Below, I've listed all current properties for sale where the house was built in 2017 or later. (Some will not show if the listing agents did not list the year of construction.) I've also included information about new construction in Nanaimo, under the listings below.
Got questions about any properties below? Call me, or send me an email.
Single Family
388 9th Street, Nanaimo, BC
MLS® #448993
Brand New Construction One Block Away From A Great School. Kitchen Offers Quartz Countertops, Shaker Cabinets Gourmet Quartz Island With Deck Access For Bbq And Family Get Togethers. Huge Master Bedroom With Ensuite. Spare Bedroom With Ensuite, Spacious Liv...
Half Duplex
5804 Linley Valley Drive, Nanaimo, BC
MLS® #449023
Strata Home In Linley Point. Designed By Capewell Design & Ellins Architect. Through Front Deck Enter Home Through Fir & Glass Door Into Great Room. Gas Fireplace In The Main Living Area, Vaulted 15ft Ceiling, Dormer Windows & The Focal Hub Is A Delightful ...
Single Family
853 Coal Town Way, Nanaimo, BC
MLS® #448992
These Brand New, Windley Built Homes Offer High Quality Construction, Excellent Floor Plans With Main Level Living, Full Appliance Packages And Extensive Landscaping. These Strata - Titled Homes Are Fully Detached And Offer Top Quality Finishes And A Choice...
Single Family
1335 Langara Drive, Nanaimo, BC
MLS® #448885
If You Love Looking At The Mountains And You Enjoy Nature Then This May Be The House For You. This House Is Located Just A Few Minute Walk To Westwood Park Where You Can Enjoy The Lengthly Trails For Walking/running/biking. You Can Cruise Around The Calm Wa...
Single Family
719 Cadogan Street, Nanaimo, BC
MLS® #448792
A New Year Equals A New Home! Sun Porch Homes Ltd. Is Proud To Present Another Quality Constructed Home! Walk In To Be Amazed By The Impressive Design, Quality And Exceptional Value Of This Beautiful Open Concept 4 Bedroom, 3 Bathroom Centrally Located Fami...
Condo/Strata
5646 Linley Valley Drive 8, Nanaimo, BC
MLS® #448753
Linley Park Estates Is An 8 Unit Patio/townhome Strata Constructed In Three Separate Buildings. Including 4 Patio Homes And 4 Townhomes. This Patio Home Unit Is In Building B And Is Part Of 3 Patio Homes (triplex) With 2 Bedrooms & 2 Baths, A Crawl Space & ...
Condo/Strata
5646 Linley Valley Drive 7, Nanaimo, BC
MLS® #448750
Linley Park Estates Is An 8 Unit Patio/townhome Strata Constructed In Three Separate Buildings. Including 4 Patio Homes And 4 Townhomes. This Patio Home Unit Is In Building B And Is Part Of 3 Patio Homes (triplex) With 2 Bedrooms & 3 Baths, An Upper Floor M...
Single Family
961 Morpeth Ave, Nanaimo, BC
MLS® #448747
A New Year Equals A New Home! Sun Porch Homes Ltd. Is Proud To Present Another Quality Constructed Home! Walk In To Be Amazed By The Impressive Design, Quality And Exceptional Value Of This Beautiful Open Concept 4 Bedroom, 3 Bathroom Centrally Located Fami...
Condo/Strata
5646 Linley Valley Drive 6, Nanaimo, BC
MLS® #448743
Linley Park Estates Is An 8 Unit Patio/townhome Strata Constructed In Three Separate Buildings. Including 4 Patio Homes And 4 Townhomes. This Patio Home Unit Is In Building B And Is Part Of 3 Patio Homes (triplex) With 2 Bedrooms & 2 Baths Plus A Den, A Cra...
Condo/Strata
5646 Linley Valley Drive 5, Nanaimo, BC
MLS® #448741
Linley Park Estates Is An 8 Unit Patio/townhome Strata Constructed In Three Separate Buildings. Including 4 Patio Homes And 4 Townhomes. This Unit In Building A Is A Stand Alone Patio Home, With 2 Bedrooms & 2 Baths Plus A Den, Crawlspace & 2 Car Garage And...
Condo/Strata
5646 Linley Valley Drive 202, Nanaimo, BC
MLS® #448739
Linley Park Estates Is An 8 Unit Patio/townhome Strata Constructed In Three Separate Buildings. Including 4 Patio Homes And 4 Townhomes. This Unit Is Part Of Building C And Is A Lower Unit In The 4-plex Building With 2 Bedrooms & 2 Baths Plus A Den And Is 1...
Condo/Strata
5646 Linley Valley Drive 201, Nanaimo, BC
MLS® #448736
Linley Park Estates Is An 8 Unit Patio/townhome Strata Constructed In Three Separate Buildings. Including 4 Patio Homes And 4 Townhomes. This Unit Is Part Of Building C And Is A Lower Unit In The 4-plex Building With 2 Bedrooms & 2 Baths Plus A Den And Is 1...
There's a common misconception that newly-built homes are lacking in character. A buyer with a taste for pre-1950s craftsmanship would traditionally avoid new developments. But that's changing. Many new projects in Nanaimo are being built with high attention to curb appeal and interior finishes.
With historically low levels of inventory vs. demand in the current market, it's a great climate for numerous developers - and they are hammering out as many new subdivisions and condo buildings as possible. The result is that a lot of different kinds of building are available - but never for very long. Buyers must be decisive in this market or a building/development will suddenly be sold out, with nothing similar on the horizon!
For "used" homes, there is a provincial property transfer tax (PTT) of several thousand dollars. But for newly built homes, the BC government offers a full exemption to the property transfer tax (only for homes purchased at less than $750,000). For a $500,000 home, this exemption is worth $8,000 to the buyer.
While it's nice to avoid the property transfer tax, new homes are subject to a HIGHER tax rate because GST is payable - at 5%. This works out to much more than the PTT ($25,000 on a $500,000 home).
There's a "New Housing Rebate" that returns up to 36% of the GST - if you purchased from a builder and use the home as your primary residence, and if the purchase price was $450k or less.
Government regulations demand that developers must purchase third-party home warranty insurance to provide to the buyer along with the home. Naturally, this is one reason why new-construction properties cost more than older homes. Here is the minimum level of coverage that the home warranty insurance is required to provide:
VIREB IDX Reciprocity listings are displayed in accordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The above information is from sources deemed reliable but it should not be relied upon without independent verification.