RSS

7 Home Improvements That Can Significantly Boost Property Value in Vancouver, B.C.*

Greater Vancouver is one of the most sought-after real estate markets in Canada. While property prices are high, the right upgrades can substantially increase the value of your home and give you a competitive edge when selling. Here are seven proven home improvements to consider:

1. Energy-Efficient Upgrades

In Vancouver, where energy-conscious living is on the rise, energy-efficient upgrades can attract eco-conscious buyers.

  • Cost: Installing energy-efficient windows costs $10,000–$20,000* on average, while upgrading insulation ranges from $5,000–$15,000*.

  • ROI: These upgrades can yield up to 70-80% return on investment and may lower utility bills by 25-50%, making your property more appealing.

2. Kitchen and Bathroom Renovations

Modern, functional kitchens and bathrooms are key to increasing home value.

  • Cost: Kitchen renovations typically range from $25,000–$50,000*, while bathroom upgrades start at $10,000*.

  • ROI: High-quality upgrades can offer a return of up to 75-100%, especially in Vancouver's competitive market.

3. Adding Additional Living Spaces

With Vancouver’s high demand for rental properties, creating extra living units like basement suites or laneway houses can significantly boost property value.

  • Cost: Building a legal basement suite can cost $30,000–$70,000*, while laneway houses typically cost $200,000+*.

  • ROI: Properties with additional rental income can see their value increase by 10-20%.

4. Landscaping and Outdoor Spaces

First impressions matter, and a well-maintained outdoor space can dramatically enhance curb appeal.

  • Cost: Landscaping projects range from $5,000–$15,000*, with features like patios or fire pits costing extra.

  • ROI: Attractive outdoor spaces can add up to 10% to a home's market value.

5. Home Office Creation

With more people working remotely, a designated home office is a top priority for buyers.

  • Cost: Converting a room into a home office typically costs $5,000–$15,000*.

  • ROI: This feature can add up to 5% to a property’s value in urban areas like Vancouver.

6. Exterior Updates

Refreshing your home’s exterior not only boosts curb appeal but also signals to buyers that the property is well-maintained.

  • Cost: New siding, paint, or roofing can cost $10,000–$30,000*.

  • ROI: Exterior improvements often recoup 70-75% of their cost.

7. Modern Security Systems

Safety is a growing concern, and a modern security system is a valuable selling point.

  • Cost: Installing smart home security systems costs $1,000–$3,000*.

  • ROI: While the direct ROI is lower (around 50%), these upgrades make your home stand out and attract safety-conscious buyers.


Tailored Advice from an Award-Winning Realtor

Each home is unique, and the best upgrades depend on your property’s location, condition, and target market. As a long-time Vancouver resident and award-winning realtor, I can guide you through the smartest investments to maximize your home’s value.

Contact me today for a personalized consultation to discover which improvements will deliver the best return for your home in Vancouver’s competitive market.

Call 778-888-9187

Email BRENT@HOMESBYLEWIS.COM 

(*)Prices are approximate averages from 2023, sourced online, and may vary significantly based on location and project specifics. Consult local experts for precise estimates.

Read

Finding Your Ideal Home in Vancouver Westside: Condo, Townhouse, or Detached Home.

As an award-winning Realtor and long-time Vancouver Westside resident, I’ve helped countless buyers navigate this prestigious area. With its blend of modern condos, family-friendly townhouses, and stately detached homes, there’s truly something for everyone here. Let’s explore which property type aligns with your lifestyle and aspirations.


Condos: Contemporary Living in Vibrant Neighborhoods

Condos are the heartbeat of urban living in Vancouver Westside, particularly in areas like Kitsilano, Fairview, and Oakridge. These homes are perfect for young professionals, singles, or couples who value convenience, modern amenities, and easy access to transit. Condos also offer affordability in a high-demand market, making them an excellent option for first-time buyers or investors.

With the Bank of Canada recently reducing interest rates and easing mortgage regulations as of December 15, now is an opportune time to explore Vancouver’s condo market. Whether you’re seeking a chic suite in Kitsilano or a modern condo in Oakridge, there are incredible opportunities to be found.


Townhouses: The Sweet Spot of Space and Ease

Townhouses in neighborhoods like Kerrisdale, Dunbar, and South Cambie strike the perfect balance between space and low-maintenance living. These homes often include multiple bedrooms, private outdoor spaces, and direct street access, making them ideal for families, professionals, or downsizers.

Dunbar, in particular, boasts quiet streets, proximity to top schools, and a strong sense of community, while Kerrisdale combines timeless charm with boutique shopping and dining. For those seeking more flexibility and privacy than a condo without the responsibilities of a detached home, townhouses are an exceptional choice.


Detached Homes: Luxury and Long-Term Investment

Detached homes remain the crown jewel of Vancouver Westside real estate, offering unparalleled privacy, space, and investment potential. Areas like Shaughnessy, Point Grey, and Arbutus Ridge feature stunning properties, often with expansive lots, beautiful gardens, and proximity to prestigious schools and parks.

Shaughnessy’s tree-lined streets are synonymous with architectural elegance, while Point Grey’s ocean views and vibrant atmosphere appeal to families and retirees alike. With recent interest rate reductions, owning one of these dream homes may be closer to reality than ever before.


Which Home Is Right for You?

  • Condos: Ideal for professionals, singles, or couples seeking urban convenience.

  • Townhouses: Perfect for families or those seeking a blend of space and ease.

  • Detached Homes: For those prioritizing privacy, grandeur, and long-term growth.


Take Action: Your Westside Dream Awaits

The combination of lower interest rates and more accessible mortgages has created a golden opportunity for buyers in Vancouver Westside. Whether you’re drawn to the vibrant energy of a condo, the family-friendly appeal of a townhouse, or the timeless elegance of a detached home, the time to act is now.

As an experienced Realtor who knows Vancouver Westside inside and out, I’m here to help you make the best decision for your lifestyle and future.

 Contact me today, and let’s turn your dream home into a reality!

Call 778-888-9187

Email BRENT@HOMESBYLEWIS.COM 

Read

The Secrets to Selling Homes in Vancouver Westside

As a long-time resident of Vancouver’s Westside and an award-winning RE/MAX agent with extensive experience, I’ve had the opportunity to help homeowners achieve their real estate goals. Selling a property in Westside means more than just listing it; it’s about showcasing the unique appeal of neighborhoods like Kitsilano, Arbutus, Kerrisdale, Dunbar, and more. Each area offers something special, from vibrant communities to peaceful family-oriented streets, and I strive to help potential buyers find the perfect match for their lifestyle.

Here are some insider strategies I use to ensure every home shines in the market:

1. Highlight the Westside Neighborhoods

Vancouver Westside offers more than just beautiful homes; it’s a collection of vibrant neighborhoods, each with its own charm. From the beachside lifestyle of Kitsilano to the tranquil streets of Arbutus Ridge, the historic elegance of Shaughnessy, and the family-friendly vibe of Dunbar, there’s something for everyone. Other highlights include the urban convenience of Fairview, the classic charm of Kerrisdale, and the stunning ocean views of Point Grey. I ensure that potential buyers see how your home fits perfectly into this world of comfort and lifestyle options Westside offers.

2. Leverage Customized Marketing

Every home has its own story, and I create tailored marketing campaigns that resonate with buyers looking to invest in Westside properties. From professional staging and high-end media to targeted advertising, I use tools that elevate your property’s appeal.

3. Tap Into My Network

With over a decade of experience since beginning my career in real estate in 2009, I’ve built a vast network of local and international clients, as well as connections with top professionals. This extensive background ensures your property gains the exposure it deserves. This means your property reaches serious buyers who appreciate the distinct character of Westside homes.

4. Price Strategically

Pricing a home requires a deep understanding of market trends. With my extensive experience, I’ll help you position your property to attract competitive offers while maximizing its value.

5. Offer Seamless Support

Selling a home can be complex, especially in Vancouver’s dynamic market. I’ll guide you through every step, providing transparent communication and solutions tailored to your needs.

Your home deserves more than a “For Sale” sign. It deserves a dedicated partner who understands the nuances of the Vancouver Westside market. Let’s showcase your property to the right audience and achieve exceptional results together.

If you’re considering selling your home, feel free to reach out to me.

I’m here to help you every step of the way.

Call 778-888-9187

Email BRENT@HOMESBYLEWIS.COM 

Read

The Arbutus Club: A Key to Vancouver Westside’s Vibrant Community

As a resident of the Arbutus neighborhood and a trusted award-winning Vancouver Realtor®, I’m proud to share that my real estate services are featured in the prestigious The Bark, The Arbutus Club Magazine (tap to open). This exposure has already connected me with new clients and highlights the importance of being part of such an exclusive community. Let me tell you a bit about what makes The Arbutus Club so unique and why it matters for those interested in Arbutus real estate.

What Is The Arbutus Club?

The Arbutus Club (tap to open) is one of Vancouver Westside’s premier private clubs, offering world-class facilities, services, and events to its members. Celebrating its 60th anniversary, The Arbutus Club, the club has become a cornerstone of the city’s social and recreational life. Nestled in the heart of the Arbutus neighborhood, The Arbutus Club is more than just a club—it’s a lifestyle.

Members enjoy access to a wide range of amenities, including:

- Fitness and Wellness: A state-of-the-art fitness center, swimming pools, and wellness programs.

- Dining: Exclusive restaurants and lounges offering gourmet meals and casual dining options.

- Sports and Recreation: Tennis courts, ice rinks, squash courts, and more.

- Kids and Family Activities: Programs and events tailored for families, including childcare services.

- Social Events: Networking opportunities, galas, and themed parties that foster a strong sense of community.

A Legacy of Excellence

As The Arbutus Club marks its 60th year, it continues to foster connections among Vancouver Westside’s professionals, entrepreneurs, and families, remaining a beacon of community and excellence. For decades, it has been a symbol of achievement and community involvement, making it one of the city’s most sought-after private clubs.

 My Connection to The Arbutus Club

Being featured in the The Bark, The Arbutus Club Magazine (tap to open) aligns perfectly with my commitment to serving the Arbutus area and the broader Vancouver Westside community. This opportunity has already brought me new clients who value the personalized, high-level service I provide. I believe that real estate is about building relationships, and this connection to The Arbutus Club underscores my dedication to excellence in Vancouver real estate.

 Why It’s Relevant for Your Real Estate Goals

The Arbutus neighborhood and Vancouver Westside are home to some of the city’s most desirable real estate. The Arbutus Club’s community is made up of influential and successful individuals who value high-quality services. Being featured in their magazine provides an opportunity to connect with a highly engaged audience, further cementing my reputation as a trusted local Realtor®. If you’re looking to buy or sell a property in the Arbutus area or the Vancouver Westside, you can trust that my experience and connections will work to your advantage.

 Let’s Connect

If you’re considering buying or selling a home in Vancouver or the Arbutus neighborhood, I’d love to help. My proven track record and connections within The Arbutus Club community give me a unique edge in the market. Learn more about Arbutus real estate and explore available properties here: Vancouver Real Estate in Arbutus Ridge.

Reach out today, and let’s start your real estate journey together.

Call 778-888-9187

Email BRENT@HOMESBYLEWIS.COM 

Read

Dunbar: Vancouver's Hidden Gem for Buyers and Sellers

Dunbar is a neighborhood I always enjoy exploring with my clients. As a Westside resident and award-winning realtor, I’ve had the pleasure of introducing countless buyers and sellers to its unique charm. From its welcoming community feel to its tree-lined streets that come alive in the fall, Dunbar is a standout among Vancouver's neighborhoods.

Why Buyers Fall in Love with Dunbar

Dunbar's charm begins with its streets. Imagine walking along Highbury Street, where maple trees turn brilliant shades of red and orange every autumn. Or exploring West 22nd Avenue near Camosun Park, where golden leaves blanket the street. Streets like Collingwood and Crown are equally stunning, offering peaceful, picturesque views all year round.

Beyond its natural beauty, Dunbar offers incredible amenities that attract families, professionals, and retirees alike. Parents are drawn to its proximity to prestigious schools like St. George’s School and Lord Byng Secondary, while nature lovers appreciate its access to Pacific Spirit Park, a haven of trails and greenery.

Dunbar balances a small-town community vibe with easy access to urban conveniences. From boutique shops and cozy cafés to its short drive to Kerrisdale or Downtown, this neighborhood offers the best of both worlds.


Thinking About Selling Your Dunbar Home?

Dunbar’s beauty isn’t just a pleasure to live in—it’s a major selling point. Buyers are captivated by the neighborhood’s quiet streets, spacious lots, and the character homes that often feature unique architectural details. As a seller, this built-in appeal can make your property stand out.

When I work with sellers in Dunbar, I make sure to highlight what makes their home truly special. Is your property near the breathtaking West 37th Avenue, where fall foliage creates postcard-perfect views? Or perhaps you’re close to the scenic trails of Pacific Spirit Park? These features not only increase interest from buyers but also add real value.

Dunbar homes are also a fantastic investment. This area consistently attracts families and professionals, ensuring steady demand and strong market prices. My goal is to help you position your home to maximize its value and attract serious buyers through tailored marketing strategies.


Dunbar’s Best Streets for Fall Magic

Autumn in Dunbar is like stepping into a painting. Some of the most beautiful streets I recommend to my clients include:

  • Highbury Street: Especially between West 37th and West 41st Avenue, with its vibrant fall colors.

  • West 22nd Avenue: Known for its golden leaves and proximity to local parks.

  • Collingwood Street: A peaceful retreat with mature trees and a cozy atmosphere.

  • Crown Street: Quiet and serene, perfect for fall strolls.

For those who love the outdoors, Pacific Spirit Regional Park is right at Dunbar’s edge and offers an incredible mix of evergreens and autumn colors.


Helping You Navigate Dunbar’s Real Estate Market

As a realtor focused on Vancouver’s Westside, I know what makes Dunbar special—and how to showcase it to both buyers and sellers. Whether you’re searching for your dream home or preparing to list your property, I’m here to guide you every step of the way.

Want to dive deeper into what makes Dunbar such a standout neighborhood? Check out my detailed guide: Dunbar: Vancouver’s Serene Residential Oasis

If you’d like to learn more about Dunbar or discuss your real estate goals, let’s connect. Dunbar isn’t just a neighborhood; it’s a lifestyle, and I’m here to help you make the most of it.

Call 778-888-9187

Email BRENT@HOMESBYLEWIS.COM 

Read

Vancouver Real Estate Market: A New Era for First-Time Homebuyers

The Vancouver real estate market has long been known for its high prices and fierce competition, but changes to Canada’s mortgage rules coming into effect on December 15, 2024, could make homeownership more achievable. If you’re a first-time buyer in Vancouver, here’s how these updates can shape your path to owning property.


What Are the New Mortgage Rules in Canada for 2024?

  1. Higher Insured Mortgage Cap
    As of December 15, 2024, the maximum property value eligible for insured mortgages will increase from $1 million to $1.5 million. This change is particularly significant in Vancouver, where the median home price often exceeds $1 million.

    • Benefits: Buyers can now access insured mortgages with a lower down payment—5% for the first $500,000 and 10% for the portion up to $1.5 million—making it easier to finance homes in Vancouver’s competitive market.

  2. Extended Amortization Period
    For first-time homebuyers, the maximum amortization period will now be 30 years (previously 25 years).

    • Impact: While this reduces monthly payments, it increases the total interest paid over the loan's duration, offering buyers more flexibility to manage cash flow.


How These Changes Will Impact First-Time Buyers in Vancouver

  • Affordability Boost:
    Buyers who were previously priced out of the Vancouver market now have access to lower monthly payments and can consider properties in neighborhoods like Burnaby, New Westminster, and East Vancouver.

  • Increased Demand:
    Experts warn that these measures could drive up competition and prices, especially in high-demand areas, unless the supply of affordable housing improves.

  • Flexibility for Young Buyers:
    The 30-year amortization provides a lifeline to younger professionals and families balancing other financial priorities, such as student loans or childcare expenses.


Why Now Is the Best Time to Buy in Vancouver

The combination of new mortgage rules and a stable market creates a unique opportunity for first-time buyers. Here’s why:

  1. Steady Home Prices:
    Vancouver’s real estate prices have remained relatively steady, offering a brief window for buyers to secure properties before demand pushes them higher.

  2. Potential Rate Drops:
    With interest rates expected to decrease, now is the perfect time to get pre-approved for a mortgage. Lower borrowing costs could make your dream home more affordable.


Key Steps to Navigate Vancouver’s Housing Market

  1. Get Pre-Approved
    Before exploring homes, secure a mortgage pre-approval. This helps you understand your budget and demonstrates to sellers that you’re a serious buyer.

  2. Partner with a Realtor
    Vancouver’s market is competitive and complex. A local real estate agent can guide you through the best neighborhoods and negotiate deals on your behalf.

  3. Monitor New Listings
    Stay informed about inventory in your preferred areas and act quickly when opportunities arise.


Top Neighborhoods for First-Time Buyers in Vancouver

  • Burnaby: Known for excellent transit and slightly lower prices compared to central Vancouver.

  • New Westminster: A family-friendly area with a mix of condos and detached homes.

  • East Vancouver: Offers a vibrant community and diverse housing options, from townhouses to duplexes.


Final Thoughts

The new mortgage rules bring much-needed relief to Vancouver’s housing market. While affordability remains a challenge, these changes open doors for first-time buyers aiming to secure their place in one of Canada’s most desirable cities.

If you’re ready to explore your options, contact me today for expert guidance on navigating Vancouver’s real estate market 

Call 778-888-9187

Email BRENT@HOMESBYLEWIS.COM 

Read
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.