Buying your first home or your tenth home can be an overwhelming experience even in today’s improving market conditions. When it comes to buying a home in Hammond Bay, one of the popular areas on Vancouver Island, it helps to work closely with an experienced, local real estate agent. For those looking for their dream home in this beautiful waterfront area, there are a few key things to keep in mind.
Home in Hammond Bay | Image Provided by VIREB.
What Can You Expect in Hammond Bay?
Hammond Bay is not necessarily the largest community on Vancouver Island, but it does have a great deal of opportunity for today’s homebuyer. The area is located at the very base of Departure Bay. It is in the northern portion of the town itself. You’ll be in Hammond Bay when you are along the waterfront itself in Nanaimo. For those who want to be close to area attractions such as Glen Oaks and Pipers Lagoon, this is the ideal choice.
Hammond Bay has a large number of options in terms of real estate style. You will find the area offers a number of luxury properties (many of which offer incredible views of the open water.) You will also see the area has a number of more affordable homes compared to other waterfront areas in and around Nanaimo. Home prices begin around $340,000 and can be priced at $1.3 million or higher depending on the property size, location, and age.
Hammond Bay is an up and coming community. It has plenty to offer including good local schools, numerous parks, and of course waterfront access. For some residents, the area’s more reserved climate makes it a great place to raise a family right on the water and near the big city.
It helps to take a tour of the area to really get a feel for what this neighbourhood has to offer. You are sure to find a community that feels like home to you here.