http://www.newlocalhome.com/editions/openhouse2010_web_issue2

SPRING

spring

a showcase of new homes

spring

2010

spring 2010

open house

Find your dream home.

It’s a great time to shop for a brand-new home. Whether it’s a single-family home, condo or townhouse, the Greater Vancouver Home Builders’ Association has lined up an amazing array of showhomes to tour with its spring Open House: A Showcase of New Homes event May 13 to 16. Come and see the latest offerings.

Building excitement

Cover photo: Cressey’s High Point is just one of the not-to-be-missed homes on the tour.

Nearly 50 showhomes will open their doors to you. Map your route with our easy locator map » 12

contents:

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Why buy a home? Local housing industry experts tell us why purchasing a home is a good investment.

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Column: Greater Vancouver Home

Builders’ Association CEO Peter Simpson welcomes everyone to Open House.

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The door is open. Find out what Open House: A Showcase of New Homes is all about and why you shouldn’t miss it.

X marks the spot. A map of Metro

12

Vancouver will help you find your way to the showhomes on tour in Open House.

27

Still a lot of choice. See what the experts expect in our housing market. fall 2009

open house a showcase of new homes

…from the home front

GVHBA vice-president of marketing and education Wendy McNeil welcomes couple Colin Barnard and Leah Stark to one of the showhomes featured in Open House: A Showcase of New Homes at Morningstar’s Pepin Brook in Abbotsford. Martin Knowles photo

feature: p.16 Hit the idea trail at the Greater Vancouver Home Builders’ Association’s spring event Open House: A Showcase of New Homes. Find out what’s new in home design, inside and out, from wallpaper to faucets to landscaping. Incorporate new décor ideas and trends in your own home, or better yet, become inspired to purchase a brand-new home. Learn how to take full advantage of Open House.

Publisher: Fiona Harris • 604-575-5822 • publisher@newlocalhome.com Editor: Tricia Leslie • 604-575-5346 • editor@newlocalhome.com Advertising Sales - Black Press National Sales • Melissa Bencze • 604-575-58317 • melissab@blackpress.ca Designer: Brad Smith • bsmith@blackpress.ca Photography • Martin Knowles, www.mkphotomedia.com; Rob Newell, www.robnewellphotography.ca Open House / Showcase of New Homes is published by Black Press Group Ltd. (Suite 309 - 5460 152 Street, Surrey, B.C. V3S 5J9) 350,000 copies are distributed free across Metro Vancouver. Reproduction in whole or part is prohibited.

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OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

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Buying a home: a sound investment MAGGIE CALLOWAY The general consensus is, any time is a good time to invest in Canadian real estate.

The question some may ask is, does this apply to the unique Metro Vancouver market?

British Columbia Real Estate Association chief economist Cameron Muir says that historically, home ownership in Canada has proven to be a solid hedge against inflation, and notes that the net worth of homeowners, in the long-term, is many times that of home renters. “Home ownership, while it has investment attributes, also has quality-of-life attributes, which most Canadians aspire towards,�

Muir says.

Several studies have been conducted on the value of renting versus home ownership, including a University of British Columbia study, he adds. “The studies show that if you rent and take the excess income, if any, and invest it, you would probably be equal over time. This approach, of course, demands a certain amount of discipline and astuteness as an investor,� says Muir.

Timing the market can be a problematic strategy.

Muir says it is difficult even for professionals to time the market, let alone the average consumer. “Over the years I have had so many people say to me, ‘I am going to sell my home now and I’m going to buy back when the market

Wallmark Homes marketing manager Brad Cowden says homes sales are going strong at Birchwood Estates in Coquitlam. Rob Newell photo

crashes,’� Muir says. “Well, home prices today are the highest they have been ever – certainly in Vancouver they are posting new records – so that kind of strategy can be fraught with risk.�

New lending rules introduced by the federal government came into effect April 19, but most experts agree they won’t dampen the market too much where homebuying is concerned, at least, not for owner-occupiers.

Muir notes that the number of people investing in real estate outside their principle residence make up a smaller portion of the market compared to two or three years ago.

OWNING A HOME

CONTINUED ON P.15

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OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

The door’s open at GVHBA new home showcase: come and see

WINNER: BUILDER OF THE YEAR AND

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PRE-CANADA DAY SALES EVENT

For the next 90 days, Portrait is offering a Home Buying Package with many features and Pricing Benefits that will facilitate and add value to your purchase at Stoneleigh.

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opinion

My goodness, what a difference a year makes. At this time last year, housing sales and starts were lower than a snake’s belly in a wagon rut.

Today, thanks to the strongest banking system in the world, the Canadian economy has rebounded, sales of new homes have picked up considerably, and real estate prices seem to be on the rise.

So, if you are in the market for a new home, this might be an ideal time to take a close look at what’s available around the region – particularly since mortgage rates are poised to creep higher and the HST, barring a divine intervention, becomes a stark reality on July 1, Canada Day. We have just the event to help you choose a brand-new home that fits the bill, whether you are single or part of a large family. The Greater Vancouver Home Builders’ Association is presenting Open House: A Showcase of New Homes from May 13 to 16 at 22 homesites in Abbotsford, Burnaby, Coquitlam, Fort Langley, Langley, Maple Ridge,

North Delta, North Vancouver and Surrey. in new homes. Just ask my two daughters.

Most participating builders are veterans When they were younger they spent many of this popular consumer event, while a a Sunday driving around with me to view few others are taking part for the first time. the latest showhomes. Now adults, they still Either way, the list reads like a who’s who of enjoy showhome viewing. Like father, like the residential construction industry – Adedaughters. ra, Azura, Boffo, Cressey, Domani, Foxridge, When I tour the Open House homes, often Legendary, Marathon, Marcon, Morningstar, with my long-suffering wife, there is always a Oakvale, ParkLane, Polygon, Portrait, Vesta new feature that captures our attention, and and Wallmark. we invariably get ideas we can incorporate About 50 showhomes will be open, offerinto our own home. ing design, construction and Open House offers a broad energy-efficiency characterrange of home types and price istics that will appeal to all – from a stylish Langley condo tastes and preferences. Some priced at $199,900 to a luxurifeatures that spring to mind ous, custom-built Coquitlam include sumptuous kitchens, home offered at more than lavish bathrooms, designer $1 million. You can even tour colour pallettes, vaulted an 8,300-square-foot country ceilings, resort-style amenity house in an equestrian-themed facilities and a wealth of creacommunity in rural Langley, ture comforts that will prompt where estate-sized building lots many ‘oohs’ and ‘ahhs.’ are being offered for $529,900.

We are pleased that the Ho- Peter Simpson, GVHBA CEO You will find within this meowner Protection Office, Open House magazine all you Branch of BC Housing, the provincial body need to know about the showhomes on responsible for licensing residential builders, display. The GVHBA offers a wealth of is a primary Open House sponsor. We are resources to help consumers make informed also delighted that New Local Home, a Black decisions on new homes and renovation.

Press publication, is publishing this edition Check us out at www.gvhba.org. of the Open House guide.

See you all during the Open House. You Let’s face it, I am a housing junkie. I might even win a Spa Utopia Indulgence have been directly linked to the residential package – seven hours of luxurious spa construction industry for more than two services at Spa Utopia – just for showing up. decades, but I have always been interested I had to tell my wife she is not eligible.

ER R D LV Y SI L L E VA RN T FE CEN ES CR

DEWDNEY TRUNK RD LOUGHEED HWY GOLDEN EARS BRIDGE

FORMER ALBION FERRY

13851 232nd St, Maple Ridge Open Daily: Noon - 5:00pm

portraithomes.ca Call: 604-466-9278 BUILDING AWARD-WINNING COMMUNITIES FOR TODAY...

AND FOR YEARS TO COME.

The latest release of lots for sale include some of the finest home sites ever available within Silver Ridge.

The developer reserves the right to make modifications and changes to the information contained herein. E. & O.E.

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

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OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

!

A Message from the Honourable Rich Coleman Congratulations to the Greater Vancouver Home Builders’ Association (GVHBA) and to industry professionals who have joined forces to present the Open House – a Showcase of New Homes.

This event represents the outstanding achievement in residential construction. Showcasing the latest advancements in home design and construction technology contributes to British Columbia’s reputation for having one of the most dynamic and innovative residential construction sectors in North America.

With doors opening to more than 50 show homes offered by some of our most prominent and prestigious builders, this event provides consumers with an opportunity to see what’s available and what’s new.

It generates excitement, and shows a range of options for prospective homebuyers in the Lower Mainland.

The Province welcomes events of this nature. We also recognize the contributions that GVHBA members make to the growth and development of communities across the province.

My congratulations again to the GVHBA for spearheading this event, and my best wishes to everyone involved for continued success.

Sincerely yours,

Rich Coleman Minister of Housing and Social Development

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2 Showhomes Open 12 – 5, 9525-204th Street, Langley, BC. 604 694-1819

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3-bedroom townhomes starting at

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OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

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Final chance to live waterfront!

Beat the HST! Priced from $398,900

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Plan E | 2 bedroom – 1,233 sq.ft.

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WWW.BEDFORDLANDING.COM 8

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

Mi casa es su casa

Couple Colin Barnard and Leah Stark discuss what they like about one of Morningstar’s Pepin Brook showhomes.

Martin Knowles photo

Come on in. See what’s new in Metro Vancouver homes at Open House hardwood flooring versus tile? How are the yards landscaped? What’s the latest in patio furniture?

Ah, the new-house smell.

That’s where the Greater Vancouver All shiny and spotless – just like new Home Builders’ Association comes in. cars – there’s something about a brandEvery year, twice a year, the association new home that invites a test drive, or hosts a tour that showcases new homes rather, a look around. throughout Metro It can be fun to see Vancouver. what new houses look This year, Open like in Metro Van“It’s a good opportunity House: A Showcase couver. to showcase the latest and of New Homes hapPotential homebuygreatest in new home design.” pens for four days, ers and looky-loos from May 13 to 16, alike can answer and will feature 16 local builders at 22 several questions: What materials are different home sites throughout the Lowbeing used, inside and out? What do new er Mainland, ranging from Abbotsford homes look like these days? and Maple Ridge to Burnaby, Coquitlam, What kind of furniture and interior design schemes decorate the showhomes?

What colours are hot in housing décor?

CONTINUED ON P.22 What about wallpaper? Engineered

TRICIA LESLIE

A close-up look at the millwork shows the quality at Birchwood Estates. Rob Newell photo

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

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openhousea showcase of new homes Bedford Landing

Birchwood Estates Dwelling type: Single-family detached Bedrooms: 3+ Bathrooms: 3+ Special features: Greater Vancouver’s last remaining estate-size properties, 8,000-32,000 sq. ft. private yards surrounded by protected greenbelt. Fully customize your home with Wallmark’s full custom homebuilding program!

Priced from: $1,009,900 On display: Two showhomes

Dwelling type: Single-family detached Townhomes, Lowrise condo Bedrooms: 2-3 Bathrooms: 2-3 Special features: Final phase now selling in this award-winning waterfront community steps from town centre of historic Fort Langley.

Craftsman architecture featuring spacious open floorplans, private fully landscaped yards and outdoor living. Ample parks, greenspace and walking trails. Four different home series, townhomes and apartments. Georgie Awardwinning community.

Priced from: $625,900 On display: Five showhomes

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200 St

Fort Langley 1

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72 Ave

■ Wallmark Homes Ltd. Brian Lamb & Brad Cowden: 604.461.7777 www.wallmark.ca

Dwelling type: Lowrise condo Bedrooms: 1-2 + den Bathrooms: 1-2 Special features: We’ve included everything you’ve come to expect and more in these well designed one- and twobedroom condominiums. The stainless-steel appliances, fireplace, front-load laundry and big balconies are all yours. See those mountain views? You can have those, too.

And quality…well with Marcon’s 25 years of building experience, that’s a given.

Priced from: $199,900 On display: One display suite and Discovery Centre

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152 St

146 St

61 A Ave 60 A Ave 60 Ave

Kensal Walk

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■ Polygon Homes Ltd. Theresa Liljedahl: 604.552.3853 www.polyhomes.com

Coquitlam Centre

Way

➜ 1125 Kensal Place, Coquitlam

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Dwelling type: Townhomes Bedrooms: 3 and 4 Bathrooms: 2 ½ and 3 ½ Special features: The only townhome community to be brought to the masterplanned community of Windsor Gate, Kensal Walk features private fenced yards and decks, double-car garages, and rich interiors boasting tranquil master bedrooms with walk-in closets, designer ensuites, and open-plan kitchens with sophisticated finishings. Residents will also enjoy exclusive access to 15,000 square feet of resort-inspired amenities.

Priced from: mid-$400,000s On display: Three showhomes (closed Friday)

Pin etree

➜ 0 Ave

61 A Ave

Westwood

200 St

176 St

110

16 Ave

62 Ave

148 St

■ Marathon Homes Sales Team: 778.565.1865 www.marathonhomes.ca

Dwelling type: Single-family lots Bedrooms: n/a Bathrooms: n/a Special features: Half-acre to eightacre estate lots in an equestrian-themed, master-planned community. Complete with riding/walking trails, lake, park, equestrian centre and clubhouse.

Priced from: $529,900 (lots) On display: One showhome (closed Friday)

8 Ave

64 Ave 144 St

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210A St

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56 Ave

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Langley Bypass

200 St

Fras e

Dwelling type: Single-family detached Bedrooms: 5-7 Bathrooms: 3 1/2 Special features: Proudly built by Marathon Homes, quality and functionality come standard in these luxurious three-level homes in one of Surrey’s most desirable neighbourhoods. Spacious floorplans with finished basements, granite kitchens, and Silent Floor system construction provide an unmatched and uncompromised value.

Feel privileged to call the Highlands home.

Priced from: $564,900 On display: One showhome

➜ 14795 – 61A Avenue, Surrey

High Point Equestrian Community

■ Cressey Development Group Jon Moss/Todd Antifaev: 604.531.1111 www.highpointestates.ca

David Ave

➜

Langley Bypass

➜ 5655 – 210A Street, Langley

➜ 20048 – 2 Avenue, Langley

Highland Dr

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The Highlands at Sullivan Ridge

Cornerstone

■ Marcon Sales Team: 604.534.6000 www.cornerstoneliving.ca

Scotch Pine Ave

Coast Meridian Rd

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■ ParkLane Homes Ltd. Bedford Landing Sales Team: 604.888.2176 www.bedfordlanding.com

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➜ 3372 Scotch Pine Avenue, Coquitlam

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➜ 23015 Billy Brown Road, Fort Langley

openhousea showcase of new homes Maple On 84th Dwelling type: Townhomes Bedrooms: 2-3 Bathrooms: 2 -3 Bathrooms: 2 full, 1 or 2 powder rooms Special features: Lotus is a fantastic development of brand new two- and threebedroom luxury townhomes. The floorplans are functional and spacious and the homes come with gorgeous features and we offer the best warranties on the market. We are close to a number of amenities and a sports & leisure centre.

Priced from: $339,900 - $359,900 On display: One showhome

➜ 8418 – 163 Street, Surrey

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164 St

■ Legendary Developments Sales Team: 604.230.8424 www.mapleon84.com

80 Ave

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Pepin Brook Vineyard Estates

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■ Azura Homes Steve Kooner or Tom Ohara: 604.626.4999 www.pepinbrook.com

Fraser Hwy Simpson Rd

Mt Lehman Rd

➜ 2368 Chardonnay Lane, Abbotsford

Ross Rd

208 St

68 Ave

Dwelling type: Single-family detached Bedrooms: 3- 6 Bathrooms: 3 - 5 Special features: Azura Homes is proud to feature custom-style Vineyard Estate Homes at Pepin Brook. We only have six homes remaining which will be ready for possession before HST. There are currently over 12 floorplans to choose from and we will work with you to customize these, or if you prefer, build you a custom home.

Priced from: $649,000 On display: Four showhomes

Bradner Rd

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64 Ave

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72 Ave

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200 St Bridge ➜

➜ 20843 – 69B Street, Langley

➜

Golden Ears

Dwelling type: Single-family detached, Townhomes, Fee-simple Rowhomes, Manor homes, Single-family attached Bedrooms: 2-4 Bathrooms: 2-4 Special features: BuiltGreen homes in a “Green Street” master-planned community.

Five distinct home types, desirable location next to environmental reserve and greenway with pathways. Spacious floorplans and private fully landscaped backyards.

Priced from: low-$300,000s On display: Four showhomes

■ Vesta Properties Ltd. Justine Allenby & Sherry Scott : 604.539.9484 www.milnerheights.ca www.radius.milnerheights.ca

84 Ave

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82 Ave

■ Domani Homes Inc. Sales Team: 604.507.1190 www.discoverlotus.com

85 Ave 163 St

84 Ave

162 St

➜ #69, 16355 - 82 Avenue, Surrey

Dwelling type: Townhomes Bedrooms: 3-4 Bathrooms: 2 ½ - 3 ½ Special features: Nestled in the heart of Fleetwood, Maple on 84th is a beautiful collection of three- and four-bedroom townhomes.

Maple on 84th homes reflect West Coast Craftsman architecture with steeply pitched gable roofs, contemporary floorplans, kitchens with granite countertops, sleek stainless-steel appliances, large decks and patios, luscious landscaping, and gracious backyards for outdoor entertaining.

Priced from: $339,900 On display: One showhome (closed Friday)

164 St

Lotus

84 Ave

South Pointe At Sunstone

2

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Mt Lehman Rd

Bradner Rd

Simpson Rd

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➜ 10527 Modesto Place, North Delta 1

■ Morningstar Homes Ltd. Rettie Edgren: 604.584.2908 www.morningstarhomes.bc.ca

91

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■ Morningstar Homes Ltd. Randy Rossum: 604.856.1118 www.morningstarhomes.bc.ca

Fraser Hwy

Dwelling type: Single-family detached Bedrooms: 3 and 4 Bathrooms: 2 1/2 Special features: Steps away from elementary and secondary schools the homes at South Pointe at Sunstone have full height, unfinished basements and feature imported tile, eco-friendly flooring and high-end plumbing fixtures.

Priced from: mid-$700,000s On display: Three showhomes (closed Friday)

84

➜ 29363 Bordeaux Terrace, Abbotsford

Ross Rd

Dwelling type: Single-family detached Bedrooms: 3 and 4 Bathrooms: 2 1/2 Special features: Minutes from Maple Ridge, Surrey & Langley and close to schools, shopping and recreation and complete with its own three-acre park, vineyard and mountain views these three- and four-bedroom homes feature unfinished basements on large lots at family-friendly pricing.

Priced from: low-$500,000s On display: Three showhomes (closed Friday)

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84 Ave

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Pepin Brook Executive Homes

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

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openhousea showcase of new homes Stoneleigh at Silver Ridge Dwelling type: Single-family detached Bedrooms: 3-4 Bathrooms: 3 Special features: Dare to Compare: Where else can you buy a luxury, waterfront home near Crescent Beach for under $1M? The last phase of homes now selling at Georgie Award-winning SouthPort! Spacious master bedrooms, spa-like ensuites complemented by high-end finishings like granite counters, engineered hardwood floors. Golf course view and waterfront homes now selling.

Priced from: $827,900 On display: One showhome

➜ 3677 – 143 Street, South Surrey

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Dwelling type: Single-family detached Bedrooms: 3 or 4 Bathrooms: 2 ½ Special features: Perched on a hillside, surrounded by forest and parks with gorgeous views, Vista’s West offers varied single-family floorplans ranging from 1,900 to 2,200 sq.ft. plus unfinished basement. You choose interior and exterior colors from an extensive Options Catalogue and on-site design centre.

Priced from: low-$600,000s On display: One showhome

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56 Ave

Old

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240 St

■ Foxridge Homes Sales Team: 778.571.1389 www.foxridgeliving.ca

Surrey 60 Ave Centre

176 St

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168 St

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163 St

➜ 6058 – 163 Street, Cloverdale

106B Ave

152 St

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164 St

Dewdney Trunk Rd

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88 Ave

Vista’s West Dwelling type: Duplex Bedrooms: 3 Bathrooms: 2 ½ Special features: Bordered by Kanaka Creek to the North and Maggy Creek to the south Trails Edge creates an exclusive neighborhood with over 75% of our Alpine-inspired homes facing greenbelt. Each duplex boasts maintenance-free living & available master bedroom on the main. A limited number of homes remain in this Georgie Award-winning community.

Priced from: $459,900 On display: Two showhomes (closed on Friday)

■ Oakvale Developments Ltd. Justin Hennessey: 604.805.4669 www.discovertrailsedge.com

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Trails Edge

96 Ave

■ ParkLane Homes Ltd. Sales Team: 604.694.1819 www.timeatwalnutgrove.com

Glo ver 204 St Rd

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200 St

172 St

99

4 Ave

Golden Ears Bridge

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8 Ave

➜ 9525 - 204 Street, Langley

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■ Cressey Development Group Sales Team: 604-536-1155 www.summerfieldhomes.ca

Dwelling type: Townhomes Bedrooms: 3 Bathrooms: 2-3 Special features: This ParkLane community is located in established Walnut Grove neighbourhood, and is within walking distance of schools, restaurants and plentiful shopping. Featuring private, fully landscaped yards, plenty of common greenspace, and a park that connects to Langley walking trails.

Spacious three-bedroom townhomes featuring contemporary open floorplans.

Priced from: $349,900 On display: Three showhomes

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176 St

Dwelling type: Single-family detached Bedrooms: 4 Bathrooms: 3 ½ Special features: Built by Cressey Development Group, Summerfield offers single-family character homes in a quiet enclave of South Surrey just 10 minutes from White Rock. Homes include 3 -5 bedrooms, BuiltGreen Silver certification, natural materials of stone and wood, and numerous options to help customize your home to best suit your needs.

Priced from: $540,000 On display: Three showhomes

➜ #41, 24185 - 106B Avenue, Maple Ridge

Gilbert Dr

Time at Walnut Grove

Summerfield

➜ 109 – 172A Street, Surrey

Foreman Dr

■ Portrait Homes Ltd. Sales Team: 604.466.9278 www.portraithomes.ca

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➜ 13851 - 232 Street, Maple Ridge

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■ ParkLane Homes Ltd. Sales Team: 778.292.0871 www.parklane.com/southport

Dwelling type: Single-family detached Bedrooms: 3 Bathrooms: 2 ½ Special features: The very popular & affordable “Alder” design features 1809 sq. ft. of beautifully finished living space (plus unfinished basement). This open floorplan features a gorgeous gourmet kitchen complete with pantry and inviting great room, perfect for entertaining. Come by our sales centre and find out why Portrait Homes is such a highly awarded builder.

Priced from: $499,900 On display: Four showhomes 232 St

SouthPort

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OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

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West Vancouver D

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➜ 5655 – 210A Street, Langley

The Highlands at Sullivan Ridge ➜ 14795 – 61A Avenue, Surrey

High Point Equestrian Community

0 AVE

➜ 20843 – 69B Street, Langley

Pepin Brook Vineyard Estates ➜ 2368 Chardonnay Lane, Abbotsford

Pepin Brook Executive Homes South Pointe At Sunstone ➜ 10527 Modesto Place, North Delta

MT LEHMAN RD

ROSS RD

BRADNER RD

272 ST KING RD

OL D YALE RD FR A H UT N RD O S SIMP SO PE A R DONVILLE MARS

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; Milner Heights

➜ 29363 Bordeaux Terrace, Abbotsford

HARRIS RD

AbbotsfordDOWNES RD

FR ASE R HW Y

256 ST

240 ST

8 AVE

16 AVE

7 AVE

TOWNLINE RD

White Rock

16 AVE

TOWNSHIPLINE RD

13

1A

248 ST

BUENA VISTA AVE

200 ST

99A

NORTH BLUFF RD

RH WY

224 ST

15 192 ST

32 AVE

184 ST

152 ST

140 ST

128 ST

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Trails Edge ➜ #41, 24185 - 106B Avenue, Maple Ridge

Vista’s West ➜ 6058 – 163 Street, Cloverdale

Wedgewood ➜ 768 Orwell Street, North Vancouver

Jewel II ➜ 6130 Wilson Street (at Beresford), Burnaby

Green

SouthPort ➜ 3677 – 143 Street, South Surrey

Stoneleigh at Silver Ridge ➜ 13851 - 232 Street, Maple Ridge

➜ #106, 7488 Byrnepark Walk, Burnaby

Salus ➜ #1, 6671 - 121 Street, Surrey

Summerfield ➜ 109 – 172A Street, Surrey

Time At Walnut Grove ➜ 9525 - 204 Street, Langley

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

13

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openhousea showcase of new homes

showcaseofofnew newhomes homes openhousea ashowcase openhouse Jewel II

Rd

Mt Seymour Pkwy

1 Fern St

■ Boffo Developments Ltd. Jewel Sales Team: 604.456.0688 www.jewelhomes.ca

Metrotown

Imperial Ave

Dwelling type: Townhomes, Lowrise Condo Bedrooms: 1 - 3 Bathrooms: 1 -2 Special features: Live a balanced and luxurious life at an international awardwinning West Coast mountain resort-inspired community – complete with your own private spa and members-only club. A collection of smart urban apartment flats and spacious Cityhomes with inventory ready to move into immediately! Final phase of Cityhomes for immediate release includes limited supply of four-bedroom homes.

Priced from: Flats - $239,900; Cityhomes - $329,900 On display: Two showhomes

way

■ Adera Development Corp.

Salus Sales Team: 604.507.0065 www.adera.com

➜

Marine Way

➜ #1, 6671 - 121 Street, Surrey

121 St

Boundary

Kings

➜

■ Adera Development Corp.

Green Sales Team: 604.439.8858 www.adera.com

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Salus Dwelling type: Lowrise Condo Bedrooms: 1 - 3 Bathrooms: 1 -2 Special features: Name says it all! First Built Green apartment community rated Gold level for environmental stewardship and bottomline savings. Incredibly located at geographic Greater Vancouver center, with shopping, SkyTrain, and innumerable services within five minutes, yet tucked into natural environment and adjacent to an 80-acre+ environmental preserve. Award-winning project and walking distance to schools.

Priced from: $295,900 *limitations apply On display: Two showhomes

➜ #106, 7488 Byrnepark Walk, Burnaby

Central Park

Scott Rd

Green

Kingsw ay

➜ 6130 Wilson Street (at Beresford), Burnaby

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Dwelling type: Townhomes, Highrise Condo Bedrooms: 1+den, 2 brm, 2+den, 3 brm Bathrooms: 1-3 Special features: Last chance for luxury at Central Park. Spacious homes from 743 – 1,784 sq. ft. Exceptionally large terraces (up to 1,285 sq. ft). Exclusivity of only five suites per floor.

9ft ceilings, over-height doors, expansive windows, hardwood flooring, premium stainless-steel appliances. Features and finishes are second to none.

Priced from: high-$300,000s On display: One showhome (closed Friday)

➜

■ Polygon Homes Ltd. Laura Cavanagh: 604.980.2508 www.polyhomes.com

Premier St

Orwell St

➜ 768 Orwell Street, North Vancouver

➜

Dwelling type: Townhomes Bedrooms: 3 and 4 Bathrooms: 2 ½ and 3 ½ Special features: Wedgewood, Polygon’s limited collection of executive townhome residences in North Vancouver, is distinguished

by West Coast Craftsman architecture and contemporary interiors featuring open-plan layouts, luxurious ensuites, gourmet kitchens with granite countertops, warm laminate flooring, and sleek stainless-steel appliances, and an unparalleled location in the hear of North Vancouver’s breathtaking outdoors.

Priced from: $599,900 On display: 3 showhomes (closed Friday)

Boundary

Wedgewood

66 Ave

Come home to a special day!

Win a chance to pamper yourself at Spa Utopia…

Pick up an entry card at any showhome on the GVHBA Open House, a Showcase of New Homes tour for your chance to win a complete indulgence day at Spa Utopia!

Let Spa Utopia set the stage for a special day. For more details see page 18…

14

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes OPEN HOUSE Spring 2010 | GVHBA Showcase of New HomO e sP E N H O U S E S p r i n g 2 0 1 0 | G V H B A S h o w c a s e o f N e w H o m e s 1

4

It is still a great time to purchase a new home in Metro Vancouver CONTINUED FROM P.4

ParkLane Homes’ Time at Walnut Grove features welldesigned living spaces.

all the tough times in the past.

5. Immigrants. “In 2008, we had 73,000 immigrants into the province that is 36,000 families that have to rent or buy.�

6. Vancouver, like London, Hong Kong and Manhattan, has never been affordable, but if you want to live here, “You have to pay a premium,� Jurock says.

Having a home, no matter what the housing market is doing, is a solid investment that can generally, outmatch any other investment, he notes.

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â&#x20AC;&#x153;If you look at people who say that real estate will not recover, they said that in 1974 when the Dow Jones collapsed by 40 per cent ... in 1982 we had 21 per cent interest rates, in 1987 we had a huge stock market crash, then if you go to 1993 we had 12-and-a-half per cent unemployment,â&#x20AC;?

Jurock says. â&#x20AC;&#x153;Throughout it all, if you just bought a house, you pretty well out-performed any other investment and most own it outright today.â&#x20AC;?

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â&#x20AC;&#x153;The markets over the past year have been dominated by end users,â&#x20AC;? he says. â&#x20AC;&#x153;I never say itâ&#x20AC;&#x2122;s a good time to buy or a bad time to buy or sell or not sell. This is, for most of us, the largest purchase we will make ... certainly home sales, in Vancouver for example, were trending on record levels at the end of last year and that indicates that consumers believe now is a good time to buy.â&#x20AC;?

Real estate advisor Ozzie Jurock says there are six reasons why buying a home today is still a good investment: 1. Buying a home is the only capital gains, tax-free investment in Canada thatâ&#x20AC;&#x2122;s left.

2. It is a forced savings account.

3. It is better leverage than the stock market. â&#x20AC;&#x153;If you bought a $100,000 condo and you put $5,000 down and the price goes up by 10 per cent to $110,000 you have made 200 per cent on your down payment.â&#x20AC;?

4. Strong historical performance through

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OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

15

On the desig

out and gain som at new homes in MAGGIE CALLOWAY

Adera’s Green, on the South Slopes of Burnaby, is an award-winning community where brand-new homes await. Green features an exceptional amenities club, called Seasons.

16

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

Are tastes changing when it comes to designing a home? Are we living differently than we did even a few years ago?

Morningstar Homes vice-president of sales and marketing Deborah Calahan doesn’t think things have changed drastically over the past three years or so, but notes that certain areas within new homes have become more embellished.

“People want a home where they can live and entertain with style,” she says, and adds that most homeowners seem to want a home with a main gathering space.

“Great rooms and kitchens are becoming more of a focal point and clients want them to be more elaborate. Kitchen islands have gotten bigger over the years with breakfast stools and built-in fridges and wine coolers.”

Quality cabinetry, hardwood flooring and more elaborate faucets – many restaurant-like – are in demand as well, Calahan says.

“People want what they see on food televi-

Colin and Leah get better informed as they explore a kitchen in one of the new homes featured in Open House.

Martin Knowles photo

The showhome at Polygon’s Wedgewood in North Vancouver features chic built-in millwork shelves. Rob Newell photo

gn trail: get

me fresh ideas n showcase sion, they want to entertain over dinner and have guests be part of the event.”

Great rooms attached to kitchens are not new, but as people got used to them and found how perfectly they worked for the family, the traditional living room became smaller or nonexistent.

Eventually, what was once a private family space became the area where all the entertaining is done. Great rooms and kitchens now open onto terraces and patios, and the flow between the interior and the exterior rooms and the swimming pool and galore lounge areas has become seamless.

Where possible, Morningstar builds a double-height kitchen and family area so the family doesn’t feel closed in, Calahan says.

“What has changed over the years is people are spending a lot more time at home. They nest Patios at Boffo’s Jewel I are expansive and more and because they are spending more time

IDEAS

CONTINUED ON P.19

offer sweeping views of Metro Vancouver.

Jewell II homes are now selling. Raef Grohne photo OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

17

a showcase of new homes Comeopenhouse home to a special day…

Win a chance to pamper yourself at Spa Utopia!

Pick up an entry card at any showhome on the GVHBA Open House, a Showcase of New Homes tour for your chance to win a complete INDULGENCE day at Spa Utopia!

Let Spa Utopia set the stage for a special day. We have gathered some of our most popular services and treatments into spa packages that are tailored to suit your personal desires. From beauty makeovers to glitz packages to the Spa Royale for men and women, choosing has never been easier.

UTOPIA INDULGENCE: Approximately 7 hours; 75-minute Aromatherapy Designed for YOU Full Body Massage • 75-minute Utopia™ Signature Facial • 75-minute Exclusive Pedicure with Paraffin Treatment • Shampoo, Deep Treatment & Instructional Style • Professional Makeup Application • Spa Lunch

Spa Utopia locations: LANGLEY: 106 - 20486 64 Avenue NORTH VANCOUVER: 160 - 889 Harbourside Drive w w w. s p a u t o p i a . c a

VANCOUVER: 1001 - 999 Canada Place Pan Pacific - Cruise Ship level

Full contest details available at

www.gvhba.org

18

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

Sniff out some fantastic new ideas during showcase CONTINUED FROM P.17

there, they want both the family and guests to feel special,” she says.

Larger foyers, vaulted ceilings and coffered ceilings are currently popular, and can lend a dramatic sense to the home.

Upstairs, Calahan says, people are drawn to wider stairwells and wider hallways, as well as large, spacious master bedrooms, walk-in closets and spa-like ensuite bathrooms.

“Elegance and comfort are the bywords.

When people are buying a home, these are the areas they look at more critically.”

Some secondary rooms are nearly as big, or as big as, the master bedroom, she notes.

CONTINUED ON P.20

A living area at Marcon’s Cornerstone in Langley features a lush shag area rug, while new patio furniture shines in a backyard at Foxridge Homes’ Vista’s West.

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

19

‘Elegance and comfort are the bywords’ CONTINUED FROM P.19

Powder rooms, in the public areas of the home, are being treated to amazing design.

Because the room is small and subsequently more reasonable to decorate, homeowners are pushing the boat out with dramatic wallpaper and tile. These tiny rooms are becoming like jewel boxes, a place to indulge a bit of your wild side.

Local architect Randy Bens comes to the questions of what is new and what clients want in a home from a totally different perspective. Bens works intimately with his clients to create a personal expression of his clients’ needs coupled with unique design.

“Where I see changes is in the materials used in the building of the home and the internal systems,” Bens says.

“People are a lot more accepting of recycled products now. There are a lot more interesting products out there, from paneling to countertops.”

Bens says people seem to be looking for more authenticity in material, “more CONTINUED ON P.21

20

Couple Colin and Leah can visualize ownership in the backyard of an Open House: A Showcase of New Homes showhome.

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

Explore homes to your heart’s delight CONTINUED FROM P.20

organic, if you will.”

Another item his clients are interested in are the large, folding doors between the kitchen/great rooms and the terrace.

Used instead of French doors or sliding patio doors, they allow an unbroken transition between interior and exterior, as they fold completely out of the sightline.

Bens notes that, while solar panels to heat hot water are common in commercial projects, that trend has been slow to penetrate the residential market, likely due to cost.

“The best thing for homeowners to do is insulate,” he says.

“Polyurethane foam, the spray foam, is a great way to go – you get a really good insulation value per inch. That combined with the quality of windows today and heat pumps, I’m finding the systems in the house are becoming more sophisticated and more efficient. Maybe the next thing is solar costs will come down and homeowners can afford to install.”

Polygon’s Kensal Walk in Coquitlam features spacious master bedrooms and a resortinspired amenities facility. The first homes released sold out on opening weekend.

CONSUMER PROTECTION for H O M E B U Y E R S Buying or building your own home? Find out about your rights, obligations and information that can help you make a more-informed purchasing decision.

Visit the Homeowner Protection Office (HPO) website for free consumer information including: SERVICES:

P U B L I C AT I O N S :

• New Homes Registry – find out if any home registered with the HPO after November 2007: • can be legally offered for sale • has a policy of home warranty insurance • is built by a Licensed Residential Builder or an owner builder • Registry of Licensed Residential Builders

• Buying a Home in British Columbia – A Consumer Protection Guide • About Home Warranty Insurance in British Columbia • Maintenance Matters bulletins – practical information for homeowners in multi-unit buildings • Sign up for an online subscription to consumer protection publications

www.hpo.bc.ca Toll - free: 1- 800 - 407-7757 Email: hpo @ hpo.bc.ca

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

21

Choose a GVHBA member

Polygon’s North Vancouver Wedgewood’s inviting path starts the romance.

Rob Newell photo

Fall in love with a new home at Open House event CONTINUED FROM P.9

South Surrey and Langley.

Overall, nearly 50 showhomes and presentation centres will be wide open for the public to come and peruse.

A variety of homes are showcased on the tour; from condos and townhomes to detached houses, a wide selection of home styles and price range will be on display.

GVHBA CEO Peter Simpson says the event is a great way to see what’s happening in today’s new, local homes.

“It’s a good opportunity to homes showcase the latest and greatest in new home design,” he says, and notes the participants featured in Open House are all established builders who have earned solid reputations over the years.

“We’re delighted they’ve chosen to participate again this year.”

At ParkLane Homes, the feeling is mutual. The company is showcasing three homes sites: SouthPort in South Surrey, Bedford Landing in Fort Langley, and Oakvale Developments’ Trails Edge Time at Walnut Grove in Langley. in Maple Ridge offers spacious new

NEW

CONTINUED ON P.25

22

duplexes that will inspire you.

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

single fa mily homes

FROM

619,900

$

Includes net HST

Purchase one of 40 remaining single family homes in West Cloverdale, offering gorgeous mountain and valley views. With over 13 acres of dedicated green space

60 Ave

168 St

164 St

163 St

complete with nature trails and parks, you’ll find it’s the perfect backdrop for your new home ( ranging from 1900 to 2200 ft2 plus unfinished basement ).

New Show Home Now Open!

OPEN DAILY: Noon to 5pm 6058 - 163 St., Cloverdale 778-571-1389 info@liveatvistas.com

VISIT OUR WEBSITE AT: www.foxridgeliving.ca

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

23

REASON

#151

YOUR OWN PRIVATE SPA

L I V E

W E S T

C O A S T

W E S T

C O A S T

LIVE WEST COAST Grind it out from 9 to 5 - then chill out and get pampered at the Spa! Now you’re talking!

A few Salus mountain resort-inspired home remain.

MOVE IN IMMEDIATELY! You can move immediately into a 2-bedroom Flat from $239,900* or choose a 3-bedroom Cityhome from $329,900*. And, if you need a 4-bedroom home, you can preview the final phase of Cityhomes which are for imminent release. Drop by at Scott Road and 66th Ave in Surrey to view, call 604 507 0065, or check out adera.com. *Limitations apply, contact sales for details. Sales by disclosure only.

Salus Adera Projects Ltd. 2200 - 1055 Dunsmuir, Vancouver, BC 604 684 8277

REASON

#48

BIKE WASH STATIONS

L I V E

LIVE WEST COAST Play hard outdoors; live well indoors. That’s why you live on the West Coast.

And that’s why Green features bike and car wash stations - so you can live West Coast the way you want. Situated by the Byrne Creek Park eco-preserve, Green’s stellar bike riding and proximity to rapid transit lets you commute sustainably to work and play. Near Southpoint and Griffiths Avenue. Priced from $299,900*.

Learn more at adera.com, or call 604.439.8858.

*Limitations apply, contact sales for details. Sales by disclosure only.

Green Adera Projects Ltd. Adera Realty Corp. 2200 - 1055 Dunsmuir, Vancouver BC 604 684 8277.

24

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

Home sweet home: come and see what’s new and hot CONTINUED FROM P.22

“ParkLane is pleased to take part in this year’s GVHBA Open House event,” says Yosh Kasahara, ParkLane’s marketing manager.

“As long-time members of the GVHBA, we are proud to support events such as this that gives prospective homebuyers a unique opportunity to experience and compare the new homes that are available on the market today.”

Polygon Homes is another wellrespected builder that is participating this spring, showcasing Kensal Walk in Coquitlam and Wedgewood in North Vancouver.

“It’s a great chance for people to come out and see the fantastic showhomes we do,” says Ralph Archibald, Polygon’s senior vice-president of sales and marketing.

“Even if people are just beginning to think about buying a home, it’s a good

A bedroom at Vesta’s Milner Heights in Langley features a vaulted ceiling and trendy colours.

way to get out and see what’s available ... to start gaining an understanding of the market.”

Current clubhouses at multi-unit home

developments often feature resort-like amenities are well worth taking the tour, Archibald notes.

Visit www.gvhba.org for details.

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

25

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OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

Lining up for a look...

Potential new homebuyers line up for the opening weekend event at Polygon’s Cambridge Park in Richmond.

Homes are hot in the Metro

Vancouver housing market TRICIA LESLIE

Saying Metro Vancouver’s housing market is different from most others in North America would be an understatement.

It’s not just the fact that homes here have consistently higher price averages than anywhere else in Canada or the U.S. – that’s been a well-known fact for some time.

The Metro Vancouver area is a desirable place to live, after all, and available land on which to build is finite.

But the fact that builders continue to build new homes to keep up with demand, and the fact that homebuyers continue to purchase new dwellings – many still line up for opening weekends throughout Metro Vancouver – shows that there is plenty of activity and confidence in the local CONTINUED ON P.29

The Highlands at Sullivan Ridge in Surrey offer new, single-family homes to potential homebuyers. Discover and enjoy this quiet Surrey neighbourhood. Rob Newell photo OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

27

28

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

‘There are still some pretty good values out there’ CONTINUED FROM P.27

real estate market. Metro Vancouver now holds the honour for the most expensive home sold through the industry’s MLS listing service in the first quarter of 2010, as the high-end luxury homes market surged across Canada.

The home that took the title is an 11,600-squarefoot home on three-quarters of an acre on Vancouver’s west side; it sold for $10.06 million.

Other noteworthy sales include a $7.25-million home in Mississauga, Ont.; a $5.5-million home in Montreal (Island) and $5.3 million in White Rock/ South Surrey.

The priciest high-end listing could be found in West Vancouver, at $29.9 million, reports Re/Max. Luxury market aside, homes are still hot in Metro Vancouver.

Canada Mortgage and Housing Corporation reports that in the first quarter of the year, new home construction picked up in British Columbia. Foundations were poured for 5,337 new homes in the first three months of the year, compared to 2,522 in the first quarter of 2009.

And the B.C. Real Estate Association reports that home sales throughout the province climbed by 43 per cent in March compared to the same month last year.

The entire region weathered the economic downturn much better than many expected in the housing market, and even during traditionally slow months such as December, home sales were setting records in Greater Vancouver.

Polygon Homes president and CEO Neil Chrystal notes that, in the long-term, real estate is always a good investment.

Although there is the expectation that the Bank of Canada will raise its lending rate, Chrystal points out that mortgage interest rates are still quite low compared to historical standards.

Not all homes are high-end luxury mansions worth millions, either.

“There are still some pretty good values out there,’’ Chrystal says.

He expects to see a strong spring market in Metro Vancouver, and a strong fall market as well, with some potential slowdown in between.

In the meantime, Polygon continues to build new, high-quality communities throughout the Lower Mainland, with many more projects in the planning process, some set to break ground this year. ‘’We’re pretty optimistic for the future,’’ he says.

It looks like Polygon Homes is not the only local company preparing to build more homes. “(Housing) starts are set to rise – about a 30 per cent increase,’’ says CMHC senior market analyst Robyn Adamache.

About 11,000 starts are expected here this year and 14,500 in 2011, she notes.

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An Azura Homes Pepin Brook showhome features overheight ceilings and massive windows, while a kitchen at Legendary Homes’ Maple on 84th shines.

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Price pressure likely to ease during the year CONTINUED FROM P.29

Overall, the CMHC expects “much more balanced market conditions than the past year or so” in Metro Vancouver, Adamache says.

CMHC predicts a six per cent price increase compared to 2009 in Metro Vancouver, and as the market becomes more balanced, the upward pressure on prices will lessen, she adds.

UBC real estate expert Tsur Somerville agrees.

“I think that price pressures are going to ease,’’ he says, and echoes Chrystal’s thoughts about mortgage interest rates, noting they are not high at all compared to historical standards, even if rates go up by as much as two per cent.

Overall, “My sense is a mix of optimism and anxiousness” in the local market, he says, with many likely eyeing interest rates and the economy, wondering if the worst of the global financial crisis is truly over.

The key will be the actual effects of any increases and the psychology of how people interpret any hikes, Somerville says.

Home Hunting

30

A kitchen at Morningstar’s South Pointe community in North Delta features a modern look, with stainless steel appliances, an island and high-contrast colours. Rob Newell photo

OPEN HOUSE Spring 2010 | GVHBA Showcase of New Homes

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