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Nick Chen

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Nick Chen
Personal Real Estate Corporation
[email protected]
(778) 320-8265
Facebook Instagram

RE/MAX Crest Realty
3215 Macdonald Street
Vancouver, British Columbia
V6L 2N2

© Nick Chen PREC. All Rights Reserved.

Our Top Articles of 2020

As 2020 ended with the real estate market in Vancouver showing signs of strong resilience from the Covid-19 pandemic fueled by low mortgage rates, here are the most popular content on nickchenhomes.com. We look back on what’s making news in the real estate industry, and the top neighbourhoods in Vancouver for buyers.

10. Should you send your child to private school in vancouver?

The idea of private school can be a bit nerve-wracking for some people. Not everyone gets it. The idea of wearing matching uniforms and following strict rules and regulations can be frightening to many people, especially a student that may be transferring into a private school from a public school.

9. Neighbourhood Pick: Brentwood—A Development Hotspot

The Brentwood community is envisioned by the city planners to become one of the core communities in Burnaby with sophisticated architectural designs, and transit focus.

8. New First Mortgage vs. Line of Credit

It’s very rare for a house to be paid for in full at time of purchase. In the real world, most people need some financial assistance and will either take out a loan or get a mortgage. If you’re new to the home-buying game, then you might not have a clear picture on what a mortgage is compared to a line of credit. And even more unclear might be which one is best for you.

7. Why the huge increase in strata insurance premiums?

There are an estimated 10,000 strata corporations across the province that will be affected by the increased strata insurance premiums. There was even a real estate insurance brokerage who advised its Vancouver strata corporation clients to budget for a 25% plus increase in insurance costs. Some renewals have reportedly increased by an incredible 50% to 300%.

6. What you didn't know about the jericho development

The Jericho Garrison was built during the Second World War to defend the westernmost tip of the Vancouver peninsula from a possible Japanese invasion. Since it’s construction, it served as a military base before being sold in 2014 to the Canada Lands Company (CLC) and MST Partnership. The units that were previously based at Jericho have since been relocated and the expansion and renovation project will soon be underway.

5. Enrolling Your Child in a School Outside of Catchment

When trying to get your child into a particular school, your first port of call should be living in the appropriate catchment area. But what if you’re already settled somewhere else? Some parents may still have the need to enroll their children into a specific school.

4.Commercial Drive—The Ultimate Work From Home Neighbourhood

Commercial Drive is a vibrant multicultural street in East Vancouver featuring a varied selection of restaurants, bars and cafes. The area is colloquially known as The Drive and is a magnet for tourists, given that it contains 300 merchants and is home to a variety of music and theatre venues. With working from home becoming more common due to the pandemic, this is one area that’s likely to have some life in it even with the current situation.

3. Top Public Schools in Vancouver

Exploring the various neighborhoods of Vancouver for a new home comes with a lot of decisions. One of the decisions that are vital for parents of secondary school students is ensuring that the area has educational opportunities that fit the needs of their children. There are two top public secondary schools in Vancouver that are recognized for their excellence. They include the Lord Byng Secondary School and Kitsilano Secondary School.

2. Should you bring your kids to home showings?

When you go to a house showing, on top of making sure the house is well-constructed and secure with working heat and water, you’re also checking to see if the home is a good fit to suit your needs, and more importantly, the needs of your family. If you have children, they are probably at the forefront of your mind as you are going through this process.

1. Vancouver School Catchments and How They Work

School catchments can be tricky to work around. Everybody wants the best education for their kids. As such, parents will spend a long time looking for the perfect school to send their young ones. You might think that you’ve found the best school around, but getting into just any school is a little harder than it seems. You might be restricted by a number of factors, such as location and catchment areas.
Nick Chen
Personal Real Estate Corporation
[email protected]
(778) 320-8265
Facebook Instagram

RE/MAX Crest Realty
3215 Macdonald Street
Vancouver, British Columbia
V6L 2N2

© Nick Chen PREC. All Rights Reserved.

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