Vancouver Price Drop

Documenting Vancouver real estate price movements

Monthly Archives: January 2014

Weekly Drop Suburbs – January 29, 2014

Here are the 10 properties outside of Metro Vancouver (Vancouver West, Vancouver East, Burnaby, Richmond, North Vancouver and West Vancouver) that changed their price or were relisted under a new MLS number the previous 1 week AND have dropped the largest percentage overall from their original asking price.



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

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

f1401760_1

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

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


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

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

f1322686_1

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

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


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

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

No Image

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

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


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

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

f1311892_1

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

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


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

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

f1326241_1

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

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


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

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

f1401330_1

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

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


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

March 18, 2008 F2807078 $379,000 $0 0%
April 01, 2008 F2807078 $359,000 $-20,000 -5%
April 30, 2008 F2807078 $329,000 $-50,000 -13%
September 05, 2008 F2807078 removed after 171 days
January 16, 2014 F1327408 $229,000 $-150,000 -40%
January 29, 2014 F1327408 $219,000 $-160,000 -42%

No Image

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

The views at Infinity Towers are unobstructed and unmatched. This concrete high rise is the best value in the lower mainland by far. Located beside the King George Skytrain Station, destinations throughout Vancouver area are an easy commute. Whether it’s for work or play the Skytrain makes for car free living. An urban village with shops, services and cafes will be at your door step to provide you with daily conveniences. Nearby major developments happening such as Surrey Memorial Hospital Expansion, RCMP Headquarters and the new Surrey City Hall, etc.


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

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

v1029683_1

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

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


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

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

v1038918_1

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

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


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

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

v1029180_1

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

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

Weekly Drop Metro Vancouver Attached – January 28, 2014

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


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

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

v1042854_1

Current Days on Market: 524 (1.44years)
Current ‘Official’ Days on Market: 7
2013 Assessment: $580,000
Desperation Score: 17.7

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


#9 ) Address:# 702 444 LONSDALE AV, Lower Lonsdale, North Vancouver

February 02, 2011 V866491 $359,000 $0 0%
May 15, 2011 V866491 $349,000 $-10,000 -3%
July 01, 2011 V866491 removed after 149 days
July 16, 2011 V900156 $335,000 $-24,000 -7%
November 01, 2011 V900156 removed after 108 days
January 27, 2012 V927990 $379,000 $0 0%
April 03, 2012 V927990 removed after 67 days
April 09, 2012 V941843 $369,900 $-9,100 -2%
June 01, 2012 V941843 removed after 53 days
June 08, 2012 V955235 $349,000 $-30,000 -8%
June 29, 2012 V955235 removed after 21 days
July 29, 2013 V1019828 $449,900 $0 0%
November 05, 2013 V1019828 removed after 99 days
January 27, 2014 V1043533 $344,000 $-105,900 -24%

v1043533_1

Current Days on Market: 184 (0.50years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $341,000
Desperation Score: 14.7

Renovated home offering unobstructed panoramic VIEWS to Burrard Inlet & Downtown Vancouver. Completely professionally upgraded in 2012 to a distinctive quality. This bright, SE corner suite boasts a spacious bedroom with large W/I closet & a superb layout that accommodates house sized furniture. An oversized tile balcony off the living room offers the perfect place for bbq’s & morning coffee. Enjoy a semi-open concept kitchen w/ tile backsplash, glazed kitchen cabinets, granite countertops & new S/S appliances. Other updates include a fully tiled bath w/ new tub, toilet & custom glass vanity, new laminate floor, & new window coverings. Amenities incl an outdoor pool, hot tub, sauna, gym & meeting room. Call to view!


#8 ) Address:# 1501 1159 MAIN ST, Mount Pleasant, Vancouver East

September 21, 2008 V734920 $1,150,000 $0 0%
February 26, 2009 V734920 $950,000 $-200,000 -17%
September 09, 2009 V734920 removed after 353 days
April 09, 2010 V820466 $1,049,000 $-101,000 -9%
June 22, 2010 V820466 removed after 74 days
June 25, 2010 V838848 $999,900 $-150,100 -13%
November 23, 2010 V838848 $1,100,000 $-50,000 -4%
January 01, 2011 V838848 removed after 190 days
July 17, 2011 V900407 $1,298,000 $0 0%
January 04, 2012 V900407 $1,198,800 $-99,200 -8%
April 03, 2012 V900407 removed after 261 days
April 09, 2012 V941599 $1,150,000 $-148,000 -11%
October 25, 2012 V941599 $1,050,000 $-248,000 -19%
August 30, 2013 V941599 $978,000 $-320,000 -25%
December 28, 2013 V941599 removed after 628 days
January 27, 2014 V1043758 $990,000 $-308,000 -24%

v1043758_1

Current Days on Market: 927 (2.54years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $905,000
2011 Assessment: $942,000
Desperation Score: 15.8

City Gate. Over 1800 SF Penthouse. 280 degree stunning view of False Creek & city lights. Recent bldg. upgrades:elevators & piping. Original owner. Very well kept. 3 bedrooms. Formal living & dining. Gourmet kitchen, nook. 3 balconies. 3 parking. (#160, 161,162 P2) Oversized storage locker (#160 P1). Walk to skytrain, Science World & False Creek Seawall. Pet allowed/rest. Rental allowed. Immed. occupancy!


#7 ) Address:# 312 4345 GRANGE ST, Central Park, Burnaby

October 03, 2006 V611455 $199,800 $0 0%
October 29, 2006 V611455 $194,800 $-5,000 -3%
January 20, 2007 V611455 $192,800 $-7,000 -4%
March 23, 2007 V611455 removed after 171 days
April 21, 2010 V823468 $239,900 $0 0%
May 12, 2010 V823468 removed after 21 days
December 16, 2011 V922515 $263,900 $0 0%
March 14, 2012 V922515 removed after 89 days
May 05, 2012 V947860 $249,900 $-14,000 -5%
June 26, 2012 V947860 $229,900 $-34,000 -13%
July 30, 2012 V947860 removed after 86 days
November 25, 2012 V981189 $221,500 $-42,400 -16%
January 29, 2013 V981189 $209,500 $-54,400 -21%
March 29, 2013 V981189 $199,800 $-64,100 -24%
April 09, 2013 V981189 removed after 135 days
January 22, 2014 V1042790 $199,888 $-64,012 -24%

v1042790_1

Current Days on Market: 7 (0.02years)
Current ‘Official’ Days on Market: 7
2013 Assessment: $199,400
Desperation Score: 9.5

Unit can be rented! Top floor! Long list of renos on this top floor oversize 763 SF suite! New sundeck, new exterior/interior painting. Black galaxie granite counters, newer cabinets, new mirror bifolds, new hi-end bathroom, rippled engineer wood plank flooring. Dishwasher/garburator/ceiling fan. Semi-ensuite bathroom, new light fixtures. You won’t be disappointed shows perfect! Block to Metrotown/Kingsway & all amenities.


#6 ) Address:# 502 535 SMITHE ST, Downtown, Vancouver West

November 04, 2011 V918481 $1,195,000 $0 0%
December 21, 2011 V918481 removed after 47 days
January 27, 2012 V927976 $1,095,000 $-100,000 -8%
May 07, 2012 V927976 removed after 101 days
October 17, 2013 V1032147 $969,900 $-225,100 -19%
December 17, 2013 V1032147 $899,900 $-295,100 -25%
January 04, 2014 V1032147 removed after 79 days
January 22, 2014 V1042880 $899,900 $-295,100 -25%

v1042880_1

Current Days on Market: 104 (0.28years)
Current ‘Official’ Days on Market: 7
2013 Assessment: $726,000
2011 Assessment: $740,000
Desperation Score: 23.8

THE DOLCE PRIVATE COLLECTION amazing customized suite. The beauty of this suite is enhanced with over $80,000 of upgrades for the ultimate ambiance. For the sophisticated buyer featuring: gourmet European kitchen, custom Caesar stonecountertops, high end S/S appliances, H/W flooring throughout except bedrooms with wool carpeting, all custom mill work closet organizers with Italian hrdwre, glass & wood veneer panels, Duravit vessel counter sink with water fall faucet, floating Quartz countertop, pre-wired sound throughout, remote lighting. Both bthrms are designed for a spa-like feel. Master ensuite furnished with additional custom shelving & heated tower bar. Rare massive 500 sq ft + outdoor patio/deck perfect for entertaining


#5 ) Address:# 521 666 LEG IN BOOT SQ, False Creek, Vancouver West

December 10, 2012 V982254 $604,000 $0 0%
March 05, 2013 V982254 $560,000 $-44,000 -7%
August 10, 2013 V982254 $475,000 $-129,000 -21%
December 28, 2013 V982254 removed after 383 days
January 22, 2014 V1042717 $450,000 $-154,000 -25%

v1042717_1

Current Days on Market: 415 (1.14years)
Current ‘Official’ Days on Market: 7
2013 Assessment: $580,000
2011 Assessment: $596,000
Desperation Score: 18.2

Superior 180 degree view! Two bedrooms, one baths plus den. Extra storage adjacent to suite. One covered and secure parking stall. One pet (44lbs) and rentals ok. Outstanding council, well managed. Concrete building. COV lease to 2036.


#4 ) Address:# 203 120 E 4TH ST, Lower Lonsdale, North Vancouver

February 07, 2010 V808535 $269,900 $0 0%
March 06, 2010 V808535 $259,900 $-10,000 -4%
April 06, 2010 V808535 removed after 58 days
May 13, 2010 V829658 $259,900 $-10,000 -4%
May 25, 2010 V829658 removed after 12 days
June 30, 2011 V897004 $259,900 $-10,000 -4%
September 09, 2011 V897004 $254,900 $-15,000 -6%
September 20, 2011 V897004 $250,000 $-19,900 -7%
December 15, 2011 V897004 removed after 168 days
January 08, 2012 V924027 $249,900 $-20,000 -7%
January 31, 2012 V924027 $244,900 $-25,000 -9%
March 02, 2012 V924027 $239,900 $-30,000 -11%
April 08, 2012 V924027 removed after 91 days
April 18, 2012 V943727 $244,900 $-25,000 -9%
June 13, 2012 V943727 removed after 56 days
July 23, 2012 V963443 $239,900 $-30,000 -11%
September 05, 2012 V963443 $233,900 $-36,000 -13%
September 11, 2012 V963443 $229,900 $-40,000 -15%
September 18, 2012 V963443 $219,900 $-50,000 -19%
February 01, 2013 V963443 removed after 193 days
February 13, 2013 V989772 $219,900 $-50,000 -19%
March 07, 2013 V989772 $216,900 $-53,000 -20%
April 04, 2013 V989772 $209,900 $-60,000 -22%
June 30, 2013 V989772 removed after 137 days
July 10, 2013 V1016744 $210,000 $-59,900 -22%
October 30, 2013 V1016744 removed after 112 days
November 23, 2013 V1036663 $209,000 $-60,900 -23%
January 17, 2014 V1036663 $205,000 $-64,900 -24%
January 28, 2014 V1036663 $200,000 $-69,900 -26%

v1036663_1

Current Days on Market: 944 (2.59years)
Current ‘Official’ Days on Market: 67
2013 Assessment: $189,500
Desperation Score: 16.9

Tremendous value with his spacious 664sq/ft 1 bedroom suite in a well run mostly owner occupied building steps to Lonsdale, easy walk to Lonsdale Quay & Sea bus. The suite has been well maintained by resident owner with updates in kitchen/bathroom & laminate floors. Enclosed balcony is perfect to enjoy your morning coffee or create a den. Take in the private treed outlook. Parking, locker & 1 dog/cat allowed. The roof was replaced recently & plumbing updated. Call today for your private showing or come along to our OPEN HOUSE on SATURDAY 1ST FEBRUARY from 2PM-4PM.


#3 ) Address:# 1507 980 COOPERAGE WY, Yaletown, Vancouver West

February 22, 2008 V690220 $1,118,000 $0 0%
March 28, 2008 V690220 $1,088,000 $-30,000 -3%
May 17, 2008 V690220 $1,038,000 $-80,000 -7%
July 18, 2008 V690220 $978,000 $-140,000 -13%
October 01, 2008 V690220 removed after 222 days
July 01, 2011 V897312 $939,900 $-178,100 -16%
January 01, 2012 V897312 removed after 184 days
February 26, 2012 V933908 $879,000 $-239,000 -21%
September 01, 2012 V933908 removed after 188 days
January 23, 2014 V1043084 $818,000 $-300,000 -27%

v1043084_1

Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2013 Assessment: $760,000
2011 Assessment: $779,000
Desperation Score: 10.5

and the vibrant False Creek seawall from this boutique style building with only 86 suites. Unwind at Esprit City Club’s


 

#2 ) Address:# 1203 5989 WALTER GAGE RD, University, Vancouver West

December 21, 2007 V681455 $1,390,000 $0 0%
April 01, 2008 V681455 $1,360,000 $-30,000 -2%
September 07, 2008 V681455 removed after 261 days
July 02, 2011 V897697 $1,450,000 $0 0%
November 16, 2011 V897697 $1,390,000 $-60,000 -4%
December 28, 2011 V897697 removed after 179 days
January 11, 2012 V924494 $1,370,000 $-80,000 -6%
March 24, 2012 V924494 $1,290,000 $-160,000 -11%
May 14, 2012 V924494 removed after 124 days
July 07, 2012 V960581 $1,868,000 $0 0%
October 13, 2012 V960581 $2,186,000 $0 0%
March 01, 2013 V960581 removed after 237 days
March 27, 2013 V997597 $1,738,000 $-448,000 -20%
April 30, 2013 V997597 $1,638,000 $-548,000 -25%
May 09, 2013 V997597 $1,678,000 $-508,000 -23%
August 01, 2013 V997597 $1,638,000 $-548,000 -25%
August 01, 2013 V997597 removed after 127 days
August 22, 2013 V1023241 $1,598,000 $-588,000 -27%
January 16, 2014 V1023241 $1,668,000 $-518,000 -24%
January 22, 2014 V1023241 $1,568,000 $-618,000 -28%

v1023241_1

Current Days on Market: 942 (2.58years)
Current ‘Official’ Days on Market: 160
2013 Assessment: $1,275,000
2011 Assessment: $1,340,000
Desperation Score: 36.7

View! View! View! RARELY AVAIL High-rise corner unit w. breathtaking 270 dgr VIEWs to S/W/N/. Prestigious Corus in UBC. Spacious 2 bedroom 2 bath (1425sqt).House sized living and family room. High end stainless steel kitchen appliances, Granite entrance. Huge balcony approx.250 sqt. Both master bedroom and the 2nd bedroom have bright southern exposure. Walking distance to famous Chan Centre, Museum of Anthropology, campus. ID/OD pools, beach and Pacific Spirit Park.Bonus 3 parking stalls! Close to top public and private schools. Good school catchment: U-hill Elementary and Secondary. Don’t miss out!


 

#1 ) Address:# 101 8975 JONES RD, Brighouse South, Richmond

May 12, 2012 V949738 $268,000 $0 0%
June 29, 2012 V949738 $259,000 $-9,000 -3%
January 01, 2013 V949738 removed after 234 days
August 29, 2013 V1024190 $232,000 $-36,000 -13%
September 28, 2013 V1024190 $220,000 $-48,000 -18%
October 29, 2013 V1024190 $208,500 $-59,500 -22%
November 23, 2013 V1024190 removed after 86 days
November 29, 2013 V1037400 $199,000 $-69,000 -26%
December 28, 2013 V1037400 $194,800 $-73,200 -27%
January 27, 2014 V1037400 $188,800 $-79,200 -30%

v1037400_1

Current Days on Market: 153 (0.42years)
Current ‘Official’ Days on Market: 61
2013 Assessment: $244,900
2011 Assessment: $255,100
Desperation Score: 21.1

REGENTS GATE – Age 19+ adult oriented community. 1 bedroom end unit overlooking fountain and grand courtyard of thecomplex. Laminated hardwood flooring throughout. Gas Fireplace, Insuite Laundry. Spacious master bedroom with walk incloset and ensuite. Maintenance fee includes heat, gas and hot water. Rainscreened building with newer roof. Great facilitiesincluding recreation room, exercise room, whirlpool, guest suite. Close to transit and school. Please DO NOT touch base.


 

Weekly Drop Metro Vancouver Detached – January 27, 2014

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

Half the homes on the list are from Richmond with West Vancouver and Vancouver West both appearing a couple of times


#10 ) Address:6229 ST GEORGES PL, Gleneagles, West Vancouver

September 06, 2012 V969123 $2,598,000 $0 0%
January 23, 2013 V969123 removed after 139 days
January 25, 2013 V987160 $2,398,000 $-200,000 -8%
July 23, 2013 V987160 removed after 179 days
August 01, 2013 V1020074 $2,098,000 $-500,000 -19%
January 23, 2014 V1020074 removed after 175 days
January 27, 2014 V1043676 $1,998,000 $-600,000 -23%

v1043676_1

Current Days on Market: 509 (1.39years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $1,468,000
Desperation Score: 26.4

A magnificent estate on a parklike, priv 1/3 acre w/160′ frontage. Beautifully renovated & meticulously maintained. Bright, open flrpln on 2 levels w/brilliant ocean views! Approx 2,934 sqft w/4 lg bedrooms incl a wonderful master & ensuite on mn, rich H/W flrs, 3 bthrms, lg picture windows, spacious living area, custom kit w/brkfst bar & adj dining area – all opening out to a sundrenched veranda overlooking breathtaking gardens, intimate courtyards & 5-hole putting green. Down fully finished w/rec rm & guest bedrooms. Walking dist to Gleneagles Golf Course, Community Centre & Thunderbird Marina, this incredible res is incomparable value & is only mins to shopping & just 1-hour drive to Whistler Ski Resort. Absolutely stunning!


#9 ) Address:8311 DALEMORE RD, Seafair, Richmond

January 24, 2008 V684922 $668,000 $0 0%
February 09, 2008 V684922 $638,000 $-30,000 -4%
March 07, 2008 V684922 removed after 43 days
July 09, 2011 V898916 $1,098,000 $0 0%
July 29, 2011 V898916 $998,000 $-100,000 -9%
November 01, 2011 V898916 removed after 115 days
March 16, 2012 V937524 $938,800 $-159,200 -14%
May 17, 2012 V937524 $899,900 $-198,100 -18%
September 16, 2012 V937524 removed after 184 days
January 27, 2014 V1043543 $839,900 $-258,100 -24%

v1043543_1

Current Days on Market: 1 (0.00years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $950,300
2011 Assessment: $1,128,300
Desperation Score: 10.2

4 bedroom, 2 full bath home on big 9,359 sq. ft. SW pie-shaped lot in Seafair. Open plan on main offers free flow between living, dining and kitchen areas. Recently renovated kitchen: granite countertops and food island with cooktop; ceramic backsplash; S/S appliances and tiled floor. Deluxe main bath: jetted tub with stone tile surround, double sinks with granite countertop, electric fireplace and hi-end Japanese toilet. Full bath down off bedroom. Elegant tiled fioor. Newly refinished cedar sundeck off kitchen with stairs down to large patio in backyard garden. Front yard balcony off living room to take inthe morning sun. Wonderful home with the artist in mind: loads of light, rich oak floorings, open and serene.


#8 ) Address:5850 GRANVILLE ST, South Granville, Vancouver West

December 02, 2010 V859928 $1,988,000 $0 0%
April 05, 2011 V859928 $2,388,000 $0 0%
October 12, 2011 V859928 removed after 314 days
March 10, 2012 V936528 $2,600,000 $0 0%
December 16, 2012 V936528 removed after 281 days
April 12, 2013 V1000217 $2,488,000 $-112,000 -4%
October 22, 2013 V1000217 $2,188,000 $-412,000 -16%
January 22, 2014 V1000217 $1,988,000 $-612,000 -24%

v1000217_1

Current Days on Market: 1153 (3.16years)
Current ‘Official’ Days on Market: 291
2013 Assessment: $1,316,700
2011 Assessment: $1,378,700
Desperation Score: 25.4

Possible future assembly with neighbours for development. ARKS plan adopted by City suggests Senior’s Housing. Call LS for details. NOW PRICE REDUCED TO HOUSE VALUE, SO RENOVATE TO LIVE IN OR RENT OUT AND HOLD; OR BUILD NEW. NOTE LOT SIZE. No long term subject clauses wrt due diligence or rezoning. Sale is “as is where is”. Do not enter property nor disturb occupant. Sale by PoA so leave time for acceptance. All measurements are pending and should be confirmed by Buyer if important. Neither Seller nor LS make any representations regarding condition. 2 BR + full bath on main + 3 BR + full bath up. Large rooms. Measurements pending. Full unfinished bsmt. No sign.


#7 ) Address:8180 SEAFAIR DR, Seafair, Richmond

March 31, 2010 V818298 $838,000 $0 0%
April 10, 2010 V818298 $795,000 $-43,000 -5%
August 01, 2010 V818298 removed after 123 days
February 20, 2011 V870601 $899,000 $0 0%
February 26, 2011 V870601 $950,000 $0 0%
March 10, 2011 V870601 removed after 18 days
May 21, 2013 V1007371 $2,880,000 $0 0%
August 09, 2013 V1007371 $2,688,000 $-192,000 -7%
November 07, 2013 V1007371 removed after 170 days
November 15, 2013 V1035982 $2,368,000 $-512,000 -18%
January 27, 2014 V1035982 $2,188,000 $-692,000 -24%

v1035982_1

Current Days on Market: 252 (0.69years)
Current ‘Official’ Days on Market: 74
2013 Assessment: $1,623,000
Desperation Score: 30.6

Top quality custom built house in a very desirable location-Seafair Drive. 4 bedrooms up all with washrooms. An in-law suit with separate entrance. Stone exterior, grand foyer extra high ceiling with crystal chandelier, European kitchencabinets, stainless steel appliances, beautiful open kitchen and good size wok-kitchen, 6 parkings spaces in total, south north facing with large patio to enjoy sunshine and good company. Walking distance to schools and West Dyke trail. Come to see it, you will love it.


#6 ) Address:4570 EPPS AV, Deep Cove, North Vancouver

October 17, 2007 V674025 $1,650,000 $0 0%
November 27, 2007 V674025 removed after 41 days
March 12, 2012 V936732 $2,500,000 $0 0%
July 10, 2012 V936732 $2,375,000 $-125,000 -5%
August 15, 2012 V936732 removed after 156 days
August 29, 2012 V968382 $2,350,000 $-150,000 -6%
October 31, 2012 V968382 removed after 63 days
November 21, 2012 V980798 $2,348,800 $-151,200 -6%
January 29, 2013 V980798 removed after 69 days
February 01, 2013 V988279 $2,198,800 $-301,200 -12%
April 09, 2013 V988279 removed after 67 days
April 17, 2013 V1001565 $1,998,000 $-502,000 -20%
October 29, 2013 V1001565 removed after 195 days
November 03, 2013 V1034244 $1,948,800 $-551,200 -22%
January 20, 2014 V1034244 removed after 78 days
January 27, 2014 V1043406 $1,898,000 $-602,000 -24%

v1043406_1

Current Days on Market: 687 (1.88years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $1,815,000
Desperation Score: 31.0

On top of the world with one of the best waterfront views in the Cove! Sunny and bright property overlooking everything… Lovely renovated 3 bedroom home post and beam with flat walk-in access to the house and complete privacy. Protected dock for your boat. A rare find in this price range! OPEN HOUSE: Sunday, Jan 26th, 3-4:30PM.


#5 ) Address:9111 PINEWELL CR, Saunders, Richmond

May 02, 2008 V705363 $699,000 $0 0%
May 17, 2008 V705363 $669,000 $-30,000 -4%
July 21, 2008 V705363 removed after 80 days
April 26, 2009 V763330 $558,000 $-141,000 -20%
May 07, 2009 V763330 removed after 11 days
August 15, 2009 V781873 $738,000 $0 0%
November 16, 2009 V781873 removed after 93 days
February 24, 2010 V811248 $783,000 $0 0%
March 17, 2010 V811248 removed after 21 days
January 25, 2012 V927519 $2,388,000 $0 0%
October 26, 2012 V927519 $2,198,000 $-190,000 -8%
January 01, 2013 V927519 removed after 342 days
January 23, 2013 V986450 $1,798,000 $-590,000 -25%
February 28, 2013 V986450 $1,838,000 $-550,000 -23%
December 17, 2013 V986450 removed after 328 days
January 23, 2014 V1043004 $1,799,000 $-589,000 -25%

v1043004_1

Current Days on Market: 734 (2.01years)
Current ‘Official’ Days on Market: 5
2013 Assessment: $1,538,000
2011 Assessment: $1,428,000
Desperation Score: 19.4

Absolutely superb in Saunders area-one of the most sought after areas to live in Richmond and this house has it all. Main floor with high ceilings, designer drops, extensive use of crown mouldings, baseboards granite and tile work. Huge living room, dining room, kitchen, wok kitchen, rec room (18×15), complete home theatre, 1 bedroom with ensuite and a prayer room with central air conditioning, HRV, built in vacuum, alarm, security camera, 3 car garage and much much more! Compare and contrast, very well priced.


#4 ) Address:3656 MCKECHNIE AV, West Bay, West Vancouver

August 10, 2011 V904258 $14,998,000 $0 0%
February 29, 2012 V904258 removed after 203 days
October 27, 2012 V978338 $13,900,000 $-1,098,000 -7%
September 14, 2013 V978338 $11,998,000 $-3,000,000 -20%
January 23, 2014 V978338 removed after 453 days
January 27, 2014 V1043665 $10,998,000 $-4,000,000 -27%

v1043665_1

Current Days on Market: 458 (1.25years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $3,550,800
Desperation Score: 25.9

DEVELOPMENT OPPORTUNITY! A spectacular almost 1.7 acre water view estate comprised of 3 legal pptys offering sensational southern ocean, city & coastline vws from Mt.Baker to Point Grey. 294′ frontage. Compl priv, tranquil gardens, lush vegetation & gorgeous rock outcroppings. Detailed surveys & plans for stunning new 12,000 sqft mansion – designed by Award Winning architect, Brad Lamoureux. Mins to Dundarave Village & dwntwn Van, the ppty has an existing res cosmetically remodeled w/sprawling flrpln opening out to sunfilled terrace overlooking the priv gardens & smashing views. A fabulous interim rental. Magnificent oppt’y to acquire one of West Van’s premier Estates & to develop your own luxurious, World Class Residence!


#3 ) Address:3117 W 45TH AV, Kerrisdale, Vancouver West

November 15, 2007 V677717 $2,968,000 $0 0%
January 02, 2008 V677717 removed after 48 days
June 05, 2011 V892507 $4,978,000 $0 0%
October 13, 2011 V892507 removed after 130 days
March 22, 2013 V996880 $4,188,000 $-790,000 -16%
May 12, 2013 V996880 removed after 51 days
May 30, 2013 V1009585 $3,680,000 $-1,298,000 -26%
August 01, 2013 V1009585 removed after 63 days
August 05, 2013 V1020826 $3,680,000 $-1,298,000 -26%
January 22, 2014 V1020826 removed after 170 days
January 27, 2014 V1043874 $3,500,000 $-1,478,000 -30%

2604448590

Current Days on Market: 312 (0.85years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $3,238,000
2011 Assessment: $3,144,000
Desperation Score: 30.4


#2 ) Address:9671 HADDON CT, Lackner, Richmond

October 29, 2006 V618470 $895,000 $0 0%
November 14, 2006 V618470 removed after 16 days
August 12, 2013 V1021864 $2,280,000 $0 0%
September 28, 2013 V1021864 $1,988,888 $-291,112 -13%
October 18, 2013 V1021864 removed after 67 days
December 02, 2013 V1037632 $1,888,000 $-392,000 -17%
December 17, 2013 V1037632 $1,788,000 $-492,000 -22%
January 16, 2014 V1037632 $1,688,000 $-592,000 -26%
January 22, 2014 V1037632 $1,588,000 $-692,000 -30%

v1037632_1

Current Days on Market: 169 (0.46years)
Current ‘Official’ Days on Market: 57
2013 Assessment: $1,348,000
2011 Assessment: $1,427,000
Desperation Score: 46.2

Stunning 3891 sq ft home on a park like 12,567 sq ft lot. Totally redone sunny South West exposed back yard with brand new swimming pool, tiled walkways & sitting areas all beautifully landscaped in a resort like setting. In total there are 6 bedrooms plus games room with 3.5 bathrooms. Main floor conveniently has a bedroom with full ensuite great for the nanny or elderly. Excellent floor plan with large entertainment sized rooms & double staircase. Perfectly located in a quiet cul-de-sac just half a block from Wowk Elementary School & Park.


#1 ) Address:6428 CHELMSFORD ST, Granville, Richmond

October 23, 2011 V917053 $2,398,000 $0 0%
July 24, 2012 V917053 removed after 275 days
July 26, 2012 V963719 $1,800,000 $-598,000 -25%
February 01, 2013 V963719 removed after 190 days
March 31, 2013 V998365 $1,750,000 $-648,000 -27%
December 28, 2013 V998365 removed after 272 days
January 27, 2014 V1043394 $1,668,000 $-730,000 -30%

v1043394_1

Current Days on Market: 828 (2.27years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $1,436,000
2011 Assessment: $1,597,000
Desperation Score: 18.8

Come and see this magnificent house in a quite neighborhood of Granville area. Shiny chandelier in the high ceiling entrance hall. Two living rooms with luxurious finishing. An Oversized kitchen has a large island and is accompanied with two dining area. Jacuzzi and sauna room in the main floor for your relax. A huge master room has a walk-in closet and an extravagant ensuite bathroom. There is an unique hallway with an arch shape skylight in the upper level. Large backyard and BBQ area for parties!