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Selling in a Shifting Squamish Market: Why Pricing Matters More Than Ever

We’re into August, and I think we’ve reached a point in the Squamish real estate market where sellers need to have a very realistic and very honest conversation about price.

This is not a panic article. I’m not predicting that Squamish real estate is suddenly going to fall 10%, and I’m certainly not suggesting everyone needs to rush out and sell.

But if you are trying to sell your property right now, the market is telling us something pretty clearly:

Buyers are no longer willing to automatically step up and pay yesterday’s prices.

And sellers who recognize that early are going to put themselves in a much better position than sellers who spend the next three or four months chasing the market down.

The Data Is Starting to Tell a Story

I’ve talked before about the probability index I use when looking at the direction of the Squamish market. The most recent reading suggested roughly a 67–70% probability of downward pressure on prices.

But I'm also seeing it in the underlying market data.

Days on market are increasing.

What's particularly interesting is how they're increasing. We're not seeing a sudden spike followed by a drop. We're seeing a gradual increase as properties stay on the market longer and longer.

Why?

Part of the problem is that sellers naturally remember what their property might have been worth six months ago. They see another home listed for a certain price and think:

"Well, if they're asking that, mine must be worth this."

But an asking price isn't a market value.

What somebody lists their home for doesn't matter nearly as much as what comparable properties are actually selling for.

And right now, sale prices have been coming down across the different segments of the Squamish market, including detached homes, townhouses and apartments.

One Number I'm Watching Closely

Another important indicator is the percentage of original asking price that sellers ultimately receive.

Historically, receiving somewhere around 98–99% of asking price has been fairly normal in our market.

Recently, that number has dropped considerably. Our latest reading was approximately 96.3%.

That may not sound dramatic, but from a market perspective it's significant.

When properties consistently sell several percentage points below asking price, those sales become the comparables for the next group of sellers.

Then those lower sales become the new benchmark.

That's how downward pressure can gradually work its way through a real estate market.

We saw the sale-to-original-price relationship reach approximately 100% in February 2026, and we saw something similar around June 2024 before the market subsequently softened.

I'll be watching this number particularly closely through August because I think there's a reasonable possibility it moves lower again.

Stop Comparing Your Home to Other Asking Prices

If you're selling right now, one of the most important things you can do is sit down with your Realtor and really study your competition.

And I mean really study it.

I'd probably start by looking at everything approximately $100,000 below and $100,000 above where you think your property should sell.

Don't just glance at the MLS sheet.

Look at the photos.

Look at the renovations.

Look at the floor plan.

Look at the location.

Look at the view.

If it's a townhouse or condo, where is it positioned within the complex? Is it an end unit? What's the exposure? What's outside the windows? What's the parking situation? Does it have outdoor space?

Then compare those properties to the ones that have actually sold.

That's where the real information is.

Now Pretend You Don't Own Your Home

This is probably one of the hardest exercises for a seller, but I think it's incredibly valuable.

Pretend you're the buyer.

Take your property and the best comparable property available and put them side by side.

If you were coming up from Vancouver to buy a home in Squamish, which one would you choose?

What would you like better about the other property?

What would you like better about yours?

Now imagine you're downsizing. Does your answer change?

Imagine you're a young family upsizing into your next home. Does it change again?

Try to remove your emotional connection to the property and look at it the way those buyers will.

Because ultimately they're the ones determining the value.

You might genuinely believe your home should be worth $1.3 million. But if buyers consistently choose a comparable property at $1.2 million, the market is giving you some pretty important information.

Don't Chase a Falling Market

This is probably the biggest message I want sellers to take away from this.

In a rising market, being slightly overpriced can sometimes be forgiven because the market eventually catches up with you.

In a softening market, the opposite can happen.

You list too high.

You don't get the activity you expected.

You wait.

Then you reduce the price.

But during that time, another comparable property sells lower.

So you reduce again.

And suddenly you're chasing the market instead of getting ahead of it.

That can become particularly important as we move toward fall and winter.

There's a seasonal component to the Squamish market. Buyers don't disappear in the winter, but activity can slow, and if your property has already accumulated significant days on market, you're potentially entering that quieter period from a weaker position.

That's why getting the price right at the beginning matters so much right now.

Spend the Time Before You Choose the Price

If you're thinking about selling, don't settle for a five-minute conversation about what your home is worth.

Spend an hour.

Maybe spend two.

Go through the competing listings and recent sales property by property and understand exactly where your home fits.

At Team Hudson Squamish, we're happy to spend that time with our sellers because I think pricing correctly from the beginning is one of the most important things we can do for a client in this type of market.

There will still be homes that sell quickly.

There will still be properties that attract multiple interested buyers.

And there will absolutely still be good sales.

But increasingly, those successful sellers are going to be the ones who understand where the market is today rather than where it was six months ago.

If you're selling in Squamish right now, don't panic.

Just be realistic, study the competition, listen to what the buyers are telling you, and put yourself in a position to succeed.

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The Hidden Gems That Make Every Squamish Neighbourhood Special

This morning reminded me of something I think we sometimes take for granted when we live in Squamish.

I get up pretty early most mornings, work out, and usually get outside for a walk. Today my workout called for a longer walk or a run, so I decided to go for a run along the dike in Valleycliffe.

And somewhere along the way, I found myself thinking: this is ridiculous.

Not ridiculous in a bad way. Ridiculous in the sense that I was running through scenery that people travel halfway around the world to experience, and it was about two minutes from my front door.

That got me thinking about something I see all the time in real estate.

When people are looking at homes in Squamish, they often become very focused on choosing the "right" neighbourhood. Brackendale has this. Valleycliffe has that. The Highlands has something else. Downtown gives you something completely different.

But after living in different parts of Squamish over the years, I've realized there is another side to it.

Every neighbourhood seems to have its own little secrets.

And once you discover them, you tend to fall in love with wherever you happen to live.

This Morning in Valleycliffe

If you live in Valleycliffe, you can be down at the river and dike system in minutes.

This morning I was running along the dike with the Chief towering above everything, the river beside me, people walking dogs, riding bikes and running, and everybody just seemed happy to be there.

Along the river there are all these little spots where you can get down to the water. Some are little swimming holes. Some are shallow areas where you can sit in the water on a hot summer day. Some people use them for a quick cold plunge.

And you're sitting there in a river looking up at the Chief.

It's pretty hard to beat.

There isn't one giant parking lot announcing that you've arrived at some major attraction. There are different access points and places to park throughout the area, and that's part of what makes it feel different. It still feels like something the neighbourhood gets to enjoy rather than a big tourist destination.

Keep going and you're suddenly connected to mountain bike trails and kilometres of forest. You can go for a serious ride, take the dog for a walk, run the trails or just disappear into the woods for half an hour.

Yet you're still right beside a residential neighbourhood.

That combination is pretty special.

Then I Started Thinking About Brackendale

I lived in Brackendale for years, and it has its own version of exactly the same thing.

Judd Beach and Fisherman's Park are incredible.

There are stretches along the river where you're walking on what feels like a white sand beach. You've got the river beside you, mountains surrounding you, the breeze coming through the valley and people swimming, walking dogs, playing with their kids or just sitting beside the water.

From there, you can make a great loop using the dike and trail system. You can walk for 40 or 50 minutes in one direction, come back another way and barely feel like you've been in a town at all.

When you live there, it's literally outside your back door.

And that's the funny thing about Squamish. These aren't necessarily places you put on an itinerary.

They're just where you go after dinner.

Garibaldi Estates Has Its Own Version

The Estates feels completely different again.

There are walking trails accessible from both sides of the neighbourhood, including the trails around the Squamish Valley Golf Course.

You can wander along relatively easy, open trails beside the golf course, through forest and alongside waterways where you can see salmon spawning at the right time of year.

You can keep going and eventually connect through the trail network toward the Adventure Centre and other parts of town.

There are sections along the river where the landscape changes completely. The water has carved into the banks and you find yourself looking down toward a much wider stretch of river below.

It's beautiful.

And once again, you can access all of this from a neighbourhood where somebody might simply think, "I'm buying a house near the golf course."

There's much more there once you start exploring.

Even Downtown Has a Wilderness Escape

Downtown Squamish obviously gives you something different.

You've got shops, restaurants and everything happening downtown, but then you head toward the waterfront and suddenly you're watching kiteboarders out on the water with the mountains surrounding Howe Sound.

And right beside that is another one of my favourite little surprises: the Squamish Estuary.

You can access the Estuary trails from around the waterfront and Sp'akw'us Feather Park area, and within minutes the town seems to disappear.

You're walking through wetlands and forest with birds and wildlife around you, yet downtown is basically right behind you.

That's what I mean when I talk about these hidden gems.

They're not necessarily hidden because nobody knows about them. They're hidden because you don't always realize how much is there until you actually live nearby and start exploring.

And Then There Are the Highlands

Garibaldi Highlands might have more trail access than you could explore in years.

There are trails heading off in seemingly every direction, from easy forest walks to some of the mountain biking that has helped make Squamish famous.

Then there's Ring Creek.

Calling it a creek almost seems misleading in places because of the amount of water that can move through it. It's beautiful, wild and powerful.

There are places people access the water, although this is definitely one where you need to respect the current, water levels and conditions. It isn't the same gentle swimming-hole experience you can find in some other parts of town.

But again, imagine having all of that a few minutes from home.

Maybe There Isn't a "Best" Neighbourhood in Squamish

That's really what occurred to me on my run this morning.

I've been selling real estate in Squamish for more than 25 years, and buyers understandably spend a lot of time trying to figure out which neighbourhood they want to live in.

And neighbourhood matters.

Schools matter. Commute matters. Sun exposure matters. Lot size matters. Walkability matters. The style and price of homes matter.

But I think sometimes we put too much pressure on finding the one perfect neighbourhood.

Because Squamish has this strange ability to make you fall in love with wherever you end up.

Maybe you wanted Brackendale but found the right house in Valleycliffe.

Maybe you thought you had to be in the Highlands and ended up in the Estates.

Maybe you never imagined yourself living Downtown until you realized you could walk out your door, grab a coffee and be wandering through the Estuary a few minutes later.

You start exploring.

You find your trail.

You find your swimming hole.

You find your favourite stretch of river.

You figure out where you like to walk the dog, where you go for a run, where you take the kids, where you sit beside the water when it's 30 degrees outside, or where you go when you've had a long day and just want half an hour in the woods.

And eventually those places become part of what "home" means.

That's the Squamish Part You Can't Really Put on an MLS Listing

We can put square footage, bedrooms, bathrooms and lot size on a listing.

We can tell you a home is close to trails.

But it's hard to explain what it feels like to walk two minutes from your house and suddenly be beside a river, surrounded by mountains, with people swimming and dogs running around and the Chief filling half the sky.

You have to experience it.

And the longer I live here, the more I realize those experiences aren't confined to one special part of Squamish.

They're everywhere.

Every neighbourhood has something.

Some of it is well known. Some of it is still a bit of a local secret. And some of it you don't discover until you've lived there for a while.

Maybe that's one of the best things about living in Squamish.

You don't necessarily have to find the perfect neighbourhood.

Sometimes you find the right home.

And then the neighbourhood shows you why you're going to love living there.

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Open House. Open House on Saturday, August 8, 2026 12:00PM - 2:00PM

Please visit our Open House at 60 39769 Government Road in Squamish. See details here

Open House on Saturday, August 8, 2026 12:00PM - 2:00PM

Welcome to the Breeze, perfectly designed for the Sea to Sky lifestyle. This 4-level home features a spacious garage with ample storage on the ground floor. The main level offers an open-concept layout with a stunning kitchen, dining area, and bright living space, plus a convenient powder room and upgraded laminate flooring throughout. Upstairs, you will find 3 generously sized bedrooms and 2 bathrooms, ideal for families or guests. The top floor features a spectacular Sky Lounge with breathtaking 360 degree views, perfect for relaxing or entertaining. A rare opportunity to own a stylish and functional home in a sought-after community.

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New property listed in Northyards, Squamish

I have listed a new property at 60 39769 Government Road in Squamish. See details here

Welcome to the Breeze, perfectly designed for the Sea to Sky lifestyle. This 4-level home features a spacious garage with ample storage on the ground floor. The main level offers an open-concept layout with a stunning kitchen, dining area, and bright living space, plus a convenient powder room and upgraded laminate flooring throughout. Upstairs, you will find 3 generously sized bedrooms and 2 bathrooms, ideal for families or guests. The top floor features a spectacular Sky Lounge with breathtaking 360 degree views, perfect for relaxing or entertaining. A rare opportunity to own a stylish and functional home in a sought-after community.

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New property listed in Brackendale, Squamish

I have listed a new property at 41741 Dogwood Place in Squamish. See details here

Mountain views, privacy, and room to breathe-welcome to Brackendale living. This well-maintained 3-bedroom, 2-bathroom duplex offers bright, functional living space on an approximately 4,500 sq ft lot. Vaulted ceilings and an open-concept design create an inviting atmosphere, while the covered sunroom and wrap-around deck provide the perfect setting to relax and enjoy the mountain backdrop. A versatile upper-level bonus space is ideal for guests, a home office, studio, or hobbies. The private yard with fire pit is perfect for entertaining, and the adjacent common property offers additional outdoor space to enjoy. Ample parking, including RV parking, and a peaceful cul-de-sac location just minutes from schools, trails, and recreation complete this exceptional Squamish home. (No Strata Fees)

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The Strata Fee Trap: Why the Lowest Monthly Fee Isn’t Always the Best Deal

When buyers start looking at condos and townhouses in Squamish, one of the first things they compare is the monthly strata fee.

It’s understandable. If one townhouse has a strata fee of $325 per month and another similar one is $575 per month, it seems obvious that the lower fee is the better value.

In reality, that’s often not the case.

After more than 25 years helping buyers and sellers in Squamish, I’ve learned that one of the biggest mistakes people make is assuming lower strata fees mean lower ownership costs. In many cases, they simply mean you’re paying less today and potentially much more tomorrow.

First, What Exactly Are Strata Fees?

If you’re new to buying a condo or townhouse, here’s a quick explanation.

Most attached homes in British Columbia belong to a strata corporation. Every owner contributes a monthly strata fee (sometimes called a maintenance fee) that helps cover the ongoing costs of operating and maintaining the property.

These fees typically pay for things such as:

  • Building insurance (not your personal contents insurance)

  • Landscaping

  • Snow removal

  • Exterior maintenance

  • Roofing and siding repairs

  • Common area cleaning and lighting

  • Garbage and recycling services

  • Professional strata management

  • Contributions to the Contingency Reserve Fund

Some developments also include amenities such as gyms, clubhouses, elevators, guest suites or amenity buildings, which naturally increase operating costs.

Every strata is different, but the principle is the same: everyone contributes toward maintaining the property over the long term.

Here’s What Most Buyers Don’t Realize

Regardless of whether a strata charges low fees or high fees, it costs roughly the same amount to maintain a similar building.

Yes, there are differences.

Older buildings generally require more maintenance than newer ones. The type of exterior cladding, roofing materials, elevators, underground parking and amenities all affect operating costs.

But when you’re comparing similar properties in Squamish, there is usually a fairly predictable range that strata fees eventually settle into.

Based on what I’ve seen across our local market, a reasonable expectation is approximately:

  • One-bedroom condo: around $380 to $390 per month

  • Two-bedroom condo: around $470 to $480 per month

  • Three-bedroom townhouse: around $550 to $600 per month

Another way to estimate costs is by square footage.

In Squamish, many developments tend to fall roughly within these ranges:

  • Condos: approximately $0.50 to $0.55 per square foot per month

  • Townhouses: approximately $0.30 to $0.35 per square foot per month

These aren’t hard rules, but they’re useful benchmarks when evaluating a property.

Low Strata Fees Can Be Misleading

Imagine you’re buying a newer three-bedroom townhouse.

The monthly strata fee is only $250.

It feels like a bargain.

But ask yourself this:

Is it really costing only $250 per month to maintain the roads, landscaping, insurance, roofing, siding, management, reserve fund and everything else?

Probably not.

More often than not, those lower fees simply mean the strata hasn’t built up enough money yet.

Understanding the Contingency Reserve Fund

Part of every strata fee goes into what’s called the Contingency Reserve Fund (CRF).

Think of it as the building’s long-term savings account.

It’s there to pay for major repairs and replacements over time, including things like:

  • Roof replacement

  • Exterior repairs

  • Siding replacement

  • Common area upgrades

  • Unexpected major maintenance

If the reserve fund has enough money, these projects can often be completed without asking owners for additional funds.

But if the reserve fund falls short, owners receive what’s known as a special levy.

The Surprise Nobody Wants

Let’s say your strata has only $150,000 saved.

Then the roof needs replacing and the project costs $400,000.

That extra $250,000 has to come from somewhere.

The result?

Every owner might suddenly receive a bill for several thousand dollars.

I’ve seen special levies ranging from a couple thousand dollars to well over $10,000 per owner depending on the project.

Nobody enjoys getting that letter in the mail.

My Recommendation

This is the advice I give many of my own clients.

Don’t budget based on what today’s strata fee happens to be.

Budget based on what the property is likely to cost over the long term.

For example:

If you’re buying a three-bedroom townhouse with a $250 monthly strata fee, but similar properties generally average around $575 per month, continue budgeting as though your monthly cost is $575.

Pay the actual $250 to the strata.

Then automatically transfer the remaining $325 into your own savings account every month.

Now you’ve created your own reserve fund.

If a $6,000 special levy arrives two or three years later, you’ll likely have the money waiting.

If nothing happens?

Fantastic.

You now have a healthy savings account that can go toward your next home, renovations, moving costs or simply increasing your financial security.

It’s a win either way.

What If Your Strata Fees Are Already High?

Higher strata fees aren’t necessarily bad.

In many cases, they’re a sign that the strata is properly funding maintenance and planning ahead.

I’d still recommend putting aside another 8% to 10% of your monthly strata payment into a dedicated home maintenance savings account.

You may never need it.

But if something unexpected happens, you’ll be prepared instead of scrambling.

The Bottom Line

One of the biggest financial mistakes buyers make is choosing a property simply because the monthly strata fee is lower.

A lower fee doesn’t automatically mean lower ownership costs.

In many cases, it simply delays those costs until later.

Instead of focusing on today’s monthly payment, think about what the property is likely to cost over the years you own it.

Budget for the long term.

Save the difference if your fees are unusually low.

Keep a small maintenance reserve even if your fees are already high.

Doing that won’t just protect you from unpleasant surprises. It will make homeownership less stressful, more predictable and far easier to manage financially.

That’s one of the smartest habits any strata owner can develop.

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Pricing Your Home in a Softening Squamish Real Estate Market: Why Strategy Matters More Than Ever

Pricing for Tomorrow's Market, Not Yesterday's

Why sellers need a different strategy when the market begins to soften

Every real estate market has its own personality.

Sometimes buyers compete aggressively. Homes sell in days, multiple offers are common, and pricing slightly below market value can produce exceptional results.

Other times, the market quietly changes.

Not overnight.

Not dramatically.

But enough that the strategies which worked six months ago simply don't work anymore.

From what I'm seeing on the ground in Squamish today, I believe we've entered one of those periods.

In over 25 years of selling real estate, I've only seen this type of market transition three times.

And while history never repeats itself perfectly, it often rhymes.


The Most Difficult Markets Aren't Falling Markets...

They're the Markets That Stop Moving

One of the biggest misconceptions about a softening market is that prices immediately start falling.

That's rarely what happens.

Instead, something much more subtle takes place.

Buyers become cautious.

Sellers continue pricing their homes based on yesterday's market.

The result?

Very few properties actually sell.

When sales volume drops, something interesting happens.

It becomes incredibly difficult for everyone, buyers, sellers and even REALTORS®, to determine what market value actually is.

The market hasn't stopped because homes suddenly aren't worth anything.

It's stopped because buyers and sellers haven't yet agreed on today's value.


Why This Matters

When very few homes are selling, buyers gain patience.

Instead of feeling pressure to make quick decisions, they begin waiting.

They know another property will likely come along.

They know motivated sellers may negotiate.

They know they have options.

That's a very different environment from the one we've experienced over much of the past several years.


What History Has Taught Me

Every market cycle is different, but I've now experienced this type of transition three separate times during my career.

In each case, the pattern looked remarkably similar.

The market slowed.

Prices softened.

Activity stabilized.

Sometimes prices softened again before eventually finding their footing.

In those previous cycles, prices ultimately declined by roughly seven percent before the market established a new equilibrium.

Does that mean we'll see exactly the same thing this time?

Absolutely not.

Every cycle has different economic conditions.

But it does remind us that markets rarely move in a straight line.

They pause.

They adjust.

Then they eventually find balance again.


The Biggest Mistake Sellers Make

Most sellers think they're pricing for today's market.

In reality, they're often pricing for yesterday's.

That's an important distinction.

In a rising market, pricing at market value is usually enough.

By the time buyers negotiate, market values may already have moved higher.

In a softening market, the opposite can happen.

If the market is gradually declining while your home sits unsold, your asking price effectively becomes more expensive every week.

You're not standing still.

You're slowly becoming overpriced.

Eventually many sellers reduce their price.

Then reduce it again.

In real estate we often call this chasing the market.

And it's one of the most expensive mistakes a seller can make.


Price Ahead of the Market, Not Behind It

This is why my advice to sellers changes during markets like today's.

If your goal is to sell within the next six months, your pricing strategy matters more than ever.

Rather than testing the market with an optimistic price, it often makes more sense to price sharply from day one.

That doesn't mean giving your home away.

It means recognizing where the market is heading rather than where it has been.

Ironically, pricing slightly below where competing listings sit can actually produce a stronger result.

When buyers recognize value, they show up.

More showings create more interest.

More interest creates competition.

And competition is still the best way to discover true market value.

I've seen many sellers receive a better outcome by pricing strategically than by reducing their price several times over a period of months.


The Economic Picture Adds Some Uncertainty

Real estate doesn't exist in isolation.

Interest rates, inflation, employment, consumer confidence and global economic conditions all influence buyer behaviour.

Today, central banks continue to balance inflation against economic growth. While the Bank of Canada recently held its policy rate steady, it also acknowledged that uncertainty remains high. In the United States, the Federal Reserve also held rates steady, although some policymakers argued that inflation risks could require tighter policy in the future.

No one knows exactly how these factors will affect housing over the next six to twelve months.

But uncertainty alone is often enough to make buyers more selective.


Looking Ahead to the Fall Market

Seasonality matters too.

As we move from late summer into fall, the Squamish market typically becomes less active than the spring market.

There are still successful sales.

There are still motivated buyers.

But the pace often slows.

If that seasonal slowdown overlaps with softer pricing, it can create the impression that nothing is happening.

In reality, transactions are still taking place.

They're just happening at prices that reflect today's market rather than yesterday's expectations.

We may not have a much clearer picture until the spring inventory begins arriving in February, when more sales provide stronger evidence of where the market is heading.


The Opportunity Hidden Inside a Soft Market

Soft markets aren't bad.

They're simply different.

For buyers, they often provide more choice, more negotiating power and less pressure.

For sellers, they reward preparation, realistic expectations and smart pricing.

The sellers who understand the market they're in are usually the ones who achieve the best results.


My Take

The goal isn't to predict the future perfectly.

No one can.

The goal is to recognize the market that's in front of us and adjust accordingly.

If the market strengthens, fantastic.

If it softens a little further, we'll adapt.

That's what good real estate advice should do.

It shouldn't be based on hope.

It should be based on experience, evidence and a willingness to change strategies as the market changes.

Today, I believe that means pricing for tomorrow's market, not yesterday's.

Because in a softening market, the first price is often the most important one you'll ever choose.

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Why Homes With Suites Are Selling Faster Than Townhouses in Squamish

If there's one thing I've noticed recently in the Squamish real estate market, it's this:

Not all price ranges are behaving the same.

In fact, some of the strongest competition we're seeing isn't necessarily for the cheapest homes. Instead, it's for detached houses with legal or usable rental suites.

At first glance, that seems a little odd.

A buyer might be comparing a nearly new townhouse for around $900,000 to $1.2 million with a detached home priced around $1.5 million. That's a significant jump in price, often between $300,000 and $600,000.

Yet time and again, it's the detached home with the suite that's attracting the greatest interest.

So why?

I don't think the answer is as simple as "buyers want rental income."


The Numbers Don't Always Add Up

Many buyers tell themselves that the rental suite will help pay the mortgage.

That's certainly true.

But when you actually run the numbers, the additional rent often doesn't fully offset the larger mortgage required to purchase the more expensive home.

For example:

  • A buyer spends an extra $400,000 to purchase a detached home instead of a townhouse.

  • The suite generates monthly rental income.

  • However, depending on mortgage rates, taxes, insurance, and maintenance, that rental income may not fully cover the additional cost of owning the more expensive property.

If your only goal was reducing monthly housing costs, the townhouse can often be the more economical choice.

Which raises an interesting question:

Why are so many buyers still choosing the detached home?


I Think Buyers Are Looking Beyond Today's Mortgage Payment

After talking with buyers over the past several months, I think the appeal of a suite goes well beyond simple math.

Many buyers aren't purchasing the home they need today.

They're buying the home they'll still want in ten or twenty years.

A detached home with a suite offers flexibility that a townhouse simply can't.

For example:

  • A young couple might live in the suite while renting out the main house to reduce costs early on.

  • Later, they can move upstairs as their family grows.

  • Years down the road, aging parents may move into the suite, allowing multiple generations to live on one property while maintaining privacy.

  • Adult children could use the space before eventually moving out.

  • The suite provides a source of income if financial circumstances change.

In other words, buyers may be purchasing options rather than simply purchasing square footage.

That flexibility has real value, even if it's difficult to calculate on a spreadsheet.


Squamish's Growth Could Be Part of the Story

There's another factor that may be influencing buyer behaviour.

Squamish continues to evolve, with planning policies increasingly encouraging higher-density housing in appropriate areas. Over time, land that supports additional housing options may become more valuable than land that is limited to a single use. While no one can predict future property values with certainty, many buyers appear to believe that detached properties with additional flexibility will hold their appeal as the community grows.

That doesn't guarantee higher appreciation.

But it may explain why detached homes continue to attract such strong demand despite their higher purchase price.


Buyers May Be Thinking Longer Term Than We Realize

It's easy to assume buyers are making emotional decisions.

In reality, they may simply be taking a much longer view.

They're asking questions like:

  • What happens if mortgage rates change?

  • What if my parents need a place to live?

  • What if my kids stay at home longer than expected?

  • What if I lose my job and need additional income?

  • What if I eventually want to create wealth through real estate?

A suite provides answers to many of those questions.

That flexibility has become increasingly valuable in today's uncertain economic environment.


What This Means for Sellers

If you own a detached home with a suite, particularly in the approximately $1.4 million to $1.6 million price range, you're currently competing in one of the strongest segments of the Squamish market.

That doesn't mean pricing no longer matters.

It absolutely does.

However, buyers appear willing to pay a premium for properties that offer flexibility, future income potential, and room for changing family needs.

The key is making sure your marketing highlights those benefits, not just the number of bedrooms or the rental income.


What This Means for Buyers

If you're shopping for a home, it's worth asking yourself one important question:

Are you buying for the next three years, or the next twenty?

Sometimes the best financial decision isn't the property with the lowest monthly payment.

Sometimes it's the property that gives your family the greatest number of options as life changes.

That doesn't mean every home with a suite is worth paying more for. The numbers still matter, and every property should be evaluated on its own merits.

But the current market suggests many buyers are placing a premium on flexibility, and that may be one of the defining trends in Squamish real estate right now.

My Take

One of the things I enjoy most about real estate is that buyers continually challenge assumptions.

On paper, a townhouse often appears to offer better monthly value than a detached home with a suite.

Yet the market keeps telling a different story.

Maybe buyers are valuing flexibility more than immediate cash flow. Maybe they're planning for multi-generational living. Maybe they're thinking about the long-term scarcity of detached land in Squamish.

Or maybe it's a combination of all three.

Whatever the reason, it's one of the clearest trends I'm seeing on the ground today, and it's a reminder that real estate decisions are rarely based on spreadsheets alone.


Frequently Asked Questions

Do homes with suites sell faster in Squamish?

In the current market, many detached homes with suites are attracting significantly more interest than similarly priced townhouses or duplexes. The exact outcome depends on pricing, location, condition, and the quality of the suite.

Is a rental suite always worth paying more for?

Not necessarily. Buyers should compare the additional mortgage costs with the rental income, maintenance expenses, taxes, and their long-term goals.

Why are buyers willing to pay more for detached homes?

Many buyers value flexibility. A suite can provide rental income, accommodate family members, or adapt to changing life circumstances over many years.

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Open House. Open House on Saturday, July 25, 2026 12:00PM - 2:00PM

Please visit our Open House at 38304 Westway Avenue in Squamish. See details here

Open House on Saturday, July 25, 2026 12:00PM - 2:00PM

Exceptional opportunity to own a spacious Valleycliffe home offering outstanding flexibility for families, multi-generational living, or buyers looking to significantly offset their cost of ownership. This well-maintained residence features over 3,850 sq. ft. of living space with radiant in-floor heating, a durable concrete tile roof, generous parking, and a functional layout designed to adapt to a variety of lifestyles. The property offers excellent income potential, making it an attractive option for buyers seeking long-term value while enjoying one of Squamish's most established neighbourhoods. Located just steps from schools, trails, parks and shopping, this is a rare opportunity to purchase a home that combines space, flexibility and investment potential in the heart of Valleycliffe.

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New property listed in Valleycliffe, Squamish

I have listed a new property at 38304 Westway Avenue in Squamish. See details here

Exceptional opportunity to own a spacious Valleycliffe home offering outstanding flexibility for families, multi-generational living, or buyers looking to significantly offset their cost of ownership. This well-maintained residence features over 3,850 sq. ft. of living space with radiant in-floor heating, a durable concrete tile roof, generous parking, and a functional layout designed to adapt to a variety of lifestyles. The property offers excellent income potential, making it an attractive option for buyers seeking long-term value while enjoying one of Squamish's most established neighbourhoods. Located just steps from schools, trails, parks and shopping, this is a rare opportunity to purchase a home that combines space, flexibility and investment potential in the heart of Valleycliffe.

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Open House. Open House on Sunday, July 19, 2026 1:00PM - 3:00PM

Please visit our Open House at 60 39769 Government Road in Squamish. See details here

Open House on Sunday, July 19, 2026 1:00PM - 3:00PM

Welcome to the Breeze, perfectly designed for the Sea to Sky lifestyle. This 4-level home features a spacious garage with ample storage on the ground floor. The main level offers an open-concept layout with a stunning kitchen, dining area, and bright living space, plus a convenient powder room and upgraded laminate flooring throughout. Upstairs, you will find 3 generously sized bedrooms and 2 bathrooms, ideal for families or guests. The top floor features a spectacular Sky Lounge with breathtaking 360 degree views, perfect for relaxing or entertaining. A rare opportunity to own a stylish and functional home in a sought-after community.

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Open House. Open House on Sunday, June 28, 2026 12:00PM - 2:00PM

Please visit our Open House at 38304 Westway Avenue in Squamish. See details here

Open House on Sunday, June 28, 2026 12:00PM - 2:00PM

Welcome to 38304 Westway Avenue, a beautifully maintained7 bedroom home in the heart of Valleycliffe offering the perfect blend of comfort, flexibility, and lifestyle. Thoughtfully designed with a spacious layout and valuable income potential, this property is ideal for families, multi-generational living (all connected), or buyers looking for added mortgage support. Enjoy quality features including radiant heating, a durable tile roof, and enhanced soundproofing for everyday comfort and privacy. Set in one of Squamish's most established neighbourhoods, you're just moments from schools, local cafes, shops, scenic trails, and endless outdoor recreation. A rate opportunity to own a versatile home that truly captures the best of Sea to Sky living. (OPEN HOUSE CANCELLED Saturday May 31)

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