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By Julie Sprankles|Jan. 2nd, 2018

 

 

If you're in the market for a house, first of all, congrats! Buying a home is one of the most rewarding — albeit at times exasperating — things you'll do in your life. By the time you're ready to buy, you likely have a sufficient grasp on the basic necessities: a solid foundation, a roof that doesn't leak, wiring that won't cause your new home to spontaneously combust, and so on. But what about the other stuff you should be mindful of? You know, the considerations not covered during your home inspection?

These more personal assessments may not be as "dear-god-get-me-out-of-here" detrimental as a crumbling foundation, but they could likewise affect your quality of life for the foreseeable future. So here are a few things to watch for, as well as the ones you shouldn't sweat.


 

3 Things to Pay Attention To:


1. The amount of natural light

Unless you're particularly partial to living like a cave-dweller, you want your home to have ample natural light. Besides making everything inside look better, it just makes you feel better. Yet this is often glossed over by some buyers during the house hunt. If you have your sights set on a house, schedule viewings at different times of the day to get an accurate picture of the natural light situation.

If you need secondary motivation outside of how beautiful natural light is, consider this: The amount of natural light in your home could indicate bigger (read: more costly) issues. Too little and you may have to add or modify existing windows, which could run upwards of $15,000.

2. The driveway and parking situation

You may be thinking, "Really? The driveway?" To which the answer is, "Yes. Really, really." The dimensions of your driveway could very well determine how quickly your new-home infatuation fades. It may seem silly in the grand scheme of things, but consider your parking spot like an extended part of your entryway. If the drive is too narrow, you'll spend countless hours playing musical cars to squeeze vehicles in. Alternately, if it's too long and you live in an area prone to snowdrifts, you may never want to leave home during the winter months. Street parking may seem like a viable option, but some cities have strict regulations regarding visitors and even overnight parking. Be sure to ask!



3. The neighbourhood

This is the epicenter of the house hunt for many people for one readily apparent reason: You want to like the area where you live. But there are a few less obvious things to consider before you hit the local coffee shop in preparation for your first early Saturday open house. Are there ample sidewalks in case you want to take a leisurely stroll or go for a bike ride? Is it in close proximity to public transportation? If you have kids, there's little doubt you looked into the local school district. Even if you don't, though, keep in mind a better school district equals a better resale value. And, finally, read any HOA documents before you sign on the dotted line. It will be tedious beyond belief, but doing so will alert you to restrictions, bylaws, and other issues that could be unwelcome surprises down the road.



3 Things to Ignore


1. The seller's style

Don't let that Day-Glo paint in the kitchen be a deal breaker. For that matter, don't let any paint color put you off of a home you like. You can always repaint and, let's be honest, what first time home-buyer doesn't want to hand-pick their own hues anyway? Similarly, if the seller's fuzzy toilet seat cover stresses you out, don't worry — they'll take it with them when they go. It can be hard to envision your stuff in a home that currently clashes with your personal style, but try to remember decor is easily changed and offers you the opportunity to tailor things to your own tastes.

2. Clutter

Hey, life is busy, you know? Sometimes a seller just can't find the time to pack up the plethora of tchotchkes littering their living room before a showing. Cut 'em some slack (selling is just as stressful as buying) and think outside the box. Just bring a tape measure to make sure there actually is enough room for your belongings and focus on the condition of the house as opposed to its clutter.

 

3. Unsolicited opinions

You'll soon find that everyone and their brother has an opinion about your potential new home, from the color of its exterior to the quality of the finishes inside. If you feel as though a particular piece of unsolicited advice may be helpful, by all means cull that wisdom. Fortunately, though, you can simply ignore anything else. You're the one who'll be living there and paying the mortgage. Ultimately, the only person you need to please when you pick your house is you.


WANT MORE ADVICE ON HOUSE, HOME AND REAL ESTATE?  TALK TO US! 


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Jan. 23rd, 2018

Surrey LRT

 

A rendering of Surrey’s planned LRT line. (Photo: surrey.ca)

Surrey Board of Trade CEO makes case for light rail in a letter to Mayors’ Council chair Derek Corrigan

The Editor,

This is an open letter to Mayor Derek Corrigan, chair of the Mayors’ Council:

I am writing in support of Surrey’s Light Rail Transit project.

In fact, the Surrey Board of Trade would like to see all 27 kilometres of the proposed light rail to be built as soon as is feasible. In our most recent Surrey Road Survey, more than 80 per cent support to strongly support the building of the “City Centre-Guildford-Newton” and over 85 per cent support LRT along Fraser Highway through to Langley City.

Surrey is growing rapidly, and as it grows, the opportunity exists to shape it into a world-class destination in its own right. With nearly 1,000 new residents coming monthly, the need for a vision has never been more necessary. The LRT provides an opportunity to consider how to manage the growth, where to densify, how to move people, and how to create commercial space while achieving an attractive streetscape.

Businesses are on board with creating an economically viable city that is attractive to clients, customers, and employees alike. LRT sparks development along its corridors, a mid-rise, medium density, mixed-use type of development that will attract both families and business to the area while also maintaining affordability.

 

Anita Huberman, CEO of the Surrey Board of Trade.

 

We have done our due diligence and read through all available reports. We have had roundtables and panel dialogues. We have had all of our advocacy team members review material and provide feedback (12 teams with over 400 volunteers). We’ve reviewed the number of technology and route alternatives that were examined using multiple metrics to evaluate their effectiveness.

The Surrey Board of Trade has taken the position that the project should be completed in one phase to capitalize on lower construction costs and LRT fleet vehicles, and the simple fact that waiting for phase 2 will unnecessarily delay needed transit through Surrey.

We are concerned that those who oppose LRT in favour of increased buses and a SkyTrain down Fraser Highway are not fully considering what they are saying no to, or conversely what they would be saying yes to, if they in fact succeed to influence decision-makers.

 

Three things we know will occur if there is no support for LRT:

  • Increasing B-line buses will very quickly increase congestion on those routes as more and more would be required to move commuters, but they would still not be sufficient to meet anticipated future population growth as quickly as the LRT on its dedicated lanes — and within 10-15 years would need to be replaced with LRT to meet the demand.
  • The cost of the Surrey-Langley line is nearly a billion dollars more to build SkyTrain than LRT, money that can be spent elsewhere on needed infrastructure and services.
  • The ability to quickly adapt to growing town centres and expand the system through the large Surrey geography will be severely compromised by putting all available and future funding into one option.




We have observed that where the SkyTrain has gone, it encourages development only around the station, not along the line. The stations are relatively far apart and the ability for riders to view commercial options is minimized. The purpose would be to move people from one far distant point into the City of Vancouver Hub.

As it turns out, this is not necessary. Over 70 per cent of our survey respondents like to work and live south of the Fraser; and LRT encourages that liveability by also promoting affordable housing strategies along existing corridors.

Although the Pattullo Bridge and other crossings need to be improved to accommodate commuters, more are staying South of the river. Over 50 per cent live and work in Surrey, unchanged from 2016, and an additional 24 per cent commute into Surrey for employment.

Our businesses and our residents deserve a system that encourages growth along the corridors, the creation of liveable streetscapes, and the flexibility to add stops as required with the minimum of cost and disruption in the future — as well as extending the lines to loop through the city as it ought to be. We need a system that moves people around Surrey and South Fraser, with links to cross the river where appropriate to minimize congestion on river crossings.

With over 400 LRT systems worldwide, we know that this is a system that has proved itself many times over. We anticipate TransLink to release its business case very soon, so that all can likewise be assured of the value of the LRT and not rely on out-dated documents to put forward erroneous positions in the media.

We have determined that Surrey is the destination, not a thoroughfare to somewhere else. The demand for more transit increases annually, as reflected on our own surveys. Surrey is becoming the hub of the south Fraser Region. Businesses are moving here. People are moving here.



It makes no sense to build a system that by-passes the opportunity to develop and grow a city of our choosing to meet our own vision.

Without doubt, the LRT is the best system, dollar for dollar, for Surrey and South of Fraser. The Greater Langley Chamber of Commerce has also indicated their support of the Light Rail Transit transportation system, which includes the Fraser Highway line.

Anita Huberman is CEO of the Surrey Board of Trade.

 

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VANCOUVER — An upward trend in housing prices isn't expected to significantly change in British Columbia despite an anticipated slowdown in sales this year, economists say.

The B.C. Real Estate Association's chief economist said Wednesday that new housing stock, slightly higher interest rates and tighter mortgage regulations will result in about a 10 per cent decline in sales compared with 2017.

But demand continues to outpace supply in most markets from Vancouver Island to the Okanagan, which spurs rising prices, Cameron Muir said.

"We would need a combination of a pretty substantial decline in demand as well as significant increases in overall residential supply in order to get to the point in which prices would decline," Muir said.

Nationally, the Canadian Real Estate Association has said tighter mortgage regulations imposed on Monday, including a stress test for uninsured mortgages, would result in fewer sales and reduced prices by about 1.4 per cent to an average selling price of $503,100 this year. 

Bryan Yu, economist with Central 1 Credit Union, said the changes may slow the pace of first-time buyers entering the market or lead to adjustments in what people choose to buy.

While this may slow sales, particularly in the first quarter of this year, he said B.C.'s growing economy and jobs will maintain a strong demand.

"I think the overall economic drivers are still there to support rising prices through 2018," Yu said.



The Real Estate Board of Greater Vancouver said Wednesday the benchmark price for all residential properties was $1,050,300, in 2017, a 15.9 per cent jump from December 2016.

Sales of detached homes, townhomes and apartments reached 35,993 last year, the third highest total in a decade.

The board considers the sales total more "historically normal," marking a 9.9 per cent decrease from 2016 and down 15 per cent from the sizzling pace of 2015.

A key aspect of last year's housing market was a decline in the number of available listings, a trend the board has said can put upward pressure on prices.

Board president Jill Oudill said 54,655 properties were listed for sale in 2017, a dip of 5.1 per cent from the year earlier.

She also said market activity across the Vancouver region differed considerably in 2017 based on property type.

"Competition was intense in the condominium and townhome markets, with multiple offer situations becoming commonplace," Oudill said in a news release.

The benchmark price of condominiums leaped 25.9 per cent in the Vancouver area last year, while townhomes increased 18.5 per cent and the price for detached homes climbed 7.9 per cent.

Prices have also soared in the neighbouring Fraser Valley with the benchmark price of condominiums jumping 40.5 per cent last year to $388,600.

The Fraser Valley Real Estate Association said the benchmark for single detached homes reaching $976,400, an increase of 14.2 per cent from 2016. The price of townhomes increased by 23 per cent.

Yu said rising prices means people will increasingly be left out of the housing market.

"We're going to see an increase in renters in proportion to the population," he said. "I think that's going to be the natural evolution of this market over time."



 

University of B.C. business professor Thomas Davidoff said governments could improve affordability by encouraging the development of more units in single-family home neighbourhoods and reforming taxes.

"We have high income and sales taxes and low property taxes and that says we encourage people not really to make a living and sell stuff here, but buy property. That's the worst recipe ever for affordability," he said.

Other factors, including political instability, interest rates or natural disasters, could drive down prices, Davidoff said. More likely, a major driver of prices will be what people are willing to pay.

"I do think in the long run, Vancouver will continue to be a very difficult place to buy or to rent unless you're really rich," he said. 

Linda Givetash, The Canadian Press

 


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This summer, the City of White Rock and the White Rock Business Improvement Association have partnered to bring a free trolley service to White Rock! You can hop-on and hop-off on weekends, holidays and during select special events* from June 24 to September 4.

There are stops located throughout the City, so check the schedule below to find the closest one to you and begin exploring our beautiful City by the Sea!


 

 

                    

 

 

 

 

 

                     

Garage Sale Sign

 

 

 

*Some special event days have different schedules and/or routes. The alternate routes and times will be posted on this webpage.

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Click for Map

This is the first Garage Sale Map for 2017!
We weren't sure the weather would ever allow us to have any more garage sales!
Look for a number of neighbourhood events coming in May!

Click on the
Local Garage Sales
logo above for this week's map! 


HudsonHomeTeam
604-773-3940




Copyright © 2017 HudsonHomeTeam, All rights reserved.
Because we care about you (and you like us). :)
Our mailing address is:

HudsonHomeTeam

1 - 1920 152 St.

Surrey, BC V4A 4N6

Canada

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Prosecco to Port

Saturday, April 29, 2017
7:00 - 10:00 pm
Hazelmere Golf Course, 18150 8 Ave, Surrey

 

Chase--Badger_01.jpg

(Get Directions)

Tickets: $70

To purchase tickets by cheque/cash please contact:Tracy La Chance, SALI Board Member:
tracy@sali.ca

604-218-8364 To purchase tickets via credit card:

news-button.pngAll proceeds help at-risk children & animals in your community.

Prosecco_to_Port_graphic.jpg

As the name implies, this tasty fundraising event begins with a glass of Prosecco and ends with a sweet bit of port!

Join us in raising money to help at-risk youth and animals in your community, and have fun at the same time.

The evening starts at 7pm with Prosecco on arrival, plus wine tasting and plenty of hors d'oeuvres, too.

Click the button above to reserve your tickets now before they sell out!

 

Join us for

Wine tasting

Hors d'oeuvres

Live music

Silent auction

Wine & beer raffles

Purchase your tickets instantly by clicking "Buy Now" at the top of this page.

For questions, or more information, please contact Tracy at tracyl@sali.ca or 604.218.8364

Sponsorship from this event allows SALI to pass 100% of donations from this event straight to helping at-risk children and at-risk animals. We are deeply grateful. A big thanks to the following companies and individuals who make SALI's work possible.

The Suede Dogs will be providing live music for this event! Learn more about them at suededogs.com.

Sali_Suede_Dogs_logo.jpg

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Easter Bunny is coming to Morgan Crossing

Mar. 9th, 2017

 

Join us on Saturday, April 8th as we welcome the Easter Bunny here at The Shops at Morgan Crossing. There will be complimentary photos with the Easter Bunny, Easter treats, hot chocolate, tea, arts & craft and more. Time:1-4pm

Location: Unit 110 – 15850 26th Ave (Across from Starbucks)

Plus be sure to post and share you photo with the Easter Bunny for a chance to be entered to win a $50 gift card to The Shops at Morgan Crossing. * Must share and tag on The Shops at Morgan Crossing Twitter,

Facebook or Instagram page

If you would like more information please call: 778-294-2925

 


Easter Fair

Petting a lamb at Easter Fair

Location:
Surrey Museum, 17710 56a Ave

Date & Time:
April 15, 2017
1:00 PM - 4:00 PM

Contact:
604-592-6956

Bunnies and Other Farm Friends!

Animals and Easter go hand in hand. Join us at the Surrey Museum as we ring in Spring with local rescue animals.  Celebrate their new beginnings and take part in family friendly Easter festivities by donation.

Local animal rescue groups will be onsite teaching children and their parents about respectful treatment and care for animals. Families can get up close and personal with rescue animals, from rabbits to cats and dogs to birds.

Other Easter activities include:

  • Spring crafts and an Easter Egg Scavenger Hunt in the exhibit gallery.
  • A special guest appearance by the Vancouver Rabbit Agility Club which will be showing off their athletic bunnies at 2pm and 3pm in the Museum’s plaza, weather permitting.
  • The Easter Bunny himself.
  • Storytelling in the Museum theatre

Easter at Knapps

Location: 4391 King George Blvd.

Date: 11am-3pm, Apr 17, 2017

Event Details

Screen Shot 2017-03-29 at 4.00.48 PM (1).png

Spend Easter Monday with us at Art Knapp on April 1st, 2017 from 11am to 3pm!
FREE TRAIN RIDES from 11am-3pm
Meet the EASTER BUNNY!!
Complimentary face painting
Enjoy complimentary snacks and coffee
This is a great event for those with small kids! For the older ones, we have mini golf and lots of cool things to look at! Come and join the fun :)


Farm Tots: Potter’s Bunnies

Crafts in the kitchen

 

Farm Tots: Potter’s Bunnies (1-3yrs parent participation)
Little bunnies hop, hop, hop as they explore Beatrix Potter’s classic tales through rhymes and a craft, then take part in the “Great Bunny Hop-Off”.  1 session for $5.
Thursday, April 6 from 10:30am-11:30am – Register Online (#4519799)
Friday, April 7 from 10:30am-11:30am – Register Online (#4519800)

 


Morgan Creek Easter Brunch

  • Apr 16, 2017  -  10:30am and 1:30pm

Tickets are now on sale for our annual Easter Brunch Buffet on Sunday, April 16th.  Purchase your tickets early as this event sells out every year.  We will be offering two seating options of 10:30am and 1:30pm. Pricing includes all taxes and gratuity.

Adults – $43
Children 5 to 12 years – $25
Children 4 years and under – No charge

Easter Brunch Menu

Tickets are now on sale for our annual Easter Brunch Buffet on Sunday, April 16th.  Purchase your tickets early as this event sells out every year.  We will be offering two seating options of 10:30am and 1:30pm. Pricing includes all taxes and gratuity.

Adults - $43
Children 5 to 12 years - $25
Children 4 years and under - No charge

easterbrunch1030

easterbrunch130

 

  • Easter Event Image

Old Fashioned Easter

  • Apr 15, 201711:00am - 3:00pm

Do you have dreams of a family Easter egg hunt on the budding grounds of a heritage farmhouse? If so, we have the perfect experience for you. The free, all ages event is ideal for making memories and taking beautiful photos. Other family fun activities include:

  • Face painting
  • DIY rabbit ears
  • Bunny Olympic competitions
Event Information

Where: Historic Stewart Farm, 13723 Crescent Rd Surrey, BC
Phone: 604-592-6956
Website: http://www.surrey.ca/culture-recreation/22375.aspx

 


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Is Fraser Valley the next big market in the B.C. housing sector?

 

 

Latest numbers from the Fraser Valley Real Estate Board (FVREB) revealed that B.C.’s southwestern region has experienced significant home price growth in February, indicating a possible companion to the red-hot Vancouver market in the near future. Last week, the Board revealed that the benchmark price for a single-family property in the Valley increased by 20.4 per cent year-over-year and 0.4 per cent compared to January, hitting $859,300.

 

 

 

 

“This is the kind of February we like to see. Last year at this time, the incredible demand created a market that was difficult for consumers,”

according to FVREB president Gopal Sahota, as quoted by CBC News.

 

 

“Now, we have sales moving upward from the winter months at a typical, healthy pace and a growing inventory to support it,”
Sahota stated, adding that the numbers are so far showing a “return to normal historical sales numbers.” Apartment prices also rose sharply by 26 per cent compared to February 2016 and 1.8 per cent month-over-month, up to $267,000. Meanwhile, average townhome costs grew by 25 per cent year-over-year and 0.5 per cent since January, reaching $422,400. Recently, Finance Minister Bill Morneau assured that the federal government is still closely monitoring the Canadian housing market, amid seemingly inexorable price growth in Vancouver and Toronto. 

 

“We continue to be very focused on thinking about how we can manage what is peoples’ most significant investment. And we do watch the level of indebtedness, in particular around housing,” Morneau stated, adding that “strong underlying markets” continue to drive the two cities’ outsized performance.  “So in Toronto and Vancouver, unemployment is lower in those two places than it is in some other places. Incomes are higher. The economy is doing better. So there are underlying reasons for the housing markets to do better and we’ll continue to monitor, to work with provinces and municipalities who have an important role to play here to manage what we see [as] a challenge, but not one that isn’t manageable.”

 

 

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Photo: Andrew Hudson

The biggest challenge Canada faces in creating affordable housing is getting people to and from home and work.

 

"If you think housing prices are high now - just wait."  - Heino Molls, REMonline

 

 

"Census Canada figures show that Canada’s population has rocketed past 35 million. In fact, that number is going to be 36 million before the ink is dry on this most recent report and it will, without a doubt, be going at light speed past 40 million way before 2020. That means a huge boost in housing demand. It means that the privilege of living in a home in Canada, not to mention an actual house in Canada is going to come with a high cost. You think the cost of a house in Toronto, Vancouver or Ottawa is high now, just wait.


Do the math on your own. Not the math of the naysayers, the doom and gloom crowd, the people who will show you diagrams and charts with circles and arrows that pinpoint the exact time and date of the collapse of the real estate market. Rather look around, see what is going on and add it up for yourself.


We are facing many problems in our country. There is not enough time and space here to discuss all the challenges of health care, especially mental health care, as well as housing for the poor and marginalized people in our society. Another major challenge that should be mentioned in the same conversation as housing and property value is public transit.

Our governments are scrambling to build new transit ways and highways to accommodate all the people who will be travelling to and from our inner cities for business, health care, restaurants and entertainment.


How Much is YOUR Home Worth?

 

 


Our biggest problem is going to be building transit, not just within our cities but also from the towns and satellite communities that will have even higher population growth in the coming years. Communities like Chilliwack and Abbotsford in B.C. and cities like Kitchener-Waterloo not far from Toronto. The same for all other cities in the country. Transit is going to be our biggest problem.

 

Falling house prices. Yeah, not so much."

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