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Today I will be exploring the differences between living in The Comox Valley and living in Nanaimo. I want to start off by saying that in no way is this intended to say one is better than the other but is to simply highlight aspects that might make one location more desirable if you’re considering a move to Vancouver Island.

The Comox Valley is a picturesque region encompassing Courtenay, Comox, and Cumberland, about an hour's drive north of Nanaimo. It boasts a warm community vibe with a population of around 75,000 and a population density of 44.40/km².

In comparison, As of 2022, the City of Nanaimo has a population density of 1,147/km² and a population of just under 105,000 people. Keeping in mind that this is for the city of Nanaimo proper and The Comox Valley includes 3 regions, the Comox valley offers a more intimate setting compared to the hustle of the larger city of Nanaimo. If you're after that tight-knit feel, the Comox Valley might be calling your name.

Now, let's talk amenities! 

While the Comox Valley provides all the essentials, the larger population in Nanaimo means a broader array of shopping, dining, and cultural experiences. However, don't count the Comox Valley out! It's got everything you truly need, including a Costco for shopping, often with shorter travel times. And while Nanaimo might have more activities for you to do on a night out, Comox also has plenty of festivals and music events throughout the year, especially in the warm summer months such as the BC Seafood festival and Vancouver Island Musicfest.

Housing Costs and Taxes

Ah, the big question: housing costs. In the Comox Valley, the median price for a 3-bedroom home hovers around $630,000. It's an attractive option for those seeking affordability without sacrificing quality. Property taxes in 2023 in Comox is 0.409651%. Now, compare that to Nanaimo's median home price of $749,950, and a property tax rate of 0.600870%. If you meet in the middle and consider a $700,000 property, that home in the Comox will cost you $2868 in property taxes whereas in Nanaimo that same home will cost you $4,206 in property taxes and remember -Nanaimo is also ranked number 3 in third highest property taxes in BC.

If you’re in the rental market, The Comox Valley offers a variety of options, with a vacancy rate of around 3%. The average cost for a 1-bedroom apartment is approximately $1,300. In Nanaimo, the vacancy rate is slightly lower at 2.2%, with an average rental cost of $1,450 for a 1-bedroom unit.

Outdoor Paradise

If you’re an outdoor enthusiast like myself, you’ll love both the Comox Valley and Nanaimo which grant easy access to stunning outdoor activities. 

The Comox Valley has become a meca for mountain bikers, particularly in Cumberland which has become what they call the “Squamish” of Vancouver Island with many young active families are relocating to take advantage of the outdoor living. Cumberland was ranked number 1 in the country for mountain biking, according to Osprey.com. Many of these trails surround Puntledge River. It also has proximity to Mount Washington for skiing. Also check out breathtaking Brown’s River Falls which we had the privilege to visit a couple of times this summer, my dogs, especially Tika, and Simon had a blast!

Nanaimo offers majestic Mount Benson and there are no shortage of Mountain Biking Trails. It’s central location makes it a great starting point for exploring all of Vancouver Island’s beauty so you can take advantage of what other areas have to offer a little easier. Which leads me to my next point…

Travel

For jet-setters, the Comox Valley Airport offers convenient regional connections. Nanaimo Airport provides similar options, and both cities have BC Ferries terminals, however the Comox terminal in Little River only provides service to Powell River on the sunshine coast. Nanaimo has two terminals in Departure Bay and Duke point which connect you to either West Vancouver or Tswassen and with Nanaimo’s new Hullo Ferries service, you can be in downtown Vancouver in only 70 minutes. I think when you compare the Comox Valley to Nanaimo, Nanaimo is simply a more convenient place to live for travel due to it’s central location and transportation options.

Weather

When it comes to Vancouver Island cities, Nanaimo and Comox, Courtenay and Cumberland are very similar. Both are located on the east coast of the island and experience moderate winters and summers. The coldest month is December, with average temperatures of between 2-6 degrees C. During this month In terms of snow, Comox wins with a slightly higher snowfall than Nanaimo in terms of quantity. Comox Valley will accumulate on average 45 millimetres of snow on average compared to Nanaimo’s 31 millimetres of snow. Both areas are also similar for “wet days” or days with precipitation with at least 1 millimetre of rain. Both regions experience an over 55% chance of rain during the month of November. So if you’re trying to pick based on weather, it’s safe to say you’ll be getting about the same in both areas. 

So, which one's your dream destination? The Comox Valley invites you to its warm, tight-knit community, while Nanaimo dazzles with a broader array of amenities. No matter your choice, you'll be embraced by breathtaking landscapes and the charm of Vancouver Island.

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Renting Vs. Buying Your First Home: Pros and Cons

Everyone needs a place to call home, but should that place be rented or bought? That is a question everyone must answer at some point in their lives. As you earn more money, you will invariably come to a place where you want to make crucial decisions to reflect your changing status.

One of those essential lifestyle changes will involve deciding on the home you live in. Should you save money to buy your own home? Or is it wiser to keep renting and use that money for something else? What are the long-term and short-term benefits of either of these options?

In the past, most people didn’t have to think about this because owning their own home was considered the best financial decision a person could make. People viewed their homes as their most valuable asset. The home was also a symbol of a higher social status and a mark of responsible citizenship.

But all that is changing, partly due to the rising cost of home ownership in Canada. The other reason for the changing views on home ownership is that younger Canadians value the freedom that comes with renting over the stability that comes with owning their own home.

What should you do? Should you continue to rent or make plans to buy your own home? The proper answer depends on your current situation and where you think your life will be in the next ten years. In this post, we explain the pros and cons of both options to help you make the decision.

Renting

The pros of renting your own home

  • Lower upfront costs: Unlike when buying a home, where you must save up to 15% of the home’s value to get a mortgage, you don’t need much money to rent a decent home.

  • No maintenance costs: The only financial obligation you have as a renter is your rent.

  • The landlord takes care of all the maintenance needs of the home.

  • Fixed rent amount: As a renter, you know exactly what your housing costs will be every month. There is no risk of unexpected costs due to problems in the home.

  • Greater flexibility: Renting not only gives you more options when deciding where to live, but you also have the freedom to leave whenever you want.

The cons of renting your own home

  • You cannot customize the home: Most landlords will not let you change the design of the rented house to suit your tastes. You must live with the owner’s design.

  • You don’t control the rent amount: The landlord can increase the rent beyond what you can afford. Rents may also be out of reach in the places where you want to live.

  • You may be forced to move: If the owner sells their property or decides to renovate it, you will be forced to move. You are at the mercy of the owner’s decisions.

  • You don’t build equity: The rent you pay goes to securing the landlord’s future. Instead of building equity in your home, you help the landlord pay off their mortgage.

Owning

The pros of owning your own home

  •  Customize your home: You can design your home to reflect your needs, lifestyle and style preferences. You can also renovate the house to make it better or improve its value.

  • You build equity: Unlike renting, your monthly payments are an investment in your future. You gain equity in the home by paying the mortgage.

  •  You can leverage homeownership: You can leverage the built-up equity in your home to increase your borrowing power. It is easier to build wealth with this strategy.

  • Stability and peace of mind: Owning your own home will inject a level of stability into your life. It makes it easier to plan your future with confidence.

         The cons of owning your own home

  • Heavy upfront costs: To buy a house, you need to save enough money for the down payment on the property. That can be as much as 15% of the market value of the house.

  • You must maintain the house: In addition to the monthly mortgage, interest and insurance payments, you have to cover the maintenance costs for your home.

  • Lack of flexibility: It is not easy to move when you own your own house. Even if you want to sell the house, it will often take some time to find the right buyer.

  • Your home could lose value: A downturn in the housing market could wipe out your home’s value, and there is no guarantee that you will recover the lost value.

So, should you rent or buy your home? That is an important question, and you may not have all the right tools and information to make the best decision. Talking to an expert will let you see the bigger picture when answering this question, allowing you to make a choice that will truly benefit your future.

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I have sold a property at 1398 Rose Ann Dr in Nanaimo

I have sold a property at 1398 Rose Ann Dr in Nanaimo on Sep 26, 2023. See details here

Set on a 24,003 sqft lot, this fantastic Departure Bay home is ready for your renovation ideas. Enjoy the stunning views of Departure Bay and Sugarloaf Mountain from two spacious decks. The kitchen offers four stainless appliances, built in oven, centre island, and plenty of cabinetry. The primary bedroom boasts a walk-in closet, four-piece ensuite with a jetted tub, and deck access. Completing the main floor is a formal dining room, two additional bedrooms, and 3-piece bathroom. The lower level has additional living space, two bedrooms, and 3-piece bathroom. The yard has a greenhouse, storage shed, and plenty of trees to maintain privacy. A double garage and large driveway accommodate ample parking. Additional features include vaulted ceilings, stained glass windows, and plenty of storage room. This is a fantastic location near beaches, parks, and amenities. For more info, see the 3D tour, video and floor plan. All data and measurements are approx. and must be verified if fundamental.

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The island life is calling your name! You’re excited about the prospect of moving to Nanaimo on Vancouver Island and before you know it, you’re browsing the Nanaimo MLS and bookmarking all your dream properties. Before you start redecorating and daydreaming of the good life here, there are a few things I want you to know!


Today I’m tackling the crucial topics that can make or break your home search journey. What are the vital steps to take before you go searching the MLS for your dream Nanaimo home?

Firstly, know the difference between a mortgage pre-qualification and a mortgage pre-approval. And if you’re serious, don’t delay in getting in touch with a mortgage specialist to get the process started. You may have plugged in some numbers online to see what you pre-qualify for, but without an expert weighing things like your gross-debt service ratio (a measure of housing costs versus a borrower's gross income.) you won’t truly know how much house you can afford. Most importantly it will put you in a stronger position when making an offer. DO NOT SKIP THIS STEP! Once you’re pre-approved don’t make any big financial decisions that can affect your financing like applying for extra credit or making a big purchase like a car. 

Second, I strongly encourage you to find a realtor in Nanaimo whom you trust and who knows the area well. I might be biased because I am a realtor but having been through the process before I was licenced I can’t imagine having gone through it without one. We were living on the mainland and although we had the ability to come to the Island to view homes, sometimes we needed to act quickly and having an agent who represented us gave us peace of mind that we wouldn’t miss out on anything that came on the market. There are lots of other reasons choosing the right realtor is important and I’ve covered this in some of my other blog posts.

Next, DO NOT start seriously looking until you’ve established the type of home you’re looking for. I’m not talking about a list of criteria, I’ll cover that a little later. I’m talking about whether is this a starter home, or your forever home? It’s okay to buy a home with the notion that you won’t live there forever and that you can gradually make your way to your dream property. 

This is important because it will streamline the process of weeding out homes you don’t want so much more by setting realistic expectations during your search. 

Do you think you will be in this home 0-6 years? That’s your starter home and you may have to overlook the fact that your yard is smaller or maybe it’s not in your most desirable location.

Nanaimo is always coming up with new listings in the 500-700k price range that could use some TLC but would make for a great entry to the market. If you’re truly worried about location, you can check out this blog post next!

If you’re thinking longer term, over 10 years… start considering what that means for you. 10 years might mean you're raising your kids there for a good chunk of time so location becomes even more important. I also covered this topic about my top picks for family-friendly neighbourhoods to help!

If you’re thinking you’ll be in your home 20+ years then you really will considering dream home/forever home status and what are my must-haves? Which brings me to my next topic…

Making a clear list of must-haves and wants is going to streamline your home search and help you make informed decisions. Your must-haves are things that you know you can’t live without, usually size and number of bedrooms for example. If you say you MUST HAVE 3 bedrooms but would like 4… put that on your “want” list. Better yet, make a list of absolute deal-breakers too! If you know you need to be close to transit and there isn’t a bus stop in sight of the home you’re looking at… make it easy and click NEXT!

Now, lastly... Establish your timeline. It’s okay to be in the Nanaimo MLS once you’ve done the above and you begin to narrow down on homes that you like but this won’t do you any good if you have no clue when you can buy!

Some things to consider are: Are you renting? If so are you month-to-month or in a lease that you may have to break if you buy before it’s finished?

Do you have a home you have to sell first? Have you even started that process? Be realistic here… you may think your home is worth a certain amount of money and will sell quickly but the real estate market is super volatile. Nothing is for sure and if you’re relying on that home sale to buy your next it’s better to have the process well underway so that you can make a solid offer once the time comes. It’s possible to write offers with the condition that your first home needs to be sold, but wouldn’t you rather go into it with all your ducks in a row? How heartbreaking would it be to be so close to owning the home you want in Nanaimo only to lose it because your house didn’t sell as fast or for as much as you wanted?

Besides this, the home-buying process itself isn’t always a fast one. With a pre-approval process that can take up to 2 weeks, a home search that can take on average up to 2 months and then being under contract before closing between 30 and 60 days… your home purchase can realistically be months away and you will need to exercise patience. 

Lucky for you, I’ve helped people through this before and come from my own relocation experience, so get in touch if you want to chat about moving to Nanaimo and the surrounding areas! 

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So you’ve decided to live the good life on Canada’s West Coast and move to Beautiful British Columbia. If you’re moving from out of province you’ll want to stay tuned as I’m going to cover some of the things you’ll encounter that you might not expect!

The first thing on everyone’s mind of course is home prices. When looking at big cities, Toronto’s home prices are actually higher than Vancouver and Vancouver Island. BC does still have some of the most expensive real estate in the country which you will feel the most coming from a province like Alberta with much more affordable housing costs. So, before you get swept away by the idea of moving to the west coast be prepared so you don’t have sticker shock. 

Another thing someone moving from Alberta might find alarming is what we in BC call Property Transfer Tax. In Ontario, this is called Land Transfer Tax and is broken down as follows:

0.5% on amounts up to and including $55,000. 

1.0% on amounts exceeding $55,000, up to and including $250,000. 

1.5% on amounts exceeding $250,000, up to and including $400,000. 

2.0% on amounts exceeding $400,000. 

If you’re purchasing in the city of Toronto, that will be charged again at 

0.5% of total property value up to and including $55,000.00

1% of total property value over $55,000.01 to $400,000.00  

2% of total property value over $400,000.00 

In BC, this is called property transfer tax and like in Ontario is the responsibility of the buyer to pay, charged at completion when the title is transfered. The property transfer tax rate in BC is as follows:

1% of the fair market value up to and including $200,000

2% of the fair market value greater than $200,000 and up to and including $2,000,000

3% of the fair market value greater than $2,000,000

If you are a first-time home buyer in BC and purchasing a home as your primary residence for under $500K you could qualify to be exempt or partially exempt from paying this amount but make sure to check with your mortgage broker and realtor.

So as mentioned before, if you’re moving from Alberta you will have to factor this into your closing costs as Alberta only has The Land Transfer Registration Fee paid which costs: 

a base of $50 and an additional $2 for every $5000 of property value and the Mortgage Registration Fee also costs a base of $50 and an additional $1.5 but for the mortgage amount.

So let’s break that down for a moment.

On the purchase of a $600,000 home in Ontario, your land transfer tax will be $8475, and an additional $8475 if buying in the city of Toronto. So you could be paying as much as $16,950

In BC on a $600,000 purchase you’re looking at $10K in Property Transfer Tax.

And in Alberta your Land Transfer tax on a $600,000 home with a $30K mortgage down payment is only $511.

Dual Agency

Dual agency is when a real estate agent can act both as the buying and selling agent for the same property. As of June 2018, BC no longer allows for dual agency unless under very narrow and strict exceptions. The reasoning is the difficulty of acting in both parties' best interests when acting for both sides. In a real estate transaction, the client (you) enters into Agency with the Realtor's brokerage and the brokerage assigns the realtor as the designated agent. So you can still have two agents in the same office take part in the same transaction.

BC is the only province to have banned dual agency and all other provinces allow it although most require written consent.

Recission Period

Something that came into effect on January 1st, 2023 was the BC rescission or “cooling-off” period, where home buyers have up to 3 business days not including weekends and holidays to rescind their offer for any reason but must pay 0.25% of the purchase price. and cannot be waved. This came in at a time when the market was crazy and people were making subject-free offers so the government added this layer of consumer protection. Make sure you ask your realtor everything you need to know when writing up an offer on a home and how this works!

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Everyone deserves a place to call home, and it's essential to find an option that aligns perfectly with your lifestyle and financial goals. So, let's dive right in and explore the benefits and considerations of each choice: to rent or to own!

Renting has some fantastic perks, especially when you're starting on your homeownership journey. It requires lower upfront costs, making it an ideal option for those looking to save and plan for the future. 

Currently, rental prices in Nanaimo are as follows: 1 bed - $1622, 2 bed- $1980, 3-bed apartment $2450. 

Home rentals aren’t very abundant in Nanaimo right now and for a 2-3 bed home around you’re looking at $2500-$3000/month.

Plus side to renting- no maintenance costs! You can leave those worries to the landlord while you focus on creating memories in your cozy space.

You also have more flexibility when renting as you can choose from various locations and easily relocate if you decide to explore different neighbourhoods. 

With a fixed rent amount, you know precisely what you'll be paying each month. Besides that, you will only be paying your utilities. (city + gas and electric). That is of course unless there is an unpredictable rent increase. You might also face the possibility of moving if the owner decides to sell or renovate the property.

Another couple of downsides: Renting may mean limited customization options, as most landlords prefer to maintain their home's design. Additionally, if you’re a pet owner it can sometimes feel impossible to find a rental that will allow pets, especially large dogs.

Now, let's talk about the pride and joy of homeownership!

Owning your own home comes with that fantastic feeling of truly making it yours. Design, renovate, and create the perfect sanctuary that matches your unique style and preferences.

Not to mention - building equity - it's like planting seeds for your future! With the annual real estate appreciation rate in Canada for the last 15 years being around 6.11%, each monthly payment becomes an investment in your home, increasing your wealth over time. 

But homeownership does come with some considerations. Owning a home requires a more substantial upfront investment for the down payment. Your down payment will be a minimum of 5% and even 20% if you’re purchasing a home over $1million. Besides your monthly mortgage payment, other costs include utilities, property taxes and Insurance. You should also factor in a home maintenance budget which should be 1% of your home's total value every year. And yes, maintenance - it's now on your to-do list. You'll be the one handling those DIY projects and repairs or calling in the experts.

Also, owning means less flexibility in moving. That’s why choosing your location is so important and my entire reason for building this channel. Think of it as putting down roots and building memories in one place. If and when you decide to move, keep in mind that the housing market can fluctuate, and home values may be affected during downturns. There’s also a larger cost to moving when you own vs when you rent, as you’ll need to factor in the home selling process and costs like preparing to list, realtor fees, lawyers, and bank penalties if you pay out your mortgage early.

In the end, it's about finding the best fit for your current situation and where you see yourself in the next decade. And I’m always happy to help you see the bigger picture and make a choice that aligns with your dreams and aspirations of moving to Nanaimo on Vancouver Island.

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I have sold a property at 117 Cowling Pl in Nanaimo

I have sold a property at 117 Cowling Pl in Nanaimo. See details here

Tucked away in a tidy little cul de sac in a fantastic family neighbourhood that's known for its many parks and nature trails, sits this bright, cheerful 1400+ sq ft rancher. There are so many bonuses packed into this home: the sunny open concept kitchen features vaulted ceilings, newer countertops, stainless steel appliances, and a large pantry with custom wooden doors. The bathrooms have benefitted from newer lighting, tile floors and paint. The spacious living/dining area flows into the fully fenced, private back yard, which has low maintenance landscaping with an irrigation system. The double garage is heated and has additional lighting, perfect to use as a home workshop and with the wide driveway, there is enough parking for 4 cars. 117 Cowling Pl is also steps from Chase River Elementary and only a 4 min drive to Southgate Centre! All msmts apx and must be verified if important.

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I’ve had a few requests recently about making this post to highlight the differences between living in two of Vancouver Island’s largest cities, Victoria and Nanaimo. I’m not surprised at all because I know firsthand how choosing the perfect city to call home is a huge decision and if you’ve never been here you often don’t know where to start! Both Victoria and Nanaimo are popular tourist destinations, but which is best suited for your relocation? Depending on the kind of person you are and your needs, each city will offer its own unique pros and cons. Let’s explore.

Let's talk numbers!

Victoria, the capital of British Columbia, is the larger city of the two, with a population of the greater region, of around 415,000 people and a density of 4,406/(km²). On the other hand, Nanaimo, a gem nestled on the east coast of the island, has a more intimate community with around 100,000 residents and has a density of Density 997.2 (km²). With its smaller size, Nanaimo offers a close-knit atmosphere that many people including myself find appealing. I find it to be the perfect balance of city living and having some breathing room however it’s your call if you like a busier atmosphere, then Victoria is for you!

Amenities and Driving Times

Both cities boast fantastic amenities, but the bigger population in Victoria means a wider variety of shopping, dining, and cultural experiences like concert events. However, Nanaimo is no slouch when it comes to amenities! It's got everything you need, and often with shorter driving times to access them. Also Keep in mind that Victoria might experience more traffic, especially during rush hours.

Cost of Homes and Living

Now, let's talk about everyone's favourite topic it seems: home prices! Victoria does come with a higher price tag for both homes and general living expenses. In the last 90 days, the median sale price for a 3-bedroom detached home in the greater region was $1,118,000. On the other hand, Nanaimo offers more affordable housing options, with a 90-day median sale price of $749,950 making it an attractive choice for those looking to get more bang for their buck. When it comes to property taxes, Nanaimo is one of the highest in the province behind Powell River and Kamloops with a rate of 0.600870%. So, for a $750,000 home, you’d be paying $4506. In Victoria, where the property tax rate is lower at 0.449150%, that 1,118,000 home will still cost you $5021 in property taxes.

Rental Costs

If you're considering renting, Nanaimo tends to have slightly lower rental costs compared to Victoria, making it an excellent option for those starting on the island or seeking temporary accommodations. Victoria has a rental vacancy rate of just 1.5% and the average rental cost for a 1 bedroom apartment last month was $2,049, which has remained stable since last year. Nanaimo’s rental vacancy rate is 2.2% and the average for a 1 bedroom apartment is $1,606 which has actually decreased by 6% since last year. 


Proximity to Outdoor Activities

One of the major draws to Vancouver Island is its’ breathtaking natural beauty. Victoria and Nanaimo both offer fantastic access to hiking trails, mountain ranges, and nearby beaches. Victoria's proximity to the Juan de Fuca trail and Sooke Potholes is a hiker's paradise. Meanwhile, Nanaimo offers easy access to the Mount Benson trail, Nanaimo River and not to mention is centrally located on Vancouver Island making it the perfect starting point for nature lovers and water enthusiasts.

Airport Access

For frequent travellers, Victoria's International Airport offers a broader range of flights. However, Nanaimo Airport provides convenient regional connections and is just a short drive away. Also, both cities have BC ferry terminals offering another option to leave the Island, although why would you ever want to? 

Weather

A hot topic for anyone moving to BC is the weather. You may have heard that we get a lot of rain but that isn’t true when speaking about Vancouver Island. In fact, Victoria is one of the sunniest cities in BC with an average of 317 days of sunshine per year and gets more sunshine than 82% of Canada’s urban population. Nanaimo also sees a fair bit of sun, with an average of around 300 days but for this particular category, if you’re looking to avoid the rain Victoria is the safest bet.

In the end, choosing between Victoria and Nanaimo comes down to your unique lifestyle preferences and needs. Victoria dazzles with its big-city amenities, while Nanaimo provides a more intimate community experience. Both cities offer an incredible quality of life, surrounded by the island's stunning beauty.

Whichever you choose, you'll be embraced by friendly locals, gorgeous landscapes, and the quintessential West Coast charm. I hope this comparison helped you gain some clarity on what each city has to offer. And make sure you get in touch if you have any specific questions about relocating to either Victoria or Nanaimo.

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What have you heard about the process of moving to Vancouver Island that has you apprehensive about what the process is like, and is it worth it? I’ll be busting the top 5 myths about moving to Vancouver Island. 

Starting with…

You Need to be Here to Buy

I want to start off by saying that in an ideal situation, being present on Vancouver Island for your home search is highly recommended. A home purchase is likely the biggest you will make in your life and you want to make sure you’re as certain as possible that not only are you in the right home but also the right location. For this reason, I think making an exploratory visit if you’ve never been here is a great plan. That’s what we did, and I was glad because we were able to narrow down that we really only wanted to live in Nanaimo vs other areas. With all that in mind however, it’s entirely possible that although you aren’t physically present, a property you like can come on the market and you don’t have time to visit, especially if you’re from further away or out of province. In this case, having a realtor do a virtual showing for you is a great way to get into the home for a viewing. Should you decide to write an offer on a home you haven’t seen in person you and your realtor can decide if you need to negotiate a second viewing so that you can physically see the home. It’s possible that this strategy might make your offer less appealing but it’s important that you know the risks involved in buying a home sight unseen and you and your realtor will need to have a serious discussion about this. Whether you see the home in person or not, so much of what we do these days can be done remotely such as signing contracts virtually, wire transferring of funds for deposits etc etc. 

You Don’t Need a Real Estate Agent

While this might be true in theory- you don’t need to have representation when purchasing a home- that also comes with a laundry list of risks- I would argue that it’s especially important that you have a real estate agent with local knowledge and community ties that can act as your buying agent, especially if you’re from out of province. If you don’t know where to start but have someone near you that you like and trust, they can always refer you to an agent on Vancouver Island that will take care of you.

Getting set up with an agent early can be beneficial for a few reasons. You can be set up right away with a home search on the MLS which will prepare you for a possible visit and home tour. What you don’t want to do is show up in a town on Vancouver Island and see homes for sale and expect someone to just let you in to see them. Have someone who can set these appointments up beforehand as homeowners need notice to prepare their homes for viewings. While you can also go to Open Houses while here it’s always nice to have a skilled professional with you to help guide you on these viewings. 

Another benefit to having a realtor on Vancouver Island when you’re buying from out of province is that they most likely already have relationships with professionals you will need during your home purchase process, such as a home inspector, and will be able to recommend their services and facilitate appointments. This can be especially beneficial when you are on a tight time frame and can expedite the process.

Having someone who works locally can work out in your favour if they have good relationships with other realtors in the area. Realtors will always act in your best interest as part of their fiduciary duties. However, when it comes time to negotiate that process can be so much smoother communication wise etc when both parties have a pre-existing relationship or have worked together in the past. 


It’s Too Expensive

I’m talking housing here. We all know BC is one of the most expensive provinces to live in Canada. Even still, cities in BC are amongst some of the fastest growing populations including Nanaimo, which is the 5th and also located on Vancouver Island. While the median home price in Vancouver is $1,188,000, Nanaimo is lower at $738,250. Think this is still high? There are many other places on Vancouver Island that deliver the quality of life and the beauty you expect here for less. In Port Alberni, a small city about an hour outside of Nanaimo on the way to Tofino, homes sold a median price of $535,000 over the last 90 days. It’s considered the most affordable city on Vancouver Island but has great outdoor living and many amenities. Some other areas have lower home prices, some of which I spoke about in my video “Small Towns on Vancouver Island you can move to”. My point is you can work with a realtor to find something that works within your budget, you may just not end up in larger cities like Victoria if you want a cheap single-family detached home. 

You Will Be Isolated

No doubt you will have some apprehension about moving to an Island. How remote! How Isolating! Well, it’s not actually like that at all. Vancouver Island is about 460 km’s long and has plenty to offer in and of itself. Many Islanders don’t have the need to leave the island often as you can find almost anything you need right here. 

If, however, you do need to take a trip to the mainland you have many options for travel. You heard about my personal experience using BC ferries to commute to work in West Vancouver for an entire year and BC ferries terminals can be found all over the west coast of the Island. 

Additionally, and you may have already heard, a new passenger ferry service called Hullo connecting downtown Nanaimo to downtown Vancouver in 70 minutes is coming in late August! 

If you’re not into taking a boat you can hop on a float plane via a few different services like Harbour Air. There are also airports all over Vancouver Island, some with commercial services like Nanaimo and Comox. 

However, if you choose to travel I have no doubt you won’t feel as cut off from the world as you might imagine. This place offers so much and it’s hard ever to want to leave at all!

You Won’t be Welcomed

I admit that I was weary of our reception to moving to Nanaimo. It’s common to hear people comment that the Island is overpopulated and that they don’t want any more people moving here. It’s true that the island is seeing a lot of growth… Nanaimo itself grew by 10% between 2016 and 2021. Every time I would meet new people I would hesitate to tell them we had recently relocated from the mainland but when I finally did I found that the other person was either a transplant themselves or they were happy to have us! Honestly, what you see online are usually just cranky people hiding behind their keyboards and wouldn’t say the things they do to you in person. I can only speak from my own experience but I have found people in Nanaimo to be some of the friendliest and my friend circle has grown tremendously since relocating here.

So there are my top 5 myths about moving to Vancouver Island and why it can be one of the best decisions you will make! I hope to see you soon on Vancouver Island!

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Today’s neighbourhood feature is an area called Uplands, located in the northern central part of Nanaimo just above Long Lake. You will drive by Long Lake if you’re taking Island Highway north and the homes on the ridge are what is considered Long Lake Heights. More on this later!

The Uplands location is really great for a few reasons! It runs parallel to the highway so you can easily get to areas like downtown in no time, but the highway is on the other side of Long Lake so it’s not noisy. It’s the location for two of Nanaimo’s larger shopping centers, North Town Center and Country Club Center. Both of which have everything you need- from groceries to liquor stores, fashion and a movie theatre and each one is just a 5-minute drive from the other. Woodgrove Center, the largest shopping mall on Vancouver Island, is also very close.

Homes in Uplands were mostly constructed between 1961-1980, many on tree-lined and flat residential streets but also some interesting cliffside and rocky terrain, mainly in Long Lake Heights. Long Lake Heights is a Bareland Strata community located on Long Lake. This freshwater lake is a hot spot for kayaking, swimming on a sandy beach and fishing! The views of the lake and beyond Mount Benson are really great as you feel perched up above the city taking everything in! A downside to this is the hilly landscape makes the roads in the neighbourhood very steep and dangerous in the wintertime. If you’re not familiar with what strata living entails, make sure you get in touch with a real estate professional like me. We looked at a few homes in Long Lake Heights before realizing they were strata and ultimately decided it wasn’t for us. The Knowledge I’ve gathered from those I’ve met is that it’s a well-run strata and a well-maintained area, including frequent snow removal for the steep roads I spoke about.

Single-family detached homes in the Uplands community over the last 30 days were sold at a median price of $672,500. There are also many condominium and townhouse complexes, making it a great starter neighbourhood for families. 

There are other great reasons that make Uplands a great neighbourhood for families! It’s rated highly for being quiet and safe, and the school here is called Uplands Park Elementary which is a feeder school for Wellington Secondary not too far away in Departure Bay. Both schools are highly regarded in the city of Nanaimo. Uplands is home to one of the city's best recreation centers, Oliver Woods Community Center. So many of Simon’s summer and school break camps take place here and he’s always enjoyed them and the camp staff are amazing with kids! It doesn’t have a pool but facilities can be rented out for birthday parties and events. 

There are some great local parks in Uplands that you can walk to and the neighbourhood is home to a smaller hike called Rutherford and Radar Ridge, a 3.5 km loop up Cottle Hill where you can take in views of the Valley below from the top. 

If you’re looking for somewhere to eat on date night, consider Eve Olive. This is the best plant-based restaurant in Nanaimo with a cozy vibe you’ll really love!

If this sounds like somewhere you’d like to be and are considering a move to Nanaimo or Vancouver Island, be sure to get in touch with me soon!

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