Update Your Home and Give Back With Budget Blinds on Central Vancouver Island This December

Posted on Dec 17, 2018

December is the time for giving and Budget Blinds is giving back to you, and to others on your behalf.

This month receive a 25% instant rebate on all orders, and Budget Blinds will pay the GST. Additionally, Budget Blinds will donate 5% of your product total to the Vancouver Island charity of your choice: YANA (You Are Not Alone); the BCSPCA; or VIMHS (Vancouver Island Mental Health Society)

Give your home a facelift this holiday season, save yourself some money and give back to others, with just one call to Budget Blinds on the Central Island.

Their professional designers will come to you for a free in-home consultation, work within your budget to find the best look for your home decor and family lifestyle, and have it all professionally installed.

Call Budget Blinds today at 250.338.8564 or request a free in-home consultation online.

Budget Blinds of the Central Island serves the Comox Valley, Campbell River, Nanaimo, the Cowichan Valley and beyond from their Courtenay showroom.

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Vancouver Island Real Estate Board Releases 2016 Buyer Profile

Posted on Jun 26, 2017

The 2016 Buyer Profile provides statistical information summarizing “home characteristics” for VIREB’s overall board area within its boundaries. These include Duncan-Cowichan Valley, Nanaimo, Port Alberni-West Coast, Parksville- Qualicum, Comox Valley, Campbell River, North Island, and the Islands.

At 81.5 per cent, owner-occupiers continue to be the primary buyers in the VIREB area.

In 2016, 26 per cent of homes that sold were under $250,000, 51 per cent were under $350,000, and 68 per cent sold for under $500,000, Only 1.4 per cent of homes in the VIREB area sold for more than $1 million dollars.

At 58 per cent, single-family detached homes represented the majority of purchases in 2016, with condominium apartments accounting for 10 per cent of purchases and townhomes garnering 7.2 per cent of total home sales.

In terms of aggregated buyer origin, home purchasers break down as follows:

  • 31.6 per cent from Vancouver Island;
  • 41.6 per cent from elsewhere in British Columbia (Vancouver and the Fraser Valley make up 27.8 per cent of that figure);
  • 24.2 per cent from elsewhere in Canada; and
  • 2.6 per cent from outside of Canada.

Receive up-to-date information on building permits, tenders, proposed developments and construction news for the Comox Valley, Campbell River, Port Hardy, Powell River and more locations on the North Island at BuildingLinks.ca.

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VIREB Reports Solid Sales in Second Half of 2014 Lead to Strongest Market Activity in Four Years

Posted on Jan 8, 2014

NANAIMO, BC –  Sales activity across the Vancouver Island housing market area finished on a high note in December, capping off the strongest year since 2009. After a sluggish market in 2012, sales began to pick up some steam in the second half of 2013, resulting in a stronger finish to the year than the Board anticipated a few months ago.

The Vancouver Island Real Estate Board (VIREB) reports a total of 3,941 single-family homes sold in VIREB coverage area on the Multiple Listing Service® (MLS®) in 2013. This signifies a ten per cent increase over the 3,582 sales recorded in 2012. Average sale price remained relatively flat for the year, decreasing by one per cent.

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VIREB Reports That Third-Quarter Sales Reflect Steady Market Growth

Posted on Oct 10, 2013

Summer Sun Warms Up Comox Valley's Housing Market

NANAIMO, BC – Multiple Listing Service (MLS) sales summary data for September released by the Vancouver Island Real Estate Board (VIREB) shows housing sales activity across Vancouver Island was up 29 per cent compared to last year, while the average sale price remained virtually unchanged. The average price of a single family home sold within the VIREB region in September 2013 was $323,914, down one per cent from this time last year. A total of 336 units sales were recorded in September 2013, in comparison to September 2012, when only 261 single-family homes sold.

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How Will Emerging Contract Security Trends Affect Your Business? Get the Answers at VICA’S Member Meeting on September 18!

Posted on Aug 26, 2013

Do you know how emerging trends like subguard compare to other options in contract security? Do differences between the options negatively impact stakeholders or benefit them? Get the answers to these questions at the upcoming Vancouver Island Construction Association (VICA) member meeting:

Developing Trends in Contract Security
September 18, 2013
7:30 a.m. to 11:00 a.m.
Laurel Point Inn
680 Montreal Street
Victoria, BC
 

This topic will be of particular interest to general contractors, trade contractors, construction managers, project managers, owners, architects, and engineers. A wide range of industry perspectives will be presented and discussed, followed by a question-and-answer period.

Terry Brown will be your facilitator and featured panelists include :

  • Owner – Rick Gudz, CFB Esquimalt Site Manager, Defence Construction Canada
  • Insurer – Zurich Insurance
  • Surety – Randy Singh, Construction Services Account Executive, HUB International
  • Surety – Dave Bentley, Construction Services Account Executive, HUB International
  • General Contractor – Anibal Valente, VP, PCL Constructors Westcoast Inc.
  • Trade Contractor – Russ Hepworth, President, Tech Mechanical

One sponsorship spot is currently available for this event. Please contact admin.victoria@vicabc.ca for information regarding this opportunity.

This event is free for VICA members and $75.00 for non-members. To become a VICA member, visit their website.

 

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Campbell River Witnessed Huge Growth in Unit Sales, Reports Vancouver Island Real Estate Board

Posted on Aug 12, 2013

Campbell River Sees Huge Growth in Real Estate

Campbell River Sees Huge Growth in Real Estate

Originally published in Campbell River Courier-Islander, August 7, 2013

In terms of unit sales year-to-year, Campbell River witnessed huge growth – an 87 per cent increase according to figures released by the Vancouver Island Real Estate Board.

Comox Valley unit sales increased by 12 per cent; Nanaimo sales dipped one per cent; Parksville/Qualicum sales rose two per cent; Cowichan Valley saw a 25 per cent increase, and sales for Port Alberni/West Coast remained virtually unchanged from last year.

“There are a number of projects underway in the Campbell River area, and it seems this construction activity is directly contributing to the growth in their housing market,” said VIREB President, Gary Gray. “This is a good example of what economic drivers can do to the market.”

Cameron Muir, chief economist for the British Columbia Real Estate Association, felt the statistics were encouraging.

“The upward trajectory of sales show that demand is starting to come back. Home sales are up year-over-year, and flat pricing continues to indicate a balanced market condition,” he said.

Comparing July 2013 to July 2012, the average sale prices saw Campbell River remain virtually unchanged with average sales price listed at $296,789; Comox Valley was up one per cent to $347,954; Nanaimo also went up one per cent to $362,918; Parksville/Qualicum prices remained relatively unchanged at $376,060; Port Alberni/West Coast increased by nine per cent to $250,910, while the Cowichan Valley was down two per cent to $327,410.

Written by Neil Cameron, Campbell River Courier-Islander
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