Gerry Thomasen Blog
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Gerry uses a modern approach to marketing properties for sale. Various Nanaimo-related posts range from history and outdoor adventures to real estate and current events.
Gerry Thomasen Blog
1M ago
Buckle up if you like Nanaimo history, especially the history of its PLACES. In the spring of 1966, the Ministry of Transport took "dash-cam video" of many highways in BC, including through Nanaimo. The videos were released on YouTube in 2016 and I've linked to the Nanaimo one below. I have also taken SEVENTY still frames from the video and posted them below with some of my commentary and supplementary images from Streetview and other sources. If you watch the video, I recommend a desktop computer so that you can pause the video and use the "," and "." keys on the keyboard to navigat ..read more
Gerry Thomasen Blog
5M ago
When you're down at the waterfront and you look across to Protection Island - what do you see? Maybe you see only a pretty little island with homes and forests on it. But it's seen a lot more action than you'd think I could relate many historical anecdotes about Protection Island (e.g., the people hanged there in the 1850s, or the Kanoo Pavilion and Happyland, or the 1913 explosion of the Oscar) but this post is just about the Protection Island Mine itself. This was the deepest mine in Nanaimo, which isn't surprising when you consider the coal seams trend downward as they move east underneath ..read more
Gerry Thomasen Blog
5M ago
A Balancing Out The most recent peak real estate prices was in the spring of 2022. In the two years since, things have been un-dramatic; prices dropped up to 15 in some areas especially nearing the end of 2022, but they have recovered some of that value, since. There have been brief periods of very sluggish activity followed by little rallies that don't last very long. Overall the trend has been toward MUCH more inventory than we have seen in other recent years, giving buyers a chance to be choosy, to negotiate on pricing and other terms. But it's not a bloodbath; while some sellers have taken ..read more
Gerry Thomasen Blog
1y ago
It was this day in 1958 that the "Italian Centennial Fountain" was unveiled in downtown Nanaimo. A lot of people are underwhelmed by this sculpture - probably because of its location, which does nothing whatsoever to highlight the fountain's beauty. Moreover, the fountain has been fenced off with ugly temporary fencing in recent years, presumably because of vandalization and sanitary concerns related to people without homes. But really, especially when you consider that this was done on a small budget, mostly by volunteers, and that the granite blocks were mined from a boulder that ..read more
Gerry Thomasen Blog
1y ago
The City of Nanaimo has approved a development for 77 Chapel St, the site currently occupied by a parking garage behind the Nanaimo courthouse. There will be 3 buildings; one will be an apartment building that is rented out, and there will be two separate condo/townhome buildings connected by a breezeway, echoing somewhat the atrium style of the 91 Chapel building built next door a couple years ago. Underground parking 154 units total 6 storeys each, plus parking levels A few years ago, there was a development called "Marcielo" that was approved for this location; the developer ..read more
Gerry Thomasen Blog
1y ago
In my last market report (Nov11, 2022) I outlined how the market had peaked in March and declined through 2022. My post ended with "Will be interesting to see what spring 2023 will look like." It is now April 17th, 2023 and I can say that there is nothing very "interesting" (dramatic) to report - the price decline has certainly SLOWED, and has even started to reverse in some of the markets on the Island. "This could indicate that they’re bottoming out, and when the market shifts – and it always does – it usually happens without much of a warning," said Kelly O'Dwyer, chair of our real estate b ..read more
Gerry Thomasen Blog
2y ago
Real estate values in Nanaimo were on a consistent incline from at least 2014, building momentum at the end of the decade and continuing with intensity into the first months of 2022. There was at least a 3 increase from the final months of 2021 into Feb 2022. Then suddenly in March, people stopped asking to view the listings. I remember it well because I had just listed a house and there was very limited response, and my seller clients were disappointed to say the least But, it wasn’t my fault – agents across town were saying “Suddenly it’s crickets out there…” Explanations usually focus on th ..read more
Gerry Thomasen Blog
2y ago
When looking at houses, my clients will often ask me, “Would we be allowed to build a carriage house on this property?” A “carriage house” is a detached garage with a dwelling unit above it, but the term is also used more loosely to refer to any secondary suite in an accessory building (a building that is DETACHED from the main dwelling). In this article, I will go over the BASIC requirements needed for adding a carriage house in Nanaimo. This should obviously not be used as a definitive source for evaluating how the regulations will apply in any specific case General No secondary suites (deta ..read more
Gerry Thomasen Blog
2y ago
“I can sell my home easily – but where will I live?” I hear this from homeowners all the time. They see lineups of buyers with subject-free offers in hand, offering the highest prices we've ever seen. But what's the use of selling your home if you aren't certain you'll find a new home? It's a very real concern. I've worked with a lot of buyers who took many, many months before being successful with getting an offer accepted. It wasn't because they were doing anything wrong; they made competitive offers, above the asking price and usually without conditions. But the reality is that there are ma ..read more
Gerry Thomasen Blog
2y ago
It was announced in 2009, and it seemed far-fetched to me at the time. But now that a new push has been announced (on the City's "What's Building" resource), this master development feels like it could happen anytime. The Sandstone lands will span from the Nanaimo River Estuary to Cinnabar Valley, with the RDN landfill roughly in the center. (The landfill is expected to be converted to parkland some day, according to the currently published development application materials. I confess I am curious about how the smell of the landfill will be mitigated for residents nearest to the landfill, but ..read more