Sales are beginning a month later than usual, but organizers are expecting another quick sellout of tickets for the Y Dream Home Lottery.
The annual lottery has become extremely popular in recent years, with records for fastest ticket sellout being broken year after year in the past half-decade.
The Y Dream Home is the grand prize in the annual lottery that also features hundreds of secondary prizes. The home is built via a partnership between the Canadian Home Builders' Association and Thompson Rivers University's School of Trades.
The 2021 grand prize is a $720,000 home at 105-2575 Elston Dr. in Westsyde. The 2,800-square-foot, two-storey house was designed by Ivory Winston of Procad Designs Ltd. and the interior designer was Deanne Roberts of Fine & Dandy Interiors. The house style is contemporary craftsman.
CHBA-CI builder Tom Eggers of Chimera Construction Ltd. was project manager, with various CHBA-CI members chipping in with product and labour support.
The lottery also has a 50/50 draw component, with the pot being split between the winner and the Y.
Bryce Herman, longtime spokesperson for the lottery, said ticket sales will begin on May 4, about a month later than normal.
The delay is due to the pandemic and its impact on protocols in use when the house was being built.
"If anybody has ever been around a construction site, usually the last few weeks, or certainly the last two or three months, people are all tripping over each other, right? You've got plumber in there. You've got the electrician in there. You've got a painter and you've got a finishing carpenter. You've got all these teams in there and they're all tripping over each other. The landscaper is out front and everything else," Herman said.
"Well, they can't do that anymore with COVID, so it has to be cohorts coming in separately. They leave and the next cohort comes in and so on. So, it's put a four-week delay on construction."
Herman said the delay in start of ticket sales should not impact final results, noting the lottery has accumulated "critical momentum" over the last few years, with a track record of selling out on primary tickets within weeks of sales beginning.
While sales are beginning late, the draw will still be held in early July.
Last year, it took 12 days to sell all 17,000 tickets. In 2019, all tickets were sold within 10 days of going on sale. Last year's $700,000 home in Orchards Walk in Valleyview was won by Nicole Larsen.
Due to the pandemic, it is expected the process this year will be similar to that of last year, with no live tours, but virtual tours online at ydreamhome.ca, where tickets will be on sale as of May 4.
Editor's note: The value of the home has been updated now that the house is finished.