My latest luxury listing in an incredible half duplex style executive town home at Quilchena Golf & Countrey club. Take a look at the photos on the Luxury portfolio website.http://www.luxuryportfolio.com/property/richmond/luxury_at_quilchena_golf_and_country_club.cfm

I just attended another seminar on BC Strata Law and some changes that could be coming in the next 3 to 5 years. Now that depreciation reports are law the government intends to make it a lot easier for Strata Corporations to pass special levy's to replace major components of a building -- things like balconies, siding, windows, roofs etc. The current law requires a 75% vote to get a resolution like a special levy approved. Look for this requirement to be lowered to only a majority vote in the future. The goal is to make it much easier for Strata Corps to approve the financing for building maintenance and be much more pro-active on repairs and upgrades.

Real Estate Goes Global by James Surowiecki May 26, 2014 The most expensive housing market in North America is not where you’d think. It’s not New York City or Orange County, California, but Vancouver, British Columbia. Now, Vancouver is a beautiful city—a thriving deep-water port, a popular site for TV and movie shoots. By all accounts, it is a wonderful place to live. But nothing about its economy explains why—in a city where the median income is only around seventy grand—single-family houses now sell for close to a million dollars apiece and ordinary condos go for five or six hundred thousand dollars. “If you look at per-capita incomes, we look like Reno or Nashville,” Andy Yan, an urban planner at the Vancouver-based firm Bing Thom ...

I just finished uploading this Townhouse for sale, 1 3591 GRANVILLE Ave, Richmond, British ColumbiaLuxurious duplex style townhouse in the prestigious Sherwood at Quilchena Golf & Country club. Loaded with Shaughnessy style and quality. This 2400sq ft home is truly one of a kind and features many luxury upgrades including an incredible 3rd floor media room with remote control skylight and lighting. American cherry hardwood flooring on main. Kitchen features granite counters Viking cooktop with griddle double ovens & hood fan. wine fridge and filtered water system. Living room features custom fireplace & tray lighting. Spacious dining room with coffered ceilings. Large master bedroom with custom fireplace. Private outdoor patio and wrap ...

I just finished uploading this Townhouse for sale, 15 10177 PUGWASH Place, Richmond, British ColumbiaSeldom available townhome in the desirable Sunrise Park complex. This 2 leveL 3 bedroom T/H boasts over 1500 sq ft. Large kitchen and eating area with new dishwasher and fridge. Generous size living and dining room will accommodate all your furniture. Sliding glass door to your private backyard with storage shed. House size master bedroom with walk-in closet full sized laundry room that can accommodate a freezer and plenty of extra storage. Forced air natural gas furnace was replaced 7 years ago. Well maintained complex with only 21 units. The low monthly maintenance fee includes City of Richmond utility tax. Great location, close to Di ...

Right now, in the province of BC there are over 2500 Strata Corporations that are over 45 years of age. Many of these condo and townhouse developments are sitting on large parcels of land in grade A locations. Sometimes a developer will come in and offer to buy out or liquidate an entire Strata and offer a premium price if all the owners agree to sell. The problem is that it takes a 100% unanimous vote by all the owners to approve such a sale. That's a tall order and the reason why very few Strata larger than a duplex or triples ever get liquidated. According to Tony Giovent, the president of the BC Home Owners Association, this Strata law requiring a unanimous vote may change in the near future and only require a vote of 85% to 90 ...

When writing an offer on a property in BC we use what is called a Contract of Purchase and Sale. Your offer will contain 5 important elements: The price, the deposit amount, (5% of the purchase amount is standard), subject conditions, dates and finally inclusions and exclusions. In other words what is included in the sale price, for example all the appliances, and what is not, like an antique chandelier.   If you want to voice your opinion or get in touch with Owen, please email owen@owenbigland.com and visit http://www.owenbigland.com for all his Inside Edge Real Estate video blogs.