For Qualicum Beach, Parksville and area real estate, the most commonly sold single family home is a 3 bedroom, 2 bath, rancher/bungalow with a 2-car garage and mountain view on about a 0.2 acre lot.
Average sale pricing for the past few years is in the range of $750K to $850K(2022). The median sale price is $820,000(2022). Homes usually sell in 2 to 3 months, depending on the market.
Read more about the area’s single family homes.
The VIREB buyer survey indicates the most common buyer likes as being: mild winter, low rainfall, gardening, golf, walks, beaches, boating, skiing, small town Qualicum Beach village atmosphere, Fairwinds topography, safe, close proximity to: airports, ferry, Victoria, Vancouver, Nanaimo, West Coast and Gulf Islands.
It’s important to realize that for every home sale in BC there is an average of $60,000 spent in spinoffs in home renovations, new appliances, etc.
For every new home built in BC there are about 3 full-time jobs generated each year. Overall, the housing industry is very important to the BC economy.