Grand Legacy Homes is the Newest Builder at The Ridge in Courtenay

Posted on May 29, 2017

Grand Legacy Homes is the latest builder to start new home construction at The Ridge in Courtenay.

Currently they have a two-storey home for sale under construction, which will have the option of including a secondary suite. This home is 2,650 ft.² in size and is located at 3427 Eagleview Crescent in Courtenay, BC.

Grand Legacy Homes will begin construction on a rancher/bungalow style home in June. This home will be approximately 1,600 ft.² in size.

For more information on these homes for sale at The Ridge please contact:
Wayne Schick at Grand Legacy Homes.
Phone 250-702-2251
Email wayne@grandlegacy.ca

For more information about The Ridge, contact the Developer:
Bruce Clapham
Mobile: 250.650.8588
Email: theridge.bruce@mail.com
Web: TheRidgeBC.com

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Crown Isle Adding More Lots to Meet Unprecedented Demand For New Homes

Posted on May 29, 2017

All of the available building lot inventory within the Crown Isle Community has now been sold or reserved. More opportunities are on the horizon as one subdivision is being completed and there are plans in the works for additional lots to be built. In June of 2017, Hampton Gate, Phase 2 will be completed and currently 5 of the 25 lots remain for sale, with prices starting at $299,900.

Also, preliminary layout approval has been received on 3 more subdivisions. There will be an additional 69 lots in the next phase of The Rise, 67 lots on the extension of Crown Isle Drive and 17 larger estate lots bordering on the 14th, 15th and 16th fairways on the golf course.

Site servicing is scheduled to begin in late summer or early fall of 2017 and registration is expected to be completed late 2017 or early 2018.

Pricing of these lots is to be determined. Please contact the Real Estate team to receive up-to-date information on these new lots in the Crown Isle Resort and Golf Community.

To learn more about real estate options in Crown Isle in Courtenay on Vancouver Island, contact:

Jason Andrew, Director of Sales
Phone: 250.207.0070
Email: jandrew@crownisle.ca

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Residential Construction Booming in the Comox Valley and Campbell River

Posted on May 17, 2017

According to our calculations there has been a dramatic increase in the permits for the residential sector in the Comox Valley and Campbell River regions during the first quarter of 2017.

Single family dwelling starts are up by 57 per cent overall, with the biggest increase occurring in Campbell River which showed a 100 per cent increase in the new homes started this year, compared to the same period last year.

The construction of secondary suites has increased by at least 100 per cent. We know that there are more secondary suites being constructed, however, certain subdivisions already zoned in the Comox Valley do not issue a permit for the suite when building a new home.

The zoning for some subdivisions in Cumberland, Courtenay and Comox have been zoned for secondary suites. The construction of secondary suites will continue to rise, due to the low vacancy rate and the higher cost of real estate.

Total construction values are $45.3 million compared to $37.2 million in 2016, a 24 per cent increase.

According to the most recent Vancouver Island Real Estate Board (VIREB) statistics, inventory of single-family homes declined by 33 per cent from April 2016, with 1,122 active listings available last month compared to 1,694 one year ago.

In April 2017, the benchmark price of a single-family home in the VIREB area was $419,100, up 17.5 per cent from one year ago. Prices increased in every zone, ranging from 13 per cent in Duncan to 22 per cent in Nanaimo. The bench-
mark price of an apartment in April rose 28 per cent board-wide from the previous year, but the highest increase was in Campbell River, at 39 per cent. The townhouse market also strengthened in April, posting a 21 per cent increase board-wide.

The April 2017 benchmark price of a single-family home in the Campbell River area was $335,000, an increase of 18 per cent over April 2016. In the Comox Valley, the benchmark price hit $415,800, up 16 per cent from 2016. Duncan reported a benchmark price of $354,400, an increase of 13 per cent compared to April 2016. Nanaimo’s benchmark price rose 22 per cent to $461,600 while the Parksville-Qualicum area saw its benchmark price increase by 20 per cent to $477,700. The price of a benchmark home in Port Alberni hit $227,400, up 19 per cent from one year ago.

Clarice Coty is the editor of Building Links. Contact: clarice@buildinglinks.ca or find Building Links on Facebook at www.facebook.com/BuildingLinks

Excerpted from the Business Examiner Vancouver Island, May 2017 edition.

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Comox Valley Ranchers and Bungalows Are in High Demand Says Realtor Art Meyers

Posted on May 8, 2017

Comox Valley Realtor Art Meyers has clients actively seeking to buy a rancher/bungalow/patio home style residence. If you are looking to sell, Art Meyers may have a buyer for your Comox Valley home.

With a busy real estate market and limited inventory, an experienced realtor is your best bet to find the home you want in Courtenay, Comox, Cumberland or the surrounding areas.

Realtor Art Meyers brings more than 40 years of experience as a trusted Comox Valley Realtor to all of his clients.

If you are looking to sell your rancher or bungalow-style home in the Comox Valley, contact Art Meyers at Royal LePage in the Comox Valley today:

Email: artmeyers@shaw.ca
Phone: (250) 207-1879
Royal LePage in the Comox Valley
#121 – 750 Comox Road, Courtenay, BC  V9N 3P6

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Homes by Crown Isle is the Custom Home Builder for BC Children’s Lottery Prize Home in Courtenay

Posted on Apr 30, 2017

The new BC Children’s Hospital Home Lottery Show Home in Crown Isle is still open for viewing. The Children’s Hospital Home Lottery is now sold out and the draw is on May 4th. The grand prize winner of the lottery will have the opportunity to choose from a number of Grand Prizes, including this beautiful custom home in the Crown Isle community in Courtenay on Vancouver Island.

This floorplan is known as The Galiano and is a popular rancher/bungalow design which includes 3-bedrooms and 2-bathrooms that feature cozy heated flooring, This particular home, located at 1668 Crown Isle Drive overlooks the 15the fairway of this par-72 championship golf course.

Built by custom builder Homes by Crown Isle, this stunning new home has many features, including: wire-brushed European Oak floors throughout, quartz countertops in the kitchen and bathrooms, a gourmet kitchen with a walk-in pantry, spacious laundry room, a walk-out patio and more.

If you like this floor plan, come by and select from one of their many lots in the Crown Isle Community to build this home, or one of the many other floor plans Homes by Crown Isle offers. They look forward to giving you a tour.

Contact:

Jayson Welsh, VP Construction
Mobile: 250.207.0418
Email: jwelsh@crownisle.ca

Office:  Michelle Bazett
Phone: 250.703.5057
Email: mbazett@crownisle.ca
Website: www.crownislehomes.com

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