Vancouver Price Drop

Documenting Vancouver real estate price movements

Golden Ears Spotlight – November 2, 2012

It’s been a month so once again here are the top 10 properties currently listed in Maple Ridge, Pitt Meadows and Mission with the largest overall drop in asking price since early March.

Some Highlights

  • It takes a 28% drop to make this top 10.  The last 4 months have been 28%, 30%, 24% and 21%
  • 4 of 9 listings are now below assessment

#10 ) Address:20457 LORNE AV, Southwest Maple Ridge, Maple Ridge

March 09 V917749 $389,800 $0 0%
May 01 V917749 removed
June 30 V959603 $319,500 $-70,300 -18%
Open House: Jul 08
August 08 V959603 $299,000 $-90,800 -23%
September 21 V959603 $279,000 $-110,800 -28%

Assessment: $257,100

Two Bedroom & One Bathroom rancher located in south west area of Maple Ridge. Open design concept. Plenty of parking in front of property and close to transit, schools & shopping. Why rent when you can have your own home. All measurements are approximate and should be verified if important. Contact your agent for more details and arrange a viewing.


#9 ) Address:36181 BEYER RD, Dewdney Deroche, Mission

No Picture

March 09 F1124806 $380,000 $0 0%
April 04 F1124806 removed
June 08 F1214930 $330,000 $-50,000 -13%
August 09 F1214930 removed
October 26 F1226288 $269,000 $-111,000 -29%

Assessment: $323,000

Looking for that perfect building site? 13.2 acres of privacy the driveway is in place. The Engineering, Riparian and Geo-technical reports have been completed and will be made available ready for your dream home. Not far from Cascade FallsRegional Park along with many more sites for outdoor adventures. Ideal for the outdoor enthusiast. Call to view today! This property is priced to sell!!


#8 ) Address:32600 BOBCAT DR, Mission BC, Mission

September 07 F1122311 $319,000 $0 0%
October 07 F1122311 $299,000 $-20,000 -6%
November 16 F1122311 $289,000 $-30,000 -9%
January 27 F1122311 $284,000 $-35,000 -11%
February 29 F1122311 $250,000 $-69,000 -22%
October 05 F1122311 removed
October 06 F1224897 $231,900 $-87,100 -27%
November 01 F1224897 $224,900 $-94,100 -29%

Assessment: $285,000

Come for the views, stay for the equity. Great fixer upper on a quiet street, yet only minutes to town. 3 bedrooms and 2 bathrooms on a large lot with views of the valley below. Home needs some TLC but is priced accordingly. Don’t miss yourchance, view today!


#7 ) Address:12498 232ND ST, East Central, Maple Ridge

October 29 V917886 $1,298,000 $0 0%
June 06 V917886 $1,095,000 $-203,000 -16%
July 11 V917886 $975,500 $-322,500 -25%
September 07 V917886 $889,000 $-409,000 -32%

Assessment: $697,000

Build your family dream home with secondary suite, in a pristine, panoramic meadow and with mountain views and a rural setting yet close to downtown Maple Ridge. Very Private. Add a “modular” guest home. Zoning permits hobby farm and / or agri-business such as garden centers, green houses, kennels etc. Municipal services on 5.53 acre site. This must be seen.


#6 ) Address:26000 128TH AV, Websters Corner, Maple Ridge

June 02 V953993 $409,900 $0 0%
June 14 V953993 $279,900 $-130,000 -32%

Assessment: $508,000

Build Your Dream Home on this Five acre parcel, city water on 128th.Great wild life get away for the weekend. The site needs to be a driveway built and a building site with sand. I have an experienced engineer available for the coordination of the project and necessary approvals including septic.Also listed for sale next door 25928 128th listed for sale 3 acres $299900.00. SELLER OPEN TO OFFERS!


#5 ) Address:25977 DEWDNEY TRUNK RD, Websters Corner, Maple Ridge

October 04 V903569 $1,480,000 $0 0%
March 09 V903569 $1,180,000 $-300,000 -20%
April 21 V903569 $999,000 $-481,000 -33%
August 31 V903569 removed
September 02 V968963 $999,000 $-481,000 -33%

Assessment: $971,000

11.96 acres with 2 homes on city water. No Creeks,278 ft of frontage,lots of fruit trees, The barn is renovated into a nice home with main house. Property has great potential. Wood & tile finish and European flair.Bring your ideas, land is nice, almost flat all usable wide open sunny location. With potential to buy the adjacent property.


#4 ) Address:32921 14TH AV, Mission BC, Mission

No Picture

December 04 F1128776 $1,450,000 $0 0%
April 16 F1128776 $1,000,000 $-450,000 -31%
October 26 F1128776 $880,000 $-570,000 -39%

Assessment: $442,000

1.47 acre property in central Mission approved for 23 town homes. Complete with drawings, geotech, engineering and site plans. Present zone R558. New zone MT40. Preliminary approval.


#3 ) Address:# 59 8400 SHOOK RD, Hatzic, Mission

May 03 F1211423 $48,800 $0 0%
June 02 F1211423 $39,900 $-8,900 -18%
September 14 F1211423 $28,800 $-20,000 -41%

Assessment: No Assessment

Everglades at Hatzic Lake! Great opportunity to own your own recreational lot, just a short drive to Vancouver. Gated community with boat launch and parking, beach, parks and playground. The perfect weekend getaway. Included with this lot is a nice little trailer that sleeps 4. Great lifestyle – just steps away from the lake where you can enjoy boating, water skiiing, fishing & the lake lifestyle. Call for more information.


#2 ) Address:12470 BLUE MOUNTAIN CR, Northeast, Maple Ridge

April 02 V940681 $698,000 $0 0%
August 03 V940681 removed
August 06 V965433 $475,000 $-223,000 -32%
August 17 V965433 $449,000 $-249,000 -36%
September 06 V965433 $429,000 $-269,000 -39%
September 21 V965433 $389,000 $-309,000 -44%
October 13 V965433 $374,900 $-323,100 -46%
October 31 V965433 $349,000 $-349,000 -50%

Assessment: $526,000

CAPE COD ON 1 ACRE! Nice curb appeal to this home with upstairs bedroom dormer windows. Lots of parking, double enclosed garage, nifty brickwork at the front, large covered sundeck at the back, off the dining and living room areas. Main floor has huge living and dining rooms, family room with gas fireplace, kitchen with wood cabinets and island, large laundry room. Two half baths on this level. Upstairs are 4 bedrooms, a full bathroom, and a full ensuite off the master. The basement is part and unfinished. Court Order Sale, as-is, extensive damage to home throughout, mold, etc. view photos on Realtor website before requesting a viewing. Check with your bank for financing first, as the home is without an occupancy permit.


#1 ) Address:12157 – 12175 224TH ST, West Central, Maple Ridge

May 26 V703429 $2,499,000 $0 0%
June 14 V703429 $3,900,000 $0 0%
July 19 V703429 $2,900,000 $-1,000,000 -26%
September 24 V703429 $2,500,000 $-1,400,000 -36%
March 09 V703429 $1,990,000 $-1,910,000 -49%
May 01 V703429 $1,750,000 $-2,150,000 -55%

Assessment: $898,000

Town Core potential highrise site. Located near Town & Ecra Seniors Centre & extensive new apartment development.

2 responses to “Golden Ears Spotlight – November 2, 2012

  1. JR November 2, 2012 at 7:00 pm

    #2 Has anyone figured out the Cape Cod comment? I did a google image search and this doesn’t look like Cape Cod.

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