Real estate development, or property development, is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved land or parcels to others. Developers are the coordinators of the activities, converting ideas on paper into real property. Real estate development is different from construction, although many developers also construct. More often than not, however, developers will turn to other organizations for construction.

With the broad range of development opportunities to be found across the Greater Vancouver area and the steady growth which has peaked further interest in developing the region; Metro Vancouver has found itself in the gifted position of having many prime locations for potential homeowners while having developers competing aggressively to populate their existing properties. What this means for anyone wishing to build or buy a home in Vancouver is a buyers market one way or the other; though federal studies and the evidence of trends has show that buying and building new is the most cost-effective way to break into the market.

Pars Homes and the highly recognized realtors with whom they have formed partnerships allows any potential home owner to enter into this competitive market with a leading and equally competitive edge to ensure the best value for one's investment in property. Familiarity with the subtleties of market and development agents mean aspiring home owners find themselves on equal footing with those who would sell them land and/or home. A decided advantage when dealing with prices very often in the hundreds of thousands and higher.

Developers are not against you however in the process of buying or building your home and are in large part a contributor to the factors that help keep new homes within reach of potential builders or buyers. This is done through several methods.

First Nations Leasing – Though the lines can some be blurred by the proximity of First Nations Lease land which has already been built on to non first nation lease land; leases not infrequently stretching back 30 years or more; there are still sizable lease opportunities becoming available today which allow developers to construct new homes at lower costs to them which translates into savings for the builder or buyer. In turn, properties can and have often sprung up around these leases that determine their value in part by the value of surrounding parcels. The lower price of one developer's property, the less can reasonably be asked for a comparable home in the same area.

Loans – By nature, loans are meant to be about small term gains in exchange for often very long term expenses. The more expensive a loan is though the farther beyond the reach of potential home owners a home becomes. Through the efforts of property development agents and the work of other interested parties such as some branches of the government and banks, this need for better valued loans translate into many of the various equity and mortgage loans and rates that exist today,

Government Interest – The various levels of government, in a variety of ways and depths, take serious interesting in seeing that developers are able to succeed their plans so that regions may become increasingly prosperous and in turn contribute more back to the economy. This cooperation between developers, banks, and the levels of government has resulted not only in lower property prices but as well in the creation of tax rebates and incentives to encourage the purchase of new homes as well as to improve the value of existing homes through renovation incentives.

Financing – The nature of loans is not simply appealing to the institutions that offer them but to financial institutes that see the value in receiving part of the payment and interest of a loan while likewise assuming only some of the risk of putting it forward. This dynamic, combined with the interests of developers in better valued loans, has lead to the various financing options that potential homeowners are able to get when either purchasing a home or taking out a loan needed to purchase a home.