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Homes for Sale in Fort St. John, BC Offer a Huge Potential for Profit

Posted on April 8, 2015 by Scott Sauer
Posted in: industry News With massive projects popping up left and right, people are starting to move into the Fort St. John community at a speedy pace. Workers transferring into the city need accommodation, and the real estate market is the first order of business for most of these professionals. Housing will have to keep up with demand, which can cause house prices to rise even more.

According to stats released by the B.C. Northern Real Estate, homes in Fort St. John cost over $400,000 on average in 2014. From January to October last year, homes for sale in Fort St. John, BC averaged a whopping $414,445, yielding a $43,710 increase from the previous year’s rate during the same period.

Petronas wants its Prince Rupert facility in operation by 2019. An expected offshoot of this is that housing prices in Fort St. John are going to skyrocket. Those who would like to own a piece of property in the area should therefore realize that now’s the time to invest in homes for sale in Fort St. John, BC.

Potential investors stand to benefit the most from working with prolific a REALTOR® like Scott Sauer. Real estate agents such as he have honed their craft from many years of experience in the business, so they’ll know what to expect and how to navigate the Fort St. John real estate market adeptly. They’ll also know the area you’re interested in like the back of their hand. Suffice it to say, these agents will be armed with the expertise you need to help you get the best price for the properties you’re looking to invest in.

(Source: Northern communities scramble to upgrade roads, bridges for LNG, Business in Vancouver, Nov. 11, 2014)

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LNG Prospects Bolster Demand for Fort St. John, B.C. Homes for Sale

Posted on February 10, 2015 by Scott Sauer
Posted in: Industry News

A drop in global oil prices may favor consumers, but it also cuts the revenue of companies and oil-producing countries. It has considerable implications, for instance, on Canada, the world’s fifth largest oil producer, where the oil and gas industry contributes around $50 billion to the national economy. B.C. Premier Christy Clark remains optimistic, however. During the recently concluded B.C. Natural Resource Forum in Prince George, Clark expressed her belief that adapting to these changes will help the local energy industry resist fluctuations in oil prices. It is also worth noting that other natural resource sectors like liquefied natural gas (LNG) are growing strong.

The province has plans to export LNG to Asia via Malaysian oil and gas giant PETRONAS. It may take a while before the project kicks into high gear, but Clark wants to make sure everything is covered, e.g. fulfilling environmental requirements, consulting First Nations, investing in major preparations, and so on.

The Fort St. John area, in this case, will be a key player. The Montney Basin, which stretches along the Rocky Mountains as far as eastern Alberta, contains an estimated 449 trillion cubic feet of extractable natural gas, enough to supply Canada alone for 145 years. From there, LNG will be transported via pipelines connected to the coastal areas like Prince Rupert and Vancouver.

As numerous construction and oil rig jobs are generated, this city in the Rockies will be bustling with even more economic activity. More workers and their families will pour into the city, increasing demand for basic necessities such as new homes for sale in Fort St. John, B.C. People who seek suitable investment properties are also expected to take note of these developments.

Top REALTORS® like Scott Sauer are in the best position to help buyers and investors find the right homes in Fort St. John, primarily by conducting a comparative market analysis (CMA). By determining how homes fare in a localized setting, sellers can derive the right price for a certain property. The CMA uses data from as early as last year and covers pocket markets (i.e. one’s prospective property as well as houses on the next street).

Those looking to invest in the thriving housing market that is Fort St. John and surrounding areas can use CMAs to their advantage. The result reflects a win-win situation: the buyer will see the value as fair, while the seller is able to use his home equity to look for a new and even larger residence. At any rate, those who seek the kind of homes for sale in Fort St. John, B.C. that make for cash flow positive investments would do well to work with a trusted REALTOR® like Scott Sauer.

(Source: "Clark confident in LNG future," The Prince George Citizen, January 22, 2015) Agricultural Ventures

Energy Projects

Real Estate Opportunities

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Conservative MPs 'hiding' Conditions not met

'Will not be built' More permits needed before construction can start Now Is a Good Time to Work with a Fort St. John Real Estate Agent

Posted on February 16, 2014 by Scott Sauer

The Fort St. John and Northeast BC economic outlook is outstanding. Most of BC throughout 2013 experience population declines; the Northeast is growing and bursting at the seams. New home construction can not keep up with demand, retailers are short of staff and heavy industry is moving full steam ahead. Fort St. John is the economic heart of BC producing huge royalty's for the government from all the natural resource extraction in the Montney play. This has had a huge influence on historic high BC Assessment values, up 10.3% year over last. In this rising real estate market there is good news for first time home buyers.

"The real estate sector has been lobbying for tax relief, and there was a relatively small break announced in the provincial property transfer tax for eligible first-time home buyers. Those who qualify could save up to $7,500 on buying their first house, as long as that property is acquired for $475,000 or less, up from the previous threshold of $425,000."

With prices on the rise and good homes hard to find, it is crucial to have a market expert in your corner. I work with RE/MAX Action Realty in Fort St. John and my office sells around 60% of all the homes in town, dominating the local market. To have the inside edge on new hot listing and deals in Fort St. John real estate, contact me today 1-250-794-1515 cell. If you are a first time home buyer, I will explain to you all the government grants and RRSP programs available to you, saving you money on your home purchase. If you have purchased real estate before and are in the process of finding a different home, investment property or expanding your business I can help. With 10 years experience and 700 sales under my belt I will give you the right advice to help you achieve your goals. You may be surprised to find out what your home is worth, call me for a free no obligation market evaluation. Residential real estate in Fort St. John is a great investment and the city is a vibrant place to call home.

(Source: B.C. pegs population growth to rebounding economy, The Globe and Mail, February 8 2014)

Fort St. John Real Estate Market Goes through a Construction Boom

Posted on January 21, 2014 by Scott Sauer

The Fort St. John real estate market is experiencing a massive construction boom. According to CBC British Columbia, 30 construction permits—with a combined value of 18 million dollars—have been handed out so far. As of May 7, 2014, 25 new homes have been built, more than double that of the same period last year.

What’s behind this construction boom? you may well ask. Plenty. Among the most prominent, there’s the recent discovery that British Columbia is sitting on a vast natural gas deposit. There’s also the impending approval of the BC Hydro Site C dam, and Canadian forest products company Canfor’s plan to spend $30 million for the improvement of its Polar sawmill at Bear Lake. Frank Peebles of Business Vancouver expounds on the last:

"Canfor will invest $30 million at its Polar facility in Bear Lake, north of Prince George, to replace the existing sawmill and to produce higher-value products, company officials said Wednesday at the company's annual general meeting in Prince George.

Canfor will also pump $6 million into its Fort St. John sawmill's log yard stabilization project.

The two announcements were the highlight of the meeting, which was held in Prince George for the second year in a row."

With all the good news coming in, it’s time for you to take advantage of the booming Fort St. John real estate market. Timely and accurate advice can save you thousands of dollars according to local REALTOR® Scott Sauer with Re/Max Action Realty. Whether you’re buying or selling a home in the area Scott will be of immense help. Education and experience

R.H. Grant, a Canadian politician, once said, “When you hire people who are smarter than you are, you prove you are smarter than they are.” Real estate is a complex landscape, but with an experienced and educated professional like a REALTOR®, you can navigate its avenues with ease.

Area knowledge

A REALTOR® possesses in-depth knowledge about the neighborhood a property sits in, including the type of schools, the crime rate, or the demographics. He can pass the information to you, and even identify comparable properties for your benefit.

Price guidance

A REALTOR® guides clients to make the right monetary choices for themselves. A selling REALTOR®, in particular, can supply buyers like you the real estate data you need, help you weigh your options, and choose a price that works for your budget.

All these services and more makes a REALTOR® like Scott Sauer your greatest real estate ally.

(Source: Northern B.C.'s Canfor mill set for $30-million upgrade, Business Vancouver, May 2, 2014)
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