BCBusiness

June 2019 – What's With the Suit, Mann?

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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LEFT: COURTESY OF TONY BROWTON, RE/MAX CITY REALTY; SOURCES: STATISTICS CANADA, BC ASSESSMENT 34 BCBUSINESS JUNE 2019 the family home, pocket some coin, and downsize into a lakeside cottage. The desire for a simpler and safer time spent outdoors is the motivation for those who see value in giving their kids what they, as children, took for granted: an ability to experience nature rsthand, to roam widely and freely. This scenario, to a degree, is what motivated MacLennan. "This would be a place where I could see a lot of stars at night, and where my son is going to discover what it's like to collect snails," she says. The words spill qu ick ly out of MacLennan, 43, a composed communica- tions professional whose approach to buy- ing a vacation property was re‚ective of MacLennan herself: informed and highly organized. In keeping with her methodi- cal nature, she had a wish list, literally, of what they were looking for, broken down into must-haves, nice-to-haves and deal breakers. "Well, it had to have character," MacLennan says. "We wanted it to be waterfront. Not 'water view,' waterfront. And a replace." All pretty standard. But the list also included sexless pragmatic C O T TAG E I N D U S T RY The province's top 10 recreational property markets in 2018, based on sales tracked by Landcor Data Corp. SALES 1. Gulf Islands ............52 2. Port Alberni ............42 3. Sechelt ....................38 4. Chilliwack ..............29 5. Salmon Arm ...........28 6. Grand Forks ............26 7. Prince George........25 8. Nanaimo ..................21 9. Vanderhoof .............20 10. Duncan ....................17 9 4 5 7 2 1 10 3 8 6 BEACHCOMBER HEAVEN GIBSONS POPULATION: 9,132 (2016 census) POPULATION DENSITY PER SQ. KM: 665.2 PRIVATE DWELLINGS: 4,481 (occupied by usual residents: 4,182) CLOSEST HOSPITAL: Sechelt Hospital CLOSEST INTERNATIONAL AIRPORT: YVR COMMUTING TIME FROM DOWNTOWN VANCOUVER: 2.45 to 3.15 hours (includes 30- to 60-minute ferry terminal wait) AVERAGE ASSESSED VALUE 2018, SINGLE FAMILY RESIDENTIAL: $605,000 AVERAGE ASSESSED VALUE 2019, SINGLE FAMILY RESIDENTIAL: $675,000 (+12%) WHAT $500,000 WOULD GET YOU THIS SPRING: Two-bedroom, 905-square-foot ocean-view cabin BUY HERE IF… You want a quiet, beautiful setting in or around a quaint and attrac- tive town that has a modest selection of pubs, and a restaurant scene that will likely become more sophisticated. Ex–Lower Mainlanders have been moving to the Sunshine Coast to escape high housing costs, and they expect to eat well

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