Laneway Homes – A Great Investment for Homeowners

Just because the real estate market in Vancouver is not as hot as it once was, does not mean that the housing supply for the rental market in this city has changed at all. It is still very tight.

Cost and availability of rental housing tight

The cost of renting a one-bedroom apartment is roughly $2,100 a month and vacancy rates are near the one percent mark. The market is so tough for the average-income Vancouverite that Mayor Kennedy Stewart recently said that "every day, renters approach me with heartbreaking stories of how close they are to being pushed out of Vancouver."

Laneway homes are a solution

One of the solutions to increase units for the rental market is laneway homes. These are defined as a "small house at the rear of a lot near the lane. It is intended for a single household, and may or may not include an attached garage."

Laneway houses in Vancouver have been around since 2009 and over 4,000 building permits so far have been issued for these structures. The City expects another 4,000 to be built over the next decade.

Can be very profitable for homeowners as rental property 

If your home is eligible for a laneway house (Kerr can help you determining this), these are a great investment to obtain secondary income through a rental property. A city survey found most laneway houses take less than one-and-a-half years to develop and, after completion, can be rented for around $3,000 a month. With carrying costs of about $1,500, that's $1,500 a month in net revenue, an excellent investment!

Kerr Construction is on the verge of completing a fantastic laneway home on West 20th.

Small but Kerr designs them to feel big with subtle features

It is fantastic because the design has subtle features which maximize the feeling of roominess of the house despite building restrictions on the size of the footprint, which is around 750 square feet.

The design and construction are also preserving the trees around the property, which would usually be cut down in such an addition.

For instance, rather than using concrete footings to anchor the foundation wall on one side of the structure, screw piles were used instead. This saved several beloved trees which would have had their roots destroyed due to the installation process of normal concrete footings.

Also, regular gutters could not be used on one side of the laneway house due to the close proximity of the property line. So a soffit with built-in gutters was installed.

Another thoughtful feature was the placement of the electrical panel. BC Hydro had installed the electrical meter on the wall just outside the kitchen. Rather than having the electrical panel in the kitchen, Kerr placed it in the garage by running a cable from the meter, down along the foundation wall to the garage.

This laneway home is expected to be completed by the end of August. The construction will take only six months, not including design and permits.

Not only will it be a profitable addition to the homeowner's property, it will be a very aesthetic one as well.

3D Renderings of laneway home under construction

We can help you determine if a laneway house is right for you.

You can talk to one of our project consultants without obligation to find out more by filling out our form.

Tags: , ,

Leave a Reply


Some Testimonials from Our Past Clients

Fixing water damage at my house and doing some renovations. Great work - would recommend Kerr Construction came out and fixed a water leak I...

S.W., Richmond

HomeStars Review

Kitchen Renovation. All trades were wonderful, cleaned up every day, on time, pleasant to have around, and the finished product was totally up to our...

AGS, Westside

HomeStars Review

House Renovation. Good comprehensive work on project from initial discussion of concepts to architectural design to execution to lockup. Work was well done and has...

M, Vancouver

HomeStars Review

It is a pleasure to recommend Kerr Construction whom we have known through a major renovation contract last year. We are quite impressed with his...

I & M, Vancouver

We would like to thank you for renovating the bathroom of our 60 year old house. The work was essentially completed within three weeks as...

B & E, Vancouver

I would like to compliment you on getting the painting and alterations done on time and on schedule. As you know, we use this building...

B.M., Vancouver

As the owner of a forty-unit apartment building located at 230 Ash Street in New Westminster, we have recently replaced the entire building envelope. In...

G.B., Vancouver

This letter will confirm that Kerr Construction has done many jobs for the Justice Institute and we have found his work to be of first...

P.W., Vancouver

Good Job overall! The job was for a reno of the bathroom. The job was done overall very well … the contractor was friendly and...

Aatma, Coquitlam

HomeStars Review

Renovation of decks. The work was performed on time. I was always kept informed of their progress. The quality of the work was very good...

Neil, Kitsilano

HomeStars Review


Our Projects Run Smoothly,
On Budget and On Schedule

We know that keeping projects on budget and on
schedule makes a successful home renovation or
new building construction



Detailed Planning,
Skilled Workmanship

At Kerr we think through all the little details
and how things will function, like which way doors
will swing on the cabinets or the fridge



The Homeowner is
Part of the Process

This puts the homeowner in control
and is the best way to make sure they
are getting the most value out of their project

kerr construction project
kerr construction project
kerr construction project
kerr construction project
kerr construction project
kerr construction project

Call Now