Laneway Homes Vancouver
At Vancouver Custom Home Builders, we make custom built laneway homes that are constructed to stand the test of time. With our top of the line craftsmanship, we will build a truly unique addition to your property. In the summer of 2009, the City of Vancouver approved the construction of laneway homes on lots where a garage would normally be placed. The province found that constructing laneway homes create a great source of affordable rental units for urban residents in a sustainable manner. The province has moved in this direction as people in Vancouver are having difficulty living in their own city. Laneway homes provide an affordable second home option on single-family lots while still giving people in the unit privacy and some green space. Homeowners can also use a laneway home as a rental unit for a secondary source of income.
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Laneway Home Construction
Who can benefit from a laneway home? A laneway home can be a way to expand the livable space on your property typically in the backyard of your existing home. Laneway homes can be an excellent way for families to live together in the same area but under a different room. This is a great option for providing affordable private living space for adult children, family members, elderly parents, or care givers. While some homeowners use it as a way to provide family with a private space, others will use it to generate income from renters or vacationers via AirBnb. This secondary income source can help with an existing mortgage or help for a retirement fund. Not only will a custom laneway home provide you with a secondary source of income, you’ll see an increase in your property value as well.
Laneway homes also offer the city a way to drive eco-density in neighbourhoods. The goal is to expand housing choices by adding units to single family neighbourhoods while retaining its character. The “eco” part comes as we are able to reduce the city’s carbon footprint by providing access to homes for more people around transit hubs. The overall vision is to help local Vancouverites with affordable living options while keeping Vancouver one of the most livable cities in the world. There are certain requirements and eligibility criteria, on top of building permits for starting a new laneway home project. Our house builders will lead you in the right direction as we have years of experience in this space. We’ll first make sure your property is eligible for a laneway home and then give you an outline of the specs you can have for your project. Custom built laneway homes are exciting projects as you can get creative with the interior look and feel. At Vancouver Custom Home Builders, we have years of experience in all types of custom builds and renovations. If you’re thinking or wondering about getting a build down, don’t hesitate to reach out to us. We can’t wait to work with you on your next project. |