For the average Vancouver family, finding adequate living space in the city at an affordable price is getting harder and harder.
“It comes down to supply and demand issues,” says Perdip Moore, of PD Moore Homes Inc. “There’s not a lot of supply because the city is slow to issue permits, and there’s not a lot of places to go to build, so prices keep going up.”
With its custom-built small space solutions, PD Moore Homes Inc aims to address the shortage in housing options by helping homeowners maximize the space and value of their existing properties.
“What we’ve found, especially after the pandemic, is that a lot of people realized they didn’t want to live in condos anymore,” Moore explains. “They want other options with extra space for home offices and back yards for socializing and for kids to play. Duplexes and laneway homes provide those options, at a more affordable price tag than a single family home.”
A trend Moore frequently saw was adult children selling their condos and returning to their parent’s property, where they could build a brand-new laneway house for half the price of a condo.
“For half the cost, you get something bigger. You don’t have to worry about strata fees, and you get to be closer to family,” Moore says.
Maximizing space without sacrificing substance
PD Moore Homes is backed by over 20 years of trusted expertise in building boutique custom homes, duplexes, and laneway houses, that bring together the finest craftsmanship and utilize the latest construction techniques. Its award-winning team collaborates with top-tier professionals to create dream homes within clients' budgets.
"We've taken the time to learn how to build efficiency in smaller spaces and maximize how you can use the space," Moore says.
"There's an art to maximizing space in a smaller structure."
Building laneway homes or carriage houses behind an existing property requires a specialized set of trades to ensure the project runs smoothly. PD Moore Homes specializes in small spaces and have been honing its craft for over two decades, which means the company can offer fixed-price projects.
“We’re not doing large, four to 5,000-square-foot homes. We focus on multi-generational living, income-producing properties, and taking advantage of what your current property can do for you,” Moore says.
“One of the advantages of building with us is that because we specialize in this, we can provide fixed-price construction. That takes a lot of the guesswork out of what it will cost clients. And, quite often, our clients find the construction cost isn’t as high as they expected.”
The support of fixed pricing at the beginning of the project helps homeowners who are building with an eye to investment. For those looking to maximize their properties, Moore has seen many clients successfully turn their single-family homes into duplexes. After stratifying the property, they can sell off the second unit.
“They’re essentially upgrading to a new place that often has the same amount of space and sometimes get extra money to put in their pockets,” Moore says.
To learn more and plan your free laneway home estimate today, visit moorehomesinc.com.
