Comox Valley Real Estate Blog

Stay up to date with the latest real estate insights in the Comox Valley and across Vancouver Island. Our blog covers market trends, home selling strategies, buying tips, and local updates to help you make informed real estate decisions.

Choosing the right Real Estate Team is about trust, experience, and proven results.

The Bryce Hansen Team with eXp Realty is one of the most recognized and highly reviewed real estate teams on Vancouver Island, helping over 175+ families each year buy and sell with confidence.

900+ Five Star Reviews
320+ Google reviews
555+ verified RankMyAgent reviews
85+ RateMyAgent reviews

550+ Listings Sold
1,300+ Homes Sold

Currently Ranked #5 leading eXp Realty teams in British Columbia, our results reflect a consistent commitment to professionalism, strong communication, and delivering successful outcomes for our clients.

June 20, 2025

SOLD! 4721 Cruickshank Ave

🔑 SOLD in Courtenay East | 4721 Cruickshank Ave

SOLD-4721-cruickshank-place-courtenay-bc-home-bryce-hansen-team

We’re thrilled to announce the successful sale of 4721 Cruickshank Ave, located in the highly desirable East Courtenay neighborhood on beautiful Vancouver Island.

This bright and spacious home offered incredible value with its well-designed layout, peaceful setting, and unbeatable proximity to top local amenities — including North Island College, the new hospital, shopping, and parks.

🏘️ Why This Location Stands Out:

  • Family-friendly, walkable neighborhoods

  • Easy access to schools, trails, and recreation

  • A top choice for buyers seeking lifestyle and convenience

East Courtenay continues to be one of the more sought-after areas in the Comox Valley real estate market. Homes in this neighborhood are in high demand — and this successful sale is a great example of what strategic pricing and marketing can achieve.


🏡 Thinking of Selling in Courtenay?

The market in the Comox Valley has shifted into a more balanced state, with increased inventory giving buyers more choice — but well-priced, well-marketed homes are still selling fast.

 

📞 Let’s talk strategy. We’ll provide a complimentary home evaluation and a tailored marketing plan to make sure your property stands out and gets SOLD in today’s competitive market.

 

Posted in SOLD!
June 16, 2025

SOLD! 2460 Joanne Dr Campbell River

🎉 Just Sold! 2460 Joanne Dr, Campbell River 🏡

 

We’re excited to announce that 2460 Joanne Dr in beautiful Campbell River, BC has officially SOLD! This well-maintained family home offered the perfect blend of space, comfort, and location — and it didn’t last long on the market.

Why This Property Stood Out:

  • 🛏️ 6 Bedrooms | 🛁 3 Bathrooms

  • 🌿 Generous lot with private backyard

  • 🏫 Located in a family-friendly neighborhood, close to schools, parks, and shopping

  • 🛠️ Thoughtful updates and move-in-ready condition

It was a pleasure helping our sellers achieve a successful result, and we’re so happy for the new homeowners beginning their next chapter here!

Thinking of Selling?

If you're considering a move, now is a great time to take advantage of a strong market and expert guidance. Let the Bryce Hansen Team help you navigate your real estate journey with confidence.

 

📞 Contact us today to schedule a free home evaluation or to learn more about buying or selling in Campbell River and surrounding areas.

Posted in SOLD!
June 16, 2025

PRICE REDUCTION - MLS 995659

🌲 Price Reduced! Stunning Forested Oceanview Lot 

     Now $379,000

     Lot 15 Walker Frontage Rd | MLS® 995659

 

We’re excited to announce a new price on this exceptional vacant lot in one of Vancouver Island’s most scenic seaside communities.

📍 Lot 15 Walker Frontage Rd
📦 MLS® 995659 – Now listed at $379,000

Nestled in a peaceful and picturesque neighborhood, this .47-acre forested lot offers the perfect setting for your dream home. With sweeping views of Baynes Sound and Denman Island, this property is a rare opportunity to own a piece of coastal paradise.

🌿 Property Highlights:

  • Spacious .47-acre treed lot with natural privacy

  • Breathtaking views of the ocean and nearby Denman Island

  • Located in a quiet, well-loved seaside community

  • Easy access to beaches, walking trails, and local amenities

  • A unique opportunity to build in a tranquil coastal setting

Whether you envision a relaxing retreat, your forever home, or an investment in a growing coastal area, Lot 15 Walker Frontage Rd offers endless potential—and now at an even better price.

 

📞 Contact us today to schedule a viewing or request more details.

Posted in Vancouver Island
June 7, 2025

Expert Advice: How to Stand Out and Win a Bidding War in the Comox Valley Real Estate Market

🏡 How to Win in a Multiple-Offer Situation: Proven Strategies for Canadian Homebuyers

Published by The Bryce Hansen Team | eXp Realty Courtenay – Vancouver Island Real Estate Experts

Struggling to win in a bidding war? Learn 10 powerful, proven strategies to help you secure your dream home in a multiple-offer situation in the Comox Valley real estate market.


How to Win the Bidding War: Smart Strategies for Multiple-Offer Situations in the Comox Valley

If you're house-hunting in the Comox Valley real estate market, you've likely seen it first-hand, homes selling within days, often above asking price, and with multiple offers on the table.

Whether you’re a first-time buyer, relocating to Vancouver Island, or moving up into your next home, knowing how to win in a multiple-offer situation could mean the difference between landing your dream property or starting the search all over again.

At The Bryce Hansen Team, we’ve helped hundreds of buyers successfully navigate hot market conditions—including military relocations to CFB Comox and competitive purchases across Courtenay, Comox, and Campbell River.

Let’s break down the exact strategies you need to stand out.


1. Get Fully Pre-Approved (Not Just Pre-Qualified)

Before you even think about writing an offer, make sure your financing is in place. In Canada, this means obtaining a mortgage pre-approval, not just a pre-qualification.

A strong pre-approval shows sellers you’re financially ready, serious, and able to close quickly.

Bonus tip: Work with a reputable local mortgage broker—many listing agents in the Comox Valley look favorably on buyers who are backed by professionals they know and trust.


2. Lead with Your Best Offer

In a multiple-offer situation, you may only get one shot. This isn’t the time to lowball or “feel out” the seller. Use local comparative market analysis (CMA) data to guide your price, and come in strong and clean.

Don’t just try to match the asking price, aim to exceed it if the market data supports that.


3. Increase Your Deposit to Show Commitment

In British Columbia, a deposit (typically 1-5% of the purchase price) is held in trust by the listing brokerage. Offering a larger-than-average deposit shows confidence, stability, and seriousness.

A higher deposit can be the difference between your offer and another that’s otherwise identical.


4. Limit or Waive Conditions (With Caution)

The fewer conditions you include, the more appealing your offer will be. If you’re confident in your due diligence, consider:

  • Pre-inspecting the home before writing

  • Waiving the financing clause (if your lender has fully underwritten you)

  • Avoiding long subject-to-sale timelines

Always talk with your REALTOR® before waiving conditions. There are risks—and our job is to help you minimize them.


5. Be Flexible on Closing & Possession Dates

One of the easiest ways to improve your offer is to ask what the seller needs and be flexible. If they need a quick close or a longer possession, accommodating their timeline could give your offer the edge.


6. Add a Clean, Neutral Buyer Letter (Optional)

Some sellers appreciate a personal note about what you love about the home. Keep it short, neutral, and focused on the property, not personal details.

Be cautious, over-sharing personal or demographic info can raise fair housing issues and is discouraged in some real estate circles.


7. Consider an Escalation Clause (if applicable)

In highly competitive areas like Willow Point in Campbell River or downtown Courtenay, an escalation clause can make your offer more dynamic. It allows your bid to automatically increase by a set amount above any competing offer, up to a maximum price.

Discuss this strategy with your agent—some listing agents may not allow it.


8. Show Proof of Funds

If you’re putting down a large deposit or making a cash offer, include a bank letter or redacted statement showing proof of funds. It adds transparency and peace of mind for the seller.


9. Act Fast, and Be Prepared

The Comox Valley real estate market moves quickly. Well-priced homes, especially those in CFB Comox relocation zones or family-friendly areas like Crown Isle and East Courtenay, can sell in under 48 hours.

Have your agent on speed dial. Get alerts. Be ready to view and write immediately.


10. Work with a Top Local REALTOR®

This might be the most important factor of all. An experienced, connected local real estate team—like The Bryce Hansen Team, powered by eXp Realty Courtenay, knows how to:

✅ Get you in early
✅ Craft smart offers
✅ Navigate listing agent expectations
✅ Guide you through negotiations without overpaying


✅ Final Thoughts: You Can Win, Even in a Hot Market

Buying a home during a bidding war is stressful, but it’s also an opportunity. With the right guidance, the right timing, and a smart offer strategy, you can come out on top.

At The Bryce Hansen Team, we have the experience, negotiation skills, and systems in place to help you succeed—even in the toughest market conditions. Whether you’re a first-time buyer, upsizing your family home, or relocating for work or military service, we’ve got your back.


Ready to Win in a Bidding War? Want experts who can help you get the job done? 

👉 Contact The Bryce Hansen Team Today
📍 Serving Courtenay, Comox, Cumberland, Campbell River & All of Vancouver Island
💼 Specialists in Military & RCMP Relocations | eXp Realty Canada | Top Real Estate Team on Vancouver Island

Posted in Buying a Home
May 24, 2025

Best Neighbourhoods in the Comox Valley | Top Resale Areas

Top 3 Neighborhoods to Live in the Comox Valley for Lifestyle and Resale Value

Are you considering a move to the Comox Valley? Whether you're relocating for work, lifestyle, or retirement, choosing the right neighborhood can make all the difference—not only for your quality of life, but also for your future resale value.

As a trusted Comox Valley real estate team, we know the local market inside and out. The Comox Valley offers an incredible mix of mountain views, oceanfront living, and tight-knit communities that make this one of the most desirable regions on Vancouver Island.

Here are the top three neighborhood's in the Comox Valley that consistently stand out for both lifestyle and strong resale value:


1. Crown Isle – Courtenay

If you're looking for an upscale, master-planned community with curb appeal and long-term value, Crown Isle tops the list. Located in East Courtenay, this golf-course community is known for its beautifully maintained homes, wide streets, and proximity to North Island Hospital, Costco, Thrifty Foods, and excellent schools.

Why People Love It:

  • Family-friendly and retiree-ready

  • Golf course views and custom builds

  • Minutes from downtown Courtenay and Comox

Resale Bonus:
Homes in Crown Isle consistently hold their value due to the neighborhood's reputation, architectural standards, and central location—making it a favorite among Comox Valley real estate investors and homeowners alike.


2. Comox (Town Core & Foxxwood Estates)

The town of Comox blends coastal charm with walkability and vibrant community life. Areas like Foxxwood Estates are perfect for families looking for quiet streets, good schools, and quick access to beaches, the marina, and shopping.

Why People Love It:

  • Walk to the marina, Filberg Park, or downtown cafes

  • Excellent elementary and French immersion schools

  • Peaceful, established neighborhoods with mature trees and larger lots

Resale Bonus:
Comox homes are always in high demand, especially with military relocations, retirees, and professionals. Whether you're buying or selling, the Comox Valley real estate market in this area remains strong year after year.


3. Cumberland

For those seeking character, outdoor adventure, and a bit of an edge, Cumberland delivers. Once a historic coal-mining village, this area has transformed into a hip, active-lifestyle hub with mountain biking trails, breweries, and a unique arts scene.

Why People Love It:

  • Unmatched access to biking and hiking trails

  • Strong sense of community and local culture

  • Cool mix of heritage homes and modern infill

Resale Bonus:
Cumberland is one of the fastest-appreciating areas in the Comox Valley real estate market. Its charm, community vibe, and investment potential make it a smart choice for buyers seeking both lifestyle and value growth.


Military Relocating to CFB Comox?

If you're military and relocating to the Comox Valley, we're your number one choice. Our Comox Valley real estate team specializes in helping Canadian Armed Forces members transition smoothly during CFB Comox postings. We've helped hundreds of military families and have proven systems in place to help you get the job done—quickly and stress-free.

We are fully approved to handle all of your Brookfield relocation needs. From trusted local inspectors to Brookfield-approved lawyers and notaries, we've got every part of the process covered.


Final Thoughts
Whether you're drawn to the elegance of Crown Isle, the coastal lifestyle in Comox, or the creative energy of Cumberland, there's a perfect neighborhood waiting for you in the Comox Valley. As a leading Comox Valley real estate team, we’re here to help you find the best fit for your lifestyle and your long-term investment.

 

Thinking of moving to the Comox Valley?
Contact our Comox Valley real estate experts today for personalized guidance, private tours, and a seamless real estate experience—especially if you're part of the Canadian Forces and need a team that truly understands your needs.

Posted in Community News
March 18, 2025

Photos from the Santa Skate Are Now Available!

Photos from the Santa Skate Are Now Available!

🎄 A warm thank you again to everyone who joined us for the Santa Skate and Hawaiian Trip Giveaway on December 23, 2024! 🎄

We loved seeing so many smiling faces and festive moments at the event, and we’re thrilled to share that the photos captured by our talented photographer, Shannon Koroll, are now ready for download.

How to Access Your Photos

You can view and download your family’s photos by visiting the provided link and entering the PIN: 2052.

BRYCE HANSEN TEAM SANTA SKATE by Shannon Koroll Photography

We hope these pictures help you relive the joy of the season and the fun of our celebration. Whether it was skating on the ice, enjoying the treats, or just soaking in the festive atmosphere, these moments are memories we’ll treasure.

Looking Ahead

Thank you once again for being part of our community and for making events like these so meaningful. We’re already looking forward to the next celebration with all of you! Keep an eye out for updates about future gatherings and giveaways.

As always, if you or someone you know is looking to buy or sell a home, we would be honored to help. Your trust and referrals mean the world to us.

Happy New Year, and we can’t wait to see you at the next event!

 

The Bryce Hansen Team

 

 

Posted in Community News
March 17, 2025

A Deep and Sincere Thank You for Joining Us at the Bryce Hansen Team Santa Skate!!

A Deep and Sincere Thank You for Celebrating the Holidays with Us at the Santa Skate and Hawaiian Trip Giveaway!

 

🎄 To our amazing clients, families, and friends – thank you for making the Santa Skate and Hawaiian Trip Giveaway an unforgettable holiday celebration! 🎄

On December 23, 2024, we came together to share the joy of the season, and your presence made it truly magical. From lacing up skates to sharing holiday treats and laughter, the event was filled with warmth, fun, and festive cheer. Seeing the community come together in the spirit of the holidays is something we will always treasure.

Congratulations to Our Giveaway Winners – The Wiebe Family!

We were thrilled to announce Daniel and Jennifer as the lucky winners of our Hawaiian trip giveaway! We hope this special vacation brings them sunshine, relaxation, and unforgettable memories. Thank you for being part of our celebration and for letting us share in your excitement.

Memories Captured

Our talented photographer  Shannon Koroll was on hand to capture the festive fun, and we can’t wait to share these cherished moments with you! If you attended and spot your family in the photos, you’ll be able to download them using the provided access details (stay tuned for more information).

Thank You for Being Part of Our Community

As we reflect on this event, we are reminded of how fortunate we are to be surrounded by such a supportive and vibrant community. Your trust, kindness, and enthusiasm inspire us every day. Thank you for allowing us to celebrate the season with you and for being such an integral part of what makes our gatherings so special.

We look forward to hosting more events in the future and continuing to create joyful memories together. And remember, we’re never too busy for your referrals. If you know someone looking to buy or sell a home, it would be our privilege to assist them.

 

 

With Warm Regards

The Bryce Hansen Team 

Posted in Community News
Nov. 6, 2024

A Heartfelt Thank You for Joining Us at the Bryce Hansen Team Halloween Pumpkin Patch!

A Heartfelt Thank You for Joining Us at the Bryce Hansen Team Halloween Pumpkin Patch!

🎃 To our wonderful clients, families, and friends – thank you for making our annual Halloween Pumpkin Patch such a fantastic celebration! 🎃

Seeing so many familiar faces, along with new ones, made this fall gathering truly special. From picking out pumpkins to enjoying games and activities, watching everyone come together brought us so much joy. We’re grateful for these shared moments and for the opportunity to celebrate the season with all of you.

Professional Photos Are Coming Soon!

We’re excited to announce that Shannon Koroll, our talented photographer, captured some beautiful memories from the event. 

If you see your family photo, you can download it directly using the 4-digit PIN 5217.

Thank You for Being Part of Our Community

Your trust and support mean the world to us. Events like these remind us of how lucky we are to work with such a wonderful community. We look forward to seeing you at next year’s pumpkin patch and many other celebrations in the future.

And always remember, we are never too busy for your referrals. If you know friends or family looking to buy or sell, we’d be honored to help them, too!

With warm regards,
The Bryce Hansen Team

Posted in Community News
Sept. 20, 2024

BIG ANNOUNCEMENT FROM THE BRYCE HANSEN TEAM

Posted in Community News
Aug. 23, 2024

Vancouver Island Real Estate Market Update

As the summer of 2024 progresses, the Vancouver Island Real Estate Board (VIREB) has reported a mix of trends in its latest real estate statistics. The housing market on the island is navigating through a period of transition, marked by significant changes in both sales activity and inventory levels.

Sales and Listings Overview

In July 2024, VIREB recorded 737 unit sales across all property types, which reflects a somewhat stagnant market with a modest decrease in activity compared to the same month last year. Active listings saw a notable increase, reaching 4,559 properties on the MLS® System. This represents a healthy inventory level that is shaping the current market dynamics.

Focusing on specific categories:

  • Single-Family Homes: There were 363 single-family homes sold in July, a decrease of 11% from July 2023 but a slight increase of 1% from June 2024. The active listings for single-family homes stood at 1,596, a significant rise from 1,092 last year.
  • Condo Apartments: Sales of condo apartments totaled 87 units last month, showing a 9% decrease from a year ago but a 6% increase from June. The inventory for condo apartments increased to 455, up from 312 in July 2023.
  • Row/Townhouses: The row/townhouse sector saw 99 units sold, which is a 16% increase from the previous year and a 9% rise from June. The number of available row/townhouses also grew to 342, compared to 262 last year.

Market Conditions

The market’s absorption rate is currently at 16%, with approximately six months of inventory, positioning the VIREB housing market in balanced territory but leaning slightly towards a buyers’ market. This shift indicates that while inventory levels have increased, the overall market conditions are stabilizing, giving buyers more options and time.

VIREB CEO Jason Yochim noted that this year’s market behavior is unusual. The traditional spring and summer activity did not materialize as expected, with both buyers and sellers appearing to hold back despite favorable conditions such as interest rate reductions and increased inventory. “Inventory has risen considerably, and it’s been five years since active listings in the VIREB area were at this level, so buyers have more choice and more time to wait,” Yochim observed. “The same holds true for sellers, so there seems to be a waiting game going on.”

Price Trends

In terms of pricing, the benchmark prices for various property types showed mixed movements:

  • Single-Family Homes: The board-wide benchmark price was $784,200 in July, marking a 2% increase from the previous year but a slight dip from June.
  • Condo Apartments: The benchmark price was $414,300, up 1% from both the previous year and June.
  • Townhouses: The benchmark price for townhouses was $540,800, down 2% from July 2023 and slightly lower than June.

Regional Highlights

Regional price variations offer a more nuanced picture:

  • Campbell River: The benchmark price for single-family homes was $705,700, a 4% increase from the previous year.
  • Comox Valley: The benchmark price rose by 5% to $842,100.
  • Cowichan Valley: The benchmark price was $775,800, reflecting a 1% decrease from the previous year.
  • Nanaimo: Prices increased by 1% to $815,800.
  • Parksville-Qualicum: The benchmark price reached $899,900, a 1% rise from the previous year.
  • Port Alberni: The price of a benchmark single-family home was $531,800, up 1% from last year.
  • North Island: The benchmark price dropped by 2% to $431,300.

Looking Ahead

Despite a strong local economy, the Vancouver Island housing market remains subdued, as reported by the British Columbia Real Estate Association (BCREA). While economic growth persists in several regions, Vancouver Island’s market is still adjusting to higher inventory levels and evolving buyer and seller expectations.

As we move forward, it will be crucial to monitor how these trends develop, especially as we approach the fall and winter months. Buyers and sellers alike should stay informed and adaptable to the shifting market conditions.

Stay tuned for more updates and insights into Vancouver Island’s real estate landscape!

 

 

Posted in Market Updates