Blog by Michael Giesbrecht

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BC Unemployment Low

April 30th, 2007

The unemployment rate measures the number of people in the labour force not working.   B.C.'s rate is below the national average and was sitting at 4% through February.

Selling Cottages

April 29th, 2007

Selling cottages, or any asset for that matter, to children for less than fair market value can result in double taxation because the transferor will have proceeds equal to fair market value and the recipient will have an adjusted cost base equal to what they paid.

Alternatives include:

(i) a gift to the child which would be a disposition at fair market value to the transferor and ...

Northlands Open House!

April 26th, 2007

We are proud to announce that this Thursday, April 26, 2007, 10:00 AM to 12:00 PM we will be hosting an Open House at 3658 BANFF Court in Northlands, North Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Northlands.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Northlands Condo for sale.
As always pl ...

Make Sure You Have a Marketing Plan

April 25th, 2007
Make Sure You Have A Marketing Plan

By Michael Giesbrecht
Prudential Sussex Realty
April 2007

 

Only for the rare few sellers will simply placing a “For Sale” yard sign on the front lawn create a line of traffic filled with potential buyers. If you want buyers to see your home, you’ve got to find them. The key is marketing. To get the most exposure for your home, you should have ...

Lower Lonsdale Open House!

April 25th, 2007

We are proud to announce that this Sunday, April 29, 2007, 2:00 PM to 4:00 PM we will be hosting an Open House at 330 2ND Street in Lower Lonsdale, North Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Lower Lonsdale.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Lower Lonsdale Condo for sale.
As a ...

Lower Lonsdale Open House!

April 25th, 2007

We are proud to announce that this Saturday, April 28, 2007, 2:00 PM to 4:00 PM we will be hosting an Open House at 330 2ND Street in Lower Lonsdale, North Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Lower Lonsdale.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Lower Lonsdale Condo for sale.
As ...

103 330 2ND Street, North Vancouver, British Columbia

April 25th, 2007

I just finished uploading this Condo for sale, 103 330 2ND Street, North Vancouver, British Columbia

Large south-facing deck & view come with a 2 bedroom/2 bathroom apartment. This apartment is one floor off the ground.

Before You Buy a Condo

April 21st, 2007

Here are some good questions to ask before purchasing a particular condominium:

What are the monthly maintenance fees and what do they include?

Self managed or managed by a property management firm?

What is the reputation of the builder/developer?

If the building is older than 1999, what building inspections have been done?  Any engineering reports?

Are there a ...

Most Expensive Homes on the U.S. Market

April 18th, 2007

No. 1 - $155 million - The Pinnacle at Yellowstone Club - Big Sky, Montana
No. 2 - $135 million - Hala Ranch - Aspen, Colorado
No. 3 - $125 million - Trump Estate - Palm Beach, Florida
No. 4 - $100 million - Tranquility - Lake Tahoe, Nevada
No. 5* - $75 million - The Portabello - Corona del Mar, California
No. 5* - $75 million - Three Ponds - Bridgehampton, New York
No. 6 - $70 millio ...

West Vancouver Dundarave / Ambleside

April 11th, 2007

There are currently twenty-nine condos for sale and there have been thirty-eight sales so far this year.  The length of time to sell these homes right now is averaging just under 30 days.  About 1/3 of the sales this year have been at full or above asking price.

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