Market Statistics Across Canada

Why Pricing Your Home Right Is Crucial When Selling in Campbell River or Quadra Island

When it comes to selling your home, few decisions are as important as setting the right price from the start. Whether you’re selling a waterfront property in Campbell River or a cozy cottage on Quadra Island, pricing your home correctly can make the difference between a fast, profitable sale and months of frustration.

1. First Impressions Matter

Your home’s first days on the market are the most powerful. Buyers and realtors are watching new listings closely, and a well-priced home will immediately attract attention.
If your property is priced too high, you risk being overlooked by serious buyers who assume it’s out of their budget or not worth the value. On the other hand, a competitive price creates excitement — often leading to multiple offers and a quicker sale.

2. The Risks of Overpricing

It’s natural for homeowners to want the highest return possible, but overpricing can backfire.
When a home sits on the market too long, it can lose appeal. Buyers may start to wonder what’s wrong with the property. Eventually, sellers end up reducing the price — sometimes below what the home could have sold for if it had been priced properly from the beginning.
In today’s competitive Campbell River real estate market, homes that are accurately priced sell faster and closer to their asking price.

3. The Value of a Local Realtor’s Expertise

Every neighborhood in Campbell River and Quadra Island has its own market trends, buyer demand, and pricing nuances.
A local Realtor like Roman Krzaczek with Real Broker has in-depth knowledge of recent sales, current listings, and what buyers are really willing to pay. By analyzing comparable properties (often called “comps”) and market data, I can help you find the sweet spot — a price that attracts attention while maximizing your return.

4. Psychology Plays a Role

Pricing isn’t just about numbers — it’s about perception.
A home listed at $749,900 can psychologically feel more appealing than one at $750,000, even though the difference is minor. Strategic pricing helps your home appear in more search results online and aligns better with how buyers filter their searches on MLS® or Realtor.ca.

5. Getting It Right the First Time

Re-listing after multiple price drops can send the wrong message. The best way to ensure a strong start is by working with a trusted Realtor who understands both the data and the emotions behind home sales.
When you list with me, I’ll provide a free comparative market analysis (CMA) to determine the most effective price range for your home — helping you sell faster and for top dollar.

Final Thoughts

In today’s real estate market, pricing your home right is crucial — especially in beautiful areas like Campbell River and Quadra Island. With the right strategy and local expertise, you can attract more qualified buyers, create competition, and achieve the best possible outcome.
When you price too high it will result in:
1. no showings,
2. it will be on the market for much longer,
3. buyers who do come for showings will notice every reason why it’s not worth the price,
4. when the listing is on the market for too long it appears that “there’s something wrong with it”
5. low ball offers

If you’re thinking about selling your home, reach out today for a no-obligation pricing consultation. Let’s make sure your property stands out — and sells with confidence.

📞 Contact Roman Krzaczek, REALTOR® with Real Broker
📍 Serving Campbell River, Quadra Island & Surrounding Areas
🌐 romankrzaczek.ca

The Castle Has Sold! 🏰✨

I’m excited to share that the iconic Wolf Bluff Castle on Cortes Island has officially sold! This has been, without question, the most unique and memorable property of my real estate career. Representing a half-finished, five-storey castle on a Gulf Island doesn’t come around often—and helping guide this sale from start to finish has been a truly rewarding experience.

This listing drew massive attention from across British Columbia and beyond. From social media buzz to coverage from major news outlets, the interest in this Cortes Island “castle” was incredible. Even my most recent Facebook post continued to receive inquiries long after the listing went live, proving just how captivating this property was to buyers, investors, and dreamers alike.

The best part? The sellers were thrilled to hear that the new owner plans to preserve and restore the castle, bringing new life to this rare and imaginative structure. It’s always exciting when a property with so much character finds someone ready to honour its potential.

A big thank-you to everyone who shared the listing and helped spread the word—including 604Now for showcasing this amazing opportunity on Facebook:
https://www.facebook.com/604Now
Original shared post: https://www.facebook.com/share/p/1FN8LA9HWm/

If you’re interested in unique properties, Gulf Island real estate, or buying and selling on Cortes or Quadra Island, I’m always here to help.

📞 Call or text: 604-787-4594
🌐 Visit: romankrzaczek.ca

Whether you’re curious about market trends, planning to sell, or searching for your next island property, I’d be happy to answer your questions.

Selling your home is one of the biggest financial decisions you’ll ever make. Whether you’re upsizing, downsizing, or relocating, working with a professional realtor can make a world of difference. Many homeowners consider selling on their own, but partnering with an experienced real estate agent ensures your home sells faster, smoother, and for the best possible price.

As a Campbell River and Quadra Island BC realtor, I’ve seen firsthand how having the right guidance transforms the selling experience. Here’s why hiring a realtor — and choosing the right one — is so important.

1. Local Market Expertise That Makes a Difference

Every market is different, and real estate trends can change quickly. A professional Campbell River realtor knows how to read the local data, compare similar listings, and set a strategic price that attracts qualified buyers without undervaluing your home.

When you work with me, I use up-to-date insights from Campbell River, Quadra Island, and surrounding areas to position your property competitively and highlight what makes it stand out — whether that’s ocean views, modern upgrades, or family-friendly neighborhoods.

2. Powerful Marketing That Gets Results

Selling your home is about visibility — and realtors have the tools to make sure your listing gets seen by the right people.

Through professional photography, MLS listings, social media advertising, and Real Broker’s network, your home reaches a larger audience of active buyers. I also use tailored marketing strategies designed specifically for Vancouver Island real estate, ensuring maximum exposure across digital and local channels.

The result? More qualified showings and faster offers.

3. Expert Negotiation for the Best Price

Negotiating a home sale can be stressful — but that’s where experience matters. As your realtor, I act as your professional negotiator, ensuring your interests are protected and your property sells for its true value.

From handling multiple offers to managing buyer conditions, I take care of the details so you can make informed, confident decisions.

4. Legal Protection and Stress-Free Paperwork

Selling a home involves dozens of documents, legal forms, and disclosure requirements. A single oversight can delay your sale or create problems down the road.

I handle all the paperwork, coordinate with lawyers, and ensure your transaction follows BC real estate regulations. You can relax knowing everything is handled properly from listing to closing day.

5. A Trusted Network to Support Your Sale

When you hire me as your realtor, you also gain access to a trusted local network — photographers, stagers, contractors, and inspectors — who help make your property shine.

From preparing your home for listing to final walkthroughs, every detail is handled by professionals who care about achieving the best outcome for you.

6. Confidence and Peace of Mind

Selling your home isn’t just a transaction — it’s a major life event. My goal is to make the process as smooth and rewarding as possible.

With personalized guidance, honest communication, and proven results, I take the stress off your shoulders so you can focus on what’s next.

Final Thoughts

Hiring a realtor is more than a convenience — it’s a smart investment in your success. Whether you’re selling in Campbell River, Quadra Island, or anywhere across Vancouver Island, having an experienced professional by your side ensures the best outcome.

If you’re thinking about selling, let’s connect. I’m Roman Krzaczek, a Real Broker realtor serving Campbell River and Quadra Island, and I’d be happy to help you navigate every step of the process — from listing to sold.

👉 Contact me today at romankrzaczek.ca or call: 604-787-4594 to get started.

If you’re thinking about selling your home in Campbell River or Quadra Island, preparation is everything. The local real estate market is competitive, and homes that make a strong first impression tend to sell faster—and for higher prices. Before you list, take these important steps to make sure your property stands out and attracts serious buyers.

1. Get a Professional Market Evaluation

Every successful sale starts with the right price. A Comparative Market Analysis (CMA) from a local REALTOR® will help you understand what similar homes in Campbell River and Quadra Island have recently sold for. This ensures your home is priced competitively from day one—one of the most important factors in getting top dollar.

📍 Local tip: Markets on Quadra Island and in Campbell River can behave differently. A local agent familiar with both areas will help you position your home appropriately for your community.

2. Declutter and Depersonalize Your Space

Buyers want to picture themselves living in your home—not visiting someone else’s.

• Pack away personal items, photos, and collectibles.

• Declutter countertops, closets, and storage spaces.

• Aim for a clean, spacious look that feels calm and welcoming.

A neutral, clutter-free home looks larger and photographs beautifully for online listings.

3. Make Minor Repairs and Touch-Ups

Small details can make or break a buyer’s impression.

• Fix dripping faucets, squeaky doors, or scuffed walls.

• Replace outdated light fixtures or cabinet handles.

• Add a fresh coat of neutral paint to brighten the space.

Even modest updates can lead to higher offers and fewer buyer objections during inspections.

4. Enhance Your Curb Appeal

Your home’s exterior is the first thing buyers see—make it count!

• Power wash siding, decks, and driveways.

• Mow the lawn, trim hedges, and plant colorful flowers.

• Repaint or refinish your front door and replace old house numbers.

For waterfront or rural properties on Quadra Island, make sure outdoor spaces are tidy and paths are clear—buyers love seeing well-kept natural surroundings.

5. Deep Clean Everything

A spotless home sends the message that it’s been well cared for.

• Wash windows inside and out for maximum light.

• Clean carpets and floors, especially if you have pets.

• Eliminate any lingering odors from cooking or smoking.

Consider hiring a professional cleaning service before photography or showings—it’s a worthwhile investment.

6. Stage Your Home for Success

Home staging highlights your property’s best features and helps buyers connect emotionally.

• Arrange furniture to create open, functional spaces.

• Add soft lighting, cozy textures, and subtle décor.

• Showcase ocean or mountain views by keeping windows clear and unobstructed.

If you’re unsure where to start, your REALTOR® can recommend a local stager or photographer who specializes in Campbell River and Quadra Island homes.

7. Gather Key Home Documents

Having your paperwork organized saves time later. Collect:

• Property tax records

• Utility costs

• Warranties for appliances or recent upgrades

• Permits for renovations or additions

Buyers appreciate transparency—and it shows you’ve cared for your home.

8. Work with a Local REALTOR® Who Knows the Area

Every community has its nuances. Whether your home is in Willow Point, Campbellton, Painter Barclay, or Heriot Bay, a local REALTOR® who understands neighborhood trends, buyer demographics, and marketing strategies will make all the difference.

A trusted local agent can:

• Price your home strategically for today’s market

• Market your property across MLS®, social media, and local networks

• Coordinate professional photography, showings, and open houses

• Negotiate confidently on your behalf

🏡 Ready to Sell Your Home in Campbell River or Quadra Island?

Selling your home is a major step—but you don’t have to do it alone. I’m here to guide you through every stage, from preparation to sold sign.

📞 Contact Roman Krzaczek, REALTOR® with Real Broker
🌐 romankrzaczek.ca
1-604-787-4594
📍 Serving Campbell River, Quadra Island, and surrounding communities.

Let’s work together to position your home for maximum impact and get you moving toward your next chapter.

Nanaimo, BC
RESILIENT HOUSING MARKET CARRIES VIREB INTO THE FALL
In the single-family category (excluding acreage and waterfront), 307 homes sold in September, down four per cent from one year ago and nine per cent from August. Sales of condo apartments last month came in at 59, a decrease of 14 per cent year over year and a drop of 20 per cent from August. In the row/townhouse category, 79 units changed hands in September, down 13 per cent from one year ago and up 10 per cent from August.

VIREB Chair Olivier Naud notes that VIREB’s housing market, like last month, is in the mid-range of balanced, with approximately six months of inventory. Balanced markets offer the best of both worlds for buyers and sellers.

In Campbell River, the benchmark price of a single-family home was $706,200 last month, up two per cent from September 2024. The Comox Valley’s year-over-year benchmark price rose by two per cent to $846,000. In the Cowichan Valley, the benchmark price was $804,100, up four per cent from September 2024. Nanaimo’s year-over-year benchmark price increased by one per cent to $816,200, while the Parksville-Qualicum area saw its benchmark price increase by three per cent to $933,400. The cost of a benchmark single-family home in Port Alberni was $519,300, up four per cent from the previous year. For the North Island, the benchmark price of a single-family home dropped by one per cent to $449,400.

FULL REPORT HERE

Calgary, AB
Price declines mostly driven by higher density home types
Higher price adjustments are occurring for apartment and row style properties while detached and semi-detached properties have reported modest declines. As of August, the unadjusted total residential benchmark price was $577,200, down over last month and nearly four per cent lower than levels reported last year.

“Perspective is needed when it comes to price adjustments. The most significant price adjustments are occurring for row and apartment style homes as they are also the product type that are facing the largest gains in supply choice,” said Ann-Marie Lurie, Chief Economist at CREB®. “Meanwhile price adjustments in the detached and semi-detached markets range from modest price growth in some areas to larger price declines in areas with large supply growth. Overall, recent price adjustments have not offset all the gains that have occurred over the past several years.”

FULL REPORT HERE

Toronto, ON
September home sales increased in the Greater Toronto Area (GTA) compared to a year earlier, as more homebuyers sought to take advantage of more affordable monthly mortgage payments. Buyers continued to respond to substantial choice in the marketplace by negotiating the average selling price downward.
“The Bank of Canada’s September interest rate cut was welcome news for homebuyers. With lower borrowing costs, more households are now able to afford monthly mortgage payments on a home that meets their needs. Increased home purchases will also stimulate the economy through housing-related spin-off spending helping to offset the impact of ongoing trade challenges,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.

FULL REPORT HERE

VANCOUVER, BC
Fall market favours buyers

“With another cut to Bank of Canada’s policy rate behind us, and markets pricing in at least one more cut by the end of the year, Metro Vancouver homebuyers have reason to be optimistic about the fall market,” said Andrew Lis, GVR’s director of economics and data analytics. “Easing prices, near-record high inventory levels, and increasingly favourable borrowing costs are offering those looking to purchase a home this fall with plenty of opportunity.”

The benchmark price for a detached home is $1,933,100. This represents a 4.4 per cent decrease from September 2024 and a 0.9 per cent decrease compared to August 2025.
The benchmark price of an apartment home is $728,800. This represents a 4.4 per cent decrease from September 2024 and a 0.8 per cent decrease compared to August 2025.
The benchmark price of a townhouse is $1,069,800. This represents a 2.7 per cent decrease from September 2024 and a 0.9 per cent decrease compared to August 2025.

FULL REPORT HERE

Nanaimo, BC
MARKET SLOWER THAN IN JULY BUT STILL AHEAD OF LAST YEAR
“August was slower than July, but that’s typical with back to school on the horizon,” says Naud. “However, sales were up from the previous August, and our market is proving to be resilient. There is pent-up demand but still some hesitancy that we attribute to ongoing tariff concerns.”
However, Naud adds that tariff worries have turned out to be more of a psychological deterrent than an economic one. The British Columbia Real Estate Association (BCREA) reports that the 35 per cent tariff is only on non-compliant goods, which is a very small share of exports (less than 10 per cent).
“The effective tariff rate on all Canadian exports to the United States is about five per cent only, and on U.S. imports to Canada, it’s about two per cent,” says Naud. “So, despite our initial fears, there has actually been minimal impact on growth or inflation.”

FULL REPORT HERE

Calgary, AB
Supply growth weighs on home prices
"Price declines are not occurring across all property types in all locations of the city, and even where there have been declines, it has not erased all the gains made over the past several years," said Ann-Marie Lurie, Chief Economist at CREB®. "The steepest price declines have occurred for apartment and row style homes, mostly in the North East and North districts, which coincides with significant gains in new supply."  

FULL REPORT HERE

Toronto, ON
August home sales reported by the Toronto Regional Real Estate Board (TRREB) were up on a year-over-year basis. Over the same period, home buyers benefitted from an even larger increase in the inventory of listings. Average selling prices continued to be negotiated downward due to the elevated choice across market segments.

“Compared to last year, we have seen a modest increase in home sales over the summer. With the economy slowing and inflation under control, additional interest rate cuts by the Bank of Canada could help offset the impact of tariffs. Greater affordability would not only support more home sales but also generate significant economic spin-off benefits,” said TRREB President Elechia Barry-Sproule.

FULL REPORT HERE

VANCOUVER, BC
Easing home prices help lift sales in August

“Prices have eased around two per cent since the start of the year and are down about one per cent month over month in August, signaling that sellers have been willing to lower price expectations,” Lis said. “As sellers’ and buyers’ expectations have become more aligned, transaction volume has picked up. Newly listed properties remain in line with their ten-year seasonal average however, which when paired with increasing sales activity, is likely to diminish the available inventory. This also means the window of plentiful opportunity for buyers may soon begin closing if these trends continue.”

The benchmark price for a detached home is $1,950,300. This represents a 4.8 per cent decrease from August 2024 and a 1.2 per cent decrease compared to July 2025.
The benchmark price of an apartment home is $734,400. This represents a 4.4 per cent decrease from August 2024 and a 1.3 per cent decrease compared to July 2025.
The benchmark price of a townhouse is $1,079,600. This represents a 3.5 per cent decrease from August 2024 and a 1.8 per cent decrease compared to July 2025.

FULL REPORT HERE

Congratulations to my seller client! and also congratulations to the buyer of this incredible property! Sophie Gardner Team did a great job at representing the buyer. 

1416 Manzanita Rd, Cortes Island is now under contract! 

The Wolf Bluff Castle on Cortes Island is selling for $440,000 and comes with a house and workshop

A five-storey castle on Cortes Island, complete with a dungeon, medieval-style dining hall and three turrets, is on the market and priced lower than a two-storey house in Campbell River.

Cortes Island resident Karl Triller began building the Wolf Bluff Castle on Cortes Bay in 1990. He wanted to create a place that evoked memories of his childhood, said realtor Roman Krzaczek, who is running the sale. Today, it still stands but needs a buyer who is looking for a fixer-upper.  

After Triller's recent passing, his son put the unfinished castle up for sale last year. Krzaczek said he was drawn to the listing because of the story and person behind it. 

"Karl grew up in Hungary in a poor family with seven siblings," said Krzaczek. He noted that Triller must have been an interesting person, as locals have told stories about him wearing a crown and calling himself king of the castle. He also welcomed the community over for celebrations over the decades. 

The castle needs work, which Krzaczek said is likely why it's not selling as quickly as one might expect. Despite this, the exterior walls and concrete are intact, revealing that it was solidly built. 

"It needs a builder to go in there and assess whether the interior can be salvaged or all the wood needs to be gutted," he said.  

The castle at 1416 Manzanita Rd. is priced at $440,000, but a B.C. assessment says the property is worth $758,000. Aside from the castle, the property comes with a one-storey house with an unfinished basement and workshop.

Krzaczek said he's hoping whoever buys the property will see it as a fixer-upper and keep it as part of the community. 

"It's beautiful," he said. "It's got character. I've met many people who live on Cortes and Quadra who, as teenagers, used to go there for birthday parties and stuff. It's part of the community."

https://www.campbellrivermirror.com/local-news/photos-castle-on-cortes-island-selling-for-less-than-a-campbell-river-house-8166017

August 11, 2025

Wolf Bluff Castle: A Rare Cortes Island Property Sold

The five-storey Wolf Bluff Castle on Cortes Island, British Columbia has officially sold! Initially listed at $440,000, this remarkable property attracted national attention, including CTV News and my Instagram post.

Wolf Bluff Castle represents the ultimate unique island property in B.C., combining history, charm, and the opportunity for buyers seeking a renovation project.

Features of Wolf Bluff Castle: A B.C. Island Castle Like No Other

• Five-storey medieval-style architecture: Includes eight bedrooms, a dining hall, three turrets, and a dungeon.

• Historic construction by Karl Triller: The late builder, affectionately known as the “King of Cortes,” lived in a modest home on the property while crafting his castle vision.

• Additional structures: The property included Triller’s house, a workshop, and 1.97 acres of land, offering multiple possibilities for development or restoration.

• Utilities & renovation potential: Water and power are available, but there is no septic system — ideal for buyers interested in transforming a project into a dream home.

• Prime island location: Approximately a 15-minute walk from the Cortes Bay boat launch, perfect for buyers embracing remote island living in British Columbia.

The castle’s construction is reinforced with concrete-filled cinder blocks, ensuring a solid, durable foundation despite its unfinished interior.

The Story Behind Wolf Bluff Castle

As the listing realtor, I was drawn to Wolf Bluff Castle because of its unique character, history, and potential for restoration.

Karl Triller was a legendary figure on Cortes Island. In the 1990s and 2000s, he would put on a crown and host celebrations, food, and music for locals — earning him the title “King of Cortes.” Though the castle was unfinished, it remains a historic landmark in the B.C. island real estate market.

After gaining wide interest, the castle finally found a buyer, preserving this extraordinary piece of Cortes Island history.

Why Wolf Bluff Castle Was a Rare Opportunity

Wolf Bluff Castle illustrates the appeal of unique island properties for sale in B.C.:

1. Undervalued historic structures: Properties with character, history, or unusual architecture often attract buyers seeking something truly different.

2. Renovation potential: The castle was perfect for those willing to invest in a project, with opportunities to create a dream estate.

3. Island lifestyle: Remote yet accessible, Cortes Island offers natural beauty, privacy, and a strong sense of community.

For other examples of rare B.C. island properties, see my Unique Coastal Properties page.

Cortes Island Real Estate: What Buyers Should Know

Cortes Island has a year-round population of roughly 1,000 residents and is a popular destination for vacationers in summer. Real estate here moves differently than in urban areas — character and location often outweigh size or finishing.

For more guidance, explore my Cortes Island Homes for Sale page or learn how to Sell Your Island Home effectively.