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A Real Estate Minute

Answers to your real estate questions

Q.  Derrick,We live in a modest two bedroom bungalow on a good size lot in a nice family neighbourhood. The home is in need of a roof and a furnace. Is it worth our while to replace these before selling or are we really just selling the land?

A.  Great Question, If your home is a true bungalow, no bedrooms above the main floor, don’t worry about replacing the roof or furnace. It’s land value!

 

That’s the bad news. The good news is, the value of land in New West is skyrocketing. Near land value homes have gone up almost $100,000.00 in the last 12 months. The sad news, every city needs variety of housing, losing our city’s charming bungalows is a shame.

 

We don’t all need large homes with double garages. We need a variety of housing for all types of families. The one bright note, if that bungalow is on a small lot and in good condition, it’s safe for a while. Other than that, the bungalow in New Westminster, I m sad to say, has just made it to the endangered species list.

HOT TIP #5

 If it does not have a second level, it is probably land!

 


 

Q.  Derrick, we have a dog, a cat, and a parrot. How should we deal with them while showing our home?

A.  Pets do require a little more planning, but it’s still possible to successfully sell your home. You do not have to remove all evidence of pets, just make sure to put away their day beds and litter boxes.

 

If you have wood floors hopefully you walk your dog a lot. If not, consider refinishing them. There are three types of cats, the ones that hide during showings, the ones that could care less, and the ones that follow you around. All cause little concern when showing. The parrot however, can be very messy if allowed to roam.

 

Clean up any evidence of the dirty bird. If it knows any bad words it should be gagged. A

parrot once told my client to #@%& repeatedly.

 

She heeded the birds advice, and the showing was over quickly.

HOT TIP #6

 Leave the cat, take the dog and gag the parrot.

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.