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Asam (Sam) Ghani & Associates -

*** Investment Potential ***

7183 184 St Surrey, BC V4N 3G6

Fantastic investment opportunity! 1655 sqft rancher on one acre lot located at the corner of 72 & 184. Property is in Clayton West NCP and is situated in a high profile area for future urban growth which possibly would allow for low density residential (approx 6 houses per acre), multi family or commercial (gas station etc). Excellent location with huge potential.

Building Features

  • Family room
  • Eat-in kitchen
  • Forced air heating
  • Close to shopping
  • Near highway/freeway
  • Close to gym/workout facility
  • Near schools
For more information, pictures and a virtual tour visit: http://www.samghani.com/

*** Subdivision Potential ***

14441 68 Ave Surrey, BC V3S 2AB

Awesome potential in the heart of East Newton. Totally updated, 3 bedroom, 1 bath, 1600 sq.ft. rancher situated on a 19979 sq.ft. rectangular lot. New roof, new kitchen, new appliances, new paint, new floors, new bathroom, new blinds, newer hot water tank, gas f/p, updated deck and balcony and much more. Rented to an excellent tenant. Start your townhome development or build your dream home now and develop the back of the property later. Sketches available with different options. City wants high density. Located minutes to Newton Town Center in the heart of east Newton. Do not disturb tenants.

For more information, pictures and a virtual tour visit: http://www.samghani.com/

Building Features

  • Formal dining room
  • Den/study room
  • Eat-in kitchen
  • Fireplace
  • Forced air heating
  • Gas heating
  • Ceiling fans
  • Patio/deck
  • Covered parking
  • Close to shopping
  • Near highway/freeway
  • Close to gym/workout facility
  • Near schools

*** Gorgeous Home in Prestigious Fleetwood ***

8058 163A St Surrey, BC V4N0J6

Location- Location- Location. Fantastic basement entry home situated on large 7450 SF lot in prestigious South Fleetwood. This quality built home offers 7 bedrooms, 4 full baths, new roof (Sears), oak kitchen cabinets, high quality newer appliances, fresh paint, new laminate floors, newer hot water tank, 2 gas F/P, spiral stairs, W/I closet, jacuzzi tub, lots of room for storage (basement on crawl space), 2 bedroom in-law suite and much much more. Original owners and the pride of ownership shows throughout. Located minutes walk to schools, shopping, transit and Fleetwood park. Minutes drive to recreation, golf courses and Hwy #1. Must see. Will not last.

Building Features

  • Family room
  • Recreation room
  • Den/study room
  • Guest room
  • Eat-in kitchen
  • Finished basement
  • Walk-out basement
  • Fireplace Hardwood flooring
  • Ceramic tiles flooring
  • Security system
  • Centralized vacuum
  • Walk-in closet
  • Ceiling fans
  • 2-car garage
  • Patio/deck
  • In-suite laundry
  • Intercom
  • Covered parking
  • Close to shopping
  • Near highway/freeway
  • Close to gym/workout facility
  • Near schools

For more information, pictures and a virtual tour visit http://www.samghani.com/silver_listings.asp?ID=396060

Top 10 Renovations

Top 10 Renovations Average Return on Investment as determined by the appraisal Institute of Canada.

1) Painting & Interior Decorating 73%

2) Kitchen Renovations 72%

3) Bathroom Renovations 68%

4) Exterior Painting 65%

5) Flooring Upgrades 62%

6) Window/Door Replacement 57%

7) Family Room Addition 51%

8) Fireplace Addition 50%

9) Basement Renovations 49%

10) Furnace/Heating Updating 48%

Fraser Valley housing market shows local variation

(Surrey, BC) - The Fraser Valley Real Estate Board processed 1,608 property sales on its Multiple Listing Service (MLS®) in May, an increase of 9 per cent compared to 1,477 sold during May of last year, and an increase of 6 per cent compared to April's 1,516 sales.

Overall, the Fraser Valley market is in a balanced position, however there are significant differences amongst individual communities and property types stressing the importance of getting local expertise if you're thinking of buying or selling.

Sales of single family detached homes in South Surrey/White Rock, Cloverdale and North Delta remain brisk with those markets favouring sellers, however in Abbotsford and Mission high inventory and downward pressure on prices is good news for buyers. In Langley, Surrey Central and North Surrey, conditions are balanced for sales of detached homes."

Variation is also evident in home prices. In May, the benchmark price for Fraser Valley detached homes was $529,810, an increase of 2.8 per cent year-over-year. The benchmark price is the predicted sale price of a typical property in the Fraser Valley. Contrast that to May's average price of $630,870 for detached homes, an 11.6 per cent increase compared to May 2010 - influenced by the sale of higher-end
homes or homes with larger lots.

In May, the benchmark price of Fraser Valley townhomes was $324,730, a decrease of 1.1 per cent compared to $328,295 in May 2010. The benchmark price of apartments was $250,988 in May, a decrease of 0.5 per cent compared to the $252,221 price in May of last year.

May finished with 2.9 per cent more active listings on the MLS® than it had in April - 9,978 compared to 9,697 - however, 12.6 per cent fewer than the 11,411 listings that were active during May of 2010. The Board received 3,070 new listings in May, an increase of 5.2 per cent compared to April and a decrease of 11.2 per cent compared to the 3,457 new listings received in May 2010.

Full package:

http://www.fvreb.bc.ca/statistics/Package%20201105.pdf