What’s Happening in Today’s Market? September 2022
We have a recurring theme here in the real estate market here on Quadra Island, and that’s LOW INVENTORY. After consecutive years with very few properties on the market, and a growing pool of buyers, prices went up once again this year on Quadra Island. We currently only have 10 listings on the market and here are some details:
Lot 25 Wa Wa Kie Rd is a 0.4 acre walk-on waterfront lot on a desirable street close to amenities priced at $549,000. This just recently had a $50,000 price reduction.
DL24 Schooner Rd is an 11.29 acre subdivideable inland parcel and is priced at $749,000. It also recently had a $50,000 price reduction.
SINGLE FAMILY DWELLINGS
There are 8 properties in this category but unfortunately only 3 of them are priced under $1 million. I will list them in order of price.
1550 Schooner Rd is a half acre property which is commercially zoned. Residential use is only permitted secondary to commercial use. There is a spacious 2750 + 370 sq ft commercial building, a 420 sq ft garage, as well as a 2 bedroom suite upstairs. There really are endless options for this space and it’s in a great area! This property is priced at $859,000. I’m surprised it’s still available!
180 Sundance Rd is on a rare 10 acres (haven’t seen many of these for sale over the past few years!) and likely won’t last long. It’s on ALR land which, if you look up permitted uses in the ALR online (I can send you the link if you’re interested), allows for many possibilities. This one has a cute 1300 sq ft 2 bedroom home built in 2008 with in-floor radiant heat and a wood stove. You can now request permission for a second dwelling on ALR land so another house is possible here! This one is priced at $975,000.
1641 Thompson Rd just had a price reduction today, from $1,103,000 to a revised price of $998,000. The home has 2066 sq ft of finished living space with an additional 2053 sq ft of unfinished space to grow into. It also has a 525 sq ft cabin and a shop and the property is on 5.6 acres.
681 Bull Rd is a waterfront property in Heriot Bay and has a revised price of $1,049,000. This one is on 0.61 acre with a 2 bedroom home and a new 1200 sq ft shop. The home has many updates including a new septic system.
745 Anderson Rd has panoramic ocean view and is close to amenities in Quathiaski Cove. It is a very spacious 4 bedroom, 5 bathroom, 4871 sq ft home including a self-contained suite on 1.19 acre. It also has an overheight garage. $1,499,000
2095 Breton Rd has a revised price of $2,950,000 (from $3,500,000) and is a waterfront 5 acre property on Open Bay with a 3500 sq ft home and cabin. The house was built in 1991.
2011 Valdes Rd is back on the market with a new price of $5,100,000. This one is also on Open Bay and is located on a 5 acre peninsula with a tennis court.
2100 Redonda Dr $5,788,000 is back on the market and is also on Open Bay on a 6 acre waterfront lot with main home, cabin, and dock.
Click the Property Search link at the top of this web page to view all of the listing data and photo galleries!
If you would like to book a showing for any of these properties please email me or give me a call or text email@example.com //250-203-8652// I can also send you available property documents.
**UPDATE** from September 14th:
2100 Redonda has been taken off the market
NEW LISTING 2639 Cherrier Road – house and cabin on 2.6 acres in the Bold Point area/north Quadra Island
NEW LISTING 675 Cove Cres $669,000 – cute 3 bedroom newly built home on mini-lot within walking distance of shops and the ferry in Quathiaski Cove
(If you’re curious about sales, Quadra Island had 11 properties sell or go “pending” over the past 90 days. For detailed sales info please call or email me.)