In response to the growing demand for housing and the need to accommodate Fernie’s expanding population, the City of Fernie has taken a significant step forward by looking at approving new densification bylaws. These bylaws are designed to promote the development of more compact and efficient housing options within the city’s residential areas. The goal is to create a more

Budget 2024: Enhancing Homeownership Opportunities In an exciting announcement, Deputy Prime Minister and Minister of Finance Chrystia Freeland revealed plans in Budget 2024 to support Canadian homeowners in expanding their housing options. Through a new Secondary Suite Loan Program, homeowners can access up to $40,000 in low-interest loans to create additional rental suites, fostering densification and accommodating evolving housing needs.

This overview discusses two important updates impacting the Elk Valley real estate market: new mortgage relief measures for first-time homebuyers and the Bank of Canada’s decision on interest rates. Let’s explore how these changes could affect the local housing market. Recent Government Developments Impacting the Elk Valley Real Estate Market New Mortgage Relief Measures for Canadian First-Time Homebuyers Effective August

“Good bones!” – a phrase often used to describe a sturdy home with immense potential. But once you have such a property, how do you maximize its possibilities? Enhancing comfort and energy efficiency is a key way to transform a house with good bones into a more livable space while increasing its value. With a plethora of new technologies and

Discover Deb Trand’s Top Picks for March newsletter Here: https://icont.ac/4WFFo

New in BC!  PROPERTY TAX EXEMPTIONS Exciting changes are coming to property tax exemptions in British Columbia. Effective April 1, 2024, first-time homebuyers and those purchasing newly constructed homes will benefit from significant updates to property transfer tax exemptions. Additionally, there are alterations to the BC Home Flipping Tax, providing clarity on gains from home sales within specific time frames.

As we step into 2024, the real estate landscape continues to present unique challenges, especially in the realm of inventory. Tight inventory conditions will continue to challenge home buyers this year, perpetuating a trend that has persisted for several years. According to an October 2023 report from Realtor.com, limited inventory has continued to hamper homebuyers, with the number of homes

As we look ahead to 2024, there’s a lot of speculation about the upcoming design trends. Some foresee a continuation of the prevalent use of grey and natural tones, while others predict a shift towards bolder color palettes. In my view, these trends are intricately linked to factors such as home style, location, individual personality, lifestyle, and personal values. While