Nelson Local Real Estate Blog : Valhalla Path Realty

Market Shift

2011-08-14T19:27:00.000-07:00

There has been a change from a strong Sellers market into a Buyers market here in the Nelson Kootenay area. Up until the end of July sales have taken nearly three weeks longer to sell and the average sale price has dropped $30,000 for a single family dwelling right in Nelson. The average sale price year to date for the period ending July 31st, 2011 was $335,151 .

Now is a great time to buy as there is a ton of inventory to chose from and prices are a bit more realistic compared to the spike in 2007. Interest rates remain favorable for the time being and it is a good time to lock into a secured fix rate if you don't like the uncertainty of a variable rate.

HST on Real Estate Transactions

2010-01-18T10:23:00.000-08:00

What the HST means for Home Buyers

The British Columbia Real Estate Association and its members are concerned that home buyers and sellers, particularly buyers of new homes, will bear most of the burden associated with the proposed Harmonized Sales Tax (HST).

The cost of real estate transactions will increase on July 1, 2010 with the introduction of the new HST. The people of BC will be particularly affected since our province has some of the highest priced real estate in the country. Approximately 40% of all real estate transactions in BC involve sales priced over $400,000, the original threshold for an HST rebate.

On November 18, 2009 the provincial government announced the HST transitional rules on housing which includes a threshold increase from $400,000 to $525,000, moving the threshold to above the median new home price in the province. According to the government news release announcing the transitional rules, the limit was increased due to feedback from consumers and the industry.

The effect of the HST will also be to introduce a new tax on most services provided by GST/HST registrants in BC. As such, service-providers like REALTORS®, home inspectors, and appraisers will be required by government to collect and remit 12% HST on their fees.

The bottom line is that the proposed HST will increase the cost of buying and selling all property and it will have a much greater impact on the purchase of newly-built homes. Almost 60 per cent of the average family's household income is required to cover home ownership costs. If the HST is implemented as planned, they'll be paying even more.

Information supplied by the British Columbia Real Estate Council.

For more information and to see how HST will affect your next purchase visit
http://www.bcrea.bc.ca/hst/hstaction.htm

Housing Forecast

2009-08-29T13:06:00.000-07:00

BCREA Forecast Update – 3rd Quarter 2009

BC Multiple Listing Service® (MLS®) residential sales are forecast to climb 15 per cent from 68,923 units in 2008 to 79,400 units this year, just below the ten-year average of 82,800 units. Residential sales in 2010 are forecast to rise an additional 6 per cent to 84,200 units. For comparison, a record 106,310 units were sold in 2005.

“After 12 months of significant volatility in BC’s housing markets, greater stability is expected through 2010,” said Cameron Muir, BCREA Chief Economist. “Robust housing demand is a strong signal that the economy is coming out of the recession, with a recovery in the broader economy expected to develop over the next three quarters.”

Home sales have doubled since January, with prices edging higher in Metro Vancouver and Victoria in recent months,” said Muir. The average annual MLS® residential price in the province is forecast to reach $451,200 in this year, down 1 per cent from a record $454,599 in 2008.

“Market conditions vary depending on the region of the province,” added Muir. “While the Metro Vancouver and Victoria markets have rebounded sharply, interior markets are demonstrating a more gradual trend toward balance between supply and demand.”

BC housing starts are forecast to increase 25 per cent 18,500 units next year after a dismal 2009. Housing starts are forecast to decline 57 per cent to 14,800 units this year, the lowest level of activity since 2000.

Kootenay Area Real Estate Statistics

2009-04-08T11:15:00.000-07:00

Kootenay Region Residential Statistics

If you are interested in purchasing real estate in the Kootenays during this buyers market but you are unsure where to invest during these slower economic times……take a look at the 2008 year end boundary breakdown. For individuals holding onto the dream of home ownership, or first time investment opportunities there are still some affordable housing prices in the smaller communities throughout the Kootenay region.

As per the Kootenay Real Estate Board Statistics for the end of December 2008 the averages on real estate in the Kootenay Boundaries were as followed:
( bear in mind these numbers can be skewed with large or small $ volume individual transactions )

Residential Sales Only

Castlegar $276,021 Elkford $287,140
Cranbrook $320,164 Fernie $513,899
Creston $249,657 Fruitvale $265,884

Golden $309,507 Invermere $416,984
Grand Forks $239,805 Kaslo $291,625
Greenwood $177,875 Kimberley $272,123

Midway $168,642 Nelson $359,711
Montrose $242,600 New Denver $192,750
Nakusp $249,972 Radium $340,000

Rossland $314,874 Slocan $167,250
Salmo $219,154 Sparwood $304,939
Silverton $N/A Trail $202,742

Warfield $183,705

2009 Real Estate Outlook For Canadian Markets

2009-01-05T09:42:00.000-08:00

Threat of global recession to hinder home sales in major Canadian housing markets in 2008 and 2009, says RE/MAX

Recovery linked to economic stability next year

Global economic uncertainty weighed heavily on residential real estate activity in most major Canadian centres during the latter half of 2008. Although the forecast for 2009 promises more of the same, most markets are expected to weather the storm, says RE/MAX.

Housing market performance will clearly be contingent on economic performance at a local, provincial, and national level in 2009. Issues affecting the overall economy are impacting housing markets across the country and the situation is not expected to be remedied until consumer confidence is restored. If inventory levels remain stable, pent-up demand kicks into gear, and lower interest rates stimulate home-buying activity, we could see a bounce back as early as spring.

The RE/MAX Housing Market Outlook for 2009 examined residential real estate trends in 22 markets across the country and found that average price held up remarkably well in 2008, despite 13 centres reporting double-digit declines in home sales. Solid gains earlier in the year likely served to prop-up housing values at year-end. The prognosis for housing activity in the first six to nine months of 2009 is somewhat static, given continued volatility in financial markets and the threat of recession, but as stability returns, housing markets are expected to recover.

Nationally, 440,000 homes are expected to change hands in 2008, down 15 per cent from record 2007 levels. Canadian housing values are expected to hover at $300,000, a nominal three per cent decline from last year’s historic peak. By year-end 2009, unit sales should match 2008 levels, while average price is forecast to fall another two per cent to $293,000.

Major markets are evenly split in terms of housing performance in 2009, with 11 centres forecast to match or exceed 2008 home sales and 11 expected to slide from 2008 levels. The highest percentage increase in unit sales is anticipated in Saskatoon, where the number of homes sold is forecast to climb three per cent in 2009. Housing values are expected to hold the line in 2009, with St. John’s, Montreal, Kingston, London, Winnipeg, Saskatoon, and Regina posting modest gains in average price in 2009.

Canada’s real estate environment is considerably more complex than it has been in recent years. The landscape is definitely changing -- with most markets shifting into either balanced or buyer’s territory. The shut out is over. Sellers no longer rule the roost. Opportunities exist for purchasers like never before, including lower interest rates, greater inventory levels, the luxury of time to make decisions, and the upper-hand at the negotiating table. Motivated vendors will need to take note of the new mindset and set their prices accordingly.

Canadian sellers are slowly adjusting to new realities. For most markets, 2008 started in balanced territory and moved into buyer’s market conditions during the latter half of 2008. The year ahead will prove challenging, especially for vendors.

While the economy will dictate real estate performance next year, it’s important to remember that demand still exists in the marketplace. In the midst of stock market turmoil, sold signs continue to appear on lawns across the country. With affordable lending rates and increased selection, first-time and move-up buyers with good credit may choose to play their investment strategy safe and purchase a home. The comfort of a tangible investment like real estate goes a long way in tough times.

House Values vs Inventory

2008-04-25T18:38:00.000-07:00

Rising housing values and lack of inventory challenge first-time buyers, says RE/MAX
“Homeownership continues to be primary objective”

While higher housing values and tight inventory levels have hampered home-buying activity so far this year, longer amortization periods and alternative housing types have offset the impact on most major markets across the country, according to a report released today by RE/MAX.

Despite a higher degree of frustration in the marketplace than in previous years, the RE/MAX Affordability Report found that first-time buyers, in particular, remain steadfast in their determination to purchase a home. In fact, entry-level purchasers are adjusting their expectations by sacrificing size, location, and even long-term financial freedom, to overcome challenges such as rising prices and serious supply issues. Innovative financing has become key to homeownership in today’s environment – with longer amortization periods gaining favour in 62 per cent of the major centres surveyed. Low or no down payments were popular with first-time buyers in 38 per cent of markets.

First-time purchasers continue to play a pivotal role at both a local and national level. The impact they have on the housing market is significant, as they are the impetus for sales in the mid-to-upper price ranges. As long as this segment of the market remains healthy, the real estate outlook will continue to be favourable.

Inventory levels, however, remain one of the foremost concerns facing purchasers across the country. A shortage of available entry-level product was identified as a major obstacle impeding buyer intentions in three-quarters of markets surveyed in the report, including St. John’s, Moncton, Fredericton, Halifax-Dartmouth, Ottawa, Greater Toronto Area, Hamilton-Burlington, Niagara Falls, Winnipeg, Regina, Saskatoon, Greater Vancouver, Victoria and Kelowna.

Doom and gloom reports coming from south of the border have yet to hinder overall momentum. First-time buyers are still leading the charge, taking advantage of every resource available to achieve homeownership. They’re determined to get into the market sooner rather than later. If suburban locations, smaller condominiums and town homes, or a little sweat equity is what it takes to get into the market, these purchasers are game.

Although average price is the barometer for housing values in most major centres, first-time buyers looking to achieve homeownership consider starting prices a more meaningful gauge of affordability. Starting prices can be substantially lower than the market average. For example, average price has surpassed the $600,000 benchmark in Greater Vancouver, while the starting price for a detached home can hover as low as $237,500 in the peripheral areas.

The best value for the dollar continues to be found in the suburbs. For those unwilling to sacrifice on location, small condominium units in new developments and condominium conversions of rental buildings offer up the next best alternative. Condominium conversions in some of the country’s major centres can be picked up as low as $150,000 to $175,000.
RE/MAX of Western Canada (1998) Inc. Affordability report, issued April 22, 2008.

Condominium Market Overview

2007-11-14T10:53:00.000-08:00

Condominiums achieve unprecedented favour
among Canadian homebuyers

Double-digit sales gains reported in most major markets in 2007

After more than three decades of slow but steady growth, the condominium concept has finally clicked with Canadian homeowners. The lifestyle has proven to be a solid investment in housing markets across the country, chalking up some of the most impressive gains in residential real estate in 2007, according to the RE/MAX Condominium Report.

Their universal appeal is substantiated, with every market reporting increased momentum in condominium sales volume over 2006 levels. In fact, 80 per cent of markets surveyed reported double-digit gains in sales year-over-year, with 53 per cent reporting increases over 20 per cent. The greatest growth was experienced in Canada’s small to mid-sized markets. Leading the country, in terms of percentage increase in sales so far this year, are Kitchener-Waterloo (+59%), Regina (+57%), St. John’s (+54%), and Saskatoon (+33%).

The white picket fence, sprawling green lawn and tidy urban bungalow has become an unattainable ideal for many first-time buyers—especially in the West. By necessity, condominiums have become the only practical means to homeownership for a growing segment of the population. Today’s entry-level purchasers aspire to manageable mortgage payments, sunset city views, and the non-stop action and amenities of central core living, all packed into 600 to 800 sq. ft. The momentum of the market in recent decades has redefined the home buying process.

While price appreciation on freehold properties, in particular, was the primary factor in the upswing, the strong desire among baby boomers to lead an active, carefree lifestyle has also driven the concept to unprecedented popularity. The RE/MAX Condominium Report identified Greater Vancouver as the strongest market in the country – where close to 60 per cent of all residential sales now involve a condominium. Condominium presence is also on the rise in centres such as Toronto, Edmonton, Calgary, Regina, Ottawa, and Hamilton-Burlington, where condos now represent 20 to 30 per cent of all MLS sales.

Deteriorating affordability levels in major Canadian centres have lead to the resurrection of the condominium lifestyle in recent years. Condominiums are clearly the answer to the skyrocketing cost of land and shelter that has all but eradicated the dream of homeownership for many first-time buyers.

Condominium values were also up from coast-to-coast in 2007, with all major markets reporting an increase in average price. Thirty-three per cent of cities surveyed reported double-digit price appreciation. The most dramatic hikes were seen in Western Canada’s red-hot housing markets, led by Saskatoon (+24%), Calgary (+22%), Edmonton (+19%), Kelowna (+16 % for town homes, +12% for apartments), Vancouver (+14 % for town homes, +11% for apartments), and Victoria (+9% for town homes, +12% for apartments).

At the top end of the market, condominium ownership has been equated with lifestyle. Throughout 2007, aging baby boomers fuelled demand for luxury condominium units. Upper-end activity was reported to be on the rise in all markets examined, with the greatest appreciation occurring in Edmonton (+154 %), Greater Toronto (+98 %), Victoria (+85 %), Winnipeg (+58%), Vancouver (+49%) and Kitchener-Waterloo (+39%). The maintenance-free factor, the ability to travel and to enjoy the best the city has to offer—from restaurants to recreation—were citied in overall condominium appeal.

In years past, there seemed to be a ceiling in terms of what buyers were willing to pay for this type of product. Widespread acceptance has seen that philosophy tossed out the window. In the upper-end especially, buyers have demonstrated a willingness to set new benchmarks, and in some cases, are spending more than what a detached home might cost. Multiple offers, once unheard of, have become a reality in some centres.

New benchmarks for the most expensive apartment-style condominium units ever sold through MLS have been reported in several cities in 2007, including Vancouver ($18 million), Calgary ($3.7 million), Edmonton ($2.3 million), Winnipeg ($1.25 million), and Kitchener-Waterloo ($670,000).

Given solid demand through all price ranges, it comes as no surprise that investors have been very active in the majority of markets surveyed, hoping to snap up a piece of the pie while demand remains at peak levels. Yet, with a growing number looking for a quick return on investment, swelling inventory levels have become a serious concern in several markets, most notably in Calgary and Edmonton, and to a much lesser extent, Kelowna.

The impact of speculation, especially in Canada’s largest condominium markets, have yet to be determined, but concerns for the future are relevant. In downtown Vancouver, an estimated 50 per cent of sales activity is attributed to investors, whereas as much as 60-85 per cent of new condominiums sales in Toronto’s downtown core reportedly involved investors in 2007. This is a major factor that could influence prices in years to come.

For now, a number of market fundamentals point to increased growth in sales, prices and demand well into 2008. These include vibrant economies, Canada’s aging population, rising prices, and higher levels of immigration, to name a few.

RE/MAX of Western Canada (1998) Inc. Condominium Report issued November 14th, 2007.

2008 Growth Forecast For Major Canadian Residential Real Estate Markets

2007-10-26T12:11:00.000-07:00

Slow and steady growth forecast for residential real estate in major Canadian markets in 2008, says RE/MAX

Canadian home sales to top 500,000 in 2007

After posting extraordinary gains in 2007, housing market performance will moderate in most major Canadian centres in 2008, according to a report released today by RE/MAX.

The RE/MAX Housing Market Outlook 2008 examined residential real estate trends in 18 markets across the country. The report found that while economic prospects will continue to improve next year, few major markets are expected to exceed record sales levels set in 2007. Winnipeg, Hamilton-Burlington, Kitchener-Waterloo, London-St. Thomas, Ottawa, Sudbury, Saint John, Halifax-Dartmouth, and St. John’s are all predicted to buck the trend in 2008, with appreciation ranging from one to seven per cent. Average price is forecast to increase in 78 per cent of markets surveyed next year, with the lowest price increase expected in Edmonton and the highest in St. John’s.

Nationally, the number of homes sold is expected to break through the half-million threshold in 2007, climbing 13 per cent to an estimated 545,400 units, up from 483,770 units one year ago. Average price is projected to appreciate nine per cent to $303,000, up about $25,000 over 2006 levels. In 2008, home sales are expected to retreat to 500,000 units while Canadian housing values are forecast to continue their ascent, rising six per cent to $321,000.

Clearly, economic prosperity has translated into increased housing sales and upward pressure on prices across the board. The country’s economic engine fired on all cylinders throughout the year, despite dire conditions south of the border. As in 2007, inventory will be the major wildcard next year—the ultimate variable most expected to influence housing market conditions and performance. A return to tight market conditions could mean all bets are off as buyers are forced to compete, creating increased market pressure.

Major market frontrunners for price appreciation in 2008 include St. John’s (12 per cent), Regina and Kelowna – Central Okanagan (nine per cent), Hamilton-Burlington and Saint John (eight per cent) and Greater Vancouver (seven per cent). Leading the country in sales growth next year will be Kitchener-Waterloo (seven per cent), followed by Hamilton-Burlington, London-St. Thomas, Sudbury and Halifax-Dartmouth, each forecasting a five per cent gain.

Higher mortgage rates and increased inventory levels failed to materialize in most major centres, making 2007 a record year for real estate activity in Canada. By year-end, housing values across the country are expected to shatter existing records. Serious double-digit increases in average price are forecasted for Saskatoon (49), Edmonton (31.5), Regina (21), Calgary (20), Sudbury (20), Kelowna (19.5) Saint John (17), St. John’s (12), and Greater Vancouver (10).

Saskatchewan dominated real estate news in 2007, reporting some of the highest percentage increases in unit sales. The number of homes sold in Regina by year-end is expected to top 35 per cent, bringing sales to an estimated 4,000 units. Neighbouring Saskatoon is forecast to climb 28 per cent to 4,400 units in 2007. Other centres expected to post double-digit gains in activity include Saint John (19 per cent) Kitchener-Waterloo (13 per cent), Halifax-Dartmouth (12 per cent), St. John’s (11 per cent), and Toronto (10 per cent).

RE/MAX Outlook 2008…2

Western markets were first out of the gate in 2007, but those in the East followed suit. By year-end, some of the most impressive gains in home sales will be realized in Ontario and Atlantic Canada. Solid economic fundamentals, including billions of dollars in capital projects, a positive unemployment outlook, and solid consumer confidence levels will propel markets forward. A slow and steady growth trajectory, minus the peaks and valleys experienced in 2007, is forecast for next year.

RE/MAX of Western Canada (1998) Inc. Housing Market Outlook 2008 Report issued October 17th, 2007.

Mortgage Rates

2007-04-30T16:31:00.000-07:00

Fixed Rate or Variable?

Choosing the right mortgage can be a tough decision. Depending on your comfort level with interest rates fluctuating you may want to consider a variable rate mortgage. Historically, variable rates have had lower interest rates than fixed mortgages, but there is a little risk involved. Although your monthly payments remain the same this type of mortgage is most favorable if interest rates remain low and continue to drop. If there is a spike in rates, less of the mortgage payment is applied to the principal balance and more is applied to the interest. Thus the principal balance of your mortgage will take longer if interest rates rise drastically.

Fixed-rate mortgages offer added comfort in knowing that your payments will remain for the entire term of your mortgage. Interest rate and principle payments will be the same as the first day your signed the papers. You know exactly how much principal and interest are being paid down in any given month. This is a great option if you are looking for a mortgage that you don't need to worry about when interest rates change.

Today's Interest Rates ( courtesy of www.pgrunbaum.com )

Variable 5.15%
6 Months 6.10%
1 Year 5.65%
2 Year 5.50%
3 Year 5.40%
4 Year 5.40%
5 Year 5.24%
7 Year 5.63%
10 Year 5.79%

If you would like to see what amount of mortgage you might qualify for visit
www.NelsonLocal.com/clients/index.html and click on the mortgage calculator on the right hand side of the page.

What's New in Nelson BC?

2007-01-17T14:57:00.000-08:00

Sports

Nelson was the host community for HOCKEY DAY IN CANADA this year. Don Cherry and Ron MacLean were in the city covering highlights of the day’s events. It was a very cold day but that didn't stop thousands of adults and children from taking part in the organized activities, and celebrating the good old Canadian game of hockey. The Stanley Cup was available for viewing at the Nelson and District Community Center. The line up for viewing was long but for all the NHL fans it was worth the wait. Nelson was very busy throughout the entire weekend as people from all over came to the area to share in the excitement.

Local junior hockey team 'The Nelson Leafs' defeated the 'Sicamous Eagles' 5-3 in Nelson on Hockey Day In Canada. The arena was packed and many keen spectators watched the game standing once all the seats quickly were filled.

Powder?
Skiers and snowboards are enjoying a great season at the local mountain White Water Winter Resort. There have been some great powder days and the current base is 262 cm. If you are planning a trip to the area and would like to get a slice of our great outdoor pie be sure to visit http://www.skiwhitewater.com/ for the most up to date conditions and schedule of events.

Arts & History

Touchstones Nelson: Museum of Art and History http://www.touchstonesnelson.ca/ is a must see for locals and visitors to the area.

Current Exhibition:
Birth of the Blue-line and other stories. Celebrating Nelson's Hockey Heritage.
Running until the 25th of February.

Upcoming Exhibition:
Design Is Everywhere. A multi-media exhibition produced through the collaborative efforts of Freshly Squeezed, a group of seventeen Nelson-based, internationally-practicing designers from various fields - focuses on demystifying the world and process of ‘design’.
Running from January 20th - March 4th.

Real Estate

After a quiet end to the 2006 real estate market in Nelson, the first quarter of 2007 is off to a moderate start. No new stats for now but I will post updates as the real estate market unfolds throughout the year. Be sure to check out my latest newsletter with the year end 2006 statistics at http://nelsonlocal.com/newsletter/newsletter_issue05.html

Winter is coming!

2006-11-09T17:02:00.000-08:00

The summer has passed, fall is in full transition, and many people are getting cozy for another winter in the Kootenays. Nelson experienced snow at the end of October this year and much of November has been cold and wet. For the outdoor enthusists of the area such as myself excitment is building as the SKIING & SNOWBOARDING season are just around the corner.

Photo: White Water Ski Hill 2005

Kootenay Real Estate Update

2006-11-09T14:22:00.000-08:00

Market Statistics
As per the Kootenay Real Estate Board Statistics for October the average prices year to date on real estate in the Nelson and Nelson Rural areas are as followed:

Nelson Residential Detatched $304,018
Nelson Vacant Land $219,073
Nelson Rural Residential Detached $306,849
Nelson Rural Vacant Land $120,683

City lots in Nelson are still in demand and are selling for a premium in comparison to last years average at this time of $185,500. The gap in pricing from the city of Nelson and rural residential properties has narrowed in the past year, and affordable waterfront continues to be high demand but the reality of ownership has also narrowed as prices are reaching 1 million plus mark.

Buyer Origin (breakdown as of the end of July 2006)
43% City/Region
28% Alberta
7% BC/Lower Mainland
6% BC Interior
5% USA
5% West Kootenay
3% Other proviences
2% East Kootenay
1% International

Listings
I still have some listing inventory for anyone still considering making a move this year or purchasing an investment property in this beautiful area.

5.47 acre private property with three dwellings 15 minutes to Nelson $429,000
Heritage building in Slocan city with commercial and residential space $179,900
Mobile home park in Kaslo $350,000
Lovely family home or house to operate a B&B in Kaslo $399,000

Click the link or copy and paste it into your browser to view a full list of what is still available.

http://nelsonlocal.com/listings/index.html

There you have it. If you are considering making a purchase or sale in the area and want some expert advice on the local market, give me shout and visit www.NelsonLocal.com for more information about Nelson BC Real Estate.

Kootenay Images

2006-07-10T14:03:00.000-07:00

Here are a few shots of the beautiful area I live in. The pictures were taken here, there, and around the Kootenays. While free time is scarce during the busy summer months.....I find myself retreating from the general public in places that are quiet and inspiring when I'm not working.

Real Estate Update and New Listings

2006-07-10T11:42:00.000-07:00

The real estate market in Nelson is still very active. There is a lot of interest from purchasers from outside the area, but overall the majority of buyers are locals.

There are two new condo developements under way which are in the $250,000+ range. There are still a couple of small units available in the low $200,000 range.

There is minimal land within the city available for purchase, waterfront is scarce and sold at a premium when introduced to the market.

Check out my new listings posted on the listing section of www.NelsonLocal.com

2 bedroom, central home with established gardens, 2 minute walk to downtown Nelson, full unfinished basement $239,900
4800+ sqft Commercial / Residential building 1/2 way to Nelson and Castlegar, no zoning, large fenced compound area, loading bay, and great traffic exposure $449,000
Heritage commercial / residential building in Slocan City, 3 bdrms with hardwood and over 3200+sqft of revenue potential $189,000

www.NelsonLocal.com is Getting Press

2006-05-12T16:41:00.000-07:00

Yara Findlay and www.NelsonLocal.com are featured in the May/June issue of Kootenay Business Magazine on page 30 in the Business Beat section. This publication distributes over 9000 copies throughout the East and West Kootenays.

Re/max of Western Canada featured Yara in 'News Across The Region' in the Spring 2006 issue of Insight which is distributed across Canada.

On December 16th, 2005 the Nelson Daily News did a full page spread in the Community section of the local paper highlighting Yara's unique real estate story.

Real Estate Website Award

2006-04-11T14:17:00.000-07:00

Nelson, BC, Canada - My website www.NelsonLocal.com won an award for one of the best BC Real Estate websites. The BC-Realty .com Real Estate Site Award is given in recognition of a site's contribution to the British Columbia real estate industry. It is rewarded to sites that display both creativity and a commitment to their user/client. The award is based on site design, ease of navigation, and most importantly content and relevance.

The website features real estate listing from Nelson, BC along with resources for buyers and sellers.

Grow a Garden in the Shade

2006-04-11T13:35:00.000-07:00

Landscaping can bring great personal enjoyment while adding curb appeal to your home. If you have shady areas that need some ‘life’ to them, it’s time to get planting. Lack of sunshine due to the coverage of large trees and minimal southern exposure need not hinder your inspiration for creation.

The soil around large trees will typically be harder and less fertile than other areas. Mixing top soil with compost and organic fertilizers is a great way to get your garden area established. Don’t forget that frequent watering will be essential for the growth of new plants in shaded areas.

Establish multiple raised garden beds to create depth in your garden space. Top soil should not be deeper than about 3 inches for the best growth results. Birch bark, pine cones, rock, and cedar chips are all great accents to incorporate into your landscape design.
Some plants that due well in the shade include:

Rhododendrons – flower in the early spring
Hydrangeas – flower in late summer
Hostas – a staple for every garden
Ferns – add fullness
Cowslip – bloom in the spring
Witch Hazel – small flowers bloom in late fall
Columbine – nice in a rock garden

Design Tip

2006-04-11T13:32:00.000-07:00

DESIGN TIP: Choosing a Design Theme

There are many ways to use different styles and periods in your design schemes. If you have period furniture you can use the colors of that era in your decoration to enhance the furniture and create your style.

If you have 20th century contemporary furniture you can use it as the decoration and keep the interior simple therefore focusing on your designer pieces of furniture.

You can combine different periods, this is called eclectic. It is important to keep the background simple so that your collections of design are the focus of the space.
Source: www.interiordezine.com