Page A6 - The Terrace Standard, Wednesday, March 3, 1993 BUSINESS REE WORTH ITS weight in gold? Well, not quite, but the load of r5/Bths tongue and groove plywood Chris Bishop fs loading onto the racks at Terrace Builders is worth about 30 per cent more than it - was just three months ago...and the price is still going up. Lumber prices no damper on market TERRACE — Lumber prices may have jumped sharply in recent months,’ but there’s no slowdown in the number of people wanting to build houses this year... ~~ . “It’s. just incredible,’ Skeena Home Builders Association presi- dent Dominic Vendettelli said of current demand, *T’ve priced out six houses i in the last week alone,’” be said, ad- ding that,was about double the nom for this time of year, That’s despite increases of up to 40 per cent in some materials. Vendettelli said the- cost of a sheet of 5/8ths inch tongue and groove plywood, for example, had jumped from $17. in mid Deceniber to $22 as of last week. Noting that included hikes of three per cent in each. of the Last two weeks, Vendettelli said Ken Schachner at Inly Bird had told him yet another increase was on the way this week. « ; Stud prices were also sharply up with standard length 2x6s naw | at $4 a piece compared to $2.90 and 2x4s up from 22 cents a a” very All that translated to an extra $5-7,000 in construction costs of an average home, depending. on how complicated the roof was. However, while ‘the framing: looks. impressive’, Vendettelli emphasized it was only one part of the overall cost. Foundation work and finished flooring -- carpet, vinyl or " hardwood --. were also expensive ; items and installation of cabinets alone could run as high as $7,000. There had also been no sig- nificant movement on the prices of other essential materials such as interior doors and finishing trim. Therefore, while the increase in lumber prices was catching a lot of attention, ‘“‘the effect is not as big-as a lot of people are led to believe,’ he said. Assuming the total cost of a fin- ished house, including the price of the lot, was $150,000 last year, the prospective builder was per- haps looking at $157,000 in '93. ° . In percentage terms, that wasn’t ‘significant increase, Vendettelli pointed out. Developer tries it again © TERRACE — A local developer has come up with a new plan for his property on Eby St. between Davis and Walsh and it promises to be a lot less controversial than the previous two. Ray Lovstad set off a storm of protest amongst homeowners. in _ 1991 when he proposed building an apartment building on the site. After. concil . rejected the rezone, he tried again last May, proposing construction of two 10- unit condominiums. That idea was dropped when residents made il clear they would again fight the develop- ment. So Lovstad has scaled down his plan. still further, this . time proposing - construction of two four-plexes. Councillor Danny Sheridan said the units would border on Walsh © with a park-like area adjacent ta Davis. Qvr AND ABOUT TERRACE — Northwest single family: house residential real estate sales hit the $2,161 million figure in January, reports the B.C. Real Estate Association, The average house sale price ' was $86,466, an increase of 10.2 per cent from January of 1992, There were 25 sales in January and 40 new listings, reports the real estate association. The average house price in De- -cember was $76,872, Sales price increases from Jan. 1992 to Jan. 1993 averaged 17.8 per cent throughout the province. - The average house price in B.C. was $199,801 in January. - - Greater Vancouver recorded the highest average prices with $279,922 while the. far northern ‘portion of the province had the lowest figure at $53,000, kkkkek There’s a new owner at Terrace Honda Sales, Jimmy Coelho has taken over from Dave Peters and has. hired Jean Luc Roy. as- gencral nian- ager. “Service and mechanical staff haven’t changed. ' Roy, who was working at the dealership before the change, said to reduce costs,”’ said Alcan chairman --David Morton. ‘It reflects. almost entirely the low prices for aluminum that persisted through the year.’” Morton predicted conlinued low prices in’ 1993, saying Russia and other former Sovict countries will continve to’ dump. aluminum on the world market at low prices, - “ kek Shipments of homes. manufac- tured “by ‘members of the Manufactured Housing Associa- tion of B.C. were up 35.9 per cent in 1992 compared to the year be- fore. The association said 1,742 homes were shipped by eight member manufacturers. However, counci] would siill have to rezone ihe property under the existing regulations. Sheridan explained the property is currently zoned R2, a designa- tion which allows’ duplexes but not four-plexes. . The only way four-plexes could be built would be if the property was rezoned R3, but that designa- tion also permitted apartments. And that, pointed out councillor Bob Cooper, raised an old prob- lem: ‘*He can build anything he: likes once he gets the rezoning.’’ The city plans to end that situa: ~ tion with the introduction ofa de- “ velopment permit system. °- Under such a system, the devel- . oper would have to spell out ex- actly what he intended to-build : prior ta construction and stick to. that plan. That system will not: come into effect until the new Official Com- munity Plan (OCP) is passed. CFNR RADIO Zr BINGO Played every Friday at 9:30 a.m. on 9.90 AM Radio in Terrace and 96.1 FM Radio in the Nass Valley 2 games with $1,000. Jackpot every week’ VARIABLE GAME, FORMAT - TICKETS ONLY $1.00 — 3-up tickets for $2.00 Every Friday Is your chance to win thousands of dollars on CFNA Radio Bingo! Pick up your cards today! In Terrace at: The Houss of Simoighets, Northem Drugs, Sheffield and Sons, Nerthem Health Care, West End Chevron, East End Chevron, 8B & G Grocery, Wayside Grocery, Taraice Shell and Carwash, Hilitop Grocery, Copperside threa, Jems & Gold, as welll as, Sybil Morvan of. Terrace, Rhoda Seymour of Kitselas, and Della Scodane at Northern Native Broadcasting. In New Aiyansh at the New Alyansh Co-op Store, In Kitimat from Darelene Slarr,, In Kitimaat Villaga from Roberta Grant, in Greenville far Fon Sampare, In Gitwinkslhikw from Merci Moore, Call 638- 81 37 for more info. 6 FREE TAX CLINICS CAN HELP WITH YOUR RETURN: Revenue Canada is offering free tax clinics in your _ area to help you at income tax time. You can drop linear foot to 30 cents, Therefore,-..1 },.,interest_ mes I 4,6 Cael bye Mt h any income tax questions you, may have, ce ae ; He said the: bigge car “iu, bade. still lowsands geuctal ‘fecting sit ans sae = sig valle business was on Oht ah shOdse., from a variety. of forms;i:gquides. and pthc E ¢ we ES weer been in roof. trusses which were” of, ‘<6ptihiism out in ‘the com-* ie bia; m flew a in pamphiets” available for your use. If you fave up more ‘than’ 40 ‘per. ‘cent since munity, ‘It’s going to be another . “ were liked the car so much, a questions about any of your tax papers, bring last November. busy year,” he predicted. week Jater, he bought the busi- them along, ‘ness,’ said Roy. o Adviser Visits an AdB A, "parent: © company of Alcan : Canada Employment Centre TERRACE — - Injured workers or dependents who have claims questions cani-get free and con- fidential advice here tomorrow, | ~ A workers’ advisor who works for the labour and consumer ser- vices ministry and who is inde- pendent " ‘of the Workers! Com- pensation Board will be: at. ‘the “government agent’s office, Inter- views can be arranged by pbon- ing the government agent at 638- 3200, The toll-free number for advice without an interview is 1-800- 663-4261 in Richmond, $100 a year to run. THERE’ SA COLD HEARTED THIEF IN YOUR HOME. It’s lurking outside the back door. Or in the shadows of - the basement. It’s the humming, whirring, clicking, old second refrigerator. And it's robbing you of cold cash - an old inefficient second fridge can cost you up to WE! LL COME AND GET IT AND GIVE YOU $30!" ‘We can take the problem off your hands. We'll pick up your old operating fridge (10 cu. ft. to 24 cu. ft. size) free of charge, dispose of it in an-environmentally safe manner and send you a coal $30, To register, in the Program, call the Refrigerator Buy-Back Hot Line toll-free, 1-800-663-CASH (2274), In the. Lower Mainland, call 683- CASH (2274), ABC. Hydro reserves the ght io chang y lime. ‘without pr Smelters ‘and Chemicals Ltd, which runs the Kitimat aluminum smelter, reported a lost of (U.S.) $112 million in 1992, That’s compared to a $36 mil- lion loss in 1991. *fAlcan’s loss does not reflect the strength of demand ... nor our determined and successful efforts - oe ~~ 4630 Lazelle Avenue, Terrace March 1 to March 5, 1993 9:00am to 4:30pm ‘ Revenue : pots *. “Revenue eGamada Ce Se Canada rors SAVING TAXPAYERS MILLIONS » me The British Columbia Pharmacy - Association: ‘has offered the provinci 7 government a. plan that can save . taxpayers. up to $50. million a year —~ each and every year — in health costs. A HEALTHY PRESCRIPTION, For AILING. TAXPAYERS — ” our pharmacist’s solution to the ~ nasty diagnosis threatening B.C.’ ‘ health care : a Pharmacists are the best trained of all health care professionals i in dealing with prescription “and over the counter drugs. In fact, about — 10, 000 times a year we step in to save someone ~ from an adverse and possibly deadly reaction, Now we're Irying to use those skills fo cure a major illness in our health care system — a | skyrocketing drug costs. Ml Boost the level of health ¢ care and: 3 STEPS TO BETTER SERVICE Our plan will: | . | at Increase nn substitution a Decrease waste of uniused: ‘or unnecessary clruigs. a safety to seniors and! others, . We'd like to share our new bealth- “ care prescription with you. The British Columbia Pharmacy Association 150-3751 Shel Road, Richmons, Bl. Ve 2M “Telephone: 279-2053 a