September 15/19 – Team Morse Newsletter

 

teammorse.ca
September Issue

Mike Morse

Hi Everyone,

School is back in full swing, and the Realtors in Prince Rupert have been busy.  It will be interesting to see what the September stats bring next month.

With every positive announcement, there appears to be more confidence in Prince Rupert.  Last week, we heard that the Port was receiving $153.7 M for three infrastructure projects:

Port of Prince Rupert receives $153.7 M investment for three infrastructure projects

The Port stated that activity is expected to grow to over 50 million tonnes of trade annually within the next decade.

Here’s more Port news:

Prince Rupert Port Authority appoints new chair of the board

We also received welcome news about our water:

City of Prince Rupert announces $22M for water treatment project

There has been disappointment that the Alaska ferry will be pulling out of Prince Rupert.  However, there now appears to be hope:

This is not the end of Alaska ferry in Prince Rupert: Cullen and Brain

Hockey fans in Prince Rupert were happy to hear that Rogers Hometown Hockey will be making a stop here.

Rogers Hometown Hockey coming to Prince Rupert

If you would like more information about market conditions, or have any other Prince Rupert or real estate related questions, don’t hesitate to contact us.

Mike & Nikki Morse, REALTORS®

Mike Cell: 250.600.6620
Nikki Cell: 250.600.4650

RE/MAX Coast Mountains

info@teammorse.ca

Articles

WHAT’S OUR MARKET DOING?

August 2019 Prince Rupert (& Area) Real Estate

To date, July has been the only month in 2019 that has more sales than last year. The month of August was decent, though, and the average sale price of a house is still up from last year.

SALES (all types):

# of sales in August 2018 – 19
# of sales in August 2019 – 16

YEAR-TO-DATE SALES (all types)

As of August 31, 2018 – 150
As of August 31, 2019 – 130

TYPES OF PROPERTIES SOLD IN AUGUST 2019:

1 – land
1 – office space
1 – half-duplex
13 – houses

NUMBER OF ACTIVE LISTINGS (all types):

As of August 31, 2018 – 202
As of August 31, 2019 – 167

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

As of August 31, 2018 – $ 298,083
As of August 31, 2019 – $ 305,698

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

As of August 31, 2018 – $ 40,397,450
As of August 31, 2019 – $ 36,508,640

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 August 31, 2019.


Prep Your Home for Fall and Winter with These Home Maintenance Tips

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With kids going back to school, the weather getting cooler and the days getting shorter, September can often be a hectic month. As we start to move into colder days, it is important to make sure that your home is prepared for the coming seasons—no one wants to have to do repairs in the rain! These September home maintenance tips can help you make sure that your home is in the best shape possible for fall and winter.

Repair Any Cracks in Your Concrete

Cracks in your driveway or walkways can become huge issues after a cold winter! When water freezes in these cracks, it can expand and further damage your concrete leaving you with one seriously bumpy driveway. While small cracks can be repaired with supplies from your local hardware store, larger cracks may require the help of a professional.

Clear Debris from Your Gutters

The falling leaves of fall can quickly clog the gutters of your home. Clogged gutters can cause a host of issues including damaging the gutter itself and causing potential leaks in your home. By cleaning out your home’s gutters now, you can decrease your chances of having an unexpected leak in the future.

Inspect Your Roof for Wear and Tear

September is your last chance to give your roof a quick inspection to make sure it is ready for the colder, wetter months ahead. Keep an eye out for any missing shingles or cracks you can find. While it might be too late in the year for a new roofing project, temporary fixes such as roof sealant or replacing shingles can limit the chances of potential leaks during rainy days.

Local Events

7TH Annual Chamber Fall Gala and Auction Fundraiser
North Coast Hall (Formally North Coast Convention Centre)
Sunday, 20 Oct 2019

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage. All information was current on Sep 21, 2019.

 

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