BURNABY / NEW WESTMINSTER Jul 3, 2015 Real Estate Weekly
8
REAL ESTATE WEEKLY BURNABY NEW WESTMINSTER FRIDAY, JULY 3, 2015 info@rew.ca • 604-435-7977 GO TO REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE British Columbians Embracing Cabin Getaways: Re/Max What to Consider When Buying a Family Home Population Growth, Ripple Effect Driving Fraser Valley Market PHOTOS COURTESY OF HGTV B ritish Columbia is blessed with endless natural beauty but not nearly enough summer! What is more Canadiana than heading to the cabin, chalet or cottage – whatever you call your weekend getaway – for some R&R? REW reached out to Tommy Smythe, co-host on HGTV’s Sarah’s Rental Cottage series, for some inspiration on turning a rustic space into a fabulous one. The interior designer and frequent TV guest and host, along with Sarah Richardson, recently transformed an Ontario 1950s cabin into the gorgeous showstopper you see in these photos. Smythe says it’s possible to duplicate many of the furnishings and renovations affordably while still being stylish. One of his signature design tips is to look right outside the door of your mountain or waterfront cabin and take your colour palette cues from there. “Look out the window; perhaps it’s the smokey blue or lake green of the water, or the colours of the trees and flowers on your property,” he adds. “Mother Nature gives you all you need.” Smythe’s Top Style Tips for Cottages and Cabins • Remember your retreat is about relaxed living. Washable slipcovers, painted finishes and simple shapes allow people to live with style and ease. • Add sweat equity to add personality to your cottage. “We took a tree stump to create a side table,” says Smythe. “We also made a lamp out of a birch log. You can buy a wiring kit from a hardware store and in minutes you have a unique lamp.” • If you have an older cabin with original elements, such as worn woodwork, wood floors, high ceilings and wrap- around decks, these are what keep the character alive. Perhaps all they need is a little tender loving care or a fresh coat of paint. • Use lots of locally relevant elements. “If I’m at a seaside cottage, I want to see driftwood and shells. At the lake I want fishing rods, braided rugs and twig furniture. If I’m in the woods, I want to see antlers, headboards of indigenous wood and birch bark … I want visual cues to tell me exactly where I am.” • Salvage pieces add nostalgia to the bathroom. Head out for a day to explore salvage yards, antique stores or church flea markets and try to locate pedestal sinks, claw-foot tubs and vintage light fixtures. Combine vintage and new; this is all about pulling together what you love. • Decorate your walls with an antique map. That way your guests have an idea of the area if they want to go out to explore. A vintage rug and other local mementoes also give your walls individuality. • Use an old ladder for guest blankets or towels. Rethink how you use things you already have … Smythe can’t stress that enough. • The cabin is where you can be whimsical, so go for the crazy loud mugs or the out- there wild dishes. “It’s where you can indulge in a little eccentric fun.” • Baskets are a cabin staple, used to store dried goods, beach towels or anything else that is cluttering your haven. • Finally, don’t forget your outdoor space. This is where we often spends most of our time. Think about putting in a fire pit with lots of seating or a hot tub. “Every getaway should have a destination,” Smythe adds. “It could be the dock where you’ve placed a table, set with hand painted dishes you found at the local flea market, candles and comfy chairs for a special dinner … Imagine dining with the waves lapping at the shoreline – priceless memories are made.” Create the Perfect Summer Vacation Cabin Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most up to date information on the real estate market, price, financing and comparative properties in your area. Find your EXPERT Real Estate professional right here in REW.ca!
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Since 1978 Real Estate Weekly has been synonymous with outstanding coverage of the Greater Vancouver residential real estate market. Today, published with recycled newsprint from its own high-speed presses in Vancouver, Real Estate Weekly is delivered by British Columbia's largest courier force to over 450,000 homes across the Lower Mainland. A total of 11 separate editions comprise the Real Estate Weekly, each featuring homes for sale, new developments and quality editorial coverage of the housing industry and the communities. Real Estate Weekly, quite simply, lists more homes for sale from more Realtors than any other publication in British Columbia. Real Estate Weekly is the number one source for Lower Mainland residential real estate and the first choice of both homebuyers and Realtors for more than three decades.
Transcript of BURNABY / NEW WESTMINSTER Jul 3, 2015 Real Estate Weekly
R E A L E S T A T E W E E K L Y
BURNABY NEW WESTMINSTER FRIDAY, JULY 3, [email protected] • 604-435-7977
GO TOREW.CA /NEWS
TO READ THESE STORIESAND MUCH MORE REAL ESTATE
NEWS AND ADVICE
British Columbians Embracing Cabin Getaways:
Re/Max
What to Consider When Buying
a Family Home
Population Growth, Ripple Effect Driving Fraser Valley Market
PHO
TOS
COU
RTES
Y O
F H
GTV
British Columbia is blessed with endless natural beauty but not nearly enough summer! What is
more Canadiana than heading to the cabin, chalet or cottage – whatever you call your weekend getaway – for some R&R?
REW reached out to Tommy Smythe, co-host on HGTV’s Sarah’s Rental Cottageseries, for some inspiration on turning a rustic space into a fabulous one. The interior designer and frequent TV guest and host, along with Sarah Richardson, recently transformed an Ontario 1950s cabin into the gorgeous showstopper you see in these photos.
Smythe says it’s possible to duplicate many of the furnishings and renovations aff ordably while still being stylish. One of his signature design tips is to look right outside the door of your mountain or waterfront cabin and take your colour palette cues from there.
“Look out the window; perhaps it’s the smokey blue or lake green of the water, or the colours of the trees and fl owers on your property,” he adds. “Mother Nature gives you all you need.”
Smythe’s Top Style Tips for
Cottages and Cabins
• Remember your retreat is about relaxed living. Washable slipcovers, painted fi nishes and simple shapes allow people to live with style and ease.
• Add sweat equity to add personality to your cottage. “We took a tree stump to create a side table,” says Smythe. “We also made a lamp out of a birch log. You can buy a wiring kit from a hardware store and in minutes you have a unique lamp.”
• If you have an older cabin with original elements, such as worn woodwork,
wood fl oors, high ceilings and wrap-around decks, these are what keep the character alive. Perhaps all they need is a little tender loving care or a fresh coat of paint.
• Use lots of locally relevant elements. “If I’m at a seaside cottage, I want to see driftwood and shells. At the lake I want fi shing rods, braided rugs and twig furniture. If I’m in the woods, I want to see antlers, headboards of indigenous wood and birch bark … I want visual cues to tell me exactly where I am.”
• Salvage pieces add nostalgia to the bathroom. Head out for a day to explore salvage yards, antique stores or church fl ea markets and try to locate pedestal sinks, claw-foot tubs and vintage light fi xtures. Combine vintage and new; this is all about pulling together what you love.
• Decorate your walls with an antique map. That way your guests have an idea of the area if they want to go out to explore. A vintage rug and other local mementoes also give your walls individuality.
• Use an old ladder for guest blankets or towels. Rethink how you use things you already have … Smythe can’t stress that enough.
• The cabin is where you can be whimsical, so go for the crazy loud mugs or the out-there wild dishes. “It’s where you can indulge in a little eccentric fun.”
• Baskets are a cabin staple, used to store dried goods, beach towels or anything else that is cluttering your haven.
• Finally, don’t forget your outdoor space. This is where we often spends most of our time. Think about putting in a fi re pit with lots of seating or a hot tub.“Every getaway should have a
destination,” Smythe adds. “It could be the dock where you’ve placed a table, set with hand painted dishes you found at the local fl ea market, candles and comfy chairs for a special dinner … Imagine dining with the waves lapping at the shoreline – priceless memories are made.”
Create the Perfect Summer Vacation Cabin
Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most
up to date information on the real estate market, price, fi nancing and comparative
properties in your area.
Find your EXPERT Real Estate professional right here in REW.ca!
•2 REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY JULY 3, 2015
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•4 REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY JULY 3, 2015
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R E A L E S T A T E W E E K L Y
I n P r i n t > O n l i n e > I t ’ s A l l H e r e
Investment in BC new housing construc-tion was up 18.2 per cent year over year to more than $739 million in April, according to Statistics Canada data released June 22.
Growth in duplex construc-tion led the growth again this month, up 28.7 per cent com-pared with April 2014, fol-lowed by single-family homes, which rose 18.2 per cent year over year.
The growth in townhome investment in the province slipped slightly but was still high at 17.3 per cent year over year.
Having started to pick up last month, BC’s annual growth in new condo apartment invest-ment rocketed to 17.3 per cent year over year.
The province’s overall annu-al housing investment growth
was the second highest in Canada, after the Northwest Territories, which posted a 48 per cent year-over-year increase.
Across Canada, the $3.89 billion new housing invest-ment was an annual increase of a much more modest 2.3 per cent, due to signifi cant declines in some provinces and territories.
Nationwide, apartment buildings emerged as the biggest driver of investment growth, rising 7.9 per cent compared with last April, while investment in single-family homes fell by 1.8 cent com-pared with April 2014.
Earlier in June, Statistics Canada reported that the prices of newly built hous-ing in the Vancouver Census Metropolitan Area (CMA) rose both year over year and month over month in April.
New homes prices in the CMA rose by 0.4 per cent year over year, causing the price of new homes across BC to increase
0.3 per cent compared with last April.
Vancouver also saw a rise in the new housing price index compared with March, increas-ing 0.6 per cent month over month. The seemingly modest increase is the CMA’s highest monthly rise in new housing prices since early 2010. This pushed up the price of new homes in the province as a whole by 0.5 per cent month over month.
Well-known Vancouver condo developer Bob Rennie recently told REW.ca that the reason for the discrepancy
between new home and MLS resale prices comes down to timing. The price paid for a new home is only measured when the transaction is com-pleted and registered with the Land Registry, rather than when the home is purchased off-plan. Because of long lead times on home construction, the new home prices regis-tered today are those homes sold many months or even years ago – whereas MLS home prices are much more up to date.
“It’s like comparing apples and watermelons,” said
Rennie.In April, Victoria’s new home
price index continued its slide, dropping 1.5 per cent year over year and 0.2 compared with March.
Of all the metropolitan areas surveyed, Hamilton, Ontario again recorded the largest annual increase in April, with prices up 3 per cent compared with the same month last year.
Nationwide, April’s new housing price index increased 1.1 per cent year over year, and just 0.1 per cent compared with the previous month.
INVESTMENT IN BC NEW HOME CONSTRUCTION UP 18.2%: STATCAN
