Category: Consumer Resource

Is it time to trade-up? 现在是房屋买卖的最佳时机吗?

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现在是房屋买卖的最佳时机吗?

处于房地产市场快速变化的时代,许多房屋卖家和买家都不太了解市场最新最完整的信息。例如,房子实际能卖多少钱,以及在不断变化的市场中可以花多少钱能购买预期的房子。
 

如果你有一间两房公寓在北高贵林地区(如Burquitlam),是有30年屋龄的水泥大楼单位,现在就是一个最好的“换房”时机。通过分析目前市场最新数据,你的公寓单位目前价值为$50万至$54万之间。而目前屋龄为10至20年之间的公寓价格为$52万至$58万之间。你最终只需投资多一点的资金就能提高生活质量(需要注意结算成本、房地产经纪费用和物业信息)。

 

上述情况主要取决于与你的房子相似的物业的销售价格。在温哥华,预计价格会出现下降趋势。这意味着,与六个月前相比,一旦你的邻居以更低的价格出售,您的房价可能会更低。

 

 

Is it time to trade-up ?


In the time where real estate market changes rapidly, there are inefficiencies in the sense that end consumers (home sellers and purchasers) are not up to date with the market information.  For example, how much they home can actually sell for and how much the prospective properties can be bought for with the changing market.

 

In the event you are a property owner of a 30 years old solid concrete two bedroom condo in Burquitlam area, espeially in the North Coquitlam sub-area.  It is a good time to be trading up to a newer condo, 10-20 years old 2 bedroom condos in nearby areas.

Let us help you do the math.

 

The Economics

Selling- Your home may be currently valued at $500,000 - $540,000.  

Buying- The prospective property is around $520,000 - $580,000.

You may end up investing slightly more capital to trade up.  Be mindful of closing costs, realtor fees, and property information.  Keep your realtor close and ask them to work with you navigate through the process.


The Market Trend

The values above will be largely predicated on the sale prices of comparable properties to your property. In Vancouver 2019, a downward trend in pricing is expected.  That means your home price is likely to be lower once your neighbours sell for newer but lower price, compared to six month ago.  Sellers have better negotiating position now, and therefore end up in better purchasing power than later in the year.