hit the market.
778-386-7742
RE/MAX All Points Realty
102-321 Sixth St,
New Westminster, BC, V3L 3A7
Site Credit
© 2023 Amit Manhas | All Rights Reserved | Terms of Use |
Advertising torally free on our portal rewards itself doubly
for escort service providers, hostesses and escort companies.
See all the services and choices supplied by the girls, males and hostesses listed
on Escor Gallery at a glance. Our service allows you to position adverts as well as find journey companions, a date for thhe
evening, enterprise meazl companions and even hostesses on your commerce show
stand in many international locations around the world.
Whethsr you personal a business otherwise yoou fly for work commonly, you must consider fying int Orlando Florida MCO airport
extra often. Be certain that you are utilizing a enterprise scrript that
allows for safe transactions and seccures monetary information that’s
gettinng used forr transactions that happen in your
website. Moving You Safely From A to Z. Please trust us with the secure movement of your oversize load.
Diana Escort Dusseldorf is at all times on the look outt
for refined ladies to work with our esteemed clients.
You maay spend good times with escort ladies
on this planet-Widde International. You will
discover both domestic and worldwide escorts through uss who’re thrilling, interesting and provide excellence in service.
Here is my web blog: https://ebonyescortnewyork.com/categors/Discreet-apartments-in-Beer-Sheva.php
It would be acknowledged for its anti-spasmodic properties so
being good for all tension, stiffness and myscular issues.
Pinee Needle may profitably used for a wide range of skin ailments and is taken into
account by many as being anti inflammatory alongside its well-known ant-microbial exercise.
The very fact that you could be rapidly ose “the smell” does not reduce its continued profit.
Ayurvedic texts point out that thee usage of aroma (odor) relaxes the entire body together with the nervous system, balances the Doshas within the body and iimproves physioogical and psychological functions.
A wise range of medicated and natural oils are utilized in Ayurvedic
massages and they boost circulation, relieve the aches and pains in your physique and in addition rejuvenate
your pores and skin. After aall thee warmth alone is comfortihg buut thhe addition of some essential oils equivalent to birch, the
chamomiles and lavender are very useful. Similarly, in Vata Dosha imbalance which causes anxiety and worry will be soothed by using Musk or Lavender oils.
Using essential oils, incense, scented wood, candles
andd floral essence annd in addition burning
dried flowers all comprise aromatherapy. The candles used today are sometimes themselves aromatic releasing their hewaling properties into the moisture laden ambiance.
My blog https://miss-sophira.com/
טאטיאנה מסאג’ מקצועי בבת-ים! היכנס ומצא המלצות גולשים, חוות דעת ומידע מקצועי אודות עיסוי וטיפול ספא בבאר שבע.
מתעניינים בריהוט יד שניה בבאר שבע והסביבה?
לעזרתכם. ריהוט יד שניה – סלון מכל המקורות ברשת
– מוזמנים למצוא את מה שחיפשתם, היכנסו.
אלה לוי, מטפלת ומעסה טנטרית, החלה
את המסע הרוחני שלה לפני שנים, ובמהלכו
אספה לא מעט כלים טיפוליים, איתם היא עובדת עד היום עם
זוגות ויחידים המגיעים אליה לטיפול.
ישנם אנשים המגיעים במצב רגשי מסוים אל מכון העיסוי,
ובסיום העיסוי הם חשים חיוניים, אנרגטיים ושלווים.
ספא מנטרה נועד לכל מי שמעוניין בקצת שקט ושלווה בשגרת
היום יום, בין לקוחות הספא ניתן למצוא מספר רב של אנשי עסקים המגיעים לטיפוליי התרגעות בהפסקות הצהרים, ספורטאים
מקצועיים ונשים הרות המעוניינות להקל על מכאוביהן, הספא החדיש
מבטיח ללקוחותיו שיצליחו להטעין
את כוחותיהם ויחזרו לשגרה קצת יותר מחוזקים מהרגיל.
לפניכם מדריך למסאז רפואי שבו
אנסה להשיב על כל מה שרצית לשאול ולא היה לך את מי .
שיטת טיפול אלטרנטיבית זו מציעה טיפול בעזרת אנרגית הרייקי לשחרור
חסימות אנרגטיות המשפיעות על הגוף, הנפש והרוח.
Here iss my web site – דירה דיסקרטית ברמת גן