Monday, January 31, 2011

B.C.’s big boom in little houses

A Vancouver laneway house under construction on Knight St. in Vancouver October 29, 2010. - A Vancouver laneway house under construction on Knight St. in Vancouver October 29, 2010. | John Lehmann/The Globe and Mail Published Friday, Oct. 29, 2010 8:57PM EDTLast updated Friday, Oct. 29, 2010 9:00PM EDT2 comments

Allan Bernardo’s new house in south Vancouver cost him a little more than he had originally thought. Somewhere over $200,000.

But the laneway house that he had built behind his parents’ home was still a bargain compared to any condo he could have bought in the city: The cheapest, older condos listed these days start at $204,000. The laneway option was also half the price of the smallest house available in Vancouver and well below the $681,000 average.

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