Nanaimo is a larger, modern city situated in the heart of Vancouver Island. It provides a wide range of benefits to residents including its abundant outdoor activities, commercial opportunities, and quality schools. For those hoping to sell real estate in Nanaimo, the good news is the market is moving along steadily and finding buyers is more than possible to do.
A few key things can help be selling points for those with real estate in Nanaimo to sell. It is a traditional West Coast community with ample recreation, modern lifestyles, and impressive views. The city is very easy to access from Vancouver by plane or ferry. What's more, this area is well known as a tourism destination. This opens the door for even more selling opportunities for property owners.
As the second largest city on Vancouver Island, it offers an interesting combination of urban lifestyle in a vibrantly beautiful natural setting. The downtown area offers many commercial opportunities including the Vancouver Island Conference Centre and the thriving Fitzwilliam Street area.
Because of its diversity and roughly 90,000 people, the city of Nanaimo offers a wide range of real estate options for home buyers. Currently we are seeing that Nanaimo is sectioned in to three parts of the market that are performing in different ways:
Nanaimo real estate values are growing. The area remains affordable enough, though, to attract a large number of home buyers allowing for faster than average sale times. Depending on the location of the property, such as those overlooking the Strait of Georgia or those with mountain views, will fetch significantly more than inland properties. The demand for quality properties is on the rise from locals as well as those from around the West Coast looking for a piece of paradise to call home. Vancouver Island's allure, natural beauty, and growing economic area are all key reasons this area continues to see growth in sales.
If you are looking to potentially sell a home in Nanaimo under our current market conditions you should know that this can be a very enjoyable experience with less stress than you would experience in many other markets across Canada. We are lucky to live in such a thriving community that so many people from across Canada want to move to. There is a lot more involved than posting a home up on MLS and waiting for the calls to come in when selling in today's environment. Technology and progressive marketing tools play a huge role in selling a home quicker and for more money. If you are considering selling a property on Vancouver Island we encourage you to connect with our team to learn more about our process in selling a property that has been the reason why our clients have been able to sell homes quicker and for more money than the average.