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
3820 Glen Oaks Drive, Nanaimo, BC
MLS® #448394
Brand New Home At The Ridge. Main Floor's Open Concept Living W/ Large Windows & Double Sliding Doors From Great Room Lead Out To Private, Covered Patio Space. Bbq Hook-up For Alfresco Meals. Endless Exploring The Forested Trails Beyond Patio. Modern Kitche...
Single Family
1259 Townsite Road, Nanaimo, BC
MLS® #448384
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 Large Open Concept 6 Bedroom,4 Bathroom Centrally Located Family Home!the Home Has A Bonus 2 Bedro...
Single Family
553 Lori Place, Nanaimo, BC
MLS® #448320
Brand New 5 Bedrooms 3 Bathrooms Home Over 2300 Sqft. This Home Has A 2 Bedroom Legal Suite. There Is An Option Of Having Just A One Bedroom Suite And The Second Bedroom Could Be Used For The Main Area Of The House. Main Level Of The House Has The Open Conc...
Single Family
202 Haliburton Street, Nanaimo, BC
MLS® #448338
No Strata! Sun Porch Homes Ltd. Is Proud To Present Another Quality Constructed Home! You'll Be Amazed By The Impressive Design, Quality & Exceptional Value Of This Large Open Concept 4 Bedroom, 3 Bathroom, 2 Storey Home. You Will Be Impressed With The Qual...
Single Family
5875 Annsobel Cir, Nanaimo, BC
MLS® #448318
Another Quality Build By Harbour Point Homes! This Is A Beautiful Rancher Located In Desirable North Nanaimo Placed On A Unique Park Setting At The End Of A Cul-de-sac. Views Of Rutherford School Field & Park Right From The Patio! This Level Home Includes 9...
Single Family
3815 Jingle Pot Road, Nanaimo, BC
MLS® #448308
Large Brand New Residence With Legal Suit Located In The Desirable North Jingle Pot, With Over 3200 Sq Ft, 5 Spacious Beds, 4 Baths And 1 Large Den. In Main Floor There Are 2 Spacious Bedrooms And 2 Bathrooms Plus A Large Den And A Large Opened Kitchen ; In...
Single Family
5276 Dewar Road, Nanaimo, BC
MLS® #448313
Panoramic Ocean Views. This Stunning 3 Bed, 3 Bath Home Boasts Unobstructed Ocean And Mountain Views From Almost Every Room! Built By Ocean Green Homes, This Property Is Located In North Nanaimo Close To All Amenities And Surrounded By Other Luxurious Prope...
Single Family
100 Carlo Place, Nanaimo, BC
MLS® #448309
Looking For A New Rancher And Don't Want To Pay The Gst. This Home Is Just One Year Old And Features Beautiful Laminate Floors, An Island In The Kitchen With Breakfast Bar And Stainless Steel Appliances.the Large Master Bedroom Has A Walk-in Closet And A 5'...
Single Family
1255 Townsite Road, Nanaimo, BC
MLS® #448295
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 Large Open Concept 6 Bedroom,4 Bathroom Centrally Located Family Home!the Home Has A Bonus 2 Bedro...
Single Family
524 Lori Place, Nanaimo, BC
MLS® #448294
Main Level Entry Family Home! This 1,633 Sqft Detached Half Duplex Sits On A Great Corner Lot, Includes 3 Beds And 3 Baths, And Would Be Great For A Young Family. The Main Level Consists Of An Open Floor Plan With A Natural Gas Fireplace In The Living Room ...
Single Family
644 Railway Ave B, Nanaimo, BC
MLS® #448275
Sun Porch Homes Ltd. Is Proud To Present Another Quality Built Home! Nearly Ready For Move In! Early Bird Pricing! You Are Sure To Be Amazed By The Impressive Design, Quality And Exceptional Value Of This Rare 4 Bedroom Family Home With An Amazing Open Conc...
Condo/Strata
4129 Emerald Woods Place, Nanaimo, BC
MLS® #448274
This Beautifully Finished, Basement Entry Townhome At Emerald Woods Place Offers 1286sf On The Main & 723sf On The Lower Level, These Are 3 Bedroom/3 Bathroom Plans Featuring 6 Appliances, Blinds, Engineered Hardwood Floors, Quality Carpet In Bedrooms & Til...
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.