Owning

Jan. 13, 2023

Vancouver Empty Home Tax

The City of Vancouver, BC Canada requires that Vancouver homeowners submit a yearly declaration to determine if their property is subject to the Empty Homes Tax. Any properties which are deemed empty or declared empty, will be subject to an empty home tax.

What is the Vancouver Empty Home Tax ...

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Posted in Investing, News, Owning
March 26, 2020

COVID-19 Canadian Deferred Mortgage Payment Plans

Due to the COVID-19 crisis, some homeowners may be able to defer their mortgage payments for up to six months. Contact your lender to see if you qualify.

For more details, contact your lender or visit:

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Posted in Mortgage, News, Owning
Feb. 25, 2020

BC Strata Insurance Issues and Rate Increases

BC Condo Insurance Rates Increase

Strata owners in B.C. should plan for a significant rise in strata insurance premiums and deductibles.

You may have heard by now that strata insurance (the insurance to replace or repair a strata building including the unit you own), has faced challenges recently. There have been significant increases in ...

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Posted in Buying , News, Owning
Jan. 12, 2020

BC Assessments Vs Your Home's Actual Market Value

 

BC home owners have received their new BC Assessment notices in the mail and have mixed reactions. Many Greater Vancouver owners are concerned about the drop in their assessed values.

But don't fret; BC assessed values are not related to what your home is currently worth in today ...

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Posted in News, Owning, Selling
Dec. 8, 2019

Vancouver BC Property Tax & Empty Home Tax Increase

Vancouver BC Property Tax Increase and Empty Homes Tax Increase

Vancouver Property Tax Increase

The City of Vancouver plans to increase property taxes by approximately 9 percent. Council says increased revenue will be used for “an overall plan for the city and a big push to reduce climate-change effects”. Council is expected to add 25 police officers and 30 firefighters ...

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Posted in News, Owning
Nov. 16, 2019

Vancouver Laneway House Definition, Benefits & Building Guidelines

What is a Laneway House in Vancouver, BC?

Laneway house building guideIn Vancouver, a laneway house is a small detached house in the back yard of a primary residential house. Typically they are built where the garage would normally appear. In Vancouver, they cannot be strata titled and sold separately.  Some lots ...

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June 8, 2018

Basics of Do-it-Yourself Video-based Home Security

Do-it-yourself video camera home security tips and installation

According to law enforcement experts, a video-based home security system is significantly more effective than a simple alarm system. The reason is obvious. Burglars don’t want their crimes captured on video, which can then be used as evidence in court.

So it’s no wonder that many homeowners have, or are ...

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Posted in Maintenance, Owning
March 10, 2018

Home Renovation and Repair Cost Estimates

Free Home Renovation and Repair Cost Estimate GuideFollowing are costs for renovating your Vancouver home in case you’re thinking of selling your home, or perhaps you just need to perform some overdue replacements and/or repairs.

Below are a few quick estimates - View the "Residential Construction & Remodeling Estimate Guide" for a full list of potential ...

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Posted in Owning, Renovating
Nov. 14, 2017

Common Household Items that Can Cause a Fire

Household Fire Safety - Home owner tipsYou never want to smell smoke in your home and realize there’s a fire. That’s why it is important to be diligent about fire safety. Experts recommend that homeowners be especially careful with the following common household items:

  • Portable heaters. Never leave one in a room unattended. Make sure paper ...
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Posted in Owning
Nov. 14, 2017

Vancouver Empty Home Tax Declarations Being Mailed to Owners

Vancouver Empty Home Tax DeclarationsThis week, the City of Vancouver will begin a phased approach to mailing out the Empty Home Tax Declarations to applicable Vancouver home owners. This form must be filled out and submitted to the city by February 2, 2018 and according to the city "will have their properties deemed vacant ...

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Posted in Investing, News, Owning