Averra Developments

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FAQ

Answers to some of the most frequently asked questions clients ask us…

 

How much does it cost to build a new home in Vancouver?

This is by far the most common question asked and also the hardest to give an accurate answer without having a complete picture of a new home build. Many people have adopted the “Price Per Square Foot” as the universal measurement of cost, however the approach used to determine this number whether asking builders, architects, or a lender is anything but universal… is square feet of living space or the permitted Floor Space Ratio being considered? Does the cost include PST? GST? What about soft costs such as architects/engineers, permit fees, and insurance? There are also site and finished product characteristics that can affect construction costs including site access, property grade, shape, and size, tree considerations, full basement or at grade, secondary suites or lock-offs, rooftop decks and many more. These variables can really sway a price per square foot number.

What should I expect from my first appointment with the Averra team?

An initial client meeting is an opportunity for us to get to know one another and for the Averra team to understand the requirements of your project. We will discuss your specific needs, ideas, project scope, budget and timeline. We will explain our process and answer any questions and concerns you may have. Both parties get the opportunity to see if we are a good fit to work with one another.

Do you offer a home warranty?

Yes, as a member of the National Home Warranty Program, Averra offers a 2-5-10 home warranty insurance. It includes 2-years of coverage on labour and materials; 5-years of coverage on the building envelope, and 10-years coverage on major structural items.

Do all new home builders provide warranties?

No, only builders approved by the Home Protection Office and deemed Licensed Residential builder can apply for warranty coverage.

Once a builder is deemed a Licensed Residential builder they must apply for third party insurance coverage. Not all builders are approved for coverage and both HPO and insurance companies conduct extensive screening for approval. Screening includes: business history, technical expertise, financial capacity, and after sales customer service. Each year the Licensed Residential Builder must reapply with both HPO and their insurer.

Is Averra trained and licensed to build an energy-efficient new home?

Yes, the Averra team has successfully completed, applies their knowledge to new home builds and holds a valid EnerGuide Rating System (ERS) license. For more information visit: https://www.nrcan.gc.ca/energy/efficiency/homes/20556

What areas do you build in?

Averra has proudly built homes around the Greater Vancouver Area including West Vancouver, North Vancouver, West Side and East Side Vancouver. At this time, we have a strong focus and several exciting projects underway in East Vancouver in the Kensington-Cedar Cottage, Mount Pleasant, Fraser-Kingsway, Dickens, Hastings-Sunrise, Strathcona, Commercial Drive, Grandview-Woodland, Renfrew-Collingwood neighbourhoods.

Can I visit my home during the construction process?

Yes, as part of the build process there will be several scheduled “site visits” although we are very safety conscious and require all site visits outside of these be scheduled through the site supervisor.

 

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