R E A L E S T A T E W E E K L Y

MAPLE RIDGE PITT MEADOWS FRIDAY, APRIL 3, 2015info@rew.ca • 604-435-7977

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A common topic among real estate buyers is whether or not they should off er a price

that is much lower than the listed price. It’s an interesting concept, but one that is not without its pitfalls. Submitting an off er is one thing, but getting the off er accept-ed is another thing altogether. Let’s take a look at three diff erent factors to consider.

1) Be Certain You Fully Understand Market Conditions

In a market like Vancouver and

the Lower Mainland we are often

faced with an inevitable real-

ity – people really like living here.

Sellers are more than aware of

this, and are primed to take full

advantage.

Having a look at comparable

properties in the area that have

sold going back as far as two years

(or further) will give you a good

understanding of what the seller is

expecting. Maybe they’ve already

priced it low to encourage multiple

off ers or a quick sale? If that’s the

case, it’s likely they won’t even

submit a counter off er.

As real estate agents we are

very much held to account by what

the market will bear, and buyers

and sellers are not immune to this

either.

2) Make Sure You Are Willing To Negotiate

Starting will a low off er could be

considered disrespectful or a bul-

lying tactic. If that’s the case, why

not submit another off er slightly

higher if you don’t hear back from

the seller? If the goal is to get the

ball rolling on negotiations, being

fl exible can enhance the likelihood

of this occurring.

The #1 rule of real estate is to

not take things personally, so if

you plan of submitting an off er

that is substantially lower than the

listed price, make sure you off er

the seller something in return.

3) Your Offer Should Be As Clean As Clean Can Be

If price is your primary concern,

then the other subjects in the off er

should be valuable to the seller.

Is off ering a quick possession of

value? You never truly know some-

one’s motivation for selling – for

all you know this money could

be keeping a business afl oat or

needed to bail a family member out

of fi nancial trouble.

There is one thing that is con-

stant throughout the world, and

that is money makes it go round.

And cash is king! Use any superla-

tive you want, but quick money

can off er be a great thing to off er

a seller. Excluding the fi nancing

clause and off ering a large deposit

will let the other party know you

are serious and able to act quickly.

As a real estate agent in

Vancouver I personally prefer to

avoid lowball off ers, but a lot of

agents who work with investors are

more comfortable with this strat-

egy. It’s not my preferred way of

doing business, but at the end of

the day it’s always ultimately my

client’s decision whether or not

they want to submit or accept an

off er that is substantially lower

than the listed price.

More real estate advice from local Realtor Barry Magee at his website livinginvancity.com

Is Lowball Offeringa Legitimate Buying Strategy?

•2 REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY APRIL 3, 2015

Brookside RealtyChad August

chadaugust@shaw.ca

604.318.5254604.318.5254WWW.CHADAUGUST.COMWWW.CHADAUGUST.COM

Rivers Edge • 11580 223rd St.

WATERVIEWWATERVIEW

• 600sq ft - 1054sq ft • Amazing functional layouts• Some water views • Steps to W.C express and Water

www.lifeatriversedge.com

CONDOS FROM ONLY $159,000 - $299,900

20% SOLD

20210 121st Maple Ridge • NEW LISTING!

• Updated West Maple Ridge • 3 bed, 3 bath• South facing, private yard 2050 sq ft• Too many updates inside and out

$549,900$549,900 V1108756V1108756

19549 115B AVE. PITT MEADOWS

JUST SOLDJUST SOLD

V1108724$619,900

#702 - 12069 Harris Road

JUST SOLDJUST SOLD

V1108566$229,900

#20 19538 Bishops Reach

JUST SOLDJUST SOLD

V1109366$326,900

#19 19490 Fraser Way

JUST SOLDJUST SOLD

V1096281$524,900

1003 12069 & 1006 12079 Harris Road

2 LUXURIOUS CONDOS • Over 2000sq ft • Spacious Plans• Top Floor, Concrete and Steel construction

V1110580V1110580 AMAZING VIEWSAMAZING VIEWS

NEW LISTINGS • From $1,248,000NEW LISTINGS • From $1,248,000

V1110591V1110591

• WHY RENT at this Price • Immaculate condition,

like new • Small well run building

#402 22290North Avenue

V1112800$179,900$179,900

• 2 bed + den, 2 bath, 1000sq ft• Large patio, sides beautiful greenspace

OPEN HOUSE SUNDAYAPRIL 5th 1-3PM

V1106901V1106901$309,900$309,900

#203 12079 Harris Rd.

NEW LISTINGNEW LISTING

Helping you is what we do.™

Check out our OPEN HOUSES at www.brooksiderealty.ca $274,900

STONEHOUSE ESTATES• Recently Reduced!• 3 bedroom, 3 bathroom, 2

level townhome.• One of the largest and open

plans in the complex. Home has had some upgrades which include laminate and lino fl ooring, plus fresh paint.

• Stop by today to view!Randy & Tracy Delair 463-2991

$829,888

CHECK IT OUT!• Rare Opportunity, Classic,

World Class.• Custom Built Lodge Home.• Scandinavian Fully Scribed

Saddle Notch Craftsmanship & Construction.

• .42 Acre Nestled in the Very Desirable Private Silver Valley Area.

• $200,000 Cosmetic Face-Lift. • Living Space & Room for an

Extended Family.Randall Didiuk 604-377-7765

$334,500

NORTH PORT COQUITLAM• Brownstone style 2 level

Townhome. • High end fi nishings.• Open great room on main fl oor. • Good size bedrooms. • Very nice complex, walking

distance to all amenities.• 2 parking stalls INCLUDED. • This won’t last long!Pat & Shannon Drummond604-817-8664

$269,000

FABULOUS FRASERVIEW VILLAGE!• 1736 sqft of quality living. • End unit; largest, brightest,

cleanest & best location in the complex.

• Many upgrades. • Entertainment size deck off large

family room. • Access to swimming pool, hot

tub, games room, meeting & activity room

Rick Medhurst 604-463-3000

$375,000

DON’T MISS OUT!• Reduced!• Property is in rural setting. • Home has 4 bedrooms up & 3

bathrooms. • Lots of room in the partially

fi nished basement for 2 more bedrooms.

• Good barn with loft at rear of property.

• Property is great, house needs some work.

Rick Medhurst 604-463-3000

SHELTER FOUNDATION• We help more than 30,000

women and children each year.

• Let’s put abuse out of commission!

• The Royal LePage Shelter Foundation is Canada’s largest public foundation dedicated exclusively to funding women’s shelters and violence prevention and education programs.

“FOR OUR OPEN HOUSES VISIT WWW.DANNYANDCLAUDIO.COM”

Brookside Realty 11933 224th Street Maple Ridge

FOR THE “ON THE GO”409 12248224TH STREETONE BDRM + DEN

UBANO

• 765 sq. ft.• TOP FLOOR• Access to rec rm/gym• Secure parking• Short stroll to cafes• Walk to shopping• Minutes to W C Express

$189,000

3 BRDMS ~ 3 BATHS7 11534 207TH STREETWESTSIDE

BRITTANY COURT

• 1621 s. f. 2 level T/H• 3 bdrms ~ 3 baths• Blks from M R Golf Course• DOUBLE GARAGE• Crawl space for extra storage• Minutes to shopping• Close to W C Express

$359,0002 BDRM CORNER UNIT

113 19091 McMyn RoadMCMYN MEWS

PITT MEADOWS

• 2 bdrms PLUS den ~ 2 baths• 1121 s f corner unit• GROUND LEVEL• 9’ ceilings• PRIVATE garden patio• Walk to shopping• Walk to W C Express

$269,000

MEADOW LANES ESTATE49 12268 189 A STREETPITT MEADOWS!!

DOUBLE GARAGE!!!!

• 3 bed/3 bath• 1486 s f two level• 4’ dry crawlspace• DOUBLE GARAGE• 2 PETS ALLOWED• Walk to schools• Convenient location!

$369,000

EXECUTIVE ON GREENBELT!3 - 13887 DOCKSTEADER LPCUL-DE-SAC

GREENBELT VIEW!

• 4 bedrooms ~ 4 baths• 3543 sq. ft. 3 level• Soaring 20 ft. vault ceiling• Floor to ceiling rock F/P• Great room plan• Fin bsmnt with sep entry• ON GREENBELT!

$674,900

LOCATION, PRESTIGE23855 ZERON AVENUEVIEW INCLUDED!

NEW PRICE!!!

• 5 bdrms ~ 3 baths• 2757 sq. ft. on 2 levels• NICELY UPDATED!• GREAT PRIVATE BACKYARD!• Views of Fraser River• Minutes to all amenities• Short drive to W C Express

$559,900

CUTE & COZY STARTER!22162 121ST STREETCHARACTER!

WEST CENTRAL

• 910 s f starter home• Set on 9030 s f lot!• Hardwood/tile fl ooring• 20 x 22 WORKSHOP W/220 HAS WATER• blocks to downtown• Walk to shopping/rec• Short distance to W C Express

$499,000

STYLISH SPACES5 1395 MARGUERITE ST.BURKE MOUNTAIN

MARGUERITE LANE

• 3 bdrms ~ 4 baths• 3 level END UNIT T/H• 2018 square feet fi nished• ON GREENBELT• Rec room for movie nights• Fully fenced yard• Minutes to all amenities

$618,000

SPACE TO RAISE A FAMILY!10668 - 248A StreetHIGHLAND VISTAS

NEW PRICE!!

• 4 bdrms ~ 4 baths• 2171 s f 2 storey w/bsmnt• Great Room fl oor plan• Kitchen w/granite• Fully fences backyard• Minutes to schools, shopping• Short drive to W C Express

$509,900

SPACE TO RAISE A FAMILY!12249 McNutt RoadCITY WATER!!!

RURAL ACRE

• 3 bdrms + den ~ 3 baths• 2532 s f 3 level split• Rec room AND hobby room• Set on an rural acre• CITY WATER!!• Quiet and peaceful• Minutes to all amenities

$739,000

Jim Isherwood604-250-7755

Nicole Jackson604-467-5000

Brookside Realty

11933-224 Street, Maple Ridge • 604-467-5000

OPEN EVERY DAY 1-4PM, CLOSED THURS & FRI

STARTING AT $159,900 RIVER'S EDGE

11580 223 Street, Maple Ridge

• Only 51 amazing opportunities• Built with the highest & strictest standards of construction• Only the fi nest materials being used• Inside the best layouts in the market place with each sq.ft. maximized• Unbeatable location that offers spectacular riverfront dining, easy access to town centre and Port Haney Wharf• 3 years of maintenance fees• Buy with confi dence. Move in today!

$1,800,00013245 236th Street, Maple Ridge• Nearly 2 acres on city water• Not in the ALR & potential to rezone• New subdivision next door• Large 3 bedroom rancher• Beautiful attached greenhouse with a koi fi sh pond• Grounds have many mature trees & shrubs, a gardener's delight!

$599,80012580 Garibaldi Street, Maple Ridge• Very private 3 bed rancher on 2 acres• Bright kitchen, sep. dining & living room has double sided fi replace• Approx. 1 acre is fenced & landscaped w/2 road frontages on Garibaldi• 2 garden sheds & small barn w/fenced poultry area• Covered deck overlooks Kanaka Creek• 5' crawl space. Dbl garage

12006McIntyre Court,

Maple Ridge

$359,500• Cute 2-storey West Maple Ridge home• Located on quiet cul-de-sac & built with 2x6 construction• The hot water heating & woodburning fi replace will keep

those energy bills down• Many recent updates include a brand new roof, fl ooring,

appliances & hot water tank• Large bedrooms upstairs await your personal decorating ideas!

1211Seventh Avenue

New Westminster

$869,500• Lovely heritage style home built 1910• Fenced yard & covered front porch• Original beautiful fi r wood fl ooring• Beautifully renovated with all the modern conveniences• Chef's kitchen has custom dark cherry soft-close cabinets,

S/S appliances• Basement rec room has built-in speakers & sound-proof

walls. Must see!

NEW PRICE

$509,90013318 235A Street, Maple Ridge• Park-like settings & Fraser Valley views• 5 appliances, blinds• Heritage doors & baseboards • Gas fi replace• Quartz countertops and hardwood fl ooring• 10 year warranty + more!

REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY APRIL 3, 2015 3•

Open House Fri-Sun 11-4 Phone: 604-745-4104

Whether you are buying or renting it isalways fun in the Sunny Fraser Valley.

www.discoverbridalfalls.com *Net of Rebates.

STARTING FROM $179,950*

CERTIFIED & LICENSED HOME INSPECTION SERVICES

YOUR TRUSTED HOME INSPECTION SPECIALIST778-808-8844

WWW.INSPECTIONSWEST.CA

We See What YouDon’t See!Inspections West

SIMMY SANDHU604-897-5880

DEXTER ASSOCIATES REALTY

JUST LISTED! $299,000

UPDATED 2 BEDROOM, 2 BATHROOM CONDOUPDATED 2 bedroom, 2 bathroom condo with NEW stainless steel appliances and counter tops in Kitchen & bathrooms, in beautiful West Coquitlam. 10 minute walk to skytrain and Lougheed Mall and nearby Vancouver Golf Club, close to all major amenities, shopping, schools & S.F.U. Perfect for the fi rst time home buyer or for those looking to downsize. MUST SEE TO APPRECIATE. SHOWS LIKE NEW!

#201 - 558 ROCHESTER AVENUE

MAPLE RIDGE • PITT MEADOWS (INCLUDES MISSION LISTINGS)

R E A L E S T A T E W E E K L Y

Looking for a newhome? Start here.

F R I D A Y , A P R I L 3 , 2 0 1 5

I n P r i n t > O n l i n e > I t ’ s A l l H e r e

Despite the seemingly unstoppable rise in resale house prices in Metro Vancouver, the price of a newly built home in the city continued to drop in January this year, according to Statistics Canada fi gures released March 12.

New homes in the area fell 0.1 per cent com-pared with December 2014 and 0.6 per cent year over year, continuing the trend of recent months.

The New Housing Price Index also fell 0.6 per cent year over year and 0.1 per cent month over month across the whole of BC.

Victoria saw Canada’s biggest new home price decrease in January, dropping 1.5 per cent com-

pared with January last year, as well as 0.5 per cent since December.

Vancouver and Victoria were two of only eight metropolitan regions to report decreases in new home prices in January, out of a total of 21 areas surveyed.

The index combines both home and land val-ues. As in previous months, the above decreases in value were entirely attributed to developers reporting a drop in negotiated home prices, with land values remaining unchanged for several months.

Across Canada, the index increased 1.4 per cent year over year but fell 0.1 per cent month over month.

Calgary again reported the country’s biggest jump in new home prices in January, rising 5.1 per cent year over year.

Vancouver and BC New Home Prices Offer Buyers Increasingly Good Value