6 Tips For Buying A House In The Kootenays

6 Tips For Buying A House In The Kootenays

Thinking of buying a house in the Kootenays? Here are a few helpful hints as you begin your search for your Koots dream home!

Among the many lessons learned during the pandemic, one of the most potent would have to be that where you live is vitally important. It’s why we’ve seen such an exodus to the Kootenays from the city.

With teleworking going mainstream, the Kootenays have become even more appealing, where remote workers can enjoy the very best in lifestyle, recreation, and low-stress living. And, no question, the renewed interest in our region has made our real estate market just a little crazy!

That said, if you are considering buying a house in the Kootenays, here are a few insights to help you make more informed decisions as you take the leap:

1. When you’re buying a house in the Kootenays, look for a local realtor who knows the area

We can’t overstate how important it is that you choose a realtor who is local to the area. When you are buying a house in the Kootenays, a local agent will know all the ins and outs of the neighbourhood and community. Their experience living and working in the region will provide a much more accurate guide to the area. And the home that will best suit your family and lifestyle. As a part of the community, your realtor can provide valuable insight into shopping, schools, recreation, and more.

And, as a buyer, you don’t pay for the services of a realtor. So, it’s a no-brainer that you should utilize the services of the most knowledgeable agent possible. Keep in mind that you may not want to call the listing agent – they work for the seller. You want to work with a realtor who will serve you as a buyer, separate from the selling process.

2. Become familiar with the local real estate market

There are a variety of factors that affect any real estate market. Keep in mind that all markets are local and reflect their own unique trends. One neighbourhood may exhibit something very different from another, even in the same city or region.

You need to understand the market you’re interested in so that you don’t overpay for the home you want.

 3. Ask your realtor to explain transaction brokerage

Building on the point above, BC real estate agents can provide both customer and client services – seller and buyer.  When an agent works for only one client in a home purchase – the seller or the buyer – they need to fulfil certain legal obligations:

  • Undivided loyalty to their client
  • Act on behalf of the interests of their client at all times
  • Must avoid conflict of interests
  • Disclose any conflict of interests as they appear

When an agent works with both buyer and seller, an agent can’t fulfil the legal responsibilities. In a transaction brokerage, the conflict of interest is inherent. They can’t provide for the best interests of either you or the seller. As the buyer, you hope to pay as little as possible. The seller, on the other hand, wants as much as possible in the sale of their home. It’s impossible for an agent to advocate for the buyer and represent the seller’s interests in one transaction.

Enter the transaction brokerage – when the real estate agent provides facilitation services to both parties. They include:

  • Helping to negotiate an agreement between the buyer and seller
  • Providing both the buyer and seller with all property information and statistics, including comparative sales information from listing services and databases
  • Prepare and provide agreements of purchase and sale, and other relevant documents according to the instructions of the buyer and seller

A transaction brokerage means the agent treats both buyer and seller in a fair, objective, and impartial way. They maintain neutrality and advocate for neither you, the buyer, nor the seller. Additionally, they cannot provide confidential advice to either party. <

If an agent pursues a transaction brokerage, they must get informed consent from both the buyer and seller – signing an Agreement to Represent both Buyer and Seller.

4. Make use of technology

This probably goes without saying, as chances are you’ve been perusing listings in your desired location on the internet already.

But, as with most other sectors, technology has transformed the real estate industry. And certainly, during the pandemic, it’s proved revolutionary when it comes to remote buying and the purchase of homes sight unseen – previously mostly unheard of!

Finding properties online helps effectively narrow the search and, let’s face it, is fun to do! It’s also easier than ever. In the comfort of your own living room, you can explore homes through beautiful photographs and video tours and get the ball rolling with electronic signatures.

Most real estate agencies will make your online experience as thorough and detailed as possible, leveraging all of the digital technologies to make it as easy as possible to find the home of your dreams.

BUT… the online experience doesn’t give you the full experience of a home. We recommend you find your options online and then schedule a visit. Only when touring a home in person can you get the full impression – the warmth and character, smells, the proper perspective on the size of space.

5. Do you want to buy new or pre-owned?

Before you begin your home search, identify if a new build is better for you, or if you would prefer something pre-owned and established in the neighbourhood. Or, perhaps you want to purchase bare land and build your dream home. Which will better suit your lifestyle and needs?

Familiarize yourself with the market and potential costs associated with a fixer-upper or building new. Throughout the pandemic, building supplies spiked in price – as much as 20%! – making it far less practical for many in the market for a new home.

An older home is likely to require work. How much time do you have to dedicate to home improvements or to wait for a contractor to complete the job?

6. Buying a house in the Kootenays – find the pros you need!

In addition to your realtor, when you are buying a house in the Kootenays, there are other professionals you will likely need to rely on in the purchase of your home. Here’s a list:

Home inspector
A home inspector tops the list. They will evaluate the condition of the home and identify issues big and small before you buy. A home inspector can also find any issues of safety or things that might cause future problems. In the case of a remote purchase, a home inspection is vital.

Contractor:
Knowing a good contractor is important, particularly when you want to purchase a pre-owned or older home. Our clients look to contractors to look over their home of interest to help identify possible problems or to estimate costs of fixes or renovations, so they can include the costs in their financing.

Appraiser:
A property appraiser is trained to assess the true value of a home. Before you get a mortgage, you will need to employ the services of an appraiser to provide the bank with the confirmed sales price.

This is often arranged through your lender and you don’t need to be onsite.

Lawyer:
You can’t close on your home without enlisting the services of a real estate attorney. They will review all documents and advise on any issues or omissions in the paperwork. In today’s market, a lawyer needs experience with software such as DocuSign and Authentisign, required to close the deal, particularly when it’s from a distance.

See a listing you like? We would love to help you find your new home in the Kootenays! Talk to one of our agents TODAY!

How to Accessorize our Front Entryway

How to Accessorize Your Front Entryway

Your front entryway is one of the first things guests see when they step inside your home, so make sure it is making a good first impression.

 

Your front entryway is one of the first things guests see when they step inside your home, so make sure it is making a good first impression. Whether you have a grand area or small nook, let your entryway make a warm and welcoming impact with these accessorizing tips.

1. ​Incorporate Storage Solutions

Your entryway is the drop-zone for coats, backpacks, purses, keys and more so make sure you have a designated spot to store these everyday items. Include a cubby console or built-in cabinets so you can stay organized and hide the clutter. If you are working with a smaller space, use the vertical area by hanging hooks or floating selves. Be sure to include baskets and bowls for your smaller items so you are never running around looking for your lost keys again.

2. ​Dress Up the Walls

Walls are often forgotten when it comes to accessorizing, but they are a great way to showcase your personal style while adding dimension to any room. Make your walls pop with a bright paint colour or bold wallpaper. If you are looking for something less permanent, try adding an eye-catching mirror or your favourite artwork. Can’t decide what looks best? Include it all! Entryways can be the perfect area to place collages. Check this guide to design the perfect wall collage of picture frames.

3. ​Add a Place to Sit

No matter how big or small your space is, including a place to sit is a must for entryways. Having a comfortable place to lounge while waiting or when putting on shoes will make a great impression on any visitor. Add a small stool for tight spaces or try one of these DIY entryway benches with additional storage to help your entryway stay tidy and organized.

4. ​Roll Out the Welcome Carpet

Don’t forget about the floor when accessorizing your entryway. A rug will add a pop of colour to any area, and they come in all shapes and sizes to fit your space perfectly. Plus, they will help keep dirt and debris from spreading throughout your home.

5. ​Decorate with Your Style

Décor pieces can easily be added to any sized entryway to welcome visitors and showcase your style. Vases, candles, and accent objects can be used alone or combined to make your entryway pop. Plus, fashionable lamps, clocks, table mirrors, and bowls can add to your design while serving a utilitarian function to make leaving your home quick and easy. Plants are also a great décor addition that help clean the air and reduce stress as well. Your carefully selected décor pieces will display your personality while making a great first impression on your guests and welcoming you home every day.

Image Credits: Image 1Image 2, Image 3, Image 4, Image 5

Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2021 Century 21 Canada Limited Partnership

 

Welcome Lisa Nicole to the team!

HERE WE GROW AGAIN!! It’s official folks…..our very own Lisa Nicole has become a licensed REALTOR ® with Century 21 Kootenay Homes.
Lisa has been our in-house social media expert for the last few years and her decision to become an agent was a no-brainer.
Please help us in welcoming  Lisa  to our sales team.

Contact Lisa at: 

C: 778-554-9289
E:  lisa.nicole@c21.ca
W: lisanicolerealestate.com
IG: @lisanicolerealestate

Alzheimers Society $25,000 Goal of Raised!

A big thanks to everyone who came out to the Forget Me Not Golf Tournament 2021 to raise money for Alzheimers Society of BC ! It was a great day to be on the golf course for a good cause 💙

The numbers are in! We raised $7,500 at the Forget Me Not Golf Tournament and our $25,000 goal has been met and exceeded! To date we have raised $26,621 for Alzheimer Society of B.C. ! Thanks to everyone who came out to support these events and all our sponsors who make it happen!

Welcome Cristina Baldini to the team!

Cristina brings a professional and personal approach to every client she works with! Growing up in a family business taught her at a young age that setting goals and not being afraid of a little hard work can really pay off in the end. Working with Cristina as either a Buyer, Seller or Developer, you will find that she will work diligently and quickly to help you identify and achieve your goals and dreams!

With a strong background in Hotel Business Management as well as Long Term Property Management on both Vancouver Island and in the West Kootenay Region since 2008, Cristina brings a wealth of knowledge to the table for those looking for investment properties as well as that ultimate Work Play Lifestyle offered here in the West Kootenays!

Cristina is incredibly passionate about community & supporting small businesses and local organizations. You might have even caught one of the local events that she produces from time to time to help support West Kootenay Artists and Non-Profit Associations. Follow her Social Media channels to find out more!

Outside of work you will find Cristina out in the community getting to know what’s new with local business owners or in her kitchen that overlooks the beautiful mountain tops of Rossland, BC. She has an incredible love of creative cooking and is an inspiring wine enthusiast. You will find her working off those delicious plant based meals on the slopes of Red Mountain Resort and on the trails walking her little dog Stella.

Book in a call with Cristina today to find how she can help you achieve your goals and dreams!  Click here to book.

Contact Cristina:

C: 250-921-5800
O: 250-368-8818
E: cristina.baldini@c21.ca
W: homesweethomebc.com

𝐂𝐚𝐧 𝐚 𝐑𝐄𝐀𝐋𝐓𝐎𝐑® 𝐬𝐡𝐨𝐰 𝐲𝐨𝐮 𝐚𝐧𝐲 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐞𝐯𝐞𝐧 𝐢𝐭’𝐬 𝐧𝐨𝐭 𝐭𝐡𝐞𝐢𝐫 𝐥𝐢𝐬𝐭𝐢𝐧𝐠?

𝐂𝐚𝐧 𝐚 𝐑𝐄𝐀𝐋𝐓𝐎𝐑® 𝐬𝐡𝐨𝐰 𝐲𝐨𝐮 𝐚𝐧𝐲 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐞𝐯𝐞𝐧 𝐢𝐭’𝐬 𝐧𝐨𝐭 𝐭𝐡𝐞𝐢𝐫 𝐥𝐢𝐬𝐭𝐢𝐧𝐠?

The answer is YES! We did a poll last week and 21% of you did not know that.

Here’s the deal.

You’re browsing real estate listings either online or you spot a house on the street you’d love to see in person.

𝐒𝐡𝐨𝐮𝐥𝐝 𝐲𝐨𝐮 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐭𝐡𝐞 𝐥𝐢𝐬𝐭𝐢𝐧𝐠 𝐚𝐠𝐞𝐧𝐭 𝐝𝐢𝐫𝐞𝐜𝐭𝐥𝐲 𝐟𝐨𝐫 𝐚 𝐡𝐨𝐦𝐞 𝐬𝐡𝐨𝐰𝐢𝐧𝐠?

After all, most real estate listings mention a listing agent, along with an invitation to contact the agent if you’re interested in the property.

If you’re already working with an agent, if an agent has already showed you homes and you’ve both invested time with each other – your first move should be to contact this pro—after all, she/he is representing you.

𝐁𝐮𝐭 𝐢𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞𝐧’𝐭 𝐲𝐞𝐭 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐞𝐝 𝐰𝐢𝐭𝐡 𝐚 𝐛𝐮𝐲𝐞𝐫’𝐬 𝐚𝐠𝐞𝐧𝐭, 𝐰𝐡𝐚𝐭 𝐭𝐡𝐞𝐧?

Go ahead, contact the person on the sign. They can’t sell you their listing but they can show it without any paperwork involved! And they will probably refer you to another realtor in their office.

𝗪𝐡𝐞𝐧 𝐝𝐨 𝐛𝐮𝐲𝐞𝐫𝐬 𝐧𝐞𝐞𝐝 𝐭𝐡𝐞𝐢𝐫 𝐨𝐰𝐧 𝐚𝐠𝐞𝐧𝐭?

⁣⁣⁣As a buyer, the option to be represented by an agent is yours. However, if you are actively looking for a home, consider getting a buyer’s agent. The listing agent represents the best interest of the seller and the buyers agent represents the best interests of the buyer.

𝗪𝐡𝐲 𝐡𝐢𝐫𝐞 𝐚 𝐛𝐮𝐲𝐞𝐫𝐬 𝐚𝐠𝐞𝐧𝐭?

They will help you sort through a high level of inventory.

They will help you determine an offer strategy.

They are a local expert. They will help you navigate through comparable properties & location pros & cons in the area.

They will negotiate for you! Negotiation is a skill your agent will have perfected and is one that will help you get the best deal, and possibly beat out other potential buyers in a multiple offer situation.

They are representing ONLY your best interests!

It’s FREE!

𝗪𝐡𝐲 𝐡𝐢𝐫𝐞 𝐚 𝐂𝐞𝐧𝐭𝐮𝐫𝐲 𝟐𝟏 𝐊𝐨𝐨𝐭𝐞𝐧𝐚𝐲 𝐇𝐨𝐦𝐞𝐬 𝐑𝐄𝐀𝐋𝐓𝐎𝐑®?

⁣⁣⁣We will ensure you are taken care of during this huge step of your life – buying a home. When you hire C21 – you don’t just get one REALTOR® – you get the whole team.

Contact us at: 

c21trail@kootenayhomes.com

Tel: 250-368-8818

The Buyer’s Road Map

If you’re about to embark on a journey to buy a home here are some tips and information to get you started!

HAPPY HOLIDAYS FROM OUR FAMILY TO YOURS!

Happy Holidays everyone! We hope you took some special time to spend with your immediate family this year. We’re so grateful for our clients, staff, realtors, family & friends.

A New Year is just around the corner. It was a trying year, but there is always something to be thankful and grateful for. There’s something to look forward to in the new year. Throughout 2020, amazing advances have given hope that rose in science, technology, digital health, leadership and in basic human care and kindness.  So let’s be hopeful for the new year, for new opportunities, for good health, happiness and maybe even a new home in your future!

 

Canadian Prices Per Square Foot

It’s interesting to see the prices per square foot here in Canada! From $116 in Saint Johns, NL to sky rocket prices in Vancouver at $1192/SQ.FT!

Gingerbread Charity Giveaway

Over the last weekend Ferraro Foods hosted the Stuff The Bus campaign partnering with BC Transit. They literally had a Trail city bus parked outside of Ferraro’s and you could bring down toys, food, and donate cash to “stuff the bus”. All the proceeds went to The Salvation Army.

Local Country artist, Lisa Nicole and her mom, Shannon Kienas, built a Gingerbread VILLAGE, not a house, a village! And we were happy to sponsor this portion of the event as the Gingerbread Giveaway. 1st prize won the Gingerbread Village and $200 to Ferraro Foods, while 2nd prize won a smaller Gingerbread house and $100 to Ferraro Foods.

What a wonderful community we live in, making the holidays a little brighter for others. Happy Holidays everyone!