This Week in Real Estate #001 – Buying and Selling in White Rock on the South Slope – Why Now is The Time
Are you ready to enjoy a beach lifestyle on the South Slope? Do you know all the challenges involved in building a house on the steep landscape that gives the area its name? Can you imagine waking up to breathtaking views of the Semiahmoo Bay? If you’re ready to dive into White Rock real estate, then there are things you need to know before you buy or sell.
The Peninsula’s landscape has changed dramatically in the past several years. As more people rush to the area, the level of real estate activity reflects this. This fantastic beach community is just a short drive to Vancouver over the highway, which makes it the ideal place to enjoy retirement or raise a new or blended family.
If buying a home in the White Rock area is one of your goals, then listen to this episode of This Week in Real Estate. During the 20 minute podcast, host Nick Jaworski interviews Lance Marples about buying and selling on the South Slope. Lance works with Sutton West Coast Realty and has a lot of experience in this industry.
The areas in western Canada, especially around Greater Vancouver, are popular with first time home buyers. The Fraser Valley Real Estate Board reported that property sales for this area in December 2013 were up 34% from the same month the previous year.
What’s Happening in White Rock Real Estate
Nick and Lance kick off the interview with a short conversation about what it’s like for Lance to work side-by-side with his wife Connie. As Lance explains, their different skills complement each other to give clients a better range of services. Lance has a strong sales drive, while Connie has a large portfolio of interior design projects to help get them settled into a new home or stage their current one before it goes up for sale.
Then Lance goes on to discuss the current state of White Rock real estate. He explains how the history of areas such as West Van affects the price of homes on the market in the entire Greater Vancouver area.
If you’re looking to scale down from your “empty nest” to a smaller, retirement townhome or apartment on the South Slope or looking for a large, family home, then the White Rock area has something for you!
Frequently Asked Homebuyer Questions Answered
Next Lance tackles the topic of some of the engineering challenges of building homes on the steep slopes. For example, engineering requirements are necessary to build the tall, narrow homes cropping up along the slopes. Lance also answers these questions:
- How much livable space is in those tall homes on the slope?
- What are under pins and why would my home need them?
- How do engineers install under pins beneath my home?
- Will my neighbors be affected by new home construction?
- How much do homes cost in the White Rock area?
Regardless if you are buying or selling, price is an important part of the real estate market. The price homes are selling for now are nothing like what they were selling for a few years ago. Lance explains the difference, and it might surprise listeners.
White Rock Properties Are Rock Solid Investments
Next Lance explains why the sudden price difference, because the difference is pretty significant for the past three to four years. He shares what makes White Rock properties such rock solid investments, and why people from nearby areas such as Vancouver and Richmond are being sought out.
Then Lance goes on to describe perks of living in the area that bring in new residents and cause established residents to sell their homes. He shares that although many types of families of all shapes and sizes look at White Rock properties, the South Slope seems to attract once certain type of buyer over all the others.
This leads to a quick discussion about the future of White Rock real estate, as well as other popular spots around the Greater Vancouver area. Lance has over 25 years of experience in real estate, and you can be sure this industry leader’s predictions are sound.
The episode wraps up with a discussion about how long some of these newly constructed homes will last, and how long it might be before we see new trends in redevelopment. Lance also shares some vital information about home value versus property value.
First Time Home Buyers – Grab that Beach Lifestyle Now!
Do you want to spend your retirement overlooking the Semiahmoo Bay? Are you ready to look for the perfect place to raise your family? Maybe you’re just curious about the real estate market on the South Slope?
Tune in now to hear exclusive information from an industry leader. Whether you’re buying or selling you won’t regret it! And when you’re done please share your thoughts or questions in the comments area below.