March 15/19 – Team Morse Newsletter

 

mikemorse.ca
March 2019 Issue

Mike Morse

Hi Everyone,

In Prince Rupert real estate, the first two months of 2019 weren’t as active as last year, as shown in the “What’s The Market Doing?” section below. Perhaps people were enjoying the weather too much; we had a beautiful stretch of sunny days that recently ended:

Rupert received less than a quarter of average rainfall last month

On February 25th, we received good news from the City. For the first time in decades, the City of Prince Rupert is offering a tax cut to its residents:

City proposes 2 per cent tax cut

Here’s some more decent news that has flowed in since our last newsletter:

B.C.’s first propane export terminal ready this spring

Prince Rupert quietly becomes a trade powerhouse

Prince Rupert School District receives $1.5 million from province

Ridley Terminals donates $1 million to community projects

Province announces $100-million grant funding for Northwest communities

CityWest announces fibre-to-the-home expansion plans

All in all, there continues to be positive progress in Prince Rupert. Progress is never easy, though. A report released on February 25th by the T.Buck Suzuki Environmental Foundation raises concerns about the increase of anchor-dragging by ships at the Port of Prince Rupert:

Anchor drag incidents in Prince Rupert, B.C., harbour alarm environmental group

Last week, the doors were opened at Crow’s Nest Lodge on Park Avenue. This complex has around-the-clock staffing and is for people experiencing homelessness.

Crow’s Nest Lodge supportive housing officially opens with conference and tour

Last but not least, congratulations to the Rainmakers for winning the “AA” Basketball Provincials! It’s been 18 years since the team took the title at provincials. Prince Rupert won the AAA championship in 1964, and the AA in 1998 and 2001.

Rainmakers win 2A championship at provincials

If you would like more information about anything mentioned in this newsletter, or if you have any real estate related questions, please contact one of us. We would be happy to meet with you to see how we can help you out.

Mike & Nikki Morse, REALTORS®

Mike Cell: 250.600.6620
Nikki Cell: 250.600.4650

RE/MAX Coast Mountains

Mikemorse.ca

WHAT’S OUR MARKET DOING? FEBRUARY 2019

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Prince Rupert (& Area) Real Estate

Our numbers are lower than last year, but it’s only been two months. Notably, there were 46 less listings at the end of February than there was last year. Compared to the first two months of 2018, our average house price is up significantly. We’ll see what happens as we near the spring market.

SALES (all types):

# of sales in February 2018 – 10

# of sales in February 2019 – 13

YEAR-TO-DATE SALES (all types)

As of February 28, 2018 – 26

As of February 28, 2019 – 18

TYPES OF PROPERTIES SOLD IN FEBRUARY 2019:

1 – land

1- apartment unit

1 – half duplex

1 – townhouse

8 – houses

1- retail

NUMBER OF ACTIVE LISTINGS (all types):

As of February 28, 2018 – 197

As of February 28, 2019 – 151

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)

As of February 28, 2018 – $ 276,305

As of February 28, 2019 – $ 332,218

TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)

As of February 28, 2018 – $ 6,607,400

As of February 28, 2019 – $ 4,989,749

The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2018 through February 28, 2019.

Jumpstart Your Spring Cleaning: 3 Commonly Cluttered Spots to Start

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Spring is almost here and with it, spring cleaning! This season marks a fantastic opportunity to clear the clutter from your home and get a fresh start on the rest of the year. Take this chance to get a jumpstart on your spring cleaning so that when those warmer temperatures and longer days come, you will have more time to enjoy them! These three commonly cluttered spots are a great place to get started on your spring cleaning.

Make Your Entryway Guest-Ready

Between shoes, newspapers, jackets, and more, it is easy to unintentionally turn your entryway into an obstacle course. Try to pare back the items in your entryway so that only the frequently used essentials remain. For those with impressive shoe collections that tend to find themselves scattered around your front door, a shoe rack is definitely worth the investment. For another easy decluttering win, be sure to move off-season jackets and clothing items into a closet for later use.

Purge Your Closets

Purging your closets can be one of the most challenging parts of spring cleaning. Years of clothing items being tucked away out of sight and out of mind can add up! A great way to start is by taking all of the clothes out of your closet and going through each item one by one. If you find any items that haven’t been used in years, it is probably safe to donate them to someone who will. Another great tip is to give your closet a good deep clean after it has been emptied!

Clear Out the Garage

If your garage is beginning to look like an episode of Hoarders, now is the perfect time to change that! Use this opportunity to take a deep dive into your garage’s clutter and find any unneeded items to clear from your garage. Protip: gloves are always recommended when sorting through a garage’s clutter in case of any sharp objects (or spiders!).

Here’s hoping everyone has a wonderful spring!

Local Events

Grad 2019 Loonie Auction
Jim Ciccone Civic Centre Auditorium
April 6th from 5:30pm to 11pm
Tickets are available at Cook’s Jewellers

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.

 

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