Blog by Tad Lake

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Investor Math

April 6th, 2011
Here's a good, brass-tacks (or is that brass-tax?) look at ROI formulation on burgeoning communities and there real estate investment markets. Kind of an over-simplification but when you do the math like this you have an excellent tool to start your search. 

VANCOUVER STILL SKEWING US UPWARD

March 14th, 2011
Vancouver Leads BC Housing Markets   Vancouver, BC – March 14, 2011. The British Columbia Real Estate Association (BCREA)  reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 5 per  cent in February from January 2011, on a seasonally adjusted basis. Compared to February of  2010, MLS® residential unit sales increased 8 per cent to 6,410 units. The ave ...

LATEST BCREA CONSTRUCTION STATS

March 7th, 2011
  BCREA ECONOMICS NOW Canadian Building Permits (January)- March, 7 2011 Canadian building permits fell 5.1 per cent in January. Residential permits declined 0.9 per cent from December, while non-residential building permits tumbled 13.3 per cent.  Construction intentions in BC fell 4.5 per cent from December and 13.6 per cent year-over-year. Residential permits rose sharply, incre ...

#301 1901 CHOQUETTE AVENUE, NELSON, BC

March 3rd, 2011
I just finished uploading this Complex Strata for sale, #301 1901 CHOQUETTE AVENUE, NELSON, BCPerhaps the most unique setting of all the units available at the Villas at Granite Pointe in beautiful Nelson British Columbia, this property truly delivers nature to the doorstep. This is by far the best priced of the owner-offered units in this now fully sold-out strata development, and repres ...

February 21st, 2011 4:06 PM I recently valued a property that was the center of a law suit. The problem arose when the owners of the property decided that adding their son to the title as a joint tenant was a simple way of ensuring, that upon the parents

February 21st, 2011
Here's a great article outlining the potential downside of trying to sidestep a probate tax through joint tennancy from Gina Ironmonger at Keystone Appraisals. Have a look it you're thinking about going down this road. Excerpt below: "I recently valued a property that was the center of a law suit. The problem arose when the owners of the property decided that adding their son to the title as ...

4065 ALPINE ROAD, NELSON, BC

February 11th, 2011
I just finished uploading this House & Acreage for sale, 4065 ALPINE ROAD, NELSON, BCHere is a beautiful family home with amazing curb appeal at 9 Mile, walking distance from the beach and just a short drive from the heart of Nelson. Enormous, park-like backyard (.43 acre) is beautifully landscaped complete with playhouse and storage, extended hiking paths, and a year-round creek that cuts ...

More Mortgage Rules Changes

January 17th, 2011
As a rule, I don't think that this is a biggy for Kootenay buyers (I can't remember the last time I had a buyer go for a 35 year amortization). More relevant to markets with a much higher entry level price (i.e Vancouver at $765K). I do take it as positive that the government is actively tracking consumer debt levels though. Maybe it's time for a no-lose lottery? Hmmn.CTV's thin coverage here ...

4540 CARLSON ROAD, BLEWETT, BC

January 16th, 2011
I just sold this Land Only at 4540 CARLSON ROAD, BLEWETT, BC .View this recently sold Land Only or see all my home sales

1990 14TH AVE (LUCAS RD), CASTLEGAR, BC

January 14th, 2011
I just finished uploading this House & Acreage for sale, 1990 14TH AVE (LUCAS RD), CASTLEGAR, BCHere's a rare opportunity to own a contemporary, Shed-style Kootenay character home on 5.4 very private acres just a few hundred meters outside the city of Castlegar. Located just of HWY 3B on the way to Grand Forks, just outside the Castlegar city limits, this 3-4 bedroom home feels like a special ...

4060 LITTLE SLOCAN S ROAD, PASSMORE, BC

November 27th, 2010
I just finished uploading this Land Only for sale, 4060 LITTLE SLOCAN S ROAD, PASSMORE, BCHere's a property with unlimited potential in the sunniest part of Passmore. The rarest of finds, this 5.04 acre parcel is all flat and usable and is completely treed, allowing you to choose your own sight-lines and level of privacy. The property isn't zoned and it isn't in the ALR so preferred use i ...
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