Vancouver Price Drop

Documenting Vancouver real estate price movements

Weekly Desperation Score Suburbs – April 16, 2014

Here are the 10 properties outside of Metro Vancouver (Vancouver West, Vancouver East, Burnaby, Richmond, North Vancouver and West Vancouver) that changed their price or were relisted under a new MLS number the previous 1 week AND have the highest desperation score which is a formula based on price changes, relists and amounts pro rated for recency.  This will hopefully provide a more interesting look at the suburbs since previous weekly drops for these areas were completely filled with old condo’s and lot sales

White Rock leads the way with 3 properties in the top 10


#10 ) Address:1638 OCEAN PARK RD, Crescent Beach/Ocean Park, White Rock

May 02, 2008 F2812789 $879,900 $0 0%
May 21, 2008 F2812789 removed after 19 days
October 15, 2011 F1125532 $1,598,000 $0 0%
November 24, 2011 F1125532 removed after 40 days
January 28, 2012 F1202313 $1,538,800 $-59,200 -4%
March 29, 2012 F1202313 $1,488,800 $-109,200 -7%
May 01, 2012 F1202313 removed after 94 days
May 29, 2012 F1213883 $1,468,000 $-130,000 -8%
July 29, 2012 F1213883 removed after 61 days
September 06, 2012 F1222184 $1,468,000 $-130,000 -8%
December 01, 2012 F1222184 removed after 86 days
February 16, 2013 F1303610 $1,398,000 $-200,000 -13%
April 05, 2013 F1303610 $1,339,000 $-259,000 -16%
May 12, 2013 F1303610 removed after 85 days
May 21, 2013 F1311834 $1,339,000 $-259,000 -16%
May 30, 2013 F1311834 removed after 9 days
July 18, 2013 F1316930 $1,339,000 $-259,000 -16%
August 30, 2013 F1316930 removed after 43 days
September 23, 2013 F1322052 $1,338,800 $-259,200 -16%
November 27, 2013 F1322052 removed after 65 days
December 02, 2013 F1326527 $1,298,000 $-300,000 -19%
March 03, 2014 F1326527 removed after 91 days
March 14, 2014 F1405878 $1,328,000 $-270,000 -17%
April 14, 2014 F1405878 $1,268,800 $-329,200 -21%

 

f1405878_1

Current Days on Market: 916 (2.51years)
Current ‘Official’ Days on Market: 35
2013 Assessment: $1,247,000
2011 Assessment: $1,311,000
Desperation Score: 30.1

Space + Volume + Prime Location. This custom designed gated residence sits on nearly a 1/4 acre on exclusive Ocean Park Road. Located across the bluff in the epicenter of activity, this home is walking distance to 1001 steps, Kwomais Park, amenities of Ocean Park Village, and Ocean Cliff Elementary. 3500+ square foot 4 Bedroom + Den, 4 Bath home features soaring ceiling heights throughout and a grand 22′ foyer, stunning ebony-soaked oak hardwood on main, steam laundry upstairs, multiple decks provide plenty of outside entertaining space, vaulted Great Room, granite kitchen with stainless appliances, travertine inspired bathrooms, 200+ bottle wine cellar, home office, 3 fireplaces, Jack & Jill bathroom separates boys & girls rooms, high-tech central air conditioning, fully self-contained suite (In-law/nanny suite, or easily converted to 2nd master suite), carpeted/heated garage is perfect for home gym, high-end LED hot tub, staggered cedar siding and quality built with 2×6 construction.

In the last 2.5 years this home has had 10 MLS Numbers, 8 price drops, 1 price increase and 3 relist at same prices.  Meanwhile the assessment continues to drop


#9 ) Address:# 409 10088 148TH ST, Guildford, North Surrey

January 25, 2013 F1301760 $299,000 $0 0%
June 30, 2013 F1301760 removed after 156 days
November 03, 2013 F1324931 $235,000 $-64,000 -21%
November 23, 2013 F1324931 $229,800 $-69,200 -23%
December 13, 2013 F1324931 $225,000 $-74,000 -25%
January 20, 2014 F1324931 removed after 78 days
January 27, 2014 F1401798 $225,800 $-73,200 -24%
February 26, 2014 F1401798 $219,900 $-79,100 -26%
April 10, 2014 F1401798 removed after 73 days
April 16, 2014 F1408982 $218,900 $-80,100 -27%

 

f1408982_1

Current Days on Market: 448 (1.23years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $229,800
2011 Assessment: $243,600
Desperation Score: 30.7

Brand new carpet, newly painted ceiling, clean, and ready to move in! Bright top floor unit with high 9 feet ceiling, big windows & private northerly exposure and outdoor balcony has view to court yard and beyond. Spacious 2 bedroom plus flex room (den/bedroom), 2 bath and extra area in bedroom as den, very functional layout and professionally managed buildings. Resort style amenities: swimming pool, sauna, gym, party room & 2 tennis courts, call now and move in to your dream home today!


#8 ) Address:# 208 15323 17A AV, King George Corridor, White Rock

June 04, 2008 F2816825 $399,000 $0 0%
June 19, 2008 F2816825 removed after 15 days
July 30, 2008 F2822896 $399,000 $0 0%
November 27, 2008 F2822896 removed after 120 days
February 25, 2012 F1204793 $310,000 $-89,000 -22%
March 02, 2012 F1204793 removed after 6 days
March 23, 2012 F1207262 $315,000 $-84,000 -21%
October 03, 2012 F1207262 removed after 194 days
October 06, 2012 F1224864 $315,000 $-84,000 -21%
March 01, 2013 F1224864 removed after 146 days
January 16, 2014 F1400152 $259,900 $-139,100 -35%
February 05, 2014 F1400152 $249,900 $-149,100 -37%
March 05, 2014 F1400152 $239,900 $-159,100 -40%
March 24, 2014 F1400152 $234,900 $-164,100 -41%
April 02, 2014 F1400152 removed after 76 days
April 14, 2014 F1408504 $234,900 $-164,100 -41%

 

f1408504_1

Current Days on Market: 92 (0.25years)
Current ‘Official’ Days on Market: 4
2013 Assessment: $289,000
2011 Assessment: $304,000
Desperation Score: 30.8

2 bedroom, 2 bathroom corner unit at Semiahmoo Place. Large sq. footage unit with crown mouldings, 9′ ceilings, in-suite laundry and a corner electric fireplace. Close to Semiahmoo Mall, parks, other shopping, public transportation and restaurants. Minutes from the beach and Peace Arch border crossing. Pets and rentals allowed with restrictions.

20% below assessment and 41% below 2008 asking prices


#7 ) Address:# 232 2821 TIMS ST, Abbotsford West, Abbotsford

July 18, 2007 F2718535 $127,500 $0 0%
August 14, 2007 F2718535 removed after 27 days
September 25, 2007 F2724636 $169,800 $0 0%
October 05, 2007 F2724636 $164,000 $-5,800 -3%
October 25, 2007 F2724636 removed after 30 days
February 13, 2014 F1402915 $89,900 $-79,900 -47%
March 07, 2014 F1402915 $84,900 $-84,900 -50%
April 14, 2014 F1402915 $79,900 $-89,900 -53%

 

f1402915_1

Current Days on Market: 64 (0.18years)
Current ‘Official’ Days on Market: 64
2013 Assessment: $94,900
Desperation Score: 31.1

Affordable “Parkview Estates”. Two bedroom and one full bathroom second floor condo. Covered balcony with reasonable privacy. Well managed 19+ building. Comes with secure u/g parking and additional storage on same floor as unit. Two cats ok, but (sorry) no dogs. Call, email or text for further details. * PREC – Personal Real Estate Corporation

15% below assessment and a whopping 53% below 2007 listing prices


#6 ) Address:975 FRASER AV, Hope Center, Hope and Region

May 22, 2013 H1302081 $119,900 $0 0%
August 17, 2013 H1302081 $98,900 $-21,000 -18%
November 15, 2013 H1302081 $84,900 $-35,000 -29%
November 23, 2013 H1302081 removed after 185 days
March 21, 2014 H1401049 $127,500 $0 0%
April 14, 2014 H1401049 $115,500 $-12,000 -9%

 

No Picture

Current Days on Market: 331 (0.91years)
Current ‘Official’ Days on Market: 28
2013 Assessment: $120,900
Desperation Score: 31.3

What a deal on this rancher with full separate entry basement. Great opportunity to build some sweat equity. Perfect for a first time buyer or anyone looking to do a little work. 2 Large bedrooms on the main and a full bathroom. Full unfinished basement could easily be made into 2 more bedrooms and a recroom or keep as a workshop. Good size lot. Call for details.

This place doesn’t sell for $85K in November but they relist in March for $128K…


#5 ) Address:# 301 1519 GRANT AV, Glenwood, Port Coquitlam

June 24, 2011 V896089 $199,500 $0 0%
December 17, 2011 V896089 removed after 176 days
January 07, 2012 V923924 $198,800 $-700 0%
May 01, 2012 V923924 $195,500 $-4,000 -2%
May 28, 2012 V923924 $192,500 $-7,000 -4%
July 06, 2012 V923924 removed after 181 days
September 15, 2012 V971639 $190,000 $-9,500 -5%
December 10, 2012 V971639 $188,000 $-11,500 -6%
January 11, 2013 V971639 removed after 118 days
January 26, 2013 V987357 $187,000 $-12,500 -6%
May 21, 2013 V987357 $185,000 $-14,500 -7%
August 01, 2013 V987357 removed after 187 days
January 27, 2014 V1043783 $159,000 $-40,500 -20%
February 12, 2014 V1043783 $149,900 $-49,600 -25%
March 19, 2014 V1043783 $143,900 $-55,600 -28%
April 14, 2014 V1043783 $139,900 $-59,600 -30%

 

v1043783_1

Current Days on Market: 1029 (2.82years)
Current ‘Official’ Days on Market: 81
2013 Assessment: $166,400
Desperation Score: 31.9

The Beacon, a superbly located building. Walk to shops, eateries, and bus service. Quiet location. This building was recently rainscreened, which also included a new roof and windows. This is a great looking and well-maintained building. The suite is located close to the elevator, no need to carry your groceries down a long hallway! This is a spacious suite and offers a large walk-in closet plus a large laundry room. There is room for a small table in the kitchen as well. Gas fireplace.

3 years of price drops and now 15% below assessment


#4 ) Address:# 1305 15152 RUSSELL AV, White Rock, White Rock

February 05, 2009 F2902081 $312,000 $0 0%
February 20, 2009 F2902081 removed after 15 days
March 02, 2011 F1105330 $219,000 $-93,000 -30%
March 10, 2011 F1105330 removed after 8 days
November 10, 2011 F1127261 $344,900 $0 0%
February 10, 2012 F1127261 removed after 92 days
March 26, 2012 F1207518 $344,900 $0 0%
May 11, 2012 F1207518 removed after 46 days
August 11, 2012 F1220496 $349,500 $0 0%
March 01, 2013 F1220496 removed after 202 days
March 16, 2013 F1306018 $259,000 $-90,500 -26%
April 16, 2013 F1306018 removed after 31 days
June 15, 2013 F1314180 $239,000 $-110,500 -32%
July 20, 2013 F1314180 $229,000 $-120,500 -34%
December 02, 2013 F1314180 removed after 170 days
February 08, 2014 F1402814 $219,000 $-130,500 -37%
March 07, 2014 F1402814 $214,000 $-135,500 -39%
April 10, 2014 F1402814 $205,000 $-144,500 -41%

 

f1402814_1

Current Days on Market: 890 (2.44years)
Current ‘Official’ Days on Market: 69
2013 Assessment: $248,000
2011 Assessment: $251,000
Desperation Score: 32.3

Must Sell!!! Priced much below the assessed value for a quick sale. Unit is vacant and priced for immediate occupancy. Welcome to the Miramar Village luxury executive bachelor suite built by the Bosa Properties which offers high end appliances, large built in murphy bed, heated floors, A/C, full size washer/dryer, lots of storage, high end finishing thru-out plus breathtaking North Shore Mountain, City and Golden Ears Views. Convenient urban village location with all the amenities including transportation, restaurants, and shopping right outside your front door. Call today! At this unbelievable price it won’t last long! * PREC – Personal Real Estate Corporation

“Must Sell!!! Priced much below the assessed value for a quick sale. Unit is vacant and priced for immediate occupancy. At this unbelievable price it won’t last long! ”  Listed for two and a half years and down 41%


#3 ) Address:10329 N DEROCHE RD, Dewdney/ Deroche, Mission

June 17, 2013 F1314522 $298,000 $0 0%
July 25, 2013 F1314522 $249,000 $-49,000 -16%
November 15, 2013 F1314522 $199,000 $-99,000 -33%
April 14, 2014 F1314522 $149,000 $-149,000 -50%

 

f1314522_1

Current Days on Market: 305 (0.84years)
Current ‘Official’ Days on Market: 305
2013 Assessment: $295,300
Desperation Score: 33.7

2 Bedroom home on 1.2 Acre in the country with creek and beautiful trees. Right across from the newer school & playground and school bus pick up for high school kids. Walking distance to store. Single car garage with root cellar under it. Priced way under assessment value.

50% drop and 50% below assessment.  Another home on Deroche street is #1 this week


#2 ) Address:20761 GRADE CR, Langley City, Langley

May 17, 2008 F2814627 $458,800 $0 0%
June 13, 2008 F2814627 $439,800 $-19,000 -4%
August 08, 2008 F2814627 $429,800 $-29,000 -6%
November 01, 2008 F2814627 removed after 168 days
February 26, 2012 F1204926 $439,000 $-19,800 -4%
April 21, 2012 F1204926 $429,000 $-29,800 -6%
May 11, 2012 F1204926 removed after 75 days
August 26, 2012 F1221558 $449,700 $-9,100 -2%
September 19, 2012 F1221558 $439,700 $-19,100 -4%
October 01, 2012 F1221558 $429,700 $-29,100 -6%
October 24, 2012 F1221558 $419,700 $-39,100 -9%
November 08, 2012 F1221558 removed after 74 days
August 24, 2013 F1319771 $525,000 $0 0%
September 23, 2013 F1319771 $499,900 $-25,100 -5%
September 25, 2013 F1319771 removed after 32 days
October 04, 2013 F1322929 $499,900 $-25,100 -5%
October 25, 2013 F1322929 $479,000 $-46,000 -9%
March 03, 2014 F1322929 removed after 150 days
March 17, 2014 F1405922 $475,000 $-50,000 -10%
March 27, 2014 F1405922 $459,900 $-65,100 -12%
April 14, 2014 F1405922 $440,000 $-85,000 -16%

 

f1405922_1

Current Days on Market: 237 (0.65years)
Current ‘Official’ Days on Market: 32
2013 Assessment: $492,000
Desperation Score: 34.3

Beautiful 5 bedroom home with unauthorized suite perfect for 1st time buyer or investor, situated in a very quiet area of Langley, close to all amenities. This home features a great open floor plan with vaulted ceilings and floor to ceilinggas fireplace. Sunken living room, new laminate, tile & carpet. Very large fenced backyard. Large workshop. Great neighbourhood. Walking trails close by. Don’t miss your chance to see this wonderful home. Quick possession available book your viewing today.

3 price drops in the last month and 10% below assessment


#1 ) Address:10928 N DEROCHE RD, Dewdney/ Deroche, Mission

August 28, 2007 F2722132 $490,000 $0 0%
October 02, 2007 F2722132 removed after 35 days
June 07, 2008 F2817167 $539,900 $0 0%
July 01, 2008 F2817167 $519,000 $-20,900 -4%
July 26, 2008 F2817167 $499,900 $-40,000 -7%
October 22, 2008 F2817167 removed after 137 days
February 22, 2011 F1104493 $508,800 $-31,100 -6%
March 24, 2011 F1104493 $488,800 $-51,100 -9%
April 08, 2011 F1104493 $485,800 $-54,100 -10%
April 22, 2011 F1104493 $480,200 $-59,700 -11%
May 06, 2011 F1104493 $480,800 $-59,100 -11%
May 14, 2011 F1104493 $478,800 $-61,100 -11%
May 20, 2011 F1104493 $475,800 $-64,100 -12%
June 10, 2011 F1104493 $469,800 $-70,100 -13%
June 25, 2011 F1104493 $465,800 $-74,100 -14%
September 11, 2011 F1104493 removed after 201 days
March 02, 2013 F1304787 $430,000 $-109,900 -20%
October 30, 2013 F1304787 removed after 242 days
November 27, 2013 F1326241 $369,000 $-170,900 -32%
January 04, 2014 F1326241 $344,900 $-195,000 -36%
January 23, 2014 F1326241 $342,900 $-197,000 -36%
February 18, 2014 F1326241 $319,000 $-220,900 -41%
March 07, 2014 F1326241 $299,000 $-240,900 -45%
April 10, 2014 F1326241 $284,900 $-255,000 -47%

 

f1326241_1

Current Days on Market: 412 (1.13years)
Current ‘Official’ Days on Market: 142
2013 Assessment: $373,000
Desperation Score: 41.1

VIEWS!!! VIEWS!!! VIEWS!!! 3 bedroom rancher on 1.23 PRIVATE acres in a gorgeous country setting! Beautiful views of the Fraser Valley! Totally private!!! Situated at the dead end of a country street with a long driveway off the road! Has low unfinished walk-out basement (great for storage)!!! Double garage!

“VIEWS!!! VIEWS!!! VIEWS!!!” yes no picture of a view although they chose to show a picture of a trap door staircase leading into some sort of abyss.  47% in price drops

Weekly Drop Metro Vancouver Attached – April 15, 2014

Here are the 10 attached properties in Metro Vancouver (Vancouver West, Vancouver East, Burnaby, Richmond, North Vancouver and West Vancouver) that changed their price or were relisted under a new MLS number the previous week AND have dropped the largest percentage overall from their original asking price.

 


#10 ) Address:# 302 540 WATERS EDGE CR, Park Royal, West Vancouver

May 12, 2007 V646827 $1,029,000 $0 0%
July 10, 2007 V646827 $998,000 $-31,000 -3%
September 21, 2007 V646827 $988,000 $-41,000 -4%
November 26, 2007 V646827 removed after 198 days
December 12, 2007 V680900 $991,000 $-38,000 -4%
February 08, 2008 V680900 $969,000 $-60,000 -6%
March 12, 2008 V680900 $948,500 $-80,500 -8%
May 28, 2008 V680900 $928,800 $-100,200 -10%
July 01, 2008 V680900 $898,000 $-131,000 -13%
October 01, 2008 V680900 removed after 294 days
March 21, 2009 V757946 $849,000 $-180,000 -17%
June 24, 2009 V757946 $798,000 $-231,000 -22%
July 15, 2009 V757946 removed after 116 days
April 13, 2012 V942821 $1,148,000 $0 0%
June 19, 2012 V942821 $999,000 $-149,000 -13%
June 30, 2012 V942821 removed after 78 days
August 02, 2012 V964749 $999,000 $-149,000 -13%
September 19, 2012 V964749 $919,000 $-229,000 -20%
January 01, 2013 V964749 removed after 152 days
January 12, 2013 V984698 $918,000 $-230,000 -20%
February 26, 2013 V984698 $899,000 $-249,000 -22%
April 10, 2013 V984698 removed after 88 days
April 14, 2014 V1057629 $888,000 $-260,000 -23%

 

v1057629_1

Current Days on Market: 2 (0.01years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $798,000
Desperation Score: 10.1

The ultimate in Luxury living in West Vancouver’s Waters Edge. 1150sf of Class and grandeur. Enjoy up close view of Lions Gate Bridge and tranquil of the Capilano Rive, from your 2 bedroom and spacious den ( currently transformed to the third bedroom) apartment. This air conditioned unit offers a large kitchen with subzero and Miele appliances and granite countertop. Hardwood and travertine flooring gives this unit a more comfortable feeling. A MUST to see unit.

“Capilano Rive”, Purchased for $817,000 in March, 2013 and going for a quick flip – I’d be willing to bet it eventually sells for under $817,000


#9 ) Address:# 104 36 E 14TH AV, Mount Pleasant, Vancouver East

March 21, 2013 V996791 $179,900 $0 0%
April 13, 2013 V996791 $177,900 $-2,000 -1%
May 07, 2013 V996791 $174,900 $-5,000 -3%
May 25, 2013 V996791 $168,400 $-11,500 -6%
June 19, 2013 V996791 removed after 90 days
October 25, 2013 V1033076 $163,400 $-16,500 -9%
January 22, 2014 V1033076 $155,000 $-24,900 -14%
January 23, 2014 V1033076 removed after 90 days
March 20, 2014 V1053381 $149,000 $-30,900 -17%
April 04, 2014 V1053381 $143,900 $-36,000 -20%
April 09, 2014 V1053381 $139,000 $-40,900 -23%

 

v1053381_1

Current Days on Market: 391 (1.07years)
Current ‘Official’ Days on Market: 27
2013 Assessment: Unknown
Desperation Score: 36.5

This is easy living West of Main! Terrific 1 bedroom updated suite on main floor for easy access. Newer laminate walnut floors throughout, functional kitchen with newer appliances and marble counters, tasteful 4 piece bath with pedestal sink, and fresh paint throughout. This bright suite is in a great leasehold building…low maintenance fees include taxes, cable, heat and hot water. Bright, beautiful and affordable! Prepaid lease to 2074 and a great investment.

Leasehold’s don’t sell particularly well even in the best of times but this one at least has a prepaid lease for another 60 years. 


#8 ) Address:# 3403 1255 SEYMOUR ST, Downtown, Vancouver West

February 02, 2007 V628272 $1,499,900 $0 0%
March 13, 2007 V628272 $1,399,000 $-100,900 -7%
April 17, 2007 V628272 removed after 74 days
June 07, 2007 V651747 $1,349,000 $-150,900 -10%
September 01, 2007 V651747 removed after 86 days
March 21, 2008 V696207 $1,199,000 $-300,900 -20%
April 24, 2008 V696207 removed after 34 days
January 02, 2009 V731170 $1,199,900 $-300,000 -20%
April 14, 2009 V731170 removed after 102 days
September 14, 2013 V1027175 $1,689,900 $0 0%
September 18, 2013 V1027175 removed after 4 days
April 14, 2014 V1057885 $1,300,000 $-389,900 -23%

 

v1057885_1

Current Days on Market: 2 (0.01years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $1,152,000
2011 Assessment: $1,176,000
Desperation Score: 18.7

Spectacular penthouse at the Elan, with breathtaking SW ocean and city views from each room, sprawls over 1320sf of living space on two levels. Main level features hardwood flooring throughout with open plan living, kitchen and dining rooms, allowing for bright easy living space and maximizing the fantastic views. Modern kitchen design offers efficient layouts with an island, the sleek wood cabinets and Whirlpool s/s appliances, quartz countertops and large sink. Upper level holds 2 bright bedrooms with large windows and 2 bathrooms. This home is air-conditioned and includes security system, 2 electric f/p’s, 2 parking stalls, 2 balconies and 1 storage locker. Amenities include gym, yoga, games, and sauna/steam room.

Even with a 23% drop they are still dreaming


#7 ) Address:# 205 2024 FULLERTON AV, Pemberton, North Vancouver

January 25, 2007 V627172 $339,900 $0 0%
February 25, 2007 V627172 removed after 31 days
July 13, 2007 V658586 $428,800 $0 0%
August 22, 2007 V658586 $418,800 $-10,000 -2%
November 01, 2007 V658586 removed after 111 days
February 20, 2011 V870823 $399,000 $-29,800 -7%
May 31, 2011 V870823 removed after 100 days
June 18, 2012 V957230 $349,000 $-79,800 -19%
July 19, 2012 V957230 $338,000 $-90,800 -21%
August 17, 2012 V957230 removed after 60 days
August 24, 2012 V967853 $329,000 $-99,800 -23%
November 14, 2012 V967853 removed after 82 days
April 10, 2014 V1057343 $329,000 $-99,800 -23%

 

v1057343_1

Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2013 Assessment: $317,000
Desperation Score: 5.8

CAPILANO Bldg, LARGEST sqftage,QUIET location in the bldg, N facing, 2 Balconies, 1 Storage and 1 Parking. In suite storage room large enough currently used as a DEN, EXTRA,LARGE/WIDE GALLEY KITCHEN, all closets floor to ceiling, generous dining/living room area, X-LARGE BEDROOMS. This property renovated in 2007 when purchased by current owners incl. kitchen tile floor, baseboards, closet doors, bathroom, kitchen, carpet and paint. Has been a great family home and with cosmetic updating make it your own and enjoy the extra space this 1137 sqft plan provides. Owner occupied offers easy showings/quick possession. No pets/Rental Allowed. Woodcroft offers too many amenities to list and Electricity, Heat and Hot Water Included!


#6 ) Address:# 802 33 W PENDER ST, Downtown, Vancouver West

October 06, 2006 V606457 $699,900 $0 0%
January 01, 2007 V606457 removed after 87 days
January 02, 2009 V739447 $749,900 $0 0%
June 17, 2009 V739447 removed after 166 days
July 10, 2009 V776200 $699,900 $-50,000 -7%
October 01, 2009 V776200 $569,900 $-180,000 -24%
October 01, 2009 V776200 removed after 83 days
October 09, 2009 V791967 $569,900 $-180,000 -24%
November 06, 2009 V791967 removed after 28 days
August 23, 2012 V967757 $638,000 $-111,900 -15%
October 17, 2012 V967757 $625,000 $-124,900 -17%
November 22, 2012 V967757 removed after 91 days
November 29, 2012 V981492 $615,000 $-134,900 -18%
February 08, 2013 V981492 $610,000 $-139,900 -19%
February 26, 2013 V981492 removed after 89 days
May 04, 2013 V1004778 $598,000 $-151,900 -20%
September 04, 2013 V1004778 removed after 123 days
September 20, 2013 V1027973 $575,000 $-174,900 -23%
November 29, 2013 V1027973 removed after 70 days
January 22, 2014 V1042854 $575,000 $-174,900 -23%
April 09, 2014 V1042854 removed after 77 days
April 14, 2014 V1057831 $569,000 $-180,900 -24%

 

v1057831_1

Current Days on Market: 601 (1.65years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $580,000
Desperation Score: 20.3

Amazing Sub-Penthouse at 33 Living with Epic City and Mountain Views. Buy with confidence in this boutique building built in 2008 with 10′ ceilings, floor-to-ceiling windows, custom walnut cabinetry and millwork, Mustang slate floors throughout, gas S/S cook top and quartz counters in the kitchen/bath. Very functional den with windows facing N/S mountains is perfect for an office or small bedroom. This space is super cool and chic; on the edge of Gastown and minutes walk to everything you need. One parking included, Pets and rentals allowed.

“Sub-Penthouse” not really a thing…  Has been listed under assessment for 7 months and still not selling despite being “super cool”


#5 ) Address:# 1605 158 W 13TH ST, Central Lonsdale, North Vancouver

January 20, 2010 V804537 $1,190,000 $0 0%
March 18, 2010 V804537 $1,125,000 $-65,000 -5%
May 13, 2010 V804537 $1,068,000 $-122,000 -10%
July 19, 2010 V804537 removed after 180 days
March 27, 2011 V878345 $1,068,000 $-122,000 -10%
May 14, 2011 V878345 removed after 48 days
March 14, 2012 V936835 $1,098,000 $-92,000 -8%
August 21, 2012 V936835 removed after 160 days
August 30, 2012 V968488 $980,000 $-210,000 -18%
December 01, 2012 V968488 removed after 93 days
January 27, 2013 V987481 $980,000 $-210,000 -18%
May 30, 2013 V987481 removed after 123 days
June 07, 2013 V1011236 $980,000 $-210,000 -18%
August 01, 2013 V1011236 $958,000 $-232,000 -19%
February 22, 2014 V1011236 $948,000 $-242,000 -20%
March 28, 2014 V1011236 removed after 294 days
March 30, 2014 V1055156 $919,000 $-271,000 -23%
April 10, 2014 V1055156 $899,000 $-291,000 -24%

 

v1055156_1

Current Days on Market: 763 (2.09years)
Current ‘Official’ Days on Market: 17
2013 Assessment: $1,064,000
Desperation Score: 22.8

Ideal location with fabulous panoramic views of the city,ocean,Lions Gate Bridge, and the mountains. Ideal to watch the fireworks, sunsets, and the harbour activity.Spacious 1300 sq. ft. unit open layout nicely finished, 2 bdrs.3 baths

15% under assessment


#4 ) Address:# 305 8860 NO 1 RD, Boyd Park, Richmond

November 01, 2008 V742024 $228,000 $0 0%
January 15, 2009 V742024 $218,800 $-9,200 -4%
February 15, 2009 V742024 $208,000 $-20,000 -9%
March 14, 2009 V742024 $205,000 $-23,000 -10%
March 27, 2009 V742024 removed after 146 days
February 04, 2010 V807658 $309,000 $0 0%
February 22, 2010 V807658 removed after 18 days
May 12, 2010 V829235 $309,000 $0 0%
June 16, 2010 V829235 removed after 35 days
September 23, 2010 V851376 $299,000 $-10,000 -3%
February 01, 2011 V851376 removed after 131 days
April 14, 2014 V1057450 $228,800 $-80,200 -26%

 

v1057450_1

Current Days on Market: 2 (0.01years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $175,900
2011 Assessment: $227,500
Desperation Score: 16.0

TOP FLOOR Apple Greene condo. This spacious unit has been completely renovated just 4 years ago. Kitchen has dark wood cabinetry, quartz counters, stainless steel appliances and tiled backsplash. Crown molding, baseboards, pot lights and new doors throughout. Two large bedrooms, walk-in closet and 2 FULL BATHROOMS. Second bedroom has large nook which can be converted back into a walk-in closet. Large tiled enclosed balcony (17′x6′) for year round enjoyment. Monthly maintenance fees include HEAT, HOT WATER and CITY UTILITIES. Recreation facilities with indoor and outdoor pool. Convenient location just steps from Seafair Shopping Centre and Hugh Boyd Secondary + 3 elementary schools (2 French Immersion) in walking distance.

Units in this building have been selling for right around assessment which in this case is $175K after dropping 25%…  They probably thought dropping the price $70K from the last time it was listed and possibly bought would be enough but they have no idea


#3 ) Address:# 302 5450 EMPIRE DR, Capitol Hill, Burnaby

July 27, 2012 V963885 $329,000 $0 0%
August 14, 2012 V963885 $299,000 $-30,000 -9%
August 25, 2012 V963885 $279,000 $-50,000 -15%
October 25, 2012 V963885 removed after 90 days
October 28, 2012 V978371 $249,000 $-80,000 -24%
February 15, 2013 V978371 removed after 110 days
February 17, 2013 V991337 $259,900 $-69,100 -21%
February 23, 2013 V991337 $249,900 $-79,100 -24%
April 10, 2013 V991337 removed after 52 days
April 24, 2013 V1002961 $249,900 $-79,100 -24%
October 11, 2013 V1002961 removed after 170 days
November 23, 2013 V1036959 $239,800 $-89,200 -27%
April 10, 2014 V1036959 $229,800 $-99,200 -30%

 

v1036959_1

Current Days on Market: 628 (1.72years)
Current ‘Official’ Days on Market: 144
2013 Assessment: $218,100
Desperation Score: 22.4

Convenient North Burnaby location in Capital Hill!! This lovely 2 bedroom, 2 bathroom, unit has a balcony that overlooks the garden. The great floor plan has the bedrooms separated for that extra privacy. The larger master bedroom has an ensuite bathroom and a good sized walk in closet. There is newer laminate flooring throughout, wooden kitchen cabinets and white appliances. You are steps away from transit, and close to restaurants, shopping and recreation. 1 parking, 1 storage locker, and shared laundry facilities.

30% drop over 1.7 years and still above assessment


#2 ) Address:# 211 6688 ROYAL AV, Horseshoe Bay, West Vancouver

July 16, 2008 V722535 $753,000 $0 0%
June 26, 2009 V722535 removed after 345 days
April 17, 2010 V823051 $595,000 $-158,000 -21%
November 01, 2010 V823051 removed after 198 days
July 13, 2011 V899328 $618,000 $-135,000 -18%
January 01, 2012 V899328 removed after 172 days
July 06, 2012 V960214 $598,000 $-155,000 -21%
January 01, 2013 V960214 $578,000 $-175,000 -23%
April 04, 2013 V960214 $548,000 $-205,000 -27%
July 02, 2013 V960214 removed after 361 days
July 13, 2013 V1017288 $518,000 $-235,000 -31%
August 22, 2013 V1017288 $498,800 $-254,200 -34%
December 28, 2013 V1017288 removed after 168 days
April 14, 2014 V1058179 $498,000 $-255,000 -34%

 

v1058179_1

Current Days on Market: 649 (1.78years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $486,000
Desperation Score: 17.7

SPACIOUS, BRIGHT and WELL-DESIGNED 1 bdrm unit with amazing mountain views with tranquility of beautiful Horseshoe Bay. High quality finishing throughout the unit and the building. Gourmet kitchen with cherry cabinets, siltstone counter tops, Viking appliances, limestone tiles, and hardwood floors. Radiant heat and A/C offered in this spotless unit. 1 parking and 1 storage. Currently tenanted until September for $1650/month.

Property tax and Maintenance Fees are $470 a month so assuming 100% occupancy, no repair / maintenance costs and no price drops this would return about 2.5% / year.  Realistically the long term return on this place is negative plus hefty transactional costs (commission / PTT / etc) to buy and sell the place for much less than they paid for it.  


#1 ) Address:# 327 9101 HORNE ST, Government Road, Burnaby

July 20, 2007 V659939 $368,800 $0 0%
August 03, 2007 V659939 $349,900 $-18,900 -5%
September 01, 2007 V659939 $330,000 $-38,800 -11%
September 21, 2007 V659939 removed after 63 days
January 31, 2014 V1044334 $258,900 $-109,900 -30%
March 06, 2014 V1044334 $247,900 $-120,900 -33%
April 14, 2014 V1044334 $235,000 $-133,800 -36%

 

v1044334_1

Current Days on Market: 75 (0.21years)
Current ‘Official’ Days on Market: 75
2013 Assessment: $219,300
Desperation Score: 24.7

WOODSTONE PLACE. this bright top-floor, 2 bedroom & 2 bath unit has vaulted post & beam ceiling, Plank laminate flooring throughout, as well as newer designer floor tiles. Newer custom maple kitchen cabinets, newer tile backsplash, undermount lighting, updated lighting throughout w/dimmers, newer modern appliances just to name a few! Other features include a Breakfast nook, attic storage, private patio, pantry, 2 generous sized bedrooms w/ large windows, 2 full bathrooms sporting marble tile floors & wainscoting, soaker tub w/accenting ceramic basin on a granite finish and the other has pedestal sink & shower. Kids & Pets welcome. Walk to transit, shopping, banks & churches. Close to hwys, come see this one before it’s gone!

36% lower than 2007 asking prices and still above assessment

Weekly Drop Metro Vancouver Detached – April 14, 2014

Here are the 10 detached properties in Metro Vancouver (Vancouver West, Vancouver East, Burnaby, Richmond, North Vancouver and West Vancouver) that changed their price or were relisted under a new MLS number the previous week AND have dropped the largest percentage overall from their original asking price.  There are some gaps in assessment data – I have some old data and can pull up 2013 but if you see years missed it is because I just don’t have the information available.

West Vancouver breaks Richmond’s streak at the top with 3 listings in the top 10

 


#10 ) Address:4125 BURKERIDGE PL, Bayridge, West Vancouver

December 22, 2006 V624038 $2,079,000 $0 0%
February 25, 2007 V624038 removed after 65 days
March 19, 2007 V636167 $1,998,000 $-81,000 -4%
July 07, 2007 V636167 $1,879,000 $-200,000 -10%
September 17, 2007 V636167 removed after 182 days
February 11, 2012 V931009 $2,280,000 $0 0%
April 28, 2012 V931009 $1,995,000 $-285,000 -13%
August 19, 2012 V931009 removed after 190 days
October 05, 2012 V975107 $1,780,000 $-500,000 -22%
January 28, 2013 V975107 removed after 115 days
February 13, 2013 V989983 $1,780,000 $-500,000 -22%
May 01, 2013 V989983 removed after 77 days
September 10, 2013 V1026053 $1,790,000 $-490,000 -21%
November 15, 2013 V1026053 removed after 66 days
April 14, 2014 V1057668 $1,680,000 $-600,000 -26%

 

v1057668_1

Current Days on Market: 794 (2.18years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $1,774,000
Desperation Score: 16.4

Located at the end of a quiet cul-de-sac in Bayridge with partial views is this gorgeous custom-built residence. Beautifully maintained offering over 4,100 sq. ft. on 3 levels. Features include a dramatic open floor plan with large entertainment areas, 5 spacious bedrooms incl a fabulous spa-like ensuite, large recreation room, private media room and gourmet kitchen. All rooms open to private patios and decks overlooking this fabulous West Coast setting. Additionally, this home offers an extensive use of slate, granite, skylights and fine materials to enhance its rich ambience. Walking distance to Sandy Cove beach & a short drive to Caulfeild Village, schools & Lighthouse Park make this stunning contemporary a must see.

Almost $100K below assessment and listed for over two years


#9 ) Address:5005 HOWE SOUND LN, Caulfeild, West Vancouver

June 13, 2013 V1011860 $6,498,000 $0 0%
October 30, 2013 V1011860 removed after 139 days
November 03, 2013 V1034312 $5,998,000 $-500,000 -8%
January 16, 2014 V1034312 $5,390,000 $-1,108,000 -17%
March 28, 2014 V1034312 removed after 145 days
April 14, 2014 V1057387 $4,690,000 $-1,808,000 -28%

 

v1057387_1

Current Days on Market: 306 (0.84years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $2,046,000
Desperation Score: 28.8

SIMPLY IRREPLACEABLE! First time on the market in 26 years. This rare offering is located in a small enclave of paradise in Olde Caulfeild. Bordering Lighthouse park, 185 acre ocean front old growth forest, this southwest facing, semi water acre ocean front old growth forest, this southwest facing, semi water front, half acre property, is a fully landscaped flat lot located at the end of an old english country lane. Far from any railroads, highways and streets, the only sounds you will hear is the wind through the trees, the whistling eagles and the faint sound of a fishing boat passing by, offering you a total escape and perpetual vacation. Far from the hustle and bustle of urban life yet only 10 km from downtown! With over 5000sqft of luxury living plus 1700sqft of patios you’ll experience outdoor living at its best. All principal rooms encompass the view, grounds and Lighthouse Park. The private master suite boasts open ocean views with its own library loft and a sophistication above the rest.

Down $1.8 million and 28%.  Very nice home and the assessment isn’t at all realistic but likely either is their asking price


#8 ) Address:6050 ELGIN AV, Forglen, Burnaby

May 25, 2012 V952302 $1,288,000 $0 0%
September 01, 2012 V952302 removed after 99 days
September 08, 2012 V970233 $1,198,000 $-90,000 -7%
March 01, 2013 V970233 removed after 174 days
April 10, 2013 V999867 $1,098,000 $-190,000 -15%
June 02, 2013 V999867 $1,058,000 $-230,000 -18%
July 08, 2013 V999867 removed after 89 days
March 03, 2014 V1049867 $1,048,800 $-239,200 -19%
March 14, 2014 V1049867 removed after 11 days
March 17, 2014 V1052754 $978,800 $-309,200 -24%
April 09, 2014 V1052754 removed after 23 days
April 14, 2014 V1057625 $928,800 $-359,200 -28%

 

v1057625_1

Current Days on Market: 43 (0.12years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $980,200
Desperation Score: 31.3

AMAZING OPPORTUNITY – PRICED WELL BELOW CITY ASSESMENT – PERFECT LOCATION! Steps to Deer Lake Park and walk to skytrain & Metrotown. HUGE, nearly 10,000 sqft lot. Features 2 levels of large sun decks with views of D.L Park & Mountains, beautifully landscaped yard. Very private and peaceful. Step into an open dining, kitchen and living room with a great wood burning fireplace. Beautiful real hardwood floors and custom tile work. Nicely kept, with updates. Pride of owners shows here. Downstairs features big bedroom with amazing custom bath. Area has many new homes, build a 4,736 sqft new home on this gorgeous piece of property. Don’t miss out on this great opportunity! CALL TODAY!

Below assessment


#7 ) Address:9811 PINEWELL CR, Saunders, Richmond

December 12, 2011 V922180 $3,488,000 $0 0%
January 14, 2012 V922180 $3,288,000 $-200,000 -6%
February 02, 2012 V922180 $3,198,800 $-289,200 -8%
February 16, 2012 V922180 removed after 66 days
March 07, 2012 V935676 $3,158,800 $-329,200 -9%
April 17, 2012 V935676 $2,998,800 $-489,200 -14%
June 26, 2012 V935676 removed after 111 days
August 19, 2012 V967189 $2,888,000 $-600,000 -17%
September 22, 2012 V967189 $2,853,888 $-634,112 -18%
October 17, 2012 V967189 $2,788,000 $-700,000 -20%
November 06, 2012 V967189 removed after 79 days
January 13, 2013 V984851 $2,778,000 $-710,000 -20%
February 21, 2013 V984851 $2,658,000 $-830,000 -24%
August 09, 2013 V984851 removed after 208 days
September 30, 2013 V1029684 $2,658,000 $-830,000 -24%
November 07, 2013 V1029684 $2,588,000 $-900,000 -26%
December 28, 2013 V1029684 removed after 89 days
January 19, 2014 V1042624 $2,588,000 $-900,000 -26%
February 21, 2014 V1042624 $2,498,000 $-990,000 -28%
March 18, 2014 V1042624 $2,387,500 $-1,100,500 -32%
April 08, 2014 V1042624 $2,500,000 $-988,000 -28%

 

v1042624_1

Current Days on Market: 855 (2.34years)
Current ‘Official’ Days on Market: 86
2013 Assessment: $1,749,000
Desperation Score: 28.4

SPECTACULAR HOME ON HUGE LOT. Best value for this size house/lot in Richmond. Granite, hardwood, high end appliances – everything you would expect and more. Grand entrance with crystal chandelier. 18 ft ceilings, crown moulding, heat recovery and air conditioning. 6 bedrooms total, 5 with ensuites. LEGAL 2 bedroom suite with own patio. Triple garage and lots more open parking for RV and boat. This house has it all – truly a must see!

Let’s see if bumping up the price $120K works out for them.  You’d think two and a half years of listings would be a sign that maybe they need to drop the price, not increase it


#6 ) Address:2016 W 51ST AV, S.W. Marine, Vancouver West

January 19, 2011 V863856 $1,748,000 $0 0%
February 05, 2011 V863856 $1,648,000 $-100,000 -6%
February 15, 2011 V863856 removed after 27 days
May 10, 2012 V948870 $2,888,000 $0 0%
July 14, 2012 V948870 $2,620,000 $-268,000 -9%
September 01, 2012 V948870 removed after 114 days
February 21, 2013 V991778 $2,288,000 $-600,000 -21%
June 30, 2013 V991778 removed after 129 days
October 02, 2013 V1029855 $2,288,000 $-600,000 -21%
December 28, 2013 V1029855 removed after 87 days
January 17, 2014 V1041954 $2,280,000 $-608,000 -21%
March 13, 2014 V1041954 removed after 55 days
March 20, 2014 V1053422 $2,280,000 $-608,000 -21%
April 08, 2014 V1053422 $2,050,000 $-838,000 -29%

 

v1053422_1

Current Days on Market: 705 (1.93years)
Current ‘Official’ Days on Market: 26
2013 Assessment: $1,748,600
2011 Assessment: $1,910,400
2011 Last Sale: $1,578,000 on 04/Feb/2011
Total Profit IF sold for list price: 97,560 transaction costs and 472,000 profit on sale = Profit of 374,440
Desperation Score: 25.3

Excellent building/redevelopment opportunity you can’t miss in Vancouver Westside. With more than 10,000 square feet lot and offers 3,400 square feet living space. McGee Secondary School & Maple Grove Elementary School catchment. Close to 41st Ave shopping area. Central to all locations such as UBC, Richmond, Downtown Vancouver and all major golf courses in Westside. Call listing agent for more details.

Assessment drops 10% in the 2 years since they bought the place but after 29% in drops they are still 30% over their purchase price…


#5 ) Address:6411 WILLIAMS RD, Woodwards, Richmond

October 06, 2006 V599405 $708,000 $0 0%
October 31, 2006 V599405 removed after 25 days
February 29, 2008 V691576 $768,000 $0 0%
June 03, 2008 V691576 $788,000 $0 0%
September 01, 2008 V691576 removed after 185 days
March 02, 2011 V872474 $1,395,000 $0 0%
August 29, 2011 V872474 removed after 180 days
January 16, 2014 V1040155 $968,000 $-427,000 -31%
March 20, 2014 V1040155 $868,000 $-527,000 -38%
April 08, 2014 V1040155 $968,000 $-427,000 -31%

 

v1040155_1

Current Days on Market: 89 (0.24years)
Current ‘Official’ Days on Market: 89
2013 Assessment: $866,000
2011 Assessment: $758,000
Desperation Score: 25.1

Location!!! You cannot find any better than this in West Richmond. Walking distance to the Errington Elementary School, the famous London High School. Over 8,000 square feet huge lot, nested with generous size 5 bedrooms 4 bathrooms, highly appreciated by the feng shui master. 2 bedroom suite generates $1500/month income. Keep it or demolish to build a several millions dollars dream home, it is at your own option. Quick possession is available. All the measurements are approximately, verify is recommended.

Realtor Morning Yu who’s slogin on her website is “Wonderful life starts in the morning” is the realtor here on what could be the ugliest house ever built although apparently “highly appreciated by the feng shui master”.  The entire description is a train wreck and now they have increased the price by over 10%


#4 ) Address:5358 KEW CLIFF RD, Caulfeild, West Vancouver

October 06, 2006 V588935 $2,995,000 $0 0%
October 30, 2006 V588935 removed after 24 days
September 23, 2007 V669957 $4,200,000 $0 0%
October 24, 2007 V669957 $3,950,000 $-250,000 -6%
May 06, 2008 V669957 $3,495,000 $-705,000 -17%
December 09, 2008 V669957 removed after 443 days
January 17, 2009 V748716 $3,495,000 $-705,000 -17%
July 16, 2009 V748716 removed after 180 days
April 04, 2010 V819725 $2,995,000 $-1,205,000 -29%
July 06, 2010 V819725 $2,499,000 $-1,701,000 -41%
July 24, 2010 V819725 $3,200,000 $-1,000,000 -24%
August 31, 2010 V819725 $2,698,000 $-1,502,000 -36%
October 01, 2010 V819725 removed after 180 days
October 08, 2010 V853790 $2,698,000 $-1,502,000 -36%
October 29, 2010 V853790 removed after 21 days
August 25, 2011 V906744 $4,088,000 $-112,000 -3%
August 31, 2011 V906744 $4,290,000 $0 0%
September 20, 2011 V906744 $4,158,000 $-132,000 -3%
October 25, 2011 V906744 $4,870,000 $0 0%
November 24, 2011 V906744 removed after 91 days
December 22, 2011 V922782 $4,870,000 $0 0%
March 13, 2012 V922782 $4,380,000 $-490,000 -10%
April 03, 2012 V922782 $3,990,000 $-880,000 -18%
June 16, 2012 V922782 $3,750,000 $-1,120,000 -23%
July 14, 2012 V922782 removed after 205 days
August 25, 2012 V968044 $3,468,000 $-1,402,000 -29%
February 07, 2013 V968044 $3,198,000 $-1,672,000 -34%
March 25, 2013 V968044 removed after 212 days
April 05, 2013 V999154 $3,198,000 $-1,672,000 -34%
August 17, 2013 V999154 $3,350,000 $-1,520,000 -31%
November 19, 2013 V999154 removed after 228 days
February 06, 2014 V1045829 $3,350,000 $-1,520,000 -31%
March 04, 2014 V1045829 removed after 26 days
March 19, 2014 V1052866 $3,350,000 $-1,520,000 -31%
April 10, 2014 V1052866 $3,200,000 $-1,670,000 -34%

 

v1052866_1

Current Days on Market: 964 (2.64years)
Current ‘Official’ Days on Market: 27
2013 Assessment: $2,399,000
Desperation Score: 22.6

Unique, sophisticated, quietly elegant, handcrafted, naturally beautiful- you’ll be captivated by this home & the lifestyle! Kew Cliff known as one of West Vancouver’s most sought after waterfront cul-de-sac. Situated on a private gated 20,000 sqft fully landscaped estate, this classic heritage style custom built residence has been designed using the highest attention to detail quality & finishing. Boasting over 6000? sqft on 3 levels, where all principal rms open onto entertainment size concrete patios with amazing sunsets unobstructed ocean views of Passage Island, Bowen Island and out the mighty pacific to Vancouver Island & Nanaimo. Approximate House Size: 6169 sqft. Double Garage Size: 594 sqft.

Another Caulfield home that seems to have a low assessment but the pricing has been all over the place and doesn’t seem to be close to selling.  Over two and a half years and counting


#3 ) Address:39 JOHNSON BY, Indian Arm, North Vancouver

February 18, 2011 V870054 $2,285,000 $0 0%
January 01, 2012 V870054 removed after 317 days
March 14, 2012 V936863 $1,998,000 $-287,000 -13%
July 17, 2012 V936863 $1,598,000 $-687,000 -30%
January 01, 2013 V936863 removed after 293 days
March 27, 2013 V997591 $1,598,000 $-687,000 -30%
August 29, 2013 V997591 $1,488,000 $-797,000 -35%
December 28, 2013 V997591 removed after 276 days
April 14, 2014 V1057585 $1,488,000 $-797,000 -35%

 

No Picture

Current Days on Market: 1152 (3.16years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $631,000
Desperation Score: 11.3

PARADISE….FOUND……there are lots of amazing waterfront properties available but few compare to this: Almost 1200 feet of waterfront; almost 5 acres of land and large flat west facing sun-drenched outside living areas. Approximately 2500 square foot home with suite, guest cottage and workshop. Self sufficient off grid living with micro hydro (from own dam), solar and wind generators. Private dock; ATV road and bonus phone line with DSL internet! Fish for crabs, prawns and salmon while you work from home; or take a short boat ride to North Vancouver or Port Moody. Buy it now for yourself; your kids and your grandchildren…amazing family estate!!!

This place has been listed for over 3 years – don’t know what they’re thinking or smoking


#2 ) Address:3590 W 30TH AV, Dunbar, Vancouver West

October 19, 2011 V916250 $2,750,000 $0 0%
November 22, 2011 V916250 $2,500,000 $-250,000 -9%
April 04, 2012 V916250 removed after 168 days
April 18, 2013 V1001798 $2,088,000 $-662,000 -24%
May 25, 2013 V1001798 $1,980,000 $-770,000 -28%
February 25, 2014 V1001798 removed after 313 days
March 05, 2014 V1050148 $1,790,000 $-960,000 -35%
April 14, 2014 V1050148 $1,640,000 $-1,110,000 -40%

 

v1050148_1

Current Days on Market: 362 (0.99years)
Current ‘Official’ Days on Market: 41
2013 Assessment: $1,608,000
2012 Assessment: $1,454,000
2011 Assessment: $1,506,000
Desperation Score: 28.6

Large Vancouver Special with 5 bedroom, 3 bathrooms and over 2900 sf of finished area on two floors. Perfect southwest 48×120 corner lot in prime Dunbar neighbourhood. Renovate this large home and enjoy one of Vancouver’s finest neighbourhoods. Walk to Dunbar strip caf?s, restaurants, boutique stores. Blocks to Pacific Spirit Park, UBC, and St. Georges School. It’s the perfect location in a prime neighbourhood. View photos online and call for a private showing.

40% and counting


#1 ) Address:3225 CAPILANO CR, Capilano, North Vancouver

August 09, 2012 V965573 $2,350,000 $0 0%
September 01, 2012 V965573 $1,998,000 $-352,000 -15%
October 02, 2012 V965573 removed after 54 days
April 04, 2013 V998798 $1,638,000 $-712,000 -30%
June 30, 2013 V998798 removed after 87 days
September 12, 2013 V1026275 $1,398,000 $-952,000 -41%
January 16, 2014 V1026275 $1,348,000 $-1,002,000 -43%
March 12, 2014 V1026275 $1,298,000 $-1,052,000 -45%
April 10, 2014 V1026275 removed after 210 days
April 14, 2014 V1057692 $1,298,000 $-1,052,000 -45%

 

v1057692_1

Current Days on Market: 376 (1.03years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $1,425,000
Desperation Score: 31.5

Stunning riverfront setting with commanding view and outlook high above the Capilano River. Located on a quiet crescent only minutesfrom Edgemont Village, downtown Vancouver and sought after Highlands Elementary and Handsworth Secondary. Substantial architectdesigned renovations in 1992 provide for an open floor plan with vaulted ceilings and a wall to wall windows with easy access to over1000 sq/ft of decks. Featuring 3 bedrooms and den, 2 ? bathrooms including a master with ensuite. A truly inspiring setting ideal for aBed and Breakfast. Truly a rare offering to be so close to all amenities and yet to have a magical natural west coast setting.

45% in drops but they seem to have hit their bottom at least for now

Weekly Desperation Score Suburbs – April 9, 2014

Here are the 10 properties outside of Metro Vancouver (Vancouver West, Vancouver East, Burnaby, Richmond, North Vancouver and West Vancouver) that changed their price or were relisted under a new MLS number the previous 1 week AND have the highest desperation score which is a formula based on price changes, relists and amounts pro rated for recency.  This will hopefully provide a more interesting look at the suburbs since previous weekly drops for these areas were completely filled with old condo’s and lot sales

North Surrey leads with 3 listings


#10 ) Address:# 2703 13618 100TH AV, Whalley, North Surrey

March 18, 2008 F2807078 $379,000 $0 0%
April 01, 2008 F2807078 $359,000 $-20,000 -5%
April 30, 2008 F2807078 $329,000 $-50,000 -13%
September 05, 2008 F2807078 removed after 171 days
January 16, 2014 F1327408 $229,000 $-150,000 -40%
January 29, 2014 F1327408 $219,000 $-160,000 -42%
March 07, 2014 F1327408 $209,000 $-170,000 -45%
March 28, 2014 F1327408 removed after 71 days
April 07, 2014 F1407888 $202,000 $-177,000 -47%

 

f1407888_1

Current Days on Market: 84 (0.23years)
Current ‘Official’ Days on Market: 3
2013 Assessment: $229,000
2011 Assessment: $226,000
Desperation Score: 32.2

EXCELLENT INVESTMENT OPPORTUNITY! GREAT LOCATION! EVEN BETTER PRICE! This Suite at the Infinity Towers has unobstructed and unmatched views of the Mountains and Downtown Surrey Central. This concrete high rise is the best value in the Lower Mainland by far. Located beside the King George Skytrain station, destinations throughout Vancouver area are an easy commute. Whether its for work or play the Skytrain makes for car free living. An urban village with shops, services and cafes will be at your doorstep to provide you with daily conveniences. Nearby major developments happening such as Surrey Memorial Hospital expansion, RCMP Headquarters and the new Surrey City Hall, etc.

“EXCELLENT INVESTMENT OPPORTUNITY!”  Original listing price in 2008 : $379,000  Current listing price: $202,000


#9 ) Address:# 110 27358 32ND AV, Aldergrove, Langley

November 19, 2011 F1128075 $219,900 $0 0%
January 24, 2012 F1128075 $214,900 $-5,000 -2%
February 25, 2012 F1128075 $209,900 $-10,000 -5%
March 16, 2012 F1128075 removed after 118 days
March 22, 2012 F1207153 $197,900 $-22,000 -10%
June 04, 2012 F1207153 removed after 74 days
June 13, 2012 F1215367 $188,800 $-31,100 -14%
September 29, 2012 F1215367 $184,800 $-35,100 -16%
December 14, 2012 F1215367 $172,800 $-47,100 -21%
December 27, 2012 F1215367 removed after 197 days
October 17, 2013 F1323737 $159,900 $-60,000 -27%
December 05, 2013 F1323737 $152,900 $-67,000 -30%
December 19, 2013 F1323737 $146,900 $-73,000 -33%
December 28, 2013 F1323737 removed after 72 days
January 17, 2014 F1401056 $143,900 $-76,000 -35%
February 10, 2014 F1401056 $139,900 $-80,000 -36%
February 28, 2014 F1401056 removed after 42 days
April 07, 2014 F1407891 $175,000 $-44,900 -20%

 

f1407891_1

Current Days on Market: 175 (0.48years)
Current ‘Official’ Days on Market: 3
2013 Assessment: $166,900
Desperation Score: 32.2

Move right into this newly updated 3 bedroom, 2 bath end unit condo. Kitchen completely redone with Gianni Counter tops, new stainless steel appliances (incl. Bosch dishwasher) and eating bar open to dining area. Enjoy your high efficiency gas fireplace in living room and glass sliders to one of 2 covered private patios to view lush gardens, green space and natural stream. Master has 3 piece ensuite, double closets and glass sliders to the 2nd patio for your relaxation. Professional crown mouldings, baseboards, modern paint, tile, laminate, Shaw carpet with state of the art stain and pet protection and many new lighting/fixtures complete this affordable, pet friendly, family home. Check and compare: secure parking and sprinkler and close walking proximity to amenities. View at your convenience, quick possession available.

Dropped their price by $80K over about 3 years before doing an update to the place.  Increased the asking price by $35K and we’ll see what happens.  Some may say that this is throwing good money after bad


#8 ) Address:33214 GEORGE FERGUSON WY, Central Abbotsford, Abbotsford

January 16, 2008 F2801102 $419,000 $0 0%
February 05, 2008 F2801102 removed after 20 days
November 27, 2013 F1326159 $328,000 $-91,000 -22%
December 19, 2013 F1326159 $312,500 $-106,500 -25%
January 19, 2014 F1326159 $300,000 $-119,000 -28%
February 20, 2014 F1326159 removed after 85 days
March 12, 2014 F1405637 $289,990 $-129,010 -31%
April 07, 2014 F1405637 $281,000 $-138,000 -33%

 

f1405637_1

Current Days on Market: 134 (0.37years)
Current ‘Official’ Days on Market: 29
2013 Assessment: $303,700
Desperation Score: 32.9

3100 sqft for under $300,000!! Don’t miss this opportunity! Rancher with basement on a 5600 sf lot in Central Abbotsford. Close to shopping, Restaurants, and all amenities. 2 Bedroom upstairs, with an additional bedroom downstairs. Separate entrance to the basement as well. Home is in clean condition and shows well. Call today.


#7 ) Address:180 WOLLNY CT, Anmore, Port Moody

August 22, 2010 V846965 $3,300,000 $0 0%
December 31, 2010 V846965 removed after 131 days
September 27, 2012 V973675 $2,800,000 $-500,000 -15%
April 16, 2013 V973675 removed after 201 days
April 25, 2013 V1003232 $2,300,000 $-1,000,000 -30%
June 13, 2013 V1003232 $2,100,000 $-1,200,000 -36%
July 12, 2013 V1003232 $2,025,000 $-1,275,000 -39%
July 27, 2013 V1003232 $1,999,000 $-1,301,000 -39%
October 04, 2013 V1003232 removed after 162 days
November 11, 2013 V1035435 $1,988,888 $-1,311,112 -40%
December 13, 2013 V1035435 $1,968,000 $-1,332,000 -40%
January 16, 2014 V1035435 $1,953,000 $-1,347,000 -41%
February 05, 2014 V1035435 $1,933,000 $-1,367,000 -41%
April 07, 2014 V1035435 $1,913,000 $-1,387,000 -42%

 

v1035435_1

Current Days on Market: 560 (1.53years)
Current ‘Official’ Days on Market: 150
2013 Assessment: $2,241,000
Desperation Score: 33.1

Cul-de-sac Location for this Majestic luxury home sitting on the hill with 1.48 acres in Anmore. Backs onto greenbelt for ultimate privacy in the back yard. Super views of the mountains as well. Grand central Walnut staircase, hemlock wood casing windows, marble floor entry, hardwood flooring, coffered ceilings. Gourmet kitchen with stone countertops and island and wok kitchen. Master bedroom on the main with full 5 ensuite and a His & Hers Closet. Basement has a large 1 bedroom suite complete with 2 bathrooms and a separate entry. Huge rec room down for those to love to entertain or need a place to hide the kids. Extensive decks, covered patio and a forest outlook. Too many other quality features to mention. A MUST SEE ……….

I know that this one is a foreclosure sale.  If you like Anmore, have a big budget and don’t mind being 10 minutes away from any sort of convenience / grocery store then you can find some incredible homes there at very good prices.  This isn’t one of them though – too many much nicer homes in the are in roughly the same price range


#6 ) Address:# 302 10743 139TH ST, Whalley, North Surrey

July 18, 2013 F1316657 $199,900 $0 0%
October 21, 2013 F1316657 $189,900 $-10,000 -5%
October 29, 2013 F1316657 $179,900 $-20,000 -10%
November 23, 2013 F1316657 $169,800 $-30,100 -15%
December 19, 2013 F1316657 removed after 154 days
February 10, 2014 F1403046 $229,900 $0 0%
February 21, 2014 F1403046 $224,500 $-5,400 -2%
March 19, 2014 F1403046 $219,900 $-10,000 -4%
April 01, 2014 F1403046 removed after 50 days
April 03, 2014 F1407671 $219,900 $-10,000 -4%

 

f1407671_1

Current Days on Market: 266 (0.73years)
Current ‘Official’ Days on Market: 7
2013 Assessment: $206,600
2011 Assessment: $218,900
Desperation Score: 33.5

VISTA RIDGE! YOUR SEARCH IS OVER! Completely RENOVATED! 1100 sq ft. TOP FLOOR CORNER UNIT overlooking QUIET location. One of the LARGEST units in complex. BRIGHT 2bdrm ,2bath and shows like NEW! Updates include New PAINT throughout,WALNUT Engineered Floors,New lighting & dcor,Refinished Kitchen cabinets, New COUNTERTOPS, sink, faucets, Newer appliances, GLASS tile backsplash, hood range & bar area for stools. All new 2″ blinds. New DOORS & hardware, New BASEBOARDS & casings. Washrooms have new cabinets, sinks, faucets, countertops, fixtures & flooring. Private master bdrm has walk in closet & new CARPETS. Well maintained complex. Maint fee includes gas. Across street from Elementary School! Walking distance to SKYTRAIN. A 10!

Another renovation special that isn’t going to work out


#5 ) Address:# 107 99 BEGIN ST, Maillardville, Coquitlam

February 21, 2013 V991877 $234,900 $0 0%
April 03, 2013 V991877 removed after 41 days
April 29, 2013 V1003830 $225,000 $-9,900 -4%
June 28, 2013 V1003830 $195,000 $-39,900 -17%
December 28, 2013 V1003830 removed after 243 days
January 16, 2014 V1041351 $188,900 $-46,000 -20%
February 19, 2014 V1041351 $178,900 $-56,000 -24%
March 20, 2014 V1041351 $172,900 $-62,000 -26%
April 08, 2014 V1041351 $167,900 $-67,000 -29%

 

v1041351_1

Current Days on Market: 413 (1.13years)
Current ‘Official’ Days on Market: 84
2013 Assessment: $174,000
Desperation Score: 33.5

Coquitlam 2 bedroom/2 Bathroom for under $200k?!? This garden suite is located MINUTES FROM: Braid Skytrain station, commuter routes, shopping, Silver City, Superstore & more! Open living/dining area w/pass through to spacious kitchen & access to large covered patio. Master bedroom is great size & has walk in closet & 4pc ensuite w/cheater door to main 2 piece bathroom. BONUS: Secured parking. In-suite laundry, pet friendly (with restrictions). Easy to see, call for an appointment!


#4 ) Address:# 54 3800 GOLF COURSE DR, Abbotsford East, Abbotsford

October 06, 2006 F2620967 $599,900 $0 0%
March 15, 2007 F2620967 $579,900 $-20,000 -3%
July 01, 2007 F2620967 removed after 268 days
August 10, 2012 F1220232 $637,000 $0 0%
August 13, 2012 F1220232 removed after 3 days
October 04, 2012 F1224520 $637,000 $0 0%
November 23, 2012 F1224520 removed after 50 days
August 05, 2013 F1318531 $499,500 $-137,500 -22%
August 24, 2013 F1318531 $469,500 $-167,500 -26%
October 04, 2013 F1318531 $456,900 $-180,100 -28%
October 22, 2013 F1318531 removed after 78 days
January 19, 2014 F1401266 $669,900 $0 0%
February 12, 2014 F1401266 $649,000 $-20,900 -3%
March 13, 2014 F1401266 $629,900 $-40,000 -6%
April 03, 2014 F1401266 $619,900 $-50,000 -7%

 

f1401266_1

Current Days on Market: 248 (0.68years)
Current ‘Official’ Days on Market: 81
2013 Assessment: $476,000
Desperation Score: 34.8

Pack the golf clubs and get ready to tee-off to better living! Executive Rancher which is virtually brand new. The “News” include, carpets, paint, professionally landscaped, and even the garage floor! Fully finished basement which walks out onto private backyard patios and greenbelt. Still under warranty, gated community, with literally seconds to the first tee. Master on main, gourmet kitchen, the list goes on and on. Easy to show and extremely proud to do it! Call today!

Purchased October 2013 for $454,900.  They then did a renovation “carpets, paint, professionally landscaped, and even the garage floor!”.  So that explains maybe a $10K price increase but they decided to increase the price just a couple of months later by over $200K!!!!!!  Sorry but I’d be surprised if you sold it for $454,900.  Too much HGTV and not enough common sense.


#3 ) Address:7920 OSPREY ST, Mission BC, Mission

May 21, 2013 F1311203 $369,000 $0 0%
June 06, 2013 F1311203 $364,900 $-4,100 -1%
July 06, 2013 F1311203 $359,900 $-9,100 -2%
July 18, 2013 F1311203 $354,900 $-14,100 -4%
August 13, 2013 F1311203 $349,900 $-19,100 -5%
October 02, 2013 F1311203 $344,900 $-24,100 -7%
October 22, 2013 F1311203 $339,900 $-29,100 -8%
November 15, 2013 F1311203 $334,800 $-34,200 -9%
December 05, 2013 F1311203 $328,900 $-40,100 -11%
January 04, 2014 F1311203 $327,788 $-41,212 -11%
January 27, 2014 F1311203 $324,800 $-44,200 -12%
March 03, 2014 F1311203 $323,800 $-45,200 -12%
March 30, 2014 F1311203 $319,800 $-49,200 -13%
April 01, 2014 F1311203 removed after 315 days
April 04, 2014 F1407855 $319,800 $-49,200 -13%

 

f1407855_1

Current Days on Market: 324 (0.89years)
Current ‘Official’ Days on Market: 6
2013 Assessment: $313,000
Desperation Score: 35.7

Just move in – Home has had numerous renovations. New flooring, newly painted up & down, new baseboards, new light fixtures and 5 ft. jetted tub, one bedroom suite down plus den. Large patio at back looking onto a very private backyard. Double garage plus room to park another 6 cars. Just minutes to schools, hospital, recreation, West Coast Express and college/university.

A very, very, very, very slow drop in prices over the last year


#2 ) Address:# 212 14993 101A AV, Guildford, North Surrey

August 30, 2007 F2722428 $231,898 $0 0%
September 04, 2007 F2722428 removed after 5 days
December 06, 2012 F1228372 $239,900 $0 0%
February 08, 2013 F1228372 removed after 64 days
May 30, 2013 F1312755 $239,900 $0 0%
August 13, 2013 F1312755 $232,900 $-7,000 -3%
October 30, 2013 F1312755 removed after 153 days
November 03, 2013 F1324963 $217,499 $-22,401 -9%
December 28, 2013 F1324963 removed after 55 days
January 19, 2014 F1401197 $226,000 $-13,900 -6%
February 03, 2014 F1401197 $224,600 $-15,300 -6%
February 16, 2014 F1401197 $219,000 $-20,900 -9%
February 27, 2014 F1401197 removed after 39 days
March 03, 2014 F1404876 $199,000 $-40,900 -17%
April 03, 2014 F1404876 $189,000 $-50,900 -21%

 

f1404876_1

Current Days on Market: 490 (1.34years)
Current ‘Official’ Days on Market: 38
2013 Assessment: $217,000
2011 Assessment: $229,000
Desperation Score: 40.0

Optimally located 2 bed, 2 bath condo across from the revitalized Guildford Town Center. This very well maintained and bright east facing home provides a very large and open floor plan with large bedrooms and plenty of natural light. Excellent walking access to all major amenities with transit right outside the door. Fantastic value here with gas fireplace and hot water included in the maintenance fee. Court ordered sale. Sold as is. Subject to Court approval.

“Court ordered sale. Sold as is. Subject to Court approval.”


#1 ) Address:# 105 3176 PLATEAU BV, Westwood Plateau, Coquitlam

November 01, 2006 V619288 $314,900 $0 0%
December 22, 2006 V619288 removed after 51 days
March 13, 2007 V633921 $304,900 $-10,000 -3%
May 25, 2007 V633921 removed after 73 days
January 27, 2013 V987455 $224,900 $-90,000 -29%
March 08, 2013 V987455 removed after 40 days
September 12, 2013 V1026323 $302,900 $-12,000 -4%
September 20, 2013 V1026323 $284,900 $-30,000 -10%
October 06, 2013 V1026323 $274,900 $-40,000 -13%
December 05, 2013 V1026323 $259,900 $-55,000 -17%
March 13, 2014 V1026323 $239,900 $-75,000 -24%
March 25, 2014 V1026323 removed after 194 days
March 27, 2014 V1054480 $239,900 $-75,000 -24%
April 08, 2014 V1054480 $229,900 $-85,000 -27%

 

v1054480_1

Current Days on Market: 210 (0.58years)
Current ‘Official’ Days on Market: 14
2013 Assessment: $232,000
Desperation Score: 41.8

Two bedroom, Two bathroom, corner unit situated near Westwood Plateau Golf &Country club. Huge wrap around deck from kitchen to master bedroom, kitchen with granite counters, large living area with plenty of windows and gas fireplace. Rentals Allowed!

Purchased for $245,000 in March 2013 – yes over $20K ABOVE asking!!!  Then tried to flip it 6 months later for about $60K more than they paid for it.  Even at asking they are now looking at a $30K+ loss

Weekly Drop Metro Vancouver Attached – April 8, 2014

Here are the 10 attached properties in Metro Vancouver (Vancouver West, Vancouver East, Burnaby, Richmond, North Vancouver and West Vancouver) that changed their price or were relisted under a new MLS number the previous week AND have dropped the largest percentage overall from their original asking price.

 

#10 ) Address:# 604 1661 ONTARIO ST, False Creek, Vancouver West

July 30, 2010 V844010 $1,280,000 $0 0%
August 18, 2010 V844010 $1,189,900 $-90,100 -7%
September 16, 2010 V844010 $1,068,000 $-212,000 -17%
January 01, 2012 V844010 removed after 520 days
April 07, 2014 V1056165 $988,900 $-291,100 -23%

V1056165_1

Current Days on Market: 3 (0.01years)
Current ‘Official’ Days on Market: 3
2013 Assessment: $813,000
2011 Assessment: $833,000
Desperation Score: 9.7

MILLENIUM WATER – The last waterfront community in Vancouver linking southwest False Creek with downtown and other oceanfront neighbourhoods via spectacular walkable seawalls. The ideals of a real waterfront community and respectful living from the shore of Vancouver. This 1189 sq ft LUXURY 2 bedrooms (both ensuite) + den + solarium + 99 sf balcony is one of the most functional units. 9′ ceilings, insuite radiant heating & cooling, roller blinds, Sub-Zero fridge, Miele gas cooktop & hood, wall oven & dishwasher, built-in microwave and lovely gourmet kitchen. The urban plaza will be anchored by URBAN FARE, LONDON DRUGS, wine & beer store & more. Steps from Canada Line & Expo Skytrain stations, bus stops, Aquabus & the seawall.


#9 ) Address:# PH2 4372 FRASER ST, Fraser, Vancouver East

November 05, 2011 V918637 $499,000 $0 0%
February 29, 2012 V918637 removed after 116 days
March 03, 2012 V934919 $599,000 $0 0%
March 26, 2012 V934919 removed after 23 days
April 16, 2012 V943690 $445,243 $-153,757 -26%
April 26, 2012 V943690 $533,929 $-65,071 -11%
May 22, 2012 V943690 removed after 36 days
May 31, 2012 V953328 $499,000 $-100,000 -17%
June 13, 2012 V953328 removed after 13 days
April 04, 2014 V1056007 $459,000 $-140,000 -23%

 

v1056007_1

Current Days on Market: 5 (0.01years)
Current ‘Official’ Days on Market: 5
2013 Assessment: $293,000
Desperation Score: 10.0

ATTENTION: ALL DECK LOVERS – Finally…A Worthy Private Rooftop Patio! Outdoor space expands the width of the unit & doubles your indoor/outdoor living space to over 1,000 sq ft – complete w/10′ custom Awning, tile deck & fire-pit. Stylish Design by award winning Cornerstone Architects. The Sheridan is a “Unique Energy Efficient Boutique Building” w/privacy and quality a top priority! Great Natural Lighting, 9 ft ceilings, Sunroof in Kitchen, West Coast Laminate Flooring, D/W, S/S Appliances, Soaker tub + separate Shower, Quartz Granite counters & Gourmet Kitchen designed by a Chef to Max workspace. This Rare Quiet Retreat is walking distance to every urban amenity & easy commuting via bus or train – 10 mins to Dwtn. First Viewing Saturday, April 5. Public Open House Saturday April 5th and Sunday April 6th 2-4pm. Showroom Condition!

Another unit in this building sold for almost 10% below assessment last year but these guys are still about 60% OVER assessment!


#8 ) Address:# 302 214 E 15TH ST, Central Lonsdale, North Vancouver

September 19, 2009 V788349 $259,000 $0 0%
October 28, 2009 V788349 removed after 39 days
January 16, 2014 V1041184 $229,000 $-30,000 -12%
February 08, 2014 V1041184 $214,800 $-44,200 -17%
April 08, 2014 V1041184 $198,000 $-61,000 -24%

 

v1041184_1

Current Days on Market: 83 (0.23years)
Current ‘Official’ Days on Market: 83
2013 Assessment: $205,300
Desperation Score: 23.5

Top floor suite with West exposure is in a charming 3 storey walk up. Leave the car at home,walk to Lonsdale to do your shopping, transit, restaurants, pubs, and Lions Gate Hospital are all close by. Bar B Que and Relax while you enjoy the view of the Lions and Grouse Mountain. This is an affordable “starter” with some updates including blinds; new applicances, (2014. There is secured parking, a storage locker. Good Value in Central Lonsdale, no rentals and pets with restrictions.

“applicances”  Now listed below assessment


#7 ) Address:# 2207 1420 W GEORGIA ST, West End, Vancouver West

August 24, 2012 V967870 $1,050,000 $0 0%
September 21, 2012 V967870 removed after 28 days
February 21, 2014 V1048206 $828,000 $-222,000 -21%
April 04, 2014 V1048206 $799,000 $-251,000 -24%

 

v1048206_1

Current Days on Market: 47 (0.13years)
Current ‘Official’ Days on Market: 47
2013 Assessment: $717,000
2011 Assessment: $822,000
Desperation Score: 20.2

Fabulous 2 level, 2 bdrm SE corner Penthouse suite at the George. This suite offers floor to ceiling windows with a large wraparound balcony providing wonderful views to the East, South & West. Features include 9.5 ft ceiling height offering expensive views of the city and some views of English Bay, S/S appliances, and laminate floors on the main level. Steps to Coal Harbour and Downtown and a short walk to Stanley Park. 1 PARKING AND 1 LOCKER included. No Pets allowed.

Assessment down 13% in 2 years


#6 ) Address:# 102 500 W 10TH AV, Fairview, Vancouver West

October 06, 2006 V610018 $469,900 $0 0%
December 18, 2006 V610018 removed after 73 days
February 08, 2007 V629448 $459,000 $-10,900 -2%
April 08, 2007 V629448 removed after 59 days
March 20, 2010 V816424 $580,000 $0 0%
April 22, 2010 V816424 removed after 33 days
May 01, 2010 V826613 $559,000 $-21,000 -4%
June 13, 2010 V826613 $499,900 $-80,100 -14%
August 01, 2010 V826613 removed after 92 days
June 16, 2011 V894660 $519,900 $-60,100 -10%
August 03, 2011 V894660 removed after 48 days
August 05, 2011 V903485 $499,900 $-80,100 -14%
October 05, 2011 V903485 removed after 61 days
October 07, 2011 V914466 $549,000 $-31,000 -5%
January 17, 2012 V914466 $499,900 $-80,100 -14%
February 13, 2012 V914466 removed after 129 days
March 31, 2013 V998287 $429,000 $-151,000 -26%
August 13, 2013 V998287 removed after 135 days
September 20, 2013 V1028131 $429,000 $-151,000 -26%
January 16, 2014 V1028131 $449,000 $-131,000 -23%
April 01, 2014 V1028131 removed after 193 days
April 07, 2014 V1056328 $439,000 $-141,000 -24%

 

v1056328_1

Current Days on Market: 374 (1.02years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $419,400
2012 Assessment: $441,000
2011 Assessment: $459,000
Desperation Score: 15.8

Beautiful and cozy 2 bedroom + den (being used as a 3rd bedroom) with 3 balconies and a solarium located in the prestigious Cambridge Court. Very convenient Fairview location in the Cambie Corridor steps from the City Hall, VGH, City SquareShopping Centre, restaurants & the Broadway City Hall Skytrain Station. Comes with 2 parking stalls and 1 locker.

Purchase for $455,000 in May 2007 so current owner will lose about $40K if sold for asking

Listed for over a year and still listed above the price it was at most of last year and well above assessment


#5 ) Address:# 101 1745 ESQUIMALT AV, Ambleside, West Vancouver

February 21, 2008 V690099 $399,900 $0 0%
March 20, 2008 V690099 removed after 28 days
February 14, 2010 V809708 $619,900 $0 0%
March 11, 2010 V809708 $598,000 $-21,900 -4%
March 31, 2010 V809708 removed after 45 days
April 15, 2010 V822266 $559,000 $-60,900 -10%
June 13, 2010 V822266 $549,000 $-70,900 -11%
June 18, 2010 V822266 removed after 64 days
November 12, 2010 V858167 $545,000 $-74,900 -12%
March 09, 2011 V858167 $538,000 $-81,900 -13%
March 25, 2011 V858167 $528,000 $-91,900 -15%
April 20, 2011 V858167 $519,900 $-100,000 -16%
July 05, 2011 V858167 $499,000 $-120,900 -20%
November 01, 2011 V858167 removed after 354 days
January 26, 2012 V927854 $498,000 $-121,900 -20%
February 14, 2012 V927854 $472,000 $-147,900 -24%
June 01, 2012 V927854 $468,000 $-151,900 -25%
September 01, 2012 V927854 removed after 219 days
September 08, 2012 V970184 $467,000 $-152,900 -25%
November 13, 2012 V970184 removed after 66 days
April 04, 2013 V998713 $475,000 $-144,900 -23%
May 21, 2013 V998713 $455,000 $-164,900 -27%
January 16, 2014 V998713 $469,000 $-150,900 -24%
April 01, 2014 V998713 removed after 362 days
April 03, 2014 V1055827 $469,000 $-150,900 -24%

 

v1055827_1

Current Days on Market: 1515 (4.15years)
Current ‘Official’ Days on Market: 6
2013 Assessment: $434,000
Desperation Score: 11.9

Welcome to the “LIONCREST” Unique West facing TOWNHOUSE STYLE,2 lvl END UNIT. TOTALLY RENOVATED! Many CUSTOM FEATURES! Granite counters, Italian cabinetry, European Stainless Steel appliances, new lighting and fixtures. Porcelain tile, richWALNUT FLOORING. In-floor radiant heat in main entry, kitchen & bathroom. Deep soaker tub. Large SKYLIGHT and vaulted ceilings in living room. New Thermal window, screened slider opens to private tiled SUN PATIO WITH FENCED GARDEN, PLANTERS & BBQ AREA. PENTHOUSE LOUNGE WITH FIREPLACE, KITCHEN, BILLIARDS & MORE! free laundry. STEPS TO EVERYTHING! QUIET park like CUL-DE-SAC. SMART LIVING FOR THE YOUNG AT HEART! IT’S A LIFESTYLE! OPEN HOUSE SUN APRIL 6 2-4 PM

Listed for over 4 years!!!  Oh wait, officially it has been listed for 6 days… Still listed for higher than it didn’t sell for most of last year and well above assessment.  Lots of CAPS


#4 ) Address:2262 W 39TH AV, Kerrisdale, Vancouver West

September 15, 2007 V668512 $1,400,000 $0 0%
November 08, 2007 V668512 removed after 54 days
July 22, 2009 V777893 $1,738,000 $0 0%
October 01, 2009 V777893 $1,680,000 $-58,000 -3%
April 15, 2010 V777893 $1,650,000 $-88,000 -5%
July 02, 2010 V777893 removed after 345 days
July 04, 2010 V840261 $1,580,000 $-158,000 -9%
March 31, 2011 V840261 removed after 270 days
April 03, 2011 V879840 $1,580,000 $-158,000 -9%
December 22, 2011 V879840 removed after 263 days
December 24, 2011 V922901 $1,580,000 $-158,000 -9%
June 30, 2012 V922901 removed after 189 days
July 08, 2012 V960937 $1,488,000 $-250,000 -14%
January 01, 2013 V960937 removed after 177 days
January 20, 2013 V986232 $1,450,000 $-288,000 -17%
June 25, 2013 V986232 removed after 156 days
June 28, 2013 V1014903 $1,388,000 $-350,000 -20%
December 28, 2013 V1014903 removed after 183 days
April 04, 2014 V1055902 $1,298,000 $-440,000 -25%

 

v1055902_1

Current Days on Market: 1722 (4.72years)
Current ‘Official’ Days on Market: 5
2013 Assessment: $1,376,000
2011 Assessment: $1,502,000
Desperation Score: 15.7

EXCELLENT PRICE LUXURY TOWNHOUSE IN KERRISDALE NEIGHBOURHOOD OVER 1800sq.ft. AT THE “THE KERRY” CONCRETE BUILDING. Features high ceiling, open concept layout, entertainment size living and dining room opens onto the private beautifully landscaped garden patio surrounded by waterfall. Total 2 bedrooms & den, 2.5 baths, Hardwood floors, thru-out main level, spacious gourmet kitchen with high end appliances, Sub-zero, Wolf & Miele, large granite top centre island, 2 side by side parking with private gate. Beautiful street appeal, Close to POINT GREY HIGH SCHOOL, QUILCHENA ELEMENTARY, CROFTON HOUSE, YORK HOUSE & ST.GEORGE’S PRIVATE SCHOOL, USC, SHOPPING, RESTAURANTS, TRANSIT, MUST SEE!

MORE CAPS AND ANOTHER 4 ALMOST 5 YEAR LISTING with an official Days on Market of 5 days… They are finally approaching reasonable (at least in the current market) pricing


#3 ) Address:# 101 4625 GRANGE ST, Forglen, Burnaby

November 08, 2007 V677063 $249,900 $0 0%
November 10, 2007 V677063 $239,000 $-10,900 -4%
December 06, 2007 V677063 $229,900 $-20,000 -8%
January 03, 2008 V677063 removed after 56 days
January 06, 2008 V682177 $234,900 $-15,000 -6%
January 24, 2008 V682177 $219,900 $-30,000 -12%
March 04, 2008 V682177 removed after 58 days
May 20, 2011 V889374 $238,000 $-11,900 -5%
July 14, 2011 V889374 $229,000 $-20,900 -8%
May 19, 2012 V889374 removed after 365 days
May 25, 2012 V952392 $229,000 $-20,900 -8%
December 17, 2013 V952392 removed after 571 days
April 03, 2014 V1055742 $185,000 $-64,900 -26%

 

v1055742_1

Current Days on Market: 1055 (2.89years)
Current ‘Official’ Days on Market: 6
2013 Assessment: $190,100
Desperation Score: 14.7

Great location in the heart of Burnaby! Definitely the best price in the area.Walkable distance to shopping mall, superstore, cinemas, library, bus loop, skytrain station, golfcourse, banks, community ctr & more. Very motivated Seller!! Bigopen patio for all sorts of gardening. Great price and size for students, young family/couple and retirees. Take advantage of the historically low interest rate!!! Can provide you with rough mortgage payment estimate. Why rent if you can buy for a lot cheaper?

“Take advantage of the historically low interest rate!!! Can provide you with rough mortgage payment estimate. Why rent if you can buy for a lot cheaper?”  Maybe because 1) interest rates will rise 2) you are not doing the real math if you think renting is cheaper and 3) when you do sell it in the future it will be worth even less and as a bonus you get to pay a nice big commission.  Listed for almost 3 years but this latest price drop shows that they are finally being reasonable.


#2 ) Address:# 204 341 MAHON AV, Lower Lonsdale, North Vancouver

March 08, 2008 V693482 $389,000 $0 0%
March 28, 2008 V693482 removed after 20 days
June 01, 2011 V891230 $419,000 $0 0%
July 20, 2011 V891230 $410,000 $-9,000 -2%
November 01, 2011 V891230 removed after 153 days
January 22, 2012 V926983 $399,900 $-19,100 -5%
March 20, 2012 V926983 $389,500 $-29,500 -7%
April 19, 2012 V926983 removed after 88 days
April 21, 2012 V944763 $389,500 $-29,500 -7%
May 04, 2012 V944763 $374,500 $-44,500 -11%
June 23, 2012 V944763 $365,000 $-54,000 -13%
August 14, 2012 V944763 removed after 115 days
August 18, 2012 V967073 $359,000 $-60,000 -14%
October 02, 2012 V967073 $354,000 $-65,000 -16%
December 31, 2012 V967073 removed after 135 days
January 20, 2013 V986154 $353,000 $-66,000 -16%
July 29, 2013 V986154 removed after 190 days
August 17, 2013 V1022590 $345,000 $-74,000 -18%
October 25, 2013 V1022590 $337,000 $-82,000 -20%
February 11, 2014 V1022590 removed after 178 days
February 14, 2014 V1046996 $319,900 $-99,100 -24%
April 04, 2014 V1046996 $309,900 $-109,100 -26%

 

v1046996_1

Current Days on Market: 1043 (2.86years)
Current ‘Official’ Days on Market: 54
2013 Assessment:$316,500
Desperation Score: 22.7

This is rare concrete low rise building in the North Shore. Beautifully updated 2 bedroom suite, great kitchen with stainless appliances, new painting, insuite laundry, slate floor, sunken living room with natural hardwood floors. Great Mountain. views, extra large wrap around balcony. Close to all the terrific Lower Lonsdale amenities. Price is below the government assessment fee.

Another 3 year listing finally below assessment


#1 ) Address:# 201 7180 LINDEN AV, Highgate, Burnaby

December 02, 2007 V679995 $159,900 $0 0%
January 18, 2008 V679995 removed after 47 days
February 28, 2008 V691327 $197,900 $0 0%
December 01, 2008 V691327 removed after 277 days
January 14, 2009 V748132 $192,900 $-5,000 -3%
July 01, 2009 V748132 removed after 168 days
July 10, 2009 V776019 $187,900 $-10,000 -5%
January 03, 2010 V776019 removed after 177 days
January 29, 2010 V806551 $175,000 $-22,900 -12%
March 31, 2010 V806551 $169,000 $-28,900 -15%
July 01, 2010 V806551 removed after 153 days
July 07, 2010 V840497 $159,000 $-38,900 -20%
January 10, 2011 V840497 removed after 187 days
February 10, 2011 V868282 $149,000 $-48,900 -25%
February 17, 2011 V868282 removed after 7 days
February 25, 2011 V871656 $149,000 $-48,900 -25%
March 11, 2011 V871656 removed after 14 days
May 18, 2011 V888821 $172,000 $-25,900 -13%
May 31, 2011 V888821 $165,000 $-32,900 -17%
June 16, 2011 V888821 $159,000 $-38,900 -20%
June 22, 2011 V888821 removed after 35 days
November 15, 2013 V1035962 $147,000 $-50,900 -26%
December 17, 2013 V1035962 $139,900 $-58,000 -29%
February 19, 2014 V1035962 $129,900 $-68,000 -34%
April 04, 2014 V1035962 $127,900 $-70,000 -35%

 

v1035962_1

Current Days on Market: 145 (0.40years)
Current ‘Official’ Days on Market: 145
2013 Assessment: $124,800
Desperation Score: 22.6

SELLER HAS MOVED TO NEW RESIDENCE & MUST SELL! Bright 1 bdrm close to Highgate Village. Newer kitchen, bath & laminate floors. Well maintained building with updates to piping, boiler & elevator. Walk to transit, shopping & rec centre.Heat & hot water included in strata fee. Sunny balcony for bbqing.

“SELLER HAS MOVED TO NEW RESIDENCE & MUST SELL! ”  Still above assessment even after 35% in price drops from the peak price

Follow

Get every new post delivered to your Inbox.

Join 250 other followers