Heritage Revitalization Agreements
An artist's illustration of the HRA for West Vancouver's heritage Vinson House with the addition of two cottages on the large property
at 1425 Gordon Ave in Ambleside
A Heritage Revitalization Agreement, or
HRA for short, is a formal, voluntary,
written agreement that is negotiated
between a property owner and a local
government. It outlines the duties and
obligations of, and the benefits to both
parties of the agreement. The agreement
allows local governments to supersede
local zoning regulations and to provide
non-financial incentives which would
make it viable for owners to conserve
property of heritage merit. An HRA is a
form of long-term, legal protection enable
with a bylaw that is registered on the title
of the property. It is written to suit unique
properties and situations. Therefore, each
HRA is different from the next and does
not create precedence. Under an HRA
the City may vary the provisions of use,
density, zoning, subdivision, sitting
regulations and permits. With property
values soaring through the roof, heritage
homes have little to no value compared to
the land they sit on and are at risk of
and effective way to save at-risk heritage
1425 Gordon Ave. 1913.
Approved Heritage Revitalization
On June 6, 2016, the "Vinson House"
became a legally protected heritage
resource when West Vancouver
Council approved the Heritage
Designation Bylaw and the Heritage
exchange, the property owner will be
adding additional units to the site
including a laneway cottage, a garden
cottage and a garden suite in the
heritage house to create 4 strata lots.
The Edwardian garden in the front
yard will also be preserved.
Vinson House was built in 1913 for
Valient Vinson, Mayor of West
Vancouver from 1918-1920, 1922,
and 1927-1929. It was the first house
in the upper Hollyburn area, and it is
well-preserved and an excellent
example of the Craftsman Style.
Statement of Significance gives
heritage value to the Vinson House
for its architecture, its age, the
development patterns it illustrates,
and the significance of its original
Market Update – Keep Calm and Carry On
You can’t pick up
turn on the TV or open social media without being inundated
with information about the real estate market in Vancouver.
Since the Liberal government
introduced the 15% foreign buyer tax at the beginning of August,
the headlines have become
even more sensational. There is no doubt the new tax to
ok the momentum out of the market
but the sky is not falling either.
Sales of detached homes in August 2016 were down 35%
compared to August 2015. North Van fared well considering sa
les in other areas decreased
over 60% such as West Van, the Westside and Burnaby. The benc
hmark price for detached
homes in North Van
July was $1,699,200 and decreased slightly in August to $1,689,900,
but is up 42% since August 2015. The benchmark price has increased
every month since the beginning of 2015.
The tax on foreign buyers has dramatically curbed
activity, but the figures also show the number of buyer
s in the market is still out pacing sellers.
It is too soon to make any predictions and more months
of data is needed to see a trend, so for
now: Keep Calm and Carry On!