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Victoria exploring ways to encourage construction of townhouses, duplexes

Victoria exploring ways to encourage construction of townhouses, duplexes
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Victoria aims to divert construction waste from landfill by deconstructing instead of demolishing

The practice could divert more than 3,000 tonnes of waste from the landfill, but comes at a higher cost than demolition, a staff report says. “It’s really addressing a major area of waste ­generation here in the city of Victoria, which is construction waste,” Rory Tooke, manager of sustainability, assets and support services, told council this week. “It is ­identified as probably one of the most ­impactful initiatives we can take when it comes to waste production.” Up to 37 per cent of the city’s landfill material comes from the construction sector, and about half of that waste is generated through demolition, said Christine Woodhouse, the city’s sustainable waste management specialist.

Master-planned community at Royal Bay the ideal place to buy your dream home

With remote work likely here to stay, our homes are becoming more important than ever. If you’re looking to buy in an ideal planned community, you don’t want to miss out on an upcoming opportunity to own a home in GableCraft Homes’ Royal Bay development. So far, all offerings in Royal Bay have been sold out. The upcoming release of a new single family phase including over 50 homes is slated for late spring, while GableCraft is also preparing to release its newest 83-unit townhome development, The Coral, within the next week. “Royal Bay has become one of the most desirable locations in Victoria for a new home,” director of development Ben Mycroft says.

Most houses selling for over list price in red-hot Victoria market

These days, it’s the norm for sellers to hold off offers for a few days, then receive multiple competing offers at once – most with no financing or inspection conditions attached. Langlois said 65 to 70 per cent of single-family homes sold in the region are going for above the listed price. “We are massively undersupplied and we have tremendous demand and pricing is very difficult in this market.” As of the end of April, just 1,133 homes were listed for sale in the region, a sharp drop from the 2,300 listings at the end of April last year. Sales have been brisk 1,173 properties changed hands in March, a 92.9 per cent increase from the 608 in March 2020.

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