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Real Estate Trends Every Homeowner Should Watch in 2026

As we kick off 2026, the real estate landscape continues evolving — shaped by new technologies, shifting lifestyle priorities, and smart design choices that matter now more than ever. Whether you’re planning to sell, renovate, or simply maximize your home’s value, these trends will influence how we live, work, and invest in Greater Vancouver and Burnaby real estate this year.

🏡 1. Smart Home Technology Is Becoming Standard

Smart homes aren’t just for tech enthusiasts anymore — they’re increasingly expected by buyers and add real value to properties.

  • Advanced smart security systems, locks, cameras, and automated climate control are now mainstream.

  • AI-managed energy systems and voice-activated ecosystems streamline everyday life.

  • Smart integration helps reduce energy usage and utility costs — something Canadian homeowners are prioritizing in 2026. 

Why it matters: Homes equipped with smart systems tend to sell faster and often command higher offers, as tech becomes a selling point rather than a luxury.

🎨 2. Home Design Trends Blend Comfort With Personality

2026 design trends are moving toward richer, more personalized spaces with a focus on comfort and individuality:

  • Warm interiors, textured materials, and nature-inspired elements are rising in popularity.

  • Flexible rooms that can serve as offices, guest spaces, or hobby rooms are especially desirable as remote work persists.

Design that feels intentional and livable resonates with buyers — which not only enhances enjoyment today but also supports resale appeal.

🌱 3. Sustainability Isn’t Just a Buzzword — It Drives Decisions

Environmental consciousness is now a core feature buyers look for:

  • Energy-efficient windows, insulation, solar readiness, and water conservation features are trending.

  • Biophilic design — incorporating natural light and greenery — enhances both wellness and long-term value.

Why this works: Sustainability features not only lower operating costs, they also help attract eco-aware buyers and can improve a home’s market perception.

🧑‍💻 4. Remote Work Shapes Home Priorities

Remote and flexible work arrangements aren’t fading — they’re reshaping how homes are used:

  • Dedicated home office spaces remain popular, and multifunctional layouts are a strong selling point.

  • Homeowners are investing in stronger connectivity infrastructure, soundproofing, and dedicated work zones.

Why it matters: Buyers now evaluate a home’s adaptability for work and life. Properties that support both productivity and comfort often see stronger interest.

📈 5. Resale Value Starts With Practical Upgrades

Home upgrades in 2026 focus more on functionality over flashiness:

  • Smart and energy-saving tech boosts appeal and long-term value.

  • Sustainable materials and thoughtful layouts tend to attract more competitive offers.

Conversely, overly personalized or bold cosmetic fixes can hurt your sale price — buyers increasingly prefer neutral backdrops and adaptable spaces.

Final Thought: Home as a Lifestyle Investment

In 2026, real estate isn’t just about location and size — it’s about how a home supports modern living. Whether it’s adding smart tech, sustainable upgrades, or flexible workspaces, these trends reflect what homebuyers value most today:

➡️ A comfortable, efficient, and future-ready home.
➡️ Features that make daily life easier and more enjoyable.
➡️ Long-term value that withstands market shifts.

If you’re planning updates, selling your home, or buying in 2026, Victoria Fung is here to help. With local expertise and a clear understanding of today’s real estate trends, she can guide you in making smart, informed decisions that work in your best interest.

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Why I’m So Grateful to Be a Realtor in Burnaby & Greater Vancouver

As 2025 comes to a close, I find myself reflecting on the year with a deep sense of gratitude.

Real estate is often talked about in terms of numbers — prices, interest rates, market shifts — but behind every transaction is a real person, a real story, and a major life moment. Being a Realtor in Burnaby and Greater Vancouver has given me the privilege of walking alongside people during some of their biggest transitions, and that’s something I never take lightly.

Grateful for the People I Get to Serve

This year, I’ve had the opportunity to work with first-time buyers taking their first step into homeownership, growing families searching for more space, and individuals navigating significant life changes.

Each client brings a unique situation, goal, and set of concerns. Whether it’s answering late-night questions, guiding someone through a tough decision, or celebrating the keys being handed over, those moments are what truly define my work.

I’m incredibly thankful for the trust my clients place in me — trust to advocate for them, protect their interests, and guide them with honesty and care.

Grateful for the Communities I Work In

Burnaby and Greater Vancouver continue to be incredible places to live, grow, and invest. From vibrant neighbourhoods and strong transit connections to diverse communities and evolving lifestyles, this region offers something special for everyone.

Working locally allows me to stay deeply connected to the market — not just the statistics, but the feel of each neighbourhood, the subtle shifts in demand, and the lifestyle factors that matter most to buyers and sellers. It’s a privilege to help people find not just a home, but the right place for their next chapter.

Grateful for the Lessons 2025 Brought

2025 was a year that reminded us all how important preparation, adaptability, and clear communication are in real estate. Markets change, expectations evolve, and no two situations are ever the same.

This year reinforced why I focus on education and strategy — ensuring clients understand their options, feel confident in their decisions, and are never rushed or pressured. Real estate isn’t about quick wins; it’s about thoughtful guidance and long-term relationships.

Grateful to Do Work That Truly Matters

Being a Realtor isn’t just about buying or selling property. It’s about helping people move forward — whether that means starting fresh, downsizing, upgrading, or finding stability.

I’m grateful to do work that combines market knowledge with empathy, strategy with support, and professionalism with genuine care. It’s a role that challenges me, teaches me, and motivates me every day.

Looking Ahead to 2026

As we head into 2026, I’m excited for what’s ahead — new opportunities, new relationships, and new goals to help clients achieve.

To everyone who supported, referred, worked with, or trusted me this year: thank you. Your confidence in me means more than words can express.

Here’s to a new year filled with clarity, confidence, and the next chapter — wherever that may lead.

Warm wishes,
Victoria Fung

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The Post-Closing Power List: Victoria’s Trusted Referrals for Contractors, Lawyers, and Home Services

Buying or selling a home doesn’t end on possession day — in many ways, that’s when the real work begins.

From legal paperwork and renovations to moving logistics and ongoing home maintenance, having the right professionals in your corner makes all the difference. Over the years, I’ve built a trusted network of local experts who consistently deliver quality work, clear communication, and reliable results for my clients across Metro Vancouver.

Here’s a curated Post-Closing Power List to help you settle in with confidence.

Real Estate Lawyers & Notaries

A smooth closing starts with experienced legal support. These professionals ensure your transaction is handled accurately, efficiently, and on time.

Best for:

  • Conveyancing & title transfers

  • Mortgage registrations

  • Refinances & property sales

  • First-time buyer guidance

Why referrals matter: Real estate law is time-sensitive. Working with a trusted legal professional reduces delays, last-minute stress, and costly errors.

Need a recommendation? I’m happy to connect you with lawyers and notaries who consistently deliver smooth closings.

Contractors & Renovation Specialists

Whether you’re updating a kitchen, finishing a basement, or tackling long-term improvements, the right contractor protects both your budget and your home’s value.

Common post-closing projects include:

  • Kitchen & bathroom renovations

  • Flooring, paint & finishing

  • Electrical & plumbing upgrades

  • Investment property improvements

Why referrals matter: Trusted contractors show up on time, communicate clearly, and respect your home — no disappearing acts or surprise costs.

Home Inspectors & Trade Experts

Even after you move in, ongoing maintenance is key to protecting your investment.

Trusted trades include:

  • Home inspectors (pre-renovation or annual checkups)

  • HVAC technicians

  • Roofers & gutter specialists

  • Electricians & plumbers

Why referrals matter: Catching small issues early can save thousands down the road.

Mortgage Brokers & Financial Professionals

Your mortgage doesn’t stop evolving after closing. Life changes, interest rates shift, and new opportunities arise.

These experts help with:

  • Mortgage renewals & refinances

  • Debt consolidation

  • Investment property financing

  • Long-term financial planning

Why referrals matter: A strong broker doesn’t just offer rates — they offer strategy.

Movers, Cleaners & Home Services

The final details make all the difference when transitioning into a new home.

Popular post-closing services:

  • Professional movers

  • Deep cleaning & move-in cleans

  • Junk removal

  • Handyman services

Why referrals matter: Reliable service providers reduce moving-day stress and help your home feel move-in ready from day one.

Why I Share My Trusted Network

Real estate isn’t just about buying or selling — it’s about long-term support. My clients often tell me they value guidance after closing just as much as during the transaction.

That’s why I only refer professionals who:

  • I’ve worked with personally

  • Have proven track records

  • Treat my clients with care and respect

Your home is one of your biggest investments — you deserve a team you can trust.

Need a Personalized Referral?

Every home and homeowner is different. Whether you need a contractor, lawyer, cleaner, or mortgage expert, I’m happy to make a personal introduction based on your specific needs.

📩 Reach out anytime — I’m here to help long after the keys are handed over.

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Meet Victoria Fung: Your Dedicated Realtor in Burnaby & Greater Vancouver

When you work with Victoria Fung, you’re not just getting a real estate agent — you’re partnering with someone who brings heart, grit, and deep local roots to every transaction.

A Strong Foundation Built from Unconventional Beginnings

Victoria was born and raised in Burnaby, BC, and was introduced to real estate from a young age — her family’s connection to the industry shaped much of her early life.

But Victoria’s journey to real estate wasn’t straightforward. Before becoming a Realtor, she competed as a professional Muay Thai fighter, a path that taught her invaluable lessons in discipline, resilience, and perseverance. She now channels that competitive spirit into her business — advocating fiercely for her clients while staying compassionate and accessible. 

Why Victoria Stands Out as a Realtor

  • Integrity + Trust: Her clients consistently highlight her honesty, direct communication, and the strong ethical standards she holds.

  • Personable + Approachable: Victoria is warm and easy to talk to — she deeply values building real relationships with her clients.

  • Relentless Advocate: With her background in combat sports, she’s not one to back down when it comes to negotiating deals or protecting her clients’ interests.

  • Strategic Thinker: Whether you’re a first-time buyer, looking to upsize, or navigating a separation, Victoria crafts tailored strategies to match your goals.

A Realtor for All of Life’s Challenges — Especially Divorce

One of Victoria’s most unique specializations is being a Divorce Realtor. She understands that buying or selling a home during separation or divorce involves more than just property — there are legal, emotional, and financial layers at play.

Key aspects of her divorce-real estate practice:

  • She works within a trusted network of divorce professionals — lawyers, mediators, mortgage brokers — to support her clients holistically.

  • She provides neutral, unbiased representation, helping communication stay respectful and clear even during challenging times.

  • She offers strategy planning, free home evaluations, and a custom marketing plan to help sell the home in a way that protects your interests.

  • She keeps confidentiality a priority — divorce is delicate, and she ensures her clients’ privacy is respected every step of the way.

Client Praise: What People Are Saying

Victoria’s clients consistently praise her for being:

  • Patient, even when the market or circumstances are unpredictable.

  • Hard-working and loyal, with a genuine care for what her clients need and value.

  • Strategic, confidently advising on offers, negotiations, and referrals — saving clients money and stress.

Your Trusted Partner in the Real Estate Journey

Whether you’re purchasing your first home, selling a family property, or navigating a real estate transaction through a divorce, Victoria Fung is committed to guiding you with integrity and expertise. Her combination of competitive drive and compassionate professionalism means she will fight for your best outcome — while supporting you through every emotional and practical step.

Let’s connect. Reach out to Victoria for a free consultation and see how she can make your real estate goals a reality.

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Selling Under Duress: What Happens When a BC Supreme Court Orders the Immediate Sale of the Matrimonial Home

Separating from a spouse is stressful enough — but when a court steps in and orders the sale of the family home, it can feel even more overwhelming. If you're in Burnaby or Greater Vancouver and facing a B.C. Supreme Court order to sell your matrimonial home, here’s what you need to know — and how a specialized Realtor like me can help.

What Legal Power Allows the Court to Force a Sale?

  • In B.C., the Supreme Court can force the sale of property in a family law case under Rule 15-8 of the Supreme Court Family Rules.

  • A sale can be ordered if the court finds it is “necessary or expedient.”

    • Necessary might mean someone can’t afford ongoing mortgage payments or the home is becoming a financial burden.

    • Expedient means that selling could help resolve the case more easily, and the court will try to balance both spouses’ interests.

What Happens Once the Court Orders a Sale?

  1. The court gives directions.
    The judge can decide: who handles the sale, how to sell (private sale, auction, tender), even a minimum price to protect both parties.

  2. Possession & Payments.

    • The court might give exclusive occupancy to one spouse while the home is being sold.

    • That spouse may also be ordered to cover mortgage, insurance, taxes — whatever it takes to maintain the home until it’s sold.

  3. Court-Approved Sale.

    • Once a buyer is found and conditions (like financing, inspections) are removed, there’s usually a hearing to approve the sale.

    • The court can also require the buyer’s payment to go into trust or court-supervised accounts.

  4. Distribution of Proceeds.

    • First, sale costs, mortgage, liens, and Realtor commissions are paid.

    • Then, the remaining money gets split between the spouses as ordered by the court or agreed to by both sides. 

Why the Court Might Choose to Do This

A judge doesn’t just force a sale randomly. Here are some of the factors they typically consider, based on real cases:

  • Whether one spouse needs the money (e.g., to pay debts or support themselves)

  • If keeping the house is realistic for either person — can they afford it alone?

  • Whether there’s another place for each person to live, and how affordable it is.

  • The emotional impact: the court may consider how each person is doing, especially if there are children.

  • Whether selling now might help the divorce or separation be resolved faster.

How a Divorce Realtor (Like Me) Helps

As a Realtor who specializes in divorce situations, here’s how I support clients through this kind of court-mandated sale:

  • Communication & Collaboration: I work closely with your lawyer to understand the court’s order, so the sale strategy aligns with what the judge has approved.

  • Marketing With Purpose: Even in a “forced” sale, I run a professional listing — staging, showing, and negotiating in a way that maximizes value.

  • Offer Management: I help gather, review, and present offers in a way that meets the court’s direction and protects your interests.

  • Trust & Proceeds Coordination: I coordinate with lawyers and trustees to make sure sale funds go where the court requires, and I help facilitate a smooth distribution.

  • Empathy + Advocacy: I understand how hard this is emotionally. My goal is to make the process as respectful and fair as possible, helping you move forward.

Final Thoughts

Getting a court order to force the sale of your home can feel like losing control. But it doesn’t have to be a purely negative process — with the right team, you can navigate the sale in a way that protects your financial interests and sets you up for a fresh start.

If you're in Burnaby or Greater Vancouver and facing a court-ordered sale of your matrimonial home — or you simply want to understand your options — I’d be honored to help. Reach out anytime, and together, we can make a plan that reflects your needs and priorities.

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Family Contracts: The “Who Pays for What” Conversation Before You Buy

Practical advice for families planning a major purchase together

When families decide to pool resources for a big purchase—be it a vacation home, a boat, or simply a joint investment—it can feel like a win-win: shared cost, shared benefit. But unless you also have a clear plan for who pays for what, when, and what happens next, the deal can sow discord down the road.
Here’s a practical guide to help families have a frank, organised conversation before you commit.

Why this conversation matters

  • Avoid surprises. It’s amazing how quickly things like utilities, groceries, maintenance, and “who uses what” creep into the mix—and without clarity they lead to frustration.

  • Maintain relationships. Money issues are one of the most common sources of tension among family members. A simple, documented agreement can keep things friendly.

  • Plan for the future. What if one party wants out? What if usage changes? What if contributions shift? Addressing the “what ifs” early prevents regret later.

Key Topics to Include in Your Shared-Purchase Contract

Here are the building blocks of a transparent agreement:

1. Purchase Cost & Ownership Share

  • Who is putting in how much of the initial purchase cost?

  • What does that translate to in terms of ownership share (e.g., 50/50, 60/40, etc.)?

  • What happens if one party cannot contribute their share on time?

2. Ongoing Costs

A major purchase comes with recurring expenses. Talk through:

  • Mortgage or loan payments (if applicable)

  • Property tax, insurance, maintenance, repairs

  • Utilities (electricity, water, heating, internet)

  • Groceries or shared supplies (if the purchase involves shared space)

  • Usage-based costs (fuel, parking, cleaning, landscaping, etc.)

Decide how each cost will be split: equal shares? Pro-rated according to ownership share? Based on use?

3. Usage, Access & Responsibilities

  • Who has access to the asset when, and how is priority handled?

  • Are there “booking” rules (for example, if it’s a shared vacation property)?

  • What standards apply for maintenance and cleaning? Who is responsible for what duties?

  • If one party doesn’t use their share or misses payments—what then?

4. Exit Strategy / Future Buy-Out

Life changes: job relocation, financial stress, changing priorities. It’s wise to plan for the unexpected:

  • What happens if one party wants to sell or buy out the other?

  • How is the buy-out price determined (market value, formula, appraisal)?

  • How and when the transaction should happen?

  • Who gets first option if one partner wants to exit?

  • What about what happens to the asset if both decide to sell?

5. Decision-Making & Dispute Resolution

  • How will decisions be made (repairs, major upgrades, sale?) — by majority vote? unanimous?

  • If there is a dispute—what’s the process (mediation, neutral advisor)?

  • How often will you review the arrangement (annually, every 6 months)?

  • Will there be a written document signed by all parties? (Yes — strongly recommended.)

How to Have the Conversation

  • Schedule it ahead of time. Don’t spring it during a casual chat. Set aside time so everyone is present, focused.

  • Be open and honest about personal finances. Knowing what each person can realistically contribute helps avoid later strain.

  • Use a neutral facilitator if needed. If family relationships are close but finances are awkward, an external advisor or mediator can help.

  • Document the decisions. Write the agreement down—ideally with signatures. It doesn’t need to be a full legal contract (though you can go that route); clarity is the key.

  • Review and adapt. Revisit the contract periodically to adjust for change (income, usage, number of people involved).

Why it’s Worth It

  • Stays friendly: When payments and responsibilities are clear, resentment is less likely.

  • Protects everyone: A well-structured agreement safeguards each person’s investment and expectations.

  • Gives peace of mind: You’re not just buying something—you’re entering a relationship of shared ownership. Treat it with the respect it deserves.

Final Thoughts

Sharing a major purchase with family can unlock incredible value—financially and relationally. But the mistake many make is buying first, talking later. The smarter approach is the reverse: talk first, buy second.

Take the time to map out:

  • Who pays what,

  • Who uses what and when,

  • Who does what responsibilities,

  • And what happens if things change.

By doing so, you’ll keep your finances clear and your relationships strong. Because at the end of the day, the goal isn’t just ownership—it’s shared enjoyment, mutual respect, and long-term harmony.

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Seniors’ Guide to Downsizing: Selling a Long-Time Family Home in Burnaby


Introduction

Selling the home you’ve cherished for decades is about much more than a transaction — it’s an emotional milestone, marking the close of one chapter and the beginning of another.

For many seniors in Burnaby, downsizing isn’t just a practical decision — it’s an opportunity to simplify life, reduce responsibilities, and move into a home that better fits their needs for the future.

At Victoria Fung Real Estate, I understand that this process can feel overwhelming — emotionally, financially, and logistically. My goal is to help make your transition as smooth, respectful, and rewarding as possible. This guide will walk you through every step, from deciding when to downsize to settling into your new home with confidence and peace of mind.

1. Deciding If and When to Downsize

Signs It Might Be Time to Move

  • Maintenance feels overwhelming: Yard work, repairs, or climbing stairs may have become more tiring.

  • You have too much space: Empty rooms and unused areas can start to feel like unnecessary upkeep.

  • Convenience matters more: Living closer to shops, transit, healthcare, and community amenities can make daily life easier.

  • You want financial flexibility: Selling can free up home equity to support retirement goals, travel, or peace of mind.

  • Mobility and safety are priorities: A single-level home or condo can help minimize physical strain and hazards.

The best time to start planning a move is before it becomes urgent — proactive downsizing allows you to make thoughtful decisions on your terms.

Emotional and Family Considerations

Leaving a family home filled with memories can bring mixed emotions — pride, nostalgia, and sadness. It’s perfectly natural to feel hesitant. Involve loved ones early, share your goals, and give yourself time to reflect. Many clients find it comforting to take photos of meaningful spaces or hold a “farewell gathering” to celebrate memories before moving forward.

2. Exploring Your Options in Burnaby

Burnaby offers a range of excellent downsizing options:

  • Condo or strata apartment: Enjoy low-maintenance living with amenities and a smaller footprint.

  • Townhome or bungalow: Maintain independence with fewer stairs and easier upkeep.

  • Senior-friendly buildings: Many newer developments in Burnaby include accessibility features, security, and social programs.

  • Independent or assisted living communities: Perfect for those who appreciate added services or community activities.

  • Life-lease or co-housing models: Blend ownership benefits with built-in community and shared resources.

When exploring options, consider:

  • Proximity to transit, shopping, and medical care — especially near SkyTrain routes or town centres like Metrotown or Edmonds.

  • Monthly fees and budgets — strata or community fees replace many maintenance costs but need to be factored in.

  • Accessibility and safety — look for level entries, grab bars, wide hallways, and no-step showers.

  • Future adaptability — can you access care or services if your needs evolve?

3. Financial and Tax Considerations

The Financial Upside of Downsizing

  • Unlock equity: Selling your home often frees up funds for your next chapter — whether it’s travel, savings, or future care.

  • Lower ongoing expenses: Smaller homes usually mean lower property taxes, utilities, and maintenance.

  • Simplified living costs: Condo fees may seem high but often include maintenance, landscaping, and amenities.

Costs to Keep in Mind

  • Realtor and legal fees

  • Moving expenses and potential renovations

  • Land transfer taxes (if buying another property)

  • New furniture or accessibility upgrades

The good news? The sale of your principal residence is typically exempt from capital gains tax in Canada, making downsizing financially beneficial for many homeowners.

Get Professional Support

  • Realtor: Working with a local agent experienced in senior transitions (like myself!) ensures you have a patient guide who understands both your needs and the Burnaby market.

  • Financial advisor: They can help you plan budgets, manage proceeds, and align your move with your long-term goals.

4. Preparing Your Home for Sale

Decluttering and Sorting

Downsizing means making thoughtful choices about what to keep and what to let go of. Try sorting items into:

  • Keep — sentimental or useful

  • Donate or gift — furniture or décor others can enjoy

  • Sell — antiques or collectibles

  • Recycle or discard — anything broken or worn out

Tackle one space at a time, and don’t hesitate to ask family or professionals for help.

Repairs, Refreshing, and Staging

  • Fix small issues like chipped paint or squeaky doors.

  • Brighten curb appeal with clean walkways and tidy gardens.

  • Depersonalize rooms so buyers can picture themselves in the space.

  • Professionally stage and photograph your home to highlight its best features — this can significantly boost buyer interest.

5. Planning and Managing the Move

Creating a Moving Timeline

Work backward from your moving date:

  • 3 months out: Choose your new home and get moving quotes.

  • 1 month out: Start packing non-essentials and organize services.

  • 2 weeks out: Notify utilities, update your address, and arrange medical transfers.

Moving Day Tips

  • Hire movers who specialize in senior relocations.

  • Clearly label boxes by room.

  • Keep essentials — medications, important papers, and daily items — accessible.

  • Plan for pets and have someone you trust available to help manage the day.

Settling Into Your New Home

Unpack and arrange essentials first to make the space feel familiar. Bring in personal touches gradually — photos, favourite books, or artwork — to make it feel like home. Take time to explore your new neighbourhood and meet your neighbours; connection makes transition easier.

6. Tips for a Smooth Downsizing Experience

  • Start early — even small steps add up.

  • Don’t rush — give yourself emotional space to adjust.

  • Ask for help — family, friends, or professionals.

  • Measure before moving — ensure furniture fits comfortably.

  • Prioritize safety — clear walkways, good lighting, and non-slip flooring.

  • Focus on what brings joy — let go of what no longer serves you.

7. Why Work with Victoria Fung

Helping seniors downsize is something I approach with both expertise and empathy. My goal is to make the process as simple and comfortable as possible — from our first conversation to the moment you’re settled in your new home.

Here’s what you can expect when working with me:

  • Compassionate support: I take the time to listen, guide, and adapt the process to your pace and comfort.

  • Strategic marketing: I ensure your home is beautifully presented and reaches qualified buyers.

  • Full coordination: I help connect you with trusted movers, lawyers, and other professionals.

  • Respectful communication: Every step is explained clearly, with your best interests in mind.

  • Continued care: My relationship with clients doesn’t end after the sale — I’m always here as a resource and support.

Conclusion

Downsizing a family home in Burnaby can be emotional, but it can also be liberating — a step toward a simpler, more fulfilling lifestyle. With the right planning and compassionate guidance, it becomes less about what you’re leaving behind and more about the exciting possibilities ahead.

If you’re thinking about downsizing or simply exploring your options, I’d love to help you create a plan that honours your story and supports your future.

📞 Let’s connect today to start the conversation — visit victoriafung.ca or reach out directly to discuss your next move with care and confidence.

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Legalizing the Unofficial Suite: A Guide to Permits and Safety for Multi-Gen Homes

In Burnaby, multi-generational living is on the rise. With housing affordability challenges and families choosing to stay connected under one roof, many homes already have basement suites or secondary units in place. The reality, however, is that a large number of these suites are “unofficial” or unpermitted—built without going through the proper channels for approval.

While these suites may function just fine, leaving them unpermitted carries risks. From safety hazards to insurance gaps to lower resale value, an unofficial suite can be more costly in the long run than taking the proper steps to legalize it.

This guide outlines the practical, cost-effective steps Burnaby homeowners can take to bring an existing suite into compliance—protecting your investment, your family, and your peace of mind.

Why Legalizing a Suite Matters

1. Safety for Your Family

Unofficial suites may lack essential safety features such as proper fire separation, exit routes, or updated wiring. Legalizing the unit ensures it meets current building codes, reducing risks for the people living there.

2. Insurance Protection

Most insurance companies will not cover damages caused by an unpermitted suite. A small electrical fire or plumbing issue could become a financial disaster if the suite isn’t recognized officially.

3. Stronger Resale Value

When it comes time to sell, a legal suite increases your home’s appeal and market value. Buyers want the confidence of knowing the unit is compliant, insurable, and safe.

Steps to Legalize Your Suite

Step 1: Confirm Zoning and Eligibility

Not all properties are eligible for secondary suites. Start by checking with the City of Burnaby’s zoning bylaws to confirm if your property allows for a legal secondary suite.

Step 2: Apply for the Proper Permits

You’ll likely need:

  • Building Permit – Ensures construction and layout meet current building codes.

  • Plumbing & Electrical Permits – Required if updates or upgrades are needed.

  • Occupancy Permit – Issued once the suite passes final inspection, officially recognizing it as legal.

Step 3: Address Safety Requirements

This is often where unofficial suites fall short. Expect upgrades in areas like:

  • Fire Safety: Proper fire-rated walls/ceilings, smoke alarms in all sleeping areas, and possibly a sprinkler system depending on layout.

  • Exits: At least one safe, accessible exit for suite occupants.

  • Electrical & Wiring: Many older suites have outdated or unsafe wiring that needs upgrading.

  • Ventilation: Adequate heating and air circulation to meet health and safety standards.

Step 4: Make Cost-Effective Renovations

Not every fix has to break the bank. Some cost-saving approaches include:

  • Installing interconnected smoke detectors (a requirement, but also inexpensive).

  • Using drywall upgrades for fire separation rather than costly structural changes.

  • Hiring licensed electricians and plumbers to do targeted upgrades instead of full overhauls.

Step 5: Pass Final Inspections

Once all work is complete, city inspectors will review the suite. If everything meets standards, you’ll be issued the permits and approvals that make your suite fully legal.

The Benefits for Multi-Generational Homes

For families living together, a legalized suite offers:

  • Peace of mind knowing the space is safe for aging parents, adult children, or tenants.

  • Financial flexibility to rent out the suite legally, offsetting mortgage costs.

  • Long-term value, since a legal suite is a major selling feature in Burnaby’s competitive real estate market.

Final Thoughts

While it may seem like an added expense, legalizing an existing suite is one of the smartest investments a Burnaby homeowner can make. It protects your family, strengthens your insurance coverage, and boosts the future resale value of your property.

If you’re considering legalizing your suite and want expert guidance on how it may affect your home’s value in today’s market, I’d be happy to help.

👉 Contact me today to learn how a legalized suite can unlock both safety and financial benefits for your home.

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Real Estate Neutrality: How to Choose a Realtor Both Parties Can Trust During a Divorce

Divorce is never easy. Beyond the emotional toll, there are also major financial decisions to make—one of the biggest being what to do with the family home. For many couples, the property is both their most valuable asset and the most emotionally charged. Deciding who will represent you in the sale can feel overwhelming, especially when trust between parties is strained.

This is where the concept of real estate neutrality becomes essential. Choosing a Realtor that both parties can rely on creates a smoother, more balanced process—and ensures decisions are made with fairness, professionalism, and financial clarity.

Why Neutrality Matters in Divorce Real Estate Transactions

When a couple separates, the Realtor’s role isn’t just about selling a house. It’s about:

  • Protecting both parties’ financial interests by securing the best possible sale price.

  • Remaining impartial in negotiations to prevent conflict from escalating.

  • Providing guidance as a mediator, ensuring both parties feel informed and respected.

Without neutrality, the process can quickly derail—causing unnecessary tension, delays, and even financial loss.

A Clear Protocol for Selecting a Neutral Realtor

Choosing the right Realtor during a divorce requires a thoughtful and structured approach. Here’s a process you can follow:

1. Agree on Key Qualifications Together

Before interviewing Realtors, both parties should create a short list of must-haves. This may include:

  • Proven experience selling homes in your local market.

  • Strong track record in navigating sensitive transactions.

  • Excellent communication skills and transparency.

2. Interview Several Candidates as a Team

Schedule interviews where both spouses are present—either in person or virtually. This ensures everyone hears the same answers, asks their own questions, and feels involved in the decision-making process.

3. Evaluate Neutrality

Pay attention to how the Realtor responds to sensitive questions. Do they remain even-toned? Do they avoid showing favoritism toward one party? A true professional will focus on the facts, not the emotions.

4. Clarify the Realtor’s Role

It’s important to understand that the Realtor is not there to take sides. Their job is to:

  • Provide an accurate market valuation.

  • Develop a strategy to achieve the best sale outcome.

  • Act as a financial mediator, not an emotional one.

5. Formalize Agreement in Writing

Once both parties agree on a Realtor, confirm expectations in writing. This helps establish boundaries, communication channels, and responsibilities from the outset.

The Realtor’s Role as a Financial Mediator

In divorce situations, emotions can cloud judgment. A skilled Realtor offers objectivity, ensuring that:

  • Pricing decisions are based on market data, not personal opinion.

  • Offers are reviewed fairly, with both parties receiving clear explanations.

  • The ultimate focus remains on maximizing financial outcomes for everyone involved.

By stepping into this neutral mediator role, a Realtor provides peace of mind—helping both parties move forward with confidence.

Final Thoughts

Divorce may close one chapter, but selling your home doesn’t have to add unnecessary conflict to the process. Choosing a Realtor both parties can trust is a critical step toward resolution. With neutrality, transparency, and professionalism, the right Realtor acts as a steady guide through one of life’s toughest transitions.

If you’re navigating a separation and need support in selling your home with fairness and care, I’m here to help. Let’s discuss how I can act as a neutral partner, ensuring a smooth and respectful real estate journey for everyone involved.

👉 Contact me today to start the conversation.

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Finding the Perfect Multi-Generational Home with Realtor Victoria Fung


In today’s changing housing market, more families are discovering the benefits of multi-generational living. Whether it’s grandparents moving in to be closer to their grandchildren, adult children staying home longer, or families simply wanting to share resources, multi-generational homes are becoming one of the most sought-after property types.

That’s where Victoria Fung, your trusted local realtor, comes in. With years of experience helping families find homes that truly fit their lifestyle, Victoria specializes in guiding clients through the unique needs of multi-generational living.

Why Choose a Multi-Generational Home?

Multi-generational homes offer much more than extra bedrooms:

  • Stronger Family Bonds – Living together allows families to stay connected, share experiences, and support each other through different stages of life.

  • Cost Savings – Shared expenses for housing, utilities, and groceries can ease financial pressure and help families build wealth together.

  • Flexibility of Space – Many homes today are designed with in-law suites, separate entrances, or basement suites—perfect for privacy and independence under one roof.

  • Future-Proofing – Having a flexible floor plan means your home can adapt as your family grows and changes.

How Victoria Fung Can Help

Finding a multi-generational home isn’t always simple. It requires a realtor who understands the specific details families need to consider, such as:

  • Layouts that allow for both shared and private spaces

  • Accessible design for seniors

  • Legal secondary suites or rental potential

  • Locations close to schools, parks, and healthcare

Victoria takes the time to listen, learn, and match you with homes that balance comfort, privacy, and practicality. Her compassionate approach ensures that every generation feels heard during the buying process.

Victoria’s Commitment to Families

As a Realtor Who Cares, Victoria believes a home isn’t just about square footage—it’s about creating a space where memories are built and family thrives. She’s helped countless clients navigate the transition to multi-generational living, offering advice not only on homes but also on making the adjustment smooth for everyone involved.

Ready to Find Your Multi-Generational Home?

If you’ve been considering a move that brings your loved ones closer together, now is the perfect time to explore your options. Victoria Fung can guide you through the entire process—from exploring neighborhoods to negotiating the best deal.

📞 Phone: (778) 389-7683
📧 Email: victoria@victoriafung.ca
👉 Learn more at victoriafung.ca

✨ With Victoria Fung by your side, your next move won’t just be about finding a house—it will be about creating a home that works for every generation of your family.

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When Is the Right Time to Sell Your Home in Retirement?

When Is the Right Time to Sell Your Home in Retirement?

Deciding when to sell your home in retirement is a significant choice that hinges on various personal, financial, and market factors. For residents in Burnaby and the broader Lower Mainland, this decision is particularly pertinent given the area's dynamic real estate market.

🏡 Why Consider Selling?

1. Financial Freedom

Selling your home can unlock substantial equity, potentially eliminating mortgage payments and reducing monthly expenses. This influx of cash can bolster your retirement savings, fund travel, or support family members. In a strong seller's market, you might achieve a favorable sale price, maximizing your financial gain.

2. Reduced Maintenance and Costs

Larger homes often come with increased maintenance, property taxes, and utility bills. Downsizing to a smaller, more manageable property can alleviate these burdens, allowing you to enjoy a simpler lifestyle.

3. Lifestyle Alignment

As needs evolve, so should your living situation. Selling your current home can facilitate a move to a location closer to family, healthcare facilities, or recreational activities that enhance your retirement experience.

⚠️ Considerations Before Selling

1. Emotional Attachment

Long-term homes are often filled with memories. It's essential to assess whether you're ready to part with these emotional ties and embrace a new chapter.

2. Market Timing

Real estate markets fluctuate. While selling in a seller's market can be advantageous, waiting for an optimal time might yield better returns. However, attempting to time the market can be risky.

3. Relocation Costs

Moving involves expenses beyond just the sale price, including agent fees, repairs, and potential renovations. It's crucial to factor these costs into your decision-making process.

📅 Ideal Timing

Many retirees consider selling between ages 65 and 75, often prompted by lifestyle changes or health considerations. This proactive approach can provide more control over the transition.

🧭 Need Guidance?

Navigating the decision to sell your home in retirement requires careful planning and expert advice. As a seasoned realtor in Burnaby, I can help you assess your options, understand market conditions, and make informed choices that align with your retirement goals.

Contact Victoria Fung

If you're contemplating selling your home in retirement, reach out today. Together, we'll explore the best options tailored to your needs and aspirations.

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What Is a Multi-Generational Home?

And Why More Burnaby Families Are Embracing This Living Style

In response to rising housing costs, evolving family needs, and a desire for closer support systems, multi-generational living is rapidly gaining popularity—particularly in cities like Burnaby, where both space and community values make this lifestyle attainable and practical.

But what exactly is a multi-generational home—and why are more buyers and investors seeking out this property type?

Defining a Multi-Generational Home

A multi-generational home is a single residential property designed or adapted to accommodate two or more generations of a family living together under one roof.

This could mean:

  • Aging parents sharing space with their adult children and grandchildren.

  • Adult siblings co-owning a property with their families.

  • Young couples are moving in with parents to save for their first home.

What makes these homes unique is the thoughtful use of space—offering shared common areas alongside separate private spaces for each generation.

Why Multi-Generational Living Is on the Rise

1. Affordability and Economic Advantage

With Metro Vancouver’s high housing prices, pooling financial resources allows families to access larger homes or better locations that may be unaffordable individually. Co-owning a property can also ease mortgage qualification and maintenance costs.

2. Family Care and Support

Multi-generational living fosters built-in caregiving—whether for elderly parents, young children, or family members with special needs. For many immigrant families and cultural groups, this model reflects long-held traditions of shared living and mutual support.

3. Efficient Use of Housing

Many older single-family homes in Burnaby have large footprints but underused space. Renovating or redesigning these homes to support multiple generations makes more effective use of existing land and improves long-term value.

What Do Multi-Generational Homes Look Like?

Multi-generational homes come in several formats. In Burnaby, common examples include:

  • Homes with legal secondary suites (basement or garden-level)

  • Duplexes or triplexes with private entries

  • Properties with laneway or carriage homes

  • Custom new builds with multiple kitchens or in-law suites

Burnaby’s Housing Choices program is also expanding zoning allowances for gentle density, making it easier to add secondary suites or infill homes on qualifying lots.

Key Considerations When Buying a Multi-Generational Home

If you're considering purchasing a multi-generational property, here are a few important points to keep in mind:

  • Zoning & Permits: Ensure the property is zoned to allow multiple units or legal suites.

  • Layout & Privacy: Look for homes with separate entrances, private bathrooms, and kitchens or kitchenettes to ensure comfortable shared living.

  • Long-Term Flexibility: Consider how your family’s needs may change over time—whether that’s accommodating aging parents or eventually renting out a portion of the home.

  • Financing: Speak with a mortgage broker familiar with co-ownership models or rental income qualification strategies.

Burnaby: A Growing Hub for Multi-Generational Housing

As one of Metro Vancouver’s most dynamic cities, Burnaby offers excellent opportunities for families seeking multi-generational properties. Key benefits include:

  • Proximity to top schools, transit, and healthcare facilities

  • A mix of older, generously sized homes ideal for renovation

  • Growing inventory of new builds with legal suites or laneway home potential

  • Local policies supporting diverse housing forms

Neighbourhoods such as Burnaby Heights, Edmonds, and South Slope are especially well-suited for multi-generational living due to lot sizes, access to amenities, and zoning flexibility.

Work with a Realtor Who Understands Your Family’s Needs

Navigating a multi-generational purchase requires careful planning, attention to zoning bylaws, and a deep understanding of the local market. As a Multi-Generational Home expert, I help families identify the right properties, understand their options, and make confident decisions—whether they’re buying together for the first time or modifying an existing home to suit evolving needs.

📞 Let’s connect:
I'm happy to provide tailored recommendations, property tours, or zoning insights for your specific goals.

📧 victoria@victoriafung.ca
📱 (778) 389‑7683

Helping Burnaby families live better—together.

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