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Just Sold: Incredible Home in Lower Mary Hill, Port Coquitlam

A huge congratulations to my client on securing this fantastic home in the sought-after Lower Mary Hill neighborhood of Port Coquitlam! After years of dedication and navigating a competitive market, we finally found the perfect match—a versatile, well-maintained home with mortgage helper potential and unbeatable outdoor space.

With a sales-to-active ratio of 16%, the Port Coquitlam market remains competitive, but with persistence, smart strategy, and a strong negotiation plan, we secured this dream home for my client!


🏡 Property Highlights: A Smart & Versatile Investment

  • MLS #: R2748579

  • Property Type: House / Single Family

  • School Catchment:

    • Elementary: Kilmer Elementary (French Immersion available)

    • Secondary: Riverside Secondary

💎 Why This Home Was the Perfect Fit

✔️ Spacious & Flexible Layout3 bedrooms, 3 bathrooms, and two bachelor suites, offering mortgage helper or multi-generational living options.
✔️ Outdoor Entertaining at Its Best – A 21'10" x 11'11" covered deck, perfect for year-round BBQs and hosting friends & family.
✔️ Saltwater Pool with Solar Heating – A private backyard retreat, ideal for summer relaxation and entertaining.
✔️ Quiet Cul-de-Sac Location – Peaceful, family-friendly setting with easy access to Hwy 1 & the Mary Hill Bypass.


🚀 The Strategy: How We Secured This Home in a Competitive Market

✅ Persistence Pays Off

  • After years of searching and facing multiple offer challenges, my client remained patient and focused on their long-term goals.

  • We strategically identified homes that fit their needs, ensuring this purchase was a smart investment for both living and financial growth.

✅ Navigating a Competitive Market with a Winning Offer

  • With a 16% sales-to-active ratio, homes in Lower Mary Hill move fast, so acting quickly and making a compelling offer was crucial.

  • Strong communication with the listing agent helped position my client as the ideal buyer.

✅ Smart Investment for Long-Term Growth

  • The flexibility to rent out the upstairs or downstairs gives my client multiple living options and financial security.

  • This property’s desirable location and functional layout make it a high-value investment in Port Coquitlam’s growing market.


📍 Why Buyers Love Lower Mary Hill, Port Coquitlam

Lower Mary Hill is a family-friendly, commuter-friendly neighborhood known for its great schools, parks, and convenient access to highways and transit.

🌳 Parks & Outdoor Spaces

  • Gates Park – Featuring sports fields, tennis courts, scenic walking trails, and picnic areas.

  • Colony Farm Regional Park – A nature-lover’s paradise with hiking trails and wildlife viewing.

  • Castle Park – A local favorite for playgrounds, splash pads, and summer events.

🏫 Top Schools Nearby

  • Kilmer Elementary – Offers French Immersion and a strong academic program.

  • Riverside Secondary – A highly regarded secondary school with Advanced Placement (AP) courses and a strong athletics program.

🛍️ Shopping, Dining & Transit Access

  • New PoCo Community Centre – A brand-new, state-of-the-art facility with a fitness center, pool, and community programs.

  • Coquitlam Centre – A major shopping hub with top retail stores, restaurants, and services just minutes away.

  • West Coast Express & Highway AccessQuick commutes to Vancouver, Burnaby, and the Fraser Valley.


🎉 A Major Win for My Client!

This wasn’t just about buying a home—it was about finding the right property that aligns with my client’s goals for homeownership and financial growth. After years of persistence and patience, they finally secured their dream home, and I couldn’t be happier for them!


Thinking of Buying or Selling? Let’s Make It Happen!

🏡 Port Coquitlam’s market is competitive, and having the right strategy makes all the difference. Whether you’re looking to buy, sell, or invest, I’m here to help you achieve your real estate goals!

📩 Contact us today to see how we can help you make your next move with confidence!

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Just Sold: Move-In Ready 2-Bedroom Condo in Maillardville, Coquitlam

A huge congratulations to my client on the successful sale of their beautifully updated condo at Le Chateau in Coquitlam’s Maillardville neighborhood! With a highly strategic pricing approach, we generated strong interest immediately—leading to a quick sale in just 2 days and an over-asking final price of $505,000!

With a sales-to-active ratio of 39%, Coquitlam’s condo market is highly competitive, and this sale proves that the right strategy can achieve top results even in a shifting market.


🏡 Property Highlights: A Standout Home at Le Chateau

  • MLS #: R2750491

  • Property Type: Condo

  • Final Sale Price: $505,000

  • School Catchment:

    • Elementary: Alderson Elementary

    • Secondary: Centennial Secondary

💎 Why This Home Was in High Demand

✔️ Move-In Ready & Freshly Updated – Newly painted interior, modern finishes, and a bright, airy feel.
✔️ Southern Exposure for Natural Light – A private and sun-filled unit with a peaceful outlook.
✔️ Pet-Friendly & Full of Conveniences – Includes in-suite laundry, dedicated parking, and a secure storage unit.


🚀 The Strategy: How We Secured an Over-Asking Sale in Just 2 Days

✅ Smart Pricing for Maximum Buyer Interest

  • We listed the home at a key price point of $500,000, attracting a surge of buyer interest.

  • The strong initial response created competitive momentum, leading to multiple offers and an over-asking sale.

✅ High-Impact Marketing & Quick Results

  • Professional photography, engaging listing descriptions, and digital marketing showcased the home’s move-in-ready appeal.

  • Within 2 days on the market, the listing saw high traffic and multiple showings.

✅ A Winning Outcome for the Seller

  • My client trusted my pricing and marketing strategy, and their patience paid off with an exceptional result in a competitive market.

  • A well-executed negotiation secured a final sale price above asking at $505,000!


📍 Why Buyers Love Maillardville, Coquitlam

Maillardville is a historic and growing neighborhood in Coquitlam, offering a perfect mix of charm, convenience, and accessibility.

🌳 Parks & Outdoor Spaces

  • Mackin Park – A beautiful green space with sports fields, playgrounds, and walking trails.

  • Mundy Park – One of Coquitlam’s largest parks, featuring scenic trails, a dog park, and picnic areas.

  • Blue Mountain Park – A local favorite with tennis courts, a splash pad, and plenty of open space.

🏫 Top Schools Nearby

  • Alderson Elementary – A well-rated school with strong community programs.

  • Centennial Secondary – Known for its advanced academic programs, athletics, and arts programs.

🛍️ Shopping, Dining & Transit Access

  • Brunette Avenue Shopping District – Offers grocery stores, local restaurants, and essential services.

  • Lougheed Town Centre – A short drive to one of Metro Vancouver’s largest shopping malls.

  • SkyTrain & Highway Access – Quick connections to Burnaby, Surrey, and Downtown Vancouver via Highway 1 and the SkyTrain.


🎉 A Fantastic Outcome for Our Seller!

Selling in a fast-moving market requires the right strategy, and this sale is proof that strategic pricing and expert marketing lead to top-dollar results. We couldn’t be happier for our seller and this outstanding success!


Thinking of Selling? Let’s Make It Happen!

🏡 Coquitlam’s market is competitive, and having the right strategy makes all the difference. Whether you’re looking to sell or buy, we’re here to help you achieve top results!

📩 Contact us today to see how we can help you navigate your next real estate move with confidence!

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New property listed in Maillardville, Coquitlam

I have listed a new property at 304 98 LAVAL ST in Coquitlam. See details here

Welcome to Le Chateau in Coquitlams Maillardville. This top-floor two-bedroom and two-bathroom home is efficiently laid out with large bedrooms. You'll appreciate the southern exposure that provides real privacy, peace and quiet, as well as good natural light year-round. Take comfort in buildings the completion of a full rain screen. The location provides quick and easy access to a number of amenities including parks and recreation, grocery and essentials shopping, numerous restaurant and entertainment options. Quick access to Hwy 1 entrance/exit and a 3-min walk to the bus that's a 7-min ride Braid Skytrain makes commuting a breeze from this spot.

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January 2023 Greater Vancouver Real Estate Market Update

The start of 2023 was marked by below-average home sales and persistently low inventory across the Greater Vancouver real estate market. According to the Real Estate Board of Greater Vancouver (REBGV), residential home sales in January totaled 1,022—a notable 55.3% decrease compared to January 2022 and a 21.1% drop from December 2022. This figure was also 42.9% below the 10-year January sales average.

Despite the slower start, the Bank of Canada’s decision to pause further interest rate hikes offers potential stability for buyers and sellers, signaling a cautious but optimistic outlook for the coming months.

Key Market Insights

  1. Inventory Trends

    • January saw 3,297 newly listed properties—a 20.9% decrease compared to January 2022 but a significant increase of 173.4% from December 2022.

    • Total active listings rose slightly to 7,478, marking a 32.1% increase compared to January 2022 and a marginal 1.3% rise from December 2022.

  2. Sales-to-Active Listings Ratios

    • Detached Homes: 10.2%

    • Townhomes: 13.4%

    • Apartments: 16.7%
      These figures indicate balanced market conditions across property types, though detached homes edged closer to a buyer’s market.

  3. Price Movements

    • The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver stood at $1,111,400. This represented a 6.6% decrease from January 2022 and a 0.3% decrease compared to December 2022.

    • Detached Homes: Benchmark price of $1,801,300, down 9.1% year-over-year.

    • Apartments: Benchmark price of $720,700, down 1.1% year-over-year but up 1% from December 2022.

    • Attached Homes: Benchmark price of $1,020,400, down 3% year-over-year but up 0.8% from December 2022.

Regional Highlights

  • Burnaby: Prices remained stable across property types, though sales activity was subdued.

  • New Westminster: Benchmark prices showed resilience, especially in apartments, which saw a slight increase compared to December 2022.

  • Tri-Cities (Coquitlam, Port Coquitlam, Port Moody): Market conditions varied, with Port Moody seeing a modest rise in prices for attached homes.

  • Vancouver East and Vancouver West: Apartment sales remained the most active, while detached homes continued to see price adjustments.

Looking Ahead
The combination of low inventory and stabilized interest rates provides a foundation for potential market recovery as the year progresses. While year-over-year comparisons highlight significant price declines, these reflect adjustments that have already taken place, suggesting prices may have reached a plateau.

For buyers, the market presents opportunities, particularly in detached and attached homes where balanced conditions prevail. For sellers, customized strategies will be essential to achieve optimal results in this nuanced market.

Conclusion
January 2023 underscores the importance of navigating the market with a data-driven approach and professional guidance. Whether buying or selling, understanding these trends and their implications is key to making informed decisions in Greater Vancouver’s real estate landscape.


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