real estate trends

Millennials and Home Buying

by Bevony on April 22, 2020 Comments Off on Millennials and Home Buying
Millennials and Home Buying

Sellers are finding creative ways to entice home buyers. You will find anything from apartment builders using clever marketing. Sellers are offering free wine and some go the extreme of offering a lucky home buyer a Tesla! The main focus of this marketing is millennial buyers and renters. These are those people between the ages of 20 and 40 years.  Or if you want to look at it another way; people born between 1980 and 2000. In Canada, that target market makes up approximately 10 million people according to a Nielsen study. This number represents approximately ¼ of the Canadian population so it is a large enough target market.

Why Target the Millenials

The Housing Market is realizing that the Millenials have different values from those of the generations before them. One example of this is the fact that Millenials have a preference for cycling and car-sharing rather than opting to own a car. They are known to be the shoppers looking for organic products, shopping locally and prefer urban lifestyles over rural ones.  

An RBC study done in April 2019, shows a trend of Millenials leaving major Canadian cities for more affordable communities within provinces. Statistics show that on average 9  Millenials are moving from different provinces or countries.  

The statistics show that Millenials are more immersed in the digital age and social media and are inclined to ordering things online. This generation, for the most part, is not looking forward to yard work on a weekend. 

What Everybody Wants

We all want a Happy Family and a Happy Home

Regardless of what era you are born in, there are some things that all potential homebuyers have in common. They want to find homes that are affordable to rent or buy. A CIBC study, published in Bloomberg News shows that 94% of individuals want to buy a home. And there is much variety of available for those who seek homes for purchase. You can find apartments, townhomes, condos duplexes and even have the opportunity to build your dream home from the ground up.

Challenges for Home Buyers

With the stress test that the federal government introduced, some are finding owning a home to be a bit more difficult. As such, one in three Canadians has put off their plans to own a home. This data can be found in a published survey found in the Financial Post. 

After criticism from young voters, the federal government decided to offer the “homebuyer incentive” program. This would mean, one could have a bank mortgage, this “incentive” loan and a student loan. With approximately 35% of millennials still living with their parents, this can be a frustrating thing to consider. This causes a delay for many and their independence which further impacts their lives as they start their families later on in life and thereby produce smaller families. 

In the above report, the comparison was also made with the wealth of Millenials compared to other generations in the Canadian population. The results show that millennials have more wealth, more assets but also more debt than Gen-Xers at their age. The study showed that educated Millenials make more money than their Gen-X counterparts did with 216% for Millenials, 125% for younger Gen-Xers and 80% for baby boomers. 

In addition to the above, there is also a rising tax burden that very often goes overlooked. The taxation of home purchases has increased and is being increased. This has a direct correlation to the affordability of housing options overall. It also has a correlation with the costs of maintaining a home. In Vancouver, we see typical new apartments with government taxes and fees up to 26% of the cost. These fees are often embedded in the final prices of these offerings. 

The Consensus

With all these costs to factor in, most millennials’ only choice is to rent. As per Statistics Canada homeownership rates of millennials versus baby boomers have a noticeable difference. In 1981, boomers of the same age owned homes. The statistics show that in 1981 55.5% of boomers owned homes compared to 30-year-olds today at 50.2%. 

While it is harder for Millenials to purchase a home. They do want to own one. An Environics study shows that they aspire to be financially secure, own a home, have a strong family relationship and achieve in their career. These are the same aspirations of all previous generations. So at the end of the day, we are looking for the same things.

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Housing Regulations Around the Globe

by Bevony on April 1, 2020 Comments Off on Housing Regulations Around the Globe

If you thought British Columbia had a lot of housing regulations, you are in for a shocker. Today we bring you a different type of blog post. When you learn what other places have for their regulations you will understand that BC regulations are not too extreme.

We went around the globe to see what kinds of limits have legislators have placed on potential homebuyers and renters.

Housing Regulations

We found that China and  India do not allow non-residents to purchase real estate. Now, China and India are the most populous countries in the world. Their regulations protect the residents. It also allows them a better chance of being able to afford a home whether they are renting or buying.

In Berlin, we see where they froze rental prices for a period of five years. This is a legislation that protects some 1.5 million tenants.

In the Netherlands, the law protects tenants from eviction by a renovation. This legislation requires a minimum of 70% of tenants to agree with a landlord’s improvement plans. “Reno-victions” are very popular in a number of countries. As a result, this practice often displaces tenants and disrupt their lives extremely.

British Columbia Housing Restrictions

The Most Rigorous Housing restrictions in Canada today can be found in British Columbia. You should be familiar with the speculation and vacancy tax as well as the 20% foreign buyers tax. Many people do not like these measures but when you take a look at other rules that have been mandated in other places to deflate housing bubbles you find that our rules are not that bad.

Asian countries are not giving foreign nationals the ability to invest in their land. This gives them control over their property values, preventing them from going up. This is not the case in the western world. Instead, we allow foreign nationals to purchase real estate. This, in turn, has a very big impact on the value of our property.

European countries have a number of hard caps on rent. They also have direct financial top-ups that are offered to tenants who have to pay more than 30% of their income towards housing costs.

Canadian Housing Pressures

We see where a lot of the most desirable cities in the world are facing a lot of housing pressures similar to the ones being seen in Toronto, Victoria, and Vancouver. These places are seeing skyrocketing prices in homeownership and in rent. While these prices are increasing, wages are staying the same. The government must now implement policies that will provide protection to vulnerable tenants.

The regulations and taxes that are put into place are supposed to help to ensure that housing prices don’t continue to drive up. With a sharp rise in the number of global millionaires and an increase in flights from Asian countries into Western countries, coupled with a record low on interest rates for megaprojects, we see some amount of negative effects.

Population growth is a benefit to developers. They respond to this growth by building housings to increase density. But is this the true solution? If there is a continuous flow of cash into the markets house prices won’t fall.  And that is why going through the tax system is the choice of most governments. When there is no money to be funneled into expensive areas, the market will be forced to keep prices from rising.

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Surrey Housing Market Looking Stable

by Bevony on March 11, 2020 Comments Off on Surrey Housing Market Looking Stable

With a lack of real estate investors in Surrey, there has now come to be a more stable housing market. Many houses in Metro Vancouver’s high-status neighborhoods are now looking more affordable than they have been in years.

Housing Market

With Surrey not on the radar of wealthy domestic and offshore investors, the prices have benefited from this. The city continues to grow rapidly though. The majority of the market is made up of new immigrant buyers. This is followed by native-born immigrants simply searching for a place to call home. In contrast, other high-end neighborhoods have seen a lot of instability since 2017.

The statistics show that house prices in posh neighborhoods dropped approximately 1/5th in one year. This was also true for a variety of neighborhoods in Richmond. In contrast, the housing prices in Surrey remained very stable. This is especially true for the Northern Section where homes often sell for lower than $1 million.

Other Stable Neighborhoods

When prices fell up to 25% this year, luxury homes in some West Vancouver neighborhoods fell. These included Upper Caulfield and Chartwell prices in other North Surrey neighborhoods. The prices only dropped between 1 and 5 percent. Surrey wasn’t the only neighborhood to escape the ridiculous price drops. Other neighborhoods that remained stable include:

  • North Delta’s Kennedy West
  • The District of Langley’s Brookswood
  • Fort Langley
  • New Westminster’s Queensborough
  • Brow of the Hill
  • Lynn Valley
  • Seymour Heights

North Surrey Housing Market

North Surrey stood out among everybody thanks to the fact that their stability in prices was seen all across the board.  The affordability of the area is one of the biggest factors. This is a factor that is good for both buyers and sellers. With a population larger than half a million, the area is one of Canada’s fastest-growing municipalities. Each year the area expands by approximately 2%.

The Surrey market is largely made up of locals, but it is not the same for the West Vancouver market. While South Asian immigrants also find the affordability of houses here desirable this is not driving up prices as they don’t want a 20 million dollar home. Figures from Census Canada show that the residents of North Surrey that have roots in India are between 40 and 60%. This is especially true in Kennedy, Fleetwood, and Newton.

The area is attractive to immigrants from Pakistan and India because of the cultural diversity of the area. The area allows them a certain amount of familiarity and satisfies the needs of their culture. They will find temples, mosques, and gurdwaras. They will also be more likely to have family in these areas as well. Coming here and finding real estate for sale at an affordable price means they can lay down stakes sooner and integrate into society faster and easier. Houses can be purchased with smaller down payments which is great for first-time homeowners who often are left vulnerable to the financial stress test of the government to determine their eligibility for a mortgage.

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BevonySurrey Housing Market Looking Stable

New Listings at a 10 year Low

by Bevony on February 12, 2020 Comments Off on New Listings at a 10 year Low

2018 was quite a disastrous year when looking at the performance of the housing market. In 2019, it looked a lot better with sales going up by approximately 22%. With sales hover above 10-year averages, the home price index is higher. It has increased by 3.5% from last year’s numbers and the trend is for it to continue increasing.

Homeowners are no longer listing their homes up for sale and this is the phenomenon that is driving this resurgence. With not many new listings, there is a decline in inventory. In December of 2019, the sales to new listing ration went up to 67%. This is the highest this has been since October of 2009. A ration of 40% to 60% is considered balanced and anything above 60% will put pressure on prices, causing them to rise. When looking at the statistics on a deeper level we see that listings haven’t been this low since February of 2010.

Why Are Canadian Homeowners not Listing Homes for Sale?

You will find that most places in the country are seeing an all-time high in prices. Canadian housing is on an almost 30-year bull market. So most homeowners are thinking that with prices continually rising there is no need to sell right away. In the meantime, any amount of correction in the market is met by global central banks’ ample liquidity. Banks aren’t increasing interest rates this time around. They are actually doing the opposite.

Leveraged buyers are finding incentives for taking more risks. Hoarding assets are now more attractive to homeowners even more so than putting money into bonds, savings accounts or GIC’s. The current market is not triggering or incentivizing Canadians to cash out and so new listings dot go onto the market unless it is extremely necessary.

What Does This Mean for First Time Home Buyers?

While there are not a lot of listings going up on the market, first time home buyers can find affordable housing solutions. Here at SilverBeam Homes, we are custom home builders that can help you make your dream of owning a home a reality. Give us a call, or send us a message. Let us set up a consultation and show you how you can own a home in a housing market that seems it is not going to be kind to you.

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BevonyNew Listings at a 10 year Low

Things Looking iffy for Luxury Builders in Vancouver

by Bevony on February 5, 2020 Comments Off on Things Looking iffy for Luxury Builders in Vancouver

We are looking at New York City luxury condos that are going unsold underneath a real estate market decline. In Manhatten we see almost 50% of luxury condos built and which remain unsold up to 5 years after their build date.

The future for Vancouver is looking similar as well. In the past decade, prices have risen three times faster than those in New York. With such high prices, we find that middle-class young people are finding their dreams of owning a home are getting slimmer and slimmer.

New York Vs Vancouver

Yes, the markets in New York and Vancouver are different. But both these cities are often ranked as some of the most sought after destinations in the world. So they do have a lot of similarities, enough to make the comparison useful. East and West Coast cities are also seeing a similar downward trend.

While the luxury condos and flashy highrises in New York are staying unpurchased. We over here are seeing the same. In Vancouver, our more expensive homes are going unpurchased too. Since the peak in 2017, prices have plunged more than a quarter. Single-family high-end residences in Vancouver are also seeing a plunge in prices as sellers try to get their houses off the market.

In the past two years across West, Vancouver prices have dropped more than 25%. This municipality is known for being one of the highest per capita income in the country. Vancouver and many of its suburbs are experiencing a similar dip were in 2019, values went down more than 11%.

What it All Means

While the luxury house market in Vancouver is not as badly hit as the one in New York it is undergoing a considerable amount of struggle. We see this very evident in the Oakridge neighborhood of Vancouver alone. Hundreds of units with price tags in the millions do not have buyers. With prices over $2400 per square foot, local wage earners cannot afford to own a home. Prices like these are very common as the city becomes more and more known as one of the most unaffordable cities in Canada. The truth is that the gap between the median wages and housing costs in Vancouver is even larger than those in New York City. 

Global Real Estate Consultants at Knight Frank estimates that there will be a price fall of approximately 10% in house prices in Vancouver. So sellers stand to lose more. Even with a decrease some buyers will still see certain homes out of their reach.

What Are Your Options?

Are you a potential homeowner with dreams that are looking out of your reach right now? Why not give us a try? Let us help you make your dream a reality. We can get you a custom-built home tailored to your housing needs and your housing budget. We may not be able to get you into the fanciest neighborhood in town but we have the expertise necessary to make your dream come through.

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BevonyThings Looking iffy for Luxury Builders in Vancouver

Rent to Own Housing Solutions

by Bevony on January 29, 2020 Comments Off on Rent to Own Housing Solutions

Metro home builders are catching on to the rent to own housing solution. The rental vacancy rate in Vancouver is lower than 1 percent and buying a home is a very expensive endeavor. Some of us just aren’t ready for that just yet. There are a number of options available for rent to won in the city though. You will find that on the outskirts of the metro Vancouver area there are a number of places where you can find rent to own homes.

Metro home builders are catching on to the rent to own housing solution. The rental vacancy rate in Vancouver is lower than 1 percent and buying a home is a very expensive endeavor. Some of us just aren’t ready for that just yet. There are a number of options available for rent to won in the city though. You will find that on the outskirts of the metro Vancouver area there are a number of places where you can find rent to own homes.

This is a great idea. Think about it, you don’t have to be paying rent and saving at the same time. Construction of all the units in this project is not complete as yet and is slated for completion in 2021. The projected rent at that time will be $1000 per month for one-bedroom units or $1250 per month for a two-bedroom unit. The one-bedroom units will be 643 square feet and will have buying prices starting at $469,900. Two-bedroom units can be purchased at a starting cost of $649,900.

Qualifying for Rent to Own

  • Must be a first time home buyer
  • Currently, work/live in Port Moody
  • Must live on the premises of the agreement
  • Cannot assign agreement of purchase to anybody else

Due to the many applications they received, they went for a lottery-like selection in March of 2019. Some were excited about this while others weren’t too happy about it.

We consider this to be a great option for first-time homeowners who are not able to afford a home in the traditional way. Panatch has inspired other home builders to offer solutions that are similar to this for persons who would love to purchase a home but may not be able to afford to do so in a traditional way.

In April of 2019, we saw Ledcor offering renters the opportunity to apply 25% of their monthly rent to go towards them being able to purchase a new home in Lanford’s Belmont Residences Project.

SilverBeam Homes is proud to be a part of an industry that allows people the opportunity to make their dreams of owning a home a reality.

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2020 Stone And Tile Trends

by Bevony on January 22, 2020 Comments Off on 2020 Stone And Tile Trends

2020 is seeing a lot of colors when it comes to home design and decor trends. Trends feature punches of indigo blue, minty greens, burgundy, forest green, and black. When it comes to patterns, natural richness and opulent patterns are coming to life. Gone are the trends for neutral stone and ceramic tiles. 2020 will see trendier homes with bold colors, unique shapes, luxurious patterns, surprising textures, and richer veining. 2020 in-home design is all about upping the ante. This was seen in the unveiling of ceramic and stone products from Ciot Inc with its 2020 product line.

There was a time when stone and ceramic products were about functionality, nowadays they serve much more than function. They are making fashion statements in 2020. With the trends that are coming out, your tile and stone ca provide your decor with an elevation in elegance and character. Many of the on-trend options for 2020 mix ultra-stylish looks and natural elements. The trends pave the way for an artful masterpiece and a one of a kind look that will work now and into the future.

2020 Tile Trends

Eye-Catching Color

Minty greens and pale roses; pastels that warm up a room are more suitable for those who are looking for a muted decor. For those not afraid of color, stronger tones will add much character to your room.

Trending tile collections include Colorplay, Crackle, Bowl, Urban Atelier and Let it, Bee.

Striking Finishes

Tiles made with imitation cement boast colorful patterns that are becoming increasingly popular since they have the ability to add visual interest to your home. With neutral textures, you can add a Bohemian or a Mediterranean vibe. For your floor tiles, you can go for a conservative tone on tone choice. Bright and glossy tiles with a lacquered looking finish will also be on trend this season.

Dynamic Shapes

The trend is for a lot of compelling shapes from diamonds, hexagons to fish scales. Anything that can be considered fun and free-spirited is being embraced for their ability to elevate the room.

You will even see computer-generated 3D patterns or effects that will create tile designs that are complex enough to play on shadows, light and provide futuristic palettes.

Large Tiles

Bigger is better for 2020 when it comes to tiles. The new standard tile size is 60 by 60 cm. You can even find large rectangular tiles measuring 60 by 120 cm. These provide a very upscale look and can not only be used on floors but can also be used on walls as well. Using these larger tiles on walls will provide a modern and sleek vibe.

Metallic Finishes

Natural gold, brass highlights, and copper will be on trend this year making for reflective surfaces that will glisten in natural lighting. These are best used as wall coverings. Deeper shades will leave an organic feel.

Distressed Looks

2020 has old looking new again for both walls and floors. Old looking marble floors create a warm charm.

2020 Stone Trends

Stone Wrapping

In this trend, entire rooms are enveloped with sophisticated and elegant stone slabs. This provides a truly one of a kind decor. Imagine an entire kitchen island or entire wall from floor to ceiling complete with stone slabs. Stone wrapping can be used for cocooning floors and stairways etc to provide a striking ambiance.

Color Infusion

Warm whites now have ints of gold and grey while burgundy, jade green, rose and icy blue makes a comeback as suitable choices for all types of rooms. You will also find black mixed with gold and white veining to provide an ultra-chic and mysterious appearance.

Bright & Bold Veins

You will find marble with active wine red veins taking over grey veining. You will also see bright blues and emerald greens making these surfaces work of arts in and of themselves.

Natural Richness

Imagine finishes that look like raw materials from mother nature to include concrete looks, terrazzo look and marble looks inside.

Whether you are using tile or stone you can get away with combining finishes, colors, and patterns in 2020 to create an extremely on-trend and unique room. The trend is seemingly holding its own and is expected to hold its own into the future of design and decor.

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New Standards for Building Energy Performance throughout British Columbia

by Bevony on January 1, 2020 Comments Off on New Standards for Building Energy Performance throughout British Columbia

There is a revolution happing in code development in British Columbia. The rest of Canada is also seeing this. As a result, there has been an increase in residences being built with better energy performance. There has been a 70% increase in construction over the past two years. This increase is noted by the British Columbia local government. 

The BC Energy Step Code being developed is set to be fully encompassing all new construction in British Columbia for 2032. The code has measurable performances at its root. It, however, does not prescribe specific approaches and materials. It does, however, indicate the lowest performance outcomes that are expected and each of these is grouped into the different steps of the code. Because of that builders now have this guide to using when designing and building new homes.

There are 5 steps that a home can meet according to the code. A step  5 home is the best at energy efficiency because it is the top of the tier. Due to this, the construction industry in the driver’s seat for creating the homes to meet this step code. Different experts from across the industry and at different stages of the home design to build process can help to create more efficient homes. These include architects, builders, and engineers who must all work together for a common goal. 

These professionals are not left to their own devices. They must demonstrate with an energy model how their project will meet the requirements of each step of the code.

Metrics of the BC Energy Step Code

The Range of Metrics used in the BC Energy Step Code includes TEDI and MEUI. There is also, the percentage lower than EnerGuide Reference House. As well as there is airtightness. The latter is expressed as hour at a 50-Pa (1-psf) pressure differential (ach 50).

In December 2017, the government of British Columbia indicated that by 2032 it would need all newly built buildings to meet the specified energy performance requirements. As a result, the code came into force in December 2017. It is not a mere standalone code, it is instead a part of the British Columbia Building Code (BCBC) To meet the requirements, the government developed a directive that is transforming communities in the province steadily.

The BC Energy Step Code is already being used by several local governments. The number is currently growing. Because the local government as shown so much interest in the code, the province has provided alignment with the regulatory requirements and the steps of the code.

With each edition of the code, there is more stringency. As such there are changes in what is required for 2022, 2027 and 2032. This has triggered an increase in training for persons employed for different roles throughout the industry.

How the BC Energy Step Code Works

Each step of the code represents a higher amount of efficiency. Each step of energy efficiency is defined by a particular metric. It has already been made the standard in the bylaws of several communities. Each proposed new project must demonstrate its ability to meet the requirements of the current standard step.

As a result, an energy model must be submitted for any building project. This along with the necessary drawings are used for the application of a permit. The official will confirm if the project meets the requirement and will issue a permit. After the completion of the building, the builder must show that the building does confirm to and meets the standards as specified by the initial documents used to secure the permit to build. 

This is step 1. Each step has different requirements because the protocol allows time for the industry to get up to the task. The highest is Step 5. It is the top step and denotes a net-zero energy ready single-family home. As a result, one can expect the utmost energy efficiency from a home with step 5 designation. 

Increase in High-Performance Projects

Because of there being a buyer’s market, there is a huge rise in construction in British Columbia. Because of the CleanBC program, there is an added boost for new projects being built to the BC Energy Step Code. The CleanBC incentivized program targets Part 3 buildings. It also targets residences that are targeting Passive House Certification.

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BevonyNew Standards for Building Energy Performance throughout British Columbia

Home Colors for 2020

by Bevony on December 25, 2019 Comments Off on Home Colors for 2020

When it comes to home decorating, most people don’t consider their paint color. Sharon Grech, Benjamin Moore Canada’s Color Consultant ad Spokesperson agree. Color is one of the easiest things to change and maybe one of the least expensive elements of a home renovation. Color is very powerful as it can determine the mood of your room.

What is the Color for 2020?

Benjamin Moore – First Light – a soft, neutral, light pink. 

Dulux – Chinese Porcelain – a traditional hue of blue with navy blue undertones. 

The stain of the Year – Teak – A medium-toned, semitransparent stain with a 70’s vibe.

Benjamin Moore’s First Light

Benjamin Moore has selected their color for the year 2020 – First Light. This color is a soft and light pink hue that departs from darker, moodier shades which have been the dominant pain trend for the past couple of years. This also shows a movement away from neutral colors such as grey. FirstLight is playful and happy while being neutral enough thanks to its lighter hue. This makes the color versatile enough to work with pretty much any room.

The Mood of This Color

You want to feel good inside your home. This color looks good and feels good. It is the type of color that is flattering on all skin tones making everybody look good against its background. Neutral and soft, it will work with different elements including metal and wood in various colors and finishes.

Dulux’s Chinese Porcelain

Dulux has selected its color of the year; Chinese Porcelain. Color and Decor expert Susan Forint describes the color as a muted undertone of dark navy.

The Mood of this Color

The color is said to provide a calming element for our fast-paced world. Blue is quite a popular color across the globe, it makes people feel safe inside their homes. It is a classic and with a muted undertone it is also a staple color that can work well with various colors and materials in your home. It is neutral enough to work well with other colors from orange to white.

The Stain of the Year – Teak

Canadians are embracing more and more natural elements in their homes. As a result, we are seeing a rise in more wood being used. The trend is going away from white kitchens and so the stain for 2020 is Teak. This tone is a medium, semi-transparent tone that provides a bit of a 70’s vibe but still looks very modern to fit in with our modern appliances and designs.

Getting Inspiration

The style influences of home design as been widening. Home design now reflects the pop culture, fashion influences, movies and more. These are just some of the places you can get inspiration from for your home design including colors.

Will you be going with these new color trends for 2020? Whether you are renovating your home or building a new home, it is a great time to embrace these trends. We can guide you with the building of your new custom home and all the most current trends that can meet your needs. Contact us today.

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High-Performance Homes – All the Rave

by Bevony on August 14, 2019 Comments Off on High-Performance Homes – All the Rave

Everybody is into energy efficiency these days and as such, high-performance homes are in high demand. High-performance homes offer more than your typical energy efficiency via many means.

If you are looking for a new home; a high-performance home, you will want a team of experts. Here at SilverBeam Homes, we can help you create a house design that meets high-performance standards. We can deliver higher energy efficiency at lower costs. Our team has been building high-performance homes for a while. The team here includes architect, structural engineer, builder and energy consultants. They all work together to ensure that your design meets all your needs for energy efficiency.

SilverBeam High-Performance Homes

We ensure we consult the BC Energy Step Code for all new construction as much as possible. We do this because the city plans to get all high-performance houses by the year 2032. Along with this roadmap, there are several industry criteria and certifications. These relate to the construction and categorization of high-performance homes. There are several BC municipalities where companies such as ours have to build according to Step 3 of the Step Code. This way new homes have to provide at least 20% less energy usage than homes built before the BC Building code.

Reputable certifications that are out for energy-efficient homes include;

  • The Net Zero Home Labelling Program through the Canadian Home Builders’ Association
  • The Passive House Canada certification

The latter can be attained by implanting the Passive House Planning Package. Following this plan allows for lower energy costs, higher quality air levels and a more consistent temperature indoors. According to the CHBA, net-zero homes are as much as 80 % more energy efficient. This when you compare them to typical new homes even those using renewable energy systems.

Building a high-performance home requires an approach that is coordinated. Here at SilverBeam Homes, we have that approach. We can help you create your high-performance home with the use of our airtight envelope. We create homes that are airtight with each door and window being energy star certified and each slab of wall or roof is well insulated.

Myths about High-Performance Homes

If you do a little research about high-performance homes you will come upon two myths:

  • They are unattractive
  • They are expensive

The truth is each company in the building industry now understands the importance of creating products that are aesthetically pleasing while ensuring they are energy efficient. As such you can have a modern and aesthetically pleasing home at an affordable price that is considered a high-performance home. Your high-performance home can still have style features such as cantilevered floors – it is all in the design and the choice of elements used for the construction.

With an integrated approach, our team of professionals can create for you a home that is energy efficient but still aesthetically pleasing. All key advisors in the team set clear objectives based on your needs from the beginning. This ensures your home is built in the most economical way to match your budget. Step 5 of the BC energy code will be the standard in 2032. We understand how important it is to start building homes now that are following the code.


You are building a home for the long term and we know just what specifications to use. We can ensure that years from now, your home is still compliant with all high-performance specifications. Here at SilverBeam homes are created to be socially and environmentally responsible. Our aim is to bring our customers into the future with our ability to create high-performance homes. Homes that will lessen greenhouse gas emissions, saving the environment and helping you to spend less money on bills.


Give us a call today, let us help you build your new high-performance home.

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BevonyHigh-Performance Homes – All the Rave