** we make official financial documents available to serious prospective new villagers as part of our joining process
In our village, we have the regular costs you'd associate with owning and living in a strata-run community.
Plus, we receive many additional advantages and savings from our shared village life. Eg… An easy ability to make arrangements with neighbours for sharing childcare, cars, equipment, guest rooms at holiday time, etc
Additionally, when the common house is completed, we will benefit economically from the many efficiencies that it offers- optional shared meals, laundry, guest facilities, children’s playroom, teen, music and craft rooms, storage.
New Home purchase - only two units left as of January 2015!
The new home purchase price is comprised of the land and construction costs . (The BC Property Transfer tax is applied at the time of purchase).
Because the village was its own development company, there has been no profit component included. The home purchase amount also covers each unit’s share of the building costs for our extensive community facilities ( Commonhouse, wetland waste system, parking, landscape etc). You own and are responsible for the interior of your home; the strata owns and is responsible for the exterior.
As in other stratas, already occupied homes in the village are sold privately by their owners, not by the strata group. The listing price is at the discretion of the seller, and reflects both the value of the home, plus a share in the value of the community facilities.
The City of Chilliwack appraises your home and bills you directly for your property tax. Home owners’ and seniors’ discounts apply. Because our homes are on the same title with working farmland, we have particularly low taxes.
Fees cover: exterior house maintenance, insurance, water, common facility maintenance, garbage etc
Each home pays its share, based on a formula that takes into account its assessed value, and its size and number of residents.
We have a volunteer Maintenance Team that takes on tasks like mowing and snow removal amongst others, which result in lower than usual strata fees.
Hydro- each unit has its own meter- we benefit from upgraded energy efficiencies
Village wide LAN is available for every home
Water, garbage, waste water - covered by strata fees
Gas- not all homes have gas hookup, units are not individually metered, costs are shared by those with gas hook-up based on an agreed formula