Michael Peterson's Blog: Nanaimo MLS
This is a category discussing the potential for a new Nanaimo MLS system
Investment Opprtunity $42,900

RENOVATED and UPGRADED mobile home in Southgate MHP, close to all amenities and highway access. This 2 bedroom, 1 bath home offers 672 sqft of living space along with new pine ceilings, new 30year roof, new electrical, plumbing, hot water tank, siding and skirting, and a new pressure treated wood deck and stairs. Pets, kids and rentals allowed. Just move in and enjoy!
Read Full PostRemax Condominium Report
Condominiums achieve unprecedented favour
among Canadian homebuyers
Double-digit sales gains reported in most major markets in 2007
After more than three decades of slow but steady growth, the condominium concept has finally clicked with Canadian homeowners. The lifestyle has proven to be a solid investment in housing markets across the country, chalking up some of the most impressive gains in residential real estate in 2007, according to the RE/MAX Condominium Report.
Their universal appeal is substantiated, with every market reporting increased momentum in condominium sales volume over 2006 levels. In fact, 80 per cent of markets surveyed reported double-digit gains in sales year-over-year, with 53 per cent reporting increases over 20 per…
Read Full PostA Sweet Deal @ $88,000 Each


Willy Wonka look out! Great turnkey operations just in time for the Christmas season. The Hammond Bay Fudge Company is the number one stop for luxury chocolates, sugar free chocolate and fudge! It operates at two great locations with lots of public traffic. Positive sales stream with strong growth potential. Business for sale only.
Read Full PostIdeal Retirement Home $39,900

Ideal retirement home offers 816 sqft of living space with 3 bedrooms and 1 bathroom. Some of the features of this home include newer carpet and linoleum, large enclosed porch, workshop, and nice size lot with its very own apple tree. This park is 55+ and allows small dogs and cats and the monthly pad fee is $375 per month. Great location at the south end of Nanaimo close to amenities and on the bus route.
Read Full PostNanaimo Market Going Strong!
Consumers and real estate professionals alike are happy to see that Nanaimo’s housing market is continually climbing and holding strong. Vancouver Islands Real Estate Board number’s show:
- Average sale price of a single family home is up 8% from one year ago, from $319,000 to $346,000 (roughly).
- Unit sales are up from 107 in August 2006, to 152 August 2007.
These numbers are due to availability of listings, low interest rates aiding in affordability, and consumer confidence. Although the average price of a home in Nanaimo may seem high at $346,000, our prices are still good compared to the rest of BC, particularly Vancouver. The Vancouver Island Real Estate Board says they anticipate further increases in months ahead so now is the time to… Read Full Post
Get Ready For Winter!
Here are some ideas and tips to get your home winterized and ensure its air is clean and the home is energy efficient during those chilly winter months.
- Duct Cleaning – removes 5 to 6 pounds of dirt from a home’s heating and cooling system and should be done every four or five years.
- Filter Cleaning – This includes furnaces and central air conditioning systems which should be checked annually by a licensed professional and the filters should be replaced or cleaned every three months. This will help to prevent breakdowns.
- System replacement – Often older furnaces and central air conditioning systems work well enough to do the job but it is worth considering the installation of a new system before the old one wears out. Today’s technology…
A Good Foundation Makes A Good Home
A house foundation must be designed and constructed to carry the house load as well as protect against external forces. Besides supporting the weight of the house it acts as a retaining wall to hold back those forces of soil and water. The foundation wall itself must be strong to withstand this external force or it will crack and shift. When a wall is overloaded from pressure such as frost heave, saturated soil, improper back filling, or other conditions, it can move laterally and bow inward often cracking. Deep foundations with constructed with concrete blocks are particularly vulnerable.
To help avoid excessive external pressure against a finished foundation, grading and drainage should be maintained to direct all water flow around and away from the…
Read Full PostBuild Green To Save More Energy
Built Green BC is a program offered to builders by the BC division of the Canadian Home Builders Association which has been in existence for nearly 2 years. In order to build a ‘built green home’, you have to be a registered and trained contractor. On Vancouver Island there is only but a handful. The fundamentally sound program will cost the home owner a bit more initially but will result in savings for them down the road. To register a home under the program an independent energy auditor comes out to evaluate the home and puts an EnerGuide label on the house. The actual results of the test will determine the final EnerGuide rating and the subsequent level of achievement in ‘built green’. Builders and consumers can choose from three “built green”…
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I am a Realtor in Nanaimo, BC, Canada. I am proud to say that I am in the RE/MAX of Nanaimo office, 250-751-1223. I love to Market and Sell Real Estate. Read More
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