Being a Remax realtor in Vancouver offers insight into the wants and needs of the city. Global shifts, market trends and new, emerging needs. Whether its exploration into laneway homes or coach-houses, Fraser Condos, 2 bedrooms on Main Street and East Vancouver townhomes, Matt Henry is constantly aware of the pulse of the city and its residents desires.

The newest kid on the block to watch now is the significance of the home office!

Home offices have become coveted real estate, with a new demand from so many professionals adjusting to working from home.  The Matt Henry Team @ Remax gives insight into how this current upswing is adding to property value: 

“Main Street real estate and the surrounding East Vancouver areas of Cambie Street and Cedar Cottage, continue to be highly desirable places to live.  Now we are seeing a new factor adding to their importance; space for a home office.  A year into the pandemic, we are at a time when some peoples’ jobs have gone completely remote for the foreseeable future, so if you’re a homeowner ready to sell and you have that great little nook, alcove or spare room that could be perfect for a home office, you’ve just added to your point of sale greatly. Even for owners looking for renters, this same principle applies. Real estate ties itself to the trends and right now we are seeing a real need for that extra little bit of space to work at home.” - Matt Henry.

So this is great, for people selling but what about people who are renting? Is there benefit on their side too? Well in short, yes. As people shift from heading out to the office to now working from their homes, they can look at writing off workable space at tax time.  We encourage everyone to check with your accountant or investigate through the Canadian government’s website for how to proceed.

These are unpredictable times and we’ll take the wins where we can. Although working from home is causing adjustments beyond what we realized, we are now able to see benefits from this change for both sellers/buyers and renters alike.

As always, the Matt Henry Team @ Remax is here to work with you, helping you to achieve your Vancouver real estate goals.

Matt Henry Team | homes@matthenry.ca | matthenry.ca | Instagram | facebook

"Let’s talk density in Cedar Cottage.  Or lack thereof.  In many areas of the city there is a “missing middle” in housing availability, which consists of housing options such as duplexes, town-homes, multiplexes, laneway homes, coach homes and live/work spaces.  Action has been taken to address this need with recent focus being in East Vancouver’s Kensington-Cedar Cottage area.  

The City of Vancouver has proposed the “Making Room Housing Program” which is set to rezone the Kensington-Cedar Cottage area, thus allowing dwelling options that fit into that “missing middle” sector. 

This is great news for people who have outgrown their midrise units, but aren’t yet ready to get into a single detached home.  This approach not only offers affordability options and increased housing choices in the Kensington-Cedar Cottage property for sale market, but also encourages more community living which is great for an already community focused neighbourhood.

East Vancouver Remax Realtors see this upcoming rezoning as an excellent move by the city to increase supply and diversity in housing options and also increase opportunity to provide secondary rental housing options by way of new builds with locked off suites, multiplex builds, and laneways or coach homes for sale.

Kensington-Cedar Cottage is soon to be no stranger to density and diversity in housing availability and the Matt Henry Team looks forward to providing more dwelling options for our clients wanting to invest, reside or relocate to this thriving East Vancouver neighbourhood.     

-Matt Henry Team

MAIN STREET

The poster child for City Living with a young family Main Street.

An eclectic art hub, fused with an abundance of educational options from pre-K right into College. A culturally diverse delight for your taste buds with no shortage of emerging chef’s, craft breweries, café’s and wine bars. Not to mention the vast amount of green space for exploring, dog walking, picnics and playtime. Main Street succeeds in blending its independant spirit with emerging new families and young professionals.

Main Street grows with you, without asking you to forget who you are.

Fuel up at one of the over 25 coffee bars Main Street has to offer before embarking on your own walking art tour, as Main Street is home to the highest number of multicultural and incredibly vast murals in the city. Continuing your outdoor exploration, you will quickly get a feel for each of the 8 distinct neighbourhoods that Main Street encompasses (Downtown Eastside, Old JapanTown, Chinatown, Strathcona, Mount Pleasant, Riley-Park/Little Mountain, Punjabi Market, and Sunset) as you investigate the rich culinary flavours, the unique blends of old and new, and the individual personalities of each area.

Main Street also offers an abundance of preschool, elementary and high school options. It is abundant in playgrounds and parks. Main Street continues to meet a balance of city living and family dwelling, which is why we are quickly seeing it become one of the fastest growing communities for thriving young families!

-Matt Henry Team