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B.C."S HOUSING mar- ket continues to respond to what British Columbia Real Estate Association (BCREA) president Jim McNeal refers to as normal mar- ket conditions.

“The feverish pace of 15 to 20 months ago has gone out of the market,” McNeal contends. “The properties that are moving now, are those that are well-priced for their local market. Properties that are priced above market value, because

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the seller wants to recoup renovation or decorating costs that were incurred for personal use and pleasure at the time, may not attract the buyers the seller is hoping for.”

McNeal adds: “A good guide to pricing is the com- parative market analysis (CMA) realtors prepare for their sellers. This gives the recent selling prices of com- parable homes in the seller's area, Using that guide, and taking into consideration the features unique to the sell- er’s property, the seller and the realtor can come to the

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probable market price. That price may not include the $75 per roll wallpaper in the dining room, but it will reflect the property's total worth on the market.”

McNeal cautions that the selling prices shown here are based on monthly aver- ages and can be skewed by the types and prices of the propertics that sold during the month. “The average prices can be used as a guide,” McNeal says, “but a realtor, using the CMA, can give sellers and buyers the most accurate local market price.”

Friday, November 11, 1994 - North Shore News - 81

GLENROBIN

P L A C FE

ABSOLUTELY

coo GUARANTEED

REALTY **149,900!"*

Fabulous, affordable Emerald Manor! Totally updated 2 bedroom on West side of bidg. Private and sunny huge patio fac- ing gardens of Hamersley House. Hot water heat incl. in maint. Secured parking. Amenities incl. rooftop deck & rec. room. Rentals/pet OK.

#118-360 E 2ND

Outstanding Opportunity for

First Time Home Buyers )Excellent Investment Potential bLocated in the Heart of Burnaby »Private Park Setting on 16 Acres »Outdoor Pool In suite Storage er Laundry dInvest in Burnaby

Group - Westmar Realty

‘A PERFECT PLACE

_ TO START APARTMENT HOMES

1 BDRM 850 Sq.Ft........ .. SOLD 2 BDRM 871-909 Sq.Ft. ......... $99,900 3 BDRM 1043-1276 Sq.Ft........ $116,900 4 BDRM 1313 Sq.Ft..........+ + $132,900

TOWNHOMES

3S BATM....ccccesececeee

1 bdrm suite in popular ‘Ocean | Vista’! Both suite and building | have been tastefully renovated! Great location. Walk to Seabus and Lonsdale Quay! South-west view! Great amenities! Terrific f assumable financing!

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JEREMY LEEVERS 984-9714 $129,900

ATWO BDRM WITH VALUE #317 - 3080 LONSDALE AVE. Large 2 bdrm corner suite in prime upper Lonsdale locationt } Fantastic city & harbour views! | This home has been recently § remodelled. Vacant & ready to move into now! Pertect location for | = shopping and bus. You can see § ¥ today! | JEREMY LEEVERS 984-9711

FABULOUS STARTER PRICE REDUCED!

This 3 bdrm character home is | located in exclusive Pemberton | ‘ Heights. Situated on large level § lot. This home has many unique § features such as; hardwood floors, large country kitchen, F/P, |

cove ceilings & sunroom.

KEKE

KK

For Information Go To The Sales Centre Good Selection

HURRY WHILE THEY LAST

Sales Centre 202-9080 Halston Crt. Burnaby, B.C. Open from: . 3:00 - 7:60 pm Mon. - Thurs. 1:00 - 5:00 pm Sat. & Sun.

a

North Road

KKK

2431 LLOYD AVE., Call Myette for details ROR La MYETTE RAYNES 984-9711 Sussex Group ~ S.R.C. Realty Corporation Lonsdale Office 984-9711

GUENROBIN

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Govt. SLR, Guitdwoed Dr. Halston

* :

Shaffin Sunderji Re/Max Prominent Realty

KKK