Weekly Drop Suburbs – January 29, 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 dropped the largest percentage overall from their original asking price.

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#10 ) Address:# 104 2425 CHURCH ST, Abbotsford West, Abbotsford

March 24, 2013	F1306738	$114,900	$0	0%
April 10, 2013	F1306738	$99,900	$-15,000	-13%
May 05, 2013	F1306738	$89,900	$-25,000	-22%
May 28, 2013	F1306738	removed after 65 days
June 28, 2013	F1315263	$146,900	$0	0%
August 05, 2013	F1315263	$139,900	$-7,000	-5%
September 07, 2013	F1315263	$134,900	$-12,000	-8%
October 06, 2013	F1315263	$129,900	$-17,000	-12%
October 17, 2013	F1315263	$119,900	$-27,000	-18%
October 29, 2013	F1315263	removed after 123 days
November 07, 2013	F1325110	$118,900	$-28,000	-19%
November 27, 2013	F1325110	$111,900	$-35,000	-24%
January 16, 2014	F1325110	$99,990	$-46,910	-32%
January 20, 2014	F1325110	removed after 74 days
January 27, 2014	F1401760	$99,900	$-47,000	-32%

Current Days on Market: 312 (0.85years)
Current ‘Official’ Days on Market: 3
2013 Assessment: $120,900
Desperation Score: 35.3

Move in ready! Your above ground level 2 bdrm/2 bath new home has been renovated throughout…including new flooring & baseboard, paint, light fixtures, Stainless Steel appliances and much more. Parkview Place is a well managed 55+/no pets/no rental complex with heated underground parking, workshop, meeting & games room. Low taxes and strata fees include gas and hot water. A new efficient boiler has recently been installed…new roof is in this year’s improvement plan. Central location…close to public transit, freeway access and shopping. Your new home is vacant and ready for you unpack you bags!! Call today! * PREC – Personal Real Estate Corporation

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#9 ) Address:9895 179TH ST, Fraser Heights, North Surrey

May 11, 2012	F1212218	$1,188,000	$0	0%
May 21, 2013	F1212218	$960,000	$-228,000	-19%
September 16, 2013	F1212218	removed after 493 days
September 30, 2013	F1322686	$880,000	$-308,000	-26%
November 15, 2013	F1322686	$829,000	$-359,000	-30%
January 16, 2014	F1322686	$819,000	$-369,000	-31%
January 29, 2014	F1322686	$799,900	$-388,100	-33%

Current Days on Market: 629 (1.72years)
Current ‘Official’ Days on Market: 122
2013 Assessment: $751,500
2011 Assessment: $748,500
Desperation Score: 32.9

Beautiful setting for this 2,100 sq.ft. 3 level split home on 1 acre in sought after Fraser Heights. Fully fenced yard featuring fruit trees & ponds. Landscaped w/curbing & hedges. Private. SUNNY all day long. 3 bdrms up incl full bath w/updated vanity & 2 pce ensuite plus full bath. Newer hardwood floors. Kitchen feat. Updated countertops & stainless appliances. Traditional flr plan. Living rm w/cozy fireplace & dining rm w/chandelier. Sunken family rm w/French doors to huge cov patio w/hot tub perfect for yr. round use. Den/office w/built in desk. Huge 4th bdrm or recrm w/sep. entrance. Worksop & storage shed. Lots parking. Close to Marina/Boat Lunch & Private school. Newer roof, h/w tank & furnace just serviced, septic just pumped.

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#8 ) Address:22940 48TH AV, Salmon River, Langley

March 17, 2012	F1206833	$5,800,000	$0	0%
April 14, 2012	F1206833	$4,200,000	$-1,600,000	-28%
September 14, 2012	F1206833	removed after 181 days
January 23, 2014	F1401552	$3,900,000	$-1,900,000	-33%

No Image

Current Days on Market: 7 (0.02years)
Current ‘Official’ Days on Market: 7
2013 Assessment: $1,088,000
Desperation Score: 11.4

Attention ALL investors! Huge land of 10.17 acres which has potential development up to 52 lots. Near to Fraser Hwy & minutes to Downtown of Langley. It is not in the ALR area! Great potential for storage buildings, mobile homes &/or agricultural purposes! Drive by for viewing. Lots of potential.

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#7 ) Address:1458 248TH ST, Otter District, Langley

September 24, 2008	F2827732	$2,700,000	$0	0%
February 23, 2009	F2827732	removed after 152 days
March 26, 2010	F1007873	$2,900,000	$0	0%
May 28, 2010	F1007873	$2,595,000	$-305,000	-11%
November 30, 2010	F1007873	$2,519,000	$-381,000	-13%
August 29, 2011	F1007873	removed after 521 days
August 31, 2011	F1121868	$2,515,000	$-385,000	-13%
October 05, 2011	F1121868	$2,499,900	$-400,100	-14%
December 01, 2011	F1121868	removed after 92 days
May 21, 2013	F1311892	$1,950,000	$-950,000	-33%
January 28, 2014	F1311892	$1,895,000	$-1,005,000	-35%

Current Days on Market: 254 (0.70years)
Current ‘Official’ Days on Market: 254
2013 Assessment: Farm Land
Desperation Score: 17.0

Beautifully gently rolling 40.27 acres in South Langley. Well drained, mostly level pastures except for approx 5 acres of mature forest. Stunning Mt. Baker views, 3100 sq ft home, double garage, fully finished bsmt with 700 sq ft unauthorized suite with separate entry. Large 99’x138′ former dairy barn, functional for any of your uses. New high end furnace, water filtration system, 3 wells, gated, fenced & cross fenced. Sellers said “never been sprayed” should be good for organics. This would make a great equestrian estate, tons of potential, priced to sell! * PREC – Personal Real Estate Corporation

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#6 ) 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%

Current Days on Market: 334 (0.92years)
Current ‘Official’ Days on Market: 64
2013 Assessment: $373,000
Desperation Score: 19.9

VIEWS!!! VIEWS!!! VIEWS!!! 3 BR rancher on 1.23 PRIVATE acres!!! 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! Hurry on this one!!!

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#5 ) Address:# 204 1480 FOSTER ST, White Rock, White Rock

January 08, 2007	F2700039	$299,900	$0	0%
March 22, 2007	F2700039	$279,000	$-20,900	-7%
May 10, 2007	F2700039	$249,900	$-50,000	-17%
May 25, 2007	F2700039	removed after 137 days
August 09, 2013	F1318557	$199,000	$-100,900	-34%
November 11, 2013	F1318557	removed after 94 days
January 23, 2014	F1401330	$184,900	$-115,000	-38%

Current Days on Market: 174 (0.48years)
Current ‘Official’ Days on Market: 7
2013 Assessment: $192,400
2011 Assessment: $225,000
Desperation Score: 11.8

Desirable White Rock Square 1 is home to this bright & beautifully maintained 1 bedroom 1 bathroom condo in central uptown location. Features include open floor plan, spacious kitchen & enclosed sunroom, ideal for office or breakfast room. Large master bedroom & renovated ensuite with brand new oversized walk-in shower & shower heads. Convenient in-suite laundry, large storage locker & secure parking. Relax & enjoy stunning ocean views from roof top patio. Entertain in the beautiful Penthouse lounge with games room, kitchen, sauna and rec room. Superior concrete building has newer elevator, boiler, roof, renovated lobby and is only steps to shops, transit & services. No pets, no rentals, no age restrictions, but adult oriented.

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#4 ) 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%

No Image

Current Days on Market: 14 (0.04years)
Current ‘Official’ Days on Market: 14
2013 Assessment: $229,000
2011 Assessment: $226,000
Desperation Score: 15.8

The views at Infinity Towers are unobstructed and unmatched. 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 it’s for work or play the Skytrain makes for car free living. An urban village with shops, services and cafes will be at your door step 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.

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#3 ) Address:# DL 8296 LILLOOET LAKE RD, Pemberton, Whistler/Pemberton

April 09, 2012	V942117	$169,000	$0	0%
September 25, 2012	V942117	$149,900	$-19,100	-11%
January 10, 2013	V942117	$144,900	$-24,100	-14%
February 15, 2013	V942117	$129,900	$-39,100	-23%
May 21, 2013	V942117	$109,000	$-60,000	-36%
September 02, 2013	V942117	removed after 511 days
September 30, 2013	V1029683	$104,900	$-64,100	-38%
January 28, 2014	V1029683	$94,900	$-74,100	-44%

Current Days on Market: 661 (1.81years)
Current ‘Official’ Days on Market: 122
2013 Assessment: Unknown
Desperation Score: 19.2

Rare opportunity to purchase a waterfront acreage with rustic cabin situated on Lillooet Lake. Beautiful secluded location, surrounded by mountains and water. The sounds of Joffre creek in the background while you sit outside and enjoy the spectacular scenery. Only 1.5 hours from Vancouver to this property, the log cabin was built in the 1970s and has a large open plan with loft, lots of room for a large family. Crown leasehold property. Some conditions apply. Contact today for more information.

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#2 ) Address:4703 CAMERON RD, Pender Harbour, Sunshine Coast

March 09, 2012	V903605	$399,000	$0	0%
March 31, 2012	V903605	removed after 22 days
April 02, 2012	V916948	$1,499,000	$0	0%
June 16, 2012	V916948	$1,299,000	$-200,000	-13%
January 01, 2013	V916948	removed after 274 days
September 05, 2013	V1025093	$955,500	$-543,500	-36%
October 06, 2013	V1025093	$903,000	$-596,000	-40%
November 23, 2013	V1025093	removed after 79 days
December 17, 2013	V1038918	$859,900	$-639,100	-43%
January 29, 2014	V1038918	$839,900	$-659,100	-44%

Current Days on Market: 147 (0.40years)
Current ‘Official’ Days on Market: 44
2013 Assessment: $912,000
Desperation Score: 37.6

Beautiful home in desirable Arbutus Landing, this is a stunning waterfront property. The south-facing ocean views can be enjoyed from the amazing deck. The open plan layout of the living areas is enhanced by the feature wood-burningfireplace. Hardwood flooring flows throughout the dining and living rooms. This is an area of outstanding natural beauty, and this is the home to enjoy it from.

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#1 ) Address:12686 232ND ST, East Central, Maple Ridge

August 31, 2011	V907325	$1,200,000	$0	0%
December 01, 2011	V907325	removed after 92 days
March 04, 2012	V935192	$950,000	$-250,000	-21%
June 30, 2012	V935192	removed after 118 days
July 26, 2012	V963809	$950,000	$-250,000	-21%
January 10, 2013	V963809	removed after 168 days
March 14, 2013	V995613	$800,000	$-400,000	-33%
August 01, 2013	V995613	removed after 140 days
September 28, 2013	V1029180	$625,900	$-574,100	-48%
October 29, 2013	V1029180	$579,900	$-620,100	-52%
November 23, 2013	V1029180	$539,900	$-660,100	-55%
December 28, 2013	V1029180	$523,900	$-676,100	-56%
January 27, 2014	V1029180	$509,900	$-690,100	-58%

Current Days on Market: 883 (2.42years)
Current ‘Official’ Days on Market: 124
2013 Assessment: $737,000
Desperation Score: 48.2

SOLD AS IS – WHERE IS. Approximately 4.77 Acres with great potential, close to Yennadon Elementary school & other amenities.