Lynn's Blog

Nanaimo luxury homes

Nanaimo luxury homes

The worldwide demand for luxury homes is intensifying.  The Nanaimo luxury homes market is no different.

According to an article by Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada, "The strength of the upper-end segment continues to defy expectations,"  He feels that Western Canada, in particular, will continue to see the upside benefit of investment from abroad."  A number of factors position Canada as an attractive option, foremost that its real estate remains a bargain by international standards, given its ranking for quality of life, political and economic stability and the strength of its property laws. To those from abroad, it's the perfect mix.

"Three key factors-serious equity gains, stock market recovery, and improved economic performance-have been behind the push for luxury housing.

I became curious after reading the above mentioned article.  I decided to check out the current supply of Nanaimo luxury homes.  As of today there are 70 homes listed in Nanaimo priced from a low of $700,000 on up.

Nanaimo luxury homesLet's take a look at what constitutes a luxury home in Nanaimo.  Here are three examples of what your dollar will buy you in way of a luxury home here:

$729,000. Will buys you a 3,000 sq. foot lakefront home on Long Lake.  There are 3 fully finished levels and every floor has gorgeous oversized windows, beautiful finishing's and amazing lake views. Outside there are multiple sundecks, walk down access to Long Lake and your very own private dock!

$859,900. Will buy you a 4.69 acre 3500 sq. foot home in the Jinglepot area.  The home is 3 years old and has 4 bedrooms and 6 bathrooms. The home is a two storey design, main floor living with 9 ft. walls, large mezzanine foyer, den, great room and country style gourmet, and a designer kitchen.

$989,900 Will buy you 1.20 acres overlooking Linley Valley and offering views of Mt. Benson.  The home is 3600 sq. feet.  This thoroughly modern look home features 5 bedrooms and a separate nanny suite.  The home has beautiful decking with a modern river rock style fire pit.

These listings are just a small example of the Nanaimo luxury homes  market.  For a detailed list of high end homes please contact me.

 

 

 

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