Showing posts with label enviroment. Show all posts
Showing posts with label enviroment. Show all posts

Friday, 12 September 2008

Victoria BC Real Estate Update - Prestigiuos Property for Sale in Victoria

We, the Properties in Victoria Professionals, are proud to announce another Hot Property for Sale in Victoria BC.


Enjoy all the luxuries of this bright 2 bedroom 2 bathroom South West corner suite, in the environmentally conscious Dockside Green, including: Bamboo flooring, wood cabinetry, granite & marble countertops, pot lighting & exceptional appliances. This is a lifestyle you will want to choose. Walk along the waterfront to beautiful downtown Victoria. Cafe’s, grocery store, gym’s walking & cycling trails all at your doorstep. Quality steel & concrete construction. For more information this condo click here


Harnessing the latest innovations in green building technology, the buildings at Dockside Green are targeted to exceed the level of energy-efficiency required by the Model National Energy Code by over 50%. Contributing factors include double-glazed, low-emittance windows, high-insulating walls, and external shading devices that also help maintain comfortable indoor temperatures.


For more information on this development log onto their website at http://www.docksidegreen.com/ or feel free to contact us.

Cheers,


Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals- Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Wednesday, 3 September 2008

Victoria BC Real Estate Update

Real Estate In Victoria BC - Monthly Update

Real Estate sales in the Greater Victoria area followed the expected trend and softened a bit last month as many people enjoyed vacation time with family and friends. The prices also moderated somewhat. There was a total of 517 homes and other properties sold in August through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®). Last year we had 616 sales in July and 846 sales in August.

Bill Ethier and Properties In Victoria Professionals, note that today’s buyers now have more properties from which to choose than at any time since 1996. This is great for all buyers. The number of properties available for sale is now at the highest level in over 12 years, increasing in August to 4,657. That represents a 39 per cent increase compared to August of last year.
The prices moderated last month with nearly 46 per cent of single family homes selling for under $500,000. The average price of single family homes in Greater Victoria Real Estate Area last month was $549,914, down from over $578,000 in July. If we look at the six-month average, it was $592,582. Further the median price in August was considerably lower at $512,000. How about the more prestigious and luxuary homes? Well, eleven single family homes sold for over $1 million in August, including two sales on the Gulf Islands.

The average price of all townhomes sold last month was $413,994, down from nearly $455,000 in July. The six month average was $435,309. The median price for townhouses in August was $382,000. The condo market last month was just about unchanged from July with an average price of $302,200. The average for the last six months was $319,825. The median price for condominiums in Victoria in August was $280,000.

Total MLS® sales last month in the greater Victoria real estate area included 269 single family homes, 160 condominiums, 53 townhomes and eight manufactured homes.

If you would like to have some more info here are some graphs that might be of interest.
Summary Report and Graphs

Victoria Real Estate Monthly Sales Summary
Victoria Real Estate Average Selling Price Graphs
Victoria Real Estate Active Listings, New Listings and Sales Graphs

What do you think the real estate market will do in the next year? Write some comments below and let us know. Further, to Stay on top of the local Victoria Real Estate Market, subscribe to our free on line News Letter. If you are looking for a specific type of property like a small condo or a prestigious ocean front estate, we have the tools to make your search easy.

Cheers,Bill

Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals- Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Monday, 1 September 2008

Victoria BC Real Estate - BCREA Realeases the July Stats for the Province

The BC Real Estate Association has published the latest stats for major regions of BC.

Please see below for the latest information. Is it bad? No, it looks pretty good, but will the upward trend in Victoria continue? I believe we will see more moderation in prices and if not a slight downward tend in the coming 6 months to a year. A healthy correction. This should make buyer's happy!!!

July MLS Statistics:

Multiple Listing Service® residential units sold in BC totalled 6,541 for July, a decline of 37% versus the same month last year. The dollar volume of residential sales fell to $2.9 billion, a 38% drop against July 2007. July’s average residential home price of $444,358 represented a 0.5% decline compared to the July 2007 average ($446,481), and a 4% decline versus the June 2008 average ($463,458).

Greater Vancouver: Residential units sold totalled 2,215, a 44% decline compared to the same month last year, while dollar volumes decreased 45% to $1.3 billion. The average residential home price softened to $575,256, a decrease of 1% against July of last year.

Fraser Valley: Units sold totalled 1,216, a 37% drop against the same month last year, while dollar volumes fell 35% to $526 million. The average residential home price was $432,686, a 1.7% increase over July 2007.

Chilliwack: July sales declined 41% as measured by both units and dollar volumes, with 180 units clearing for a total of $54 million. The average residential home price retreated 0.7% against July of last year, settling at $301,923.

Victoria: Units sold totalled 592, a 32% decline compared to July 2007, while dollar volumes decreased 29% to $289 million. The average residential home price climbed to $487,864, an increase of 5% against July of last year.

Vancouver Island: Units sold totalled 709, a decline of 30% versus the same month last year. Compared to July 2007, dollar volumes dropped 27% to $238 million, while the average residential home price rose 4% to $336,204.

Okanagan (including South Okanagan): The Okanagan and South Okanagan markets recorded 646 units sold in July, a 40% decrease compared to July of last year, while dollar volumes declined 37% to $260 million.

Kamloops: Units sold totalled 232, a 30% decline against the same month last year, while dollar volumes declined 20% to $74 million. However, average residential home price climbed to $321,030, a level 13.5% higher than the area’s July 2007 average price.

BC Northern: Residential sales continued to drop in July, with 450 units sold representing a 15% decline in unit sales against July 2007. Dollar volumes fell 5% to $101 million, while average residential home prices rose 12% to $223,449 against the year-ago period.

Kootenay: Residential units sold totalled 252, a 29% decline compared to the same month last year, while dollar volumes fell 19% to $78 million. The average residential home price grew to $310,493, an increase of 13% against July 2007.
Source: British Columbia Real Estate Association (BCREA)

For more information the Victoria Market please feel free to contact us or visit our website http://www.propertiesinvictoria.com/ and click on Victoria Real Estate Market Update. The latest statistics for August will be out this week and we will have them uplaoded as soon as we see them.



Cheers,Bill

Bill Ethier B.Sc - REALTOR®
Properties in Victoria Professionals- Royal LePage Coast Capital Realty
Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Sunday, 24 August 2008

Victoria BC Luxury Real Estate - Hot New Property for Sale!

Properties in Victoria Professionals are proud present a wonderful Broadmead home!

Enjoy the peaceful setting of this fantastic home in the heart of Broadmead. Wonderful south facing deck (with electric awnings for shade), with views of the Sooke Hills to enjoy your morning coffee, reading or summer BBQs. This fabulous home rests on just over 20,000 sqft of treed and well maintained land that will impress you with its beautiful rhododendrons and tranquil landscape. A bonus is the 1000 sqft 8 foot ceiling unfinished basement with own entrance.


For more information on this property or any othe property on the Victoria MLS® system please contact us at 250-920-7000 or at info@propertesinvictoria.com or visit our website http://www.prestigiouspropertiesinvictoria.com/


Cheers,
Bill


Bill Ethier B.Sc - REALTOR®


Properties in Victoria Professionals- Royal LePage Coast Capital Realty


Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Thursday, 10 July 2008

Victoria BC Real Estate - Canadian Government Changes Some lending Practices

Canadian Housing and Mortgage Corp adjust long term mortgages to protect the housing market.

The Government of Canada announced yesterday adjustments to the rules for government guaranteed mortgages aimed at protecting and strengthening the Canadian housing market. The new measures include:

Fixing the maximum amortization period for new government-backed mortgages to 35 years;

Requiring a minimum down payment of five per cent for new government-backed mortgages;

Establishing a consistent minimum credit score requirement; and

Introducing new loan documentation standards.

Yesterday's announcement marks a responsible and measured approach by the Government to ensure Canada’s housing market remains strong and to reduce the risk of a U.S.-style housing bubble developing in Canada.

The new limits are planned to take effect October 15, 2008. This would allow existing mortgage pre-approvals with the common 90-day duration to be used or expire. Certain exceptions would also be permitted after October 15. The Government will work closely with all stakeholders to ensure timely and effective implementation of these measures.

As these measures relate only to new, government-backed insured mortgages, Canadians who already hold mortgages will not be affected by this announcement.

The measures announced today will build on the strength of Canada’s housing market. According to the International Monetary Fund, the increase in house prices in Canada is based on sound economic factors such as low interest rates, rising incomes and a growing population. A recent Statistics Canada report concluded that home ownership is at record levels, with over two-thirds of Canadians owning their own home.

Mortgage arrears—overdue mortgage payments—have also remained low. In recent years, the percentage of mortgages in arrears for three months or more continues to be at low levels not seen since 1990.

For more information the real estate market in Victoria BC feel free to contact us at 250-920-7000 or through our website www.PropertiesinVictoria.com

Cheers
Bill

Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals- Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Monday, 23 June 2008

Victoria BC - Real Estate Update: Highers Costs Affecting the Real Estate Market

Fuel and Food Prices Impacting Real Estate.

As gasoline prices continues to rise, driving up the costs of food and other staple products discretionary buying will slow, and we are starting to see it. Car sales are falling and now it looks like secondary/vacation homes are starting to take a hit. In Victoria BC we are seeing a definite slow down in the market, but feel with such a strong economy and a very desirable place to live the slow down will be limited. Please read the article below from Cam Muir the BC Real Estate Association chief economist.

British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 27 per cent to $3.85 billion in May, compared to May 2007. Residential unit sales fell 31 per cent to 8,101 units during the same period. The average MLS® residential price in the province reached $475,656, up 6 per cent from May 2007.

“Rising fuel and food prices are impacting the housing market, as many potential homebuyers take a wait and see approach out of concern for their household budgets,” said Cameron Muir, BCREA Chief Economist.

While BC has one of the best performing economies in the country, slower economic growth and a spate of bad news stemming from the US housing recession is also eroding consumer confidence, causing some consumers to delay major purchases.

“Despite strong demographic fundamentals, amenity markets in the province are bearing the brunt of reduced demand as second home purchases by recreation and investor buyers are more easily delayed,” added Muir. “However, higher inventory levels may soon edge lower as homes priced in relation to the accelerating conditions of the past are either pulled off the market or re-priced and sold according to today’s market realities.” For the remainder of the article please log onto http://www.bcrea.bc.ca/news_room/2008-05.pdf

Please contact us if you would like more information on the market here in Victoria BC and visit our website and log onto Victoria Market update to stay informed on current trends.


Cheers

Bill

Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals- Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Thursday, 8 May 2008

Victoria BC - Hot New Real Estate

We the Properties in Victoria team are proud to announce another prestigious condo for sale in the heart of the city. This superb 2 bedroom 2 bathroom condo is located in the Prestigious Belvedere. For more infromation see below:



Upscale condo at The Belvedere! Downtown living at its best! No other building compares. Developed by Concert Properties, Georgie Awards® 2007 Finalists for Best Multi-Family Development (High- Rise). Finest standards of construction. High ceilings, granite counter tops, teak floors, maple shaker cabinetry, stainless appliances. Corner suite with views of the water and Sooke Hills. Floor plans available
Show All Available Photos
If you would like more information on this property, such as virtual tours or floor plans please visit our webiste www.PropertiesinVictoria.com or any other property in the Greater Victoria area please dot hesitate to contact us.
Cheers
Bill EthierB.Sc - REALTOR®

Properties in Victoria Professionals- Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Sunday, 20 April 2008

Victoria BC Real Estate First Quarter update - Housing Market to Remain Strong

The Victoria Real Estate market has been very busy for us over the last few weeks. We have many new listings coming to the market and there are some good deals to be had out there.

British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC dipped 1.8 per cent to $8.9 billion during the first quarter, compared to the same period in 2007. Residential unit sales declined 13.5 per cent to 18,635 units during the same period. The average MLS® residential price in the province reached $478,423, up 13.5 per cent from the first quarter of 2007.
“The housing market lost some steam during the first quarter,” said Cameron Muir, BCREA Chief Economist. “Eroding affordability has squeezed some potential buyers out of the market, while uncertainty about the duration and impact of a weak US economy and housing recession likely has some consumers sitting on the sidelines.”
“Despite weakness in the forest sector, economic fundamentals in the province remain strong and continue to underpin housing demand,” added Muir. “A 25 per cent increase in the number of homes for sale is providing home buyers with more selection and reducing the chances of competing bids on the same property.”
March MLS® residential sales volume fell 12.4 per cent to $3.48 billion compared to March 2007. Residential unit sales declined 22 per cent to 7,128 units in March, while the average MLS® residential price increased 12.3 per cent to $488,796 compared to March 2007.


For more information on the Victoria real estate market please feel free to contact us

Cheers
Bill

Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals- Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Tuesday, 4 March 2008

Victoria Real Estate - Average House Prices Drop

The latest stats from the Victoria Real Estate Board have just been released and they point to a drop in the average house price from January ’s $606, 449. Does this mean we are on a down ward trend? Maybe the average price has dropped, but this is definitely not the best statistical measurement for house prices because of the skewing by some very expensive homes that can greatly affect the average price. The best indicator statistically is the median price - the middle number if you will, and this number has gone up from January’s 530,200. Maybe the very expensive homes are not selling as fast but the median price homes in Victoria are very hot right now. For more on last months statistics please see below.

The number of sales of homes and other properties in the Greater Victoria area moderated in February. There were 619 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in February, down from the 707 sales in the same month a year ago. There were 464 sales in January.

Victoria Real Estate Board President, Tony Joe, says the market continues to be well-balanced with strong demand for homes that are realistically priced coupled with a growing selection of available properties for sale. “The total number of properties available for sale rose to 3,311 in February - a 13 per cent increase over February of last year,” noted Joe.

Last month over 27 per cent of single family homes sold for under $450,000 while nearly 37 per cent of condominiums sold for under $275,000. At the higher end of the market, Joe noted that there were nine sales in Greater Victoria and one sale on the Gulf Islands of over $1 million.

The average price of single family homes sold in February in Greater Victoria was $587,295; the median price was $543,500. The six-month average for single family homes was $588,826. The average price of all condominiums sold in February was $333,408; the average for the last six months was $334,577. The median was again lower at $299,450. The average price of all townhomes sold last month was $422,607; the six month average was $426,685. The median price was $395,000.

MLS® sales last month included 316 single family homes, 177 condominiums, 73 townhomes and 13 manufactured homes.

If you have any questions or would like more information on these statistics please visit our website or the Victoria Real Estate Boards site for the latest stats and all the historical as well.

Cheers

Bill

Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals- Royal LePage Coast Capital Realty
Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Tuesday, 26 February 2008

Winter Recreational Property Prices Remain Red Hot During Canada’s Coldest Months

Canadians are committed to their winter retreats despite rising prices!

While sunshine states such as Florida and Arizona have long enticed Canadians to purchase their winter retreats in warmer-weathered American cities, the uncertainty clouding the U.S. housing market has many Canadians favouring properties north of the border. In fact, 36 per cent of Canadians who own a winter recreational property or who are considering purchasing one cite they are more inclined to buy a property in Canada than in the U.S. because of the economic uncertainty plaguing our southern neighbours, according to the 2008 Royal LePage Winter Recreational Property Report released today.

The 2008 Royal LePage Winter Recreational Property Report comprises a nationwide research poll of Canadians’ attitudes on the market (conducted by Angus Reid) and an analysis of recreational property prices, trends and activity in selected winter leisure markets across the country.

Sky’s the limit when it comes to buying mountainside For those looking to enjoy their own winter wonderland, Quebec, Ontario, Alberta and British Columbia offer the greatest selection of recreational areas, with real estate prices increasing from east to west. Strong demand combined with limited mountain-based properties has prices ranging from $180,000 to $850,000 in Quebec, $400,000 to $1 million in Collingwood, and $450,000 to $2 million in British Columbia for a standard detached, mountainside, three-bedroom chalet. A shortage of listings in areas of high demand, such as Whistler and Fernie, has led to property prices appreciating by as much as 10 and six per cent, respectively, in the past year.

“High levels of demand combined with limited inventory have pressured winter recreational property prices upward – a trend expected to continue well into the future,” said Lisa da Rocha, vice president, marketing communications, Royal LePage Real Estate Services. “Local buyers and foreign investors alike are taking advantage of Canada’s iconic snowy winters, and realizing winter recreational properties are a sound long-term investment.”

While snowfall levels in North America have decreased over the past few decades; when asked, “Are you less likely to purchase a winter recreational property if a reduced level of snowfall continues?” 66 per cent of Canadians who own a recreational property or are considering purchasing one are clearly committed to the cold climate and answered that regardless of snow, a winter recreational property would still be their winter retreat.

Not so little cabin in the woodsWhile everyone’s idea of a winter retreat may differ, there are a variety of property types available across Canada from rustic chalets to grand lodges to maintenance-free condominiums to satisfy every need. Canadians list their top three features as a traditional chalet structure with a rustic charm, extra rooms for guests and grand fireplaces.
Buyers in areas including Whistler, Vernon and Big White, are demanding luxury properties with features including granite countertops, heated floors and stainless steel appliances.

TOP SEVEN WINTER RECREATIONAL PROPERTY FEATURES*

Rank

1) Winter Recreational Property Features
2) Traditional Structure with Rustic Charm
3) Extra Bedrooms for Guests
4) Grand Fireplaces A Large, Open Great Room
5) Outdoor Hot Tub
6) Office with Internet Access
7) Professional Kitchen

*Among Canadians who own or are in market to buy

Added da Rocha: “Now more than ever, Canadians are placing greater emphasis on their living spaces. We are seeing huge demand for chalets to be outfitted with the highest grade of granite and marble, exotic wood flooring and other high-end features. Real estate is as much about style and comfort as it is bricks and mortar.”

Additional report findings:
More than four-in-ten (43%) respondents find the idea of owning a condo over a chalet attractive. Canadians aged 55 + (46%) find condos more appealing than standard chalets compared to those 35-54 years (38%), presumably for their maintenance-free lifestyle. However, in some markets such as Collingwood, there is an increased pressure on detached residences, versus the traditionally popular condominium.

Eight per cent of Canadians own a winter recreational property or are considering purchasing one in the next three to five years, with residents of British Columbia representing the largest purchaser population (13%) and Atlantic residents making up the smallest (4%). Quebec and Ontario residents comprise nine per cent and seven per cent of winter recreational owners and future buyers, respectively.

Winter recreational markets including Mont Tremblant, Canmore, Whistler and Fernie are increasingly attracting European buyers.

Poll Methodology
Angus Reid Strategies conducted the survey portion of the Royal LePage Winter Recreational Property Report from January 24-25, 2008. The poll was conducted on-line with a randomly-selected, representative sample of 1,455 Canadians survey respondents aged 18 year and older. The results have a maximum margin of error +/- 3.1% 19 times out of 20. The results among Canadians who own, or are considering a purchase of, a winter recreational property are based on a representative sub-sample of 130 respondents, with an associated margin of error of +/-8.6%, 19 times out of 20. The results have been statistically weighted according to Statistics Canada’s most current age, gender and region Census data.

About Royal LePageRoyal LePage is Canada’s leading provider of franchise services to residential real estate brokerages, with a network of over 13,000 agents and sales representatives in 600 locations across Canada operating under the Royal LePage, Johnston and Daniel, and Realty World brand names. Brookfield Real Estate Services Fund, a TSX listed income trust, trading under the symbol “BRE.UN”, manages Royal LePage.

For more information real estate in Victoria BC please feel free to contact us at http://www.propertiesinvictoria.com/

CheersBill

Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals - Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Wednesday, 30 January 2008

Dockside Green in Victoria, BC, in Wired Magazine's global race for first carbon-neutral community

Green, Green is on everyone minds. Twenty years ago it was three minutes to midnight and all the talk about the nuclear holicost and the end civilizations as we know it. Fast forward to today and all the talk (except in the last few weeks about the US recession) is how global warming, or as a good friend of mine says, global climate change, is the end of civilation as we know it. Not only is it on the minds of polititions, okay only some, it is also on the minds of our teck savy friends. Before it was will Deep Blue be the best chess player in the world to tech companies like Google trying to decrease the size of its carbon foot print with search engines like Blackle, and Wired magazine reporting on a real estate development in Victoria BC called Dockside Green, and its state of the art enviro-friendly development.

For further information on this cutting edge environmental mixed residential real estate development in Victoria BC see the latest media release from Tartan Public Relations below.


According to Wired Magazine, the race for the first carbon-neutral, zero-emissions community is on, and Dockside Green in Victoria, BC is in the running.

Wired lists Dockside Green as one of the Top Ten greenest neighbourhoods
- 'ecotopias' - in the world, according to the latest issue of the magazine.

Dockside Green is a mixed-use residential development in Victoria's inner harbour which has aimed to set the standard for green residential developments in North America and around the world.

"Eco-topias aren't just for hippies anymore and they're sprouting up worldwide. Today's eco-communities are less crunchy and a lot more high tech. In addition to using renewable energy sources, these projects aim to limit their impact on surrounding ecosystems by building with green materials, promoting earth-friendly transportation, and recycling water and waste," notes Wired's web site at wired.com.

"The 1,000 units in this $600 million development will be built with wood from forests that were submerged by reservoirs. Dockside Green will promote bicycle use and offer a carshare program..." according to the web site.

Other communities in the Wired race are in Abu Dhabi, United Arab Emirates; Cambridge, England; San Francisco, California; Freiburg, Germany; Vaxjo, Sweden; Chongming Island, China; Liuzhou, China; Costa Rica; and Libya.

Wired is the foremost technology magazine in North America with a
monthly circulation of more than 700,000.

For a link to the article, please visit:
http://www.wired.com/science/planetearth/magazine/16-02/st_infoporn

About Dockside Green:
Dockside Green is the largest development of city land in Victoria's history, with a vision to create a socially vibrant, ecologically restorative, economically sound and just community. Leading the way in North America - all buildings within the Dockside Green community are being built to platinum LEED (Leadership in Environmental and Energy
Design) standards, the highest level in this rating system.

Once complete, Dockside Green will be a community for approximately 2,500 people incorporating the very highest in green standards and will include residential, live/work, hotel, retail, office, light industrial uses and numerous public amenities on Victoria's downtown harbour. The first residents will take occupancy at Dockside Green in March 2008.

Media contacts:

Tartan Public Relations
Office: 250-592-3838

Trisha Lees, cell: 250-896-3838, trisha@tartanpr.com

Melinda Jolley, cell: 250-881-6270, melinda@tartanpr.com

For more information on the Dockside Green Development please contact Properties in Victoria Professionals. Yoour Victoria BC real estate team.

Cheers
Bill

Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals - Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.

Monday, 28 January 2008

Ecologically Friendly, Economically Smart – Green is the New Gold Standard for Outfitting a Home

Royal LePage Eco Home Survey finds 88 per cent of Canadians want green qualities in their home

In Victoria BC we are seeing the green development at its forefront with the anticipation of Dockside Green and its LEED standard, along with numerus other developments incorporating and enviroment frielndly code.

The Leadership in Energy and Environmental Design (LEED) Green Building Rating System, developed by the U.S. Green Building Council, provides a suite of standards for environmentally sustainable construction. Since its inception in 1998, LEED has grown to encompass over 14,000 projects in 50 US States and 30 countries covering 1.062 billion square feet (99 km²) of development area.[2] The hallmark of LEED is that it is an open and transparent process where the technical criteria proposed by the LEED committees are publicly reviewed for approval by the more than 10,000 membership organizations that currently constitute the USGBC.

Green friendly home improvements will likely yield a solid return on investment come selling time as almost three quarters of Canadians (72%) say they will look for a green-improved property in their next home purchase, and 63 per cent will be willing to pay more for an environmentally friendly home, according to the Royal LePage Eco Home Survey released today.

The Royal LePage Eco Home Survey, which examines the attitudes and opinions of Canadians with respect to green living, found that Canadians are willing to pony up cash for greener home features. In fact, of the majority of Canadians who are willing to pay more for an eco home, 62 per cent are willing to pay between $5,000 and under $20,000, for green features, while eight per cent (8%) of respondents are willing to spend $20,000 or more on a home deemed green.

“The mood of Canadian homebuyers and sellers is changing with the times - environmental concerns are impacting the decisions people are making about their dwellings. From simple energy conservation efforts to the more elaborate use of organic building materials, the environmentally conscious mindset that our agents are seeing in clients is not a passing trend,” said Phil Soper, president and CEO, Royal LePage Real Estate Services. “To service this growing segment of the real estate market, we are pleased to launch our partnership with the National Association of Green Agents and Brokers (NAGAB) as well as the green accreditation program. This program will educate and empower our REALTORS® and brokers, as well as consumers on how to make eco-friendly decisions when it comes to the home.”

Through various education courses funded in part by the Ministry of Energy, Royal LePage real estate agents will be trained by the National Association of Green Agents and Brokers to assess environmental elements within a home and identify properties that adhere to green standards. Royal LePage members who take the National Association of Green Agents and Brokers training will be easily identifiable though a special designation logo.

“Few people realize that residential, commercial and institutional buildings represent more than 33 per cent of our total greenhouse gas emissions,” said Elden Freeman, National Association of Green Agents and Brokers founder and executive director. “While it is unreasonable to completely reduce carbon dioxide created by homes, there are various practices homeowners can implement, such as installing high-energy efficient windows, doors and insulation, high efficiency furnaces and appliances, and water-conserving fixtures such as showerheads and toilets that will significantly reduce negative effects on the environment.”

While positive changes are occurring in the general population there is much work to be done. More than half (51%) of all survey respondents say they are very concerned about the environment and think we are in dire need of change some are not as quick to implement changes. When asked, “What is preventing you from making your home more green?” over half (54%) of respondents said it was too expensive to do, while 15 per cent said they have no idea where to start.

Added Soper: “Canadians need to know that going green can certainly be within their means and within their reach. There are many simple and affordable measures that can lead to big gains for the environment, and many of the practices can actually save homeowners money.”

Small Steps for Big Change

When it comes to describing how green their current lifestyle is, 72 per cent of Canadians say they engage in traditional recycling practices. Making a difference can be as simple as implementing small environmentally friendly practices. The most popular green modifications that poll respondents already implement in their homes include switching from regular light bulbs to CFL light bulbs (74%), adding window and door sealers to prevent heat loss (61%) and switching to high efficiency washers and dryers and using low flow water fixtures (54%).

Some homeowners are taking bigger leaps. Caryn Thompson, a Toronto-based health promoter and owner of an eco-friendly home, is among those Canadians that took on green modifications when she and her husband decided to renovate their home. To create their eco enclave they opted for highly energy efficient windows made with low-e glass that decreases heat gain in the summer and keeps the house warm in the winter, installed central air that uses puron, and have painted with low or no VOC (Volatile organic compounds) products.

“When we decided to renovate our home, we wanted to make choices that would have the least impact on the environment and create a healthy indoor space for us,” said Caryn Thompson.

Motivating Forces of Nature

When asked, “What is the most influential factor for making your home more or completely green?” 35 per cent of respondents cited they are doing it for their children so they inherit a healthy planet; 32 per cent are doing it for the cost savings; and one quarter (25%) are doing it for their health and to have peace of mind they are living the best they can.

Mature Canadians edge out the younger set when it comes to recycling. Respondents aged 55+ (77%) are more likely than those aged 18 to 34 years (67%) to engage in traditional recycling practices.

More women (31%) than men (18%) are going green for their health. Conversely, more men (41%) than women (23%) cite cost savings as the most influential factor for making a change.

Additional Poll Highlights
  • Atlantic (72%) residents are the most likely to pay more, whereas Ontario residents (60%) are the least likely to pay more for an eco-friendly dwelling.
  • Fourteen per cent (14%) of homeowners are already living in an eco-friendly abode.
  • The survey found that 16 per cent of respondents say they exercise their green side from time to time, when it is convenient, and only nine per cent (9%) claim to be at one with Mother Earth, and live a very green lifestyle.
  • Seventy-eight (78%) believe there is a direct link between the unseasonably warm temperatures and decades of the world's lack of awareness about the environment. Albertans are the most reticent about such a link, with 68 per cent of respondents from Alberta claiming to see a link, whereas 82 per cent of people in Quebec believe the two elements are related.


Poll Methodology

Angus Reid Strategies conducted poll portion of the Royal LePage Eco Home Survey, with fieldwork completed on Tuesday, October 16, 2007. The poll was conducted on-line with a national representative sample of 1,266 Canadians survey respondents aged 18 year and older. The results have a maximum margin of error +/- 2.75% 19 times out of 20.


About Royal LePage

Royal LePage is Canada's leading provider of franchise services to residential real estate brokerages, with a network of over 13,000 agents and sales representatives in 600 locations across Canada operating under the Royal LePage, Johnston & Daniel, and Realty World brand names. Royal LePage manages the Royal LePage Franchise Services Fund, a TSX listed income trust, trading under the symbol “RSF.UN.” For more information visit www.royallepage.ca.

About National Association of Green Agents and Brokers The National Association of Green Agents and Brokers (NAGAB) is Canada's largest non-profit association of real estate agents committed to reducing greenhouse gas emissions. The association's Greenrealestate™ curriculum provides an education and certification program for real estate agents. Through the association's innovative offerings, real estate agents promote the benefits of energy conservation to their buyers and sellers. The National Association of Green Agents and Brokers has over 15,000 affiliate members coast-to-coast and boasts support from major corporate and government sponsors. For more information visit www.nagab.org.

For more information on Enviromently friendly real estate projects such as Dockside Green feel free to contact us anytime.

Cheers

Bill

Bill Ethier B.Sc - REALTOR®

Properties in Victoria Professionals - Royal LePage Coast Capital Realty

Bill has been a REALTOR® in Victoria since 2006. Originally from the Vancouver area, Bill moved to Victoria to attend the University of Victoria where he received his Bachelor of Science. Not only does Bill have a wealth of real estate knowledge he is also an active member of the community. He is a member of Triple Shot Cycling Club, Island Road Racers and is the Race Director for the Sooke River 10K.