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MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Building Info
Marble Hill by Noura Homes at 7138 Marble Hill Rd, Chilliwack, BC V4Z 1J5, Canada. Located at crossroad Mable Hill Road and Ramsay Place. Marble Hill is a new single family home community. Comprise fo 10 elegant units, 2 levels and has scheduled completion in 2023. Available units range in price from $1,399,900 to $1,498,000. Each 4 to 6-bedroom home features an open concept floor plan with up to 3,500 sq. ft of energy-efficient details, customized to create your perfect family.
Marble Hill are built to meet the needs of families seeking balance and sanctuary. Bright, spacious open-concept design with high ceilings flooded with light and seamlessly connected with the natural surroundings. Bathe in tranquillity from the comfort of your own home only minutes away from all Chilliwack has to offer.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
ELEGANT INTERIORS • Modern open-concept interiors Elevated living space with 10' ceiling on main floor • Easy-to-maintain engineered hardwood flooring • Cozy and elegant gas fireplace • Designer wall, accent, and trim paints • Window casings and baseboards • Wood-finished railings with metal spindles • Pot lights throughout main and upper floors
DURABLE EXTERIORS • Elegant west coast modern architecture • Beautiful and professional landscaping • Large veranda, deck and back patio* • Premium easy-care vinyl siding • Cedar fencing with latched side gate • Brushed smooth concrete driveway
GOURMET KITCHEN • Spacious designer kitchen for the in-house chef • Flawless and d?rable quartz countertop Clean and simple shaker cabinets • Oversized quartz island • Double-bowl sink with garburator • Easy to maintain quartz tile backsplash • Option to include a spice kitchen • Pot lights throughout main and upper floors
INSPIRING BATHROOM • Indulgent ensuite bathroom with a deluxe handheld/rain shower • Seamless quartz countertop • Luxury frameless shower in master bath with glass doors and tile shower
EXTRAORDINARY LIVING • 2-car garage with insulated door • Air conditioner or energy saving heat pump, alarm system and central vacuum rough in • Cat5 pre-wired in all bedrooms, living, family room and den • Energy saving Navien tankless hot water system • 2X6 Construction with R-20 insulation walls, R-40 insulation in attics • Energy star Low "E" glass, double glazed windows • High efficiency natural gas furnace with ducting
IMMACULATELY FINISHED BASEMENT • Durable laminate flooring throughout • Spacious recreation room • Full 4-piece bathroom includes tub with tile surround and floors • 1-bedroom plus 4-piece bathroom • Opportunity to upgrade to legal suite which includes: o Designer kitchen cabinets o Separate entrance o Large windows to allow or natural light
PIECE OF MIND 2-5-10 WARRANTY • 2 years Material and labour • 5 years Building Envelope • 10 years Structural Defects
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2023
Levels
2
Construction
Frame - Wood
Strata Information
Strata Plan #
Units in Development: 10
Units in Strata: 10
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