ScottSauer.ca  |  REALTOR®  |  1-250-794-1515

 

Many Canadian homeowners do renovations supposedly for added functionality or improved design, all the while thinking it could increase the value of their property. Indeed, home improvements do help up the tag. There are some, however, that could work the opposite way. If you intend to list your property under homes for sale here in Fort St. John, BC sometime in the future, take note of these three common improvements that could adversely affect its marketability.

 

 

1.    Too many bedroom conversions. Turning your spare rooms into something that better works for your present lifestyle may be great but not when it’s time to sell. Families account for the largest demographic of homebuyers so if you’re advertising your property as a 3-bedroom house, be prepare to show 3 bedrooms—not a single bedroom, music room and a home gym.

 

2.    Over-building. Your home may look very desirable with all the improvements you made but if it appears out of place in the neighborhood you aren’t likely to recover from all the expenses. No matter how attractive it is—with all vibrant paint, elaborate tiles and built-ins—if its sits in a neighborhood of small, single-story homes, it will still appear expensive so you can expect potential buyers to haggle over your asking price.

 

3.    Flamboyant landscaping. Many buyers appreciate a tasteful landscaping yet some see it as a burden when it comes to maintenance. Unless your buyer shares the same passion, those bright flowers and greeneries can easily become an eyesore if left unkempt. As a result, they would have to hire a gardener to keep everything tamed.  Even if it does add to your home’s beauty, practical buyers aren’t likely to factor in landscape when placing a value on your home.

 

The bottom line here is to keep your property as neutral as possible for the future buyers you have in mind.  While deficient maintenance is a no-no, so is over-alteration. What appears like a bright idea at first can actually lead to poor returns and worse, may undermine your home’s marketability. If you’re staging your property among homes for sale here in Fort St. John, BC, it pays to consult with a local realtor, like, Scott Sauer to see how recent and planned renovations can affect your its overall worth.

 

Source:

 

Six renovations that don’t add value to your home, TheGlobeandMail.com

 

Renovations That Improve or Hurt your Home's Resale Value, Centum.ca

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If you’re thinking of selling your house, a professional home evaluator will tell you how much your home is worth. Depending on your home’s condition, the results will vary widely. However, if you’re thinking of increasing your home’s value, having an evaluator tell you what you need to improve can be rewarding.

A good home evaluator can help you make your home worthy of the price you want to get for it. He will know what buyers want to see in Fort St. John homes for sale, so his help will prove invaluable come selling time for your home. That said, there are certain steps you can take to get the best possible appraisal value when an evaluator comes by to visit. Here are some of them:

Clean up

When cleaning up your home, don’t just stop at making the bed or arranging your furniture. Be sure to wash your walls clean, remove gunk and grime from kitchens and bathrooms, and give your carpet or floors a good vacuum or scrub. If you have any renovation projects underway, make sure these are completed before the evaluator arrives.

Enhance curb appeal

Go outside and take a good look at your home from the streets. Does it look enticing? If not, you need to take some time to spruce up your exterior. Manicure the lawn. Repaint your siding if needed, and don’t forget to replace those broken shingles.

Make your own list of notables

You love your home for many reasons, so let the evaluator know what these are. Make your own evaluation list and hand it to your evaluator. This will give him a better idea of what your home offers and what makes it stand out from all the other homes in the area, which could increase its appraisal value.

Trusted home evaluators in Fort St. John

Established home evaluators like Scott Sauer can give you an accurate property market value for your home by comparing it to other current and recently sold homes for sale in Fort St. John, BC. Their services don’t end there, however. Once the evaluation is done, they will then give you a detailed description of why your house is priced as such and let you know of the best improvements you can make to raise your property’s value further.

Sources:

9 tips for high value home appraisals, MoneySense

What Appraisers Look for During the Home Appraisal Process, RealEstate.com

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Properly preparing your home for sale will increase your sale price and shorten the time your home stay’s on the market. With the right help from me, an experienced real estate agent, you can sell your home faster for top dollar. Among the most common recommendations by experts for staging your home: remove all clutter, pack away unusual personal items, and make cosmetic improvements. These preparations will make your home more attractive to buyers.

After these steps, you’re ready to price your home. Do you know how to price your home right? One thing to keep in mind is that the housing market is a true market. What a neighbours home sold for 6 months ago may not be an accurate reflection of your homes value today. Regional economic news can dramatically cool or heat home values.

Check the current market listings.

Do a simple search of the prices of similar properties in your neighbourhood, or search for residential properties with similar selling price as yours. For instance, you valued your home at $400,000. Look for residential properties in Fort St. John, BC that are priced similarly. See if the standard features or condition of those homes are comparable to yours. The key to reviewing the active listings is knowing how long they have been for sale. The typical average time a home takes to sell in Fort St John is about a month. If a home has been for sale for more than 60 days most likely it is over priced. 

Renovating to sell

Renovating is a tricky proposition as renovations normally take longer than planed and cost way more. I would be glad to also meet with you and discuss the value of your home ‘as is’ and what it would sell for with the renovations. I will show you all the other homes for sale and sold that are comparable to your house. This way you can make an educated decision if the time and effort of renovating is worth it in the end

Work with an experienced real estate agent.

Find a REALTOR® with a strong track record in the local market, such as myself Scott Sauer with Re/Max, who is versed in home evaluations and comparative market analysis reports. A professional agent has the knowledge and the right tools to price your home right.

Sources:

5 tips for selling your home, Canadian Living

Selling your home for more using the 3D rule, MoneySense

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Real estate experts are expecting a massive bump in population within Fort St. John in the coming years—especially if and when the Site C dam along the Peace River begins construction. In fact, the city has already applied to have city boundaries to accommodate the expected increase in population.

 

 

Once construction of the Site C dam is underway, you may want to consider cashing in on any real estate investments you may have in the city. After all, people moving into the city will be looking for homes for sale, right? Unfortunately, every person in the city with extra properties will be thinking the same thing.

 

Fortunately, there are a number of steps you can take to help sell your home faster. Working with a respected real estate agent, like Scott Sauer, can work wonders in terms of reaching a wider range of buyers. Other steps you can take include:

 

Price Your Home Fairly

 

It’s easy to overprice a home, especially if it has some sort of sentimental value to you—but this is a mistake you should avoid. No one wants to buy a home that is significantly more expensive than other homes in the market with similar floor area, lot area, and features. To avoid this, you may want to have your REALTOR® conduct a home evaluation on similar homes for sale in Fort St. John, BC. This way, you can set a fair price for your home.

 

Have Your Home “Move In” Ready

 

When showing your home to prospective buyers, do your best to present your home as move-in-ready as possible. Remove any personal items such as family photos and clean any clutter from the floors. This allows buyers to see your property as a place they can potentially call their own, and assures them that they can move in as soon as they purchase the property.

 

Sweeten the Deal

 

Buyers are always looking for a sweet deal. This is especially true for those looking to purchase something as large as a home. You may want to try to offer extra perks, like transferrable home insurance or shouldering a fraction of the closing costs, to entice buyers into choosing your home over other homes for sale.

 

 

Sources:

 

Sell your home fast, MoneySense.ca

 

Advice for Sellers, The Canadian Real Estate Association

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According to a report from EnergeticCity.ca, the latest B.C. Northern Real Estate Board Housing Affordability Indicator report shows that home ownership in Fort St. John, BC is still much more affordable when compared to other cities in British Columbia. At a median of $416,000, houses within Fort St. John are still significantly cheaper than the houses in Vancouver.

 

 

With houses going for affordable prices, alongside the fact that Fort St. John is a lively and entertaining city in its own right, you can be sure that there are many people looking to buy a home in the city. If you are planning to become a homeowner in the city, you’d better start looking at beautiful Fort St. John homes for sale immediately, or risk missing out on your dream home.

 

Of course, this doesn’t mean you should rush headlong into purchasing a house. Although you have to act quickly, you should also act responsibly. After all, purchasing a home is a significant investment. When you start looking at homes for sale, be sure to keep the following tips in mind:

 

Ask for a Market Analysis from Your REALTOR®

 

When one of the many homes for sale has finally caught your eye, you’ll want an experienced REALTOR® like Scott Sauer to conduct a thorough market analysis on similar homes. Knowing how much similar homes in the area are selling for can be a powerful piece of information when you reach the negotiating table. Similarly, you can get a good idea if the seller’s asking price is a fair deal or not.

 

Always Have the House Inspected

 

Would you buy a used car without checking under the hood and taking it out for a test drive? You probably wouldn’t do that, right? The same logic applies to buying homes for sale in Fort St. John, BC. Before you buy a house, always have the house professionally inspected. An experienced home inspector can help you discover any problems with a particular home. When the inspection is completed the inspector will review and explain the report in detail to you. With this detailed knowledge of the condition of your new home, you can buy with confidence and security. If there are problems with the home as a buyer you have four options.

1) Buy the home because it is a great house in outstanding condition. 

2) Ask the seller to repair the problems.

3) Ask the seller to reduce the price to cover the expense of repairing the home.

4) Cancel the sale.

 

Get to Know the Neighbourhood

 

Don’t forget that you’re buying more than just the house you’re looking at; you’re also buying into the neighbourhood. Take the time to talk to your potential neighbours to get a good idea of what it’d be like to live in the area. Ask questions regarding safety, traffic conditions, and other factors that you believe to be important in your place of residence.

 

 

Sources:

Home ownership in Fort St. John – $90K earners apply within, EnergeticCity.ca

Homebuying Step by Step: The Buying Process, Canada Mortgage and Housing Corporation

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Looking to invest in the real estate market? For prospective real estate investors in Canada, Fort St. John is definitely the place to be. North Eastern British Columbia’s major service centre is rife with mega projects at its doorstep, such as the liquefied natural gas (LNG) from shale gas in the Horn River Basin, Site C Hydro Dam, and the gas collection and processing structures in Liard Basin and Montney field.

 

 

Indeed, Fort St. John is blessed in resources, and investors are lining up. Four LNG export facilities are expected to be built in northwest BC. The first of them is a $36 billion LNG export terminal at Prince Rupert, a project helmed by Malaysia-based gas giant Petronas, along with its subsidiary Pacific NorthWest LNG.

 

With massive projects popping up left and right, people are starting to move into the Fort St. John community at a speedy pace. Workers transferring into the city need accommodation, and the real estate market is the first order of business for most of these professionals. Housing will have to keep up with demand, which can cause house prices to rise even more.

 

According to stats released by the B.C. Northern Real Estate, homes in Fort St. John cost over $400,000 on average in 2014. From January to October last year, homes for sale in Fort St. John, BC averaged a whopping $414,445, yielding a $43,710 increase from the previous year’s rate during the same period.

 

Petronas wants its Prince Rupert facility in operation by 2019. An expected offshoot of this is that housing prices in Fort St. John are going to skyrocket. Those who would like to own a piece of property in the area should therefore realize that now’s the time to invest in homes for sale in Fort St. John, BC.

 

Potential investors stand to benefit the most from working with prolific a REALTOR® like Scott Sauer. Real estate agents such as he have honed their craft from many years of experience in the business, so they’ll know what to expect and how to navigate the Fort St. John real estate market adeptly. They’ll also know the area you’re interested in like the back of their hand. Suffice it to say, these agents will be armed with the expertise you need to help you get the best price for the properties you’re looking to invest in.

 

(Source: Northern communities scramble to upgrade roads, bridges for LNG, Business in Vancouver, Nov. 11, 2014)

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Any major project that goes through First Nations land will definitely face opposition from its people. That's why project managers are careful not to earn the ire of the aborigines.

So imagine the level of success achieved when both urban and rural folk ink the contract and give the project the green light. That's what happened with the bilateral approval of the Pacific Trails Pipeline, a 463-km liquefied natural gas (LNG) pipeline co-owned by multinational gas giant Chevron and Australian petroleum company Woodside.

Moricetown Band was the final major obstacle in the pipeline's approval. Sixteen First Nations groups, whose lands will be traversed by the pipeline, signed the agreement and will receive nearly $6 million over the course of the contract. An immediate payment of nearly $1 million is part of the $6-million care package.

From the city of Prince George in the north of BC, the pipeline's destination will be Kitimat, a municipality in the North Coast of the province. The pipeline can now act as a sort of super highway for LNG to be transported and exported out of a proposed plant in Kitimat. Shipments, however, are expected to commence in 2023.

The blazing LNG industry is largely responsible for the spike in property prices around the area. Prices of detached homes for sale in Fort St. John, B.C., as of October 2014, are playing around $410,200, a 10.1-percent increase from last year. This isn't just the accomplishment of a flourishing LNG market but also of a proposed $7.9-billion dam just southwest of the city.

Experts say rising home prices are generally good if accompanied by a strong demand. LNG Country, figuratively speaking, is meeting those two factors to sustain long-term growth. As more people move into the city to work for the industry, real estate developers must keep the construction pace brisk and constant.

There have been developments in the city since 2012, with the opening of a state-of-the-art rural hospital in summer of that year, and a new fire hall in December of 2013. There are also a number of commercial or mixed-use property developments that would surely stir life into the construction sector and influence demand on the realty side.

Owners of existing homes looking to sell their property can also contribute to the active property market. A REALTOR® like Scott Sauer can help assess the value of Fort St. John homes for sale based on real-time data and rates. With the right price, newcomers will have a nice home ready at Fort St. John and home sellers will have enough profit to start anew.

(Source: "Final First Nations group along proposed LNG pipeline signs deal," Globalnews.ca, January 23, 2015)

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A drop in global oil prices may favor consumers, but it also cuts the revenue of companies and oil-producing countries. It has considerable implications, for instance, on Canada, the world’s fifth largest oil producer, where the oil and gas industry contributes around $50 billion to the national economy.

B.C. Premier Christy Clark remains optimistic, however. During the recently concluded B.C. Natural Resource Forum in Prince George, Clark expressed her belief that adapting to these changes will help the local energy industry resist fluctuations in oil prices. It is also worth noting that other natural resource sectors like liquefied natural gas (LNG) are growing strong.

The province has plans to export LNG to Asia via Malaysian oil and gas giant PETRONAS. It may take a while before the project kicks into high gear, but Clark wants to make sure everything is covered, e.g. fulfilling environmental requirements, consulting First Nations, investing in major preparations, and so on.

The Fort St. John area, in this case, will be a key player. The Montney Basin, which stretches along the Rocky Mountains as far as eastern Alberta, contains an estimated 449 trillion cubic feet of extractable natural gas, enough to supply Canada alone for 145 years. From there, LNG will be transported via pipelines connected to the coastal areas like Prince Rupert and Vancouver.

As numerous construction and oil rig jobs are generated, this city in the Rockies will be bustling with even more economic activity. More workers and their families will pour into the city, increasing demand for basic necessities such as new homes for sale in Fort St. John, B.C. People who seek suitable investment properties are also expected to take note of these developments.

Top REALTORS® like Scott Sauer are in the best position to help buyers and investors find the right homes in Fort St. John, primarily by conducting a comparative market analysis (CMA). By determining how homes fare in a localized setting, sellers can derive the right price for a certain property. The CMA uses data from as early as last year and covers pocket markets (i.e. one’s prospective property as well as houses on the next street).

Those looking to invest in the thriving housing market that is Fort St. John and surrounding areas can use CMAs to their advantage. The result reflects a win-win situation: the buyer will see the value as fair, while the seller is able to use his home equity to look for a new and even larger residence. At any rate, those who seek the kind of homes for sale in Fort St. John, B.C. that make for cash flow positive investments would do well to work with a trusted REALTOR® like Scott Sauer.

(Source: "Clark confident in LNG future," The Prince George Citizen, January 22, 2015)

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Energetic City’s real estate market continues to be sizzling hot, and its various flourishing industries significantly influence the trend. As big companies migrate to the region to explore its rich resources, Fort St. John, BC homes for sale are getting more valuable and in-demand. Here are three sectors that investors find profitable to explore:

 

 

Agricultural Ventures

One of the latest developments in the city’s agricultural scene is the new Agricultural Land Reserve panel, where two of the three members are Peace Region locals. Northern Horizon correspondent William Stodalka has more on the story:

Late last week, the Ministry of Agriculture announced that these three people – a retired farmer, a rancher and a bookkeeper – would join the Agricultural Land Commission’s North panel.

Previously, one large ALC panel made all the decisions. Now, there are six regional boards, and some of the people who previously served on the big ALC panel have gone to these other panels. However, all of the three panellists in the North are new to the ALC.

B.C. Agriculture Minister Norm Letnick said that the province’s Board Resourcing and Development Office chose the panellists around the province from over 100 applicants.

“Now that we have local panels, people who live in the area, they should have a much better appreciation of the local area and what’s happening in the region,” he said. “It makes it easier for them if they want to go on site and see what’s happening.”

Energy Projects

Of course, even if it has expansive lands for forestry and agricultural opportunities, Fort St. John won’t be called the “Energetic City” or “BC’s Energy Capital” without its prosperous oil and gas industry. Abundant in shale gas supply, the region has been touted as a centre for drilling. Its future looks even more lucrative with the extraction and export of liquefied natural gas (LNG) to Asian markets. The approval of the Site C Dam construction project will help supply power for the provinces industrial projects and booming population growth.

Real Estate Opportunities

The industrial growth in the area fuels its thriving real estate market, and homes are getting sold to prospective residents and investors quickly. Together with a healthy economic condition, local infrastructure improvements also encourage more individuals and families to move to the city. To avoid limited supplies or high prices, new residential developments are expected.

If you need help finding homes for sale in Fort St. John, BC that you can flip or where you can settle down if you work or run a business in the region, talk to an experienced agent like Scott Sauer. As a REALTOR®, he can provide you a wide range of options. Aside from residential properties, he also has plenty of resources to assist you in looking for farms or homes on acreages and other recreational properties in the area.

(Source: New Agricultural Land Commission panel chairs for the North, Northern Horizon, October 16, 2014)

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Selling in Winter

Many clients ask me if the housing market slows in the cold months. To their amazement I always answer, no. The cold actually weeds out the “lookie loos”. When it’s dark, cold and snowy, home buyers with little or no motivation to actually buy a home stop looking. The buyers who are ready and motivated to buy don’t let seasonal elements deter them.

Please keep this in mind when you are ready to Buy or Sell real estate of any kind, in FSJ it's always a 'good time' to make a real estate move. Whether it is your first purchase, contemplating a move to the country side, creating investment strategy or upgrading your business, I can help.

Call or text me for immediate professional advise 250-794-1515 cell or toll free 1-855-585-1515.

Renovate to sell?

Renovating your home to keep it long term is totally different than trying to increase the “Saleability” of your home. “Saleability” – to change an existing feature in your home that you may love, but most buyers may not prefer like extreme paint colors. This is important to keep in mind as frequently when I work with buyers they will remember a home by referring to it as the “Pink Living Room House”. REALTORS® frequently remind buyers “it’s only paint”, but what a buyers see’s, is what a buyer remembers, the “Pink Living Room”. Paint will transform your home and make it feel fresh and loved. Contemporary color will also help the buyer feel they don’t have to paint again. Call or text me, I would be happy to do a pre-sale consultation with you to discuss if there are any simple cosmetic upgrades that could improve the “Saleability” of your home and put more money in your pocket.

Call or text my cell 250 794 1515 for immediate professional advice. I will show you all the homes listed by all the different Real Estate Companies that meet your “Vision”.

Property listings 

56 8420 Alaska Rd

3 bedroom and storage room with 1 bathroom home in Peace Country Park with a nice addition to give you the space you need. Has a new BC Safety sticker and is ready for you. Best price in the park. MLS ® Call or text Scott (250) 794-1515. It's a Beauty!

31 8420 Alaska Rd – “Sold in 1 day” Banner

Beautiful 1993 home with 3 bedrooms and a nice 10'x16' addition that could be used as a 4th bedroom or a fantastic TV room. Newer roof, windows, vinyl siding, and extra insulation was added when this work was done. Inside there is a fully-renovated bathroom and newer flooring. A nice-sized deck with access to the yard, and 3 storage sheds for you also! MLS ® Call or text Scott (250) 794-1515. It's a Beauty!

8007 88 Ave “Sold Over Asking”

½ Duplex near Duncan Cran elementary school with the perfect floor plan. 3 bedrooms up, entertainers main floor and a huge fully fenced back yard. The master bedroom is huge with plenty of space for your full size furniture including a kind bed. MLS® Call or text Scott (250) 794-1515. It's a Beauty!

9408 96 Ave – “Development Potential” Banner

Cute 2 bedroom home on a large lot, updated furnace and hot water tank, newer flooring, newer windows (all but one). and the bathroom has updated tub-surround and toilet. Parking in the front and off the lane. Zoned R2, lot is 50' x 136' according to the city tax records. Call for your viewing.

Price Report

Record Breaking News! Unprecedented growth in home prices. The average price of a home in Fort ST John has maintained an average price above $400,000 for 2014. From January 1 to October the average price is $414,445*. This is an increase of $43,710*. Your home may be worth more than you expect. Not all REALTORS® are the same, talk to me and see the difference. Call or Text me for immediate professional results and a pin point price on your property. Cell 250-794-1515 or toll free 1-855-585-1515

*Based on BCNREB stats Oct 31, 2014

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Clean and renewable energy has been a hot topic throughout the world in recent years. Fortunately for British Columbia residents, the province has taken a step towards providing clean energy. The following excerpt is from CBC News:

The federal and B.C. governments have issued an environmental assessment certificate to B.C. Hydro for the Site C Clean Energy Project, located seven kilometres southwest of Fort St. John.

In a statement issued Tuesday, the B.C. forest and environment ministers said they had decided that Site C, a proposed $8-billion hyrdoelectric dam on the Peace River in Northern B.C. is in the public interest and that the benefits provided outweigh the risks of significant adverse environmental, social and heritage impacts.

In light of this news, people who have recently purchased homes for sale in Fort St. John, BC can support this green movement by making a few changes around their new home. Some of these include:

Energy-efficient systems

Clean energy wouldn’t be very effective if your home has energy vampires. Old heating or air conditioning systems should be switched out with their more energy-efficient counter parts as soon as possible, for example. The same should be done with your windows. Apart from saving on energy, you also get to save hundreds of dollars on your heating and cooling bills. On a side note, to save money and energy with your existing heating or cooling systems install a programmable thermostat. With a programmable thermostat you can save money and energy without even having to remember to adjust your home and away settings.

Solar panels

Although installation can be a bit pricey, solar panels practically pay for themselves. In fact, experts claim you can make thousands of dollars every year by selling electricity back to BC Hydro. Consult with BC Hydro for the exact requirements.

Relocate your refrigerator

Since your refrigerator is meant to keep things cool, it has no business being next to machines that produce heat. This is because your refrigerator has to use extra energy to battle the heat produced by it’s neighbouring appliance. Move your refrigerator to a new location if it’s next to your stove or dishwasher. This will save you money and potentially make your fridge last longer and add value to your home when it comes time to sell. Homes with the fridge and stove side by side look dated as modern kitchen design always have the appliances separated.

These are only some of the things you can do to make your home a little greener. If you have yet to purchase one the many beautiful Fort St. John, BC homes for sale, try looking for homes that already have green measures installed. Be sure to mention what green features you are looking for to a respected REALTOR® like Scott Sauer to make your search a little easier.

(Source: Site C dam granted environmental assessment approval; CBC News; October 14, 2014)

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How do my friends afford “Investment Property”?

Let me explain, friends, family and co-workers may be utilizing a financial strategy called “Leverage”. What is leverage? Basically you access the equity on the current value of an asset you already own. Your bank or Credit Union will issue a line of credit secured to the asset based on its value. A simple example, your house is valued at $400,000. Your mortgage balance is $300,000. This leaves you with $100,000 of equity. Under current lending rules you can access up to 80% of your equity, 80% of $100,000 is $80,000.

With $80,000 as a down payment you may qualify to buy a $400,000 investment property. Many homes valued at about $400,000 in FSJ are renting for a range of $2500 to $3400. This makes the property “cash flow positive” or producing a profit every month after making all the payments and tax. With a rate of 2.5% over 25 years your monthly payment is $1436 + insurance + L.O.C + tax. The return is very favorable. Call or Text me 250-794-1515 for immediate professional real estate advice. Start paying yourself every month.

What should I buy?

Fort St John is one of Canada’s hottest real estate markets. The average price for a home in town is going up 

historically speaking by about 10% a year, some properties experience even greater increases! This leave the question for home buyers, What kind of home should I buy?

I recommend starting with a “Vision of a Home”. Take a second and make a list of what is important to you today and what you think you will need in 3 or 5 years. This will help you ensure you don’t buy the wrong kind of property. If you are tempted by a shinny new condo but for the same price you may be better suited to buy a solid older home with a yard so you can park the toys you plan to buy. Once you complete your “Vision of a Home”.

Call or text my cell 250 794 1515 for immediate professional advice. I will show you all the homes listed by all the different Real Estate Companies that meet your “Vision”.

8007 88 Avenue

Immaculate half-duplex with the perfect floor plan. 3 bedrooms, 2 baths. Open living, eating and kitchen area. Generous living room fits all your full-sized furniture. View of the backyard from kitchen so that you can watch the kids play in the fully-fenced backyard. Still covered by new-home warranty. MLS® Call or text Scott (250) 794-1515. It's a Beauty!

9408 96 Avenue

Cute 2 bedroom home on a large lot, updated furnace and hot water tank, newer flooring, newer windows (all but one). and the bathroom has updated tub-surround and toilet. Parking in the front and off the lane. Zoned R2, lot is 52' x 136' according to the city tax records. MLS ® Call or text Scott (250) 794-1515. It's a Beauty!

11316 95 A Avenue

Cute as a button and immaculate! Across from the park. 3 bedrooms on the main floor, 1 bedroom downstairs with a huge family room and a 3-pc bath. The main floor has oak country kitchen with a modern open floor plan.The basement has a good-sized laundry room with newer front-loading machines. MLS ® Call or text Scott (250) 794-1515. It's a Beauty!

56 8420 Alaska Road

3 bedroom and storage room with 1 bathroom home in Peace Country Park with a nice addition to give you the space you need. Has a new BC Safety sticker and is ready for you. Best price in the park. MLS ® Call or text Scott (250) 794-1515. It's a Beauty!

House Prices Increase 10%!

House prices are on track to exceed a 10% price increase. The average price of a house in FSJ from Jan 1 to Oct 1 2013 was $372, 506 for the same period in 2014 the price is $410, 197*. If you are considering buying your first home, don’t delay. The longer you wait your buying power diminishes. Let me help you find the perfect home. Call or text my cell for immediate professional real estate help: 250-794-1515.

*Based on BCNREB stats October 1, 2014

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Pricing Your Home?

When sellers receive an offer quickly, it’s a natural reaction to wonder if they priced it too low. This is not the case, when a new listing comes on the market, all the motivated qualified buyers look in the first few days. If your home is priced right, one of those buyers will buy your home.

When a home seller does not receive an offer, they ask “why doesn’t someone write an offer”. The reality of the situation is that in a hot market like FSJ buyers rarely write offers on homes priced too high.

Buyers aggressively compare all the homes for sale and always choose the home with the most value. If one home is overpriced by as little as $15,000 on a $350,000 home, chances are this home will not sell. Let me explain. Over priced homes make homes ‘priced right’ look like a better deal. The accurately priced home will offer more value, like a better location, renovations or a shop. Overpriced homes may receive a lot of showings but rarely receive offers because the buyer see’s better value for the same money in other homes. Overpriced homes make right priced homes sell faster. The average days it take a home to sell in FSJ is 35 in 2014, my average is 8 days*. I am very proud of my ability to price your home right so that your home will sell for the most money possible. Call or text Scott for immediate professional advice at 1-250-794-1515 or email me at scott@scottsauer.ca. *BCNREB Stats 09/02/14

Mortgage Thoughts

Here’s a quick note to let you know how I can help you—or anyone you feel comfortable introducing me to.

There is more to a mortgage than just the interest rate. Protect yourself, and choose your new mortgage with the lowest pay out penalties. If you need to sell your home or change your mortgage for any reason during the term of your mortgage this will make your life much happier. The two most common pay out penalties are “3 Month Penalty” or “Interest Differential”. 3 Month Penalty- The bank or financial institution that holds your mortgage charges you the equal amount of the interest you would pay over a 3 month period. Interest Differential- The bank or financial institution that holds your mortgage charges you an interest penalty in a complex formula comparing your interest rate with current rates and the amount of time remaining on your mortgage. The difference is $1000.00’s of dollars more.

I highly recommend talking to Thom at the local credit union or text me and I will help you understand the basics 250-794-1515

8007 88 Ave
Banner "1/2 Duplex"
Price $299,999
Photo "Bright floor plan"

Immaculate half-duplex with the perfect floor plan. 3 bedrooms, 2 baths. Open living, eating and kitchen area welcome you when you open the door. Generous living room fits all your full-sized furniture. The kitchen abounds with counter space, and a view of the backyard so that you can watch the kids play in the fully-fenced backyard. To help keep the house tidy, there is a mud room with laundry. Huge crawl space for storage also. Upstairs are 3 bedrooms and a full bath. The master bedroom is gigantic. Still covered with new-home warranty and ready for you! MLS® Call Scott 250-794-1515

9408 96 Ave
Banner "Duplex Zoned"
Price $250,000
Photo "Exterior "

Cute 2 bedroom home on a large lot, updated furnace and hot water tank, newer flooring, newer windows (all but one). and the bathroom has updated tub-surround and toilet. Parking in the front and off the lane. Zoned RM2, lot is 50' x 136' according to the city tax records. MLS® Call or text Scott for your viewing 250-794-1515.

11319 95A St
Banner "Sold"
Price - Sold full price
PHoto kith

Cute as a button and immaculate! 3 bedrooms on the main floor, 1 bedroom downstairs with a huge family room and a 3-pc bath. The main floor has oak country kitchen, open floor plan. Kitchen window overlooks the huge wrap-around deck. The attached garage is wired for 220v. The basement has a good-sized laundry room with newer front-loading machines. This is the perfect family home with a good roof and updated hot water tank and furnace. Easy to see, so call or text Scott for immediate professional help. 250-794-1515 MLS®

9607 98 St
Price - Sold Full Price
Banner Sold
Photo - Jai

R2 zoned. Double garage. 2200 sq ft. 4 bedroom, 2 bath home with large principal rooms and a fully-finished basement. The double, attached garage is 25x26. The kitchen is large with oak cabinets and lots of counter space. Kitchen is open to the huge semi-formal eating area. The basement is perfect for the family, with space for a rec room plus a pool table, and a games area. 2 additional bedrooms and a 3-pc bath. Basement could be converted to a rental suite. It's a beauty! Call or text Scott 250-794-1515 cell

Houses prices increase 22%!!

The average price of a house in FSJ has gone up 22.36% based on the average sale price in August 2013 compared to August 2014. The average sale price of a home in August 2014 in FSJ was $446,889. That is absolutely mind blowing. If you are considering making a change call or text me for immediate professional Real Estate advice 250-794-1515 cell

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Are you looking for lovely Fort St. John homes for sale? If so, be prepared to spend a little more than the rest of your northern B.C. neighbours. According to a report from The Alaska Highway News, prices for homes in Fort St. John have been steadily rising in recent months:

 

 

For the first time, properties in Fort St. John are now selling for an average price of over $400,000, recent data from the BC Northern Real Estate Board suggests.

This makes Fort St. John the most expensive place to buy homes in northern B.C., but as other data shows, still surprisingly affordable compared to the rest of the province.

Prices can vary month to month, the board said in its report, but for three months between March and June, the average house selling price went between $400,000 to $425,000.

According to experts, the price increase is attributed to the lack of supply coupled with a strong demand for homes. If you truly are serious about purchasing a home in the Energetic City, you’ll need to act quickly.

Luckily, there are several steps to help speed up the sale process and ensure your dream home doesn’t slip through your fingers. Such steps include the following:

Get Pre-Approved for Mortgage Financing

Make an appointment to talk with a Mortgage expert, ensure the person you are seeing primarily focuses on helping clients secure mortgage financing. A loans officer does not have the specialized skills required to ensure you will have all your ‘financial ducks’ in a row when it comes time to close the deal. A mortgage specialist will ensure you have a solid understanding of your budget and wont be disappointed with financial issues.

Check Your Credit Rating

This is the first step toward purchasing homes for sale in Fort St. John, B.C. Not only does your mortgage lender need this information, but doing so also provides you time to fix a less-than-ideal credit rating. You can request a FREE credit report from Equifax Canada or TransUnion Canada once a year.

Work with a Realtor®

Do not underestimate the power of a professional Realtor®. An experienced Realtor® like Scott Sauer (250-794-1515 cell) will find you your dream home. Scott will ensure you beat other buyers to the hot new listings allowing you to be first to decide if you want to buy the home. At the same time, a Realtor® can keep negotiations on-going on your behalf, allowing you to buy the house faster.

Make a Larger Down Payment

Remember: sellers are selling their homes and are ready to make a deal with qualified buyers. Having a pre qualified mortgage will show you are a serious buyer. I can help you save money buy writing a contract that they’re more likely to accept rather than toss you to the side and wait for a serious buyer. I will ensure your offer is accepted right then and there.

(Source: FSJ home prices cross the $400,000 mark; Alaska Highway News; August 7, 2014)

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Sold in 7 Seconds!

Seven seconds. That’s how long a listing has to capture the attention of a home buyer who’s sifting through all of listings on the computer as they start their home search. Will your listing make their short list?

 

97% of home buyers begin their search online by browsing listings. They spend an average of 7 seconds previewing a home before deciding if they’ll look deeper or move on. Too many MLS listings and photos are poorly crafted and fail to capture the buyer’s interest, meaning the opportunity with that buyer is lost forever. As a REALTOR®, I take the MLS listing very seriously, knowing it will be seen by hundreds of buyers through many partner sites. My approach works.

 

Look at this impressive stat proving my point. The last 5 listings I have sold, sold in 1 day*. Let me sell your home in 7 seconds for top dollar. Call or text Scott for immediate professional advice.

*Sold April – May 2014


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5 steps to ownership

 

Always wanted your own home?


Here are your 5 steps to ownership:

1) Call Scott 250-794-1515 to discuss what you want to accomplish.
2) Scott will establish a customized strategic plan to lay out a step by step plan for you to accomplish your goals.
3) Scott will connect you with my team of professionals, Mortgage financing, Home inspectors and Lawyers.
4) Buying a home is very technical and requires attention to detail. Let me guide you.
5) I can show you all the new listings before they go on any public MLS site. Beat other buyers to the best homes with my VIP Buyers program. Let's find you the right home!

 

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Price Report for Fort St John

 

Record Breaking News! Unprecedented growth in home prices. The average price of a home in Fort St John has exceeded $400,000 for the first time ever. Your home may be worth more than you expect. In the past 12 months alone your home increased by over $26,000. Call or text Scott for up to date information on the value of your home: 250-794-1515. *Based on BCNREB stats Aug 1, 2014

 

 

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LISTINGS

11316 95A Avenue
$370,900
Cute as a button and immaculate! Across from the park. 3 bedrooms on the main floor, 1 bedroom downstairs with a huge family room and a 3-pc bath. The main floor has oak country kitchen with a modern open floor plan.The basement has a good-sized laundry room with newer front-loading machines. Call or text Scott (250) 794-1515. It's a Beauty! MLS ®

 

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Mile 18 Old Alaska Hwy
$150,000
Backing onto the Kiskatinaw River Valley, with paved roads right to the property and two building sites cleared and road built into them. 146 Acres of unspoiled perfection covered in heavy timber. Build a new home or a cabin for your private retreat. It WAS a Beauty. Listed by Re/Max Action Realty. MLS®


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9607 98 Street
$305,000
R2 zoned - Double Garage, 2200 sqft 4 bedroom, 2 bathroom with large principal rooms and a fully finished basement. The double attached garage is 25x26 with electric doors. The basement is perfect for the family room plus a pool table and games area. MLS ® Call or text Scott (250) 794-1515. It's a Beauty!

 

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9103 99 Avenue
$429,900
Beautiful home 5 bedrooms and 3 full bathrooms. This home features vaulted ceilings on the main floor and a completely updated kitchen w stainless steel appliances. The eating area open to the large sunny deck overlooking the yard with a fire pit. Fully finished basement. MLS ® It's a Beauty. Call or text Scott (250) 794-1515.

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The oil and gas rush continues around Fort St. John.

Land sales over rights to oil and gas deposits totaled $43 million, signifying the continuation of the massive oil and gas exploration in the area. Some of the key parcels of the August 2014 sale included drilling licenses in the Buick Creek and Flatrock regions. If successful, petroleum companies can have exclusive rights over vast oil and gas fields for several years.

 

 

Fort St. John is considered the heart of British Columbia's oil and gas industry, according to the BC Oil and Gas Commission. Past geographical surveys and petroleum explorations have used the area as a basis for estimating the province's oil and gas reserves. Nominal reserves record roughly four quadrillion cubic feet, but gas-in-place is two-thirds of that amount.

Exploration and development of the new leases will surely fuel the job market, as bringing a well into service can take years to complete. Workers from all corners of the country are flocking to this vibrant cominity and enjoying the high quality of life Fort St John offers. The duration of the oil and gas hunt with such massive reserves will not end any time soon. The wages far exceed most jobs in the south of the provice.

Homebuyers should look to a REALTOR® like Scott Sauer for quality homes for sale in Fort St. John, BC. With business booming in this quaint city, those moving in for work could certainly use some help from professionals knowledgeable in the local area.

Completing a real estate transaction involves four steps: consultation, advice, negotiation, and supervision of all the closing details. The first step is to call Scott toll free 1-855-585-1515 or text 1-250-794-1515 and tell Scott what kind of home you would like to own. He'll work his expertise, namely ten years of real estate experience, to help you buy your dream home without any hitches. He can even seek assistance from his connections in other industries to further expedite the completion of transaction.

Scott will also explain your options in buying a particular house. Listing prices don't mean selling prices; a thorough review of the property will provide you with the necessary info to negotiate the price. Once the contract has been made and signed, Scott will still be by your side, guiding you throughout the post-purchase process. The real estate market is booming with average home prices increasing by about 10% to 12%, Scott will help you find good Fort St. John homes for sale.

(Source: "B.C. oil and gas land sales total CAN$ 3 million," LNG Industry, August 15, 2014)

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What is the history of this house?

 

Here’s a quick note to let you know how I can help you—or anyone you feel comfortable introducing me to.

Buying a home means buying the history of that home. The more a buyer knows about that history the happier they’ll be in creating their own story there. But home sellers sometimes are nervous about divulging history, especially if it’s tinged negatively. Luckily for buyers, it’s the law that when sellers complete the property disclosure statement, issues like a persistent leak, or the fact that the sewer line backs up in a heavy rain will be disclosed to you.

As a real estate consultant, my solution to awkward disclosures is to prepare the seller’s positions in advance, right when we’re listing the home. Then, if a buyer has concerns with any of the disclosures, we are ready to negotiate strongly.

If you or anyone you know, is thinking about selling a home and needs a strong negotiator, call me or text me at 1-250-794-1515 or email me at scott@scottsauer.ca for immediate professional advice.

Who’s the next person you know who’s thinking about selling a home? Please let them know how my experience can help them.

Should You Downsize Before Retirement?

Many homeowners live in large, often multi-story homes that they simply don’t need any longer. Their kids are grown and moved out. They don’t enjoy cleaning it. They can’t manage the huge yard. But they own it free and clear…so why move? Here are some thought-provoking questions for boomers to consider.

Is your house worth enough so that you can buy a nice single level home for less? There are several developments in Fort St John that may meet your needs perfectly. Would it be more profitable to invest your equity now and enjoy life a bit more? Travel, buy a nice RV or move South?

If you, or someone you know, lives in a home that’s too large for them now, and they might want help answering these real estate questions, please call or text me at 1-250-794-1515 or email me at scott@scottsauer.ca for immediate professional advice.

 

 

8127 94 Ave - SOLD

Nicely kept home with 2 bedrooms a den and a bonus second living room. Both bedrooms are a good size and the den has a sink that the owner uses as a art studio. Outside a new huge wrap around deck and 3 outbuildings. Huge lot 49' x178'. It WAS a Beauty.

8223 96 Ave - SOLD

Amazing fully renovated 2 bedroom, one bathroom home with open style living. The kitchen is well appointed and open to the living room. The entire home has been updated, new bathroom, updated flooring, this home is really nice. Manicured yard. It WAS a Beauty!

9607 98 Ave

R2 zoned - Double Garage, 2200 sqft 4 bedroom, 2 bathroom with large principal rooms and a fully finished basement. The double attached garage is 25x26 with electric doors. The basement is perfect for the family room plus a pool table and games area. Call or text Scott (250) 794-1515. It's a Beauty!

9103 99 Ave

Beautiful home 5 bedrooms and 3 full bathrooms. This home features vaulted ceilings on the main floor and a completely updated kitchen w stainless steel appliances. The eating area open to the large sunny deck overlooking the yard with a fire pit. Fully finished basement.It's a Beauty. Call or text Scott (250) 794-1515.

Price Report for Fort St. John

Outstanding, fabulous numbers for Duplex owners. The Year to Date (Y.T.D) average sale price of a Duplex as gone up by *16.8% or $51,000. If you have owned a Duplex for a year or two did you realize you may be able to sell your duplex and buy a house with a shop? Call or text me 250-794-1515 and let me explain. *Based on BCNREB stats July 2, 2014

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SELLING SEASON!

Statistics show that the busiest months for home sales are the warm months. The warm weather is finally upon us. It’s true that more homes sell in the summer, because buyer demand builds steadily throughout the spring. Sales then peak during the warmest months, June, July, and August, when it's easiest for families to move without uprooting their children from school. Homes that go up for sale in June show up as "sold" homes in July and August, indicating that the early summer might be the peak time to market a home to capture buyer interest. I've observed that the heavy buyer interest in May has created “market energy” that translates to faster sales at stronger prices. Call or Text Scott for immediate professional advice: 250.794.1515

 

TO FIX OR NOT TO FIX?

Here’s a quick note to let you know how I can help you. Deciding what to fix and not fix before selling a home should be a simple calculation of dollars in vs. dollars out. However, whether a given project is worth doing depends on the current state of the property and a buyers’ expectation at that price range. This is where I shine. I will guide you and establish a strategic plan to sell your home for the most money with the least amount of work on your part. Which tasks to do—and not do. For instance, should you paint? Add insulation to the attic? In your neighborhood would replacing the appliances be worthwhile? What a seller does depends on what they’re competing against in their marketplace. I am your best source of information about what will help your home sell faster and for more money. Call or text Scott now 250.794.1515

 

8973 75 St

Nicely updated home on its own lot 49x150. The home has two large bedrooms and a home office or craft room. Enjoy the summer nights on your huge deck 16x20 or sit in the backyard around the fire pit. Lots of room to build a shop in the back & a new 10x16 shed with power. Call or text Scott (250) 794-1515. It's a Beauty!

 

8127 94 Ave

Nicely kept home with 2 bedrooms a den and a bonus second living room. Both bedrooms are a good size and the den has a sink that the owner uses as a art studio. Outside a new huge wrap around deck and 3 outbuildings. Huge lot 49' x178'. It's a Beauty. Call or text Scott (250) 794-1515.

 

9607 98 Ave

R2 zoned - Double Garage, 4 bedroom, 2 bathroom with large principal rooms and a fully finished basement. The double attached garage is 25x26 with electric doors. The basement is perfect for the family with space for a family room plus a pool table and games area. Call or text Scott (250) 794-1515. It's a Beauty!

 

9103 99 Ave

Beautiful home 5 bedrooms and 3 full bathrooms. This home features vaulted ceilings on the main floor and a completely updated kitchen with newer counter tops, glass tile back splash and stainless steel appliances. 3 bedrooms on the main floor with 2 full bathrooms. It's a Beauty. Call or text Scott (250) 794-1515.

 

Price Report for Fort St. John

More good news! Take a look at the numbers. The Year To Date (Y.T.D) average home sale price year to date in Fort St. John is up 21.4 % or $22,515! This is absolutely amazing news for home owners. If you are considering buying a different home, I can help. Let me connect you to my team of industry experts that will make your Selling and Buying process a snap.

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Tremendous news for the economy of Northern BC as the Northern Gateway Pipeline porposed by Enbridge has been conditionally approved.  Millions of dollars will be spent in comunities as the pipeline is built and full time jobs created.  This kind of positive news will draw more workers to our comunity and creat a greater demand for housing.  In 2014 we have received the conditonal approval for Site C hydro electrical dam and now the anticipated Northern Gateway.  I look forward to these projects gaining full approval and the tax dollars they will generate the imporve the roads, schools and health care for all British Columbians. 

 

The federal government has agreed to let Enbridge build its Northern Gateway pipeline, subject to 209 conditions recommended by the National Energy Board and further talks with aboriginal communities.

Enbridge wants to build the pipeline from Bruderheim, Alta., to Kitimat, B.C.

 

This is the text from the question period 

 

NDP Leader Tom Mulcair called it "folly" and "pure madness" to think anyone can put supertankers in British Columbia's Douglas Channel.

Both Mulcair and Liberal Leader Justin Trudeau said they would reverse the decision to accept the National Energy Board's pipeline approval. Green Party Leader Elizabeth May, environmental groups and First Nations reacted quickly to news of the federal approval, releasing statements opposing it.

Nathan Cullen, the NDP's finance critic and an MP who represents an area the pipeline would traverse, said the approval is "an arrogant, Ottawa-based" decision.

"Conservative MPs know that. They will be held to account for this," Cullen said.

Conservative MPs 'hiding'

Natural Resources Minister Greg Rickford, whose office announced the decision to allow the pipeline, wasn't available for interviews on Tuesday. The announcement was made in a news release with no ministerial press conference.

Enbridge has to show the NEB how it will meet the 209 conditions and has to apply for more permits from the federal and provincial governments, Rickford said in the news release.

 

Enbridge has obtained the approval of the federal government to build an oil pipeline from Bruderheim, Alta., to Kitimat, B.C.(Julie Gordon/Reuters)

"In addition, consultations with aboriginal communities are required under many of the 209 conditions that have been established and as part of the process for regulatory authorizations and permits. The proponent [Enbridge] clearly has more work to do in order to fulfil the public commitment it has made to engage with aboriginal groups and local communities along the route."

 

Mulcair said Conservative MPs from British Columbia are "hiding under their desks right now" because the pipeline is already an election issue in the province.

Trudeau said British Columbians aren't opposed to economic development, but want it done right.

"This government has actually hindered our ability to get our resources to market by not doing its homework … not building the right kinds of partnerships with communities," Trudeau said.

Conditions not met

Art Sterritt, executive director of British Columbia's Coastal First Nations, said he's looking to B.C. Premier Christy Clark to stop the project. In a news release, Sterritt warned that First Nations are weighing a range of legal and direct action responses, but will wait to see what Enbridge does.

"We’ll see if Enbridge dares to put its shovels in the ground," Sterritt said in the release. "First Nations and our allies will protect our rights and the interests of future generations. We will never allow oil tankers into our territorial waters."

Clark has the power to grant or deny dozens of other permits for its construction. Her government has set out five conditions she expects to be met before allowing the Northern Gateway pipeline to be built across British Columbia.

B.C. Environment Minister Mary Polak said the province's conditions haven't changed and its five conditions haven't been met, the CBC's Stephen Smart reported on Twitter.

The Dogwood Initiative, which says it's B.C.'s largest non-partisan democracy group, also called on Clark to reject the proposal.

"First Nations and the democratic majority of B.C. voters oppose Northern Gateway. Despite that, Ottawa still intends to ram it down our throat. Premier Clark’s only politically viable option is to join us in standing up for British Columbia,” spokesman Kai Nagata said in a news release.

'Will not be built'

Other groups asserted that despite the approval, the pipeline faces too many obstacles to be built.

 

Protest signs are shown in the town of Kitimat, B.C., on April 12, 2014. Residents of the town voted against the Northern Gateway pipeline project in a blow to Enbridge's efforts to expedite the flow of crude from Canada's landlocked oilsands to high-paying markets in Asia.( Julie Gordon/Reuters)

"Approving the Northern Gateway pipeline rejects science, disrespects First Nations, ignores the Government of British Columbia and brushes aside the voices of millions of Canadians," Tim Gray, a spokesman for Environmental Defence, said in a news release.

 

"Despite cabinet’s approval, the pipeline will not be built. These conditions cannot be met — an approval with conditions is as good as a no. Opposition to the project will only grow louder and stronger every day. This project will be challenged in the courts and on the ground."

May said the terrain under which the pipeline would pass is rugged but fragile, making it extremely hard to clean up any spill.

"Every First Nation along the route opposes the project," she added.

More permits needed before construction can start

The federal approval is one more step in a long line of permits necessary for Enbridge to get access to the Pacific coast to ship crude to Asia.

The federal regulatory process began in May 2010 when Enbridge submitted its application to the National Energy Board.

Prime Minister Stephen Harper said in question period that Mulcair was trying to distract from what he called the NDP's opposition to resource development.

"The process we have in our government, in terms of environmental evaluations, we establish independent expert panels that follow a public and scientific process. When we've received the report from that process, we will make a decision obviously based on the facts in the not too distant future," Harper said.

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Aspiring homeowners in British Columbia who are trying to save a huge down payment might want to rethink their strategy, 5% down is all that is needed.  In an article for Alaskan Highway News, reporter William Stodalka writes that the prices of homes for sale in BC continue to rise as supply becomes scarcer while demand increases. Fort St. John, in particular, owes the increasing property prices to the booming oil and gas industry, with surprisingly shocking results:  In 2013 the average home increased in value by 10.3% according to BC Assessment.  A huge, scary increase in house prices for first time buyers, but a savoury gain for investors.

"The B.C. Northern Real Estate Board recently issued its annual affordable housing index. It indicated that the average home cost over $350,000, and that the percentage of household income when compared to the median income spent on homes was about 34.6 per cent.

This year, homes continued to cost over $350,000, but the percentage of income was about 35 per cent.

Fort St. John continued to remain the most expensive city to buy a home in northern B.C. on the list of 11 cities within the region."

Such conditions can make quality homes for sale in Fort St. John, BC harder to acquire, especially for those in the median income level. All hope is not lost, though, because an experienced REALTOR® like Scott Sauer will help them buy a house before they get priced out of the market.  A big part of this is working with a local mortgage specialists who, in turn can work out a payment plan that fits your budget. 

 

 

Scott Sauer not only has the appropriate skills and experience to manage a home purchase but can also provide useful insights on certain local factors that may affect real estate prices. I will explain why favourable economic conditions, similar to Fort St. John’s, is actually a mixed bag when looking at affordable housing.

On one hand, a good economic outlook leads to more jobs, higher income levels, and more home construction activity—signs that a city is a good place to settle down and prosper. On the other hand, job creation leads to population growth, which in turn leads to a greater demand for homes and a consequent price increase once new construction can’t keep up with demand. At present, the Fort St John housing market is on pace to match last years price increases of 10%, with the increase set to occur in mid-2014.

Consequently, this means that certain Fort St. John homes for sale worth $350,000 today may well cost at least $400,000 in just a few months. Fortunately, interested buyers can turn to a trusted and experienced REALTOR® like Scott Sauer who can help them purchase a dream home before the price sky rockets out of reach.

 

(Source: Chart: The high cost of housing, Alaska Highway News, June 4, 2014)

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