We are rapidly approaching the fall of 2021 after a very atypical real estate market in Comox. So what is on the market at the moment? About 43 homes that vary in asking price from $299,000 to $1.385 million. For this time of the year there are really not that many options but there are homes offered in most price ranges. However, not many in each of the price ranges makes buying the perfect home for most buyers much more challenging. Many of the homes fall in the under 1,000 square foot category until the asking price goes above about $650,000. To find a home larger than 2,000 square foot the price goes above $700,000.
There is a reasonable selection of homes in the $800,000 price point but this is an area where many buyers cannot reach. So what is one to do? Keep looking and when you see something that may work for you do not wait to go see it. If it is move-in ready be prepared to do battle in a multiple offer situation. Clearly, this part of Vancouver Island has become popular with buyers from within and outside of the local market area. While the current prices seem quite high to many local buyers they still represent good value to out-of-town buyers who are used to seeing homes listed in the $1.5 million price range and well above that level. Beyond price and value many buyers are aware of the tremendous recreational, social, and other quality of life opportunities there are in this small coastal community and in the surrounding area. Plus, terrific scenery such as the Island and Coastal mountain ranges and the ocean are often a very short drive away.
The southern end of the Comox peninsula is less than a 10 minute drive from downtown Comox. There, you will see exhilarating scenery looking down the Georgia Strait towards Vancouver. There is a boat ramp to accommodate smaller boats and other types of watercraft and a beach where you can take a stroll, wade into the ocean, walk down a prepared path along the coast or just sit and enjoy the incredible views. From there the airport is less than a 5 minute drive where you can take off to Vancouver or many different tourist destinations. Of course, there is also the weather which is mild and comfortable compared to many other parts of Canada. Great restaurants can be found within a 15 minute drive along with most types of recreational activities.
During the weekend it is common to see people just driving around this beautiful region of Vancouver Island to enjoy everything the area has to offer. This sure beats the hustle and bustle of a very busy city and major traffic jams. Yes there is more traffic now when compared to five years ago and you may have to wait for a traffic light or two. But, it beats sitting in traffic for an hour or more to drive to work each way in Vancouver and many of the surrounding communities. At the end of the day, where would you rather be? Why not take a trip out this way and see the area for yourself? You may just fall in love with it and decide to move here.