Laneway House Builders
Vancouver | Burnaby | New Westminster
Vancouver | Burnaby
Richmond | Coquitlam
New Westminster
What Is A Laneway House?
Additional Income Opportunity
With rental units becoming increasingly scarce in dense urban cities like Vancouver, the consideration of a laneway home is very appealing from a renter’s perspective, as it provides a detached single-family unit. As a result, owners can often charge a premium, as compared to a similarly-sized basement apartment or high-rise condo.
Increase Your Property Value
Whether it’s a finished refinished basement, loft or the construction of a laneway house, the addition of a liveable space to a property increases your property value. Depending on the housing market in your area, this increase in property values can be significantly greater than the cost of construction if you decide to sell your property.
Housing Solution For Family And Guests
A laneway house offers an excellent opportunity for homeowners to extend their hospitality to friends and family, with an additional living space on the property. The home could be offered as a temporary stay in place of a hotel reservation, or as a long-term solution for housing a family member closer to home if care aid is required.
Downsize Without Leaving Your Community
Downsizing is a consideration of many homeowners later in life. Many homeowners move from their main house into their laneway house, renting out their main home to generate additional income. Alternatively, if you have aging relatives who are looking to downsize, building a laneway home is an affordable option.
Diversify the Housing Market
With housing becoming a premium in Vancouver, a laneway house would offer renters an alternative to the rising cost of condos or housing units further removed from the city. By building a laneway home, you’re providing a tenant with an opportunity to live in the city near jobs, local amenities and more efficient public transit.
Our Laneway Home Service Areas
Vancouver Laneway Houses
Burnaby Laneway Houses
New Westminister Laneway Houses
New Westminster laneway houses continue to be a widely recognized and heavily-demanded form of housing since becoming permitted in 2017. The historic city presents great opportunities for laneway home builders to increase their property value and accept tenants.
Lower Mainland Laneway Houses
In addition to Vancouver and the greater Vancouver area, cities in the Lower Mainland are becoming increasingly popular for laneway home developments. PHW Homes has extensive experience building in Richmond, Port Coquitlam and Coquitlam.
Featured Laneway Home Projects
We’re immensely proud of the laneway homes we’ve constructed for our wonderful clients. Take a look at our most recent projects.