May 15/18 – Mike & Nikki’s Newsletter

 

mikemorse.ca
May 2018 Issue

Mike Morse

Hi Everyone,

Here we are in May, and although we’ve had to start mowing our lawns again, we’ll take the spring weather.

In Prince Rupert real estate, we’ve had many new listings enter the market lately, which is typical of the spring market, but the sales aren’t happening nearly as fast. There are always ebbs and flows in the market, so we’ll be patient.  You can view the stats further down in this newsletter.

On April 25, Mayor Lee Brain presented Hays 2.0 Blueprint, which outlined a plan for Prince Rupert’s future.  From what we hear, it was very well received.  If you would like to view the presentation in its entirety, here is the link to YouTube:

To give you an idea of the Prince Rupert news in the past month, here’s our compiled list of articles for you to check out if you wish:

Prince Rupert restores industry-leading velocity at Fairview Container Terminal

Prince Rupert Cruise Season Sees Adjustments

CN Rail investing in regional improvements

Prince Rupert added to major shipping alliance trade route

Modular housing coming to Prince Rupert in 2018, announces MLA Jennifer Rice

AltaGas secures majority of supply for new B.C. propane export terminal

If you would like more information about market conditions, or if you have any other real estate related questions, we would be happy to help.

Thank you.

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?

APRIL 2018

Prince Rupert (& Area) Real Estate

Our average sale price is up $41,134 from the end of April 2017. Last year, there were 173 active listings and this year there were significantly more at 196. So, it doesn’t make much sense! We are also down 6 sales from last year. It’s an interesting time, what will next month bring?

SALES (all types):
# of sales in Apr 2017 – 12
# of sales in Apr 2018 – 16

YEAR-TO-DATE SALES (all types)
As of Apr 30, 2017 – 70
As of Apr 30, 2018 – 64

TYPES OF PROPERTIES SOLD IN APRIL 2018:
2 – Land
2 – Half-duplex
12 – Houses

NUMBER OF ACTIVE LISTINGS (all types):
As of Apr 30, 2017 – 173
As of Apr 30, 2018 – 196

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of Apr 30, 2017 – $ 274,434
As of Apr 30, 2018 – $ 315,568

TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)
As of Apr 30, 2017 – $ 18,255,200
As of Apr 30, 2018 – $ 17,844,900

The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2017 through April 30, 2018.

5 Pro Painting Hacks

Painting seems simple — just slap it on, right? — but there a many things to think about for a truly professional look. Next time you paint, consider these tips for a finish you can be proud of.

Prevent splatter with plastic wrap

While you will want to remove as much furniture as possible when painting, there will often be some awkward objects remaining — particularly bathroom fixtures. Use plastic wrap to cover these and paint without the fear of spoiling them with errant drips or splatter.

Stop the smell of paint from becoming overpowering

If you add a couple of drops of vanilla extract to a can of paint, you can avoid the overpowering smell of paint and enjoy a sweet fragrance instead.

Use Q-tips to fix small mistakes

When painting it is important to fix any drips or mistakes quickly, before the paint dries. Keep Q-tips to hand so that you can act fast and accurately.

Remove painter’s tape the easy way

There’s nothing worse than your carefully marked-out tape peeling away paint with it. Avoid that by using a hairdryer on low heat. Point it at the tape from about about 7 cm away to soften the tape’s adhesive. This will make pulling it off easy and neat.

Keep your brushes soft

When you are finished painting (whether for the day or longer), soak your brushes in fabric softener. This stops them from becoming dry and stiff. Keeping brushes soft makes painting easier and the results better. To do this:

    1. Rinse the brushes with water only.
    2. Mix half a cup of fabric softener into 3.75 litres of warm water.
    3. Swirl the brushes in the mixture for around 10 seconds each.
    4. Lay them flat overnight to dry.

Local Events

6th Annual Salmon Fest
Jim Ciccone Civic Centre
Saturday, 26 May 2018
Relay For Life 2018
Prince Rupert Middle School
Saturday, May 26th from 10am to 10pm