Guy Saddy, BC Business, June 2019
From Vancouver Island to the Okanagan, sales of vacation home appear to be enjoying a resurgence in BC. If you’re in the market for that perfect getaway, here’s what you need to know.
Surrounded by snow-covered evergreens and almost glowing from the reflected light of the setting sun, the gleaming white cottage looks as if it emerged organically from its setting.
Rudy Nielsen, 2019 Investors Guide – Western Investor, April 2019
British Columbia is a desirable province to invest in land, because unlike other provinces, it doesn’t have foreign restrictions on recreational land purchases. We continue to see high demand for recreational properties, from small lots to waterfront parcels to large ranches.
British Columbia is big, but there’s actually a limited amount of land available. Only 5 per cent of land is privately owned.
Rudy Nielsen, Western Investor, May 2, 2018
Don’t wait to buy land, buy land and then wait. I first learned the importance of that saying in 1964 as the youngest realtor in Prince George. I still believe it today.
My career as a realtor has taught me how profitable and rewarding real estate can be. Having assembled development sites for large corporations such us Woodward’s and Safeway, also assembling large subdivisions,
B.C. Business, Summer 2017
2,577
That’s how many recreational properties changed hands in B.C. in 2016—a 75 per cent surge over the previous year and up almost threefold from 2011. Vacationing Lower Mainlanders may dream of ownership as they snooze on rented lakefront decks this summer, but British Columbians aren’t driving sales, says Rudy Nielsen, president of Niho Land & Cattle Co. Ltd., one of the province’s largest recreational property dealers.
Melissa Edwards, BC Business, July/August 2017
2577. That’s how many recreational properties changed hands in 2016 – a 75 per cent surge over the previous year and up almost threefold from 2011. Vacationing Lower Mainlanders may dream of ownership as they snooze on rented lakefront decks this summer, but British Columbias aren’t driving sales, says Rudy Nielsen, president of Niho Land and Cattle Co. Ltd., on of the province’s largest recreational property dealers.
Breng Jang, The Globe & Mail, Feb 13, 2017
Vancouver is awash with detached houses reaching the $1-million milestone as the affordability crisis hangs over the city and nearby suburbs.
Within city limits, 99.7 per cent of the 75,295 detached properties in Vancouver had assessed values of at least $1-million last summer, according to a new study by Landcor Data Corp., which tracks real estate in British Columbia.
Derrick Penner, Vancouver Sun, January 5, 2017
Looking across the entire Lower Mainland, it was detached homes in Richmond Brighouse neighbourhood that saw the biggest increase in 2017 property assessments, though White Rock was the biggest community to see its average assessment shoot over the threshold for the B.C. Homeowner Grant.
Those results were pulled from data provided to Postmedia by property-data firm Landcor Data Corp., which compiled neighbourhood-by-neighbourhood changes in 2017 property valuations by the B.C.
Joanne Lee-Young, The Province, January 04, 2017
Dramatic gains in assessed property values across B.C. mean twice as many homeowners as last year will no longer qualify for tax relief via the province’s homeowner grant program.
That’s because their homes are — on paper, in a snapshot captured at July 2016 — worth too much.
This year, only 83 per cent of homeowners in B.C. will qualify for a grant as the province’s program currently exists,
Mike Hager, The Globe and Mail, Jan. 04, 2017
The skyrocketing value of British Columbian homes would cut twice as many homeowners out of property-tax relief from the provincial government this year compared to last because their residences are now worth too much.
Last year, 91 per cent of all homes in the province were covered by the homeowner grant program, which offers $570 to owners of properties with an assessed value of less than $1.2-million.
Our American friends in the Pacific Northwest may have caught Rudy Nielsen on their radio on Aug 6th. He was interviewed on America Outdoors Radio by John Kruse. They talked about the ins and outs of buying recreational land in British Columbia.
To listen to the interview, click here.