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
6524 Portsmouth Road, Nanaimo, BC
MLS® #449497
Exceptional Attention To Detail Throughout. Designed For Entertaining Friends And Family Large Open Concept Great Room With Gas Fireplace And Deck Access. Adjoined Semi Formal Dining Area Plus A Beautiful Kitchen Fo R The Chef In The Family. Master Bedroom ...
Single Family
Lt 6 Gregson Road, Nanaimo, BC
MLS® #449415
New 1885 Sqft Rancher Being Built In The New Jameson Quarries Development Off Jameson Rd In The Jinglepot Area Of Nanaimo. This Larger 3 Bed 2 Bath Rancher Sits On 2.5 Acres Of Land And Has A 2 Car Garage With Plenty Of Room To Add More Shop Space. Looking ...
Single Family
1324 Langara Drive, Nanaimo, BC
MLS® #449434
If You Love Looking At The Mountains And You Enjoy Being Close To 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 Aro...
Single Family
3773 Marjorie Way, Nanaimo, BC
MLS® #449403
Almost Complete & Located In The New Millstone Valley Estates, This Beautiful Basement Entry Home Is Sure To Please! The Quality Of Materials And Workmanship Throughout Is Exceptional As Are All The Homes Built By Colanna Homes Ltd. No Details Are Overlooke...
Single Family
387 Cambie Road, Nanaimo, BC
MLS® #449396
Brand New, Tasteful And Well Designed Family Home, Situated On A Corner Lot In A Neighbourhood Of Newer Homes. Offering 1,594 Sqft Of Living Space With 3 Beds + Den & 3 Baths, This Home Is Conveniently Located Minutes From Shopping, Recreation, Entertainmen...
Single Family
6180 Cherry Wood Place, Nanaimo, BC
MLS® #449373
Beautiful Custom Home With All The Finishings. Main Floor Is Bright And Open, Stone Counter Tops & Gourmet Island, Stainless Appliance Package, With Plenty Of Cabinet Space. Adjoining The Kitchen Is The A Lovely Gas Fireplace Great Room And Dining Area. Fan...
Single Family
5875 Annsobel Cir, Nanaimo, BC
MLS® #449365
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
5941 Stillwater Way, Nanaimo, BC
MLS® #449277
Brand New 4 Bedroom Family Home Backing Onto Parkland In Popular Oliverwood! This Fabulous Home Offers An Open Living Room Boasting Easy Care Laminate Flooring. The Kitchen Offers Ample Cabinetry, A Spacious Work Island & Quartz Countertops. The Dining Area...
Single Family
5966 Stillwater Way, Nanaimo, BC
MLS® #449272
Main Level Entry With Basement Home! This Home Is Perfect For A Growing Family. Great Location Close To Oliverwood Rec Center And North End Amenities Such As: Shopping Malls, Groceries, Restaurants, And Much More. As You Enter The Front Door The Living Room...
Single Family
505 Waterwood Place, Nanaimo, BC
MLS® #449256
Welcome To Oliverwood! This Home Has 3 Beds 3 Baths Over 1500 Sqft Of Living Space. Lower Level Is The Main Living Area With An Open Concept Of The Kitchen, Dining, And Living Room Equipped With A Natural Gas Fireplace For The Cooler Winter Months. Beside T...
Single Family
1042 Shelby Ann Ave, Nanaimo, BC
MLS® #449237
For Similar Photo's Of Interior Please View Mls#449236. 1042 Shelby Ann Is A Newly Built Home With A Very Desirable Main Level Entry, Walkout Basement Layout. . This Home Offers 6 Bedrooms, 3 On The Main Floor And An Additional On The Lower Level Perfect Fo...
Single Family
1046 Shelby Ann Ave, Nanaimo, BC
MLS® #449236
1046 Shelby Ann Is A Newly Built Home With A Very Desirable Main Level Entry, Walkout Basement Layout. This Is The Ideal Layout To Accommodate A Fully Self Contained Suite As It Provides Great Separation Between The Living Spaces. This Home Offers 6 Bedroom...
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.