Vancouver Price Drop

Documenting Vancouver real estate price movements

Monthly Archives: February 2013

Weekly Drop Metro Vancouver Attached – February 27, 2013

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.

4 listings from Burnaby, 3 from Vancouver West and 1 from Richmond, Vancouver East and North Vancouver


#10 ) Address:# 224 12873 RAILWAY AV, Steveston South, Richmond

March 04, 2012 V935138 $448,000 $0 0%
May 23, 2012 V935138 $429,000 $-19,000 -4%
July 23, 2012 V935138 removed after 141 days
July 26, 2012 V963685 $389,900 $-58,100 -13%
December 24, 2012 V963685 removed after 151 days
February 22, 2013 V991932 $349,900 $-98,100 -22%

v991932_11

Current Days on Market: 362 (0.99years)
Current ‘Official’ Days on Market: 7
2012 Assessment: $398,000
2011 Assessment: $431,000
Desperation Score: 12.8

Paid for renovations and new roof, 8% drop in assessment and 22% drop in asking price

Fantastic value. Move in anytime. Spotless and spacious suite in Steveston’s Westwater Views. 2 bedroom condo facing greenspace. Superb and functional floorplan with bedroom separation, eating area in kitchen and large main rooms. Recent renovations include new interior paint and owner’s have recently paid for a new roof. Stunning sunrises, Mount Baker and Northshore views. Minutes to school, park, boardwalk and the Steveston Village.


#9 ) Address:# 201 2212 OXFORD ST, Hastings, Vancouver East

September 18, 2010 V850699 $328,000 $0 0%
September 29, 2010 V850699 removed after 11 days
April 08, 2011 V880793 $318,000 $-10,000 -3%
June 29, 2011 V880793 removed after 82 days
April 21, 2012 V944788 $318,000 $-10,000 -3%
July 05, 2012 V944788 $296,000 $-32,000 -10%
July 29, 2012 V944788 removed after 99 days
August 04, 2012 V965210 $282,800 $-45,200 -14%
October 02, 2012 V965210 $269,900 $-58,100 -18%
November 01, 2012 V965210 removed after 89 days
November 17, 2012 V980521 $255,000 $-73,000 -22%
February 16, 2013 V980521 removed after 91 days
February 24, 2013 V992491 $255,000 $-73,000 -22%

v992491_11

Current Days on Market: 314 (0.86years)
Current ‘Official’ Days on Market: 5
2012 Assessment: $278,000
2011 Assessment: $263,000
Desperation Score: 22.3

Excellent floor plan layout, spacious, bright, 2 generous sized bedrooms, balcony, gas fireplace, insuite laundry, laminated flooring, underground parking & storage locker. Pro-active strata; well-maintained building. Strata fee covers gas, hot water, etc. Pets & rentals allowed with restrictions. Centrally located; minutes to downtown & steps to the trendy shops/restaurants of Hastings-Sunrise.


#8 ) Address:# 312 7055 WILMA ST, Highgate, Burnaby

June 12, 2011 V893931 $329,000 $0 0%
June 28, 2011 V893931 $309,000 $-20,000 -6%
July 08, 2011 V893931 $299,000 $-30,000 -9%
July 28, 2011 V893931 removed after 46 days
August 26, 2011 V906913 $299,900 $-29,100 -9%
January 01, 2012 V906913 removed after 128 days
November 15, 2012 V980114 $268,800 $-60,200 -18%
February 13, 2013 V980114 removed after 90 days
February 21, 2013 V991729 $255,000 $-74,000 -22%

v991729_11

Current Days on Market: 106 (0.29years)
Current ‘Official’ Days on Market: 8
2012 Assessment: $211,900
Desperation Score: 9.0

“Sutie”, “Lvining area”, “healthly”.  Alice Wong, it is time to use spell check.  Listed 20% over assessment AFTER the 22% in price drops.

WOW! Don’t miss out on the TASTEFULLY RENOVATED, SOUTH-FACING, 838 sqft, 2 bdrm, 1 bthrm unit at The Beresford, Bosa-built with award-winning gardens! Sutie features completely re-done kitchen with ample maple cabinets & stainless steel appliances, beautiful hardwood flring throughout & re-modelled bthrm. Lvining area is spacious with enough room for formal dining area. Both bedrooms are a good size-no wasted space in this layout! Experience peace-of-mind as the building is very well-maintained with a pro-active strata, healthly contingency fund, & recent assessments for re-piping & other work to be paid for by the Seller. Central Highgate location is close to the mall, library, parks, & amenities!


#7 ) 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%

v991337_11

Current Days on Market: 217 (0.59years)
Current ‘Official’ Days on Market: 12
2012 Assessment: $236,100
2011 Assessment: $267,200
Desperation Score: 27.5

12% assessment drop.  “With portable dishwasher.” – does that really deserve its own sentence?  Seriously, buy a crappy old condo in Burnaby for a quarter of a million dollars but don’t worry you get a portable dishwasher.

Beautifully partially renovated 2 bdrm,2 bathroom,corner unit approx 900sqft located in North Burnaby, close to shopping centre, transportation & all amenities The unit was renovated w/ laminate flooring, fresh paint& new appliances in the kitchen. With portable dishwasher. Unit comes w/ 1 parking & 1 storage & shared laundry. building is in a very good shape.


#6 ) Address:# 3203 388 DRAKE ST, Yaletown, Vancouver West

December 02, 2010 V853334 $1,980,000 $0 0%
January 17, 2011 V853334 removed after 46 days
February 11, 2011 V868648 $1,598,000 $-382,000 -19%
March 25, 2011 V868648 removed after 42 days
June 04, 2011 V892287 $1,448,000 $-532,000 -27%
July 12, 2011 V892287 removed after 38 days
September 27, 2012 V973644 $1,568,000 $-412,000 -21%
February 22, 2013 V973644 removed after 148 days
February 24, 2013 V992548 $1,498,000 $-482,000 -24%

v992548_11

Current Days on Market: 155 (0.42years)
Current ‘Official’ Days on Market: 5
2012 Assessment: $1,725,000
2011 Assessment: $1,797,000
Desperation Score: 7.6

This is it! Zen doesn’t even begin to describe this gorgeous and massive 2 level, 3 bedroom, 4 bathroom penthouse! Open concept living with an expansive great room complete with fire place leads into a generous dining room, solarium, and kitchen. Upstairs, 3 generous sized bedrooms including 2 gorgeous en suite bathrooms make for a truly executive or family-sized home in the sky. Endless views of False Creek, the city and the North Shore Mountains, a fully-rain screened building with concierge and super amenities all steps to some of the finest shopping, parks, and restaurants in Vancouver, make this Yaletown Penthouse a truly fantastic home!


#5 ) Address:# 217 6735 STATION HILL CT, South Slope, Burnaby

October 05, 2006 V612982 $229,000 $0 0%
October 16, 2006 V612982 removed after 11 days
July 31, 2011 V902756 $265,000 $0 0%
October 27, 2011 V902756 removed after 88 days
November 06, 2011 V918868 $255,000 $-10,000 -4%
April 11, 2012 V918868 removed after 157 days
May 03, 2012 V947047 $246,888 $-18,112 -7%
September 19, 2012 V947047 $229,900 $-35,100 -13%
October 16, 2012 V947047 removed after 166 days
October 18, 2012 V976956 $219,000 $-46,000 -17%
December 03, 2012 V976956 removed after 46 days
December 05, 2012 V981870 $204,900 $-60,100 -23%
February 20, 2013 V981870 removed after 77 days
February 23, 2013 V992366 $199,900 $-65,100 -25%

v992366_11

Current Days on Market: 579 (1.59years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $235,300
Desperation Score: 21.5

The Courtyards. Located at the end of the cul-de-sac backing greenbelt. This 1 bedroom 734 sqft unit is ground level. Cheater ensuite, cozy kitchen, laminate flooring throughout, gas fireplace & sliding doors to large patio. Secure underground parking for 1. Well maintained complex with pro-active strata. New roof replaced this year with 25 year warranty. Great central location. Close to Edmonds Skytrain Station, High Gate Mall, Choices Market, schools and the trails along Byrne Creek.


#4 ) Address:1419 W 11TH AV, Fairview, Vancouver West

August 15, 2007 V663585 $989,000 $0 0%
January 12, 2008 V663585 removed after 150 days
January 31, 2008 V685802 $979,000 $-10,000 -1%
May 07, 2008 V685802 removed after 97 days
September 14, 2012 V971091 $1,329,000 $0 0%
September 18, 2012 V971091 removed after 4 days
September 20, 2012 V972459 $1,180,000 $-149,000 -11%
October 24, 2012 V972459 $1,036,000 $-293,000 -22%
February 19, 2013 V972459 removed after 152 days
February 22, 2013 V992131 $988,000 $-341,000 -26%

v992131_11

Current Days on Market: 168 (0.46years)
Current ‘Official’ Days on Market: 7
2012 Assessment: $996,000
2011 Assessment: $962,000
Desperation Score: 18.3

LARGEST UNIT IN THE COMPLEX!! Welcome to W11th built by Quigg. This 2 bedroom, 3 bathroom, and den home is spread over 1900 ft2 and comes with high end appliances, brand new flooring and fresh paint ready to move in. High ceilings, private courtyard and roof top deck. Ideal location with restaurants, shopping, and Granville Island steps away. Open House Feb 23 1-4pm Feb 24 2-4pm


#3 ) Address:# 402 133 E ESPLANADE ST, Lower Lonsdale, North Vancouver

September 04, 2010 V848577 $1,690,000 $0 0%
December 06, 2010 V848577 removed after 93 days
February 23, 2013 V992385 $1,250,000 $-440,000 -26%

v992385_11

Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $1,219,000
Desperation Score: 4.5

Pinnacle Residences at the Pier, gorgeous waterfront corner unit, terrific water view, view of city of Vancouver, Stanley Park. This beautiful suite includes 3 bedrooms & den, balcony, hardwood flooring, open kitchen with unbeatable view. Hotel facilities include indoor swimming pool, steam room, sauna & gym. Hotel room services & housekeeping is available to owners of Pinnacle Residences. Walking distance to Lonsdale Quay & seabus. Buyer to verify property measurement.


#2 ) Address:# 801 9232 UNIVERSITY CR, Simon Fraser Univ., Burnaby

October 05, 2006 V613909 $375,000 $0 0%
November 04, 2006 V613909 $369,800 $-5,200 -1%
February 25, 2007 V613909 removed after 143 days
September 02, 2007 V666397 $515,000 $0 0%
September 13, 2007 V666397 removed after 11 days
December 04, 2008 V745619 $510,000 $-5,000 -1%
March 03, 2009 V745619 removed after 89 days
July 01, 2011 V897386 $420,000 $-95,000 -18%
November 02, 2011 V897386 removed after 124 days
September 21, 2012 V972623 $385,900 $-129,100 -25%
November 17, 2012 V972623 $374,900 $-140,100 -27%
December 21, 2012 V972623 $364,900 $-150,100 -29%
February 26, 2013 V972623 $355,500 $-159,500 -31%

v972623_11

Current Days on Market: 161 (0.44years)
Current ‘Official’ Days on Market: 161
2012 Assessment: $368,000
Desperation Score: 15.6

Between February and September of 2007 they raised the price by over 40%

Welcome to Novo 2 by Intergulf at S.F.U University living complex! This 2 bedroom & 2 bath corner suite on top of the world with gorgeous mountain & private forest views!! It has an open concept kitchen, complete with granite counter tops, 2 big balconies offers great entertainment space and fantastic views! Located within a 5 minute walk to SFU Campus, Bus Loop, Grocery Market, Bank, Pharmacy and Restaurants. Call today for your private showing!


#1 ) Address:# 202 8707 HUDSON ST, Marpole, Vancouver West

September 21, 2007 V669512 $259,900 $0 0%
October 06, 2007 V669512 $249,900 $-10,000 -4%
November 01, 2007 V669512 removed after 41 days
November 03, 2007 V676693 $239,900 $-20,000 -8%
November 07, 2007 V676693 removed after 4 days
May 03, 2010 V827114 $278,000 $0 0%
September 01, 2010 V827114 removed after 121 days
July 06, 2011 V897791 $297,000 $0 0%
September 13, 2011 V897791 $288,000 $-9,000 -3%
September 21, 2011 V897791 removed after 77 days
February 21, 2013 V991765 $199,500 $-97,500 -33%

v991765_11

Current Days on Market: 8 (0.02years)
Current ‘Official’ Days on Market: 8
2012 Assessment: $244,900
2011 Assessment: $242,900
Desperation Score: 5.9

“transporation”… I wonder if this is a foreclosure?  Lists at 20% below assessment and 30% below the last list price

Superb location! Minutes to shopping, public transporation, airport & recreation facilities! Strata council may allow insuite laundry installation!

 

Weekly Drop Metro Vancouver Detached – February 26, 2013

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.

4 properties are from West Vancouver, 3 from Richmond and 1 from Vancouver West, North Vancouver and Burnaby


#10 ) Address:4633 HEADLAND DR, Caulfeild, West Vancouver

April 30, 2008 V704254 $2,495,000 $0 0%
October 31, 2008 V704254 removed after 184 days
November 20, 2008 V744226 $2,195,000 $-300,000 -12%
February 15, 2009 V744226 $1,950,000 $-545,000 -22%
July 01, 2009 V744226 removed after 223 days
February 20, 2013 V991650 $1,898,000 $-597,000 -24%

v991650_11

Current Days on Market: 9 (0.02years)
Current ‘Official’ Days on Market: 9
2012 Assessment: $2,465,000
Desperation Score: 4.5

“olderchildren”, “adjoning”, “large romm sizes” – come on, it’s a $2 million dollar home, please learn to use spell check Penny Mitchell.  ” is ideal for empty nesters or for the family with olderchildren.” – I have young children so I guess I’ll pass then?  Why would you filter out a big chunk of your potential buyers?  If I see “ideal for empty nesters” and I have a family I stop reading there.  This is pretty basic stuff and no wonder this place is listed over 20% below assessment

Classic David Poskitt West Coast design home, situated in the heart of spectacular Caulfeild area. This beautifully appointed & meticulous, entertainment style home of 4300 sqft, is ideal for empty nesters or for the family with olderchildren. Some of the features include luxurious finishings throughout, vaulted ceilings, large romm sizes, hardwood floors, spacious country style kitchen with eating area and adjoning family room, formal living and dining rooms, gorgeous master suite, den, billiard room, games room and guest quarters. Caulfeild village, Rockridge Secondary, Caulfeild Elementary.


#9 ) Address:7940 GABRIOLA GT, Quilchena, Richmond

April 21, 2010 V823626 $938,000 $0 0%
May 18, 2010 V823626 $918,000 $-20,000 -2%
June 16, 2010 V823626 removed after 56 days
April 06, 2011 V879996 $1,198,000 $0 0%
June 13, 2011 V879996 removed after 68 days
October 14, 2012 V976669 $999,000 $-199,000 -17%
January 11, 2013 V976669 $965,000 $-233,000 -19%
February 19, 2013 V976669 removed after 128 days
February 22, 2013 V991953 $898,000 $-300,000 -25%

V9766690

Current Days on Market: 138 (0.38years)
Current ‘Official’ Days on Market: 7
2012 Assessment: $974,200
2011 Assessment: $1,078,600
2011 Last Sale: $1,130,000 on 23/Apr/2011
Total Loss IF sold for list price: 56,344 transaction costs and 232,000 loss on sale = LOSS of 288,344
Desperation Score: 12.6

Imagine buying a home for a little over a million dollars and then less than 2 years later hoping to sell it for a $300K loss.  But things are flat here so don’t worry about it.

Beautiful corner lot just steps from Quilchena Golf & dyke. Build your 3,600 sq.ft dream home. Great neighbourhood. Partially renovated with newer roof, double glazed windows, crown mouldings, new exterior paint. Very livable home in excellent location. Property sold as is.


#8 ) Address:1451 ANGUS DR, Shaughnessy, Vancouver West

March 28, 2010 V818026 $6,800,000 $0 0%
May 26, 2010 V818026 $6,488,000 $-312,000 -5%
July 28, 2010 V818026 $6,288,000 $-512,000 -8%
September 14, 2010 V818026 removed after 170 days
March 24, 2012 V939075 $11,880,000 $0 0%
October 11, 2012 V939075 $9,880,000 $-2,000,000 -17%
November 08, 2012 V939075 removed after 229 days
November 10, 2012 V979868 $9,880,000 $-2,000,000 -17%
January 31, 2013 V979868 removed after 82 days
February 20, 2013 V991398 $8,888,000 $-2,992,000 -25%

v991398_11

Current Days on Market: 342 (0.94years)
Current ‘Official’ Days on Market: 9
2012 Assessment: $8,384,000
2011 Assessment: $8,095,000
Desperation Score: 18.8

LOTS OF CAPS IN THIS $8,888,888.88 HOME.  No interior pictures, again seems like that is just lazy.  Also, it is “its” not “it’s”

PRESTIGIOUS FIRST SHAUGHNESSY LOCATION BY THE CRESCENT! RARE FIND BEAUTIFUL SOUTH FACING LOT WITH 28,520SQFT AND 200 FOOT FRONTAGE. Features over 10,040sqft of CLASSIC TUDOR MANSION and restored to it’s original CHARM, hardwood floor thru-out, total possible 9 bedrooms & den, 4 full bathrooms & 2 of half bathroom. ENTERTAINING SIZED MEDIA ROOM & RECREATION ROOMS. BEAUTIFUL PARK-LIKE GARDEN with secured fenced yard. CLOSE TO WELL KNOWN SCHOOL CATCHMENT, YORK HOUSE, ST GEORGES, UBC, SHOPPING, TRANSIT. MUST SEE!


#7 ) Address:225 NORMANBY CR, British Properties, West Vancouver

February 01, 2012 V928535 $4,888,000 $0 0%
January 01, 2013 V928535 removed after 335 days
February 21, 2013 V991667 $3,650,000 $-1,238,000 -25%

v991667_11

Current Days on Market: 394 (1.08years)
Current ‘Official’ Days on Market: 8
2012 Assessment: $3,307,000
Desperation Score: 6.4

25% and $1.2 million drop in one shot for this home after being listed for a year.  

Custom built, one owner, lavish 8,500 square foot VIEW estate exuding high end finishes throughout. A private driveway leads you to this immaculately maintained 7 bedroom home on a 18,600 square foot lot. Features include a 20 foot vaulted entry, large slab marble floors, radiant heating with HRV, elevator access to all floors, fabulous indoor swimming pool and Jacuzzi, large recreation room, home theatre, level backyard and 3 car garage plus ample parking for guests. This is a one of a kind mansion!


#6 ) Address:1401 DEMPSEY RD, Lynn Valley, North Vancouver

September 20, 2009 V788502 $2,150,000 $0 0%
December 04, 2009 V788502 $1,999,000 $-151,000 -7%
May 30, 2010 V788502 removed after 252 days
February 15, 2012 V931319 $2,080,000 $-70,000 -3%
March 28, 2012 V931319 $1,930,000 $-220,000 -10%
April 23, 2012 V931319 removed after 68 days
May 02, 2012 V946853 $1,749,000 $-401,000 -19%
December 01, 2012 V946853 removed after 213 days
February 20, 2013 V991447 $1,599,000 $-551,000 -26%

v991447_11

Current Days on Market: 380 (1.04years)
Current ‘Official’ Days on Market: 9
2012 Assessment: $1,311,000
2011 Assessment: $1,349,000
Desperation Score: 12.9

“once in a lifetime opportunity”, “The finest property in North Vancouver”…  listing brought to you by the awesomest realtor in the world

This is a once in a lifetime opportunity to own a stunning & fully updated heritage home on your own private park! Set on over an acre of land, this home is a true showpiece, all the modern conveniences with that sought afterheritage look & feel. High end kitchen, luxurious master suite, custom mill work throughout…this home is impressive from top to bottom. The finest property in North Vancouver.They don’t make them like this anymore. Don’t miss your opportunity to call this exclusive residence ‘home.’ Open Sun Feb 24th 2-4.


#5 ) Address:1795 19TH ST, Ambleside, West Vancouver

July 30, 2008 V725582 $1,469,000 $0 0%
October 01, 2008 V725582 $1,389,000 $-80,000 -5%
November 11, 2008 V725582 $1,289,000 $-180,000 -12%
April 30, 2009 V725582 removed after 274 days
September 16, 2011 V910222 $2,985,000 $0 0%
September 28, 2011 V910222 $2,795,000 $-190,000 -6%
October 26, 2011 V910222 removed after 40 days
October 28, 2011 V917526 $2,595,000 $-390,000 -13%
December 06, 2011 V917526 removed after 39 days
February 08, 2012 V930004 $2,488,000 $-497,000 -17%
April 02, 2012 V930004 removed after 54 days
April 04, 2012 V940799 $2,298,000 $-687,000 -23%
May 09, 2012 V940799 removed after 35 days
September 12, 2012 V970497 $2,198,000 $-787,000 -26%
December 01, 2012 V970497 removed after 80 days
February 21, 2013 V991798 $2,198,000 $-787,000 -26%

v991798_11

Current Days on Market: 532 (1.46years)
Current ‘Official’ Days on Market: 8
2012 Assessment: $2,083,000
Desperation Score: 16.7

Sounds good but again no interior pics – it’s been listed for a year and a half… take some pictures!!!

A spectacular newly remodeled hm sit on a .59 acre estate feat 3000 sqft. Bright, open flrpln w/exceptional quality & detail, miles of tiled & H/W flrs, custom millwork, beautiful picture windows, lg entertainment areas, sundrenched patios overlooking level yard & sports court, manicured gardens & babbling brook. Stunning new custom island kit, brkfst bar & top appl, new master suite w/fireplace, large W/I closet & gorgeous new spa-like ensuite, elegant foyer & powder rm & lg living & dining areas for entertaining. Down is full walkout & has 3 guest bedrooms, lg rec rm, plenty of storage, fresh bthrms & 2-car garage. Walking dist to Ambleside Village, beaches & schools. Magnificent remodeled residence!


#4 ) Address:7340 BARKERVILLE CT, Broadmoor, Richmond

August 10, 2011 V904082 $1,480,000 $0 0%
August 24, 2011 V904082 $1,298,000 $-182,000 -12%
November 23, 2011 V904082 removed after 105 days
April 18, 2012 V944022 $1,198,000 $-282,000 -19%
October 02, 2012 V944022 $1,088,000 $-392,000 -26%
November 01, 2012 V944022 removed after 197 days
February 01, 2013 V988249 $1,198,000 $-282,000 -19%
February 26, 2013 V988249 $1,080,000 $-400,000 -27%

v988249_11

Current Days on Market: 569 (1.56years)
Current ‘Official’ Days on Market: 28
2012 Assessment: $1,077,600
2011 Assessment: $1,074,800
Desperation Score: 26.3

Listed for a year and a half and just coming off a relisting where they raised the price by $110K…  

Broadmoor! Prime Richmond location, close to Maple Lane Primary School and London Secondary School and all levels of schools. Easy access to transportation. Well maintained, spacious 3-bedroom rancher with 2 full baths. 1-year old roof changed in 2012. Good holding property. Live & build potential. It’s a must SEE!


#3 ) Address:1225 EASTLAWN DR, Brentwood Park, Burnaby

February 11, 2011 V868675 $898,900 $0 0%
April 18, 2011 V868675 removed after 66 days
January 22, 2012 V927179 $1,368,000 $0 0%
May 01, 2012 V927179 $1,329,000 $-39,000 -3%
June 16, 2012 V927179 $1,299,000 $-69,000 -5%
July 16, 2012 V927179 removed after 176 days
July 25, 2012 V963482 $1,268,000 $-100,000 -7%
October 25, 2012 V963482 $1,160,000 $-208,000 -15%
November 27, 2012 V963482 removed after 125 days
November 29, 2012 V981454 $1,068,000 $-300,000 -22%
February 21, 2013 V981454 $998,000 $-370,000 -27%

v981454_11

Current Days on Market: 404 (1.11years)
Current ‘Official’ Days on Market: 92
2012 Assessment: $967,000
Desperation Score: 27.5

“yhan”, “mortage”.  “very tasteful for a grown-up family” – again with the buyer filtering.  This one has just been pulled from MLS so not sure if it sold or expired – I’m very highly leaning towards the latter.  UPDATE: Natalie let me know that this did in fact sell

This totally renovated functional layout home in the quiet popular North Burnaby. It’s a 3550 sq ft large solid house with more yhan 8000 sq ft lot. very tasteful for a grown-up family with wonderful mortage helper. Move-in condition, brand new granite counter tops, S/S appliances, new paint inside and out. H/W floors, new windows, door and new roof. Beautiful very private backyard with swimming pool. Close to nice schools and transit. A must see! Open House Sat & Sun, 2-4pm.


#2 ) Address:11520 LAPWING CR, Westwind, Richmond

December 25, 2009 V801653 $1,350,000 $0 0%
April 01, 2010 V801653 removed after 97 days
November 12, 2010 V858270 $1,150,000 $-200,000 -15%
January 20, 2011 V858270 removed after 69 days
May 28, 2011 V890796 $1,275,000 $-75,000 -6%
July 26, 2011 V890796 removed after 59 days
January 25, 2012 V927394 $2,050,000 $0 0%
March 03, 2012 V927394 $1,890,000 $-160,000 -8%
October 18, 2012 V927394 $1,595,888 $-454,112 -22%
January 01, 2013 V927394 removed after 342 days
January 27, 2013 V987465 $1,580,000 $-470,000 -23%
February 20, 2013 V987465 $1,480,000 $-570,000 -28%

v987465_11

Current Days on Market: 401 (1.10years)
Current ‘Official’ Days on Market: 33
2012 Assessment: $1,321,000
2011 Assessment: $1,294,000
Desperation Score: 26.3

“BRING ALL OFFERS! This home must and will sell.”  

WESTWIND – “Think” TUSCANY – Italian Villa, Morocco mystic, east Asian influence. Knock out unique and a FABULOUS property. Quick & easy access to viewing. MUST SEE – Interior delights. Your eyes will pop with excitement & appreciation. Change colors or change arches to square … you can LIVE in your DREAM residence. Excellent floor plan for private home based business or even a side suite on main with separate entrance. 5 Ensuited Bedrooms including one on main. Outstanding Entertainment deck with lovely view of the mountains across the green fields. Come visit & be prepared to be WOWED! BRING ALL OFFERS! This home must and will sell.


#1 ) Address:7210 ARBUTUS PL, Whytecliff, West Vancouver

June 15, 2007 V653181 $7,950,000 $0 0%
February 21, 2008 V653181 $7,500,000 $-450,000 -6%
September 01, 2008 V653181 removed after 444 days
September 09, 2008 V731394 $7,500,000 $-450,000 -6%
November 01, 2008 V731394 removed after 53 days
January 30, 2010 V806903 $6,195,000 $-1,755,000 -22%
August 07, 2010 V806903 removed after 189 days
March 09, 2011 V874018 $5,588,000 $-2,362,000 -30%
June 16, 2011 V874018 removed after 99 days
June 24, 2011 V895936 $5,588,000 $-2,362,000 -30%
September 13, 2011 V895936 removed after 81 days
February 15, 2012 V931521 $5,888,000 $-2,062,000 -26%
June 01, 2012 V931521 removed after 107 days
June 13, 2012 V955985 $5,500,000 $-2,450,000 -31%
October 08, 2012 V955985 removed after 117 days
October 11, 2012 V975787 $5,500,000 $-2,450,000 -31%
February 16, 2013 V975787 removed after 128 days
February 20, 2013 V991522 $5,500,000 $-2,450,000 -31%

v991522_11

Current Days on Market: 723 (1.98years)
Current ‘Official’ Days on Market: 9
2012 Assessment: $4,250,000
Desperation Score: 12.3

They have come down $88K in 2 years…  Realistically they could probably drop $1.5 million from the price and still have the realtor double checking to see if their phone is turned on

This absolutely gorgeous waterfront home is situated on an over 24,000 sq.ft. property. Offering 6 bedrooms, 7 bathrooms, 5969 sq.ft. of luxurious living space, and spectacular views from every room. This stunning home has complete privacy with 156 feet of waterfront and a large patio at the water’s edge. Just steps from Whytcliffe Park with a feeling of tranquility and peace like no other part of West Vancouver and only minutes from shopping, schools, recreation and much more. This is truly an incredible opportunity to own a waterfront estate in an incredible neighbourhood.

The Weekly Drop Suburbs – February 25, 2013

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 week AND have dropped the largest percentage overall from their original asking price.

The top 4 are all from Mission

 

#10 ) Address:# 704 1473 JOHNSTON RD, White Rock, White Rock

July 29, 2008 F2822785 $741,900 $0 0%
December 29, 2008 F2822785 removed after 153 days
May 27, 2010 F1014907 $837,900 $0 0%
June 16, 2010 F1014907 removed after 20 days
July 06, 2010 F1018715 $798,000 $-39,900 -5%
October 01, 2010 F1018715 removed after 87 days
April 28, 2011 F1110796 $749,900 $-88,000 -11%
May 20, 2011 F1110796 $698,000 $-139,900 -17%
July 01, 2011 F1110796 $749,900 $-88,000 -11%
July 13, 2011 F1110796 removed after 76 days
September 02, 2011 F1122127 $749,000 $-88,900 -11%
October 22, 2011 F1122127 $699,000 $-138,900 -17%
November 04, 2011 F1122127 removed after 63 days
February 15, 2012 F1203760 $688,000 $-149,900 -18%
March 23, 2012 F1203760 $668,000 $-169,900 -20%
June 30, 2012 F1203760 removed after 136 days
September 07, 2012 F1222258 $628,000 $-209,900 -25%
October 15, 2012 F1222258 removed after 38 days
February 24, 2013 F1304198 $599,000 $-238,900 -29%

f1304198_1

Current Days on Market: 671 (1.84years)
Current ‘Official’ Days on Market: 3
2012 Assessment: $632,000
2011 Assessment: $628,000
Desperation Score: 15.7

4 year old condo has basically been listed for the last 3 years – it shows 1.84 years because the break between October 1, 2010 and April 28, 2011 was slightly longer than 6 months which is what I use as the maximum length of time to discontinue a listing.  What’s new is that for the first time in these 3 years it is now listed below assessment.

White Rocks premium highrise building. Built by Bosa. High end finishing throughout. Stainless upgraded appliances, centre island, hardwood floors, air conditioning, two bedroom plan with two baths, the 04 plan is fantastic. Ocean views from the deck/bedroom and corner of the living room, overlooking the courtyard. Shows like new, corner unit, huge windows on the west & north side. Shows immaculately, the price is EXTREMELY good for this home. 33K under assessed value!!! Here is your opportunity to buy at the Miramar at a discounted price. Pets & rentals are allowed in this tower. Guest suite, storage locker & underground parking. Located in the centre of White Rock Village, walk to the mall, coffee shops, transit and the beach.


#9 ) Address:# 404 1200 PACIFIC ST, North Coquitlam, Coquitlam

May 30, 2008 V712260 $260,000 $0 0%
June 19, 2008 V712260 $247,000 $-13,000 -5%
July 09, 2008 V712260 $239,900 $-20,100 -8%
September 03, 2008 V712260 $234,000 $-26,000 -10%
September 23, 2008 V712260 removed after 116 days
January 18, 2013 V985763 $199,900 $-60,100 -23%
February 21, 2013 V985763 $185,000 $-75,000 -29%

v985763_11

Current Days on Market: 40 (0.11years)
Current ‘Official’ Days on Market: 40
2012 Assessment: $199,400
Desperation Score: 12.4

Spacious 1 bdrm + den in great condition. Top floor end unit was completely renovated in 2008. Laminate thru main living areas. Treed view from private deck. Kitchen has opening to dining room + huge pantry. Super Clean unit in central quiet location. 1 parking stall. Walk to Coquitlam Centre amenities, schools, Rec Centre, transit & West Coast Express. Den can easily be used as second bedroom. Easy to show.


#8 ) Address:# 209 5224 204TH ST, Langley City, Langley

June 29, 2007 F2716871 $169,900 $0 0%
July 30, 2007 F2716871 removed after 31 days
February 28, 2009 F2903942 $169,900 $0 0%
July 23, 2009 F2903942 $160,000 $-9,900 -6%
November 01, 2009 F2903942 removed after 246 days
October 01, 2011 F1124532 $159,000 $-10,900 -6%
December 25, 2011 F1124532 removed after 85 days
January 19, 2013 F1301184 $129,700 $-40,200 -24%
February 22, 2013 F1301184 $119,900 $-50,000 -29%

f1301184_11

Current Days on Market: 39 (0.11years)
Current ‘Official’ Days on Market: 39
2012 Assessment: $139,200
Desperation Score: 13.8

Listed $50K and 30% below 2007 prices and this is after the building restoration although these owners can’t cough up the remaining amount needed to pain and fix the floors.  Can anyone provide input on what “Schedule “A” & “C”” is?

Southwynd Court – Restored building envelope on this 2 bedroom corner unit with easterly view of Mt Baker and Portage Park – Nicomekl Parkland with nature trails . Great loc. within walking distance to all amenities. Needs paint and flooring. Rentals allowed – no dogs. Schedule “A” & “C” to accompany all offers.


#7 ) Address:12958 COULTHARD RD, Panorama Ridge, Surrey

May 05, 2009 F2906473 $1,898,000 $0 0%
October 31, 2009 F2906473 removed after 179 days
February 06, 2010 F1003379 $1,628,000 $-270,000 -14%
April 19, 2010 F1003379 removed after 72 days
April 22, 2010 F1010773 $1,425,000 $-473,000 -25%
June 26, 2010 F1010773 $1,375,000 $-523,000 -28%
July 29, 2010 F1010773 removed after 98 days
October 19, 2010 F1025971 $1,275,000 $-623,000 -33%
January 21, 2011 F1025971 $1,450,000 $-448,000 -24%
February 27, 2011 F1025971 removed after 131 days
April 07, 2011 F1109040 $1,888,000 $-10,000 -1%
July 23, 2011 F1109040 $1,698,000 $-200,000 -11%
September 21, 2011 F1109040 $1,578,000 $-320,000 -17%
October 14, 2011 F1109040 removed after 190 days
November 11, 2011 F1127590 $2,180,000 $0 0%
March 02, 2012 F1127590 $1,998,000 $-182,000 -8%
May 05, 2012 F1127590 removed after 176 days
May 09, 2012 F1212060 $1,880,000 $-300,000 -14%
August 01, 2012 F1212060 removed after 84 days
August 04, 2012 F1220026 $1,780,000 $-400,000 -18%
September 08, 2012 F1220026 $1,688,000 $-492,000 -23%
December 09, 2012 F1220026 removed after 127 days
January 19, 2013 F1301213 $1,588,000 $-592,000 -27%
February 19, 2013 F1301213 $1,498,000 $-682,000 -31%

f1301213_11

Current Days on Market: 1394 (3.82years)
Current ‘Official’ Days on Market: 39
2012 Assessment: $1,377,000
2011 Assessment: $1,237,000
Desperation Score: 31.2

Listed for almost 4 years and I also remember seeing this one on the craigslist rentals for a long time.  Apparently it has rented now at $6500/month which is actually pretty surprising since that puts it at a 230 x monthly rent multiplier which isn’t that terrible compared to most of the offerings out there in this price range.  Still listed above assessment.  Owner is offering “Vendor take back mgt possible short term.”

Spectacularly built private Georgian brick mansion located in exclusive Panorama Ridge with water & mountain views. Everything is high end in this home. Exotic Rosewood & Brazilian Cherry wide plank flooring compliment high ceilings with beautiful crown molding. Elegant double staircases create easy access from the main floor in this stunning open concept home. Large gourmet kitchen, perfect for entertaining + wok kitchen with quality appliances. Your guests enjoy their own private access. Driveway has been prewired for entrance gates. Make this luxurious house your home with a true half acre for your family to enjoy. Rented at $6500 per month, negotiable to stay on after sale. Vendor take back mgt possible short term.


#6 ) Address:# 205 B 2020 LONDON LN, Whistler, Whistler/Pemberton

March 09, 2012 V919666 $84,900 $0 0%
May 04, 2012 V919666 $69,900 $-15,000 -18%
September 13, 2012 V919666 $59,900 $-25,000 -29%
February 20, 2013 V919666 $57,900 $-27,000 -32%

v919666_11

Current Days on Market: 355 (0.97years)
Current ‘Official’ Days on Market: 355
2012 Assessment: $62,825
2011 Assessment: $75,000
Desperation Score: 22.1

The assessment recently took a 16% plunge

Talk about a contemporary design in a fantastic location! Evolution checks all the boxes when you’re seeking a modern suite which offers great owner usage. You have access to all the amenities you could want, from a movie theatre and games room to hot tubs and pool with a view. Whether you’re spending quality time with the family or entertaining friends, everyone’s sure to have a great time.


#5 ) Address:1403 CRYSTAL CREEK DR, Anmore, Port Moody

November 21, 2007 V678447 $1,999,000 $0 0%
September 10, 2008 V678447 $1,899,000 $-100,000 -5%
March 05, 2009 V678447 $1,699,000 $-300,000 -15%
October 14, 2009 V678447 removed after 693 days
October 17, 2009 V793488 $1,688,000 $-311,000 -16%
December 15, 2009 V793488 $1,798,000 $-201,000 -10%
May 01, 2010 V793488 removed after 196 days
May 07, 2010 V828315 $1,850,000 $-149,000 -7%
July 03, 2010 V828315 removed after 57 days
July 10, 2010 V841142 $1,925,000 $-74,000 -4%
September 15, 2010 V841142 removed after 67 days
December 01, 2010 V859904 $1,825,000 $-174,000 -9%
March 01, 2011 V859904 $1,725,000 $-274,000 -14%
June 20, 2011 V859904 removed after 201 days
August 12, 2011 V904611 $1,688,000 $-311,000 -16%
October 24, 2011 V904611 removed after 73 days
August 18, 2012 V967006 $1,675,000 $-324,000 -16%
September 18, 2012 V967006 $1,607,900 $-391,100 -20%
October 17, 2012 V967006 $1,540,900 $-458,100 -23%
January 04, 2013 V967006 $1,399,900 $-599,100 -30%
February 16, 2013 V967006 removed after 182 days
February 21, 2013 V991737 $1,343,900 $-655,100 -33%

v991737_11

Current Days on Market: 193 (0.53years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $1,709,000
Desperation Score: 24.7

“Court order sale, new home”.  We’re going to be seeing lots of these in Anmore since almost nothing has been selling in the $1 million and up range for the last 18 months+.  Now listed over 20% below assessment

Court order sale, new home, 3 level home, located in area of estate homes. Bright and spacious high quality throughout. Hardwood floors, spacious kitchen with centre island, granite counters, high quality tiles, 2 story living room with designer fireplace, high efficiency furnace, 4 bedrooms, huge master bedroom with luxury ensuite and dressing room. Separate level media room partially finished basement, 3 car garage, 2 huge sundecks one with fireplace. Great street appeal call today for a private viewing. Square footage and room sizes are approximate. Buyers to verify if important.


#4 ) Address:# 219 7436 STAVE LAKE ST, Mission BC, Mission

March 19, 2008 F2807245 $132,900 $0 0%
April 20, 2008 F2807245 $129,800 $-3,100 -2%
May 06, 2008 F2807245 $124,900 $-8,000 -6%
May 29, 2008 F2807245 removed after 71 days
February 20, 2013 F1303915 $84,900 $-48,000 -36%

No Picture

Current Days on Market: 7 (0.02years)
Current ‘Official’ Days on Market: 7
2012 Assessment: $88,500
Desperation Score: 4.5

Spacious 1 bedroom, south facing apartment with a nice open outlook and a balcony across the front. Very affordable accommodation close to the West Coast Express and shopping in downtown Mission. Some updates have been done. Have a look. Pets are allowed with restrictions and for you investors, rentals are also allowed. See more pictures on website.


#3 ) Address:# 308 33669 2ND AV, Mission BC, Mission

May 05, 2007 F2711082 $199,900 $0 0%
June 05, 2007 F2711082 removed after 31 days
June 04, 2008 F2816731 $232,500 $0 0%
July 08, 2008 F2816731 $227,900 $-4,600 -2%
July 24, 2008 F2816731 $222,000 $-10,500 -5%
September 15, 2008 F2816731 $219,900 $-12,600 -5%
November 29, 2008 F2816731 removed after 178 days
July 08, 2009 F2914945 $217,500 $-15,000 -6%
September 22, 2009 F2914945 $214,500 $-18,000 -8%
November 18, 2009 F2914945 $209,500 $-23,000 -10%
January 14, 2010 F2914945 $207,500 $-25,000 -11%
May 30, 2010 F2914945 removed after 326 days
April 15, 2011 F1109821 $199,000 $-33,500 -14%
September 13, 2011 F1109821 $194,499 $-38,001 -16%
September 28, 2011 F1109821 removed after 166 days
October 01, 2012 F1224330 $189,900 $-42,600 -18%
November 01, 2012 F1224330 $179,900 $-52,600 -23%
December 06, 2012 F1224330 $159,900 $-72,600 -31%
February 08, 2013 F1224330 removed after 130 days
February 24, 2013 F1304218 $144,900 $-87,600 -38%

f1304218_11

Current Days on Market: 149 (0.41years)
Current ‘Official’ Days on Market: 3
2012 Assessment: $186,700
Desperation Score: 21.7

Now listed over 20% below assessment

Top floor at Heritage Park Lane! Bright two bedroom and two bathroom with almost 1100 sqft. Corner condo with two balconies and nice vaulted ceiling in living room offering lots of natural light. Insuite laundry with storage plus spaciousentry. Bring your kids and pets (2 dogs or 2 cats – max 18″ height). Five rentals allowed (currently full). Call for more info. * PREC – Personal Real Estate Corporation


#2 ) Address:32645 RICHARDS AV, Mission BC, Mission

July 22, 2010 F1019955 $824,900 $0 0%
August 25, 2010 F1019955 $749,000 $-75,900 -9%
September 21, 2010 F1019955 $699,000 $-125,900 -15%
November 06, 2010 F1019955 $649,900 $-175,000 -21%
January 25, 2011 F1019955 $599,900 $-225,000 -27%
May 03, 2011 F1019955 $629,900 $-195,000 -24%
June 22, 2011 F1019955 removed after 335 days
April 09, 2012 F1208602 $629,000 $-195,900 -24%
June 28, 2012 F1208602 $585,000 $-239,900 -29%
August 31, 2012 F1208602 removed after 144 days
September 15, 2012 F1222988 $549,900 $-275,000 -33%
January 18, 2013 F1222988 removed after 125 days
January 20, 2013 F1301374 $499,000 $-325,900 -40%
February 22, 2013 F1301374 $489,000 $-335,900 -41%

f1301374_11

Current Days on Market: 324 (0.89years)
Current ‘Official’ Days on Market: 38
2012 Assessment: $581,000
Desperation Score: 18.9

Marginally “BETTER THAN HOT CHOCOLATE WITH WHIPPED CREAM” and only five hundred thousand times as expensive!

BETTER THAN HOT CHOCOLATE WITH WHIPPED CREAM is this 7.84 potentially-subdividable south-facing acres in a popular area! An open & bright property, the split-entry home is set well back from the road. There’s a carport, storage shed, and across the creek over a land bridge and past the pond is a large pole barn with half mezz. The barn is suitable for critters, or to finish into a workshop. The fair condition home has been partially renovated on the main, with fresh paint, new laminate flooring and other touches. Three bedrooms up, bright kitchen and dining area, access to the sundeck. The living room has a floor to ceiling brick-backed wood burning fireplace. The recroom down has the same, except with a wood burning insert for wood stove effect. Just needs flooring and a few other touches down. Roughed in bath, bedroom, den, laundry, recroom and more. If you have your own Realtor please view with them, but otherwise give us a call. * PREC – Personal Real Estate Corporation


#1 ) Address:# LT.3 SWARD RD, Mission BC, Mission

July 17, 2009 F2908175 $299,000 $0 0%
October 31, 2009 F2908175 $269,000 $-30,000 -10%
September 01, 2010 F2908175 removed after 411 days
March 10, 2012 F1206134 $299,900 $0 0%
April 28, 2012 F1206134 $250,000 $-49,900 -17%
June 04, 2012 F1206134 removed after 86 days
June 06, 2012 F1214691 $249,000 $-50,900 -17%
June 21, 2012 F1214691 $234,000 $-65,900 -22%
July 07, 2012 F1214691 $226,500 $-73,400 -24%
July 26, 2012 F1214691 $214,900 $-85,000 -28%
August 11, 2012 F1214691 $201,900 $-98,000 -33%
August 28, 2012 F1214691 $189,900 $-110,000 -37%
September 22, 2012 F1214691 $185,900 $-114,000 -38%
October 16, 2012 F1214691 $179,900 $-120,000 -40%
November 03, 2012 F1214691 $169,900 $-130,000 -43%
November 15, 2012 F1214691 $154,900 $-145,000 -48%
December 04, 2012 F1214691 $146,000 $-153,900 -51%
January 01, 2013 F1214691 $137,000 $-162,900 -54%
January 09, 2013 F1214691 $132,000 $-167,900 -56%
January 23, 2013 F1214691 $121,000 $-178,900 -60%
February 07, 2013 F1214691 $111,000 $-188,900 -63%
February 21, 2013 F1214691 $108,000 $-191,900 -64%

f1214691_11

Current Days on Market: 354 (0.97years)
Current ‘Official’ Days on Market: 266
2012 Assessment: No Assessment
Desperation Score: 90.3

“wet at the bottom, then rises steeply up” now has 5 price drops so far this year and 17 in under a year

8.17 ACRES at the north end of Hatzic Lake. Access off the end of a dead-end street. Neighborhood has a park and boat launch. Not subdividable. No driveway, property begins at the end of the street. It is wet at the bottom, then rises steeply up the mountain. * PREC – Personal Real Estate Corporation

The Weekly Drop Metro Vancouver Attached – February 20, 2013

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.

8 listings from Vancouver West, 1 from Richmond and 1 from Burnaby

Will try to post snark and past sale info later


#10 ) Address:# 24 1811 PURCELL WY, Lynnmour, North Vancouver

May 24, 2008 V710852 $295,000 $0 0%
June 10, 2008 V710852 $282,000 $-13,000 -4%
September 21, 2008 V710852 removed after 120 days
October 02, 2008 V736894 $269,900 $-25,100 -9%
December 01, 2008 V736894 removed after 60 days
April 09, 2012 V941735 $279,900 $-15,100 -5%
May 17, 2012 V941735 $265,000 $-30,000 -10%
August 01, 2012 V941735 removed after 114 days
September 06, 2012 V969385 $235,900 $-59,100 -20%
October 10, 2012 V969385 $224,900 $-70,100 -24%
November 29, 2012 V969385 removed after 84 days
December 02, 2012 V981774 $224,900 $-70,100 -24%
February 15, 2013 V981774 $219,900 $-75,100 -25%

v981774_11

Current Days on Market: 319 (0.87years)
Current ‘Official’ Days on Market: 82
2012 Assessment: $250,000
Desperation Score: 21.9

PRICED WELL BELOW ASSESSED VALUE. Fabulous 1 bedroom townhouse style condo. This spacious, south facing corner unit is just steps away from Capilano University. Great location, perfect for outdoor activities. Minutes away from hiking & walking trails, Rice Lake, Seymour Demonstration forest, equestrian centre & much more. Many features included in this well laid out floor plan such as new laminate flooring, updated kitchen, 2 balcony’s & bonus outdoor swimming pool. Great value. Call for your private viewing today!


#9 ) Address:# 111 7500 MINORU BV, Brighouse South, Richmond

May 21, 2011 V889505 $256,000 $0 0%
June 28, 2011 V889505 $249,000 $-7,000 -3%
November 21, 2011 V889505 removed after 184 days
February 15, 2012 V931376 $245,800 $-10,200 -4%
February 23, 2012 V931376 $239,000 $-17,000 -7%
March 29, 2012 V931376 $234,800 $-21,200 -8%
June 04, 2012 V931376 removed after 110 days
June 07, 2012 V954844 $232,000 $-24,000 -9%
June 13, 2012 V954844 $225,888 $-30,112 -12%
October 02, 2012 V954844 $223,000 $-33,000 -13%
January 01, 2013 V954844 removed after 208 days
January 10, 2013 V984160 $222,800 $-33,200 -13%
February 19, 2013 V984160 $189,000 $-67,000 -26%

v984160_11

Current Days on Market: 643 (1.76years)
Current ‘Official’ Days on Market: 43
2012 Assessment: $202,200
2011 Assessment: $246,900
Desperation Score: 31.1

Pride of Ownership in the renovated I bedroom unit at Carmel Pointe. Newer laminate flooring, new kitchen cabinets countertops, tile flooring in kitchen, bath and shower and new slate hearth and facade on fireplace. painted in designercolours and very appealing. Located securely ABOVE ground level, this north facing suite has an outdoor balcony facing tree lined quiet street. Totally renovated with fresh designer ambiances. Cozy wood burning fireplace, large laundry room and insuite and out of suite storage are added bonuses. Quiet adult oriented building 19+ owner occupied community. Cat allowed but no dog. SHOWS BEAUTIFULLY.


#8 ) Address:# 3403 938 NELSON ST, Downtown, Vancouver West

February 01, 2008 V686406 $1,498,000 $0 0%
February 26, 2008 V686406 $1,599,800 $0 0%
April 12, 2008 V686406 removed after 71 days
June 25, 2009 V773672 $1,225,000 $-374,800 -23%
August 07, 2009 V773672 $1,188,000 $-411,800 -26%
December 15, 2009 V773672 removed after 173 days
November 21, 2010 V852481 $1,199,000 $-400,800 -25%
February 12, 2011 V852481 $1,169,000 $-430,800 -27%
April 07, 2011 V852481 removed after 137 days
March 19, 2012 V937928 $1,248,000 $-351,800 -22%
July 17, 2012 V937928 $1,198,000 $-401,800 -25%
December 16, 2012 V937928 removed after 272 days
February 15, 2013 V990321 $1,168,000 $-431,800 -27%

v990321_11

Current Days on Market: 340 (0.93years)
Current ‘Official’ Days on Market: 7
2012 Assessment: $1,101,000
2011 Assessment: $1,097,000
Desperation Score: 10.4

LUXURY LIVING at its best!. Executive penthouse style. Open, airey space with 90′ of floor to ceiling windows, 9′ ceilings, granite countertops, jetted tub & stainless steel appliances. RICH BRAZILLIAN CHERRY HARDWOOD FLOORING draws out the rich cherry laquer finished cabinetry along with artist treated walls. 24 hr concierge, 2 complimentary health club memberships, car & driver along with room service available. THIS IS SPECIAL!!! Call now! A pleasure to show!!


#7 ) Address:# 3302 1028 BARCLAY ST, West End, Vancouver West

June 03, 2011 V891810 $1,369,000 $0 0%
July 13, 2011 V891810 removed after 40 days
June 07, 2012 V955027 $1,099,000 $-270,000 -20%
July 20, 2012 V955027 removed after 43 days
July 22, 2012 V963329 $1,049,000 $-320,000 -23%
September 12, 2012 V963329 removed after 52 days
September 14, 2012 V971346 $999,800 $-369,200 -27%
December 20, 2012 V971346 removed after 97 days
February 15, 2013 V990584 $979,000 $-390,000 -28%

v990584_11

Current Days on Market: 260 (0.71years)
Current ‘Official’ Days on Market: 7
2012 Assessment: $1,032,000
2011 Assessment: $1,027,000
Desperation Score: 13.0

Premium-view unit with the most sought-after (1st to sell out) 2bdrm floor plan at Patina by Concert. Views improve dramatically at approx. the 32nd floor, and as a corner unit with huge wrap-around balcony and glass everywhere, sunrises east over Mt. Baker, views south over False Creek, and sunsets west over Georgia Strait are spectacular. Throw in separated bedrooms, defined living and dining areas, a very hi-end island kitchen, A/C, and a spa-like master bath, and this beautiful home is awesome to spend any kind of time in. Ultra-central location close to everything downtown, great building and strata, stellar gym and boardrooms, 24hr concierge. Open House Sun., Feb. 17, 2-4pm. Visit realtor’s website for floorplan and video


#6 ) Address:2778 VINE ST, Kitsilano, Vancouver West

June 03, 2007 V651187 $889,000 $0 0%
July 24, 2007 V651187 removed after 51 days
March 24, 2010 V816784 $1,098,000 $0 0%
April 10, 2010 V816784 $998,000 $-100,000 -9%
May 03, 2010 V816784 removed after 40 days
May 06, 2010 V827880 $925,000 $-173,000 -16%
May 20, 2010 V827880 $899,000 $-199,000 -18%
August 01, 2010 V827880 removed after 87 days
February 15, 2013 V990280 $769,000 $-329,000 -30%

v990280_11

Current Days on Market: 7 (0.02years)
Current ‘Official’ Days on Market: 7
2012 Assessment: $900,000
2011 Assessment: $829,000
Desperation Score: 4.5

Bright, spacious and beautiful townhome in the Mozaiek built by Concert Properties. This concrete building is well maintained and managed, the townhome itself is beautifully appointed, with room for your comfort and your stuff! Enter fromyour private entrance off of Vine St., this main floor boasts 10′ ceilings, engineered hardwood floors and French doors off the living room to your own west facing patio. In the kitchen you will find ample cupboards, granite counters, S/S appliances with a gas cooktop and stove and a breakfast bar for your morning coffee. Two parking spots, a storage locker, a common bike room and a workshop. This is a wonderful home, in a great building and a fabulous location.


#5 ) Address:# 3701 689 ABBOTT ST, Downtown, Vancouver West

February 11, 2011 V868689 $2,830,000 $0 0%
June 17, 2011 V868689 $2,280,000 $-550,000 -19%
August 01, 2011 V868689 removed after 171 days
October 28, 2012 V978481 $1,980,000 $-850,000 -30%
February 19, 2013 V978481 $1,938,000 $-892,000 -32%

v978481_11

Current Days on Market: 117 (0.32years)
Current ‘Official’ Days on Market: 117
2012 Assessment: $1,411,000
2011 Assessment: $1,590,000
Desperation Score: 7.8

ESPANA PENTHOUSE, Amazing 3 bedroom, 3 bathroom and Den home with 1869 sq ft of living space on 2 levels. Main level features marble flooring throughout, stainless steel appliances and granite kitchen counter tops. Top level master bedroom with lots of privacy and amazing unobstructed views. Huge balconies on both levels with views of the North Shore Mountains, water and city. An entertainers dream. World class amenities featuring a 80ft indoor hot tub, sauna, fully equipped gym, lounge, garden and concierge. Bonus 2 parking stalls an 1 storage locker included.


#4 ) Address:8785 OAK ST, Marpole, Vancouver West

October 02, 2008 V737009 $584,060 $0 0%
November 05, 2008 V737009 $473,860 $-110,200 -19%
March 05, 2009 V737009 $449,800 $-134,260 -23%
July 01, 2009 V737009 removed after 272 days
August 01, 2009 V779827 $448,000 $-136,060 -23%
October 01, 2009 V779827 removed after 61 days
November 06, 2009 V796456 $498,000 $-86,060 -15%
December 11, 2009 V796456 removed after 35 days
October 11, 2012 V975846 $440,900 $-143,160 -25%
November 09, 2012 V975846 $429,900 $-154,160 -26%
December 01, 2012 V975846 $424,900 $-159,160 -27%
December 21, 2012 V975846 $419,900 $-164,160 -28%
January 23, 2013 V975846 $412,900 $-171,160 -29%
February 15, 2013 V975846 $399,900 $-184,160 -32%

v975846_11

Current Days on Market: 134 (0.37years)
Current ‘Official’ Days on Market: 134
2012 Assessment: $479,000
2011 Assessment: $479,000
Desperation Score: 23.7

Superb location. No need for a car in this location. Generous sized bedrooms. Bright corner unit. Easy to view.


#3 ) Address:# 2707 1011 W CORDOVA ST, Coal Harbour, Vancouver West

February 10, 2010 V808693 $3,590,000 $0 0%
May 04, 2010 V808693 removed after 83 days
February 16, 2013 V991019 $2,388,000 $-1,202,000 -33%

v991019_11

Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $2,364,000
2011 Assessment: $2,381,000
Desperation Score: 4.5

Fairmont Pacific Rim Estates – Experience World Class luxury at Vancouver’s most sought after ultra modern true waterfront address. This 2 bdrm & 2.5 bath & den estate showcases stunning views of WATER, CITY & MTNS from each room & HUGE balcony. Opulent features include beautiful oversized leather bound entry doors, overheight ceilings, stacked wood flooring, Boffi Italian cabinets, chefs kitchen w/Miele & Sub-zero appliances, A/C, Lutron power shades & much more! Unbeatable location! Steps to everything Vancouver has to offer & also located on top of the 5 star Fairmont Hotel w/all the amenities at your fingertips: BMW limo service, valet parking, spa, fitness ctr, rooftop terrace w/heated pool & hot tub. 2 parking included.


#2 ) Address:# 701 1762 DAVIE ST, West End, Vancouver West

June 13, 2010 V835647 $2,399,000 $0 0%
September 27, 2010 V835647 removed after 106 days
October 01, 2010 V852902 $2,299,000 $-100,000 -4%
December 31, 2010 V852902 removed after 91 days
January 07, 2011 V862201 $2,299,000 $-100,000 -4%
March 19, 2011 V862201 $1,895,000 $-504,000 -21%
July 01, 2011 V862201 removed after 175 days
May 05, 2012 V948048 $1,735,000 $-664,000 -28%
November 27, 2012 V948048 removed after 206 days
December 02, 2012 V981772 $1,535,000 $-864,000 -36%
February 16, 2013 V981772 $1,515,000 $-884,000 -37%

v981772_11

Current Days on Market: 293 (0.80years)
Current ‘Official’ Days on Market: 82
2012 Assessment: $1,915,000
2011 Assessment: $1,934,000
Desperation Score: 10.4

Blowout Sale! $400,000 BELOW ASSESSED VALUE! Own this impressive PENTHOUSE in West Ends most intimate & modernist building, the O2. Contemporary design by Merrick Architecture & interior designer Alda Pereira bring light & magnificent ocean views into your living space. Top of the line European finishings throughout, from the engineered teak HWflrs to the radiant in-ceiling heating & cooling system. Italian Dada kitchen w/industrial 6 pc appliance package. Your very spacious master bedroom features a large walk-in closet & a beautiful 5pc spa-like ensuite bathrm featuring marble counters, Basalt stone flrs & frameless showers – all awaiting you in this exceptionally valued residence. Balance of 2-10-10 warranty. 2 parking stalls.


#1 ) Address:# 2801 1455 HOWE ST, Yaletown, Vancouver West

December 23, 2006 V624261 $2,550,000 $0 0%
April 01, 2007 V624261 removed after 99 days
July 04, 2008 V720021 $3,580,000 $0 0%
August 13, 2008 V720021 $3,380,000 $-200,000 -6%
September 05, 2008 V720021 $3,230,000 $-350,000 -10%
October 21, 2008 V720021 $3,080,000 $-500,000 -14%
November 19, 2008 V720021 removed after 138 days
November 22, 2008 V744531 $2,750,000 $-830,000 -23%
January 07, 2009 V744531 $2,380,000 $-1,200,000 -34%
February 07, 2009 V744531 removed after 77 days
February 18, 2009 V753187 $2,280,000 $-1,300,000 -36%
March 25, 2009 V753187 $2,150,000 $-1,430,000 -40%
May 08, 2009 V753187 removed after 79 days
July 12, 2009 V776474 $2,380,000 $-1,200,000 -34%
October 16, 2009 V776474 $2,680,000 $-900,000 -25%
November 21, 2009 V776474 removed after 132 days
November 27, 2009 V799226 $2,550,000 $-1,030,000 -29%
January 27, 2010 V799226 $2,480,000 $-1,100,000 -31%
March 03, 2010 V799226 $2,388,000 $-1,192,000 -33%
March 26, 2010 V799226 removed after 119 days
April 01, 2010 V818938 $2,288,000 $-1,292,000 -36%
May 12, 2010 V818938 removed after 41 days
July 11, 2010 V841466 $1,998,000 $-1,582,000 -44%
February 17, 2011 V841466 removed after 221 days
July 21, 2012 V963211 $1,988,000 $-1,592,000 -44%
October 14, 2012 V963211 $1,888,800 $-1,691,200 -47%
October 15, 2012 V963211 removed after 86 days
October 17, 2012 V976933 $1,888,800 $-1,691,200 -47%
November 29, 2012 V976933 removed after 43 days
February 15, 2013 V990694 $1,889,800 $-1,690,200 -47%

v990694_11

Current Days on Market: 216 (0.59years)
Current ‘Official’ Days on Market: 7
2012 Assessment: $1,951,000
2011 Assessment: $1,964,000
Desperation Score: 15.4

SUB PENTHOUSE suite at Pomaria building built by Quest Landmark. Truly an exceptional piece of real estate with stunning North, East and South views. With over 2100 sqft of living space, this is the perfect open concept floor plan designed to capture the views. There are floor-to ceiling windows throughout, custom roller blinds, and single room temperature/volume control throughout the suite. The kitchen is impressive, and features Sub Zero and Miele appliances including a gas range and wired espresso machine. 2 balconies, 1 North and 1 south, perfect for entertaining. The master is a retreat with a phenomenal closet and spa like ensuite.

The Weekly Drop Metro Vancouver Detached – February 19, 2013

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.

5 properties are from West Vancouver, 3 from Richmond, 1 from Vancouver East and 1 from North Vancouver

Will add some comments once I get the metro vancouver attached listing out tonight


#10 ) Address:6320 GRANVILLE AV, Granville, Richmond

July 22, 2011 V901285 $1,398,000 $0 0%
October 01, 2011 V901285 removed after 71 days
November 06, 2011 V918908 $1,390,000 $-8,000 -1%
March 03, 2012 V918908 removed after 118 days
May 26, 2012 V952610 $1,102,800 $-295,200 -21%
June 15, 2012 V952610 removed after 20 days
July 28, 2012 V964202 $1,102,800 $-295,200 -21%
October 24, 2012 V964202 removed after 88 days
February 15, 2013 V990294 $1,066,000 $-332,000 -24%

v990294_11

Current Days on Market: 580 (1.59years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $915,900
2011 Assessment: $943,900
Desperation Score: 12.5

Investor and Builder Alert!!! Central Richmond Granville Area. walking distance to Minoru Park, Library, Richmond Centre shopping & Skytrain. Enjoy this well maintained 2 level, spacious, move in conditions family home now, build 2 houses on this 8,332 SF big lot in future, South exposed backyard with fence, 2 bedrooms up & 3 bedrooms down. Second kitchen plumbed-in, ready for suites and generating extra income from downstairs.


#9 ) Address:2682 FINCH HL, Canterbury, West Vancouver

July 02, 2010 V839994 $8,780,000 $0 0%
July 19, 2010 V839994 removed after 17 days
January 22, 2011 V864754 $8,780,000 $0 0%
April 01, 2011 V864754 $8,280,000 $-500,000 -6%
August 02, 2011 V864754 removed after 192 days
September 02, 2011 V907714 $7,980,000 $-800,000 -9%
November 24, 2011 V907714 $7,680,000 $-1,100,000 -13%
January 16, 2012 V907714 removed after 136 days
January 20, 2012 V926503 $7,680,000 $-1,100,000 -13%
February 25, 2012 V926503 $7,380,000 $-1,400,000 -16%
March 02, 2012 V926503 $7,680,000 $-1,100,000 -13%
April 04, 2012 V926503 $7,280,000 $-1,500,000 -17%
May 08, 2012 V926503 $6,980,000 $-1,800,000 -21%
May 29, 2012 V926503 removed after 130 days
September 06, 2012 V969136 $6,980,000 $-1,800,000 -21%
October 27, 2012 V969136 $6,780,000 $-2,000,000 -23%
December 28, 2012 V969136 removed after 113 days
January 05, 2013 V983470 $6,980,000 $-1,800,000 -21%
February 13, 2013 V983470 $6,680,000 $-2,100,000 -24%

v983470_11

Current Days on Market: 761 (2.08years)
Current ‘Official’ Days on Market: 47
2012 Assessment: $4,683,000
Desperation Score: 34.0

Enjoy 180 degree Water, Stanley Park, Lion’s Gate Bridge & City Views from all levels of the house. Unique designer’s home on a 16,791sf lot in prestigious Canterbury neighborhood. Total of 7,300sf living area offers high ceilings, large windows & skylight, computerized light control, hand painted walls, double roof with metal, wall to wall insulation, air conditioner & HRV, top quality heating system(Viessmann). Featuring custom chef’s kitchen & wok kitchen with top quality appliances, open gym, Jacuzzi spa, rec room, media centre, steam sauna, all season BBQ lounge, salt water heated pool, special designed fish pond & lounge area, waterfalls, heated garage with wall to ceiling cabinets & working spaces. A unique home!


#8 ) Address:9440 ALBERTA RD, McLennan North, Richmond

July 30, 2008 V725470 $725,000 $0 0%
September 12, 2008 V725470 removed after 44 days
February 12, 2012 V931052 $1,598,000 $0 0%
December 12, 2012 V931052 removed after 304 days
February 13, 2013 V990118 $1,199,000 $-399,000 -25%

v990118_11

Current Days on Market: 375 (1.03years)
Current ‘Official’ Days on Market: 8
2012 Assessment: $991,000
2011 Assessment: $1,026,000
Desperation Score: 6.5

Spacious well maintained family home in the desirable Mclennan Area. 4 bdrm plus den, newer roof and new laminated floor on main. 7200 sq ft lot with great neighborhood. Large kitchen with open view to the family room. Great value.


#7 ) Address:5540 GIBBONS DR, Riverdale, Richmond

February 19, 2011 V870390 $2,590,000 $0 0%
March 22, 2011 V870390 $2,388,000 $-202,000 -8%
June 28, 2011 V870390 removed after 129 days
July 07, 2011 V898362 $2,099,000 $-491,000 -19%
July 25, 2011 V898362 removed after 18 days
August 13, 2011 V904828 $2,098,000 $-492,000 -19%
November 01, 2011 V904828 removed after 80 days
November 23, 2011 V920525 $2,098,000 $-492,000 -19%
February 15, 2012 V920525 $1,998,000 $-592,000 -23%
November 18, 2012 V920525 removed after 361 days
February 13, 2013 V990116 $1,880,000 $-710,000 -27%

v990116_11

Current Days on Market: 733 (2.01years)
Current ‘Official’ Days on Market: 8
2012 Assessment: $1,720,000
2011 Assessment: $1,867,000
Desperation Score: 11.1

A rare find water view property. 3 levels, balconies in living, dining room. Nook & master ensuite to enjoy the magnificent water & mountain view. Practical & spacious layout with 7 bedrooms, 5.5 baths, den, 2 kitchen with deluxe maple cabinet & top of the S/S appliances. Granite counters, H/W floor, crystal chandeliers, Air-con, HRV system. Huge master ensuite on top with steam shower. Lots of built-in cabinets. 1 bedroom suite plus a 2 bdrm suite (Full Kitchen) down with separate entry. Privacy backyard with storage shed. Steps to the dyke, minutes walk to Terra Nova shopping mall. Burnett High School District.


#6 ) Address:2145 HARRISON DR, Fraserview, Vancouver East

April 22, 2007 V642727 $658,000 $0 0%
May 02, 2007 V642727 $618,000 $-40,000 -6%
May 23, 2007 V642727 removed after 31 days
January 05, 2008 V682087 $709,000 $0 0%
February 13, 2008 V682087 removed after 39 days
April 11, 2008 V700510 $779,000 $0 0%
April 30, 2008 V700510 $748,000 $-31,000 -4%
July 01, 2008 V700510 removed after 81 days
August 23, 2009 V783441 $759,000 $-20,000 -3%
November 28, 2009 V783441 $749,000 $-30,000 -4%
December 24, 2009 V783441 removed after 123 days
February 10, 2011 V868248 $2,398,000 $0 0%
August 12, 2011 V868248 removed after 183 days
February 13, 2013 V989991 $1,688,000 $-710,000 -30%

v989991_11

Current Days on Market: 8 (0.02years)
Current ‘Official’ Days on Market: 8
2012 Assessment: $1,649,000
2011 Assessment: $1,609,000
Desperation Score: 4.5

Panoramic Views of Fraser River and Richmond City Center!! This quality built home features almost 70% livable area, 3 level with total 8 bedrooms and 7 1/2 bathrooms, top floor has 2 master bedrooms and 2 other bedrooms, 10ft hight ceiling living room and granite entry, Mahogany cabinets in the kitchen, Wok kitchen, 2 fireplaces, air conditioning, HRV, security system with 6 zone TV Cameras, 3 car garage, 2 potential mortgage helpers with separate entrance. A must drive by!!


#5 ) Address:5530 PARTHENON PL, Eagle Harbour, West Vancouver

October 06, 2006 V594464 $5,750,000 $0 0%
December 01, 2006 V594464 removed after 56 days
January 17, 2008 V670426 $5,600,000 $-150,000 -3%
May 27, 2008 V670426 removed after 131 days
June 08, 2008 V714702 $4,988,000 $-762,000 -13%
November 19, 2008 V714702 removed after 164 days
September 20, 2009 V788560 $4,699,000 $-1,051,000 -18%
May 26, 2010 V788560 removed after 248 days
May 28, 2010 V833059 $4,695,000 $-1,055,000 -18%
November 22, 2010 V833059 removed after 178 days
May 18, 2011 V888719 $4,798,000 $-952,000 -17%
November 03, 2011 V888719 removed after 169 days
November 06, 2011 V918723 $4,498,000 $-1,252,000 -22%
August 02, 2012 V918723 removed after 270 days
August 30, 2012 V968547 $4,498,000 $-1,252,000 -22%
January 01, 2013 V968547 removed after 124 days
February 15, 2013 V990652 $3,998,000 $-1,752,000 -30%

v990652_11

Current Days on Market: 1250 (3.42years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $2,873,000
Desperation Score: 9.1

A truly magnificent setting for this wonderful seaside family home with a floor plan that takes full advantage of the breathtaking views. Situated on this prestigious street with access to the private oceanfront Parthenon Park, enjoy the gorgeous decks and terraces and all that waterfront living has to offer. Features include vaulted ceilings, a gourmet kitchen and a gorgeous master bedroom and ensuite as well as a three car garage. Very well priced; don’t miss it.


#4 ) Address:385 TIMBERTOP RD, Lions Bay, West Vancouver

February 05, 2012 V929825 $1,250,000 $0 0%
February 01, 2013 V929825 removed after 362 days
February 15, 2013 V990554 $850,000 $-400,000 -32%

v990554_11

Current Days on Market: 382 (1.05years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $714,000
Desperation Score: 6.5

Gorgeous estate size lot. Enjoy spectacular sunsets and 180 degree views of fabulous Howe Sound Ocean and Mountains with complete privacy in the family friendly community of Lions Bay. Great opportunity to build your dream home onthis gently sloping property backing onto lush Crown forest lands on a quiet cul-de-sac. Located just 10 minutes from West Vancouver and 1 hour to Whistler resort, Lions Bay offers an amazing combination of proximity to both nature and City with a broad list of desirable amenities including quaint Town Center with coffee shop, art gallery, library, and Village office. Young families will love the K to 3 Lions Bay school, beaches, playground, marina and public transportation link!


#3 ) Address:967 ROSLYN BV, Dollarton, North Vancouver

February 26, 2012 V933878 $3,750,000 $0 0%
March 27, 2012 V933878 $3,690,000 $-60,000 -2%
April 18, 2012 V933878 $3,288,000 $-462,000 -12%
May 16, 2012 V933878 $2,980,000 $-770,000 -21%
June 15, 2012 V933878 $2,750,000 $-1,000,000 -27%
July 25, 2012 V933878 removed after 150 days
August 10, 2012 V965789 $2,690,000 $-1,060,000 -28%
January 03, 2013 V965789 removed after 146 days
February 15, 2013 V990537 $2,388,000 $-1,362,000 -36%

v990537_11

Current Days on Market: 361 (0.99years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $2,255,000
2011 Assessment: $1,840,000
Desperation Score: 27.0

This home has everything! Located a short walk from the oceanside, this custom built home occupies a sunny 1/3 acre private lot with water views. Featuring over 5,000 sqft, this 7 bedroom dream home has everything including; theatre, entertainment sized gourmet chef’s kitchen, 2 bedroom suite, swimming pool with fireplace and waterfalls, Koi pond, large flat backyard with gorgeous waterfalls. This is the perfect family home and it won’t last long. Priced well below replacement cost, this incredible value and outstanding lifestyle on the North Shore!


#2 ) Address:5590 GALLAGHER PL, Eagle Harbour, West Vancouver

September 14, 2007 V668128 $12,888,888 $0 0%
December 17, 2007 V668128 removed after 94 days
August 20, 2009 V782573 $9,980,000 $-2,908,888 -23%
December 01, 2009 V782573 removed after 103 days
January 23, 2010 V805577 $9,288,000 $-3,600,888 -28%
March 20, 2010 V805577 $8,888,800 $-4,000,088 -31%
July 26, 2010 V805577 removed after 184 days
February 24, 2011 V871446 $8,298,000 $-4,590,888 -36%
May 21, 2011 V871446 $8,198,000 $-4,690,888 -36%
June 21, 2011 V871446 removed after 117 days
June 29, 2011 V896798 $7,980,000 $-4,908,888 -38%
November 01, 2011 V896798 removed after 125 days
November 17, 2011 V920061 $7,980,000 $-4,908,888 -38%
April 24, 2012 V920061 removed after 159 days
September 08, 2012 V970327 $7,999,000 $-4,889,888 -38%
January 16, 2013 V970327 removed after 130 days
February 17, 2013 V991319 $7,988,000 $-4,900,888 -38%

v991319_11

Current Days on Market: 728 (1.99years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $7,267,000
Desperation Score: 9.2

An absolutely stunning Lamoureux designed home. Situated over half acre of waterfront, this home is appointed with every luxury one could imagine. Features include Sub-Zero fridges, drawers, bar fridges, Dacor commercial range & ovens, light-touch lighting by Cryderman Electric, media and billiard rooms, complete entertainment bar with cigar fans, wine coolers, bar fridge with ice-maker, edge-grain oak floors, granite, tumbled marble & marble finishings, extensive millwork, 3-car garage, paving stone pathway (ready for golf cart) to your own patio and DOCK on the 200′ of waterfront and more – too much to list. Enjoy the stunning views through Dynamic floor window or from one of the 4 patios (3 covered all with gas & water).


#1 ) Address:4611 WOODBURN RD, Cypress Park, West Vancouver

March 15, 2012 V937107 $3,388,000 $0 0%
April 11, 2012 V937107 $3,188,000 $-200,000 -6%
April 24, 2012 V937107 $2,888,000 $-500,000 -15%
May 01, 2012 V937107 $2,688,000 $-700,000 -21%
June 29, 2012 V937107 removed after 106 days
July 02, 2012 V959849 $2,398,000 $-990,000 -29%
August 10, 2012 V959849 $2,198,000 $-1,190,000 -35%
October 01, 2012 V959849 removed after 91 days
October 06, 2012 V975394 $1,999,999 $-1,388,001 -41%
January 31, 2013 V975394 $1,888,000 $-1,500,000 -44%
February 13, 2013 V975394 $1,788,000 $-1,600,000 -47%

v975394_11

Current Days on Market: 343 (0.94years)
Current ‘Official’ Days on Market: 138
2012 Assessment: $2,481,000
2011 Assessment: $2,279,000
Desperation Score: 40.7

Fabulous 1.35 Acre (58,806sqft) property boasting absolutely striking ocean views amidst total privacy. Enter through a private gated entry, down a long winding driveway to the home situated on a rocky bluff. Inside is a spacious 5700 sqft floor plan with vaulted ceilings, a fantastic kitchen, a master bedroom with a fabulous ensuite and his & her walk-in closets. Add to this an indoor pool. Outside, soak in the tremendous views and fabulous exposure on the huge sunlit patio. Located only a moment to Caulfield Village, near Rockridge High School and Caulfield Elementary.