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.
3 of the top 10 from White Rock
#10 ) Address:# 130 14500 MORRIS VALLEY RD, Lake Erock, Mission
August 23, 2008 |
F2824918 |
$134,900 |
$0 |
0% |
October 01, 2009 |
F2824918 |
removed after 404 days |
January 08, 2010 |
F1000440 |
$134,900 |
$0 |
0% |
April 26, 2010 |
F1000440 |
$127,500 |
$-7,400 |
-5% |
May 20, 2010 |
F1000440 |
$120,000 |
$-14,900 |
-11% |
July 10, 2010 |
F1000440 |
$115,000 |
$-19,900 |
-15% |
August 12, 2010 |
F1000440 |
$110,000 |
$-24,900 |
-18% |
January 02, 2011 |
F1000440 |
removed after 359 days |
January 07, 2011 |
F1100172 |
$109,900 |
$-25,000 |
-19% |
January 01, 2012 |
F1100172 |
removed after 359 days |
January 28, 2012 |
F1202386 |
$102,500 |
$-32,400 |
-24% |
January 01, 2013 |
F1202386 |
removed after 339 days |
January 05, 2013 |
F1300120 |
$89,900 |
$-45,000 |
-33% |
December 28, 2013 |
F1300120 |
removed after 357 days |
February 08, 2014 |
F1402832 |
$85,900 |
$-49,000 |
-36% |
Current Days on Market: 2000 (5.48years)
Current ‘Official’ Days on Market: 5
2013 Assessment: $86,200
Desperation Score: 7.7
It took 5 and a half years to list it below assessment but now they have finally done it. Will it be enough?
Opportunity knocks on this blowout price! Full serviced lot in prestigious Eagle Point subdivision offering you a fantastic view of the surrounding mountains & the Harrison River. This subdivision is next door to the beautiful Sandpiper Golf Course, with all forms of recreation right at your doorstep. Golfing, fishing, hiking, boating & skiing at Hemlock Valley Resort are within minutes of this fabulous location. Plenty of RV parking available as well. Call to view, as this setting affords you the lifestyle you deserve!!! Check out video of this beautiful setting on agents website. * PREC – Personal Real Estate Corporation
#9 ) Address:# 110 27358 32ND AV, Aldergrove, Langley
November 19, 2011 |
F1128075 |
$219,900 |
$0 |
0% |
January 24, 2012 |
F1128075 |
$214,900 |
$-5,000 |
-2% |
February 25, 2012 |
F1128075 |
$209,900 |
$-10,000 |
-5% |
March 16, 2012 |
F1128075 |
removed after 118 days |
March 22, 2012 |
F1207153 |
$197,900 |
$-22,000 |
-10% |
June 04, 2012 |
F1207153 |
removed after 74 days |
June 13, 2012 |
F1215367 |
$188,800 |
$-31,100 |
-14% |
September 29, 2012 |
F1215367 |
$184,800 |
$-35,100 |
-16% |
December 14, 2012 |
F1215367 |
$172,800 |
$-47,100 |
-21% |
December 27, 2012 |
F1215367 |
removed after 197 days |
October 17, 2013 |
F1323737 |
$159,900 |
$-60,000 |
-27% |
December 05, 2013 |
F1323737 |
$152,900 |
$-67,000 |
-30% |
December 19, 2013 |
F1323737 |
$146,900 |
$-73,000 |
-33% |
December 28, 2013 |
F1323737 |
removed after 72 days |
January 17, 2014 |
F1401056 |
$143,900 |
$-76,000 |
-35% |
February 10, 2014 |
F1401056 |
$139,900 |
$-80,000 |
-36% |
Current Days on Market: 119 (0.33years)
Current ‘Official’ Days on Market: 27
2013 Assessment: $166,900
Desperation Score: 19.3
Court Ordered Sale – Ground level, 3 bedroom apartment located in the heart of Aldergrove. Walking distance to shopping, all amenities and schools. Needs some tender loving care.
Court Ordered Sale that needs some TLC
#8 ) Address:2182 CLEARBROOK RD, Abbotsford West, Abbotsford
August 16, 2008 |
F2824343 |
$553,000 |
$0 |
0% |
January 02, 2009 |
F2824343 |
removed after 139 days |
July 23, 2011 |
F1118715 |
$429,000 |
$-124,000 |
-22% |
January 01, 2012 |
F1118715 |
removed after 162 days |
January 29, 2014 |
F1402029 |
$399,900 |
$-153,100 |
-28% |
February 08, 2014 |
F1402029 |
$349,900 |
$-203,100 |
-37% |
Current Days on Market: 15 (0.04years)
Current ‘Official’ Days on Market: 15
2013 Assessment: $331,000
Desperation Score: 15.6
Great holding property on high traffic area of Clearbrook Road. O.C.P. designates as future commercial. Valuable corner holding property close to new freeway interchange. Operate your business from here…home is in good condition, full basement 3 bathroom 4 bedrooms rented to quality tenants wanting to stay if possible. Call lister for more information.
#7 ) Address:# 1305 15152 RUSSELL AV, White Rock, White Rock
February 05, 2009 |
F2902081 |
$312,000 |
$0 |
0% |
February 20, 2009 |
F2902081 |
removed after 15 days |
March 02, 2011 |
F1105330 |
$219,000 |
$-93,000 |
-30% |
March 10, 2011 |
F1105330 |
removed after 8 days |
November 10, 2011 |
F1127261 |
$344,900 |
$0 |
0% |
February 10, 2012 |
F1127261 |
removed after 92 days |
March 26, 2012 |
F1207518 |
$344,900 |
$0 |
0% |
May 11, 2012 |
F1207518 |
removed after 46 days |
August 11, 2012 |
F1220496 |
$349,500 |
$0 |
0% |
March 01, 2013 |
F1220496 |
removed after 202 days |
March 16, 2013 |
F1306018 |
$259,000 |
$-90,500 |
-26% |
April 16, 2013 |
F1306018 |
removed after 31 days |
June 15, 2013 |
F1314180 |
$239,000 |
$-110,500 |
-32% |
July 20, 2013 |
F1314180 |
$229,000 |
$-120,500 |
-34% |
December 02, 2013 |
F1314180 |
removed after 170 days |
February 08, 2014 |
F1402814 |
$219,000 |
$-130,500 |
-37% |
Current Days on Market: 826 (2.26years)
Current ‘Official’ Days on Market: 5
2012 Assessment: $248,000
2011 Assessment: $251,000
Desperation Score: 16.8
Must Sell!!! Priced much below the assessed value for a quick sale. Unit is vacant and priced for immediate occupancy. Welcome to the Miramar Village luxury executive bachelor suite built by the Bosa Properties which offers high end appliances, large built in murphy bed, heated floors, A/C, full size washer/dryer, lots of storage, high end finishing thru-out plus breathtaking North Shore Mountain, City and Golden Ears Views. Convenient urban village location with all the amenities including transportation, restaurants, and shopping right outside your front door. Call today! At this unbelievable price it won’t last long! * PREC – Personal Real Estate Corporation
Must Sell!!! Priced much below the assessed value for a quick sale. At this unbelievable price it won’t last long!
#6 ) Address:# 404 5099 SPRINGS BV, Cliff Drive, Tsawwassen
August 07, 2011 |
V903922 |
$1,199,000 |
$0 |
0% |
September 14, 2011 |
V903922 |
$1,149,000 |
$-50,000 |
-4% |
October 21, 2011 |
V903922 |
$979,000 |
$-220,000 |
-18% |
February 21, 2012 |
V903922 |
$869,000 |
$-330,000 |
-28% |
July 13, 2012 |
V903922 |
$799,000 |
$-400,000 |
-33% |
July 17, 2012 |
V903922 |
removed after 345 days |
July 21, 2012 |
V963185 |
$799,000 |
$-400,000 |
-33% |
April 17, 2013 |
V963185 |
$779,000 |
$-420,000 |
-35% |
August 01, 2013 |
V963185 |
removed after 376 days |
August 14, 2013 |
V1022191 |
$779,000 |
$-420,000 |
-35% |
December 19, 2013 |
V1022191 |
$759,000 |
$-440,000 |
-37% |
February 11, 2014 |
V1022191 |
$739,000 |
$-460,000 |
-38% |
Current Days on Market: 921 (2.52years)
Current ‘Official’ Days on Market: 183
2013 Assessment: $643,000
2011 Assessment: $659,000
Desperation Score: 20.0
TSAWWASSEN SPRINGS! Brand new! Never lived in & no GST tax! Resort community living at it’s best & new amazing clubhouse is now under construction. Stunning corner luxury penthouse residence w/16′ vaulted ceilings, appliance and outdoor heater upgrades is executive all the way! The largest floor plan in building also offers 2 bedrooms & den, 2 huge covered decks (one heated), 2 secure parking stalls & both w/electric cart plugins, state of the art geothermal heating & air conditioning, & great golf course, water & mountain views. This is truly a golfer’s paradise! Easy to show anytime.
“Brand new! Never lived in & no GST tax!” and down $460K from the initial listing price yet still above assessment
#5 ) Address:11538 SURREY RD, Bolivar Heights, North Surrey
June 21, 2007 |
F2715949 |
$269,000 |
$0 |
0% |
October 01, 2007 |
F2715949 |
removed after 102 days |
February 06, 2008 |
F2802937 |
$279,000 |
$0 |
0% |
February 29, 2008 |
F2802937 |
$259,000 |
$-20,000 |
-7% |
March 28, 2008 |
F2802937 |
$239,800 |
$-39,200 |
-14% |
July 04, 2008 |
F2802937 |
removed after 149 days |
August 29, 2008 |
F2825378 |
$169,900 |
$-109,100 |
-39% |
October 31, 2008 |
F2825378 |
$149,900 |
$-129,100 |
-46% |
December 02, 2008 |
F2825378 |
$129,900 |
$-149,100 |
-53% |
January 06, 2009 |
F2825378 |
removed after 130 days |
July 03, 2010 |
F1018578 |
$165,000 |
$-114,000 |
-41% |
January 02, 2011 |
F1018578 |
removed after 183 days |
January 19, 2011 |
F1101326 |
$165,000 |
$-114,000 |
-41% |
August 01, 2011 |
F1101326 |
removed after 194 days |
February 10, 2014 |
F1402991 |
$169,000 |
$-110,000 |
-39% |
No Picture
Current Days on Market: 3 (0.01years)
Current ‘Official’ Days on Market: 3
2012 Assessment: $195,000
2011 Assessment: $184,000
Desperation Score: 2.7
Build your dream home with the view of Port Mann and mountains on this vacant lot. Storm, sewer and other services are available nearby but not hooked. Motivated seller. Bring your offer. Asking $30,000 below the assessed value.
“Motivated seller. Bring your offer. Asking $30,000 below the assessed value.”
#4 ) Address:# 306 2515 PARK DR, Abbotsford East, Abbotsford
September 28, 2008 |
F2828198 |
$174,800 |
$0 |
0% |
December 10, 2008 |
F2828198 |
removed after 73 days |
July 18, 2013 |
F1316658 |
$134,500 |
$-40,300 |
-23% |
August 01, 2013 |
F1316658 |
$129,900 |
$-44,900 |
-26% |
August 14, 2013 |
F1316658 |
$125,500 |
$-49,300 |
-28% |
September 20, 2013 |
F1316658 |
removed after 64 days |
October 23, 2013 |
F1324200 |
$138,500 |
$-36,300 |
-21% |
November 23, 2013 |
F1324200 |
$119,900 |
$-54,900 |
-31% |
January 22, 2014 |
F1324200 |
removed after 91 days |
February 03, 2014 |
F1402438 |
$119,000 |
$-55,800 |
-32% |
February 06, 2014 |
F1402438 |
$104,500 |
$-70,300 |
-40% |
Current Days on Market: 210 (0.58years)
Current ‘Official’ Days on Market: 10
2013 Assessment: $138,000
Desperation Score: 26.5
Court Ordered Sale. Best priced unit in building. One bedroom South facing condo located close to all amenities. This unit has had all the carpets cleaned & fresh paint. One parking stall. * PREC – Personal Real Estate Corporation
“Court Ordered Sale. Best priced unit in building.” and now will bring down the price of every other unit in the building
#3 ) Address:# 308 1341 GEORGE ST, White Rock, White Rock
October 08, 2006 |
F2622691 |
$239,900 |
$0 |
0% |
October 31, 2006 |
F2622691 |
removed after 23 days |
June 15, 2013 |
F1314143 |
$209,000 |
$-30,900 |
-13% |
September 30, 2013 |
F1314143 |
removed after 107 days |
October 04, 2013 |
F1322790 |
$189,000 |
$-50,900 |
-21% |
November 03, 2013 |
F1322790 |
$174,900 |
$-65,000 |
-27% |
December 13, 2013 |
F1322790 |
$147,900 |
$-92,000 |
-38% |
January 31, 2014 |
F1322790 |
removed after 119 days |
February 10, 2014 |
F1403118 |
$139,000 |
$-100,900 |
-42% |
No Picture
Current Days on Market: 243 (0.67years)
Current ‘Official’ Days on Market: 3
2012 Assessment: Unknown
2011 Assessment: $150,400
Desperation Score: 23.7
TOP FLOOR views- Prime location in central White Rock. 1 bdrm unit with in-suite laundry and a large 20′ west facing sunny balcony with ocean view. laminate flooring, updated paint, moldings, fixtures and appliances. Sliding doors to balcony from both the living rm and the master bdrm. Unit has storage. Building has new roof and windows features a top floor recreation rm with pool table and rooftop sundeck. Great Views from the roof top deck, rec room can be used for functions, gatherings. Call to view!
#2 ) Address:# 1405 15152 RUSSELL AV, White Rock, White Rock
June 22, 2007 |
F2716112 |
$306,900 |
$0 |
0% |
July 06, 2007 |
F2716112 |
removed after 14 days |
September 12, 2009 |
F2920523 |
$300,000 |
$-6,900 |
-2% |
November 17, 2009 |
F2920523 |
$289,900 |
$-17,000 |
-6% |
December 10, 2009 |
F2920523 |
$285,000 |
$-21,900 |
-7% |
January 27, 2010 |
F2920523 |
$279,900 |
$-27,000 |
-9% |
March 25, 2010 |
F2920523 |
$274,900 |
$-32,000 |
-10% |
May 11, 2010 |
F2920523 |
removed after 241 days |
May 14, 2010 |
F1013697 |
$269,900 |
$-37,000 |
-12% |
August 06, 2010 |
F1013697 |
$267,700 |
$-39,200 |
-13% |
September 08, 2010 |
F1013697 |
$259,900 |
$-47,000 |
-15% |
January 02, 2011 |
F1013697 |
removed after 233 days |
January 07, 2011 |
F1100142 |
$255,000 |
$-51,900 |
-17% |
March 03, 2011 |
F1100142 |
removed after 55 days |
March 17, 2011 |
F1106932 |
$379,000 |
$0 |
0% |
September 13, 2011 |
F1106932 |
removed after 180 days |
October 15, 2011 |
F1125676 |
$349,900 |
$-29,100 |
-8% |
July 12, 2012 |
F1125676 |
removed after 271 days |
August 11, 2012 |
F1220495 |
$349,900 |
$-29,100 |
-8% |
January 17, 2013 |
F1220495 |
$249,000 |
$-130,000 |
-34% |
March 10, 2013 |
F1220495 |
removed after 211 days |
March 13, 2013 |
F1305715 |
$249,000 |
$-130,000 |
-34% |
March 28, 2013 |
F1305715 |
$239,000 |
$-140,000 |
-37% |
April 16, 2013 |
F1305715 |
removed after 34 days |
April 21, 2013 |
F1309237 |
$299,000 |
$-80,000 |
-21% |
June 29, 2013 |
F1309237 |
$249,800 |
$-129,200 |
-34% |
December 02, 2013 |
F1309237 |
removed after 225 days |
February 08, 2014 |
F1402815 |
$219,000 |
$-160,000 |
-42% |
Current Days on Market: 1615 (4.42years)
Current ‘Official’ Days on Market: 5
2012 Assessment: Unknown
2011 Assessment: $257,000
Desperation Score: 22.9
Must Sell!!! Priced much below the assessed value for a quick sale. Unit is vacant and priced for immediate occupancy. Welcome to the Miramar Village luxury executive bachelor suite built by the Bosa Properties which offers high end appliances, large built in murphy bed, heated floors, A/C, full size washer/dryer, lots of storage, high end finishing thru-out plus breathtaking North Shore Mountain, City and Golden Ears Views. Convenient urban village location with all the amenities including transportation, restaurants, and shopping right outside your front door. Call today! At this unbelievable price it won’t last long! * PREC – Personal Real Estate Corporation
Looks like this person owns at least two units in the building
#1 ) Address:# LOT 4 IRVINES LANDING RD, Pender Harbour, Sunshine Coast
April 07, 2013 |
V999659 |
$329,000 |
$0 |
0% |
May 25, 2013 |
V999659 |
$298,000 |
$-31,000 |
-9% |
June 26, 2013 |
V999659 |
removed after 80 days |
June 28, 2013 |
V1014761 |
$225,000 |
$-104,000 |
-32% |
January 16, 2014 |
V1014761 |
removed after 202 days |
February 10, 2014 |
V1046131 |
$190,000 |
$-139,000 |
-42% |
No Picture
Current Days on Market: 312 (0.85years)
Current ‘Official’ Days on Market: 3
2012 Assessment: Unknown
2011 Assessment: Unknown
Desperation Score: 18.7
Private 3.85 acres with South exposure overlooking Pender Hill, Mixal and Hotel Lakes. Driveway in, septic pre-approved. Close to nearby Marinas, waterfront recreation, hiking trails, Golf Course. A perfect opportunity to build your own retreat!
# 7
“built in Murphy bed”? Are there any other ones?
With the changes in immigration rules, the weekly price drop will become very interesting.
Vancouverbound
Yes, things are about to get very interesting indeed, particularly in areas like Vanc westside, the north shore and Richmond. As we’ve seen with the swift decline in the CAD, it doesn’t take much for the ball to get rolling once the MSM (ex Vanc) and big money players get involved in some shape or form. This story hit the global newswires pretty much the moment the budget was released. Anyone that believes the frothiest RE markets in Cda were not on Ottawa’s radar when this rule was considered are delusional. I guess we’re also about to find out how much influence the RE industry really does have after all (i think it is a tremendous amount…just sayin). With enough screaming, I’m sure the chumps in Ottawa could be swayed to either roll the rules back or introduce some other measures to calm the masses (unless of course their goal is to get slaughtered in the next election). Ever since the Income Trust debacle (among other lies and deceptions), I’ve never trusted these guys. Anything is possible going forward. Now potential RE investors don’t know if they are coming or going as the floor supporting this market could shift without notice. By no means am I a raging RE bull or anything like that. I would simply prefer the market to function on its own without interference and meddling from up above. I suppose a solution to this mess in the making (which they’ll undoubtedly consider at a later time ie. in 2015) would be to make it easier for those without any cash to get into this market…LOL. And when the $hit finally hits the fan as a result of the ongoing lunacy, guess who will have to foot the bill? Can’t win for losing, can you?…
Good point Bullwhip. Let’s hope Ottawa doesn’t bring back the 40 year mortgage. Or worse yet, CMHC insuring every mortgage.
LOL…
Well, that didn’t take long now, did it? Ottawa caves on decision to wind down Investor immigrant program. Nothing to see here, move along everyone…
Did something change with regards to the program cancellation? I’ve been looking online but didn’t notice anything
Yeah, Pender Harbour – you’re #1!!!
Vacant land sales on the Sunshine Coast peaked in 2004 at 380 sales. In 2013, there were 54 (excluding the few sales on Gambier, Keats and other nearby islands). This is an -85.8% drop from peak. In PH, there were only 8 land sales in 2013 including a 2.59ac waterfront parcel originally bought for $1.2mill in 2008 (mentioned it right in the listing) and sold this past August for $650,000 (-45.8%).
SC Land stats can be found here:
http://vancouverpeak.com/showthread.php?tid=5189&pid=5888#pid5888
Who would want a bachelor “pied a terre” in White Rock?
Welcome back observer!!!!!!!
Buyer to verify is important! 🙂
Astoria, locate near Blundell and Heather St. Quiet inside unit with 9′ high ceilings on main floor. Powder room on main also. One of the biggest units in the complex. Spacious tandem parking where owner has built in big shelves to keep stuff. 3 bedrooms and 2 full bathrooms up. Spacious playground for kids to play. Very well keeping by original owner. Walking distance to Garden city shopping mall. Debeck elementary and Palmer secondary. A pleasure to show. All measurements are approximately. Buyer to verify is important.