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Tag: north shore

  • Best places to buy real estate in Metro Vancouver – MoneySense

    Best places to buy real estate in Metro Vancouver – MoneySense

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    Between December and January, the benchmark home prices in Port Coquitlam and Coquitlam increased by about 3% and 2%, respectively. In Port Moody, the benchmark home price dipped by about 1%, but home prices will likely climb as the spring market kicks off.

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    Burnaby, New Westminster and Richmond, B.C. 

    The city of Vancouver is bordered by Richmond to the south, and by Burnaby and New Westminster to the east. Burnaby and Richmond are B.C.’s third- and fourth-largest cities, respectively, each with a population above 200,000.

    Best places to buy real estate in Burnaby, New Westminster and Richmond 

    In the table below, you’ll find the top neighbourhoods for real estate purchases in Burnaby, New Westminster and Richmond. To view all the data, slide the columns right or left using your fingers or mouse. You can download the data to your device in Excel, CSV and PDF formats.

    Source: Zoocasa

    Top three neighbourhoods in Burnaby, New Westminster and Richmond

    Situated in Richmond, Hamilton is just north of Annacis Island and the Annacis Channel, and west of Queensborough. Hamilton’s 2023 benchmark home price was $947,750 as a result of a consistent and stable increase in property values. The benchmark was 3% higher than in 2022, 37% higher than in 2020, and 22% higher than in 2018. This trend contributes to Hamilton’s impressive value score of 4.6.

    Hamilton is a distinctive neighbourhood with a blend of residential properties, predominantly single-family homes, alongside businesses and recreational facilities. It offers various amenities such as the Hamilton Community Centre, Hamilton Highway Off-Leash Dog Park, and the Bridges Marina. The neighbourhood boasts several parks, including the well-kept and popular Hamilton Community Park. Locals appreciate the trails that lead to the waterfront, a popular spot for dogs to take a swim. Hamilton has the highest percentage of households with children (57%) in this part of Metro Vancouver, by a significant margin. Families can send their kids to Hamilton Elementary School, the Choice School for Gifted Children, or Queen Elizabeth Elementary School. However, Hamilton has the third-worst accessibility score among the three cities, at 0.3.

    View Hamilton real estate listings on Zoocasa.


    In the southwest corner of Richmond lies the historic community of Steveston, where the powerful Fraser River meets the Pacific Ocean. Steveston is bordered by Williams Road to the north, the Fraser River to the south, No 2 Road to the east, and the Strait of Georgia to the west. The neighbourhood’s 2023 benchmark home price was $1,529,183, considerably higher than those of surrounding neighbourhoods. Home prices in Steveston Village have been on a slight upward trajectory. The benchmark home price was 1% lower than in 2022, but 28% higher than in 2020 and 17% higher than in 2018. As a result, Steveston has a modest value score of 2.0. However, it has by far the highest neighbourhood economics score in the region (5.0), which helped push it to the top. 

    So, what brings buyers to this neighbourhood? Following the closure of the fish canneries, significant residential development has transformed the area, with the emergence of new luxurious condominiums and townhomes reshaping the landscape. Residents benefit from outstanding local dining options, unique boutiques, a picturesque boardwalk that is popular among both tourists and locals, beach access, parks, playgrounds and biking trails—all enhancing Steveston’s charm. While primarily residential, Steveston has several parks near schools like Diefenbaker and James McKinney Elementary, along with the expansive Manoah Steves Neighbourhood School Park, which features four sports fields, three ball diamonds and a playground. The neighbourhood has one of the highest concentrations of households with children (49%).

    View Steveston Village real estate listings on Zoocasa.


    Nestled in North Burnaby, the Brentwood Park neighbourhood has traditionally offered a balanced mix of affordable single-family detached homes and condominiums. With The Amazing Brentwood housing spectacular developments, Brentwood Park is poised to become one of the largest urban destinations in North America. In 2023, the neighbourhood’s benchmark home price stood at $881,425. Home prices in Brentwood Park haven’t risen as rapidly as those in other neighbourhoods on our list. The 2023 benchmark price was 1% lower than in 2022, 18% higher than in 2020, and 11% higher than in 2018. This translates to a value score of 3.2. But Brentwood Park has one of the highest neighbourhood economics scores, 3.1, in this part of Metro Vancouver, behind only Steveston. 

    The neighbourhood boasts stunning views of Burnaby Mountain and the North Shore Mountains. Beecher Park offers forested areas, a sports field, a children’s playground and Beecher Creek, a local salmon spawning habitat connecting to Still Creek. Eileen Dailly Leisure Pool & Fitness Centre is well known for its swimming pool, children’s water play area, sauna and steam room, weight room, and more. The area is also home to the McGill Branch of the Burnaby Public Library. Public schools in Brentwood include Brentwood Park Elementary, for kindergarten to grade seven, and Alpha Secondary School, which offers an advanced placement program allowing students to take college-level courses while still in high school.

    View Brentwood Park real estate listings on Zoocasa.


    What happened in the real estate markets of Burnaby, New Westminster and Richmond?

    Real estate activity was stable in all three cities last year, and there was much less fervour compared to previous years. Home prices experienced modest price growth from January to December 2023, though this was due more to tight competition than increased demand. 

    Burnaby East experienced the most price growth, with the benchmark price rising about 7% from January to December. But the area is also the most expensive, with a December benchmark price of $1,157,400. New Westminster had the most affordable homes, with a benchmark home price of $815,600 in December, up about 4% from the beginning of the year. In Richmond, the benchmark home price rose from $1,109,200 in January to $1,153,400 in December—an increase of about 4%. 

    “Interest rates played a pivotal role in shaping affordability [in these areas], and there was a noticeable withdrawal from the market among potential buyers,” says Pershick. For the three cities combined, total home sales across all property types in 2023 came in below 2022 levels.

    What’s next for real estate in Burnaby, New Westminster and Richmond?

    Between December 2023 and February 2024, benchmark home prices in all three cities inched upward, suggesting a stronger start to the year than in 2023. Of the three, Richmond’s benchmark price increased the most, rising about 2% to $1,173,100 in February. Burnaby South has also experienced a decent increase, with the benchmark price rising by about 2% to $1,113,500 over the same period. 

    As of February, year-to-date sales for detached properties in Burnaby and Richmond are up compared to 2023. However, it’s Burnaby condo apartments that have gotten the most attention, with year-to-date sales up by about 19%. 

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  • Business briefs

    Business briefs

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    PEOPLEGreg Stevens was recently announced as the new president at Cabot Wealth Management. Rob Lutts and the firm’s managing partners made the announcement last week. It was effective Jan. 1. Stevens has been with Cabot for 20 years and has been instrumental in managing the growth and success of the firm over those years. He takes over the role of president from Lutts who founded the firm in 1983. Lutts will remain with Cabot as part of the management team. “I am confident that Greg will be a solid leader for the firm and, along with other senior leadership, will continue to ensure that our key focus is the same as it has been for 40 years — doing everything we can to help our clients achieve their goals,” said Lutts. The firm, based in Salem, is a leading wealth management firm that provides a wide range of services including investment management, financial planning, estate planning, tax filing and planning. Cabot is a national firm that serves clients across the country.

    Aubrie L. Gallagher recently joined Downey Law Group, LLC/DLG Closing to its law practice based in Topsfield and Haverhill. Gallagher is an experienced estate planning, probate, and trust administration attorney, having practiced as a solo practitioner for over 10 years. An Amesbury native, she graduated from Massachusetts School of Law in 2011. She comes from three generations of estate planning and probate attorneys, following in the footsteps of her mother, attorney Janice Weyland Sinclair, and her grandfather, attorney Wendell P. Weyland, who was a CPA and estate attorney in the Topsfield/Boxford area. Gallagher lives in Amesbury with her husband and family.

    Hancock Associates, a leading provider of land surveying, civil engineering and wetland science services, has announced the semi-retirement of Don Frydryk PE, PLS. Frydryk joined Hancock Associates, which has offices in Danvers, as a Regional Office Manager when the firm acquired Sherman & Frydryk, LLC, a land surveying and civil engineering firm located in Palmer. He will continue in a smaller, part-time role as Business Development Coordinator and focus on business development for Hancock’s western Massachusetts offices and mentoring staff.

    MILESTONESConnolly Brothers Inc., a construction management firm based in Beverly, recently completed a 52,000-square-foot design-build fit-up project for Calare Properties. The facility, located in Milford, will serve as a new state 911 Public Safety Answering Point, State 911 Training Center, Municipal Police Training Committee Academy and offices for the Massachusetts Department of Correction Professional Standards Unit. The two-story building was vacant for seven years, presenting challenges for Connolly’s design team. At first, it was critical to ascertain an understanding of the existing infrastructure, such as underground plumbing and structural components. Connolly proceeded to update the structural requirements, such as reinforcing second-floor and roof bar joists, strengthening steel column brace frames and creating four new grade beams, in order to meet updated building code requirements for use group risk category of the building. Connolly provided additional accessible entrances and replaced the exterior stairs with new granite. The electrical requirements to support the 911 Communication Center required a high level of coordination between Connolly’s design and construction teams, as this included design of 22 workstation consoles that support the intricate technological infrastructure needed to support the operating requirements for a 911 emergency dispatch center. Connolly served as both Architect of Record and Construction Manager for this design-build project. The project team also included Platinum Fire Protection, D+D/DNET and Tech Mechanical.

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  • “#DoItForVeezy”: North Shore community mourns death of Jarvon Coles

    “#DoItForVeezy”: North Shore community mourns death of Jarvon Coles

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    HOUSTON, Texas – Just three months after appearing in the 6A Division I State Championship game, the North Shore High School football community faced unspeakable tragedy.

    On Saturday night, North Shore senior Jarvon Coles was killed in a drive-by shooting near a house party in Humble, Texas.

    Coles, 18, played linebacker for the school’s football team. He was a team captain, had a 4.2 GPA and landed offers from multiple colleges across the state to continue his football career. Coaches and teammates said he had decided to play at Lamar University.

    Standing at 5-foot-9 and weighing 190 pounds, he didn’t have the size of a traditional linebacker, but he savored the opportunity to prove his doubters wrong and outwork his peers.

    “All my football career from little league on I have heard that I was not good enough for one reason or another, too short, too slow, to light etc. [sic],” his Hudl profile bio read. “But I have proved them wrong at every level.”

    Defensive Coordinator Garrett Cross knew Jarvon for six years and attested to his desire to lead by example on and off the field.

    “He just did everything right,” Cross said. “He took care of business off the field. He never got in any trouble. That’s what we all hope for when we raise our own kids. We want them to grow up to be guys just like him.”

    His endless motor and can-do attitude resonated with his coaches and teammates, and many of them have paid tribute to him on social media.

    Assistant offensive line coach Kyle Herridge called him a “truly incredible human being” in a Tweet.

    Junior edge rusher Cedric Henderson posted a video of Coles’ highlights with the caption “#Doitforveezy”, a reference to his nickname.

    Senior linebacker and Lamar commit Dillon Dixon posted photos to tribute Coles and referenced their shared desire to play football together at Lamar after graduation.

    Cross said everyone on the team is hurting, but he knows Jarvon’s legacy will live on at North Shore for years to come.

    “He was loved by so many,” Cross said. “His spirit is going to live on. I know he won’t be with us physically, but his spirit will be with us for a long time.”

    Copyright 2024 by KPRC Click2Houston – All rights reserved.

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  • Business briefs

    Business briefs

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    PEOPLEIan Staber recently joined SV Design in Beverly as the project manager for the firm’s commercial architecture team. Staber brings 13 years of experience ranging from architectural design, kitchen and cabinet design, project management, and facilities management, having worked for multiple firms between Connecticut, the Boston area and Colorado. As project manager at SV Design, he oversees several local, affordable housing developments and is working on multifamily and institutional projects from conception to completion. Staber has a bachelor’s degree and master’s in architecture from Northeastern University. Most recently, he had worked with Seger Architects in Salem on projects ranging from office fit-outs, multifamilies, dormitories, and restaurants. He lives in Salem with his wife and two kids. On the side, he creates custom calligraphy designs and paints large scale murals as Esoteric Calligraffiti.

    Lou DiFronzo, Matthew LaLone and Carole Wedge were recently elected to the board of directors for Northeast Arc, a nonprofit organization based in Danvers that serves children and adults with disabilities. DiFronzo, who lives in North Reading, is a partner at Seyfarth Shaw, LLP, and provides advisory legal services to his clients concentrating in commercial transactions and general outside counsel counseling to private companies. He has been involved in numerous complex financing and M&A transactions helping his clients to achieve their business objectives. LaLone, who lives in Melrose, is President of Administration and General Counsel at Energy North, one of the largest wholesale distributors of fuel in New England and Upstate New York. It also operates and owns 70 gas stations, convenience stores, car washes and food service locations as well as providing 45,000 households with heating oil and propane. Wedge, who lives in Concord, recently retired as a principal at Shepley Bulfinch, a national design firm with studios in Boston, Durham, Hartford, Houston, and Phoenix. As the former president and CEO, she is recognized for her leadership in the firm’s evolution and growth into an innovative organization with an open and diverse culture.

    MILESTONESWilliam Raveis Real Estate recently won the National Top Brokerage Award at Inman Connect in Las Vegas. Since 1998, the Inman Innovator Awards have honored companies, individuals and new technology that increases productivity, efficiency and transparency for consumers and real estate professionals alike. Out of more than 150,000 real estate firms in the country, only a handful of companies meet the criteria to qualify. Inman’s highest honor of “Top Brokerage 2023” was awarded to Raveis, which has been a real estate industry leader for 50 years. “We’ve been on a winning streak with number one for global, HGTV Ultimate House Hunt, best local agency awards, and now we are officially the number one real estate company in the United States,” said founder and CEO William “Bill” Raveis. “We are very proud to be recognized and owe our outstanding success to the wonderful sales associates and employees at William Raveis.” The company has more than 4,500 sales associates, 400 employees, and over 140 office locations from Maine to Florida, with local offices in Marblehead and other North Shore communities.

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