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

Jan 31, 2011

Four Building Lots Left at Penfield West in Campbell River


Penfield West Vancouver Island Residential Building LotsOnly four premium residential building lots remain at Penfield West in Campbell River.
Penfield West is a well-established, prestigious neighbourhood that contains executive and west-coast contemporary homes. There are only four residential lots left in this desirable Willow Point area of Campbell River. Prices start at $89,800.
The Vancouver Island real estate development of Penfield West is comprised of more than 200 residential lots, some of which offer panoramic views of Campbell River and Georgia Strait.
The one lot available in Phase VII is Lot 23 at 2011 Holm Rd. The three building lots available in Phase IX are Lot 6 at 2012 Varsity Dr, Lot 7 at 2002 Varsity Dr, and Lot 8 at 2001 Varsity Dr.

Jan 27, 2011

Vancouver Island's Crown Isle Resort Recognized for Environmental Excellence


Golf Course Homes Crown IsleThe Crown Isle Resort and Golf Community golf course in Courtenay on Vancouver Island has been designated as a “Certified Audubon Cooperative Sanctuary” through the Audubon Cooperative Sanctuary Program for Golf Courses, an Audubon International program.
Crown Isle Resort and Residential Community is the 9th golf course in British Columbia and the 813th in the world to receive the honour.
“Crown Isle Resort and Community has shown a strong commitment to its environmental program.  They are to be commended for their efforts to provide a sanctuary for wildlife on the golf course property,” said Jim Sluiter, Staff Ecologist for the Audubon Cooperative Sanctuary Programs.
“To reach certification, a course must demonstrate that they are maintaining a high degree of environmental quality in a number of areas,” explained Sluiter.  These categories include: Environmental Planning, Wildlife & Habitat Management, Outreach and Education, Chemical Use Reduction and Safety, Water Conservation, and Water Quality Management.
The Golf Course, resort and surrounding Vancouver Island Real Estate Development will all benefit from the green approach the development has taken to creating a sustainable community.

For more information on golf and the environment, visit www.golfandenvironment.org.  

Jan 26, 2011

Phase1 Now Complete on Vancouver Island Vacation Homes, The Maples at Sproat Lake

New Vancovuer Island real estate vacation homes Sproat LakeConstruction on the first phase of Vancouver Island vacation homes The Maples at Sproat Lake is now complete, and the foundation has been poured for Phase 2 of this new real estate development. Located west of Port Alberni on Sproat Lake, The Maples vacation homes will eventually be a Vancouver Island waterfront community comprised of 24 new strata homes on five lakefront acres. Featuring a large sandy beach and a 2100 square foot dock, the development is ideal for families. Each unit will be designed to take advantage of the views and the forested surroundings, and will feature West Coast contemporary style architecture. For more information about the project visit their website.

Jan 24, 2011

2011 Vancouver Island Real Estate Forum Presentations Now On-Line

Vancouver Island Real Estate Forum KeyNote SpeakerA sold out audience attended the 2011 1stView Vancouver Island Real Estate Forecasting Forum at Courtenay’s Filberg Centre on Jan. 20.
Presentations from leading industry experts informed the audience about upcoming real estate and construction trends, as well as Comox Valley development news.
Mount Washington Alpine Resort President Peter Gibson presented updates from the ski resort and Lee Rome of the BC Construction Association spoke about the future of the industry and the demand for trades people.
The CMHC’s Travis Archibald presented a housing market update, and Coast Realty’s Marty Douglas detailed Comox Valley and Campbell River real estate numbers.
Keynote Speaker Cameron Muir, chief economist of the BC Real Estate Association, addressed the BC Housing outlook, with a focus on Vancouver Island.
All of the presentations are now available for viewing at www.1stView.ca

Jan 12, 2011

New Home Construction Boom in Greater Victoria


Kettle Creek Station New Homes in LangfordGreater Victoria housing starts more than doubled in 2010 compared to 2009 and analysts are predicting similar numbers of new Vancouver Island homes starting this year.
Housing starts slid to 1,034 in 2009, but surged to 2,118 by the end of 2010, beating the 10-year average of 1,800, Travis Archibald, senior market analyst for Canada Mortgage and Housing Corp, told the Victoria Times Colonist.
This year and next are expected to deliver new Vancouver Island homes in the form of multi-family projects, many in Victoria’s Western Communities. Potential buyers are often local, seeking a lower price point, Archibald said.
Langford has been a magnet for development, largely because of lower land prices. Developers tuned into the housing market are putting up single-family homes on small lots, creating a product that is more affordable than in some other parts of the region.
Kettle Creek Station in Langford has been a very popular example of smaller homes and lower price points. Nestled between Langford Lake and Goldstream Provincial Park, at Kettle Creek Station, new custom homes are available starting from $269,000. Prices include net HST, appliance packages, granite countertops and no strata feesKettle Creek Station offers 8 different floor plans with 6 plans under $400,000. 

Jan 11, 2011

1stView and Building Links Host 5th Annual Economic Forecasting Forum Jan. 20, 2011


Clarice CotyBuilding Links and 1stView are hosting their 5th annual Economic Forecasting Forum Thursday, Jan. 20, 2011 at Courtenay’s Florence Filberg Centre. This year the perennially sold out event will feature keynote speaker Cameron Muir, Chief Economist of the BC Real Estate Association.
“We are excited to bring high profile industry experts to the Comox Valley,” said host Clarice Coty. “With construction and real estate in the region on the upswing, it is an opportunity for attendees to get the inside scoop on trends in residential development for 2011.”
Discussing the “Outlook for Real Estate in BC in 2011,” Muir and his fellow speakers will review data and supply new forecasts for the real estate and construction industries.
Other guest speakers include Travis Archibald, the Senior Market Analyst at Canadian Mortgage and Housing Corporation, Peter Gibson, president of Mount Washington Alpine Resort, and Marty Douglas, Managing Broker of Coast Realty Group (Comox Valley) Ltd.
The Forum will be held Thursday Jan. 20, 2011. Networking time is offered from 3:30-5:30, dinner from 5:45-6:45, followed by presentations from 6:45-9:15. Tickets are $59 incl. HST, and are available online at www.1stView.ca.
This event has sold out in its first four years, so purchase your tickets early reserve your place at this exciting and informative event.

For more information call 250-338-5466 or email clarice@1stview.ca.

This event is sponsored by Presley & Partners and Jackson & Associates

Jan 11, 2011

Crown Isle Sees More New Home Construction


New Homes at Crown IsleBuilders are busy at Crown Isle in Courtenay, as new homes are going up in the Vancouver Island golf community.
The future is looking bright, Jason Andrew, director of real estate at Crown Isle, recently told the Comox Valley Echo.
"Within Crown Isle we have nine different builders working here right now," he said.
"We were a little worried that the apprehension around HST would put a hindrance on new construction this year but in the last eight months we've seen more homes built than in the 12 months prior."
With the recession over and more jobs generated through government stimulus, buyers are looking to invest in new homes. Sales are slow this winter, but activity is expected to pick-up in the spring and builders want to be ready for it, Andrew said.
Courtenay has seen the value of building permits for residential homes rise between January and December from $18.3 million in 2009 to $24 million in 2010. Numbers still lag behind the construction boom of 2007, which saw residential permit value reach $50.4 million.

Vancouver Island real estate is just one click away, find your perfect property at 1stView.ca

Contact 1stView.ca

Office Phone: 250-338-5466

Courtenay, British Columbia