Friday, June 19, 1998 — North Shore News — 51 eeoeoeeevevnaneuacsrneeeceaonuteseeasaeeoaesane e¢eogeteoseoaeeeseneecveeeeaesveseveseeeoeneneveaeeonvneseeneteHReoevooneeeaneeoeouvuavnee Taste and need selis yt ur h Market residence to specific consumer groups THE housing market in B.C. is going through a transition, out it isn’t only because of economic con- ditions, says Charles King, the B.C. regional economist for Canada Mortgage and Housing - Corporation. — “The B.C. Housing Market is also facing big changes in consumer profile,” he says, referring to Statistics Canada Census data on B.C. households which was reteased on June 9. The data information showed that Vancouver resi- dents are more likely to be single, live in pvo-bedreom homes ‘and pay mere than 30% of their income on housing, than residents in other B.C. cities. “People wha live in the suburbs are more likely to own their home, and this home is likely to have three or more bedrooms and de in less need of repairs than the typical home in che urban core,” says King. “Overall, the Statistics Canada data shows thar che typical Canadian household is becoming more distinct and diverse. This has a tremendous impact on sehing coods andl services.” But wiiat.dogs shis mesn for to. buy-or self a honv? “In these to cconomic Tnes, sor suovers know what they want and tbat they aren’t willing to pay for things they don't wast. People may dike a yellow color scheme but this doesn't n they are willing to pay for 24-Karat oid wallpaper, ‘The ovarket is redefining itself. Each hame muvit reach 3 specific consume? group. The average person trying te sell their home should re ally be cau tious about making any renovations co entice a buyer,” advises Kinng. King looks at new housing projests wound thr province and believes urat con- those trving, “The average person trying to sell their home should really be cautious about making renovations to entice a buyer.” sumers plas a high importance on the tol lowing housitg features: @ Kitchens that cans living and entertaining. M Access to outside and opportunities to gar- den. A tron: door ani rover that creates a dis- tinctive entranceway. B A good color scheme on the interior and exterior. @ Excellent surface grading and roofing thar promotes drainage. @ High quality siding and strategies to prevent warer damage. fi Natural lighting sources LO create spaciousness B Sophisticated plumbing fixtures and suthicient electri cal outlets. @ Landscaping, fencing and alarm systems that enhance security. ® Ample closet and sier, space, as well as in-suite laundry, @ Interesting doonng mate- tials including hardwood floors and tiles ® High quality heating sys tems and gas fireplaces, Kind encourages consumers who are ineing of purchasing anew home to “make r own checklist of features. Making a ps people to focus on what features are Wwoimportant. Prospective buyers should think fong-term because comdeminivear awo ers will likely stay in their home tar up to tive years. while the typical single fimily home owners cain expect Co remain in their new home for 10 oar more vears.” And for those thinking: of selling a bome, “nw advice would be to bring taends aa and condiict a privaty “focus group” to understand the strengths and weaknesses of the toate,” he says, “Rach homebuser is unique ai. o3 home nist be an exerese in cle : standing what people want,” he ade aiatted of Caste and need.” Cem earerereceereserHerns as the rocal potat of SADRU Mitha, president of : Photo Prudentiat Sussex Realty *rydential Sussex Realty and a realtor in the North Yancouver office, completes a leg of the 24-hour relay at Swanguard Stadium last weekend. The relay team raised more than $7,300 for children with disabilities. Relay realtors run for kids Ogana Lancaster News Reporte: deana@nsnews.com FOR the fifth year in a row, the realtors of Prudential Sussex Realty have proven their hearts are in the right place. “Esa tin event,” said reaiter Grint Botta just days ater complonag the 24 -bour refas held at Swanguard Stadium in Burnaby bo benefir the BoC) fans for Children wath Disabthities “Podunk sa preaceharity = we're help. inp these kids langh and have fun, doing things we take for granted,” he added. Betta, along woth Lain Edaonds, bet his sear’s Prudential Sussex (cane of 20 runners, plus pledge collectors, ta a fundraising total of more than $7,300 — to rake rop fundraising team honors in the real estate division. The pair spent ups ards of 100 hours orga- miding the team and motivating its members te can and cto collect pledges. Vhe entire event raised more than S11] milion, Tre money goes directly to Raster Seal cups, where children with disabiities can enjoy suammer camp with ab its related activi: bee canocing, swimming, campfires, games and fun. ‘Lhe Prudential Susses roam also clocked ist ascone of he tastrest reams at dhe relay with more than 191 aniles completed ia che 24- hour period. fewltantt ace! Feature Listing 5476 West Vista Court A Quality View ADDRESS: 5476 West Vista Court Pama te cea re reese eet esteresuseeaeeeaaices LOT SIZE: 12,419 SQ. FT saver oem eee re rae terevuserae INTERIOR SIZE: 3234 SG. FT. Pee eee PCeP errr rere reer rere cere ee eee eres NUMBER OF BEDRHUOMS: 3 DOO A emer rer serene ee eseaeerareeeenesrenses NUMBER OF FLOORS: 2 ASKING PRICE: $1,380,000 LISTING AGENT: Brent Francis, 623-5700 SPECIAL FEATURES: Spectacular view, unsurpassed finishing. The perfect executive retreat. Top level finishing on the inside, panoramic western ocean view on the outside. Master bedroom suite extends full width of the home and has separate sitting area, fireplace and spectacular ensuite with walk-in shower and double jacuzzi soaking tub. Spacial features include 4 gas fireplaces, sub zero, air conditioning. Brant Francia Sutten Group- Sontinei Realty