Building Links Blog
Read our blog to stay informed on the news for the construction and real estate industry for the Comox Valley, Campbell River, Comox, Port Alberni, Powell River, Tofino and Vancouver Island. Stay connected to get connected!
Around Town: Apartment Condos are Selling (but!) for Less in the Comox Valley and in Campbell River
In the apartment/condominium sector, the average prices of properties are down; 14% in the Comox Valley and 18% in Campbell River. The analysis from Kutyn Appraisers indicates that the market in Campbell River is balanced; although the Sell/List ratio is 64% in the...
Editor’s Note: Seven Standing Offers issued by 19 Wing/CFB Comox
In This Issue: Seven Standing Offers issued by 19 Wing/CFB Comox New Dairy Queen Restaurant to be built in Campbell River Village Hall meeting to be held in Cumberland on Feb. 1 Seven Standing Offers issued by 19 Wing/CFB Comox We have 12 new tenders in this issue,...
2015 Year-To-Date Construction Statistics for Campbell River and Courtenay, Comox, Cumberland, and the CVRD
The year to date statistics in our January 20, 2016 issue compares the permits and construction values of 2015 to 2014. Total construction values total $305 million; mostly due to the construction of the new hospitals in both Courtenay and Campbell River. Building...
Around Town: British Columbia Housing Starts to Remain Stable in 2016 and 2017
Housing starts in British Columbia are forecast to remain relatively stable, ranging between 25,500 to 34,100 units in 2016 with a point forecast of 30,800 units, according to Canada Mortgage and Housing Corporation’s Housing Market Outlook report. In 2017, housing...
Editor’s Note January 20, 2016: 2015 construction statistics available in this issue
Inside This Issue: 2015 construction statistics available in this issue, Deep Water Intake at Comox Lake plan nearing completion, and Renovation and addition at Toyota dealership in Campbell River moving ahead. 2015 construction statistics available in this issue We...
Tour the Newest Ocean View Show Home at The Gales in Ladysmith
The Gales in Ladysmith is now featuring its latest luxury show home. This 3,000 sq. ft. Built Green® custom patio home offers a home built with modern, environmentally-friendly materials and construction techniques in a spectacular setting. With ocean views, luxury...
Plans in Place for Phase IV of RiversEdge Development in Courtenay
Southwind Development Corporation expects to proceed with Phase IV of RiversEdge in Courtenay. Southwind has received approval for a preliminary layout review application to build 20 single family homes on a 5.24 acre site in this pre-planned residential development....
Around Town: Vancouver Island Real Estate Board Reports 2015 Sales Statistics
A total of 4,886 single-family homes sold on the Multiple Listing Service® (MLS®) in the Vancouver Island Real Estate Board (VIREB) region in 2015, an increase of 13 per cent over the 4,335 sales recorded the previous year. Both the benchmark and average prices...
Editor’s Note: January 13, 2016: Public hearing Wednesday January 20, 2016 for Berwick addition
In this Issue: Public hearing Wednesday January 20, 2016 for Berwick addition. Comox Marina Revitalization project to be tender-ready by late February. Campbell River requesting proposals for electrical engineering services A public hearing is being held on Wednesday,...
Around Town: BC Assessment Sends out Vancouver Island Property Assessments for 2016
During the first part of January, more than 360,000 properties throughout the Vancouver Island Region can expect to receive their 2016 property assessment notices which reflect market value as of July 1, 2015. The majority of residential home assessments within the...