09/10/2026
Thinking about building a custom home on Vancouver’s North Shore? This may be a more interesting time to start planning than you think.
Over the past year, the cost of building has continued to rise. Material prices, appliances, transportation, and other construction-related expenses have all increased, with higher fuel costs adding even more pressure to the cost of getting materials to site.
But there’s another side to the story.
While construction costs have gone up, land values in parts of West Vancouver, the City of North Vancouver, and the District of North Vancouver have come down from previous levels.
That means buyers may be able to secure a property for significantly less today, potentially offsetting some of the increased costs of construction.
For anyone considering their first custom home, the real question isn’t just, “What does it cost to build?” It’s also, “What does the entire opportunity look like today?”
If you’re considering building a custom home on the North Shore, connect with Vela Homes. We can help you understand the numbers, evaluate the opportunity, and plan your project with confidence.
