Burnaby

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Burnaby Residential Market Stats

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Tom Ikonomou direct at 778.879.8366 or reach out to us HERE

For all detached homes for sale in this area click HERE

For all attached homes for dale in this area click HERE

Abbotsford

Abbotsford Residential Market Stats – Detached homes

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For all detached homes for sale in this area click HERE

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Kerrisdale

Location

Kerrisdale is located in Vancouver’s West side and boarders West 37th Ave at the North, West 49th Ave at the South, Cypress Street at the East and Blenheim Street at the West.

Kerrisdale Market Stats

Kerrisdale Schools

Kerrisdale is home to Kerrisdale Elementary SchoolKerrisdale AnnexMaple Grove Elementary SchoolDr. R. E. McKechnie Elementary School, and Quilchena Elementary School, as well as Magee Secondary SchoolPrince of Wales Secondary School and Point Grey Secondary School.

Crofton House School, a private school for girls, is on the western edge of the neighbourhood, next to Dunbar-Southlands.

 

Click HERE to go direct to your Neighbourhood. Get access to resources, property info, news & updates via electronic messaging. You may withdraw consent anytime. We take your privacy seriously. For market stats specific to your home and area call
Tom Ikonomou direct at 778.879.8366 or reach out to us HERE

For all detached homes for sale in this area click HERE

For all attached homes for sale in this area click HERE

To visit the Kerrisdale neighbourhood facebook page click HERE

 

 

Building without Professionals

Building without Professionals

Buyer Beware! This poor woman was ripped off for $80,000.

Buyer Beware! This poor woman was ripped off for $80,000. Check out our interview on how to protect yourself from unlicensed and unscrupulous builders.

A Surrey woman is fighting to get some of her money back after discovering the builder she hired isn’t licensed as a new home builder in British Columbia.

Queency Marfa says she didn’t learn this critical information until after she signed the deal, and now she’s discovered there are a whole lot of things she should have done differently.

For example, she should have checked the licensing of the builder, as well as had an expert or real estate lawyer take a look at her contract before she signed it.

The Home Builders Association says there’s a lot more to being a good home builder than knowing how to swing a hammer and use a saw – you need business skills too. The company you hire needs to meet regulations and provide up to date paperwork and invoicing.

Larry Clay, VP of the Greater Vancouver Home Builders’ Association, took a closer look at Marfa’s contract and immediately saw a red flag with the warranty the builder was offering. “This is not a licensed builder providing a 2-5-10 warranty,” Clay said, nothing this means a two-year warranty on labour and materials, five on the building envelope, and 10 years on the structure.

The 2-5-10 warranty is the strongest defect insurance you can get on a new home in Canada, but not every builder can offer one. Only a licensed residential builder can offer a warranty, and it needs to be registered with BC’s Home Protection Office and held by a third-party company – not just the builder.

Clay was also concerned about the 40 per cent down payment required in the contract, given that 10 per cent is the industry standard. He says a home building contract should be very specific, laying out a project schedule and terms of payment. Once construction beings, the consumer should be provided detailed job cost reports and expect weekly project status updates along with receipts for money spent.

Marfa says she’s paid about $80,000 to Steel Dragon Construction Ltd., which is not a licensed builder. Her old house has been demolished, and plans were purchased and submitted for permitting of the new home, but Marfa has been given no receipts for the work that has been done.

“I have no proof of anything of what [the company] has paid and what [the company] has done with the money,” Marfa said.

“If you look at my scope, my scope is going to be hundreds of pages,” says Clay. He offers homebuyers, signed agreements to make sure that workers are paid. Ten percent of the money is held back from subcontractors and kept in trust to protect the consumers from liens. He says only 10 percent of builders offer holdback accounts, but it’s worth requesting.

As for Marfa, she will likely have to go to court to get out of the contract and recover any used funds.

That’s why real estate lawyer Paul Roxburgh highly recommends that anyone building a new home get their own representation before entering into a contract. “It’s, I think, dangerous for the unsophisticated non-lawyer public to be signing documents like this without some form of representation,” Roxburgh added.

In addition to checking out a builder’s license, check how long they’ve been in business and ask about their background and try to verify their credentials. You should also follow-up with references and ask whether they allow onsite inspections of the project.

Story courtesy of Ross McLaughlin on your side CTV

For more information, visit www.clayconstruction.ca

Get access to resources, property info, news & updates via electronic messaging. You may withdraw consent anytime. We take your privacy seriously. For market stats specific to your home and area call Tom Ikonomou direct at 778.879.8366 or reach out to us here

Mount Pleasant

Location

Mount Pleasant is located in East Vancouver and is boarders East Hastings at the North, East 16th Avenue at the South, Clark Drive at the East & Ontario Street at the West up False Creek up to Georgia Viaduct at the North West.

Parks

Mount Pleasant has Eleven parks including, Creekside Park, Thorton Park, Trillium Park, Strathcona Park, Maclean Park, Guelph Park, Sahalli Park, China Creek North park, China Creek South park, Robson Park & Tea Swamp Park.

Mount Pleasant Residential Market Stats

Click HERE to go direct to your Neighbourhood. Get access to resources, property info, news & updates via electronic messaging. You may withdraw consent anytime. We take your privacy seriously. For market stats specific to your home and area call
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For all detached homes for sale in this area click HERE

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Cambie

homes-for-sale-vancouver

Location

Cambie is located in Vancouver’s West side. It boarders Ontario Street at the East, Oak Street at the West, West 16th Ave at the North & West 41st Ave at the South.

Parks

Cambie has Parks including, Heather Park, Douglas Park, Braemar Park, Hillcrest Park & Queen Elizabeth Park. Cambie is home of BC Children’s and women’s hospital as well as Scotia Bank Nat Bailey Field.

Residential Market Stats

Click HERE to go direct to your Neighbourhood. Get access to resources, property info, news & updates via electronic messaging. You may withdraw consent anytime. We take your privacy seriously. For market stats specific to your home and area call
Tom Ikonomou direct at 778.879.8366 or reach out to us HERE

For all detached homes for sale in this area click HERE

For all attached homes for dale in this area click HERE

Kitsilano

kitsilano-homes-for-saleLocation

Kitsilano is located in Vancouver’s West side. It boarders English Bay at the North, West 16th Ave at the South. Burrard Street at the East & Alma Street and a portion of Dunbar Street on the West.

1800 to 3000 block E/W
1000 to 3100 block N/S

Notable landmarks in Kitsilano include the Burrard Bridge, Kitsilano Beach, and the Museum of Vancouver/H. R. MacMillan Space Centre.

Parks

Kitsilano has Twelve parks including Tatlo Park, Volunteer Park, Margaret Pigott Park, Jean Beaty Park, McBride Park, Almond Park, Connaught Park, Arbutus Greenway Park, Rosemary Brown Park, Delamont Park, Hadden Park & Vanier Park. It’s also home to Kits Beach.

Residential Market Stats

The following graph represents all residential properties including detached homes, townhouses, duplexes & apartment/condos. For a chart specific to your type of home, reach out to us here

Click HERE to go direct to your Neighbourhood. Get access to resources, property info, news & updates via electronic messaging. You may withdraw consent anytime. We take your privacy seriously. For market stats specific to your home and area call
Tom Ikonomou direct at 778.879.8366 or reach out to us HERE

For all detached homes for sale in this area click HERE

For all attached homes for sale in this area click HERE