September is here and I’ll hopefully have a bit more time and energy to devote to the blog so lets start with the weekly drop. I’m probably going to avoid adding much commentary since that is really the most time consuming part of the process – you guys feel free to add your commentary in the comments below. I also probably won’t be separating things into attached / detached / metro / fraser valley etc and instead do a top 30 which should have enough of a sampling for everyone
Here are the top 30 properties that changed their price or were relisted under a new MLS number the previous 2 weeks AND have dropped the largest percentage overall from their original asking price
West Vancouver leads the way with 7 listings followed by Maple Ridge with 5, Coquitlam with 3 and Vancouver West with 3. Tops on the list has dropped over $11 million and 64%!
#30 ) Address:9331 SIDAWAY RD, East Richmond, Richmond
July 07, 2012 |
V960733 |
$9,588,888 |
$0 |
0% |
March 22, 2013 |
V960733 |
removed after 258 days |
September 09, 2013 |
V1025906 |
$6,888,000 |
$-2,700,888 |
-28% |
Current Days on Market: 431 (1.18years)
Current ‘Official’ Days on Market: 2
2012 Assessment: Assessment: Farm Land
2011 Assessment: Assessment: Farm Land
Desperation Score: 23.0
24.588 Acre Estate on prestigious Sidaway Rd A 4200 sq ft 5 bedroom, 4 bath home. Great for Investor or the everyday Farmer. Blueberry Farm generate yearly income
#29 ) Address:# 405 555 13TH ST, Ambleside, West Vancouver
May 24, 2008 |
V711223 |
$619,000 |
$0 |
0% |
July 18, 2008 |
V711223 |
$585,000 |
$-34,000 |
-5% |
September 01, 2008 |
V711223 |
removed after 100 days |
September 10, 2008 |
V732031 |
$561,000 |
$-58,000 |
-9% |
November 23, 2008 |
V732031 |
removed after 74 days |
April 30, 2009 |
V763838 |
$469,000 |
$-150,000 |
-24% |
June 10, 2009 |
V763838 |
removed after 41 days |
March 01, 2012 |
V934469 |
$499,000 |
$-120,000 |
-19% |
April 11, 2012 |
V934469 |
$479,000 |
$-140,000 |
-23% |
May 25, 2012 |
V934469 |
removed after 85 days |
October 11, 2012 |
V976023 |
$459,900 |
$-159,100 |
-26% |
February 12, 2013 |
V976023 |
removed after 124 days |
September 07, 2013 |
V1025748 |
$439,900 |
$-179,100 |
-29% |
Current Days on Market: 4 (0.01years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $488,000
Desperation Score: 11.9
Welcome to Parkview Tower! Don’t miss this BRIGHT NE facing 2 bed + 1 bath Corner home with a HUGE enclosed balcony! The beautiful enclosed balcony offers approx extra 80 sq ft of living space. Large windows throughout the entire home offer STUNNING Panoramic views of the Mountains and Tree lined streets. Bedrooms are separate for ultimate privacy and an extra large living and dining area is Perfect for entertaining. Plenty of closet space/insuite storage. World class amenities in a solid, very well managed building including tennis courts, indoor pool, sauna, rooftop deck, library, billiard room and more! Fantastic location! Close to schools, parks, groceries and shopping. 1 parking, 1 storage locker included. PRICED TO SELL!
#28 ) Address:12064 CHESTNUT CR, Mid Meadows, Pitt Meadows
February 02, 2007 |
V627890 |
$399,000 |
$0 |
0% |
February 14, 2007 |
V627890 |
$379,000 |
$-20,000 |
-5% |
February 22, 2007 |
V627890 |
removed after 20 days |
March 19, 2007 |
V635970 |
$369,000 |
$-30,000 |
-8% |
April 13, 2007 |
V635970 |
removed after 25 days |
September 05, 2013 |
V1025050 |
$283,500 |
$-115,500 |
-29% |
Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $257,000
Desperation Score: 10.6
Great potential property in an area of great activity. Definitely priced to sell and great investment property for potential builders & investors. Open to try all offers and very close to all amenities.
#27 ) Address:# 117 99 BEGIN ST, Maillardville, Coquitlam
July 25, 2009 |
V778668 |
$179,900 |
$0 |
0% |
August 28, 2009 |
V778668 |
removed after 34 days |
May 22, 2011 |
V889915 |
$199,000 |
$0 |
0% |
July 12, 2011 |
V889915 |
$195,000 |
$-4,000 |
-2% |
July 30, 2011 |
V889915 |
$189,900 |
$-9,100 |
-5% |
August 17, 2011 |
V889915 |
removed after 87 days |
June 09, 2013 |
V1011700 |
$189,000 |
$-10,000 |
-5% |
August 07, 2013 |
V1011700 |
removed after 59 days |
August 22, 2013 |
V1023199 |
$149,000 |
$-50,000 |
-25% |
September 07, 2013 |
V1023199 |
$139,000 |
$-60,000 |
-30% |
Current Days on Market: 94 (0.26years)
Current ‘Official’ Days on Market: 20
2012 Assessment: $144,800
2011 Assessment: $91,000
Desperation Score: 15.9
Excellent opportunity to own this bright, 1 bedroom condo, in the heart of the up and coming Maillardville. Close to everything you need, Le Chateau is a great complex in a quiet cul-de-sac. This unit has a gas fireplace, balcony facing courtyards, laminate, parking stall and a storage unit. Pets and rentals are allowed. Great investment for first time home buyer or investor. Best price in the neighbourhood.
#26 ) Address:12466 208TH ST, Northwest Maple Ridge, Maple Ridge
May 07, 2007 |
V645573 |
$434,900 |
$0 |
0% |
June 21, 2007 |
V645573 |
removed after 45 days |
August 22, 2012 |
V967424 |
$429,000 |
$-5,900 |
-1% |
February 01, 2013 |
V967424 |
removed after 163 days |
September 09, 2013 |
V1025917 |
$299,000 |
$-135,900 |
-31% |
No Picture
Current Days on Market: 2 (0.01years)
Current ‘Official’ Days on Market: 2
2012 Assessment: $410,000
Desperation Score: 14.1
Superb building lot. Ex grow-up. Land value only. Being sold “as is, where is” with no interior house remediation.
#25 ) Address:# 203 450 BROMLEY ST, Coquitlam East, Coquitlam
February 09, 2012 |
V930378 |
$269,900 |
$0 |
0% |
March 27, 2012 |
V930378 |
$255,000 |
$-14,900 |
-6% |
June 30, 2012 |
V930378 |
removed after 142 days |
July 06, 2012 |
V960366 |
$249,900 |
$-20,000 |
-7% |
August 23, 2012 |
V960366 |
$239,900 |
$-30,000 |
-11% |
November 01, 2012 |
V960366 |
removed after 118 days |
November 04, 2012 |
V979121 |
$239,900 |
$-30,000 |
-11% |
April 22, 2013 |
V979121 |
removed after 169 days |
April 25, 2013 |
V1003023 |
$215,000 |
$-54,900 |
-20% |
July 25, 2013 |
V1003023 |
removed after 91 days |
September 05, 2013 |
V1024889 |
$185,000 |
$-84,900 |
-31% |
Current Days on Market: 580 (1.59years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $237,000
2011 Assessment: $252,000
Desperation Score: 18.5
Great LOCATION and FANTASTIC VIEWS of the Fraser River & Mountains from this 2 bedroom, 2 full bathroom unit with great open concept, large private patio, laminate and tile flooring, Recent updates include rich laminate flooring, in suite laundry & storage. Great Strata & building with newer roof, 1 parking (spots available to rent from strata), 1 storage, pets & rentals with restrictions. Steps from Austin Station which includes all kinds of amenities & shops including Thrifty’s, Starbucks, Yoga, Subway, Sushi & many more. A block from Mundy Park, a couple blocks from R.C. MacDonald School, a few minute drive to #1 Highway. OPEN HOUSE SAT & SUN SEPT 7 & 8, 2-4PM
#24 ) Address:352 54TH ST, Pebble Hill, Tsawwassen
May 17, 2007 |
V647775 |
$719,000 |
$0 |
0% |
June 01, 2007 |
V647775 |
$698,000 |
$-21,000 |
-3% |
June 08, 2007 |
V647775 |
removed after 22 days |
March 07, 2009 |
V755748 |
$1,199,000 |
$0 |
0% |
April 08, 2009 |
V755748 |
$999,000 |
$-200,000 |
-17% |
June 10, 2009 |
V755748 |
$899,000 |
$-300,000 |
-25% |
June 13, 2009 |
V755748 |
$938,000 |
$-261,000 |
-22% |
September 05, 2009 |
V755748 |
$898,000 |
$-301,000 |
-25% |
October 20, 2009 |
V755748 |
$808,000 |
$-391,000 |
-33% |
November 24, 2009 |
V755748 |
removed after 262 days |
January 28, 2010 |
V806291 |
$818,000 |
$-381,000 |
-32% |
March 25, 2010 |
V806291 |
$799,000 |
$-400,000 |
-33% |
April 28, 2010 |
V806291 |
$769,000 |
$-430,000 |
-36% |
May 18, 2010 |
V806291 |
$749,000 |
$-450,000 |
-38% |
June 30, 2010 |
V806291 |
$725,000 |
$-474,000 |
-40% |
September 01, 2010 |
V806291 |
removed after 216 days |
September 03, 2010 |
V848437 |
$699,900 |
$-499,100 |
-42% |
January 17, 2011 |
V848437 |
removed after 136 days |
September 05, 2013 |
V1024927 |
$819,000 |
$-380,000 |
-32% |
Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $766,200
2011 Assessment: $797,800
2011 Last Sale: $675,000 on 06/Jan/2011
Total Profit IF sold for list price: 45,032 transaction costs and 144,000 profit on sale = Profit of 98,968
Desperation Score: 5.2
GREAT VIEWS OF BOUNDARY BAY & MOUNTAINS! Renovated 4 Bedroom & Games Room RANCHER with a basement! Featuring popular GREAT ROOM concept with a large open area, vaulted ceilings, beautiful new kitchen with a centre island, dining area & all this with views! Oversized, brand new patio to relax & enjoy the views. The main floor includes 3 Bdrms & 2 full Baths and the basement area includes 1 Bdrm, Games Room, full Bath and an entrance to the back yard (easy to suite). Parking for 6 cars. RV parking. LOCATION, LOCATION!
#23 ) Address:3008 MARINE DR, Southlands, Vancouver West
June 28, 2012 |
V959053 |
$2,488,000 |
$0 |
0% |
July 11, 2012 |
V959053 |
$2,280,000 |
$-208,000 |
-8% |
July 31, 2012 |
V959053 |
$1,988,000 |
$-500,000 |
-20% |
November 10, 2012 |
V959053 |
$1,890,000 |
$-598,000 |
-24% |
December 18, 2012 |
V959053 |
removed after 173 days |
January 26, 2013 |
V987234 |
$1,988,000 |
$-500,000 |
-20% |
February 13, 2013 |
V987234 |
$1,899,000 |
$-589,000 |
-24% |
April 24, 2013 |
V987234 |
removed after 88 days |
April 29, 2013 |
V1003547 |
$1,899,000 |
$-589,000 |
-24% |
August 01, 2013 |
V1003547 |
removed after 94 days |
September 07, 2013 |
V1025637 |
$1,699,000 |
$-789,000 |
-32% |
Current Days on Market: 440 (1.21years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $1,082,500
2011 Assessment: $1,029,500
Desperation Score: 41.2
Original Victorian-style residence built with exceptional quality of dry timber and finished with elegant British style hardwood floors, wood panels and moldings.Secure south facing extra large backyard has enough space to accommodate children’s soccer games and parents’ dream patio set. Below semi-attached garage for two facing the backyard located unique workshop space. This home is located in the center of prestigious neighbourhood area just steps away from parks and three golf courses, as well as only minutes away from Crofton House School, Kerrisdale Elementary and UBC. Must see to appreciate.
#22 ) Address:# 206 22515 116TH AV, East Central, Maple Ridge
October 07, 2007 |
V672786 |
$339,800 |
$0 |
0% |
November 29, 2007 |
V672786 |
$329,900 |
$-9,900 |
-3% |
March 18, 2008 |
V672786 |
removed after 163 days |
March 22, 2008 |
V696525 |
$329,900 |
$-9,900 |
-3% |
May 29, 2008 |
V696525 |
$324,000 |
$-15,800 |
-5% |
July 20, 2008 |
V696525 |
$310,000 |
$-29,800 |
-9% |
September 01, 2008 |
V696525 |
removed after 163 days |
September 09, 2008 |
V731441 |
$310,000 |
$-29,800 |
-9% |
September 24, 2008 |
V731441 |
$289,900 |
$-49,900 |
-15% |
January 06, 2009 |
V731441 |
removed after 119 days |
March 27, 2009 |
V758645 |
$269,900 |
$-69,900 |
-21% |
June 15, 2009 |
V758645 |
removed after 80 days |
March 06, 2011 |
V873699 |
$274,900 |
$-64,900 |
-19% |
June 30, 2011 |
V873699 |
$268,900 |
$-70,900 |
-21% |
July 21, 2011 |
V873699 |
$265,000 |
$-74,800 |
-22% |
August 30, 2011 |
V873699 |
$257,900 |
$-81,900 |
-24% |
September 07, 2011 |
V873699 |
removed after 185 days |
July 28, 2012 |
V964124 |
$264,900 |
$-74,900 |
-22% |
January 23, 2013 |
V964124 |
removed after 179 days |
February 03, 2013 |
V988385 |
$258,000 |
$-81,800 |
-24% |
March 20, 2013 |
V988385 |
$249,900 |
$-89,900 |
-26% |
June 25, 2013 |
V988385 |
$239,900 |
$-99,900 |
-29% |
July 29, 2013 |
V988385 |
removed after 176 days |
August 05, 2013 |
V1020419 |
$239,900 |
$-99,900 |
-29% |
September 04, 2013 |
V1020419 |
$229,900 |
$-109,900 |
-32% |
Current Days on Market: 410 (1.12years)
Current ‘Official’ Days on Market: 37
2012 Assessment: $245,000
Desperation Score: 15.1
GORGEOUS TOWNHOME IN FRASERVIEW VILLAGE in 45+ complex close to everything! Wonderful layout includes spacious kitchen open to eating area and dining area, oversized sundeck, formal dining room and living room, master bedroom on the main w/adjoining bathroom, laundry on the main, and large den and separate bedroom upstairs w/a 2nd bedroom. Lots of updates include new faux-granite kitchen counters, engineered hardwood floors, heatilator gas F/P, new baseboards and crown molding and new paint. Owners here also benefit from full recreational facilities including indoor pool, exercise centre, clubhouse, meeting rooms, and full workshop. Roof only a few years old and new vinyl membrane on deck and stairs. A must see!
#21 ) Address:# 218 99 BEGIN ST, Maillardville, Coquitlam
May 11, 2008 |
V707627 |
$279,900 |
$0 |
0% |
June 07, 2008 |
V707627 |
$269,000 |
$-10,900 |
-4% |
June 11, 2008 |
V707627 |
$259,900 |
$-20,000 |
-7% |
September 12, 2008 |
V707627 |
$249,000 |
$-30,900 |
-11% |
January 21, 2009 |
V707627 |
$229,900 |
$-50,000 |
-18% |
March 14, 2009 |
V707627 |
$213,900 |
$-66,000 |
-24% |
April 30, 2009 |
V707627 |
removed after 354 days |
May 06, 2009 |
V764766 |
$213,900 |
$-66,000 |
-24% |
June 10, 2009 |
V764766 |
$199,500 |
$-80,400 |
-29% |
July 15, 2009 |
V764766 |
removed after 70 days |
April 17, 2010 |
V822949 |
$249,900 |
$-30,000 |
-11% |
June 28, 2010 |
V822949 |
removed after 72 days |
July 20, 2013 |
V1018384 |
$195,000 |
$-84,900 |
-30% |
September 05, 2013 |
V1018384 |
$189,000 |
$-90,900 |
-32% |
Current Days on Market: 53 (0.15years)
Current ‘Official’ Days on Market: 53
2012 Assessment: $183,900
2011 Assessment: $111,600
Desperation Score: 11.1
**Location, Location, Locations** This very spacious 2 bedroom, 2 bathroom floorplan is move-in ready. Updated with laminate floors, baseboards, paint and NEW insuite washer & dryer. This unit comes with one of the biggest patios in the building which looks onto the courtyard. Central location to everything (parks, shopping, and transit). Minutes from the Portmann Bridge and the freeway… Don’t miss out on this opportunity.
#20 ) Address:# 213 12020 207A ST, Northwest Maple Ridge, Maple Ridge
May 12, 2007 |
V646940 |
$314,900 |
$0 |
0% |
November 06, 2007 |
V646940 |
removed after 178 days |
April 06, 2008 |
V699382 |
$309,000 |
$-5,900 |
-2% |
May 06, 2008 |
V699382 |
$282,785 |
$-32,115 |
-10% |
July 17, 2008 |
V699382 |
removed after 102 days |
August 10, 2008 |
V727360 |
$281,400 |
$-33,500 |
-11% |
September 16, 2008 |
V727360 |
$269,900 |
$-45,000 |
-14% |
November 06, 2008 |
V727360 |
removed after 88 days |
June 07, 2013 |
V1011532 |
$224,750 |
$-90,150 |
-29% |
August 14, 2013 |
V1011532 |
$214,500 |
$-100,400 |
-32% |
September 07, 2013 |
V1011532 |
$206,500 |
$-108,400 |
-34% |
Current Days on Market: 96 (0.26years)
Current ‘Official’ Days on Market: 96
2012 Assessment: $264,000
Desperation Score: 13.6
Court Ordered Sale. All offers subject to court approval. 1,190 sq ft 2 bdrm and den, 2 bath corner unit in well maintained “Westbrooke” in heart of Maple Ridge. Gas & hot water included in strata fee. Great location minutes to shopping, recreation & transit including West Coast Express & Golden Ears Bridge. Call LS for more info.
#19 ) Address:# 1601 290 NEWPORT DR, North Shore, Port Moody
March 30, 2008 |
V697657 |
$499,900 |
$0 |
0% |
May 24, 2008 |
V697657 |
$595,000 |
$0 |
0% |
May 29, 2008 |
V697657 |
$495,000 |
$-100,000 |
-17% |
June 17, 2008 |
V697657 |
$485,000 |
$-110,000 |
-18% |
July 29, 2008 |
V697657 |
removed after 121 days |
September 17, 2008 |
V733575 |
$499,900 |
$-95,100 |
-16% |
December 31, 2008 |
V733575 |
removed after 105 days |
March 06, 2009 |
V755436 |
$468,900 |
$-126,100 |
-21% |
April 03, 2009 |
V755436 |
removed after 28 days |
May 04, 2012 |
V947416 |
$439,998 |
$-155,002 |
-26% |
May 30, 2012 |
V947416 |
$424,998 |
$-170,002 |
-29% |
June 16, 2012 |
V947416 |
$419,998 |
$-175,002 |
-29% |
June 22, 2012 |
V947416 |
$409,998 |
$-185,002 |
-31% |
August 31, 2012 |
V947416 |
$399,000 |
$-196,000 |
-33% |
September 24, 2012 |
V947416 |
removed after 143 days |
September 05, 2013 |
V1025017 |
$389,000 |
$-206,000 |
-35% |
Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $416,000
Desperation Score: 13.1
Enjoy Whistler Village atmosphere at the BOSA BUILT ‘Sentinel’ in Newport Village. All amenities are at your doorstep, over 40 shops, a pub, quality dining, hospital, library, recreation centre & future green line skytrain. This 2 bedrooms, 2 baths condominium has an open floor plan with floor to ceilings windows, stone fireplace, 7 quality appliances and a panoramic “WATER AND MOUNTAIN” view. PRICED WAY UNDER CITY ASSESS VALUE TO SELL QUICK.
#18 ) Address:7528 SECHELT INLET RD, Sechelt, Sunshine Coast
May 04, 2012 |
V947552 |
$279,000 |
$0 |
0% |
January 19, 2013 |
V947552 |
$249,000 |
$-30,000 |
-11% |
July 04, 2013 |
V947552 |
removed after 426 days |
July 08, 2013 |
V1016345 |
$245,000 |
$-34,000 |
-12% |
August 05, 2013 |
V1016345 |
$200,000 |
$-79,000 |
-28% |
September 04, 2013 |
V1016345 |
$182,200 |
$-96,800 |
-35% |
Current Days on Market: 495 (1.36years)
Current ‘Official’ Days on Market: 65
2012 Assessment: $233,600
Desperation Score: 19.7
Looking for a GREAT getaway, this is for you. This country cottage will provide you with a peaceful and private space all within 2 minutes walk to two beaches. An open plan with a wood burning stove to take the chill off on a cooler day. Large deck to enjoy entertaining and views of the mountains. House needs some TLC. Call for more details.
#17 ) Address:# 102 1128 6TH AV, Uptown, New Westminster
August 09, 2009 |
V781012 |
$264,900 |
$0 |
0% |
September 01, 2009 |
V781012 |
removed after 23 days |
May 09, 2012 |
V948606 |
$294,900 |
$0 |
0% |
July 10, 2012 |
V948606 |
$284,900 |
$-10,000 |
-3% |
August 01, 2012 |
V948606 |
removed after 84 days |
May 25, 2013 |
V1008923 |
$219,900 |
$-75,000 |
-25% |
June 20, 2013 |
V1008923 |
$209,900 |
$-85,000 |
-29% |
July 06, 2013 |
V1008923 |
$199,900 |
$-95,000 |
-32% |
August 05, 2013 |
V1008923 |
$194,900 |
$-100,000 |
-34% |
September 07, 2013 |
V1008923 |
$190,000 |
$-104,900 |
-36% |
Current Days on Market: 109 (0.30years)
Current ‘Official’ Days on Market: 109
2012 Assessment: $250,400
Desperation Score: 20.9
Kingsgate built by Bosa! Ground level unit, very modern, concrete finished flooring. 2 bedrooms, 1 bath, good condition with updated bathroom. Huge covered wrap-around patio with 3 accesses, opens to quiet side of building. Central location, close to transit and shops. Schedule A to accompany All Offers. Call Listing Salesperson to view.
#16 ) Address:6269 ST GEORGES CR, Gleneagles, West Vancouver
June 19, 2011 |
V895353 |
$9,988,000 |
$0 |
0% |
July 23, 2011 |
V895353 |
$8,988,000 |
$-1,000,000 |
-10% |
January 13, 2012 |
V895353 |
removed after 208 days |
January 19, 2012 |
V926227 |
$8,988,000 |
$-1,000,000 |
-10% |
March 28, 2012 |
V926227 |
$7,988,000 |
$-2,000,000 |
-20% |
June 25, 2012 |
V926227 |
removed after 158 days |
July 05, 2012 |
V959998 |
$7,988,000 |
$-2,000,000 |
-20% |
January 17, 2013 |
V959998 |
removed after 196 days |
January 19, 2013 |
V986024 |
$6,998,000 |
$-2,990,000 |
-30% |
May 12, 2013 |
V986024 |
removed after 113 days |
June 07, 2013 |
V1010490 |
$6,388,000 |
$-3,600,000 |
-36% |
September 02, 2013 |
V1010490 |
removed after 87 days |
September 05, 2013 |
V1025190 |
$6,388,000 |
$-3,600,000 |
-36% |
Current Days on Market: 815 (2.23years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $5,005,000
Desperation Score: 30.1
Luxurious & private contemporary residence w/ the finest panoramic ocean & mountain views in West Van. Relax & unwind in over 9000 sq ft of exquisite living space. Located in exclusive Gleneagles surrounded by custom homes overlooking Whytecliff Park. Featuring an indoor/outdoor pool & a concrete outdoor living space inspired by the cliffs of Santorini. Ideal for entertaining with an open modern kitchen, grand living room w/ floor to ceiling windows, & a fabulous rec room w/ pool table, fire pit, & two wine cellars. The master bedroom is divine w/ spectacular views & an impressive en-suite spa. For those seeking a one-of-a-kind home to enjoy w/ your family as well as WOW your friends, St Georges Crescent is a dream come true.
#15 ) 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% |
Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $1,026,000
Desperation Score: 28.0
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-burning fireplace. 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.
#14 ) 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% |
March 21, 2013 |
V981772 |
$1,499,000 |
$-900,000 |
-38% |
August 30, 2013 |
V981772 |
removed after 271 days |
September 05, 2013 |
V1024916 |
$1,499,000 |
$-900,000 |
-38% |
Current Days on Market: 494 (1.35years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $1,915,000
2011 Assessment: $1,934,000
Desperation Score: 22.2
LUXURY PENTHOUSE @ the boutique “O2”! Priced $416,000 BELOW ASSESSED VALUE this top floor 2 bedroom & den, 2 bath enjoys spectacular 180 degree views from English Bay to the North Shore mountains. This spacious executive style residence represents UNBEATABLE VALUE delivering contemporary design with engineered teak hardwood floors, full height picture windows & the Italian inspired DADA kitchen which showcases an industrial 6 pc appliance package, entertainment bar & stone counters. Multi zone in-ceiling heating & cooling system for year round enjoyment. Buy with confidence with balance of 2-10-10 warranty remaining. 2 secure parking stalls & locker included. Rentals & 1 Pet OK.
#13 ) Address:15 BRUNSWICK BEACH RD, Lions Bay, West Vancouver
June 23, 2012 |
V958302 |
$9,800,000 |
$0 |
0% |
September 17, 2012 |
V958302 |
removed after 86 days |
October 11, 2012 |
V975931 |
$6,980,000 |
$-2,820,000 |
-29% |
August 29, 2013 |
V975931 |
removed after 322 days |
September 05, 2013 |
V1024869 |
$5,980,000 |
$-3,820,000 |
-39% |
Current Days on Market: 445 (1.22years)
Current ‘Official’ Days on Market: 6
2012 Assessment: $3,534,000
Desperation Score: 27.9
One of a kind wrap around waterfront property with spectacular views to Anvil, Gambier, Keats, Bowyer and Bowen Islands. Feels like being on a “yacht at sea” surrounded by majestic marine life. Interior features 3 bedrooms, 5 bathrooms on 2 levels of luxurious living space and captivating views from every room. Outdoor features include an ocean-side pool, commercial grade seawall with 2 beach accesses. Nothing compares to this extraordinary residence that is situated on a 12,100 sqft level lot at the end of a very quiet cul-de-sac. Must be seen to be truly appreciated.
#12 ) 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% |
September 04, 2013 |
V990652 |
removed after 201 days |
September 07, 2013 |
V1025518 |
$3,495,000 |
$-2,255,000 |
-39% |
Current Days on Market: 1452 (3.98years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $2,873,000
Desperation Score: 25.8
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.
#11 ) Address:5968 MARINE DR, Eagleridge, West Vancouver
October 26, 2011 |
V917255 |
$9,800,000 |
$0 |
0% |
November 15, 2011 |
V917255 |
$8,900,000 |
$-900,000 |
-9% |
February 01, 2012 |
V917255 |
$8,550,000 |
$-1,250,000 |
-13% |
March 31, 2012 |
V917255 |
removed after 157 days |
April 05, 2012 |
V941399 |
$7,900,000 |
$-1,900,000 |
-19% |
July 09, 2012 |
V941399 |
removed after 95 days |
July 13, 2012 |
V961757 |
$7,200,000 |
$-2,600,000 |
-27% |
August 22, 2012 |
V961757 |
$6,900,000 |
$-2,900,000 |
-30% |
January 10, 2013 |
V961757 |
removed after 181 days |
January 17, 2013 |
V985358 |
$6,900,000 |
$-2,900,000 |
-30% |
February 20, 2013 |
V985358 |
removed after 34 days |
February 28, 2013 |
V992869 |
$5,980,000 |
$-3,820,000 |
-39% |
August 22, 2013 |
V992869 |
removed after 175 days |
September 07, 2013 |
V1025527 |
$5,900,000 |
$-3,900,000 |
-40% |
Current Days on Market: 686 (1.88years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $4,686,000
Desperation Score: 32.0
Magnificent Waterfront home facing sparkling ocean views and amazing sunsets. Built in 2000 & completely updated in 2010, this home shows like brand new. 3 floors of luxurious living with elevator & 15′ ceilings. Four bedrooms all with en-suites. Professional landscaping with easy access to 114ft of private beach front with new outdoor kitchen, outdoor fireplace & hot tub facing the active marine life. Level driveway with gated entry & security cameras.
#10 ) Address:# 422 666 LEG IN BOOT SQ, False Creek, Vancouver West
April 26, 2007 |
V643497 |
$700,000 |
$0 |
0% |
October 30, 2007 |
V643497 |
$680,000 |
$-20,000 |
-3% |
November 15, 2007 |
V643497 |
$650,000 |
$-50,000 |
-7% |
January 31, 2008 |
V643497 |
$599,000 |
$-101,000 |
-14% |
February 07, 2008 |
V643497 |
$539,000 |
$-161,000 |
-23% |
March 21, 2008 |
V643497 |
$498,000 |
$-202,000 |
-29% |
June 23, 2008 |
V643497 |
removed after 424 days |
June 25, 2008 |
V718415 |
$550,000 |
$-150,000 |
-21% |
September 30, 2008 |
V718415 |
removed after 97 days |
October 10, 2008 |
V738764 |
$450,000 |
$-250,000 |
-36% |
April 04, 2009 |
V738764 |
removed after 176 days |
March 05, 2010 |
V812944 |
$299,000 |
$-401,000 |
-57% |
May 21, 2010 |
V812944 |
removed after 77 days |
April 15, 2013 |
V1001055 |
$448,000 |
$-252,000 |
-36% |
July 02, 2013 |
V1001055 |
removed after 78 days |
July 06, 2013 |
V1015819 |
$439,000 |
$-261,000 |
-37% |
September 04, 2013 |
V1015819 |
removed after 60 days |
September 07, 2013 |
V1025607 |
$419,900 |
$-280,100 |
-40% |
Current Days on Market: 149 (0.41years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $404,000
2011 Assessment: $410,000
Desperation Score: 13.7
WONDERFUL WATERFRONT CONDO! In the heart of False Creek, this 2 bedroom corner unit has been completely renovated in 2010. New kitchen with granite counter tops, appliances & cabinets, new bathroom, tile & carpets. Corner unit with plenty of light and a generous balcony. Panoramic water VIEWS of False Creek, Vancouver sky line and North Shore mountains. Great quiet location in the center of the City. City of Vancouver prepaid lease until 2036. Well maintained CONCRETE building with parking and 2 storage lockers. Property has come OFF THE MARKET.
#9 ) Address:420 N OXLEY ST, West Bay, West Vancouver
August 30, 2007 |
V665861 |
$1,695,000 |
$0 |
0% |
November 01, 2007 |
V665861 |
$1,639,000 |
$-56,000 |
-3% |
April 12, 2008 |
V665861 |
$1,595,000 |
$-100,000 |
-6% |
July 01, 2008 |
V665861 |
removed after 306 days |
October 22, 2008 |
V740232 |
$1,395,000 |
$-300,000 |
-18% |
March 03, 2009 |
V740232 |
$1,249,000 |
$-446,000 |
-26% |
April 27, 2009 |
V740232 |
removed after 187 days |
December 08, 2011 |
V921903 |
$4,840,000 |
$0 |
0% |
April 23, 2012 |
V921903 |
$4,498,000 |
$-342,000 |
-7% |
June 08, 2012 |
V921903 |
removed after 183 days |
June 13, 2012 |
V956135 |
$3,999,000 |
$-841,000 |
-17% |
October 22, 2012 |
V956135 |
removed after 131 days |
October 25, 2012 |
V977860 |
$3,488,000 |
$-1,352,000 |
-28% |
January 11, 2013 |
V977860 |
removed after 78 days |
March 29, 2013 |
V998134 |
$2,999,888 |
$-1,840,112 |
-38% |
September 07, 2013 |
V998134 |
$2,888,888 |
$-1,951,112 |
-40% |
Current Days on Market: 643 (1.76years)
Current ‘Official’ Days on Market: 166
2012 Assessment: $2,026,000
Desperation Score: 32.8
I am significantly rebuilt! 4 bedrooms, 3 bathrooms in West Coast design. Every detail is elite quality with views from every angle. My decandent outdoor living space is to the front & back . Take a seat & enjoy the private oasis built out over Cave Creek! My gourmet kitchen has Bosch appliances, Caesarstone quartz countertops & custom cabinetry. My details: Premium site finished oak floors, radiant heat Italian tile in baths & throughout lower floor. 3 Marquis Collection fireplaces, spa-inspired ensuite, Rinnai tankless on-demand hot water system, Trane forced air furnace & heat pump, Hunter Douglas sun shades & California Closets. This home is for those who enjoy peace & quiet & entertaining. Come experience this home!
#8 ) Address:2899 CAPILANO RD, Capilano, North Vancouver
August 20, 2008 |
V728873 |
$1,275,000 |
$0 |
0% |
September 19, 2008 |
V728873 |
$1,150,000 |
$-125,000 |
-10% |
January 01, 2009 |
V728873 |
removed after 134 days |
April 03, 2010 |
V819623 |
$779,000 |
$-496,000 |
-39% |
April 21, 2010 |
V819623 |
removed after 18 days |
April 24, 2010 |
V824786 |
$779,000 |
$-496,000 |
-39% |
June 13, 2010 |
V824786 |
$749,000 |
$-526,000 |
-41% |
June 18, 2010 |
V824786 |
$699,000 |
$-576,000 |
-45% |
October 26, 2010 |
V824786 |
$689,000 |
$-586,000 |
-46% |
December 21, 2010 |
V824786 |
$679,000 |
$-596,000 |
-47% |
April 26, 2011 |
V824786 |
removed after 367 days |
September 07, 2013 |
V1025364 |
$759,000 |
$-516,000 |
-40% |
Current Days on Market: 4 (0.01years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $750,000
Desperation Score: 5.4
Hurry on this one! This stunning 3405 sq. ft, 2 level townhome was designed for the original owner and is located in Cedar Crescent Place. Features include a main floor master suite, 5 piece ensuite with adjoining den,large great room/dining and 3 bedrooms up. Sliders lead to a private patio setting with sounds of the Capilano River in the background. This home is a one of a kind and is totally free standing. Amazing!
#7 ) Address:10441 245B ST, Albion, Maple Ridge
September 12, 2008 |
V732805 |
$1,100,000 |
$0 |
0% |
September 19, 2008 |
V732805 |
$980,000 |
$-120,000 |
-11% |
November 24, 2008 |
V732805 |
removed after 73 days |
July 05, 2009 |
V775338 |
$749,900 |
$-350,100 |
-32% |
December 16, 2009 |
V775338 |
removed after 164 days |
November 07, 2010 |
V857595 |
$749,900 |
$-350,100 |
-32% |
June 02, 2011 |
V857595 |
removed after 207 days |
August 22, 2013 |
V1023348 |
$719,000 |
$-381,000 |
-35% |
September 04, 2013 |
V1023348 |
$648,888 |
$-451,112 |
-41% |
Current Days on Market: 20 (0.05years)
Current ‘Official’ Days on Market: 20
2012 Assessment: $654,000
Desperation Score: 18.7
Opportunity to purchase a rancher home sitting on a prime 0.98 acre corner lot in Albion, Maple Ridge. Perfect to hold or build your sweet home in the beautiful neighbourhood. School and community park are within a few minutes walking distance. All meas approx. Buyer need to verify.
#6 ) Address:# 202 1436 PORTAGE RD, Pemberton, Whistler/Pemberton
December 29, 2012 |
V983148 |
$239,500 |
$0 |
0% |
February 26, 2013 |
V983148 |
$209,000 |
$-30,500 |
-13% |
March 21, 2013 |
V983148 |
$198,500 |
$-41,000 |
-17% |
June 02, 2013 |
V983148 |
$169,000 |
$-70,500 |
-29% |
June 21, 2013 |
V983148 |
$159,000 |
$-80,500 |
-34% |
September 04, 2013 |
V983148 |
$139,900 |
$-99,600 |
-42% |
Current Days on Market: 256 (0.70years)
Current ‘Official’ Days on Market: 256
2012 Assessment: $298,000
Desperation Score: 23.3
Click on “View Multi Media” above for more photos & information. 1,821 sq ft suite in Portage Station. Functional plan features 3 bedrooms, 3 full bathrooms, insuite laundry, balcony with mountain views and secured underground parking. Unbeatable location at the entrance to Pemberton and just steps to community center/library/fitness facility, elementary school, the Village’s shops and amenities and minutes to Big Sky golf. One cat or one dog okay with no size restriction, rentals allowed, parking stall 12, immediate possession possible.
#5 ) Address:1645 SOUTHLANDS LN, Whistler, Whistler/Pemberton
December 02, 2012 |
V981698 |
$9,000,000 |
$0 |
0% |
September 05, 2013 |
V981698 |
removed after 277 days |
September 09, 2013 |
V1025966 |
$4,988,000 |
$-4,012,000 |
-45% |
Current Days on Market: 283 (0.78years)
Current ‘Official’ Days on Market: 2
2012 Assessment: Building Unfinished
Desperation Score: 28.8
This alpine contemporary rancher is a stunning home designed by Shift Architecture. The 4600 square foot home sits on a 2.06 acres estate lot in a private valley floor setting. Enjoy spectacular views of Arm Chair Mountain while sitting on your patio next the 20 ft waterfall. This luxurious home offers 5 bedrooms including 2 master bedrooms, media room, large mud room and much more…Award winning contractor Vision Pacific has started construction on this green home which will be completed in the fall of 2014.
#4 ) Address:12142 287TH ST, Northeast, Maple Ridge
July 10, 2010 |
V840966 |
$1,599,000 |
$0 |
0% |
November 10, 2010 |
V840966 |
$1,095,000 |
$-504,000 |
-32% |
February 01, 2011 |
V840966 |
removed after 206 days |
February 03, 2011 |
V866939 |
$975,000 |
$-624,000 |
-39% |
March 23, 2011 |
V866939 |
removed after 48 days |
May 14, 2012 |
V950147 |
$1,349,900 |
$-249,100 |
-16% |
July 06, 2012 |
V950147 |
$1,299,900 |
$-299,100 |
-19% |
September 19, 2012 |
V950147 |
$1,199,900 |
$-399,100 |
-25% |
October 15, 2012 |
V950147 |
removed after 154 days |
October 17, 2012 |
V976812 |
$969,500 |
$-629,500 |
-39% |
January 07, 2013 |
V976812 |
removed after 82 days |
March 07, 2013 |
V994284 |
$875,000 |
$-724,000 |
-45% |
July 12, 2013 |
V994284 |
$845,000 |
$-754,000 |
-47% |
September 05, 2013 |
V994284 |
removed after 182 days |
September 09, 2013 |
V1025913 |
$845,000 |
$-754,000 |
-47% |
No Picture
Current Days on Market: 485 (1.33years)
Current ‘Official’ Days on Market: 2
2012 Assessment: $1,020,000
Desperation Score: 37.3
OPPORTUNITY! 6300 sq.ft home on 5.004 Ac with gated entrance & winding driveway to private setting. Had 4 bedrooms (all with ensuite) 6 bathrooms in total(his & hers ensuites in master suite), 3 bay garage & attached workshop,large covered deck.Open plan with huge kitchen (granite countertops, Hot water radiant heat + air exchange system. Measurements are approximate and should be verified by the Buyers if important to them.
#3 ) Address:225 ALPINE DR, Anmore, Port Moody
December 07, 2007 |
V680460 |
$3,998,000 |
$0 |
0% |
December 11, 2007 |
V680460 |
$3,500,000 |
$-498,000 |
-12% |
June 10, 2008 |
V680460 |
$2,900,000 |
$-1,098,000 |
-27% |
January 13, 2009 |
V680460 |
removed after 403 days |
January 17, 2009 |
V748792 |
$2,800,000 |
$-1,198,000 |
-30% |
June 03, 2009 |
V748792 |
removed after 137 days |
June 05, 2009 |
V770143 |
$2,800,000 |
$-1,198,000 |
-30% |
January 03, 2010 |
V770143 |
removed after 212 days |
January 08, 2010 |
V802723 |
$2,800,000 |
$-1,198,000 |
-30% |
January 01, 2011 |
V802723 |
removed after 358 days |
January 12, 2011 |
V862941 |
$2,700,000 |
$-1,298,000 |
-32% |
June 08, 2011 |
V862941 |
removed after 147 days |
June 12, 2011 |
V894069 |
$2,450,000 |
$-1,548,000 |
-39% |
December 09, 2011 |
V894069 |
removed after 180 days |
December 14, 2011 |
V922304 |
$2,450,000 |
$-1,548,000 |
-39% |
March 06, 2012 |
V922304 |
$2,248,000 |
$-1,750,000 |
-44% |
December 11, 2012 |
V922304 |
removed after 363 days |
January 17, 2013 |
V985529 |
$2,100,000 |
$-1,898,000 |
-47% |
August 15, 2013 |
V985529 |
removed after 210 days |
September 07, 2013 |
V1025632 |
$1,990,000 |
$-2,008,000 |
-50% |
Current Days on Market: 2105 (5.77years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $2,243,000
2011 Assessment: $2,235,000
Desperation Score: 19.3
Elegance, Luxury & Class best describes this 8100 SF 1 AC estate home, exuding Pride of Ownership and nestled on a greenbelt. The grand entrance starts your tour with the lib/off, formal Lvg. Rm & dng Rm gracing one wing & floor to ceiling windows connecting the main floor master, designer kitchen (plus wok kit), great rm & back garden access. Perfect for Pool, Sports court, summer kitchen & Entertaining. 4 bds up- all w/balconies & ensuites & the luxurious 2nd master ste with 7 piece enste, sitting area & private deck overlooking “Nature’s Paradise”. Downstrs is home to “Theatre Rm”, wine cellar, guest bed & great Rec & bar facilities. Very east to suite. Need a carriage home, Rv Pkg, wkshp??? Space Galore- Absolutely Special!!
#2 ) Address:3460 ROCKVIEW PL, Westmount, West Vancouver
November 22, 2006 |
V621930 |
$3,900,000 |
$0 |
0% |
November 22, 2006 |
V621930 |
removed after 0 days |
May 16, 2012 |
V950371 |
$12,888,000 |
$0 |
0% |
December 01, 2012 |
V950371 |
removed after 199 days |
April 10, 2013 |
V999887 |
$10,498,000 |
$-2,390,000 |
-19% |
May 04, 2013 |
V999887 |
$9,980,000 |
$-2,908,000 |
-23% |
August 29, 2013 |
V999887 |
$8,980,000 |
$-3,908,000 |
-30% |
September 05, 2013 |
V999887 |
removed after 148 days |
September 07, 2013 |
V1025679 |
$5,900,000 |
$-6,988,000 |
-54% |
Current Days on Market: 483 (1.32years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $4,057,000
Desperation Score: 53.9
Magnificent contemorary residence with a truly unobstructed City & Ocean view. Completely redesigned & re-built. This sensational family residence offers large open rooms with high ceilings & floor-to ceiling windows creating a spectacularindoor-outdoor lifestyle featueing a stunning designer kitchen & top floor master suite that is incredible. All opening onto private gardens, terraces & a gorgeous swimming pool.
#1 ) Address:2888 PANORAMA DR, Deep Cove, North Vancouver
July 11, 2010 |
V841549 |
$17,900,000 |
$0 |
0% |
June 07, 2011 |
V841549 |
removed after 331 days |
June 09, 2011 |
V892989 |
$14,900,000 |
$-3,000,000 |
-17% |
November 01, 2011 |
V892989 |
$12,998,000 |
$-4,902,000 |
-27% |
April 24, 2012 |
V892989 |
$10,998,000 |
$-6,902,000 |
-39% |
August 22, 2012 |
V892989 |
$8,990,000 |
$-8,910,000 |
-50% |
December 02, 2012 |
V892989 |
removed after 542 days |
December 10, 2012 |
V982221 |
$8,990,000 |
$-8,910,000 |
-50% |
March 23, 2013 |
V982221 |
$7,990,000 |
$-9,910,000 |
-55% |
May 30, 2013 |
V982221 |
$7,498,000 |
$-10,402,000 |
-58% |
September 04, 2013 |
V982221 |
$6,500,000 |
$-11,400,000 |
-64% |
Current Days on Market: 1158 (3.17years)
Current ‘Official’ Days on Market: 275
2012 Assessment: $6,130,000
2011 Assessment: $5,947,000
Desperation Score: 42.1
This magnificent WF estate on over 1/2 acre above Indian Arm’s most dramatic cliff & rock formations. This res is wrapped in 270 degrees of coastline vws. Exquisitely crafted, taking 6 painstaking yrs to perfect offering 12,922 sqft w/milled beams, slate roof, crafted w’dwork, natural stone & hardw’ds, vaulted ceilings, timber & steel beam constr, stone FP’s, Chef’s kit w/breakfast bar, EA, adj FR, grand DR priv study. Kids paradise down w/custom I/D bsketb’ll ct, state-of-the-art theatre, fabulous billiard rm w/wet bar, games rm w/professional dart board & air hockey arena. Most incredible hidden passage to a Old World wine cellar & guest accomm. BBQ centre, manicured lawns/gardens & OD F/P. A stunning work of art!
Hasn’t been really that long but it sure felt like it, I missed your blog very much,
Great to see you back !!!
These are great updates, so impressive and we trust these so much. Thanks! Date: Tue, 10 Sep 2013 17:21:39 +0000 To: gupta_aman19@hotmail.com
Many thanks!
Welcome back!
#27/22 are two of FIVE properties for sale in that building (according to MLS), as well as seven more within half a block.
Additionally, I’m still waiting to see houses around where I live in New West start dropping.
Welcome Back, Observer!
Hope you had a well deserved rest and are ready to let ‘er rip…LOL
Welcome Back you were missed.
#1 – 2888 Panorama Dr…
It’s got to be the wine cellar…viewers are freaking when they see it…LOL.
http://vancouverpeak.com/Thread-The-RE-Listing-Tipple-Award?pid=2547#pid2547
Must be the Aquilini Wine Collection that his wife wanted.
Great to see you back Observer! Think the next 8 months will be very interesting for real estate. Very thankful for your contributions!
Hey, hey, hey !!!
Welcome back.
Curious about other people’s opinions, but I personally haven’t seen much downward movement at all in the cost of single family dwellings under a million in Vancouver. We’ve all seen the big price drops and increasing inventory compared to sales in the burbs and in the multimillion dollar homes, but prices and sales in the 6-900K range seem to be pretty stable. I’m also thinking maybe that they’d be more resilient to a price drop than the glut of condos and higher priced homes. Tell me if you think I’m off base here.
@howlowcanyougo
This makes sense to me. A few factors are probably contributing.
First, the CMHC eligibility limit of $1M for insurance is probably pushing some that could have carried a $1M+ mortgage under the old rules into sub-million homes.
I don’t have any stats to back this up, but it seems that the supply of single family dwellings under a million (due to redevelopment and prices rising) have been dwindling for years. This would help put a floor under this specific market.
Seasonality may also be playing its part. For this market especially, the majority of purchasers are families with children. And they want their closing dates before school starts. More price support.
We will see in the coming months if some of these effects start to wear off. Also, the higher interest rates will, with a lag, start to take effect.
My very brief $.02 worth … yes, it’s condos that are really vulnerable as people figure out how expensive they actually are to own and how miserable life inside them often is. As for Vancouver, the word of the decade is densification. The economy may totter, but more people will just keep on coming and every residence will be rebuilt/allowed to house more people, so the nominal land value may well be stable. IMO every part of Vancouver will be densified beyond recognition except for Point Grey (where Gregor’s now living, whaddayaknow), which is going to be a gated community one way or another. So, I don’t think you’re off base, but you may well soon be off to the burbs with the rest of us.
I never gave up. I checked this site everyday. I knew you wouldn’t leave us…..
bailing in bc I dont see you on vci anymore good to here from you
father
I’m still lurking. I’ve moved to the big smoke and haven’t found the time to comment much. Thanks for caring Dad:-)
“dad” he he, big smoke?
I’m in West Vancouver. I thought I would lead the attack from the belly of the beast!
almost there, patience will prevail
nice to see observers site back
Glad to see you are back…..after refreshing your blog page daily all summer…. 🙂
Like a few others, I am mainly interested in the sub-1million market. If you can do a spotlight on that in the next few days/weeks, many of us are surely waiting to see if there’s any downward motion in the cost of detached family homes / or building sites outside of ….
Welcome back! Looking forward to the updates.
welcome back visiting it everyday to see if there a an update thank you so much.
Now I do not believe this blog… Winter is coming, so the price will drop.. and the blog will say that the burst is here… And then in next spring, this blog will stop posting as the price will go up.. See properties in this posting.. most of them are condos and townhouses.. and properties far from Vancouver city… This kind of information is worse than stupid and conning information from realtors..
maybe you should buy and let us know how it went in a year or 2
LOL! I can see that this is very stressful information for you so maybe you should just take off the bookmark to the site. You’re also missing the point. Most of the properties in the list are there because they were priced stupidly to begin with.
I understand you point, but it also delivers incorrect information.. as visitors in this blog may want to generalize this huge price drop… Why don’t you post the properties that sold over listing price or close to listing price? It seems that you do not like some criticisms from others..
Of course.. there are some stupid or opportunistic sellers who ridiculously over-priced their properties.. but you should not make a case from such listings.. I was a big fan of this blog, but I think that biased and distorted information is the worst.. and.. that is why I made a criticism. We need to look at overall statistics rather than top 30 or top 10 listings..
1) sales data isn’t publicly available
2) even if it was, “over list” means nothing. If I price a home $300K below market value and it sells above list price does that mean the market is doing great?
3) I can accept intelligent criticism – your posts lack that
4) You’ve read the URL, right? VancouverPriceDrop… I post drops in prices. You get it?
and to go back to your initial comment
5) No most of them are not condo’s and townhomes
6) West Vancouver, Vancouver and Coquitlam are 3 of the top 4 regions in the list and North Vancouver had multiple entries as well so no, most properties are not far from Vancouver City
7) “This kind of information is worse than stupid and conning information from realtors” – huh?
like I said, I can accept intelligent criticism
Ha ha, so your point is that a 64% drop from July (2010) to Sept (2013) is merely a seasonal thing? In that case we should all expect the price to pop right back up by $11.5 mill in the spring. I could of sworn that July was a low point seasonally in the market and that Sept was one of the higher points.
Perhaps North Vancouver is too far away from Vancouver City to fall into the “not” worse than stupid category? How does theory explain the properties on here that have been listed continuously for years, over all seasons and yet have not sold? Do you believe a possible explanation could be that they are over priced? Perhaps the property in the #1 position is a condominium and the owners and their realtor have not been told? I wonder if they have been basing their financial decisions on the assumption that they own an almost $18 million house close to the city, when in fact they own a rural condo that is presumably worth less than $6,500,000?
Too funny, BIBC
Hey, are you working on your graphs?
every body should check the ross kay site out
I’m getting er done, oh most illustrious one!
Speaking of stats and graphs, there seems to be something up with the Squamish inventory on the MLS. The total number of listings comes up as 391 yet when you brake it down to the individual categories (houses, townhouses, condos etc.) the total of all those categories only comes to 370. Mind you, there has always been a discrepancy between the two numbers, anywhere from 7 to 2 which is why I have always recorded both numbers. 21 points though, seems to me, to be extreme jiggery pokey.
See, this is what happens when I am not here to supervise!
so happy your back
Latest total government (federal, provincial, and municipal), business, and household debt statistics for Canada (to the end of June 2013)
http://stateofthecanadiannation.blogspot.ca/2013/09/latest-total-government-federal_13.html
Thank you for coming back!!! This site is very much appreciated and very entertaining.
So foreclosures( like Marine Drive property in West Van #5)-are they worth the agony! Do they usually sell for assessed?
Has anyone had exposure to fore closures? Are they worth the time ?
Cb re:foreclosures. In most cases that *I* have seen in the past few years(a few dozen) maybe one was considered a good deal…but not an exceptionally good deal. There are definitely risks and hassles involved. It is very common to have a property sell for over list price in court…and they are always as is where is. If you are considering one, get a better than average home inspector and be prepared to adjust your bid in court. 🙂