December sees an excess of inventory along BC’s Sunshine Coast which in turn means lower prices. If you’re wanting to sell, consider waiting until the second quarter of 2019 before listing your home. The spring real estate market is traditionally the busiest time of year and waiting could mean more money in your pocket.
Demand for real estate typically wanes over the winter months and 2018 has been no exception. Higher interest rates and stricter mortgage qualification rules have moved us even further into a buyers’ market.
Spring widely is considered the best time to sell. Buyer demand that was pent up over the winter months is finally unleashed. This translates into more interest and more money for those selling their homes.
If you are going to list in spring, use this time to prepare your home for sale. You only get the one chance to make a first impression on potential buyers.
A lot of people are now considering buying (or have already bought) an electric vehicle.
An electric car charger installation in your home can increase its appeal when selling as it will be needed sometime in the future.
But what is the cost? Jaye Thomas of Thomas Heating and Electric in Gibsons www.thomasheating.ca explains: “The two most common types of residential electric vehicle charging stations on the market are Level 1 and Level 2 charging stations. (Level 3 exists, but is not typically used in personal homes at this point.) Level 1 charging typically comes with your vehicle and is less powerful than a Level 2 charging station, which is purchased separately.
“Level 2 (or Class 2) chargers require 240 Volts and are usually rated at 30 amps but can range as low as 16 amps to 40 amps. The Class 2 charger should drop charging times to less than half of a regular household 15A 120V charger that would plug into a regular wall outlet.
“The approximate cost to set up a Class 2 charger will vary depending on the location of your electrical panel and your garage, or carport. The charger will require a dedicated circuit be run from the panel to the desired location. If your panel is in the garage this will be much less expensive to install. The average cost could be as little as $400.00 and as high as $800.00 and also requires an electrical permit and inspection from Technical Safety BC.”
There are numerous Class 2 car chargers on the market and they range from $500 –$900.00 themselves.
After getting this info from Jaye, I contacted the car dealers on the Coast and asked what model of cars are available for purchase and what deals are happening this holiday season.
Louis Hornung, sales manager at South Coast Ford in Sechelt responded: “We have had full electric, plug-in hybrid, and hybrid vehicles for over a decade, and I am pleased to finally see acceptance from the public for the future of automobile power, and our environment.”
“Ford improved the 2018 Focus Electric tremendously and, as dealer, we embraced the future by becoming Electric Certified one a year ago, so that nothing would stop us from being able to provide residents of the Sunshine Coast with the right choice for the future. This is consistent with Ford’s announcement of investing $4.6 Billion by 2020 into electrification. That will make the 2021 model year a very exciting one!”
From the links Louis provided, the 2018 Focus Electric is available for Sunshine Coast residents to purchase (starting at $34,998.00). Visit www.southcoastford.com for more info.
Tony Browton’s blog can be found at http://www.truebluerealty.ca/blog