Published December 5, 2022

Renters Cautiously Optimistic Changes to BC Housing Rules will Make Life Easier

Written by Rob Visnjak Personal Real Estate Corp

Renters Cautiously Optimistic Changes to BC Housing Rules will Make Life Easier header image.

This week we review the recent Bill 44 of the Building and Strata Statutes Amendment Act, 2 and highlight the key factors of how it will affect BC residents. Scroll down for more info!

Are you interested in buying a home? We invite you to soak up some knowledge and attend our First Time Home Buyers seminar. Over the years, we've answered countless queries from our first time home buyers. If you are in the same boat, please do not hesitate to join in us for this informative opportunity. Scroll down for more info!

Don't miss out on our new and exciting properties listed below. This week we highlight our luxury listing as well as a fantastic family home.

If you're looking to make a move, give us a call today for a complimentary market analysis & home evaluation.

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Rob Visnjak
604.836.0089
www.robv.ca

Personal Real Estate Corporation

Paige Bouwman
Licensed Realtor
778.960.3433
paige@robv.ca

Lana Mackay
Licensed Realtor
604.771.8112
lana@robv.ca

Kan Trivedi
Licensed Realtor
778.862.7081
kan@robv.ca

Mandy Roger
Unlicensed Assistant
778.999.ROBV
mandy@robv.ca

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*2 year fixed @ 5.29%
*3 year fixed @ 5.34%
*4 year fixed @ 5.34%
*5 year fixed @ 5.34%
*Variable Rate Mortgage 5.05% @ prime -.90% prime rate is 5.95%
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Renters Cautiously Optimistic Changes to BC Housing Rules will Make Life Easier

Removal of age restrictions, permitting owners to rent out units in specific residences among proposed changes

A self-described "renter for life" says she is cautiously optimistic that changes to B.C. housing rules will make life easier for those unable to buy their own home, although she still has concerns about how those rules would work.

Serena Eagland, a nurse, says with the high cost of living in Metro Vancouver, she and her partner do not see a future where they could afford to buy their own home.

"The reality of wages in the public sector is not going to allow us to ever buy in Vancouver," said Eagland, whose partner works in education.

"We're going to be renting for the rest of our lives."

Eagland took part in a panel along with other renters on CBC's The Early Edition, where they discussed Premier David Eby's new housing plan announced Monday.

Source: CBC

First Time Home Buyers Seminar

Are you looking into getting in the market? Do you have questions? Please join us to get all the information you need to make an informed purchase. There are many steps to buying your first home some of which can be quite intimidating. We'd like to walk you through, step by step, to provide a better understanding of the process and answer any questions you have. Please join us for our very informative seminar for First Time Home Buyers. The seminar will be held at our office in Cloverdale and typically runs for two hours, refreshments provided. Spots are filling up fast!

Join us for our next seminar being held on December 16, 2022. Register today!

If you or someone you know is interested in attending our seminar, please contact our office to enroll today!

Listings

24439 56th Avenue, Langley | R2732348

5,049 SQ. FT. HOME | 22,732 SQ. FT. LOT

7 BED | 4 BATH

$3,245,000

VIRTUAL TOUR

Custom built and privately situated on a 22,732sqft lot in the heart of Salmon River. Vaulted ceilings and spacious layout with abundant windows flowing with sunlight. This stunning 5,049sqft residence offers 3 bedrooms on the upper level, a junior master on the main level, plus a legal 2-bedroom suite above the 3-car garage. Oversize patio doors provide indoor/outdoor living to your private 484sqft covered deck and sprawling yard. The living space continues to the lower level with rec room featuring builtin theatre with 110’ screed and 9.2 surround sound. Custom cabinets throughout, engineered hardwood floors, quartz counters, Bosch appliances with dual fuel gas range. Detached shop w/100amp panel, 4-piece washroom and roughed in kitchen, fire pit w/gas rough in, and 8-person hot tub.

13068 64A Avenue, Surrey | R2719669

2,215 SQ. FT. HOME | 9,599 SQ. FT.

5 BED | 3 BATH

$1,699,000

VIRTUAL TOUR

Renovated family home situated on a large private lot in a quiet cul-de-sac w/mountain views. Huge South facing back yard perfect for entertaining & kids play. Back lane access w/gated driveway provide extra room for your toys. Double extra wide attached garage & parking for 5 cars on front driveway! Beautifully landscaped yard w/new fencing, stoned patio & large deck for outdoor living. Open Living/Dining, Kitchen w/pantry & eating nook, large master w/ensuite & 2 more bedrooms on the upper floor. Situated below a walk out basement w/theatre, office/bedroom & a full bath. Can easily be re-configured into a 1 or 2 BDRM suite w/separate entry. New 96 efficiency furnace, upgraded windows, doors, LED Lights & smart home integration. Walk to École Panorama Ridge Secondary & Elementary School.