Daily Informative Updates on
New Residential Real Estate & Construction News
for Vancouver Island Communities
Nov 29, 2018
There are a few new, pre-built homes for sale in Phase 2 at The Ridge in South Courtenay - one of the most scenic neighbourhoods in the Comox Valley. New homes have been selling very quickly in this sought after neighbourhood, thanks in large part to the amazing views, the tranquility of the area and the close proximity to amenities in the Comox Valley. Three of The Ridge's preferred builders currently have homes for sale in Phase 2: Lawmar Contracting, Brando Construction and Candor Developments. Grand Legacy Builders has one lot left in Phase 2 on which to build a new home.
All of the preferred builders carry third-party home warranty insurance on all new homes built. This includes two years on labour and materials, five years on the building envelope, including water penetration and 10 years on the structure of the homes. British Columbia carries one of the strongest construction insurance coverages in Canada for new homes.
Preferred builders at The Ridge bring many years of experience to their work. This, combined with the New Home Warranty Insurance, gives buyers peace of mind when buying a new home at The Ridge.
Additional new homes will be coming to this beautiful housing development in mid-December as the road works and utilities will be fully installed on Phase 3, allowing for 43 more new homes to be built.
For more information: Bruce Clapham at 250.650.8588
Nov 18, 2018
The new housing development at The Ridge in South Courtenay on Vancouver Island continues to grow as they now have Phase 3 under construction. Paving and street lighting installation is expected to be completed this month, and registration on the 48 residential lots in Phase 3A will be completed by mid December enabling construction to begin on new homes.
The zoning at The Ridge allows for secondary suites to be built in all single-family homes, which has allowed families to build in-law suites, nanny-suites and mortgage-helper rentals. These building lots feature views of the Comox Glacier, the surrounding and mainland mountains and ocean views of Comox Bay. Over 100 new homes have been built in Phases I and 2 and more homes are under construction.
At The Ridge, you can choose to work with one their preferred new home builders to build your home, or bring your own builder. Once you choose your residential lot and your builder, you are on your way to being welcomed by your fellow residents in this friendly neighbourhood. You'll enjoy living in this quiet part of the Comox Valley, close to the beach, walking trails and Courtenay city centre. Located in South Courtenay, on Vancouver Island, The Ridge is a welcoming neighbourhood close to everything in the Comox Valley.
Interested in finding out more about this beautiful part of Vancouver Island? Contact the developer to register as a “prospective client” and receive up-to-date information on the new residential lots for sale in Phase 3 at The Ridge.
For more information: Bruce Clapham at 250.650.8588
Nov 15, 2018
This month book an appointment with Budget Blinds of Comox Valley, Campbell River and the North Island by Nov. 21 and get some help for the holidays in the form of a Visa gift card of up to $500 with your purchase.
Enjoy a fresh new look for the holidays with updated window coverings and earn $50 back for every $1,000 you spend.
Budget Blinds offers free in-home consultations to help you get the best products for your home. Enjoy design help, accurate measuring and professional installation to create your fresh new look in time for the holidays. Whether it’s new blinds, sheers, shutters or curtains you’re looking for, Budget Blinds of the Comox Valley offers the best selection and service, at the best price.
Serving North Island communities including the Comox Valley, Campbell River, and beyond, contact them today to learn more.
Visit the showroom at 8 - 2663 Kilpatrick Avenue in Courtenay, call 250.338.8564 or request a free in-home consultation online.
Nov 14, 2018
Nov 05, 2018
According to the Vancouver Island Real Estate Board’s (VIREB) October Statistics, sales of single-family homes from Duncan to Port Hardy were down 16 per cent from October 2017 and up 11 per cent from September 2018. Multiple offers have slowed, and buyers are taking more of a wait-and-see approach.
- Comox Valley: $523,255, +3% from Sept., +2% last Oct., YTD units sold -34%
- Campbell River: $484,033, -10% from Sept., +5% last Oct., YTD units sold -13%
- Port Alberni: $375,482, -12% from Sept., +20% last Oct., YTD units sold -53%
- Parksville/Qualicum: $575,763, +15% from Sept., +10% last Oct., YTD units sold -5%
Decreased demand and stabilizing inventory are helping VIREB’s long-term sellers’ market evolve into one that is more balanced. Inventory of single-family homes in October was up slightly from one year ago (1,175 compared to 1,138) but down eight per cent from September. There were 322 active listings of apartments in October, up seven per cent from 2017 while the supply of townhouses rose by 28 per cent year over year. This year’s housing market is behaving as expected, moderating after the record-setting pace set in 2016 and 2017.
Excerpted from the VIREB Nov. 1, 2018 press release