How Multiple Offers Work in BC | A Buyer’s Guide

BC home buyers preparing for a multiple-offer situation

How a Multiple-Offer Situation Actually Unfolds A BC multiple-offer situation is a blind auction. You submit one sealed offer, you don’t see anyone else’s price, and the seller picks. There’s no bidding round, no chance to counter the other buyer, and no obligation on the seller to tell you where you landed. The sequence: Property […]

North Vancouver Short-Term Rental Rules | Owner Guide

North Vancouver short-term rental rules for property owners

Can You Airbnb a Property on the North Shore? Only if you live there. That’s the whole answer, and it’s the one that catches investors out. Across BC including both the City and the District of North Vancouver short-term rentals of under 90 days are restricted to your principal residence, plus at most one secondary […]

Why Your BC Assessment Doesn’t Match Your Home Value

BC Assessment compared with a home's market value

The Two Numbers Measure Different Things Your BC Assessment is not what your home is worth today. It’s an estimate of what it was worth on July 1 of the previous year, produced by a mass-appraisal computer model that has never been inside your house. Market value is what a real buyer will actually pay […]

Speculation and Vacancy Tax in North Vancouver Explained

Speculation and vacancy tax in North Vancouver

Do You Owe It? Probably not but you absolutely still have to declare. If you own residential property in North Vancouver, West Vancouver or anywhere else on the North Shore, and you live in it as your principal residence or rent it out long term, you’re exempt. But the exemption is not automatic. You claim […]

North Vancouver vs Coquitlam | Where Should You Buy

Comparing homes in North Vancouver and Coquitlam

Who Should Buy Where If your budget is tight and space matters more than location, Coquitlam wins. You’ll get more square footage, a newer home and a lower entry price, especially on townhomes and detached. If you work downtown, want the ocean-and-mountains lifestyle, and can stretch to the higher price, North Vancouver wins. The commute […]

North Vancouver School Catchments & Home Prices

North Vancouver school catchments and home prices

Do Catchments Really Move Prices in North Vancouver? Yes, but less than most buyers assume, and not evenly. The best evidence we have on this comes out of UBC, where researchers tracked what happened to home values when Vancouver school boundaries were redrawn. Homes that got a big upgrade in secondary school quality rose roughly […]