The speculation and vacancy tax, introduced by the B.C. government in 2018, is set to expand to include several new municipalities, including Parksville, Qualicum Beach, Courtenay, Comox, and Cumberland. This expansion is slated to take effect starting January 1, 2025. As part of this policy change, residential property owners in these communities will be required to declare in January 2025 how they used their property in 2024. This could include whether the property was rented, vacant, etc.
Category: January 2024
Kitchen Mistakes: Avoid These if You Plan to Sell
When it comes to selling your home, the kitchen often plays a pivotal role in attracting potential buyers, as it’s commonly considered the heart of the home. However, certain features in your kitchen could actually be diminishing its value. If you’re planning to put your home on the market, it’s crucial to know what might turn off buyers. Here are the top five things in your kitchen that could be devaluing your property and why you should consider updating them.