Should You Sell First or Buy First in Nanaimo? Here’s What Makes the Most Sense Right Now

I get asked this all the time 👇

Should you sell first or buy first in Nanaimo right now?

There isn’t a one-size-fits-all answer — and choosing wrong can add a lot of stress. I broke it down honestly in today’s blog.

Should You Sell First or Buy First in Nanaimo Right Now?

This is one of the most common — and stressful — questions I hear from Nanaimo homeowners.

If you’re thinking about making a move, chances are you’ve asked yourself:

• What if I sell and can’t find the right home?
• What if I buy and my current home doesn’t sell?
• What if the market shifts while I’m in between?

You’re not alone. And the truth is, there’s no one-size-fits-all answer — especially in today’s market.

What matters most is having a clear plan, not guessing.

Why the Answer Isn’t the Same for Everyone

Whether selling first or buying first makes sense depends on a few key things:

• Your price range
• How flexible your timing is
• Your comfort level with risk
• Inventory in the areas you’re targeting
• Your financial position and goals

Two homeowners can live on the same street and need completely different strategies.

When Selling First Often Makes Sense in Nanaimo

Selling first may be the better option if:

• You need the equity from your current home to buy your next one
• You want certainty around your sale price
• You’re upsizing or downsizing significantly
• You have flexibility with timing or temporary housing

In many Nanaimo price ranges, well-prepared and properly priced homes are still selling — but buyers are more selective than they were a few years ago. Preparation and pricing matter more than ever.

When Buying First Can Be the Right Move

Buying first may make sense if:

• You’ve found the right home and don’t want to miss it
• You need to stay in a specific neighbourhood or school catchment
• You qualify comfortably and have financial flexibility
• You have a solid plan to sell your current home quickly

This approach can work very well with the right strategy — especially when expectations are realistic and timing is coordinated carefully.

The Smartest Approach: Planning Both Together

The real goal isn’t deciding sell first or buy first — it’s making sure both steps are planned together.

This can include:

• Coordinating possession dates
• Using conditional offers where appropriate
• Planning for bridge financing if needed
• Preparing your home properly before you buy

A thoughtful plan reduces stress, protects your finances, and keeps your options open.

Final Thoughts

Every situation is different. What works perfectly for one homeowner may not be right for another.

If you’re thinking about making a move in Nanaimo and want to talk through what makes the most sense for your situation, I’m always happy to have that conversation — no pressure, just honest guidance.