Jennifer Clancey Real Estate Team : Royal LePage

We have sold a property at 317 83 STAR CRES in New Westminster

Posted on January 28, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Queensborough, New Westminster Real Estate

We have sold a property at 317 83 STAR CRES in New Westminster. See details here

Discover The Residences By The River, ideally situated on Lulu Island's tip. This immaculate building offers worry-free living with a proactive strata, mere steps from Port Royal's sandy beach and a scenic 1.3 km river walk. The unit exudes an urban Yale ambiance with an inviting open-concept layout seamlessly connecting the kitchen, dining, and living areas. Bedrooms are strategically placed for privacy, while the spacious master boasts a walk-in closet and room for a king-size bed. Enjoy stunning views of the Quay and Fraser River, visible from every room. Embrace the friendly neighborhood vibe, complete with a community garden and dog park. With an easy commute to Vancouver and proximity to all amenities, The Residences By The River is New West's best-kept secret—be part of it!

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How Smart Home Features Can Elevate Your Property’s Value

Posted on January 27, 2025 by Jennifer Clancey & Colleen Fisher

In today's rapidly evolving real estate market, homeowners and potential buyers are constantly looking for ways to enhance property value. One emerging trend is the integration of smart home technology. But do these modern upgrades boost a home’s resale value? The answer is a resounding yes, though there are certain nuances worth considering.

The Value of Smart Home Upgrades
Recent studies, including insights from the National Association of Realtors (NAR), suggest that smart home features can potentially increase a home's resale value by up to 5%. This is particularly evident in markets where tech-savvy buyers are prevalent. Smart thermostats, security systems, and eco-friendly lighting are among the features that not only appeal to the convenience factor but also to energy efficiency, which is increasingly on buyers' radar.

ROI of Smart Technologies vs. Traditional Renovations
While traditional renovations such as updating kitchens and bathrooms still hold significant value, smart technology enhancements are carving out their niche. The return on investment (ROI) for smart upgrades can be substantial, but it isn’t as predictable as more conventional home improvements. Factors influencing the ROI include the type of technology installed, the integration within the home, and the market’s familiarity and comfort with smart home capabilities.

Considerations for Sellers
If you’re considering selling your home and have invested in smart technologies, it's essential to distinguish between removable and fixed smart features. Removable items like smart TVs and portable appliances can travel with you to your next home. However, built-in components such as smart ovens and integrated refrigerators are typically considered fixtures of the home. Removing these could necessitate replacement, which might affect the home’s market readiness and appeal.

For homeowners contemplating smart upgrades, careful planning is crucial. It’s important to assess which technologies will offer the best ROI and enhance the living experience for potential buyers. Consider consulting with a real estate professional who can provide insights into which features are most sought-after in your specific market.

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Open House. Open House on Saturday, January 25, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise - Royal Lepage Wolstencroft Langley

Posted on January 23, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Grandview Surrey, South Surrey White Rock Real Estate

Please visit our Open House at 80 16336 23A AVE in Surrey. See details here

Open House on Saturday, January 25, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise - Royal Lepage Wolstencroft Langley

SOHO by Zenterra Developments - This beautiful IMMACULATE townhome is located in the heart of Grandview Heights in South Surrey featuring 3 BEDROOMS + 3 BATHROOMS showcasing modern interior finishes with high ceilings. The open concept kitchen features quality SS appliances, gas stove, granite cabinets with soft-close features throughout, and a custom tile entertainment wall with fireplace. It also comes with a large private rooftop patio for additional living space and is perfect for entertaining. Close to all amenities, restaurants, Edgewood Park, Grandview Heights Aquatic Centre, Edgewood Elementary, Grandview Heights Secondary, and more. Shows like BRAND NEW!!

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New property listed in Annieville, N. Delta

Posted on January 22, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Annieville, N. Delta Real Estate

New property listed in Annieville, N. Delta

We have listed a new property at 11269 89 AVE in Delta. See details here

Lovingly maintained by the ORIGINAL OWNERS, this CUSTOM-BUILT (Larry Bourne Homes) 4 BEDROOM home is ready for its next chapter! Tastefully updated in 2023 with WIDE PLANK vinyl flooring throughout, new baseboards, elegant lighting fixtures. Enjoy a custom white kitchen with quartz counters with stylish gold accents, a pantry, and SS appliances. The unique floor plan features a spacious family room off the kitchen, 2 cozy gas fireplaces, and ample storage. The carport has been converted to a BREEZWAY with a storage/workshop space. PLUS, there’s a separate entrance offering suite potential. Enjoy the fully fenced, private backyard with lush greenery. Move-in ready for families or a fantastic opportunity for investors/ builders! Zoning allows for duplex.

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Open House. Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Jackie MacDonald, Royal Lepage Wolstencroft Langley

Posted on January 17, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Langley City, Langley Real Estate

Please visit our Open House at 4978 196B ST in Langley. See details here

Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Jackie MacDonald, Royal Lepage Wolstencroft Langley

Located on a peaceful no-through street by High Knoll Park, this beautifully updated 4-bed, 3-bath home boasts 2,293 sq. ft. of living space on a 7,211 sq. ft. lot. The open-concept design features high-end laminate flooring, two fireplaces, and a newer furnace. The spacious primary suite includes a luxurious ensuite, brand-new carpets, and a walk-in closet. The modern kitchen offers ample storage, while the bathrooms are tastefully updated. Enjoy the large covered deck and patio in the generous outdoor space. The home also includes a metal roof, double garage, and mudroom for added convenience. Amazing location and close to everything!

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New property listed in Grandview Surrey, South Surrey White Rock

Posted on January 15, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Grandview Surrey, South Surrey White Rock Real Estate

New property listed in Grandview Surrey, South Surrey White Rock

We have listed a new property at 80 16336 23A AVE in Surrey. See details here

SOHO by Zenterra Developments - This beautiful townhome is located in the heart of Grandview Heights in South Surrey featuring 3 BEDROOMS + 3 BATHROOMS showcasing modern interior finishes with high ceilings. The open concept kitchen features quality SS appliances, gas stove, granite cabinets with soft-close features throughout, and a custom tile entertainment wall with firepace. It also comes with a large private rooftop patio for additional living space and is perfect for entertaining. Close to all ameneties, restaurants, Edgewood park, Grandview Heights Aquatic Centre, Edgewood Elementary, Granview Hieight Secondary and more.

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Open House. Open House on Saturday, January 18, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal Lepage Wolstencroft

Posted on January 15, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Grandview Surrey, South Surrey White Rock Real Estate

Please visit our Open House at 80 16336 23A AVE in Surrey. See details here

Open House on Saturday, January 18, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal Lepage Wolstencroft

SOHO by Zenterra Developments - This beautiful townhome is located in the heart of Grandview Heights in South Surrey featuring 3 BEDROOMS + 3 BATHROOMS showcasing modern interior finishes with high ceilings. The open concept kitchen features quality SS appliances, gas stove, granite cabinets with soft-close features throughout, and a custom tile entertainment wall with firepace. It also comes with a large private rooftop patio for additional living space and is perfect for entertaining. Close to all ameneties, restaurants, Edgewood park, Grandview Heights Aquatic Centre, Edgewood Elementary, Granview Hieight Secondary and more.

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Open House. Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal Lepage Wolstencroft

Posted on January 15, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Grandview Surrey, South Surrey White Rock Real Estate

Please visit our Open House at 80 16336 23A AVE in Surrey. See details here

Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal Lepage Wolstencroft

SOHO by Zenterra Developments - This beautiful townhome is located in the heart of Grandview Heights in South Surrey featuring 3 BEDROOMS + 3 BATHROOMS showcasing modern interior finishes with high ceilings. The open concept kitchen features quality SS appliances, gas stove, granite cabinets with soft-close features throughout, and a custom tile entertainment wall with firepace. It also comes with a large private rooftop patio for additional living space and is perfect for entertaining. Close to all ameneties, restaurants, Edgewood park, Grandview Heights Aquatic Centre, Edgewood Elementary, Granview Hieight Secondary and more.

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Open House. Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Jennifer Clancey of Royal Lepage Wolstencroft Langley

Posted on January 15, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Aberdeen, Abbotsford Real Estate

Please visit our Open House at 27888 LEDUNNE AVE in Abbotsford. See details here

Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Jennifer Clancey of Royal Lepage Wolstencroft Langley

This is the home you have been waiting for! Quality craftsmanship on a quiet street. Bright and modern main floor offers a great room plan with a BEAUTIFUL kitchen. Gourmet maple cabinetry, huge island, SS Appliances, quartz counters, and separate SPICE KITCHEN equipped with appliances. Enjoy the spacious living room with gorgeous stone fireplace feature, coffered ceilings, and plenty of light. The back offers a generous covered deck, fully fenced yard, and a fully wired workshop space. 4 bedrooms up, every bedroom with its own ensuite. Primary offering a spa like ensuite, vaulted ceilings, and W/I Closet. Fully finished basement, offering a rec room, laundry, separate entrance, and space for the in-laws! BONUS:Air conditioning, security system with cameras, and 220 in garage for EV!

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New property listed in Langley City, Langley

Posted on January 14, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Langley City, Langley Real Estate

New property listed in Langley City, Langley

We have listed a new property at 4978 196B ST in Langley. See details here

Located on a peaceful no-through street by High Knoll Park, this beautifully updated 3-bed, 3-bath home boasts 2,293 sq. ft. of living space on a 7,211 sq. ft. lot. The open-concept design features high-end laminate flooring, two fireplaces, and a newer furnace. The spacious primary suite includes a luxurious ensuite, brand-new carpets, and a walk-in closet. The modern kitchen offers ample storage, while the bathrooms are tastefully updated. Enjoy the large covered deck and patio in the generous outdoor space. The home also includes a metal roof, double garage, and mudroom for added convenience. Amazing location and close to everything!

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Open House. Open House on Saturday, January 11, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal LePage Wolftoncroft

Posted on January 6, 2025 by Jennifer Clancey & Colleen Fisher

Posted in Aberdeen, Abbotsford Real Estate

Please visit our Open House at 27888 LEDUNNE AVE in Abbotsford. See details here

Open House on Saturday, January 11, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal LePage Wolftoncroft

This is the home you have been waiting for! Quality craftsmanship on a quiet street. Bright and modern main floor offers a great room plan with a BEAUTIFUL kitchen. Gourmet maple cabinetry, huge island, SS Appliances, quartz counters, and separate SPICE KITCHEN equipped with appliances. Enjoy the spacious living room with gorgeous stone fireplace feature, coffered ceilings, and plenty of light. The back offers a generous covered deck, fully fenced yard, and a fully wired workshop space. 4 bedrooms up, every bedroom with its own ensuite. Primary offering a spa like ensuite, vaulted ceilings, and W/I Closet. Fully finished basement, offering a rec room, laundry, separate entrance, and space for the in-laws! BONUS:Air conditioning, security system with cameras, and 220 in garage for EV!

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New Mortgage Refinancing Rules to Help Homeowners Build Secondary Suites

Posted on January 2, 2025 by Jennifer Clancey & Colleen Fisher

The federal government has announced significant changes to mortgage rules, kicking off the new year with initiatives aimed at addressing Canada’s housing shortage. One of the most impactful updates is a new program designed to support the creation of secondary suites, offering homeowners increased flexibility and opportunities.

Starting January 15th, 2025, you can refinance up to 90% of your home’s value through default-insured mortgages to build secondary suites—an excellent way to increase long-term rental supply while offsetting rising mortgage costs.

Important details of the refinancing program include:

Maximum loan to value (LTV) – The LTV ratio can be up to 90% of the “as improved” property value, with the total property value capped at $2 million
Maximum amortization period – The maximum amortization for this refinancing is 30 years, allowing borrowers to spread payments over a longer term
Number of units – Homeowners can have up to four units on their property, including the existing one
Self-contained units – Each secondary suite must be a fully self-contained unit, meaning it has separate living facilities, such as a private entrance, kitchen, and bathroom. This ensures compliance with municipal zoning requirements
No short-term rentals – The additional units must be long-term rentals, not used for short-term rental purposes such as Airbnb

Recent Changes to Keep in Mind

As we move into 2025, here’s a quick recap of three important mortgage changes that took effect late last year, bringing significant benefits for homeowners and homebuyers:

Stress-Test Rule Changes: As of November 21, 2024, homeowners switching lenders at mortgage renewal are no longer subject to stress-test rules, which previously added a 2% rate surcharge when qualifying for a mortgage. This change encourages competition among lenders, potentially leading to better rates and terms for borrowers.
Higher Insured Mortgage Limit: On December 15, 2024, the insured mortgage limit increased to $1.5 million, expanding access for Canadians in high-priced housing markets. This change helps more borrowers qualify for a mortgage with a down payment below 20%, up from the previous $1 million cap set in 2012.
Expanded Access to 30-Year Amortizations: Also effective December 15, 2024, 30-year amortizations are now available to all first-time homebuyers and buyers of new builds, including condos, helping to reduce monthly payments and improve affordability.

West Coast Broker- Shannon Mayhew
Mortgage Broker

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We have sold a property at 317 83 STAR CRES in New Westminster

How Smart Home Features Can Elevate Your Property’s Value

Open House. Open House on Saturday, January 25, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise - Royal Lepage Wolstencroft Langley

New property listed in Annieville, N. Delta

Open House. Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Jackie MacDonald, Royal Lepage Wolstencroft Langley

New property listed in Grandview Surrey, South Surrey White Rock

Open House. Open House on Saturday, January 18, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal Lepage Wolstencroft

Open House. Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal Lepage Wolstencroft

Open House. Open House on Sunday, January 19, 2025 2:00PM - 4:00PM Hosted by Jennifer Clancey of Royal Lepage Wolstencroft Langley

New property listed in Langley City, Langley

Open House. Open House on Saturday, January 11, 2025 2:00PM - 4:00PM Hosted by Paige Hurtubise of Royal LePage Wolftoncroft

New Mortgage Refinancing Rules to Help Homeowners Build Secondary Suites

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JENNIFER CLANCEY real estate TEAM