232 2nd Street, Courtenay | The Value You May Be Overlooking Sometimes the best real estate opportunities are hiding in plain sight. 232 2nd Street sits in Courtenay’s sought-after Old Orchard neighbourhood, and this is a property I believe deserves a much closer look. Built approximately 14 years ago, the property offers roughly 2,000 sq.ft. in the main residence PLUS a separate 540 sq.ft. one-bedroom carriage home above the garage—an incredibly valuable addition for extended family, guests, independent living or potential rental income. Now consider what it would take to recreate this property today. First, you would need to find and purchase a desirable lot in the Old Orchard. That might be $500,000 add building costs of approx. $350 to $500 a square foot... NOW this house would be $1.4 or $1.7 MILLION.. Then add today's construction costs for approximately 2,540 sq.ft. of finished living space, plus the garage, site preparation, permits, servicing, landscaping and all the finishing details that turn a construction project into a completed home. Realistically, replacing what already exists here could put you somewhere in the neighbourhood of $1.4 million to $1.7 million. And 232 2nd Street is offered at $1,030,000. That difference deserves attention. Beyond the numbers, there is the LOCATION. Old Orchard is one of those special Courtenay neighbourhoods where you can leave the car at home and enjoy the lifestyle. Walk downtown for coffee, restaurants, shopping and entertainment, explore nearby parks and trails, or simply enjoy living in an established neighbourhood filled with character. This isn't just about buying a house. It's about recognizing VALUE. If you've been searching the Comox Valley and scrolling past this one, I encourage you to stop and take another look. Do the replacement-cost math. Consider the flexibility of having two separate living spaces. Then come and see 232 2nd Street in person. You may discover that one of the most interesting opportunities in today's Courtenay real estate market has been sitting right in front of you. 📍 232 2nd Street, Courtenay, BC 🏡 Approx. 2,000 sq.ft. main home 🏠 Separate 540 sq.ft. one-bedroom carriage home 💰 Offered at $1,030,000 Heather Clifford | eXp Realty Serving the Comox Valley, Campbell River & Vancouver Island #CourtenayRealEstate #ComoxValleyRealEstate #OldOrchardCourtenay #VancouverIslandRealEstate #CourtenayBC #ComoxValleyHomes #CarriageHouse #VancouverIslandHomes #HeatherClifford #eXpRealty https://www.heatherclifford.com/free-... 📲 Let’s connect and bring your Vancouver Island lifestyle to life. Phone • Guidance • Expertise — from someone who’s proud to call the Valley home. Heather Clifford 604-698-9855 heatherclifford.com