At the British Columbia’s Budget 2012 conference today, the provincial government announced two incentives for the residential construction industry and its consumers: 1. A $10,000 temporary, one-time refundable income tax credit for first-time home buyers who purchase a newly constructed home, effective today, February 21, 2012 through to March 31, 2013. Details are available here:http://www.bcbudget.gov.bc.ca/2012/homebuyers/2012_First_Time_Home_Buyers_Fact_Sheet.pdf 2. A $1,000 Seniors’ Home Renovation Tax Credit, a refundable personal income tax credit for the cost of permanent renovations that provide individuals age 65 and over with increased independence. This is an annual $1,000 credit based on 10% of eligible expenditures. Details are available here:http://www.bcbudget.gov.bc.ca/2012/backgrounders/2012_Backgrounder_2.pdf Combined with the HST-to-PST transition rules and HST tax-relief measures announced last week for new homes, this should help to stimulate the new-homes industry throughout BC. However, the budget did not include measures to mitigate the HST impact on home renovations. Loading…
24-18828 69 AV, Clayton Village: GORGEOUS Starpoint 2BR Townhouse!!
Bright & spacious, STUNNING open Great room layout with cozy fireplace & 9′ ceilings! 2 LARGE bedrooms upstairs and 2 full bathrooms. Recent upgrades include Brazilian REAL hardwood floors, high end carpeting, & paint. Large kitchen loaded w. cabinets, pantry & separate dining area. Walkout to fenced yard, backing onto gorgeous GREENSPACE – NO ONE LIVING BEHIND YOU! Lots of parking and storage with a large double garage, extended driveway, & visitor parking! Sought after Clayton location is walking distance to schools, transit, shopping & parks. Shop & Compare…This is the BEST!!!
January, 2012: White Rock / South Surrey Real Estate Market Update
2012 KICKS OFF WITH NEW HOME PRICE MEASUREMENT; AND, A SLUGGLISH START TO SALES (Surrey, BC) – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 799 sales in January, a decrease of 4 per cent compared to the 834 sales in January last year and 10 per cent fewer than were processed in December. In the last decade, January 2012 was second only to 2009 for lowest volume. On the flip side, compared to other starts during the last 10 years, the Board received one of its highest influxes of new listings for January – 2,753 – 5 per cent more than January 2011 and 143 per cent more than December the month before. The increase in new inventory raised the volume of active properties in Fraser Valley to 8,320 by the end of January. Sukh Sidhu is the Board’s president. “For spring house hunters this is great news. For buying power you can’t beat the combination of greater selection, the continuation of extremely low interest rates and stable prices.” The Board’s new MLS® Home Price Index (MLS® HPI), launched today, reveals that residential home prices in Fraser Valley have decreased gradually over the last six months, while still showing increases year-over-year. In January, the benchmark price of a detached home in the Fraser Valley was $567,700, an increase of 7.6 per cent compared to $527,500 in January 2011 and an increase of 0.1 per cent compared to December. For townhouses, the benchmark price in January was $314,200, an increase of 2.4 per cent compared to the same month last year when it was $306,800 and down 1.1 per cent compared to December. The benchmark price of apartments in January was $199,600, a decrease of 0.1 per cent compared to January 2011 when it was $199,800 and …
6928 182A ST, Cloverdale Family Home – Clover Woods
Shop & Compare … 2 storey + bsmt home in highly sought Clover Woods. Quiet child friendly cul de sac. Huge private back yard backing onto treed greenspace. Gourmet kitch w. beautiful maple cabinetry, island, & pantry. S/S appliances. 9’ceilings, crown moldings, designer blinds & more! Main flr has bedroom = ideal office / den. Luxor ensuite w/double basins, soaker tub & seperate shower! Almost 3300 SF of beautiful living. Basement features separate entry for private access. Note; Seller/Carpenter will install basement suite kitchen cabinets for additional ($10K allowance). Great opportunity!