It's a good time to put your house up for sale.
The average detached home on the Coast has gone up in value an estimated 29 per cent from this same time last year.
"I think we're seeing an influx of people moving to the Coast, probably retirees, which would have an effect on house values," said Doug Anderson, realtor at Prudential Sussex Realty in Sechelt. He also noted younger couples living in Vancouver can not afford to buy homes in the city but are starting to purchase vacation homes on the Coast.
Anderson predicts the Coast will grow substantially in terms of development and new people in the next few years.
"My prediction is we'll see 89 per cent growth in the next 15 to 20 years," he said.
Anderson sees the Coast as a perfect place to live for people who want the small town feel and still want to be close to Vancouver."All of the other little areas near Vancouver have been built out. We're one of the last communities to see growth, but we're starting to be discovered on a big scale," he said.
Anderson noted the last time the Coast saw a property value jump close to 29 per cent was between 1993 and 1994.
