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New property listed in Aldergrove Langley, Langley

I have listed a new property at 26754 32A AVE in Langley. See details here

Fantastic location, on a quiet no thru road. Open concept living with a beautifully renovated kitchen, large living room, and patio access off the dining area to a large covered sundeck just refinished in 2020. 4 bedrooms total, both bathrooms fully updated, and a large laundry room. HUGE yard fully fenced, perfect for kids and pets. Family oriented neighborhood, walk to all levels of schools and parks. and a short drive to the Otter Outdoor Waterpark. Aldergrove is a thriving community that is expected to see massive growth in the coming years. Secure your own piece of land, and watch your investment grow! See you at the OPEN HOUSE! Sept 23 & 24th from 2-4pm.

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Is it safe to live near powerlines?

Do power lines effect property values?

Do power lines cause cancer?

Are power lines bad for your health?

Is it safe to live near power lines?

How much do power lines effect home values?

What is the resale value of a home near power lines?


These are all valid concerns to address when buying a home and the answers may surprise you!

Power lines emit electric and magnetic fields, commonly referred to as EMFs. EMF represents a type of non-ionizing radiation that emanates from various electrical sources, including power lines, household wiring, everyday appliances, Wi-Fi devices, computers, and more. EMF exposure is a part of our daily lives, regardless of our proximity to power lines. The farther you are from the EMF source, the lower your radiation exposure tends to be. While burying power lines underground may enhance the visual appeal of a property, it doesn't reduce EMF exposure when compared to overhead power lines with the same voltage and current.

Now that we have an understanding of what EMF entails, let's delve into the potential health risks associated with power lines near your residence.

Is there a connection between EMFs and health concerns? There is a definite association between high-level EMF exposure and the stimulation of nerves and muscles. However, these exposure levels would need to significantly exceed 100 microteslas (uT), far beyond what one would typically encounter in any residential setting. Such extreme exposure levels are not a cause for worry or concern in residential areas of British Columbia.

Does living near power lines cause cancer?

Both Health Canada and the World Health Organization concur that routine exposure to EMFs at low frequencies does not pose a health risk. It is true that EMFs are classified as a potential carcinogen, but they fall into the lowest category of this classification. Other items in this category include aloe vera and pickled vegetables.

Proximity to power lines does play a role in the resale value of a home

There are many factors that effect the value of your home, including but not limited to: location, age, size, number of bedrooms, number of bathrooms, views etc.  Proximity to power lines is another. The stigma around perceived safety issues and decreased curb appeal are the two main reasons for the lower price tag. Homes near power lines will generally sell for a little less than comparable homes away from power lines. The good news is, if you want to buy a home near power lines you are likely to save some money compared to other similar homes in the neighbourhood.  Just remember that when it comes time for you to sell, potential buyers are going to want the same deal and considerations you had when purchasing the home. If you are considering purchasing a home near power lines, it is best to speak with your Realtor® over any concerns you may have. 

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B.C. caps allowable rent increase in 2024 at 3.5 per cent

The government of British Columbia has decided that landlords can only increase the rent on their properties by a maximum of 3.5 percent next year. This rate is lower than the general increase in the cost of living.

This decision might sound good for renters who are struggling to afford their homes due to rising expenses, but it's also causing difficulties for landlords.

David Hutniak, who heads a group representing about 3,300 property owners in B.C., explained that landlords are facing rising costs too. Things like insurance, utilities, and taxes have become much more expensive. He acknowledges the challenges renters are going through but points out that landlords have had very small or no rent increases since 2020.

Hutniak worries that because of these restrictions, many landlords are finding it hard to make ends meet and keep their properties in good condition. This isn't good for their businesses in the long run.

The government says that the 3.5% rent increase limit for 2024 is lower than the average inflation rate, which is about 5.6 percent. This rule applies to rent increases starting from January 1, 2024. Landlords can only raise the rent once a year and must give tenants three months' notice before doing so.

Premier David Eby explained that this decision aims to strike a balance between the needs of renters, who face increasing rent costs, and landlords, who might struggle with higher interest rates and consider selling their properties instead of renting them out.

In short, the government is trying to find a fair solution, but it's a tough challenge to satisfy both renters and landlords.

What are your thoughts on this move?
 
Full details at https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/during-a-tenancy/rent-increases
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I have sold a property at 4994 240 ST in Langley

I have sold a property at 4994 240 ST in Langley. See details here

Beautiful and private one acre parcel, fully fenced and gated. You'll love the warm 3 bedroom home, with family gatherings in mind when it was built. Large living room with cozy gas fireplace, and a kitchen that overlooks the backyard and barn. Enjoy the sunrise on the back deck in the mornings, and evening tea on the private front porch in the evenings. Detached double garage for the car buff in the family, and a 2 stall barn with tack room at the back of the property. Multiple fertile garden beds and the perimeter of the property is lined with mature trees for ultimate privacy. 5 minutes from Thunderbird show park, and quick highway access. Walk to elementary and secondary schools, Brown park is next door, call today to book your private tour.

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New property listed in Langley City, Langley

I have listed a new property at 4467 202 ST in Langley. See details here

Welcome to your new home. This friendly family oriented neighbourhood has so much to offer. Schools of all levels, and Alice Brown Elementary within walking distance. Penzer Action Park is a 10 min bike ride away offering basketball courts, parkour, pump track, and a bike track. Multiple options for walking trails and uplands dog park for your fur babies. Open concept living offers 3 bedrooms, 3 baths, plus a rec room w/walkout to backyard. Fully renovated - new windows, hardy plank siding, kitchen, sundeck, flooring, hot water tank all within the past 6 years. RV parking. Homes in this area don't last, you'll love living here. Private showings upon request or please join us at our Open House Sun Sept 10th at 12-2PM!

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