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New property listed in Vancouver Heights, Burnaby North

I have listed a new property at 504 4160 ALBERT ST in Burnaby. See details here

This newly renovated 2 bedroom, 2 bathroom condo in North Burnaby is ready for you to move in. Enjoy breathtaking city and mountain views, which offers both comfort and convenience. Updates throughout include engineered hardwood flooring, upgraded kitchen with stainless steel appliances, and quartz countertops in kitchen and bathrooms. The living area has large windows that provide abundant natural light and incredible views. The Master Bedroom includes a private ensuite bath, the second bedroom is ideal for guests, family, or as a home office. Prime location close to all amenities, parks, and public transportation, making it easy to explore the best of what North Burnaby has to offer.

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I have sold a property at 7668 ENDERSBY ST in Burnaby

I have sold a property at 7668 ENDERSBY ST in Burnaby on Aug 12, 2024. See details here

Welcome to this well maintained 6 bedroom, 3 bathroom home, perfectly situated in a highly sought-after neighborhood. This property boasts an inviting layout, offering ample space, modern amenities for comfortable living and a large backyard with a triple car garage. The basement features 3 additional bedrooms including a 2 bedroom suite ideal for rental income or extended family. Don't miss out and book your showing today!

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New property listed in The Crest, Burnaby East

I have listed a new property at 7668 ENDERSBY ST in Burnaby. See details here

Welcome to this well maintained 6 bedroom, 3 bathroom home, perfectly situated in a highly sought-after neighborhood. This property boasts an inviting layout, offering ample space, modern amenities for comfortable living and a large backyard with a triple car garage. The basement features 3 additional bedrooms including a 2 bedroom suite ideal for rental income or extended family. Don't miss out and book your showing today!

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I have sold a property at 3660 47TH AVE E in Vancouver

I have sold a property at 3660 47TH AVE E in Vancouver on May 28, 2024. See details here

Original Owners! Renovate or build with R1-1 Zoning 40x160.7 Lot. This inviting 3 bedroom house with basement nestled in a desirable neighborhood is perfect for families & those seeking a comfortable living space. The main floor has 3 bedrooms which provide ample space for rest and relaxation. The finished basement offers additional living space, ideal for entertaining or creating a cozy retreat. Enjoy the oversize backyard with 2 single detached garages. With R1-1 zoning you can ensure flexibility for potential future use or development. Situated in a sought-after neighborhood, residents enjoy proximity to schools, parks, shopping, and dining options. Don't miss the opportunity to make this house your home. Schedule a viewing today and envision yourself living in this wonderful community.

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New property listed in Bowen Island, Bowen Island

I have listed a new property at 923 ELROND'S CRT in Bowen Island. See details here

Welcome to your new home on Bowen Island! Step inside this 3 bedroom, 3 bathroom residence to discover an open concept floor plan flooded with natural light. Whether you're admiring the mountain and water views from the comfort of your living room, working on projects in the dedicated office space, or stepping out into the spacious yard to soak in the panoramic vistas, this retreat provides the beauty of nature from the comfort of your own home. Conveniently located, less then 5 minutes away from Snug Cove village and the island's main amenities, this home offers the perfect balance of both island living and accessibility. Don't miss this opportunity to own a slice of paradise on Bowen Island.

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New property listed in Killarney VE, Vancouver East

I have listed a new property at 3660 47TH AVE E in Vancouver. See details here

Original Owners! Renovate or build with R1-1 Zoning 40x160.7 Lot. This inviting 3 bedroom house with basement nestled in a desirable neighborhood is perfect for families & those seeking a comfortable living space. The main floor has 3 bedrooms which provide ample space for rest and relaxation. The finished basement offers additional living space, ideal for entertaining or creating a cozy retreat. Enjoy the oversize backyard with 2 single detached garages. With R1-1 zoning you can ensure flexibility for potential future use or development. Situated in a sought-after neighborhood, residents enjoy proximity to schools, parks, shopping, and dining options. Don't miss the opportunity to make this house your home. Schedule a viewing today and envision yourself living in this wonderful community.

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New property listed in Clayton, Cloverdale

I have listed a new property at 204 18755 68 AVE in Surrey. See details here

Introducing a charming 2-bedroom, 2-bathroom corner suite with an oversized covered patio located in the heart of Clayton Heights. With over 800 sq ft of living space, this condo offers in-suite laundry, stainless steel appliances & granite counter tops, access to a building clubhouse, and is conveniently situated near a variety of shopping outlets and amenities. You'll find Save on Foods, Starbucks, Shoppers Drug Mart, and numerous dining options just steps away. Don't miss out on the perfect blend of comfortable living and convenience.

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I have sold a property at 506 4105 MAYWOOD ST in Burnaby

I have sold a property at 506 4105 MAYWOOD ST in Burnaby on Mar 4, 2024. See details here

Centrally Located 1 Bed 1 Bath Unit with In-suite Laundry. Conveniently situated in the Burnaby South Metrotown area, this well-maintained unit boasts over 700 square feet of living space. Experience the best of urban living with shopping centres, transportation and recreational facilities all within walking distance. Don't miss out and schedule a viewing today.

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New property listed in Metrotown, Burnaby South

I have listed a new property at 506 4105 MAYWOOD ST in Burnaby. See details here

Centrally Located 1 Bed 1 Bath Unit with In-suite Laundry. Conveniently situated in the Burnaby South Metrotown area, this well-maintained unit boasts over 700 square feet of living space. Experience the best of urban living with shopping centres, transportation and recreational facilities all within walking distance. Don't miss out and schedule a viewing today.

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New property listed in Bowen Island, Bowen Island

I have listed a new property at 923 ELROND'S CRT in Bowen Island. See details here

Welcome to your new home on Bowen Island! Step inside this 3 bedroom, 3 bathroom residence to discover an open concept floor plan flooded with natural light. Whether you're admiring the mountain and water views from the comfort of your living room, working on projects in the dedicated office space, or stepping out into the spacious yard to soak in the panoramic vistas, this retreat provides the beauty of nature from the comfort of your own home. Conveniently located, less then 5 minutes away from Snug Cove village and the island's main amenities, this home offers the perfect balance of both island living and accessibility. Don't miss this opportunity to own a slice of paradise on Bowen Island.

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Coquitlam Real Estate Market: Insights and Trends for 2024

Coquitlam Real Estate Market: Insights and Trends for 2024


The Coquitlam real estate market has been a dynamic landscape for both homebuyers and investors. Your interest in this area might be due to its significant growth and the appeal of its residential spaces. With a diverse range of housing options, from condos to detached homes, Coquitlam offers a variety of choices to meet different preferences and budgets.


As you navigate through the options, you may come across Adriano Valente, a real estate professional with Georgia Pacific Realty Corp., who has become a recognized name in the Coquitlam housing market.


Understanding the Coquitlam real estate trends is crucial, whether you're considering a first-time purchase or looking to expand your investment portfolio. The market has seen consistent growth, making it an attractive opportunity for long-term investment.


Adriano Valente's expertise in the area, particularly his listings of residential houses and condos for sale, provides valuable insights into the current market status, which could be beneficial for you in making an informed decision.


As you delve into Coquitlam's real estate offerings, it's important to consider the city's evolving infrastructure, amenities, and community environment. These factors contribute to the quality of life in Coquitlam and could influence the long-term value of your investment.


With updated market knowledge and access to a range of properties, tapping into the expertise of agents like Adriano Valente could be the key to finding a property that aligns with your personal or financial goals.


Overview of the Coquitlam Real Estate Market


In recent months, Coquitlam's real estate market has demonstrated a nuanced landscape. You'll notice that the housing options available cater to a diverse range of preferences and budgets. The market dynamics offer insights into both opportunities and trends for potential home buyers and investors like yourself.


The residential property landscape in Coquitlam is versatile, consisting of detached homes, townhomes, and condos. As you explore the market, you'll find that detached homes have entered a balanced market in 2024, adjusting from the heated conditions of past years in the BC real estate sector. 


The market has seen fluctuations in average sold prices, with a monthly change observed. These changes are influenced by different factors, including the types of homes sold and their respective demand in the current economic landscape of Greater Vancouver.


If you're considering entering the market in 2024, your strategy should be informed by these trends, taking into account the current state of BC real estate including the most active price ranges and the variances in demand across different home types. Some segments have shown a higher percentage of sales, highlighting a more competitive environment, while luxury homes experience a slower sales rate.


Being aware of these variables can guide your decisions, whether you're looking to purchase your first home or seeking investment opportunities in Coquitlam’s real estate vista.


Market Trends and Statistics


You have access to an array of updated data and trends pertinent to the Coquitlam real estate market. This comprehensive snapshot will provide clarity on recent housing data, specific price trends by property type, and a comparative market analysis to guide your investment decisions.


Current Housing Data


Coquitlam's housing market currently exhibits stability, with properties showing a median of 23 days on the market. The trend signifies a well-balanced supply and demand in the area. As indicated by recent listings, the average home price is now $1,038,775 according to Zolo. These statistics reflect a vibrant market that is sustaining activity despite broader economic pressures.


Price Trends by Property Type


Property type distinctions reveal varying performances in Coquitlam's market, notably impacting houses for sale in Coquitlam.


  • Detached homes: Particularly, homes ranging from $1.6 million to $1.8 million are displaying a strong sales ratio.
  • Townhomes and Condos: Steady demand is indicated for these property types, with recent reports suggesting a consistent rate of sales. Typically, townhomes offer a more accessible entry point into the market than detached homes.

Comparative Market Analysis


When analyzing Coquitlam real estate compared to past months, RE/MAX Market Reports denote a 12% sold rate, a metric defining the number of homes sold out of every 100 listed. Such figures underscore the competitiveness of the market across different price bands, with the most active range being homes priced around $1.6 million. Homes above $3 million are currently less active, suggesting a specific market bracket may be witnessing a slower rate of sales.


Buying Real Estate in Coquitlam


When you're aiming to invest in Coquitlam's real estate, it's crucial to understand the purchase process, the distinct neighborhood characteristics, and the various investment opportunities that await.


Steps to Purchasing Property


Before you embark on your property-buying journey in Coquitlam, you should be aware of the typical steps involved:


  1. Financial Assessment: Determine your budget and secure pre-approval for a mortgage.
  2. Find a Realtor: Partner with a local real estate expert who understands the Coquitlam market, including the dynamics of houses for sale in Coquitlam.
  3. Property Search: Identify properties that meet your criteria and arrange viewings.
  4. Make an Offer: Submit a competitive offer with your realtor’s guidance.
  5. Home Inspection and Financing: Carry out a thorough inspection and finalize your financing.
  6. Closing: Complete legal paperwork, make the payment, and receive the keys to your new home.

Neighborhood Profiles


Coquitlam boasts a variety of neighborhoods each with its own appeal. Here's a glimpse into a few popular areas:


  • Central Coquitlam: Known for its family-friendly atmosphere and good schools, making it ideal for families.
  • Westwood Plateau: Offers luxury homes with stunning views, perfect for those seeking an upscale lifestyle.
  • Burke Mountain: A growing neighborhood with new developments, attracting many first-time buyers and investors.

Explore detailed profiles, including average home prices and amenities, on platforms like valentehomes.ca


Investment Opportunities


Coquitlam's real estate market provides diverse investment prospects, from rental properties to new developments. Factors to consider include:


  • Rental Demand: With its population growth, Coquitlam has a healthy demand for rental properties.
  • Future Developments: Stay informed about upcoming infrastructure projects which can influence property values.

For comprehensive market insights and property listings, consider reviewing resources from Zolo.


Selling Real Estate in Coquitlam


When you’re looking to sell real estate in Coquitlam, it’s critical to be well-prepared, deploy effective marketing strategies, and understand the process of closing the sale.


Preparation for Selling


Preparation is the first step to ensure your property stands out in the Coquitlam market. You must assess the condition of your home and consider professional staging to make a strong first impression. It's essential to set a realistic price by comparing your property with similar Coquitlam real estate listings. Repair any minor damages and update key areas like the kitchen and bathrooms to boost your property's appeal.


If you're looking to get the best value with your sale, reach out to Adriano Valente for tips on repairs that will maximize your return. 


Marketing Strategies


To effectively market your Coquitlam home, consider employing a mix of online and offline tactics. Online listings are indispensable, providing wide visibility. Additionally, high-quality photos and virtual tours can significantly enhance your listing. Networking with local agents who understand the Coquitlam's real estate market can also attract more prospective buyers.


Closing the Sale


Finally, closing the sale demands attention to detail and a firm understanding of legal and financial processes in the BC real estate market. Make sure to have all necessary documents prepared and enlist the help of a reputable Coquitlam real estate professional to navigate negotiations, home inspections, and the transfer of ownership. A clear understanding of the current market conditions will aid you in making informed decisions right through to the finalization of the sale.


Economic Factors Affecting the Market


Several economic levers significantly influence your experience in the Coquitlam real estate market, particularly in the context of the Greater Vancouver region. You should closely watch interest rates, government policy shifts, and economic indicators as these elements can directly affect property values and market dynamics.


Interest Rates and Financing


Interest rates are paramount to your mortgage costs and overall market accessibility. A period of low-interest rates can make borrowing more affordable, increasing demand and potentially pushing property prices upward. Conversely, if you're facing high-interest rates, your borrowing costs may rise, possibly cooling the market which has been the case in 2023 up until today. For specific figures on Coquitlam, the Coquitlam Real Estate Market Forecast highlights these effects.


Government Policies


Government interventions, through mechanisms such as tax incentives or foreign investment restrictions, can either stimulate your purchasing ability or impose limits. Recent changes, for instance, may include regulatory adjustments that impact buyer eligibility. Staying informed on policy updates concerning Coquitlam real estate will be crucial to your investment decisions.


Economic Indicators


Economic health indicators — like GDP growth, unemployment rates, and population increases — are often mirrored in the real estate market. A robust economy often translates into a more vigorous market. To understand how these factors are currently playing out in Coquitlam, consider examining the insights provided by the current market trends. These indicators offer a gauge for future performance and potential value appreciation in your real estate investments.


Predictions and Future Outlook


The Coquitlam real estate market is poised for continued activity, influenced by factors such as interest rates and inventory levels. Here’s what you need to keep an eye on in terms of investment potential, neighborhood growth, and infrastructure enhancements.


Investment Forecasts


Coquitlam's real estate stability has been noticed with a 12% sold rate, indicating a consistent market. You can expect properties under $1.9 million to be particularly active, with significant opportunity for investors as these homes boast a higher sold rate. Conversely, properties priced between $2.5 million and $3 million are moving more slowly, presenting potential bargains.


Emerging Neighborhoods


With the real estate market expanding in Coquitlam, some neighborhoods are gaining prominence. Areas that offer a mix of residential options, like townhouses and bungalows, are increasingly sought after. Affordable regions with a variety of housing types are expected to attract a surge of interest from buyers looking for value in a competitive market.


Infrastructure Developments


Coquitlam's appeal is further strengthened by infrastructure projects that promise improved connectivity and quality of life. As these developments continue, areas close to new amenities are likely to see increased demand. You should monitor real estate activity around these hubs, as properties can quickly appreciate in value once projects are completed.


Frequently Asked Questions


In this section, you will find succinct answers to some of the most common queries about the Coquitlam real estate market, informed by local industry expert Adriano Valente's insights and recent market developments.


What are the latest trends in the Coquitlam real estate market?

Recent trends indicate that housing and condo prices in Coquitlam have been on the rise, continuing a pattern seen since 2018. This is reflective of the broader real estate dynamics in British Columbia.


How has the property value in Coquitlam changed over the past years?

The property values in Coquitlam have displayed variability, with some areas witnessing a market recalibration.


What is the average house price in Coquitlam?

As the market fluctuates, so does the average house price. For the most current figure, real estate professionals like Adriano Valente can offer up-to-date information.


What factors are currently influencing the Coquitlam housing market?

The Coquitlam housing market is influenced by several factors in 2024, including interest rates, inventory levels, and regional economic growth, especially in areas like Port Moody and Greater Vancouver.


Are there any upcoming developments that might affect Coquitlam's property prices?

Coquitlam is a dynamic region, and new developments, infrastructure projects, or policy changes could potentially impact property prices.


What are the best neighbourhoods in Coquitlam for real estate investment?

Identifying the best neighbourhoods for real estate investment depends on your personal goals and market conditions. Comprehensive local knowledge, such as that provided by industry experts like Adriano Valente, can inform such investment decisions.


Adriano Valente's Influence on Coquitlam Real Estate


When exploring the bustling Coquitlam real estate market, you'll likely come across the name Adriano Valente. As a licensed real estate agent with Georgia Pacific Realty Corp., Valente has carved a niche for himself in Coquitlam's dynamic housing landscape.


With a deep understanding of the local market trends, Valente’s impact on Coquitlam real estate is multifaceted. He has consistently provided updated market information, which is crucial for making informed buying and selling decisions. His blog posts offer insights into market forecasts, providing valuable guidance to clients navigating Coquitlam's real estate scene.


Key Contributions:


  • Market Knowledge: Valente keeps his finger on the pulse, sharing timely updates on the shifting trends in Coquitlam's real estate.
  • Client Education: Through his online resources, he educates prospective buyers and sellers, equipping them with the knowledge to make savvy real estate choices.
  • Property Sales in the BC real estate market: His track record includes successful property transactions in Coquitlam, indicating his effective strategies and negotiation skills.

By providing a personal touch in his services, he ensures your questions are answered, be it about pricing, condos, or neighborhoods in Coquitlam. His availability and commitment can make your real estate journey feel more secure and grounded in local expertise.


For those interested in Coquitlam's housing market dynamics, referencing Valente's real estate reports and insights could provide a clearer picture of the landscape, helping pave the way for successful real estate ventures in this British Columbia city.


Adriano is a wealth of information if you're looking to buy or sell a house in Coquitlam, Burnaby, Vancouver, or other areas of Greater Vancouver. Don't hesitate to call Adriano for any of your real estate needs. 

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North Burnaby Real Estate Market Insights

North Burnaby Real Estate Market Insights


As you explore the North Burnaby real estate market, you'll notice it's a uniquely attractive area with a range of property types to suit various tastes and lifestyles. If your goal is finding a home in a community that balances urban conveniences with serene residential streets, North Burnaby might just be your perfect fit. With parks, shopping centers, and an array of amenities close by, it's an area that many potential homeowners find desirable.


Real estate trends in North Burnaby reflect a robust market, with properties ranging from well-maintained vintage houses to modern condominiums. When you navigate the market, consider enlisting the expertise of local professionals like Adriano Valente, a realtor with Georgia Pacific Realty Corp.


His knowledge and experience in the area could be invaluable as he has a deep understanding of the local listings and neighborhood nuances that might not be immediately apparent to newcomers. By aligning with a realtor familiar with North Burnaby, you can gain insights into the market dynamics and find a property that meets your expectations.


The decision to invest in real estate in North Burnaby is a significant one, and it should be informed by meticulous research and authoritative guidance. Whether you're searching for a first home, looking to upscale, or interested in investment opportunities, the vibrant and continually evolving North Burnaby real estate scene affords a variety of options to make a smart and satisfying investment.


Market Overview


The North Burnaby real estate market reflects the dynamic nature of the Greater Vancouver area, balancing residential appeal with proximity to urban amenities. As you explore this market, you'll notice distinct trends and data that underscore its current state and historical progression.


Current Trends


Recent observations reveal that properties in North Burnaby are highly sought after due to their strategic location and community features. Despite market fluctuations, North Burnaby homes, including those listed by Adriano Valente, maintain their value with steady interest from buyers.


The region benefits from being part of Metro Vancouver, offering a slower pace of life with the advantage of being close to Vancouver's urban offerings.


  • Demand for Space: Single-family homes with larger lots, such as those in quiet cul-de-sacs, are particularly popular.
  • Suite Appeal: Properties featuring in-law suites or potential rental units are attractive for their additional income potential.

Historical Data


Historically, North Burnaby has seen a consistent appreciation in property values, aligning with trends observed across the Greater Vancouver and Fraser Valley regions. Select properties have remained in the hands of original owners for decades, indicating a market with deep roots and long-term appeal.


  • Long-term Ownership: Well-maintained homes, such as those upheld by their original owners, often indicate a stable and nurturing community environment.
  • Growing Market in BC: The real estate market in Burnaby has experienced growth, retaining relevance within the expanding Greater Vancouver area, as seen through the listings on platforms like Realtor.ca for Adriano Valente.

Buying in North Burnaby


When you're ready to buy a home in North Burnaby, BC, you’re looking at a market with diverse property types and popular neighborhoods like Brentwood Park and Hastings. Understanding the home-buying process and what's available will help you make informed decisions.


Home Buying Process


Your journey to owning a home starts with securing a mortgage pre-approval, and then moving on to finding a property that fits your needs. Utilizing the MLS (Multiple Listing Service), you can pinpoint a variety of homes that meet your criteria in North Burnaby. When you find the right place, your realtor will help you make an offer, negotiate terms, and finalize the sale.


Popular Neighborhoods


Brentwood Park is a standout choice for buyers looking for a vibrant community with easy access to shopping and transit. Hastings appeals to those who appreciate a more laid-back feel with local shops and cafes. The quieter Sperling-Duthie appeals to families, and Willingdon Heights offers scenic views and proximity to commercial areas without sacrificing the neighborhood atmosphere.


Property Types Available


In North Burnaby, you’ll find a range of options from condos to large detached homes. Common homes included detached houses on good-sized lots in BC, but the recent boom in construction has led to numerous new developments. 


Properties like these often feature a generous sundeck and a tree-framed yard, perfect for privacy and outdoor enjoyment. You can find homes situated on a cul-de-sac that provide a safe, quiet environment ideal for families.


Selling Your Property


When deciding to sell your property in North Burnaby, it is critical to understand the steps that will help you optimize the sale process. Each phase, from preparation to pricing and marketing, plays a crucial role in ensuring a successful transaction.


Preparing for Sale


Your home's first impression is invaluable. To capitalize on this, prepare your home for potential buyers by ensuring it is immaculately maintained, emphasizing the care you, as the original owner, have invested. Declutter living spaces, perform necessary repairs and consider professional staging to showcase your home's best features.


When considering selling, reach out to a realtor like Adriano Valente who can give you honest feedback on how to increase your property value through repairs. A property like the North Burnaby home that has never been listed before may attract more interest if presented in pristine condition.


Pricing Strategies


Setting the right price for your home is a delicate balance. It must be competitive enough to attract attention in the BC market but also reflect the real value of your property. Review current listings and recent sales in North Burnaby with a professional who understands market trends. Pricing strategies may also involve analyzing comparable homes that have been recently sold to ensure that your home's price aligns with buyer expectations in your area.


Marketing Your Home


Creating a compelling marketing plan is essential to get your listing noticed. High-quality photographs and virtual tours can showcase your property in its best light. A professional approach to listing your home, such as using a trusted agent like Adriano Valente, ensures a wide reach through multiple channels, including online listings, digital marketing, and open houses. By marketing your home effectively, you increase the chances of a swift and profitable sale.


Real Estate Professional Services


When you're navigating the North Burnaby real estate market, selecting the right professional services is crucial for a smooth transaction. Understanding the role of a real estate agent and their local expertise is essential for making informed decisions.


Choosing a Realtor


As you begin your search for a property in North Burnaby, choosing a realtor is your first step. Look for a realtor who is a member of the Canadian Real Estate Association (CREA) and adheres to the association's code of ethics. These real estate professionals earn the right to use the term REALTOR® and the associated logos, showcasing their commitment to a standard of professionalism and service quality.


Role of the Real Estate Agent


A real estate agent's role is multifaceted; they offer services that span from listing your property on the Multiple Listing Service® (MLS®) to negotiating prices on your behalf. They are your guide through the complex legal documentation and ensure your transaction complies with local real estate regulations. Moreover, agents affiliated with the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board provide you with up-to-date market insights.


Importance of Local Expertise


Your real estate agent's local expertise can make a significant difference in your property search or sale. An agent experienced in the North Burnaby market, such as Adriano Valente, can leverage their understanding of local trends and community-specific information to your advantage. Their knowledge goes beyond basic property features, encompassing neighborhood demographics, zoning laws, and future development plans that might affect property values.


Investment Opportunities


Exploring the North Burnaby real estate market reveals robust investment opportunities, particularly in areas with high rental demand and promising long-term growth.


Rental Market Trends


North Burnaby's rental markets, such as Vancouver Heights and Metrotown, continue to show strength due to their central locations in BC. Vancouver Heights, for instance, is appealing for its balance of residential comfort and accessibility to urban amenities. Data indicates an increasing number of renters looking for properties close to retail, dining, and transit options. With this in mind, properties with in-law suites, like a one-bedroom in-law suite, can generate additional rental income.


  • Average Rent: For a one-bedroom apartment in these high-demand areas, you can expect to charge a competitive rent that reflects the desirability of the location.
  • Occupancy Rates: Historically high, which suggests a stable tenant base for your investment property.

Long-Term Investment Potential


Areas around Deer Lake and Upper Deer Lake are sought after for their serene surroundings and proximity to natural attractions, enhancing their long-term investment appeal. Properties in these neighborhoods are not only ideal for families seeking a peaceful environment but are also strategic investments if you're looking for appreciation over time. Further, the ongoing development in Coquitlam adjacent to Burnaby points to increased property values in the surrounding areas.


  • Appreciation Rates: Homes in North Burnaby have seen consistent appreciation, particularly in family-centric neighborhoods.
  • Strategic Developments: Consider future developments in Burnaby and neighboring cities like Coquitlam, which may impact property values.

Selecting properties that are centrally located or close to amenities like Metrotown, known for its shopping and public transit hub, can be critical. Offering versatile living spaces such as an in-law suite can enhance the attractiveness and functionality of your investment, catering to a broader market of potential renters or buyers.


Additional Considerations


When exploring the North Burnaby real estate market, you need to take into account specific legal and tax obligations, as well as the community and lifestyle options that align with your priorities. These factors can significantly impact your buying decision and overall satisfaction with your new home.


Legal and Tax Implications


Here are some implications that you may consider that affect surrounding areas. It's important to understand these implications, please due your due diligence. This is for reference purposes only. 


Chilliwack and Fraser Valley, BC: You're subject to the British Columbia provincial transfer tax, which varies based on the property value. It's also important to assess any zoning laws that may influence property use, especially in growing regions like the Fraser Valley.


Bowen Island: This area may have different municipal requirements for property purchases, including land-use bylaws you should be aware of. Due diligence is key to ensuring compliance and forecasting any additional costs.


Harrison Hot Springs: Given its resort-like setting, you might encounter unique tax scenarios or bylaws for properties categorized as vacation homes. Always confirm with a local tax advisor to understand your responsibilities.


Community and Lifestyle


Chilliwack and Fraser Valley: These areas are known for their spacious outdoor lifestyles and community-focused atmospheres. If you're looking for a home that offers a blend of tranquility and small-town charm, these markets should be on your radar.


Bowen Island: A tight-knit community vibe is prominent on Bowen Island, BC, making it ideal if you're seeking a quieter, more secluded lifestyle while still being close to Vancouver.


Harrison Hot Springs: This locale is perfect if you desire a laid-back, resort-like community. Your lifestyle here would be marked by leisure and relaxation, with ample thermal springs and natural beauty.


Frequently Asked Questions


In this section, you'll find concise answers to common inquiries about the North Burnaby real estate market, helping you understand the variety of properties available, current market trends, and future predictions.


What types of properties are available in North Burnaby?

North Burnaby offers a diverse range of properties, from single-family homes to multi-family complexes. Properties such as the centrally located, well-maintained homes in quiet neighborhoods are examples of what you can find in this area.


What are the current market trends for homes in North Burnaby?

The North Burnaby market is experiencing a demand for housing due to its central location and community amenities. Trends show a consistent interest in detached homes and an increase in condo sales.


What are the price ranges for residential real estate in North Burnaby?

Prices for residential real estate in North Burnaby vary widely. Entry-level condos may start at a lower threshold, whereas larger, detached homes in prime locations command higher prices due to lot size and other desirable features. With its diverse communities, these prices can range from entry-level condos to to mansions on Government road, even hosting celebrities that are growing families in the community. 


What factors are influencing the North Burnaby real estate market?

Key factors include the area's proximity to educational institutions, public transit accessibility, and ongoing community development projects, all contributing to North Burnaby's attractiveness to buyers and investors. Good schools and amenities only add to the value of Burnaby North real estate. 


How has the North Burnaby housing market changed over the last year?

Over the past year, the market in North Burnaby has seen a rise in property values, reflecting the area's growing appeal and the general trend of real estate appreciation in Greater Vancouver. The number of condos for sale has increased through completed developments, allowing for more units on sale but still maintaining a high demand. 


What predictions are there for the North Burnaby real estate market in the near future?

Experts predict that the demand in North Burnaby will continue, supporting stable prices and possibly leading to increased competition for available properties due to its desirable location and quality of life.


Valentehomes.ca and Adriano Valente, Your Go-to Resource

You can count on Adriano Valente if you have any questions about buying or selling Real Estate in Burnaby and about Burnaby North houses for sale. Don't hesitate to reach out or browse through BC Valentehomes.ca, a premier source for real estate in BC listings.

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Capitol Hill Burnaby Real Estate: Insights on Market Trends

Capitol Hill Burnaby Real Estate: Insights on Market Trends


When looking for a new home, Capitol Hill in Burnaby represents a vibrant and sought-after real estate market you might want to consider. Perched above the city, this neighborhood is known for its stunning views of the North Shore mountains, the Burrard Inlet, and the Vancouver skyline. As a prospective buyer, your interest in this area might be piqued by the variety of housing options available, from charming single-family homes to more modern townhouses and condos.


Understanding the dynamics of Capitol Hill's real estate market is crucial, and having a knowledgeable guide through this process can make all the difference. Adriano Valente is a name that might frequently come up in your search for realtors and real estate expertise in the Burnaby area.


With specialized knowledge of Capitol Hill, Valente's experience can provide you with the insights needed to make well-informed decisions in a market that is as dynamic as it is diverse. Whether you're considering the amenities, proximity to schools, or the community's tranquil parks, your inquiries about Capitol Hill real estate are well-founded.


Your journey to a new home or investment can start with examining the current listings, which might range from luxurious, spacious houses to more modest, yet comfortable, living spaces. Capitol Hill's real estate offerings are diverse, catering to a wide range of preferences and budgets.


By exploring the real estate listings and houses for sale, you can begin to gauge what this neighborhood can offer you. With the right advice and support, you can navigate Burnaby's competitive market and find a place that resonates with your lifestyle and needs.


Overview of Capitol Hill Burnaby


Capitol Hill in North Burnaby presents a balanced blend of residential tranquility and urban convenience, drawing homebuyers who seek a suburban lifestyle within reach of the city. This overview gives you essential insights into the geography, real estate dynamics, and educational opportunities that highlight the appeal of Capitol Hill.


Geography and Neighborhood Characteristics


Capitol Hill is a scenic residential neighborhood positioned in the heart of Burnaby. You'll appreciate its elevated terrain which offers impressive views of the surrounding cityscape and the distant North Shore mountains, making it an ideal backdrop for those looking into Capitol Hill Burnaby real estate. Its proximity to Vancouver is a substantial advantage, providing you with a quick commute to the city center via major thoroughfares as well as to the rest of Greater Vancouver. 

  • Main Roads: Hastings Street, Holdom Avenue
  • Parks: Confederation Park, Capitol Hill Reservoir Park


Real Estate Market Trends


The Capitol Hill real estate market is reflective of Burnaby's overall growth. You'll find a mix of property options, from well-maintained older homes to newly constructed luxury residences. Real estate trends suggest a steady demand with competitive pricing. Historical data shows that property values here have appreciated over time, making it a potentially smart long-term investment. For current listings and price points, homes, for example, are listed anywhere from below one million dollars to several million, indicating a wide range for potential buyers.


Schools and Education on Capitol Hill in North Burnaby


Education is pivotal, and Capitol Hill doesn't disappoint. You'll find reputable schools within the neighborhood and its immediate surroundings, setting a strong educational foundation for children and teenagers alike. This area is served by the Burnaby School District.


  • Elementary Schools: Capitol Hill Elementary
  • Secondary Schools: Burnaby North Secondary
  • Post-Secondary Institutions: Simon Fraser University (a short drive away)


Buying a Home on Capitol Hill


When embarking on your journey to purchase a home on Capitol Hill Burnaby, consider the market dynamics and understand the step-by-step process to navigate the available listings efficiently, especially those listed on the MLS for Capitol Hill Burnaby real estate.


What to Consider When Looking for a Home


Before you start your search, it's crucial to identify what type of home suits your needs. On Capitol Hill, you can find a variety of options from cozy 1-bedroom condos to spacious 4-bedroom houses. Think about the number of bathrooms you’ll require; properties can range from homes with a single bath to those offering 2 or more bathrooms. Nearby amenities, schools, and access to public transit can also impact your decision.


Understanding the Buying Process


Becoming familiar with the purchasing procedure is vital. Start by getting pre-approved for a mortgage to understand your budget. Then, work with a real estate agent to schedule viewings and negotiate the deal. Be prepared to move quickly, as the market can be competitive. Transactions typically involve earnest money deposits, home inspections, and navigating paperwork before closing the deal.


Available Listings


Valentehomes.ca is your go-to resource for up-to-date listings in Capitol Hill. Here, you can filter search results by the number of beds and baths, home type, price, and more. For example, you might find 4-bedroom, 4-bathroom homes or condos with less square footage but in prime locations. Keep a close eye on Capitol Hill Burnaby homes for sale and listings, and be ready to view homes that meet your criteria.


Property Types and Pricing in North Burnaby On Capitol Hill


The Capitol Hill real estate market in Burnaby offers a diverse range of housing options to meet your preferences and budget needs. Whether you're seeking a spacious single-family home or a convenient condo, Capitol Hill has a variety of price points to accommodate differing financial considerations.


Single-Family Houses


Single-family homes on Capitol Hill present a variety of styles, often characterized by spacious layouts ideal for families. These residences typically feature multiple bedrooms and bathrooms, offering ample space for a comfortable living experience on Capitol Hill in Burnaby.


  • Price indications:
    • Entry-level single-family homes: Starting around $1,530,000, reflecting the competitive nature of Capitol Hill Burnaby real estate.
    • Premium properties: Up to approximately $3,399,000


Condominiums


For those preferring a maintenance-free lifestyle, condominiums in the Capitol Hill area provide a practical alternative. These units often come with modern amenities and appeal to first-time buyers or investors due to their relatively lower price points and accessibility.


  • Condo highlights on the MLS listings on Capitol Hill.:
    • Starting prices: From about $614,000
    • Luxurious apartments: Can reach around $1,799,999


Price Range and Comparisons


The price range for properties in Capitol Hill varies, reflecting the diversity of housing types and the corresponding features and benefits each offers. Whether you're attending open houses or perusing online listings, you'll notice the pricing spectrum caters to various financial thresholds.


  • For single-family houses:

    • More affordable options: $1,530,000 to $2,598,000
    • High-end properties: $2,699,000 to $3,399,000
  • For condos:

    • Entry-level condos for sale on Capitol Hill range from: $614,000 to $1,065,000
    • Premium condos for sale on Capitol Hill are up to $1,799,999


Capitol Hill offers a rich tapestry of real estate options, catering to different lifestyles and financial capabilities, from cost-effective condos to lavish houses—each providing a unique living experience in one of Burnaby's esteemed neighborhoods.


Valentehomes.ca and Adriano Valente, Your Go-to Resource


You can count on Adriano Valente if you have any questions about buying or selling Real Estate in Burnaby and on Capitol Hill. Don't hesitate to reach out or browse through Valentehomes.ca for Capitol Hill Burnaby homes for sale as well as other houses, townhomes, and condos for sale in Burnaby, Vancouver, Coquitlam, and the rest of Greater Vancouver.

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Houses for Sale in Burnaby, BC | Tips for Taking a Virtual House Tour in Burnaby

Houses for Sale in Burnaby, BC | Tips for Taking a Virtual House Tour in Burnaby


Burnaby is the third most populated city in British Columbia, and every year, that number grows by 1.5%.


This explains why the Burnaby real estate market has been blistering hot for several years now, without showing any indication of cooling down.


There is an abundance of apartments and houses for sale in Burnaby, BC, but the demand is enormous. If you don't have the time to go from one open house to another, virtual house tours are the solution.


The key, however, is to know how to make the most of it. Here are some great tips for taking a virtual house tour in Burnaby.


The Real Estate Market in Burnaby

We've touched on that Burnaby has a growing population and is a city on the rise. However, many factors impact the real estate industry.


In the case of Burnaby, certain circumstances made it a desirable destination for homebuyers. In 2020, mortgage rates were at a record low, the increase in higher-income jobs was noted, and the pandemic influenced every single market.


All these changes resulted in firmly establishing Burnaby as a real estate market that favors the seller. The trend started in 2018 when the market began as balanced but morphed into what we see today.


The inventory of houses is lower, but not because construction has slowed. Instead, there are simply more buyers competing against each other.


The average length of time a home stays available in the Burnaby real estate market increased toward the end of the year to 51 days. Also, the HPI price of detached a home is $2,050,100.


Types of Houses Available in Burnaby

There are two common types of houses for sale in Burnaby, BC - townhouses and detached homes.


A townhouse is a multi-unit building with a separate entrance per unit with one or two attached walls. Typically, townhouses have their own set of by-laws established among the owners.


A detached house or a single-family home is a free-standing unit with no shared walls. The homeowner is the one responsible for the maintenance of the home and land belonging to the house.


Detached homes are more expensive than townhouses but, in return, provide more privacy and space.


Virtual House Tour – What to Expect

People looking to relocate from another city or even country can benefit greatly from a virtual house tour. This way of showcasing a property is not new, and many real estate agents have been relying on it for years.


Like many businesses, the real estate industry has massively migrated to a remote working landscape during 2020; Zoom house tours are here to stay.


So if you welcome the convenience of looking for houses for sale in Burnaby, BC, here are a few ways you can ensure a successful outcome.


Make a List of Must-Haves

Before joining a virtual house tour, make sure your wants and needs are written down. Then, you can check one item from the list at a time and then have a clearer picture of what you're dealing with after the tour is over.


Alternatively, you can talk to the agent directly and get your concerns out of the way first.


For example, is Burnaby Central Park close? Or you can ask them about the neighbors in the townhouse you're viewing.


Keep the Floor Plan on Hand

Whether you're considering a townhouse or a detached house, a floor plan will help you connect the dots a little easier.


Virtual tours can be somewhat disorienting at times, and it can be challenging to get things straight. Asking for a floor plan beforehand will ensure you can follow the tour and reference the sizes of the rooms and ceiling heights.


Ask the Agent to Be Your Proxy

They already are, but the idea extends to asking them to be your eyes, ears, and even nose. Via video, it’s impossible to see everything that matters, not to mention hear and smell.


Are there any strange odors or squeaky floorboards in the house? You can even ask the agent to open cabinet doors and run the shower to avoid any surprises later.


This is why it's essential to hire a top professional real estate agent like Adriano Valente and get the best service in Burnaby.


Ask Even More Questions

Virtual house tours might feel awkward as you’ll inevitably need to request more details than you would if you were there in person.


However, having a good grasp of the house is vital, and you can only get that by not being shy about what’s on your mind.


Real estate agents are trained to anticipate many questions, and the best are happy to answer them all in detail. Typically, you'll receive a lot of information up front, but the fuller picture is only available when you get all the answers you need.


Don’t Forget the Outdoors

If there’s a yard, no matter how small, you can ask to see it. That includes the front and backyard, as well as patio space if there is one.


Don’t hesitate to request to see the driveway, roof, and any other exterior element. Virtual tours are made easy with mobile devices, and you deserve to know what your future Burnaby home looks like in full.


Don’t Lose Patience

The process of buying a new home can be overwhelming, especially for first-time buyers. If you’re not in a position to see the property in person, virtual tours are a great alternative.


However, don't be discouraged by an occasional bump in the road. Also, keep in mind that the Burnaby real estate market favors the seller at the moment, so some patience is a must.


Find the Perfect Burnaby House via Virtual Tour

There are countless reasons why Burnaby is a fantastic place for your new home. The gorgeous parks, sports centers, universities, restaurants, and, not to forget, one of the biggest shopping malls in British Columbia.


There are many beautiful houses too, and you can check them out via virtual house tours. Hopefully, the tips we’ve provided above will help you tackle the house-buying process and find the perfect home in Burnaby.


But, whatever you do, don’t lose patience.

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I have sold a property at 203 15988 26 AVE in Surrey

I have sold a property at 203 15988 26 AVE in Surrey on Oct 27, 2023. See details here

This second floor unit holds a 1 Bed + Den & 1 bath, with an open layout, spacious deck, and large windows throughout. Comfortable kitchen overlooking living area, great for entertaining & in suite laundry for your convenience. The Morgan has some of the best amenities in the area, including & a large clubhouse complete with party room & full kitchen, outdoor pool & hot tub, pool table, fireside lounge, library, gym, yoga studio & even a theatre room! Walking distance from Grandview Corners and Morgan Crossing shops, popular restaurants, transit & schools. This is a listing you won't want to miss out on!

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I have sold a property at 8407 MILLSTONE ST in Vancouver

I have sold a property at 8407 MILLSTONE ST in Vancouver on Oct 15, 2023. See details here

Rare opportunity to own a FREEHOLD townhome in the Champlain Heights neighborhood. Explore Everett Crowley park or take a quick walk down and enjoy what the River District has to offer. This 3 level, 3 bedroom, 3 bathroom townhome boasts a beautiful view of the forest canopy in the ravine park. The home features an excellent layout with hardwood floors throughout, newer appliances, 2 balconies and a recently renovated ensuite. The basement level has a heated one car garage and crawlspace for those extra storage needs. Enjoy what the heritage house has to offer, with a large party room and 2 guests suites available for rent.

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New property listed in Grandview Surrey, South Surrey White Rock

I have listed a new property at 203 15988 26 AVE in Surrey. See details here

This second floor unit holds a 1 Bed + Den & 1 bath, with an open layout, spacious deck, and large windows throughout. Comfortable kitchen overlooking living area, great for entertaining & in suite laundry for your convenience. The Morgan has some of the best amenities in the area, including & a large clubhouse complete with party room & full kitchen, outdoor pool & hot tub, pool table, fireside lounge, library, gym, yoga studio & even a theatre room! Walking distance from Grandview Corners and Morgan Crossing shops, popular restaurants, transit & schools. This is a listing you won't want to miss out on!

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New property listed in Kitsilano, Vancouver West

I have listed a new property at 210 2528 MAPLE ST in Vancouver. See details here

This beautiful Kitsilano condo rests adjacent to the Arbutus Greenway and just up the hill from the beach. Close to all the daily amenities, transit is easily available at your door step with the Skytrain on the way. Features include granite and quartz countertops, stainless steel appliances, heated floor in the bathroom, gas stove, 1 storage locker and 2 parking stalls. The floor to ceiling windows and 9 foot ceilings provide plenty of natural light in this north facing unit. Come discover your dream home today!

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New property listed in Champlain Heights, Vancouver East

I have listed a new property at 8407 MILLSTONE ST in Vancouver. See details here

Rare opportunity to own a FREEHOLD townhome in the Champlain Heights neighborhood. Explore Everett Crowley park or take a quick walk down and enjoy what the River District has to offer. This 3 level, 3 bedroom, 3 bathroom townhome boasts a beautiful view of the forest canopy in the ravine park. The home features an excellent layout with hardwood floors throughout, newer appliances, 2 balconies and a recently renovated ensuite. The basement level has a heated one car garage and crawlspace for those extra storage needs. Enjoy what the heritage house has to offer, with a large party room and 2 guests suites available for rent.

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I have sold a property at 203 15918 26 AVE in Surrey

I have sold a property at 203 15918 26 AVE in Surrey. See details here

This second floor unit holds a 1 Bed + Den & 1 bath, with an open layout, spacious deck, stainless steel appliances, and large windows throughout. Comfortable kitchen overlooking living area, great for entertaining, and in suite laundry for your convenience. The Morgan has some of the best amenities in the area, including a large clubhouse complete with party room & full kitchen, outdoor pool & hot tub, pool table, fireside lounge, library, gym, yoga studio & even a theatre room! Walking distance from Grandview Corners and Morgan Crossing shops, popular restaurants, transit & schools. This is a listing you won't want to miss out on!

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