outed

Residential construction

described by category

First time buyers could be
confused by terms used ta
describe various types of
residential construction. A
quick run-down of the most
typical West Coast types of
homes is provided here by
the Real Estate Board of
Greater Vancouver.

SINGLE STOREY -- a home
where all the principal
accommadation

(living room, dining room,
bedrooms, kitchen,
bathrooms) is on one

floor. It can be built with or
without a basement. This type
of home

is also described as a
BUNGALOW.

SPLIT-LEVEL this is
similar to a single storey but
the main floor is stepped to a
noticeable extent. A common
example is one in which the
lower level is built slightly
above grade over a low crawl

space. This level contains
entrance hall, living room,
dining room and

kitchen. The ad joining
upper level, which is not as

_ high as in a two-

storey home, usually
contains the bedrooms and
bathrooms.

TWO-STOREY -- all the
principal accommodation on
two floors, one

above the other, with or
without a basement.

ONE AND A_ HALF

STOREY -- a similar
arrangement in
accommodation

as a two-storey but the
upper level Is appreciably
smaller than the

first floor as a result of
sloping root space. Partly
sloping ceilings

could be a feature of some
upper rooms.

DETACHED HOUSE -- is a
term used for a single-housing
unit on a single parcel land,
not attached to any other
dwelling unit.

SEMI-DETACHED HOUSE
-- this is a housing unit
attached to only one other
adjoining unit. This could be
referred to.as a “side by side“
or “up and down” duplex. In
other words, ‘it is any
structure In which two

separate units are joined.
CONDOMINIUM -- this is
NOT

a word for. an

architectural style, but is a
word that denotes
ownership, under which the
owner receives a deed to
show legal title to a specific
unit. Such a unit is legally
described as a “strata lot" and
can be an apartment, a row
townhouse, a stacked
townhouse, semi-detached or
any part of a muitiple-unit
project, There are
condominium ‘subdivisions,
strata-titled mobile home
parks, and there is even an
emerging trend toward
business. office
condominiums.

Purchasers of
condominiums own. their.
chosen unit by strata title but
also own a specified interest
in those parts of the property
which are shared with other
unit owners, such as hallways,
elevators, Jaundry facilities,
parking and common garden

When looking at new
housing, buyers should ask if
the builder arranged coverage
under the New Home
Warranty Program of B.C,.

and the Yukon. This plan can. .

cover detached, duplex .and -
condominium frame
construction on either
freehold or leasehold land.
Units must be built to
National building Code
standards, and when

covered, protect the buyer.

for prepayments such as
deposits up to $20,000,
The program warrants up to

$3,000 for deficiencies noted |:

at closing, identified on a:
Completion Inspection

Certificate signed by the |

builder and the new home
buyer. It also warrants that
during the first year, the
Registered builder will repair
any defects in workmanship.
and materials as defined in
the Limited Warranty
Certificate and if the builder
defaults, the Program will see
that the work is done and pay
the repair costs up to
$100,000 per residential unit.

In years. two to five, the
program will repair, at its
cost, any major structural
defacts affecting the load
bearing portion of the home
up to $100,000 per home and
$2 milion for muiti- family
projects. ,

din
Duffy

Stan Parker,
President
635-4031 .

635-6688:

Ey

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jightman & Smith Realty

3227 Kalum Street, Terrace, B. C.

635-6361

"INDEPENDENTLY OWNED AND OPERATED ao
“Registered Tredemaris of Century 2 Real Estate Comoration Used Uier license’

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