fbpx

News

North Delta April 2022 Neighbourhood Highlights

North Delta Housing Market (Neighborhood Overview)

For the third month in a row, the volume of new listings continued to increase in the Fraser Valley region. New listings decreased by 36.6% from March 2022. In North Delta, there was an inventory of 116 detached homes and 58 attached homes.

Anneville, North Delta Real Estate Highlights: There were 21 detached homes on the market and a total of 2 sold. In March 2022 there were 9 attached homes on the market and 4 sold. Single-family homes in Annieville all sold for an average of $1,544,045 which is 6.2% more than the average list price. 

Nordel, North Delta Real Estate Highlights: In April 2022, 12 detached homes sold for an average selling price of $1,623,800. Homes in Nordel, North Delta were on the market for an average of 7 days and they all sold for $1,370,000 or more. 

Scottsdale, North Delta Real Estate Highlights: 5 single-family homes sold in Scottsdale in March 2022 with an average day on the market of 6 days. Detached homes in Scottsdale had an average sold price of $1,617,166, all selling for $1.3 million or more!

Sunshine Hills Woods, North Delta Real Estate Highlights: There were 20

Buying your own home is one of the greatest personal achievements most people aspire to. However, it’s also quite challenging — which leads many to wonder whether homeownership is worth the trouble and cost in the first place. 

Renting may appear to be more cost-effective, but only in the short term. Conversely, in the long run, owning your own property brings plenty of tangible benefits. 

Couple renvating their home

Freedom to renovate your property

When you’re living in a rented property, landlords usually aren’t very receptive to the idea of tenants renovating their property according to their needs and wishes — even if you’ll actually be improving it. 

On the other hand, buying a home of your own means having complete discretion over the decorations — you’ve got complete creative freedom. So, if you decide to experiment with some extremely bright colours for your walls, or renovate your bathroom with a completely wacky theme — there’s no one to stop you or complain. 

Plus, if home improvements are successful, they tend to increase the property’s value — so if you own the place, each dollar you invest into renovations and fixes will come back to you if you decide to sell down the line.

North Delta March 2022 Neighbourhood Highlights

North Delta Housing Market (Neighborhood Overview)

For the third month in a row, the volume of new listings continued to increase in the Fraser Valley region. New listings increased by 41.4% from February 2022. In North Delta, there was an inventory of 92 detached homes and 48 attached homes.

Anneville, North Delta Real Estate Highlights: There were 22 detached homes on the market and a total of 14 sold. In March 2022 there were 6 attached homes on the market and 7 sold. Single-family homes in Annieville all sold for an average of $1,544,045 which is 6.2% more than the average list price. 

Nordel, North Delta Real Estate Highlights: In March 2022, 4 detached homes sold for an average selling price of $1,623,800. Homes in Nordel, North Delta were on the market for an average of 7 days and they all sold for $1,370,000 or more. 

Scottsdale, North Delta Real Estate Highlights: 5 single-family homes sold in Scottsdale in March 2022 with an average day on the market of 6 days. Detached homes in Scottsdale had an average sold price of $1,617,166, all selling for $1.3 million or more!

Sunshine Hills Woods, North Delta Real Estate Highlights: There were 20

Wealth is an essential ingredient for a high quality of life. Of course, the first things that comes to mind when someone mentions the concept of wealth are multi-millionaires and billionaires — but in reality, a decent level of household wealth is something attainable by most people.

Naturally, building your household wealth is only possible if you earn enough money to amass some savings, have a long-term plan for your finances, and start working on it early enough. And there’s one thing that helps a lot in ways you may not even be aware of — and that’s being a homeowner. 

With this in mind, we’ll share some of the foundational principles that can set you up to build your household’s wealth. One thing is certain — you can do this, the only question is if you will! 

Build your household's wealth through the compound interest effect

Compound Interest 

If you’re not a personal finance whizz, you may not be familiar with the concept of compound interest. Don’t worry, though — we’ll explain it in the simplest possible terms because it’s one of the keys to building your household’s wealth.

Essentially, compound interest is the process of earning interest on top of initial interest. 

When you make any kind

Buying a new home is a big deal — and getting swept up in the exciting process of moving is easy. However, even if you’re not a first-time homeowner, it’s easy to lose your head and end up making a couple of costly mistakes. The last thing you want is any issue jeopardizing the home you’ve worked so hard to buy. And that’s why we’ve created an in-depth guide for homeowners with what to do before moving into your new home. Here are a couple of practical steps you need to take early into your home-owning experience. If you do these properly right away, you’ll save tons of money, time, and effort down the line. 

A safe neighbourhood

Get to know the neighbourhood

Chances are that you’re moving to an entirely new neighbourhood — and there’s no time to explore it like the present! Luckily, North Delta is home to plenty of great amenities, restaurants, community centres, stores, and other points of interest for the locals. And seeing as you’re now one of them, these will become the brand new go-to spots for your family and yourself. 

So, once you feel like you need a little break from all the unpacking, take a

North Delta Neighbourhood February 2022 Highlights

North Delta Housing Market (Neighborhood Overview)

The Fraser Valley Real Estate Board received a record-breaking volume of new listings in February 2022. New listings increased by 75.3 % from January 2022. In North Delta, there was an inventory of 90 detached homes and 41 attached homes.

Anneville, North Delta Real Estate Highlights: There were 18 detached homes on the market and a total of 14 sold. In February 2022 there were 8 attached homes on the market and 5 sold. Single-family homes in Annieville all sold for an average of $1,695,433 which is 3.7% more than the average list price. 

Nordel, North Delta Real Estate Highlights: In February 2022, 13 detached homes sold for an average selling price of $1,749,554. Homes in Nordel, North Delta were on the market for an average of 13 days and they all sold for $1,630,000 or more. 

Scottsdale, North Delta Real Estate Highlights: 14 single-family homes sold in Scottsdale in February 2022 with an average day on the market of 13 days. Detached homes in Scottsdale had an average sold price of $1,685,555, all selling for $1.6 million or more!

Sunshine Hills Woods, North Delta Real Estate Highlights: There were 26 detached homes on

Selling your home isn’t an easy process — it can be emotionally challenging and time-consuming, mainly if this is your first time doing it. After all, you’ll be opening up the place where you’ve lived to strangers that will criticize and inspect it. And in the end, they will probably offer you less than the price you’d value your home at. 

All of this doesn’t mean you shouldn’t sell — it only means you should prepare for the process thoroughly. An emotional and complex transaction is hard such as this is hard even for people who have sold one of their homes in the past and even more so for someone who’s doing it for the first time.

There are plenty of common seller’s mistakes that you definitely want to avoid. Don’t worry, though, as our in-depth guide to the pitfalls of the average home seller will help you avoid them. If you don’t make any of the mistakes below, you’ll probably be able to sell your home within a reasonable amount of time and for the best possible price — without losing your mind in the process. 

Price Too High

1. Pricing Too High

The most common mistake people make when they

North Delta January 2022 Real Estate Neighbourhood Highlights

North Delta Housing Market (Neighborhood Overview)

The Fraser Valley saw the beginnings of the market rebalancing in January. Although it was still a seller’s market in January 2022 according to the Fraser Valley Real Estate Board the market cooled compared to December 2021. The trend towards rebalancing is predicted by an increase of 67.1% in new listings from December 2021. In North Delta, there was an inventory of 50 detached homes and 19 attached homes. 

Anneville, North Delta Real Estate Highlights: There were 15 detached homes on the market and a total of 10 sold. In January 2022 there were 4 attached homes on the market and all 4 sold. Single-family homes in Annieville all sold for an average of $1,875,200, which is 10% more than the average list price. 

Nordel, North Delta Real Estate Highlights: In January 2022, 5 detached homes sold for an average selling price of $1,650,450. Homes in Nordel, North Delta were on the market for an average of 6 days (2 days less than December 2021) and they all sold for $1,300,000 or more. 

Scottsdale, North Delta Real Estate Highlights: 5 single-family homes sold in Scottsdale in December 2021 with one home selling 1 day

Selling your home is an exciting, thrilling period — but as you start researching real estate agents and seeing what an important decision you have to make in choosing one, the excitement quickly turns to stress. The countless reviews, recommendations, and listings provide an overabundance of information — and it’s easy to become overwhelmed.

How do you decide on who’s the best choice for your home? Who is giving you the most trustworthy recommendations? 

While every situation and market is different, hiring an experienced local real estate team is the way to go around here. And if we’re being honest, it’s the safest option pretty much anywhere. 

So why are real estate teams the most valuable and practical option for both home buyers and sellers? After all, real estate transactions are, for most people, some of the biggest ones they’ll go through in their entire lives. Considering that, why are real estate teams the ideal form of representation in this process? We’ll explore how these teams work below. 

How Do Real Estate Teams Work?

Essentially, a real estate team consists of two or more real estate agents providing services to a client. When buyers and sellers don’t want to rely

North Delta December 2021 Sub Neighbourhood Highlights

North Delta Housing Market (Neighbourhood Overview)

Although the volume of listings in 2021 was high the supply could not keep up with the demand in North Delta and other parts of the Fraser Valley. The FVREB averaged 5,200 transactions each month. Historically low interest rates and the work from home ability realized during the pandemic drove desire for spacious homes in North Delta. It was still a seller’s market December 2021 in North Delta, BC with only 52 homes available for sale.

Anneville, North Delta Real Estate Highlights

There were 16 homes on the market and a total of 10 sold in December  2021. Homes in Annieville all sold for an average of $1,580,914, which is 8% more than the average list price. 

Nordel, North Delta Real Estate Highlights

In December 2021, 11 detached homes sold for an average sold price of $1,639,727. Homes in Nordel, North Delta were on the market for an average of 8 days  and they all sold for $1,350,000 or more. 

Scottsdale, North Delta Real Estate Highlights

11 homes quickly sold in Scottsdale in December 2021 with one home selling 2 days after being listed. Detached homes in Scottsdale had an average sold price of

  • Account Login


    Sorry we are experiencing system issues. Please try again.
  • Full MLS Property Search

    Loading...
  • Sukh Brar Real Estate Group

    Sukh Brar Real Estate Group
    (604) 648-7800
    sales@sukhbrar.ca
    Top 1% Realtor according to the FVREB 2014-2019