Winter Season:
Winter is never an optimal time to put your home on the market. Buyers are busy with other financial obligations such as Christmas travel and gifts.  With fewer potential buyers at this time, your home may sit on the market forcing you to lower the purchase price to sell.

2011:
Lets not kid ourselves we are still feeling the affect of the 2008 Canadian market crash. Financial institutions are taking a more conservative approach to lending and as stated by the Canadian Realestate Association “buying activity is expected to slow as Canadians will have less free floating capital to spend on large purchases”.

Vancouver Condo Market:
Keep your eye out for an Olympic Village liquidation or dramatic price reductions of the South East False Creek units. How will this affect other condo sales in other areas of the city?  It means competing with an extra 480 condos that will be flooding the market….you do the math.

So Go Ahead & Renovate:
With all that said, undertaking a home or condo renovation may be the best course of action during our current housing market climate.  Adding value to your space with main floor, kitchen or bathroom renovations is great value for your dollar and will give you a selling advantage when the market stabilizes.

Contact Klondike Contracting’s Service page for any of your Renovation needs.  We can do it all, from entire home renovations, basements, kitchens, bathrooms, additions, laneway homes. To request pricing on a project check Klondike Contracting’s Request A Quote form.