Daily Informative Updates on
New Residential Real Estate & Construction News
for Vancouver Island Communities

Jun 27, 2020

Find Your New Home At The Ridge in Courtenay, B.C.

The Ridge new home development on Vancouver Island offers new residents an opportunity to enjoy the supernatural beauty of Vancouver Island just steps from their front door. 

Located just minutes from the heart of Courtenay on Vancouver Island, BC, The Ridge is a residential community, offering building lots and new homes for sale. Phases 1 and 2 have sold out and more than 125 new homes have been built. New residents from BC, Alberta and beyond are thoroughly enjoying living at The Ridge.

The preferred builders at The Ridge currently have many new homes to choose from in Courtenay, B.C. Brando Construction is one of the original builders working in this community. They have built more than 60 homes in The Ridge and currently have the following homes for sale:

4088 Chancellor Crescent, Courtenay, BC

Impressive ocean and mountain views are stunning from this 2,675 sq. ft., 4 bedrooms, 3 bathroom home. This is truly a family-friendly home, offering a great room on the main floor and an additional family room on the upper floor.  This home comes with a two-car garage and it is completely landscaped and ready for occupancy. Price: $799,000

3360 Harbourview Blvd, Courtenay, BC

This 2,159 sq. ft. two-storey home has 3 bedrooms and 3 baths and it has the perfect floorplan for a family. Highlights include a tiled gas fireplace in the great room, quartz countertops throughout the home and all of the kitchen appliances are included in the purchase price. Enjoy your two-car garage and fully landscaped yard, complete with underground sprinklers. This home will be ready for occupancy in July of 2020. Price: 649,900

For more information on these two homes for sale by Brando Construction, contact:
Courtney & Anglin Real Estate Group, REMAX/OCEAN PACIFIC REALTY
Email:info@courtneyanglin.com
Realtor: Bill Anglin Cell: 250.703.6119
Realtor: Michele Courtney Cell: 250-703-1571

Are you interested in building a custom home at The Ridge? Find out more information about available lots and other homes for sale in Phase 3A. 
Contact Bruce Clapham
Phone 250.650.8588 
Email: theridge.bruce@mail.com

 

Jun 26, 2020

Keep Cool This Summer With Help From Budget Blinds on Vancouver Island

Summer is heating up on Vancouver Island and if you’re staying close to home you may have found your indoor spaces getting a little too warm and bright.

Budget Blinds on Vancouver Island is open, with Covid-19 safety protocols in place, and ready to help you find cool comfort with the help of new window coverings.

Whether your new home office needs new shades, or the nursery is too bright at nap time, Budget Blinds has the solution for your unique needs that will match your decor and your budget.

With 3 locations on Vancouver Island Budget Blinds is close wherever you are. Their interior designers can come to you or work with you remotely to select window coverings for any room in your home. They’ll provide professional installation and the entire process is quick and easy!

Enjoy cooler indoor temperatures, protect your furniture and artwork from UV rays and add a stylish touch to your home with the help of Budget Blinds on Vancouver Island.

Call Budget Blinds today at any one of their three Vancouver Island locations:

Cowichan Valley

Call: 250.924.0249

Nanaimo-Oceanside

Call 250.751.8564

North Island - Courtenay

250.338.8564

 

Jun 24, 2020

BC Housing Issues New Home Registry Report

To provide the residential construction industry with more information during COVID 19, BC Housing issued an addendum to their regular registry report.
The province has seen a dramatic drop in new homes registered this year comapred to the same time period in 2019.
In the first five months of 2020, 13,218 new homes and units were registered in B.C., down 28.9% from 2019. The decline has been primarily driven by a decline in multi-unit enrollments.
Multi-unit: In the first five months of 2020, 5,682 new multi-units were enrolled. Compared with the same period in 2019, enrollments declined 45.6%. 2020 has had the lowest number of multi-unit enrollments between January and May since 2010 (5,450).
Purpose-built Rental: 3,639 purpose-built rental units were registered. Compared with the same period in 2019 the number of registered rental units in 2020 have decreased 15.3%, but still represent an increase of 15.4% compared to 2018.
Single Detached: 3,897 new single detached homes were registered. Compared with the same period in 2019, single detached registrations increased 1.3% despite small declines
in April and May.

Jun 17, 2020

The Vancouver Island Real Estate Board Releases Their 2019 Buyer Profile

The Vancouver Island Real Estate Board (VIREB) has released its 2019 Buyer Profile, which provides the data of who, what, and where of residential property purchases made north of Victoria on Vancouver Island.
 
The report is based on the survey responses of 1,378 VIREB home buyers, and includes details such as where they moved from, what they bought, and why they purchased. The report also summarizes home characteristics for VIREB’s overall board area and the various sub-areas within its boundaries. These include Campbell River, Comox Valley, Cowichan Valley, Nanaimo, Parksville-Qualicum, Port Alberni-West Coast, North Island, and the Gulf Islands.
 
According to the press release from VIREB, the 2019 demographic trends are similar to past years. Owner-occupiers continue to be the primary buyers in the VIREB area, with 83 per cent of those who bought last year intending to live in the home. Downsizing accounted for 12 per cent of home sales, while two per cent of purchases were investment properties and recreation homes.
 
Single-family detached homes represented the majority of sales in 2019, at 54 per cent, with apartments accounting for 13 per cent of purchases and townhouses garnering eight per cent of total home sales.
 
Despite a weaker housing market last year, home prices posted gains throughout the VIREB area. In 2019, 20 per cent of homes purchased were under $300,000, 49 per cent were under $450,000, 76 per cent were under $600,000, and nearly 90 per cent sold for under $750,000. Only three per cent of properties in the VIREB area sold for more than $1,000,000.
 
The percentage of first-time buyers in 2019 was 19 per cent in Campbell River, 13 per cent in the Comox Valley, 12 per cent in the Cowichan Valley, 19 per cent in Nanaimo, and 22 per cent in Port Alberni-West Coast. Among the Gulf Islands, first-time buyers accounted for 23 per cent. Just five per cent of purchasers in the Parksville-Qualicum area were first-time buyers, not surprising due to the region’s popularity among retirees. Overall home purchases for retirement purposes came in at 57 per cent, down two per cent from 2018 but virtually the same as in 2016 and 2017.
 
VIREB’s complete 2019 Buyer Profile includes many other insights and is available here on VIREB.com. The accompanying infographic is here.

Jun 12, 2020

New Homes for Sale by Preferred Builders at The Ridge on Vancouver Island

Lawmar Contracting is one of the preferred builders in The Ridge and has been building new homes in the Comox Valley for over 30 years. A family-run business, Lawmar has built more than 35 homes in The Ridge during the past seven years. Currently, they have two new homes for sale.

3368 Harbourview Blvd., Courtenay, BC 

This spacious two-storey home features 2,382 sq. ft. and has 3 bedrooms, 3 bathrooms and a bonus room that can be used as a fourth bedroom. The luxurious ensuite adjacent to the master bedroom includes a large stand-alone soaker tub, separate walk-in shower and double sinks. Plus this home has a covered outdoor patio that you can enjoy all year.

Price: $739,900

3322 Harbourview Blvd., Courtenay, BC 

This home has a main level entry floor plan with a full walk-out basement and features a total of 3,190 sq. ft on both levels. This home for sale will include a separate one-bedroom suite and features ocean and mountain views. The suite can be rented to provide extra income. This home is ready for occupancy and is fully landscaped. 

Price $799,900 

The Ridge in Courtenay on Vancouver Island is one of the best places to buy new real estate for active retirees and for families looking to relocate from an urban centre to a smaller community. The Comox Valley, comprising the communities of Courtenay, Comox and Cumberland is being recognized as a top destination for families of all ages. Located minutes from downtown Courtenay, The Ridge is a welcoming community featuring spectacular mountain and ocean views. There are a variety of trails accessible within The Ridge which include beach and park walks and pathways built within the neighbourhood which many residents enjoy for a morning walk or evening stroll. 

To arrange for a private viewing and to find out more about occupancy dates for these Lawmar homes for sale in Courtenay, contact RE/MAX Ocean Pacific Realtor Tracy Fogtmann at tracy@tracyfogtmann.ca or phone 250.331.1544.

Or, contact the developer regarding available lots and homes in Phase 3A of The Ridge.
Contact Bruce Clapham Phone 250.650.8588
Email: theridge.bruce@mail.com

Jun 03, 2020

Vancouver Island Real Estate Board May 2020 Market Highlights

The Vancouver Island Real Estate Baord has relaeased their market highlights for May 2020. VIREB covers the region of Vancouver Island outside of Victoria and some Gulf Islands. For more details visit vireb.com.

 

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Courtenay, British Columbia
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