December Real Estate Statistics
The Kootenay region's market statistics have recently been updated. The average sale price for single family home in the area has dropped 12.4% compared to last year, while the number of single family homes sold has decreased by 50.4%. Click the link for the full report December 2022 Summary Statistics
BC Assessments are out!
The team at Bennett Family Real Estate is highly knowledgeable about the local real estate market and can provide accurate pricing for homes in the area. We use a variety of tools and resources to determine the value of a home, including recent sales data, market trends, and local economic conditions. While the BC Assessment rate is one factor to consider when determining the value of a home, it is not the only factor and may not always be reflective of a home's true value. We can provide you with a more accurate assessment of your home's value. If you are considering buying or selling a home, Bennett Family Real Esate is the best choice to ensure you get the best price. The team will work with you every step of the way to make the process as smooth and stress free as possible. Here is a link to a recent CBC news article that discusses this years BC Assessments. B.C home values rise 12% You can look up your homes value in the BC assessment website. BC Assessment
New Home Buyer Rescission Period
For anyone who has questions around the new regulation providing a "cooling off" period here is an article from the British Columbia Real Estate Association that offers some insight. This new leglistation is expected to be implemented on January 3rd 2023. CREA Article
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