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Laneway Homes Development

All about Laneway Homes Development

August 16, 2022

By definition, a laneway home is a dwelling constructed within your existing lot, generally at the back of your property. Laneway homes are only permitted in association with a house, and cannot be owned separately from the main house and strata titled. That said, you cannot buy a laneway house on its own. Homeowners in Vancouver are allowed to build laneway houses, as long as they meet zoning and building bylaws. Laneway homes development cost in Vancouver is estimated to range from CA$100,000 – CA$300,000 and takes less than 1.5 years to complete.

Benefits Coming with Laneway Homes

As you may already know, the major advantage of this type of property is the additional income. Needless to say, owning a property in Vancouver is expensive, so renting laneway homes will surely provide you with another income stream that helps alleviate the monthly mortgage payments of your main house or other living expenses. On top of that, your property value might also rise when it comes to an additional dwelling.

Besides owning a regular house or renting a basement suite, a laneway home is an urban housing option that allows you to live in a detached and ground-based rental unit. It’s also a wise choice for multigeneration families since you’re able to live close to your parents, adult children who want to live independently, or occasionally host visitors.

Steps of Laneway Homes Development in Vancouver

  • Step 1: Get the Required Permits

First, you need to contact a home builder for consultation as well as details about the building process. There are two permits that you need to get, a building permit and a development permit. Regarding the building permit, your home builder will apply for it by providing a design blueprint that qualifies the building regulations of the city. However, in terms of the development permit, your project, unlike a regular home renovation, must accommodate the local zoning requirements, which your home builder can assist you to acquire as well.

  • Step 2: Plan and Design

In this stage, you’ll work with your designer and home builder about what your desired laneway home would look like. Specifically, like a house-building game, you will be walking through all the ins and outs, from the envelope to the very finishing touches like paint colour, floor materials, and kitchen countertops.

  • Step 3: Build

After planning, your builder would manage the project by hiring and scheduling the trade, as well as take whole responsibility for obtaining the necessary supplies and materials for the building. It’s important to regularly keep in touch with your builder during this stage, since if there’s miscommunication or whatever issue arises, you can jump in and address it without any delay, making sure you can get the house up to your expectation and in due time.

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