{"id":1156,"date":"2017-11-09T20:15:30","date_gmt":"2017-11-09T20:15:30","guid":{"rendered":"http:\/\/www.chrisbrownrealestate.ca\/blog\/?p=1156"},"modified":"2017-11-09T20:34:04","modified_gmt":"2017-11-09T20:34:04","slug":"squamish-pre-sale-development-market-update-november-2017","status":"publish","type":"post","link":"https:\/\/www.chrisbrownrealestate.ca\/blog\/squamish-pre-sale-development-market-update-november-2017\/","title":{"rendered":"Squamish Pre Sale Development Market Update November 2017"},"content":{"rendered":"
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Seven peaks by Polygon Homes. Now Sold Out. Looking for a Townhome in Squamish? Contact Chris for current availability.<\/p><\/div>\n

Looking for a pre sale townhome or apartment in Squamish, B.C.? The following developments are actively selling and worth a look:<\/strong><\/p>\n

http:\/\/amaji.ca\/<\/a><\/strong>
\n– pre construction wood frame apartment homes
\n– pricing from the mid $400’s
\n– downtown Squamish
\n– 75% sold out<\/p>\n

https:\/\/thelaurensquamish.com\/<\/a><\/strong>
\n– pre construction wood frame apartment and loft homes
\n– call for pricing and availability
\n– downtown Squamish
\n– 90% sold out<\/p>\n

http:\/\/targethomes.build\/breeze\/<\/a><\/strong>
\n– pre construction wood frame townhomes and loft apartment homes
\n– phase 1 sold out. phase 2 now selling
\n– lofts from the mid $500’s. 3 bed townhomes from the low $600’s
\n– many homes with private roof top terraces!<\/p>\n

http:\/\/vantagesquamish.com\/<\/a><\/strong>
\n– pre construction wood frame apartments and townhomes
\n– 90% sold. Sales centre closing end of November
\n– 1 beds from the mid $400’s
\n– excellent downtown location close to shopping
\n– unique townhome feel apartments<\/p>\n

http:\/\/skyridgesquamish.com\/condos\/<\/a><\/strong>
\n– pre construction wood frame view apartments
\n– 80% sold. Previews by appointment
\n– 1 beds from the mid $400’s
\n– Garibaldi Estates \/ Highlands location in brand new sub division<\/p>\n

Recently Sold Out Communities<\/strong><\/p>\n

http:\/\/www.polyhomes.com\/community\/seven-peaks<\/a><\/strong>
\n– 3 bedroom wood frame townhomes
\n– developed by Polygon Homes, BC’s largest home builder<\/p>\n

http:\/\/themainsquamish.com\/<\/a><\/strong>
\n– one to three bedroom apartment homes
\n– developed by Gravitas
\n– Downtown Squamish locaiton<\/p>\n

https:\/\/www.eaglewindsquamish.com\/<\/a>
\n– multi phase 25 acre master planned townhome community
\n– developed by Solterra
\n– walk to Downtown Squamish location<\/p>\n

There has been a steady stream of pre construction new home inventory added to the squamish real estate market in 2017 that has been absorbed fairly quickly\u00a0by first time home buyers and investors. Many of the development projects have been achieving sell out within a few months of coming to market.<\/p>\n

Pricing for pre construction apartment homes has been steadily increasing and is averaging around $550 – $600 per square foot – almost $200 a square foot lower than in North Vancouver for similar product. Townhome pricing seems to be settling in the high $400’s to low $500’s per square foot range. You can likely pick up a brand new 3 bed townhome in Squamish around $600,000. Larger executive three bedroom townhomes will start around $700,000.<\/p>\n

With low rental vacancy rates, 1 and 2 bedroom rents only slightly below North Vancouver and no 15% foreign buyer tax, the investment buyer has been very active in Squamish. I forecast that to continue as supply is slow to come to market and many Buyers who are being priced out of Metro Vancouver see Squamish as a bedroom community with great access to out door amenities and lifestyle. Whistler is only 30 away by car and North Vancouver is 4-45 minutes away.<\/p>\n

If you are interested in Squamish real estate, pre sale or existing move in ready homes, please fill out the form below and Chris will follow up with you to discuss your options.<\/p>\n

Chris Brown PREC<\/strong>
\nVPG Realty Inc.
\nc. 778.881.0673
\ne. chris@chrisbrownrealestate.ca<\/p>\n