Renting Versus Buying in Prince George, BC
It’s an age-old argument. Which is better? Renting or buying? With the cost of real estate becoming so high in Canada’s big cities, renting can sometimes be more attractive than buying when you consider mortgage costs and all of the other expenses...
Featured Neighbourhood: Millar Addition
The Millar Addition is a downtown neighbourhood with picturesque surroundings that include the Fraser River, Fort George Park and Connaught Hill. History One of Prince George’s oldest neighbourhoods, it is named after Charles Vance Millar, a Toronto lawyer and...
How To Prepare for an Open House
Open houses can be a great way to get your home noticed. At Team Powerhouse Realty, our Realtors® can advise you as to whether holding an open house would be a good tactic for marketing your home. When prospective buyers walk in the door, there are a few things you...
Selling Your Home in the Winter
Selling a home in the winter months might seem like a bad idea, but as Realtor® Caitlin Radzanowski explains, there are some definite advantages of selling a home during this season, even in snowy Prince George, BC! “Any time of the year can be a good time to...
Tenant Occupied Properties
If you’re thinking about buying a rental investment property, you may find yourself considering a property that has existing tenants. As a buyer, particularly if this is your first time as a landlord, it can be hard to know whether existing tenants are going to be an...
Moving House in the Winter
Prince George, BC is a city with four distinct seasons. We welcome the snow on the slopes and the ice on our outdoor rinks, but it’s not so helpful when you’re dragging your mattress out of the front door during a winter move. With fewer people moving house in...
Why You Should Consider Investing in Commercial Real Estate
For many people, the decision to invest in commercial or residential real estate is a financial one. Commercial real estate usually requires a much larger initial investment. Yet, there are many investors who can afford to make the jump into commercial real estate,...
Renewing Your Mortgage
The biggest single monthly payment most Canadians have is their mortgage. Interestingly though, not everyone bothers to shop around when their current term expires. They just automatically renew their mortgage with the same lender. Here are a few tips to remember when...
6 Condo Buying Tips
Condos are a popular choice for many home buyers, particularly retirees and young professionals. If you’re thinking of buying a condo in Prince George, BC, contact a Realtor® at Team Powerhouse Realty and consider our condo buying tips: 1. Check your financing...
How To Compete in a Bidding War
According to a 2014 Globe and Mail article, more Canadians are willing to go into a bidding war to buy a home than ever before. Respondents in BC and the Prairies ranked the highest, with 38% in both provinces claiming they would consider it. If you find...
Downtown, the Suburbs or Country Life?
One of the biggest decisions home buyers make is deciding whether to live downtown, usually closer to work and most major amenities, in the suburbs, with a little more space but a longer commute, or in the surrounding countryside. The City of Prince George and...
What Does it Take to Become a Realtor®?
Mark McVey and Cam McLeod are at the offices of the BC Northern Real Estate Board this week teaching new Realtors® how to become great Realtors®. We thought it would be a good opportunity to explain what’s involved in getting a real estate licence, so the next time...
Residential Rental Investment Opportunities
In a previous blog post, we outlined the benefits of investing in rental properties. Once you decide to take the plunge, there are many great opportunities to explore within the residential real estate market. So many, in fact, that we’ve asked Realtor® Keven Braet to...
The Biggest Mistake First Time Buyers Make
Most of us dream big. That’s great, but it can also be a huge mistake, Realtor® Rick Mayhew explains, when first time buyers begin looking for a home. “Most want the big house with the yard and the fence,” Rick says. It can be very disappointing when people...
Boundary Road: PG’s Newest Light Industrial Park
Prince George locals may be familiar with the newly built Boundary Road that bypasses the city core, but few people realize the significance of the development happening around it. Boundary road travels through 2,500 acres of land that is being transformed into one of...
Featured Neighbourhood: College Heights
Southwest of the downtown core, this suburban neighbourhood is often divided into two areas: Upper and Lower College Heights. High demand College Heights was originally developed in the 1950s, but thanks to a combination of nearby amenities and a short drive to...
How To Renovate for Resale
Not all renovations add economic value to your home. If you’re renovating with an eye to resell, here are a few pointers: Follow the trends Updates should be in line with current trends. Buyers will have a hard time seeing the value in a new kitchen they don’t...
Should I Invest in a Rental Property?
The relatively low cost of housing in Prince George compared to income levels means investment properties are within reach for many people in the real estate market. But are rental properties always a good investment? “We are one of the most affordable...
Selling Your Country Home
You are the proud owner of two beautiful acres overlooking the Nechako River. Your home is private, surrounded by trees and the sounds of nature. You have ATV trails on your property. You have a resident moose. You cannot imagine why anyone wouldn’t want to live here....
Featured Neighbourhood: Crescents
"City Beautiful" The Crescents is one of Prince George’s most distinctive downtown neighbourhoods, featuring heritage homes on semi-circular concentric streets. The unusual road layout was featured in Prince George’s very first townsite plan, influenced by the “City...
6 Steps To Buying A Home
6 Steps To Buying A Home For first time buyers or those who haven’t been in the housing market for a while, hunting for the perfect home can quickly become confusing and stressful. We’ve broken the whole process down into six simple steps to give you an idea of what...