Real Estate News

13
Jun

Large Land Sale in Abbotsford – April 11, 2022 – $20,500,000.00

The property located at 1812 Foy St was purchased by U-Haul Canada. This parcel I would assume will be used for storage etc. It was a 4.91 acre piece. Sale price was just over 20 million dollars ($4,175,000 per acre). Assessed value was just over $14,000,000. It sounds like they want to rezone the property to I2, which is in

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30
Apr

Rising Prices Continue to Dominate Headlines

Inflation is impacting almost everything and everyone, almost everywhere. Forecasters predict that the global economy is trending toward stable growth. Even as a commodity prices continue trending higher, economies are transitioning to a post-pandemic fiscal and monetary policies. However, the conflict overseas will likely complicate Central Bank decisions as higher energy prices may interfere to sustain inflation. But is higher

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28
Apr

Washers and Dryers – The Scoop

Dryers: Electric vs Gas Gas dryers cost less to operate per load, about half the cost of an electric dryer. However, when comparing value, if there is not already a gas line and gas vent in your laundry area factor in the cost of having them installed and also the higher initial cost of the dryer. Washers: Top-Load vs Front-Load

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25
Apr

Prepare, Before the Home Inspection

When you’re in selling-mode, take care of the small details before going to the market. Repair or replace damaged or missing items. Ensure that: Windows open and close with ease. Faucets are drip free and toilets don’t run continually Appliances are clean Shower tiles are firmly affixed without mould lines Foundation cracks are repaired Home buyers choose a home inspection,

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25
Apr

Federal Government Moving Ahead with Single-Use Plastics Ban

Years of consultation are coming to a close this month as the Government of Canada works toward addressing the environmental impact of plastic pollution which looks to include a ban on certain harmful single-use plastics in the short term. In Canada: Approx. 30% of the plastics used are for single use products and packaging. Most of these items are not

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