Renovating your home?

Start small with one of the smaller rooms in your home - the bathroom!

Here are the top 10 trends for bathrooms this year. Which style do you like?


#3 EXPOSED SHOWER PLUMBING


“In bathrooms, we’re incorporating more exposed shower plumbing. The industrial look pairs beautifully with a white, modern marble.”


See the other 9 great ideas:


https://www.elledecor.com/design-decorate/trends/g23694206/bathroom-trends-2019/

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In the City of Vancouver, as well as our North shore communities, you can buy beautiful, brand new modern homes. However, we have had a long history of this building aesthetic for the past 80 years.

A modern home is a style of design that embraces the idea of minimalism and the use of unconventional house materials such as glass, steel and concrete.

If you are a fan of the modern home (as we are!), you may find it interesting to note that the first house in the modern style was built in West Hollywood by Rudolf Schindler, who worked under Frank Lloyd Wright in the 1910’s. It was rightly named The Schindler House and it ultimately inspired some of the mid-century modern homes we see today.


In the lower mainland, it was the West Coast Modern (1930-1965) style that was most prominent. They are defined as simple, undecorated houses with flat or low pitched roofs, interiors often with open ceilings and post and beam structures. They often have a seamless transition between the interior space and the garden.

Inspired by Frank Lloyd Wright, these homes first appeared in Vancouver in the 1930’s. Design elements were blended with the terrain and the vegetation.

If you dream of owning a modern home and love the simple beauty of the original designs, which here in Vancouver most often come with an interesting location – perched on a cliff or surrounded by lush vegetation – then you can usually find one for sale.


To view properties currently on the market:


For an appointment to view, contact Bridget Ross at 604-805-6820 or bridget@zwickchimes.com

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Tax Rates for Speculation and Vacancy Tax

 

The speculation and vacancy tax rate varies depending on the owner’s tax residency. In addition, the tax rate varies based on whether the owner is a Canadian citizen or permanent resident of Canada, or a satellite family.

For 2018, the tax rate is:

  • 0.5% of the property’s assessed value for all properties subject to the tax

For 2019 and subsequent years, the tax rate is:

The speculation and vacancy tax applies based on ownership as of December 31 each year.

A speculation and vacancy tax year is the same as a calendar year. Tax levied on December 31 is due the following July. For example, for a property owned as of December 31, 2018, the 2018 tax rate of 0.5% applies and the tax is due on July 2, 2019.

Exemptions for the Speculation & Vacancy Tax

 
 

The speculation and vacancy tax is designed to prevent housing speculation, turn empty homes into good housing for British Columbians, and raise revenue that will go to supporting affordable housing. Exemptions are available, ensuring that over 99% of British Columbians are exempt.

All residential property owners in the designated taxable regions must complete an annual declaration to claim any relevant exemptions.

Exemptions are also available for special circumstances such as major home renovations and life events such as divorce, hospitalization or extended absence.

Review the details of each exemption and see examples for:

Subscribe to receive updates as new information about the speculation and vacancy tax is available.


For more detailed information, go to:


https://www2.gov.bc.ca/gov/content/home

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Vancouver the least affordable

In Canada's most expensive market — Vancouver — house prices are expected to fall another 2.5 per cent this year, while sales remain flat. On Thursday, the Real Estate Board of Greater Vancouver said the benchmark price for a home, which is a composite of detached properties, townhomes and condominiums,  fell by 2.7 per cent in December 2018 compared to the previous year. 


Read on....


https://www.cbc.ca/news/business/house-prices-affordability-income-1.4966211

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.