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Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Tuesday, January 3, 2012

Divide and Conquer

It all started innocently enough. We had a family of five and our house was effectively a 3 bedroom home and we get heaps of visitors- as I have most of my family and friends living abroad. So a kid sleeping on the couch became tedious. We needed more space
. Our cottage of 1300 sq ft sits on a huge 14,000 sq ft lot. We could add on. We hired a popular designer who dealt with bespoke developement- meaning tailored to meet individual needs. Off we went.
Rather than being constrained with a budget, we told him "design what we need and want and we will do it when we have the funds to do so". Current zoning stipulated that if we wanted 4 bedrooms upstairs than the main floor had to increase and go out into the yard as a terrace effect- you could not have a 2 or 3 story box. This also meant that the basement had to go out into the yard considerably to accommodate the larger living area above. We briefly looked at a bridge type structure as we didnt need a big basement but the engineering of that would take most of building budget!
So, as the design was gorgeous and totally maximized the view and had everything we wanted we put it through permits. $30,000 in design , permits and engineering were paid and the plans were ready to pick up and start.
The night sweats started.
Irritability set in, and neither my husband nor I picked up the permits. No one wanted to discuss the elephant in the room.
Finally one night I said " I dont need a huge home,I dont think we can afford to build this, I dont want a massive basement, and I dont want to clean that many bathrooms!!"
My husband agreed.
We looked at the plan, there was very little yard left as the building had to go so far out on ground level. The beautiful granite wall was about 2 feet in the wrong place and would have to come down and we were staring at a 2500 sq ft basement- almost 2 times what we were living in now- of unfinished space!.
We realised we loved that granite wall, we loved the big yard and all we needed was a couple bedrooms.
So we started with the pool and built that. That way as we cleaned up the rest we had somewhere to go and relax at the end of the day. Then we looked at our existing rec room and simply divided the space up. New appliances, fancy faucetts and fresh paint, and we had a house  we could live in.

The rooms are adequate, not large. But this means the kids tend to come and do their work on the dining room table and discuss stuff with us. It also means we have to all decide what we want to watch on TV and negotiate because the 2 TV's are in public places. The hallway connecting the kids rooms is extra wide with a couch recessed in on one side and flat screen on the other-so it can be an emergency rec room if we have friends over and our son wants to play WII with police siren soundtracks. We dont have a lot of parties in the winter but we have a neighborhood full of families over in the summer. The 20 by 40 pool brings them all over! and we set up an outdoor BBQ and dining area so many stay for dinner after sunset.
In the winter we get invited to those families that came over in the summer. It works. This is how I became so convinced that we can live smaller. As a Real Estate agent I knew all about maximizing the property and thats what everyone has been programmed into thinking. As a mother I knew smaller more intimate spaces keep our kids closer and part of the family. I have seen kids that have a whole recroom to themselves with TV, computer  and  sometimes even a drink fridge - they dont surface till they are hungry. Its not the kind of family I wanted.
 I hope that soon we will allow 2 small homes to be built on some of these lots that now allow for only 1 6000 sq ft house. Maybe more people can experience this freedom.... and togetherness.

Friday, January 28, 2011

ATTN all REALTORS ( R)

 You have all heard the saying at your local burger joint " would you like fries with that?" Well get ready to use that idea in your real estate career. Now you can get a new home for $150,000! on any existing RS1 or RS5 property in City of Vancouver, and soon in North Van City. These beautiful state of the art mini homes are back yard cottages that can be built in a few months on your back lane.( http://www.kimlittle.ca/ for info) So the next time you show a buyer a nice place for sale ask if they want a laneway house with that.
 RBC and Vancity currently have programs in place to pay for the cost of building your laneway -so a little extra mortgage upfront and you can get a great rental, or home for aging parent or footloose teenager. Smallworks has 3 plans from contemporary, midcentury modern to traditional exterior. The interior can be a studio, 1 bedroom or a flex between the two.Heated floors, fire sprinkler, full kitchen and bathroom are all included and for $150k that covers HST too.
Big houses are so yesterday.

Monday, December 13, 2010

vancouver laneway tour

what a huge success! Thankyou to the Vancouver Heritage Foundation for a well organized huge success. The 6 Laneway houses on tour offerred a fantastic first hand look for people who like the idea or are actually thinking of building a laneway house. I was at the lovely yellow mini house on 23rd , a traditional cottage style exterior with highend interior built by Smallworks.ca. It was number four on the tour for people working East to West and seemed to be the tour favorite until they hit the other Smallworks offerring- the fantastic contempory number on E.37th. The press and younger folk seemed to love that one. I have been so impressed by the standards and philosophy of Smallworks that I have recently joined the company in some fashion or another. I intend to blog about ( or is it "blag" about it.... my new word for bragging while you blog...)this little company as I see it becoming a force to be reckoned with in urban developement. As well I must have answered 50,000 questions on tour this past weekend so perhaps i can answer questions of those of you who are interested in a laneway house but didnt catch the tour. As a licensed real estate agent as well, many people asked how this will affect property values so this is something i want to explore as well.
till next time