Phase 2 Ready for New Homes at The Ridge in Courtenay

Posted on Sep 30, 2017

Construction on new homes in Phase 2 of The Ridge will be underway this month. This phase consists of 43 lots, with some featuring stunning views of the ocean and of the surrounding mountains.

The developers plan to add an additional 100 lots in the next phase, which will to come onto the market in the summer of 2018. All of these lots will include zoning for a secondary suite.

The Ridge is a new sustainable residential community in South Courtenay and is a picture-perfect location for building a new home in the Comox Valley on Vancouver Island.

Contact The Ridge to register as a “prospective client” for more information on their new residential lots for sale that will be available in 2018.

Phone: Bruce Clapham 250.650.8588
Website: theridgebc.com
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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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The Ridge is Building New Ocean and Mountain View Lots on Vancouver Island

Posted on Apr 23, 2017

Ocean and mountain view building lots for Phase II of The Ridge in Courtenay on Vancouver Island are currently being developed.

With Phase I home construction nearing completion, and many new residents already living at The Ridge, Phase II lots are being prepared to meet the growing demand in this popular community. These new home lots are expected to be available in the summer of 2017. Reserve your lot now, and move into this new home development by the end of 2017 or the spring of 2018.

A few of the home sites at The Ridge are zoned for legal secondary suites or carriage homes, allowing for plenty of room for guests and extended family to visit, or to stay.

Along with the construction of homes, Phase I saw the development of parks, playing fields and playgrounds in the community as well as easy access to walking trails, Millard Creek Park and the ocean. And all of the amenities of the City of Courtenay and the Comox Valley are at your doorstep.

Contact the developer today to learn more about building your new custom home at The Ridge.

Contact: Bruce Clapham
Mobile: 250.650.8588
Email: theridge.bruce@mail.com
Web: TheRidgeBC.com
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Low Lot Inventory Spurs on Higher Prices for New Single Family Homes

Posted on Apr 19, 2017

We have seen unprecedented frenetic activity in the new home market during the past year, due mostly to the low inventory of new lots in both the Comox Valley, the Comox Valley Regional District and Campbell River.

New subdivisions are being designed and plans are being submitted to the various municipalities for approval. Builders, eager to build new homes for clients are contacting developers directly to get their names on reserved lists for when the properties are registered.

Lot prices in the Comox Valley and the Campbell River area have risen substantially due to the shortage of lots. Prices in Campbell River range from approximately $90,000 to $200,000; the higher prices account for lots that feature ocean views or are larger in size. Prices in the Comox Valley range from approximately $140,000 to $225,000. These prices are the average price range of lots and there are some lots that may be a little less expensive and some that are more expensive, based on location and size of lots.

One trend we are seeing during the past year is the popularity of lots zoned to include secondary suites, also known as in-law suites or legal suites. Lots that are zoned to accommodate this type of home, is typically selling for about $20,000 to $30,000 more than the lot zoned to allow for the construction of a single-family home.

Different municipalities track secondary suites in a variety of ways. For example, if a lot is zoned to allow for a secondary suite, then it is usually not reported in the building permit statistics, only the value of the home is reported. However, if someone is adding a secondary suite, once the home is built, or the owner is required to report it to the municipality, then that information is released.

Our research shows an approximate 40 per cent increase in the creation of secondary suites in the Comox Valley and in the Campbell River region in 2017 compared 2016.

Both communities continue to show an increase in the average sales price. For March, 2017 the average price was up 18 per cent to $465,892. Campbell River was very similar with a 19 per cent increase to $399,456.

The vacancy rate in the Vancouver Island rental market is at a record low level and this is certainly the case for Campbell River and the Comox Valley. This fact is pushing rents up and is forcing more buyers into the market. In some cases, it is cheaper to own than it is to rent. There are still some older, less expensive condominiums to be found, around the $130,000 to $150,000 range if someone is looking to invest in the market.

Clarice Coty is the editor of Building Links.
Contact: clarice@buildinglinks.ca
or find Building Links on Facebook

Originally printed in Business Vancouver Island, April 2017 Edition.

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Back Yards are Blooming at The Ridge on Vancouver Island

Posted on Apr 12, 2017

Spring comes quickly to Vancouver Island, and with it the spectrum of colour that fills gardens and planter boxes. Rhododendrons and Azaleas thrive in the mild West Coast climate and are blooming shortly after the spring daffodils and tulips make their appearance.

While the Island is green year round, spring gardens burst into bloom earlier here than anywhere else in Canada!  With large yards at The Ridge subdivision, gardeners can plant flowers, shrubs and trees to their heart’s content. Design your landscaping to showcase year-round colour, and still make it as low maintenance as you wish.

The Ridge community has 20 new homes under construction in  Phase I and preparing lots for Phase II. With new residents already enjoying their spacious properties, contact us to learn more about building your new custom home at The Ridge.

Contact: Bruce Clapham
Mobile: 250.650.8588
Email: theridge.bruce@mail.com
Web: TheRidgeBC.com
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Phase 1 Nearing Completion at The Ridge. New Lots Coming Summer 2017

Posted on Mar 24, 2017

The Ridge in Courtenay is a busy place these days with 20 new home custom homes now under construction by preferred builders Brando Construction and Lawmar Contracting. Several of these new homes will have legal suites or carriage homes, allowing for mortgage helpers or room for extended family.

With Phase I wrapping up, and many new residents already living at The Ridge, Phase II lots are being prepared to meet the demand. The mountain and ocean view lots expected to be available in June or July of 2017.

Along with the construction of homes, Phase I saw the development of parks, playing fields and playgrounds in the community. With easy access to walking trails and open spaces, all of these green spaces provide residents with places to play.

Contact: Bruce Clapham
Mobile: 250.650.8588
Email:theridge.bruce@mail.com
Web: TheRidgeBC.com
Follow them on Facebook

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