Enjoy a South Surrey location and lifestyle at Citimark’s Enclave ›› p.8 New Richmond homes at Am-Pri’s Mezzo ›› p.4 July 15, 2010 Starts at steady pace in June, reports CMHC MAGGIE CALLOWAY You have decided that this time when you move, you want to buy a new home. You are looking forward to living in a home with brand-new everything – from furnace to roof – instead of worrying about what is lurking behind the walls of an older home. New homes have warranties, which are a major comfort, but homebuyers should always conduct due diligence and research on the builder or developer they choose. Visiting homes or developments where the chosen builder has built in the past and ask- ing questions about the quality of work, and the builder’s response to concerns, is always a good idea. is is the biggest purchase in many homeowners’ lives, and it deserves at least as much research before buying as any other financial commitment. Even when purchasing a new home, there are things homebuyers must be aware of, both financial and practical. An ideal first step is figuring out what you can afford. Visit your lender and have a frank discussion about your financial situation now and in the foreseeable future. Getting a Preparing to purchase new On the house hunt: even if it’s new, there’s still questions to ask Even if homebuyers are purchasing a brand-new home in Metro Vancouver, there’s still a lot of research and prep work they can do before buying, says South Surrey realtor Sarah Daniels. Martin Knowles photo CONTINUED ON P.2 Builders were busy throughout Metro Vancouver in June. Canada Mortgage and Housing Corpora- tion reports that 1,250 housing starts were recorded in June in the Vancouver Cen- sus Metropolitan Area, bringing the total number of starts for the first half of 2010 to 6,881 homes. “We have a steady pace of new projects breaking ground, and together with a signifi- cant increase in the value of residential building permits recorded in May, we are well on track for total housing starts in 2010 to surpass the 10,000 mark,” says CMHC senior market analyst Robyn Ad- amache. e current rate suggests that the region will remain under the 10-year average level of 15,360 units, Adamache notes, but she adds that rental housing starts are up. “Rental housing units have totalled 475 units so far this year, sur- passing the levels seen for the same period over the past five years,” Adamache says. “Given the steady pace of immigration adding to the region’s population, builders are responding to demand for this type of housing.” Nationally, housing starts were down slightly in June, slipping to 189,300 units (seasonally adjusted at annual rates, or SAAR). In urban British Columbia, the rate of housing starts moved higher during the month of June, edging up 6.3 per cent to 23,600 units SAAR. “We are well on track for total housing starts in 2010 to surpass the 10,000 mark.” Robyn Adamache
Transcript
Enjoy a South Surrey location and lifestyle at Citimark’s Enclave ›› p.8
New Richmond homes at Am-Pri’s Mezzo ›› p.4
July 15, 2010
Starts at steady pace in June, reports CMHC
MAGGIE CALLOWAY
You have decided that this time when you move, you want to buy a new home.
You are looking forward to living in a home with brand-new everything – from furnace to roof – instead of worrying about
what is lurking behind the walls of an older home. New homes have warranties, which are a major comfort, but homebuyers should always conduct due diligence and research on the builder or developer they choose.
Visiting homes or developments where the chosen builder has built in the past and ask-ing questions about the quality of work, and the builder’s response to concerns, is always a good idea. This is the biggest purchase in many homeowners’ lives, and it deserves at
least as much research before buying as any other financial commitment.
Even when purchasing a new home, there are things homebuyers must be aware of, both financial and practical.
An ideal first step is figuring out what you can afford. Visit your lender and have a frank discussion about your financial situation now and in the foreseeable future. Getting a
Preparing to purchase newOn the house hunt: even if it’s new, there’s still questions to ask
Even if homebuyers are purchasing a brand-new home in Metro Vancouver, there’s still a lot of research and prep work they can do before buying, says South Surrey realtor Sarah Daniels.Martin Knowles photo
CONTINUED ON P.2
Builders were busy throughout Metro Vancouver in June.
Canada Mortgage and Housing Corpora-tion reports that 1,250 housing starts were recorded in June in the Vancouver Cen-sus Metropolitan Area, bringing the total
number of starts for the first half of 2010 to 6,881 homes.
“We have a steady pace of new projects breaking ground, and together with a signifi-cant increase in the value of residential building permits recorded in May, we are well on track for total housing starts in 2010 to surpass the 10,000 mark,” says CMHC senior market analyst Robyn Ad-amache.
The current rate suggests that the region will remain under the 10-year average level of 15,360 units, Adamache notes, but she adds that rental housing starts are up.
“Rental housing units have totalled 475 units so far this year, sur-passing the levels seen for the same period over the past five years,” Adamache says.
“Given the steady pace of immigration adding to the region’s population, builders are responding to demand for this type of housing.”
Nationally, housing starts were down slightly in June, slipping to 189,300 units (seasonally adjusted at annual rates, or SAAR).
In urban British Columbia, the rate of housing starts moved higher during the month of June, edging up 6.3 per cent to 23,600 units SAAR.
“We are well on track for total housing starts in 2010 to surpass the 10,000 mark.”
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pre-qualified mortgage and looking at homes that fall into your price range is never a bad idea. You may think you can handle being house-rich and cash-poor, but the romance soon fades when a homebuyer realizes he can’t afford his usual recreational pursuits because of an enormous mortgage.
Sit down and really talk with your family about lifestyle choices. Do you want to live in a rural setting or is a downtown condo more your style? What about commuting? And if a commute is in your future, how long should it be and what will be the cost? If you have children, having schools and recreational facilities nearby is important, as are local playgrounds where children can play together.
Consider your needs first: how many bedrooms? Total living space? Do you need a big kitchen and family room? How much yard space will the family use and maintain?
After needs comes wants.Would you like an extra room for an office
or exercise room? Do you want a swimming pool? Do you entertain a lot through the summer and an outdoor kitchen would be fantastic?
Sarah Daniels, a realtor with Bay Realty in South Surrey, says when homebuyers are looking to purchase a brand-new home, they
should still make their offer to buy sub-ject to financing, and they should look at the builder’s disclosure statements with their realtor if purchasing a strata property.
“You should also do a walk-through with the builder and make
what is called a deficiency list, if there are things that need to be either changed
or repaired,” Daniels says.“Both you and your builder should sign off
on the list, so you both agree with the con-tents. The walk through should be done about a week to ten days before the closing date.”
Sometimes, the house is still being built
when viewed, so it’s hard to do an inspection, Daniels notes.
In that case, she advises having a copy of the final occupancy permit.
She adds that another thing to keep in mind when having a house built or with a pre-sale purchase is the date of occupancy.
“If you sold a home with the expectation of moving in on a certain date and the new house or condo isn’t ready, you need a contin-gency plan to get you from A to B,” Daniels says.
“The buyer needs to stay in close contact with the developer or builder so they have a firm idea of the completion date.”
What each homebuyer looks for in a new
The Harmonized Sales Tax became official in B.C. as of July 1.
And that means purchasers of new homes will be able to find noticeable savings in several Metro Vancou-ver and Fraser Valley communities, reports the Fraser Valley Real Estate Board.
The FVREB, which represents the real estate industry in North Delta, Surrey, White Rock, Langley, Abbots-ford and Mission, notes that there are still several Metro Vancouver neigh-bourhoods and communities where the impact of the HST will be nearly unnoticeable.
“Since the majority of new town-homes, apartments and select, new single-family homes in our region sell
for less than $525,000, the new housing rebate threshold in B.C., the impact of the new HST will be lessened,” says FVREB president Deanna Horn.
The seven per cent Provincial Sales Tax joins the five per cent
Goods and Services Tax July 1, for a combined HST rate of 12 per cent.
While the HST applies to the sale price of all new residential proper-ties, the provincial government will provide a rebate up to a maximum of $26,250, the FVREB notes.
“According to the provincial gov-ernment, homes that sell for up to $525,000 will cost the same or less than what they would have with only the GST applied,” the FVREB release states.
Horn says that when the HST was first announced, FVREB members were extremely concerned for their clients.
Now, although the HST impacts new homes purchases more dramati-cally than resale, “We’re pleased that through our lobbying efforts along-side other B.C. housing industry representatives (including the Greater Vancouver Home Builders’ Associa-tion), we were able to convince the government to increase both the threshold for the new housing rebate, and the amount of the rebate itself,” Horn says.
“The result is that most buyers of new, attached homes and select detached homes in the Fraser Valley will be able to maximize the benefit of the government’s rebate program.”
According to Canada Mortgage and Housing Corporation, the average price of a new townhome in Surrey in May was $475,154 and $403,469 in Abbotsford.
The average price of a new apart-ment home – 1,000 square feet – is $294,860 in Surrey, $273,880 in Lang-ley, and $2323,800 in Abbotsford, the FVREB notes.
Many new homes fall under HST threshold, says FVREBImpact of HST ‘will be lessened’ in some areas
Deanna Horn
Talking to a real estate professional who knows the industry and the community is a good idea before purchasing a new
home. Realtor Sarah Daniels helps ensure the homebuyers ask all the right ques-
tions prior to buying.Martin Knowles photo
“Stay in close contactwith the developer”
New homes at Morningstar’s South Pointe in Delta come with full, unfinished basements.
Off the front: “You should do a walk-through with the builder and make a deficiency list” – Sarah DanielsCONTINUED FROM P.1
CONTINUED ON P.3
BUYING NEW
New Local Home | July 15, 2010 • 3
“OUTSTANDING NEW HOME VALUE”
Real Estate Weekly
“MARCON’S PAINSTAKING ATTENTION TO DETAIL
BECOMES CLEAR”New Local Homes
“THE CABINETRY, FLOORING, BATHROOMS, “FLOATING”
FIREPLACE & KITCHENS REFLECT A CLASSIC DESIGN WITH
CONTEMPORARY TOUCHES”Vancouver Sun
GET IN ON THE GROUND FLOOR OF LANGLEY’S SMARTEST, SEXIEST CONDOS.
CORNERSTONE’S ONE AND TWO BEDROOM HOMES ARE LOADED WITH COOL DESIGN FEATURES: VESSEL SINKS, FLOATING FIREPLACES
AND HUGE BBQ-WORTHY PATIOS.YET THESE HOMES COME AT A SURPRISINGLY
AFFORDABLE PRICE (FROM $184,900).
PLUS, YOU CAN BE SURE YOUR NEW CORNERSTONE HOME IS OF THE HIGHEST CALIBRE; MARCON HAS BEEN BUILDING OUTSTANDING
HOMES IN THIS COMMUNITY FOR 25 YEARS.NO WONDER PEOPLE ARE TALKING.
Redwood Park in South Surrey is a favourite destination for five-year-old Geordon McMaster and his family. When purchasing a new home, it’s a good idea to find out what kinds of parks, schools, amenities and recreational facilities are nearby, says a local realtor. Brian Giebelhaus photo/Peace Arch News
home is different, but Morningstar Homes vice-president of sales and marketing Deborah Calahan breaks it down into a priority list, based on a recent Morningstar survey.
Location tops that list, Calahan says, followed by floorplan, then builder reputation.
“Location is because (it’s) where you want to live, and the floorplans (are important) because they have to work with the way your family lives,” Calahan says.
“People are now using their homes as a place to hang out with family and friends, a meeting place. The great room/kitchen area has expanded into a gathering place with large islands between the kitchen and great room where your guests can enjoy a glass of wine while watching the meal being prepared.”
She adds that the focus on children’s rooms and play spaces has evolved.
“Our parents used to think noth-ing of kids sharing rooms or assigning (children) small rooms, but we are not that way anymore, our kids get it all,” she says. “People are looking for large secondary (or kids’) rooms. We have incorporated this into our floor plans.”
Remember to relax and enjoy the process. Take your time, get your financial ducks in a row, research the builder’s reputation and look at new homes. Then all that’s left is simply, to enjoy your new home.
Look into local amenities before movingCONTINUED FROM P.2
4 • New Local Home | July 15, 2010
88th Ave.to H
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68th Ave.
56th Ave.
Fraser Hwy
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Make Mezzo your home
A vibrant, thriving city, Richmond offers much in the way of lifestyle for those who choose to live there.
Nestled in the heart of Richmond’s established North McLennan neigh-bourhood, Am-Pri Construction Ltd.’s latest development, Mezzo, is attract-ing homebuyers with its high-quality construction and central location.
A small collection of 24 three-bed-room townhomes, Mezzo offers limit-less lifestyle options to its residents; everything is within reach, from world-class dining, shopping, entertainment and leisure opportunities to a reputable school system.
Two new McLennan neighbourhood parks are just steps away from Mezzo, notes Am-Pri general manager Amit Sandhu, while Landsdowne Centre, Richmond Centre, city hall, Minoru Park and other amenities are all nearby.
Am-Pri builds it homes with direct supervision from its founders through-out the entire process, Sandhu notes, and adds that Am-Pri understands purchasing a new home is one of the biggest decisions people will make in their lives.
“We thrive on creating meaningful relationships with our clients, which enriches the experience of buying a
Am-Pri offers new homes in Richmond
‘We thrive on creating meaningful relationships with our clients,” says Am-Pri Construction general manager Amit Sandhu. Rob Newell photoCONTINUED ON P.5
New Local Home | July 15, 2010 • 5
Stylish townhomes, central location
new home,” Sandhu says.“We try to put ourselves
in the shoes of the hom-eowner and ask ourselves questions when looking at blueprints, (such as) ‘Will this feel spacious or constricted?’ or ‘Will this door be an obstacle when it swings open?’”
These may seem like simple details, but it can be amazing how often such details are overlooked, Sandhu says.
Materials for the new homes are selected with sustainability and the envi-ronment in mind, as well as practicality and decreased operating costs for hom-eowners, he notes.
Mezzo’s traditional archi-tecture features elegant de-tails including deep gables, traditional wood trim and
Aiyana Markling flies a Revolution four-line kite at Richmond’s Garry Point Park, a popular recreational site. Richmond Review/Black Press photo
CONTINUED FROM P.4
CONTINUED ON P.6
Mezzo offers value, quality
6 • New Local Home | July 15, 2010
Move into Mezzo today
TWO PERFECT REASONS TO BUY!Duet off ers you an exciting opportunity to own an impeccably designed home that is ideal. From the gourmet kitchens, complete with granite countertops and stainless steel appliances, to the bold crown mouldings throughout, luxurious fi replaces and individual garages, these forward thinking townhomes are an open invitation to live the life you want to live.
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decorative window boxes.Inside, entry foyers are graced
with imported floor tiles, while laminate flooring extends through living areas. Main-floor living spaces all feature nine-foot ceilings, painted wood baseboards and door casings.
Kitchens feature stainless steel appliances and granite counter-tops; luxurious ensuites have deep soaker tubs; and closets come with built-in shelving.
“There are spacious patios and fenced yards for each home at Mezzo,” Sandhu says, making it easy for homeowners to enjoy barbecues in the summer; homes have fireplaces to ward off the chill of winter nights as well.
All Mezzo homes feature three bedrooms, two-and-a-half bath-rooms, and two-car tandem park-ing; square footage ranges from 1,190 square feet to 1,384 sq. ft.
Homes are priced from $520,000.
Visit www.ampri.ca for more information.
CONTINUED FROM P.5
Fenced yards give security
All kitchens at Mezzo feature stainless steel appliances, granite countertops and contemporary cabinetry. Rob Newell photo
New Local Home | July 15, 2010 • 7
Can value & luxury coexist? Start with 60 quality highrise residences under $399,000.
And add...
(stay tuned)
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This image is an artists’ representation only. This is not an offering for sale. Any such offering can only be made with a disclosure statement. E.& O.E.
8 • New Local Home | July 15, 2010
Enjoy an Enclave lifestyle
Citimark, developer of Enclave in Morgan Heights, has surpassed itself with the sixth phase of Enclave, a collection of 129 brand-new townhomes in the trendy South Surrey neighbourhood.
Built on a quiet, tree-lined, no-through street, the homes feature classic West Coast architecture, which fits naturally into the sur-rounding setting, close to acres of nearby parks and nature trails.
This distinctive design is enhanced by details such as bay windows, gables, brackets, rafters, trellises and board-and-batten siding; three distinctive exterior colour schemes give the homes individuality.
The location offers easy access to major commuter routes, shopping, services and schools.
The Morgan Crossing lifestyle centre and the big-box stores and coffee shops of Grandview Corners are within easy walking distance. White Rock, with its scenic beach-es and unique boutique dining and shopping, is only 10 minutes away.
Crescent Beach, a little smaller and quieter but just as beautiful, is also only five to 10 minutes away. Existing schools will soon be joined by both a new elementary and high school, which are now in the planning stage.
Enclave is attracting a wide range of buyers, notes Mark Manuel, Enclave sales manager.
“We are seeing a lot of young couples buying into the project, most of them professionals plan-ning on starting a family,” he says.
“On the other end of the scale, we have empty nesters who ap-preciate the convenience of the location and the ability to lock and go.”
The uniqueness of the project continues in the interior with 15 different floor plans to choose from, ranging from two-bedroom homes to spacious, family sized four-bedroom end homes; three different interior colour schemes are offered.
Floor plans have been designed to efficiently use space and maxi-mize value. Overheight nine-foot ceilings throughout the main floor give a feeling of openness and grandeur and, coupled with stylish laminate wood and tile flooring, create a feeling of elegance.
Citimark’s Enclave offers brand-new town-homes to prospective new homebuyers in a fantastic South Surrey location. There are more than 15 floorplans to choose from, ranging from two-bedroom homes to spacious, family sized four-bed-room homes.‘We are seeing a lot of young couples buying into the project, most of them professionals planning on starting a family,” says Enclave sales manager Mark Manuel.‘On the other end of the scale, we have empty-nesters who appreciate the convenience of the location and the ability to lock and go.”Rob Newell photos
New homes in a fabulous location
CONTINUED ON P.10
New Local Home | July 15, 2010 • 9
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10 • New Local Home | July 15, 2010
South Surrey living
Durable tile flooring completes the kitchen and adjacent family room or nook, while an eco-friendly Energy Star Deluxe Whirlpool stainless steel appliance package is stylish and sustainable. Solid wood shaker-style kitchen cabinets, distinctive stainless steel finish pulls, granite counter-tops, a full-height tile backsplash and double-basin stainless steel sink add to this carefully designed space.
All homes feature at least two full bathrooms. The private and well-appointed master ensuite bathrooms feature radiant in-floor heat – wel-come on winter mornings – as well as granite countertops and under-mount sinks.
“I think what makes this project very special is the high-end finishes that are basic to every townhome,” says Manuel.
Full-height fireplace surrounds are pre-wired – cable, power and component cable conduit – for easy and sleek installation of flat screen TVs and all related systems.
Environmentally friendly features include the Energy Star appliances, dual-flush toilets, low-flow shower heads, low VOC paints, energy-saving light bulbs throughout and exterior light fixtures that reduce light pollution.
Enclave homes are priced from $349,900. Visit www.citimark.ca.
All Enclave homes have at least two full bathrooms. Overheight, nine-foot ceilings on the main floor add to the feeling of airy spaciousness. Kitchens come with stainless steel appliances, high-quality cabinetry, a full-height backsplash and granite counter-tops. Master ensuite bathrooms feature in-floor radiant heat; both master and secondary bedrooms are good sizes. Several eco-friendly features, such as Energy Star appli-ances, dual flush toilets and energy-saving light bulbs and light fixtures help make Enclave homes more energy ef-ficient and sustainable.Rob Newell photos
CONTINUED FROM P.8
Find your dream home at Enclave
New Local Home | July 15, 2010 • 11
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North Vancouver
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South SurreyWhite Rock
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SquamishSkye-Soleil-Aqua
Presentation Centre, Unit 3, 1233 Main St.,Squamish. 604-616-1215
Furry Creek-Ocean Crest415- Furry Creek Dr. 604-787-1456
North Vancouver Wedgewood
768 Orwell St. 604-980-2508The Kimpton
210 W. 13th St. 604-988-3020
Vancouver The Mark
1035 Seymour St. 604-687-4353Pacific Spirit
UBC Westbrook Village. 604-221-8878 604-264-6477
James289 W. 2nd Avenue. 604-275-1000
Spice on RobsonNicola and Robson streets. 604-683-5555
BurnabyJewel II
6130 Wilson Avenue at Beresford. 604-456-0688Motif at Citi
4400 Buchanon St. 604-298-8800Adera - Green
7438 Byrnepark Walk. 604-439-8858Perspectives
4710 Lougheed Hwy. 604-294-4995
CoquitlamLevo
Pinetree Way & Northern Ave. 604-464-5856The Foothills
Burke Mountain, 3381 David Ave. 604-944-3188
Tatton1240 Holtby, Coquitlam. 604-552-2220
Larkin House (East)1456 Avondale St. 604-461-7113
Belmont1456 Avondale St. 604-461-7113
Sterling3412 Wilkie Ave.
Larkin House1131 Pipeline Road. 604-552-1113
Port CoquitlamPearl
2343 Atkins Ave. 604-308-0227The Shaughnessy (on Lions Park)
2950 Glen Dr. 604-461-2750
RichmondRiver Green
5111 Hollybridge Way. 604-233-2633Mezzo
7373 Turnill St. 604-725-1250Emerald
7180 No. 3 Rd. 604-244-8333Hamilton Station
22788 Westminster Hwy. 604-279-8866Wishing Tree
Alexander Gardens. 604-871-4296Cambridge Park
9191 Odlin Rd. 778-297-7511Saffron
180-8360 Granville Ave. 604-270-2482
South Surrey-White RockHighland Park
160th & 24 Ave. 604-542-8995Glenmore at Morgan Heights
161A St. & 24 Ave. 604-542-8863Wills Creek
160th & 32 Ave. 604-542-6200Kaleden
2729-158 Street. 604-541-4246
Morgan Heights26th Ave & 164th St. 604-531-1111, 604-420-4200
Cathedral Grove2738-158th Street. 604-541-7383
SouthPort3677-143 St. 604-292-0871
High Street402-2950 King George Hwy. 604-536-9333
Summerfield109-172A St. 604-536-1155
Maple Ridge/Pitt Meadows
Brighton at Silver Ridge13851 232 St. 604-270-1889
Duet22977 116 Ave. 604-453-4962
Main Stone Creek10116-241 St. 604-463-5000
New WestminsterVictoria Hill
McBride Ave. 604-523-0733Inter-Urban
Begbie and /columbia St. 604-523-0081Port Royal
Holy Ave. and Salter St. 604-520-9890
DeltaTrend
7445 Scott Road. 604-590-5483South Pointe (at Sunstone)
10527 Modesto Place. 604-584-2908Atria
120 St. and 75A Ave. 604-453-6666
LangleyBedford Landing
23015 Billy Brown Road. 604-888-2176Seasons & Prelude at Milner Heights
208th St & 72nd Ave. 604-539-9484Time at Walnut Grove
9525-204 Street. 604-694-1819
Cornerstone5655 210A Street. 604-534-6000
High Point Equestrian Estates20048 2nd Ave. 604-531-1111
SurreyAugusta Walk / Woods at Provinceton
18199 70th Ave, 778-571-1088Hazelwood Estates
7881 164A Street. 604-657-5220Knoll
7348 192A Street, Surrey. 604-574-0001Quattro
114-10768 Whalley Blvd. 604-581-8000Ultra
105-13339 102 Ave. 604-588-6999Taylor
1-8767162 St. 604-584-1114
On Tour
Cressey offers brand-new Vancouver homes at James, in the emerging, sustainable neighbourhood of southeast False Creek. All James homeowners will have access to an amazing rooftop outdoor facility that includes community garden plots and UP Lounge.
A mere 90-minute drive from downtown Vancouver brings you to The Cottages. It feels like a world apart. Steps from peaceful and pristine Cultus Lake, surrounded by breathtaking mountains and lush green forests, with the great outdoors right at your doorstep. But this isn’t your grandfather’s rustic idea of a cottage – these luxurious family cottages are styled your way, with all the features and finishes you could hope for and large private porches and decks providing plenty of space for family and friends to gather and enjoy BC living at its best. And as if that wasn’t enough, the 10,000 sq. ft. clubhouse with pools offering all the amenities of a first-class resort.
1.877.888.4950CultusLakeCottages.com
Discovery Centre & Display CottagesOpen daily from 12 noon to 5pm except Wednesday1777 Columbia Valley Rd. Lindell Beach, BC
