As of 2024, the average home price in The Comox Valley is around $702,214. However, the actual price of a home can vary greatly depending on the neighbourhood, size of the home, and other factors.

We highly value our customers' experience and our services are designed to address first and foremost your needs. We understand that selling a home may be a difficult and stressful experience, so our goal is to turn this experience into a pleasant one. We are professional real-estate team that has a solid understanding of the market conditions and we have a wide marketing network for your listing.  

The amount you need for a down payment on a home in The Comox Valley will depend on the purchase price of the home and the type of mortgage you are using. Some buyers can qualify with a down payment of as little as 5%, but a larger down payment can lower your monthly mortgage payments. Please consult with your mortgage broker this is not mortgage advice.

You can find the current mortgage rates in The Comox Valley by following this link to RBCs offered rates! https://www.rbcroyalbank.com/mortgages/mortgage-rates.html

The closing costs when buying a home in The  Comox Valley can include fees for legal services, property transfer tax, inspections, and movers among many other variables depending on your due diligence path and Realtor's advice.

The steps involved in buying a home in The Comox Valley include finding a real estate agent, getting pre-approved for a mortgage, searching for homes, making an offer, doing your due diligence, and closing the sale. Please keep in mind there are plenty of micro steps in between these steps which is why picking a competent Realtor is crucial,

To get pre-approved for a mortgage in The Comox Valley, you will need to provide information about your income, debts, and assets to a lender. The lender will then review your information and let you know how much you are eligible to borrow. Please keep in mind this is not mortgage advice and each lender can have their own unique process.

When viewing potential homes in The Comox Valley, you should look for things such as the condition of the home, the size of the rooms, the layout of the home, and the location. You should also consider factors such as the age of the home, the condition of the roof and other major systems, and the potential for renovations or upgrades. Again, many other things to consider so find a Realtor that will cover all of the bases for you.

The pros of buying a condo in The Comox Valley are subjective but may include lower maintenance costs, access to amenities such as a gym or pool, and a potentially lower purchase price. The cons of buying a condo (also subjective) may include potential noise from neighbour's, less privacy, and a smaller living space. The subjective pros of buying a house in The Comox Valley may include more privacy, more living space, and potentially higher resale value. The subjective cons of buying a house may include higher maintenance costs and potentially higher purchase prices.

Yes, there are first-time homebuyer incentives and programs available in The Comox Valley, including the First-Time Home Buyer Incentive and the Home Buyers' Plan. These programs can help first-time homebuyers with down payments and other costs associated with buying a home. Contact your Mortgage Broker today to find out if you qualify!