Andreas Nystrom


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Look for the new Independent development to break ground and start construction anytime early in 2015.


This new development at the corner of Kingsway and 10th will take over some of the empty space, derelict buildings and warehouses that occupy that space currently. The address of the new development will be 285 East 10th Avenue in Mount Pleasant.


It took the developer, community and City Hall more than 7 years to get the approval process over. But with that out of the way, new condo, townhouse and retail space will be available sometime in the near future.


The Independent will be the tallest building in Mount Pleasant and will set a new president for the development of the neighborhood and community. It boasts "Crafted Living at it's Best" with 1, 2 and 3 bedroom homes with a very unique community style courtyard and floor plans.


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When purchasing, selling or looking for a home, renovations can add or detract value from a home and in more than a few ways. Here are 6 renovations that have been proven not to add value:


  1. Swimming Pools:

    Pools are often very nice to enjoy at a friends or neighbors house but can be quite a hassle for both safety and maintenance. Many new buyers look at pools as dangerous, expensive lawsuits waiting to happen. They are also very costly if poorly maintained or old. Many new families view pools as unsafe with new children.

  2. Overbuilding for the Neighborhood

    Homeowners in older, established neighborhoods may want to upgrade and increase the size of their living space by building wider or higher. Buyers don't want to spend $250,000 for house in a $150,000 neighborhood.

  3. Extensive Landscaping

    How buyers may appreciate nice landscaping and it certainly adds to curb appeal but it's hard to say whether that increases property value. If the new owner likes the landscaping but wants their own touch they may completely change everything.

  4. High-End Upgrades

    High-End upgrades throughout your property can certainly increase property value but not if they are mixed with older counter-tops, shag carpeting, old paint, etc. The upgrades need to be consistent with the look, feeling and style of the home.

  5. Wall-to-Wall Carpeting

    Carpeting is expensive and difficult to maintain, most buyers and sellers are opting for hard wood flooring. Carpeting is also more of a health concern to due to its cleanliness and other chemicals that may be used in the creation process.

  6. Invisible Improvements

    New heaters, lights, furnace, etc. This are great items and do help in the resale of your home but they don't necessarily increase the value. Buyers expect these items to be there and in working condition. Because you have new items does not mean people will pay more. 


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I have sold a property at 1160 57TH AVE W in Vancouver.
South Granville Georgian contemporary home! This home comes with 5 bedrooms, 5 bathrooms all en-suites spread on 3 levels. Newly renovated kitchen with custom cabinetry, granite countertops, carrera marble backsplash with Wolf and Sub-Zero appliances. Step out from your open kitchen onto the slate covered patio overlooking your southern exposed manicured back yard, perfect for entertaining in this private green setting. Main floors have hardwood floors throughout, 9 ft ceilings, air conditioning, and alarm system. Large recreation room in the basement with media room, laundry and plenty of storage. Great Westside location close to Vancouver's best golf courses, the airport, and Downtown. Call today for a private appt.
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I have sold a property at 501 9188 UNIVERSITY CREST in Burnaby.
Altaire - Welcome to the University Living, the sunlight and the panoramic mountain view! Built by Polygon, this 2 bedroom 2 bathroom corner unit is NW facing with lots of sunlight. Enjoy the spacious living room and dining area with expansive floor-to-ceiling windows, granite countertop, large kitchen island, stainless steel appliances, solid cabinets, and finishings throughout. Sit back and enjoy this freshly painted condo in a very private setting. Features include, gym and bike room. 5 min walk to SFU campus, restaurants, and transit. 1 parking and 1 storage included. Worry free with balance of 2-5-10 warranty. Move in ready or rent out! OPEN HOUSE NOVEMBER 16TH 2-4PM.
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I have sold a property at 1193 PARKBLUFF LANE in No City Value.
HIGH POINTE, Kelowna's premier address, an ideal place to build your dream home! Enjoy incredible lake, city &valley views. Large 1+acre lot with a marvelous South West exposure. Serene private setting with an abundance of green space, yet only minutes to all levels of city conveniences. Ideal location with breathtaking lake, city, and valley views -enjoy the very best the Okanagan Valley has to offer!! * Secure, gated community * No time line to build *large percentage of site devoted to natural and green space * Access to trails, near Knox Mountain Park * Very low development density * MUCH MORE THAN JUST AN IMPRESSIVE ADDRESS!
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This month's Real Estate Board video is a year end re-cap for 2014. The statistics gathered in the last 10 years shows 2014 was a typical year for Buyers and Sellers.
Looking back since 2005 sales and listings ranked at 5th place for last year. Home sales did rise a significant 16.1% from 2013 and 32.3% from 2012. Listings in the Greater Vancouver Region increased by 2.4% from 2013 and decreased 4%from 2012.
Last year the benchmark home price increased 5.8% over all residential dwellings in the Greater Vancouver Region, making the average home price $638,500.
For more on about home prices specific to your residential type and neighbourhood please watch video below or contact me!
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Are you thinking of purchasing your first home? Purchasing a home is a big decision and a major financial commitment.


Did you know that the Economic Action plan includes a First-Time Home Buyers’ Tax Credit (HBTC) to help?


The HBTC assists first-time home buyers with the costs associated with the purchase of a home, such as legal fees, disbursements and land transfer taxes, which are a particular burden for first-time home buyers, who must also save for a down payment.


Watch the video below to find out if you are eligible to claim this $5,000 tax credit.


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