Vancouver Price Drop

Documenting Vancouver real estate price movements

Monthly Archives: May 2014

Weekly Drop Metro Vancouver Detached – May 26, 2014

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.

West Vancouver and Richmond have 3 listings each and interesting to note that 6 of the 10 are either on the water or have prominent views of the water


#10 ) Address:6131 NO 5 RD, McLennan, Richmond

April 17, 2011 V882966 $2,698,000 $0 0%
October 05, 2011 V882966 $2,668,000 $-30,000 -1%
June 07, 2012 V882966 removed after 417 days
June 23, 2012 V958308 $2,595,000 $-103,000 -4%
January 01, 2013 V958308 removed after 192 days
January 26, 2013 V987365 $2,248,000 $-450,000 -17%
April 07, 2013 V987365 $2,090,000 $-608,000 -23%
December 28, 2013 V987365 removed after 336 days
May 22, 2014 V1065294 $2,098,000 $-600,000 -22%

No Picture

Current Days on Market: 1137 (3.12years)
Current ‘Official’ Days on Market: 6
2013 Assessment: $2,247,000
2011 Assessment: $2,314,000
Desperation Score: 11.8

Custom built 5,970 sf home on 38,104 sf lot. This luxury mansion features designer’s kitchens, granite counter-tops, delux appliances, video surveillances security, home theatre, crown mouldings throughout & lots more. Spacious 8 bedrms, 9 baths, 4 dens, one legal suite, a loft style suite & potential to build a detached coach house in backyard. Perfect for extended family or potential for B&B business. Balance of 2-5-10 warranty.

Listed for over 3 years yet they still try a price increase!


#9 ) Address:# 6 23740 DYKE RD, Hamilton, Richmond

February 03, 2011 V866782 $1,850,000 $0 0%
December 29, 2011 V866782 $2,515,000 $0 0%
April 28, 2012 V866782 removed after 450 days
May 04, 2012 V947657 $2,085,800 $-429,200 -17%
May 30, 2013 V947657 removed after 391 days
July 06, 2013 V1015798 $1,950,000 $-565,000 -22%
December 28, 2013 V1015798 removed after 175 days
February 24, 2014 V1048904 $1,950,000 $-565,000 -22%
May 16, 2014 V1048904 removed after 81 days
May 26, 2014 V1065981 $1,950,000 $-565,000 -22%

 

v1065981_1

Current Days on Market: 1210 (3.32years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $1,602,000
Desperation Score: 12.6

These riverfront homes have been listed for over 3 years and they sure do not look like the artists renderings! 


#8 ) Address:6506 ANGUS DR, South Granville, Vancouver West

October 06, 2006 V612662 $1,199,000 $0 0%
January 01, 2007 V612662 removed after 87 days
February 16, 2007 V630880 $1,098,000 $-101,000 -8%
June 05, 2007 V630880 removed after 109 days
June 04, 2011 V892329 $2,288,000 $0 0%
June 15, 2011 V892329 $2,159,000 $-129,000 -6%
July 08, 2011 V892329 removed after 34 days
July 18, 2013 V1018153 $1,889,000 $-399,000 -17%
October 14, 2013 V1018153 removed after 88 days
April 28, 2014 V1060624 $1,788,000 $-500,000 -22%
May 26, 2014 V1060624 $1,748,000 $-540,000 -24%

 

v1060624_1

Current Days on Market: 30 (0.08years)
Current ‘Official’ Days on Market: 30
2013 Assessment: $1,273,000
2011 Assessment: $1,486,000
Desperation Score: 19.2

The best value in South Granville for this fabulous contemporary home! Enjoy a meticulous renovation that features a new gourmet kitchen of Pro-series S/S appliances including 6 burner gas stove, beautiful new cabinetry, Corian countertops, new lighting & durable cork flooring. Move seamlessly into your huge living/family room area that features built in speakers, floating fire place & neatly set wine cooler. Huge windows & french doors open to your beautiful backyard that features plenty of patio space & a hot tub. Beautiful 4 level home offering tons of space with a full exterior paint in 2011. Magee & Maple Grove Catchments.


#7 ) Address:2187 GISBY ST, Altamont, West Vancouver

March 13, 2007 V632793 $3,295,000 $0 0%
May 07, 2007 V632793 removed after 55 days
January 25, 2013 V986744 $7,900,000 $0 0%
May 21, 2013 V986744 $7,390,000 $-510,000 -6%
August 24, 2013 V986744 removed after 211 days
September 18, 2013 V1027655 $7,900,000 $0 0%
January 22, 2014 V1027655 $6,900,000 $-1,000,000 -13%
February 12, 2014 V1027655 removed after 147 days
February 16, 2014 V1047207 $5,900,000 $-2,000,000 -25%
May 22, 2014 V1047207 $5,800,000 $-2,100,000 -27%

 

v1047207_1

Current Days on Market: 488 (1.34years)
Current ‘Official’ Days on Market: 101
2013 Assessment: $4,204,000
Desperation Score: 29.0

Stunning architect designed contemporary work-of-art in an Altamont. Created at a cost of over $9m and featured in “Vancouver Home Magazine”, this 4 bed/4.5 bath home is spread over nearly 7,000 sq ft and is set upon a spectacular 2/3 acre ocean view swath of land. Jaw-dropping 20 ft ceilings, gleaming polished concrete floors & fully automated Blum kitchen. Other state-of-the-art features include geothermal heating system, temp controlled 1,200 bottle wine cellar. A separate building linked by a glass breezeway houses a three car garage plus a one bedroom suite & separate gym with its own audio visual system. Fully landscaped by Space 2 Place. Never before has a home of the caliber been offered for sale.

“Created at a cost of over $9m”


#6 ) Address:3153 PARKER ST, Renfrew, Vancouver East

August 11, 2012 V965971 $1,288,000 $0 0%
October 02, 2012 V965971 $1,130,000 $-158,000 -12%
July 29, 2013 V965971 removed after 352 days
August 05, 2013 V1020723 $988,000 $-300,000 -23%
December 28, 2013 V1020723 removed after 145 days
February 10, 2014 V1046514 $988,000 $-300,000 -23%
May 22, 2014 V1046514 removed after 101 days
May 26, 2014 V1066405 $938,000 $-350,000 -27%

 

No Picture

Current Days on Market: 655 (1.79years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $901,000
2011 Assessment: $884,000
Desperation Score: 18.2

Completely renovated Vancouver Special with top quality. Granite entry and staircase. Main floor features all quality wood floor throughout, ornate crown mouldings & painted ceiling. Gourmet kitchen with big eating area and french doors leading to big covered sun deck. Completely re-done ground legal one bedroom suite ( Could be 2 bedrooms). Big rec room & 2 bathrooms. Granite counter tops & oak kitchen cabinets. Walking distance to transit, school & T&T Market. Easy access to skytrain. Possible lane way house above garage. Deep lot 33×146 ft.


#5 ) Address:10 SENNOK CR, University, Vancouver West

May 09, 2007 V645896 $538,000 $0 0%
May 30, 2007 V645896 removed after 21 days
March 02, 2011 V872463 $880,000 $0 0%
May 25, 2011 V872463 removed after 84 days
June 22, 2011 V895556 $880,000 $0 0%
December 15, 2011 V895556 removed after 176 days
April 25, 2014 V1059982 $688,000 $-192,000 -22%
May 16, 2014 V1059982 $668,000 $-212,000 -24%
May 26, 2014 V1059982 $638,000 $-242,000 -28%

 

v1059982_1

Current Days on Market: 33 (0.09years)
Current ‘Official’ Days on Market: 33
2013 Assessment: Unknown
Desperation Score: 26.8

UBC leasehold home with nearly 5,000 sq ft of spacious living on gorgeous 1/4+ acre lot backing onto prestigious Shaughnessy Golf & Country Club. Upstairs features 3 spacious bedrooms & formal dining room, vaulted ceiling in living room, renovated kitchen with stainless appliances & large family room. This solid home features hot water radiant heat throughout. Walking distance to UBC, Pacific Spirit Park & Point Grey Golf & Country Club.

“UBC leasehold” – not sure how much time is left on the leasehold but given the price likely not much


#4 ) Address:6220 ST GEORGES PL, Gleneagles, West Vancouver

August 09, 2013 V1021476 $3,500,000 $0 0%
November 19, 2013 V1021476 removed after 102 days
November 23, 2013 V1036976 $2,800,000 $-700,000 -20%
February 22, 2014 V1036976 $2,600,000 $-900,000 -26%
May 20, 2014 V1036976 removed after 178 days
May 26, 2014 V1066388 $2,488,000 $-1,012,000 -29%

 

v1066388_1

Current Days on Market: 292 (0.80years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $2,324,000
Desperation Score: 26.1

Nestled at the end of a private cul-de-sac on one of the most desirable streets in West Vancouver, this majestic home opens up to extensive & spectacular ocean views from every room! Your outdoor entertainment includes relaxing in a glorious pool & hot tub with a flowing waterfall as well as sharpening your putting skills on the mini putting green all in complete privacy while soaking in the incredible views. The open concept kitchen, dining & living ara is fabulous for entertaining or preparing the family meals while keeping an eye on the kids. This home includes a separate suite to use as a mortgage helper, inlaw or nanny accommodation.


#3 ) Address:# 1 23740 DYKE RD, Hamilton, Richmond

January 23, 2011 V864981 $1,700,000 $0 0%
December 29, 2011 V864981 $2,338,000 $0 0%
April 28, 2012 V864981 removed after 461 days
May 04, 2012 V947622 $1,905,000 $-433,000 -19%
May 30, 2013 V947622 removed after 391 days
July 06, 2013 V1015803 $1,700,000 $-638,000 -27%
December 28, 2013 V1015803 removed after 175 days
January 19, 2014 V1042396 $1,488,000 $-850,000 -36%
May 16, 2014 V1042396 removed after 117 days
May 26, 2014 V1066002 $1,580,000 $-758,000 -32%

 

v1066002_1

Current Days on Market: 1221 (3.35years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $1,666,000
Desperation Score: 19.0

Another one of the Richmond dyke homes, this one with a much more entertaining price history


#2 ) Address:25 BRIGHTON BEACH, Indian Arm, North Vancouver

July 24, 2012 V930447 $568,000 $0 0%
November 01, 2012 V930447 removed after 100 days
May 09, 2013 V1005838 $478,000 $-90,000 -16%
August 24, 2013 V1005838 $428,000 $-140,000 -25%
October 30, 2013 V1005838 removed after 174 days
May 22, 2014 V1065552 $375,000 $-193,000 -34%

 

v1065552_1

Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2013 Assessment: Unknown
Desperation Score: 23.4

Nestled in Brighton Beach on Indian Arms pristine private water paradise location, 10 minutes by boat from Deep Cove. This 1600 SF home has it all. Move in easy living condition, one level with the best views ever up Indian Arm to Vancouver, mountains & Islands. Newer roof, vaulted ceilings, lots of light from many windows, newer appliances. A no worry home to come home to after your scenic boat ride, perfect place to getaway from it all!


#1 ) Address:6010 GLENEAGLES PL, Gleneagles, West Vancouver

June 26, 2008 V718723 $6,995,000 $0 0%
July 09, 2008 V718723 removed after 13 days
September 13, 2008 V733248 $5,980,000 $-1,015,000 -15%
September 01, 2009 V733248 removed after 353 days
January 15, 2010 V803873 $5,980,000 $-1,015,000 -15%
July 01, 2010 V803873 removed after 167 days
August 06, 2011 V903684 $5,888,000 $-1,107,000 -16%
August 16, 2011 V903684 $5,388,000 $-1,607,000 -23%
October 01, 2012 V903684 removed after 422 days
January 19, 2014 V1042538 $4,988,000 $-2,007,000 -29%
May 26, 2014 V1042538 $4,488,000 $-2,507,000 -36%

 

v1042538_1

Current Days on Market: 129 (0.35years)
Current ‘Official’ Days on Market: 129
2013 Assessment: $3,475,000
Desperation Score: 16.5

This spectacular waterfront residence is situated on a quiet cul-de-sac & overlooks breathtaking ocean views to Passage Island, Bowen Island & beyond. Beautifully remodelled, this home offers a bright open flr plan w/large entertainment sized rooms enhanced by a casual elegance. Features include 4 spacious bedrooms including a fabulous master & ensuite, rich hardwood flooring, picture windows, a custom island kitchen, rooms open out to intimate sun drenched patios overlooking the sparkling ocean, views & breathtaking coastline. Truly exquisite, this home offer the finest West Coast Living.

Down $2.5 million since it’s 2008 listing price

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Weekly Desperation Score Suburbs – May 21, 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 the highest desperation score which is a formula based on price changes, relists and amounts pro rated for recency.  This will hopefully provide a more interesting look at the suburbs since previous weekly drops for these areas were completely filled with old condo’s and lot sales

 

#10 ) Address:# 60 6671 121 ST, West Newton, Surrey

June 27, 2009 F2914127 $349,900 $0 0%
August 07, 2009 F2914127 $338,800 $-11,100 -3%
January 28, 2010 F2914127 removed after 215 days
February 11, 2010 F1003750 $349,000 $-900 0%
April 08, 2010 F1003750 $339,000 $-10,900 -3%
June 17, 2010 F1003750 removed after 126 days
January 30, 2013 F1302021 $359,000 $0 0%
April 07, 2013 F1302021 $353,900 $-5,100 -1%
May 30, 2013 F1302021 $349,999 $-9,001 -3%
June 30, 2013 F1302021 removed after 151 days
August 09, 2013 F1318564 $324,900 $-34,100 -9%
October 04, 2013 F1318564 removed after 56 days
October 09, 2013 F1323251 $323,000 $-36,000 -10%
October 18, 2013 F1323251 $318,900 $-40,100 -11%
November 05, 2013 F1323251 $309,000 $-50,000 -14%
November 19, 2013 F1323251 $320,000 $-39,000 -11%
December 02, 2013 F1323251 removed after 54 days
February 08, 2014 F1402897 $329,999 $-29,001 -8%
May 01, 2014 F1402897 removed after 82 days
May 22, 2014 F1412232 $314,900 $-44,100 -12%

 

f1412232_1

Current Days on Market: 478 (1.31years)
Current ‘Official’ Days on Market: 1
2013 Assessment: $310,000
2011 Assessment: $315,000
Desperation Score: 30.3

SALUS!! Welcome to this award winning signature development by ADERA! This charming 3 storey home features a formal dining and living space with a fireplace, kitchen featuring GRANITE counter tops and STAINLESS STEEL appliances. Upstairs include 3 bedrooms including a spacious master bedroom with ensuite. The complex boasts of state of the art clubhouse featuring SWIMMING POOL, GYM, SAUNA AND STEAM SHOWER AND 3,500 SQ FT OF ROOF TOP DECK!! The complex is centrally located close to all amenities and transit. Call today for a private viewing!


#9 ) Address:# 2 1552 EVERALL ST, White Rock, White Rock

April 04, 2008 F2808820 $355,000 $0 0%
June 12, 2008 F2808820 $348,500 $-6,500 -2%
July 30, 2008 F2808820 removed after 117 days
June 10, 2011 F1114942 $397,500 $0 0%
July 01, 2011 F1114942 $389,900 $-7,600 -2%
July 27, 2011 F1114942 $384,900 $-12,600 -3%
August 29, 2011 F1114942 removed after 80 days
August 31, 2011 F1121892 $384,900 $-12,600 -3%
September 29, 2011 F1121892 $379,900 $-17,600 -4%
October 25, 2011 F1121892 removed after 55 days
October 26, 2011 F1126431 $375,000 $-22,500 -6%
January 06, 2012 F1126431 $365,000 $-32,500 -8%
February 01, 2012 F1126431 $358,000 $-39,500 -10%
February 16, 2012 F1126431 removed after 113 days
September 08, 2012 F1222096 $379,900 $-17,600 -4%
September 21, 2012 F1222096 $369,000 $-28,500 -7%
October 23, 2012 F1222096 $355,000 $-42,500 -11%
December 01, 2012 F1222096 removed after 84 days
February 03, 2014 F1402219 $349,900 $-47,600 -12%
March 10, 2014 F1402219 $330,000 $-67,500 -17%
April 09, 2014 F1402219 removed after 65 days
April 14, 2014 F1408509 $319,000 $-78,500 -20%
April 23, 2014 F1408509 $310,000 $-87,500 -22%
May 01, 2014 F1408509 $305,000 $-92,500 -23%
May 22, 2014 F1408509 $299,000 $-98,500 -25%

 

f1408509_1

Current Days on Market: 109 (0.30years)
Current ‘Official’ Days on Market: 39
2013 Assessment: $302,000
2011 Assessment: $333,000
Desperation Score: 30.4

Welcome to Everall Court! Gorgeous 2 bed plus den 2 bath over 1200 square feet of amazing floor plan ground floor corner suite with 3 private enterances with south exposed quiet, private and tranquil outdoor livign space with picturesque gardens. Building offers peace of mind with parital rainscreen, newer windows, roof and fence. Conveniently located close to amenities, recreaction, shopping, restuarants, and tranist. Priced to sell! Call today tomorrow could be too late! * PREC – Personal Real Estate Corporation


#8 ) Address:# 223 13958 108 AV, Whalley, North Surrey

August 29, 2012 F1221718 $439,000 $0 0%
September 25, 2012 F1221718 removed after 27 days
January 16, 2014 F1400446 $298,900 $-140,100 -32%
February 10, 2014 F1400446 $289,900 $-149,100 -34%
March 11, 2014 F1400446 $281,900 $-157,100 -36%
April 09, 2014 F1400446 removed after 83 days
April 21, 2014 F1409158 $275,900 $-163,100 -37%
May 22, 2014 F1409158 $269,900 $-169,100 -39%

 

f1409158_1

Current Days on Market: 127 (0.35years)
Current ‘Official’ Days on Market: 32
2013 Assessment: $304,000
2011 Assessment: $310,000
Desperation Score: 31.5

4 year young 3 bedroom, 3 bath 2-storey townhouse close to all amenities, sky-train, both schools, SFU Surrey campus, and new Surrey City Hall. Located on quiet side of the complex with North facing front patio, living/dining, kitchen with granite counters, family room and a powder room, and a balcony facing park on main floor, one master bedroom with full en-suite, 2 other bedrooms and a full bath on top floor, gated underground parking. Priced much below City assessment.


#7 ) Address:180 WOLLNY CT, Anmore, Port Moody

August 22, 2010 V846965 $3,300,000 $0 0%
December 31, 2010 V846965 removed after 131 days
September 27, 2012 V973675 $2,800,000 $-500,000 -15%
April 16, 2013 V973675 removed after 201 days
April 25, 2013 V1003232 $2,300,000 $-1,000,000 -30%
June 13, 2013 V1003232 $2,100,000 $-1,200,000 -36%
July 12, 2013 V1003232 $2,025,000 $-1,275,000 -39%
July 27, 2013 V1003232 $1,999,000 $-1,301,000 -39%
October 04, 2013 V1003232 removed after 162 days
November 11, 2013 V1035435 $1,988,888 $-1,311,112 -40%
December 13, 2013 V1035435 $1,968,000 $-1,332,000 -40%
January 16, 2014 V1035435 $1,953,000 $-1,347,000 -41%
February 05, 2014 V1035435 $1,933,000 $-1,367,000 -41%
April 07, 2014 V1035435 $1,913,000 $-1,387,000 -42%
May 06, 2014 V1035435 removed after 176 days
May 15, 2014 V1064173 $1,899,000 $-1,401,000 -42%

 

v1064173_1

Current Days on Market: 603 (1.65years)
Current ‘Official’ Days on Market: 8
2013 Assessment: $2,241,000
Desperation Score: 31.9

FORECLOSURE: Elegant and private Anmore Estate, over 7000 sq ft luxury residence perched on a 1.48 acre mountainside estate. Property backing onto greenbelt with spectacular view of mountains. This stunning home boasts 28′ high dome ceilings, grand central staircase and marble floor entry. Hardwood flooring, coffered ceiling, hemlock wood casing windows and built-in sound system throughout. Gourmet kitchen with stone counter and island, stainless steel appliances & wok kitchen. Master bedroom on main, ensuite with jacuzzi and steam shower. 3 bedrooms up all with walk-in closets, ensuites and skylights. Huge recreation room & wine room in basement plus a luxurious 1 bedroom suite with separate entrance & private patio.


#6 ) Address:# 40 31406 UPPER MACLURE RD, Abbotsford West, Abbotsford

June 12, 2009 F2912817 $259,900 $0 0%
July 17, 2009 F2912817 $251,900 $-8,000 -3%
August 06, 2009 F2912817 $244,900 $-15,000 -6%
September 28, 2009 F2912817 removed after 108 days
October 23, 2012 F1225832 $278,900 $0 0%
December 31, 2012 F1225832 removed after 69 days
May 28, 2013 F1312605 $254,900 $-24,000 -9%
June 26, 2013 F1312605 $244,900 $-34,000 -12%
September 30, 2013 F1312605 removed after 125 days
February 24, 2014 F1404338 $204,900 $-74,000 -27%
April 14, 2014 F1404338 $194,900 $-84,000 -30%
May 16, 2014 F1404338 $184,900 $-94,000 -34%

 

f1404338_1

Current Days on Market: 577 (1.58years)
Current ‘Official’ Days on Market: 88
2013 Assessment: $259,700
Desperation Score: 32.4

Very spacious upper floor townhouse. Features living room and family room with gas fireplace. Large kitchen area. Open and bright with lots of southern exposure. Great location in the complex. 2 Bedrooms. Master bedroom with 4 piece ensuite. Single car garage. Extra parking space available for $15.00 per month. Central location. * PREC – Personal Real Estate Corporation


#5 ) Address:19691 68TH AV, Willoughby Heights, Langley

October 08, 2008 F2829102 $699,000 $0 0%
November 20, 2008 F2829102 $659,000 $-40,000 -6%
December 10, 2008 F2829102 $598,000 $-101,000 -14%
December 12, 2008 F2829102 removed after 65 days
August 25, 2012 F1221489 $725,000 $0 0%
December 27, 2012 F1221489 removed after 124 days
August 17, 2013 F1319295 $679,000 $-46,000 -6%
August 29, 2013 F1319295 $649,000 $-76,000 -10%
September 18, 2013 F1319295 $639,000 $-86,000 -12%
October 11, 2013 F1319295 $619,000 $-106,000 -15%
November 11, 2013 F1319295 $599,000 $-126,000 -17%
November 29, 2013 F1319295 $569,000 $-156,000 -22%
February 08, 2014 F1319295 removed after 175 days
May 04, 2014 F1410619 $589,000 $-136,000 -19%
May 22, 2014 F1410619 $559,000 $-166,000 -23%

 

f1410619_1

Current Days on Market: 279 (0.76years)
Current ‘Official’ Days on Market: 19
2013 Assessment: $635,000
Desperation Score: 33.5

Court ordered sale. Savvy investors and do-it-yourselfers – don’t pass this up! TLC needed to restore this executive home with solid bones and central location. Close to Willowbrook shopping and Langley amenities. Call today to view!


#4 ) Address:12827 GULFVIEW RD, Pender Harbour, Sunshine Coast

March 09, 2012 V891348 $349,000 $0 0%
October 23, 2012 V891348 removed after 228 days
December 09, 2013 V1038159 $249,900 $-99,100 -28%
January 16, 2014 V1038159 $229,000 $-120,000 -34%
February 12, 2014 V1038159 $223,900 $-125,100 -36%
March 27, 2014 V1038159 $219,000 $-130,000 -37%
May 22, 2014 V1038159 $199,900 $-149,100 -43%

 

v1038159_1

Current Days on Market: 165 (0.45years)
Current ‘Official’ Days on Market: 165
2013 Assessment: $265,600
Desperation Score: 34.2

FORECLOSURE, BELOW ASSESSED VALUE! This 3 bedroom family home sits on a large almost 1/2 acre fully treed lot within a quiet cul-de-sac just minutes from Madeira Park. There are ocean and harbour views which could be improved with limbing. This home has special features including a metal roof, and a wood burning stove as secondary heat for those colder winter nights. Pender Harbour is a mecca for ocean and lake sports, hiking, as well as the community hosts many events including boat building, Blues Festival, Chamber Music, Mushroom and Garlic Festivals and much more. This is a destination resort community that you will enjoy.


#3 ) Address:# 8W 20837 LOUIE CR, Walnut Grove, Langley

June 28, 2012 F1216718 $199,000 $0 0%
August 23, 2012 F1216718 $180,000 $-19,000 -10%
November 19, 2012 F1216718 removed after 144 days
March 14, 2014 F1405848 $49,900 $-149,100 -75%
May 22, 2014 F1405848 $40,000 $-159,000 -80%

 

f1405848_1

Current Days on Market: 70 (0.19years)
Current ‘Official’ Days on Market: 70
2013 Assessment: Unknown
Desperation Score: 34.7

Opportunity to pick up a fixer upper float home with good bones & provenance. Former home of Angus MacGyver, secret agent, TV series. Property is being sold as is where is. Flotation needs redoing and some interior work. Moorage $825 per month. Perfect opportunity for the handy guy.


#2 ) Address:10897 RIVER RD, Nordel, North Delta

May 01, 2012 F1211097 $1,695,000 $0 0%
July 23, 2013 F1211097 $1,295,000 $-400,000 -24%
October 09, 2013 F1211097 removed after 526 days
October 21, 2013 F1323986 $950,000 $-745,000 -44%
May 14, 2014 F1323986 removed after 205 days
May 19, 2014 F1412311 $695,000 $-1,000,000 -59%

 

f1412311_1

Current Days on Market: 752 (2.06years)
Current ‘Official’ Days on Market: 4
2013 Assessment: $900,000
Desperation Score: 35.5

Own your own park! This is a very unique property – 9.02 acres zoned single family residential (RS-1). Property has its own creek, forest and pathway to the Fraser River! Easiest and most likely development possibility is construction of one large single family home. Current zoning permits up to 3,552 sq.ft. plus basement, and secondary suite permitted. Lots of additional room for outbuildings (barns, workshop, garage), plus all kinds of room for vehicle parking. Recent environmental and geo-technical reports available. Subdivision would be very difficult but not impossible. Road access from Collings Way, all services nearby. Property tax assessed value under appeal.


#1 ) Address:1313 HOLLYBROOK ST, Burke Mountain, Coquitlam

April 27, 2013 V1003543 $439,000 $0 0%
April 29, 2013 V1003543 removed after 2 days
January 16, 2014 V1041483 $1,149,900 $0 0%
January 19, 2014 V1041483 $1,075,000 $-74,900 -7%
March 14, 2014 V1041483 $1,049,900 $-100,000 -9%
March 20, 2014 V1041483 $999,000 $-150,900 -13%
March 25, 2014 V1041483 removed after 68 days
March 27, 2014 V1054596 $900,000 $-249,900 -22%
April 02, 2014 V1054596 $999,000 $-150,900 -13%
May 14, 2014 V1054596 $975,000 $-174,900 -15%
May 16, 2014 V1054596 $950,000 $-199,900 -17%

 

v1054596_1

Current Days on Market: 127 (0.35years)
Current ‘Official’ Days on Market: 57
2013 Assessment: $770,000
Desperation Score: 39.5

Magnificent residence w/exquisite DESIGNER taste in prestigious Burke Mountain in a quiet neibourhood Features of this incredible home include huge windows, open modern & stunning. Formal Great room with 20ft high ceiling and elegant fireplace looking onto greenbelt. Huge Dining Room w/French doors opens to balcony overlooking fenced backyard. Modern Kitchen w/huge Island and large entertaining area. Upstairs FOUR Bedrooms. THREE full bathrooms. A huge Master Bedroom w/loft ceiling, jetted tub, separate shower, his & her closet. Lower level w/large Storage & a bright walkout large legal two bedroom legal suite w/ separate entrance & patio & Laundr

Weekly Drop Metro Vancouver Attached – May 20, 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:# 17 1345 W 4TH AV, False Creek, Vancouver West

March 24, 2010 V817060 $349,000 $0 0%
April 22, 2010 V817060 removed after 29 days
May 18, 2011 V888944 $479,000 $0 0%
November 11, 2011 V888944 removed after 177 days
November 17, 2011 V919935 $448,000 $-31,000 -6%
May 15, 2012 V919935 removed after 180 days
July 07, 2012 V960654 $423,000 $-56,000 -12%
October 17, 2012 V960654 $389,000 $-90,000 -19%
January 01, 2013 V960654 removed after 178 days
May 15, 2014 V1064183 $389,000 $-90,000 -19%

 

v1064183_1

Current Days on Market: 8 (0.02years)
Current ‘Official’ Days on Market: 8
2013 Assessment: $299,000
2011 Assessment: $282,800
Desperation Score: 6.4

Over 830 SF. Unique, large one bedroom suite. Located on the North side of the building this home is very quiet & has some mountain & city views. Beautiful hardwood floors on main floor with nice patio & wood burning fireplace, well appointed kitchen looks out onto dining & living room. Below main floor is a large bedroom with one WALK IN CLOSET & one wall closet, plenty of space for king size bed, dressers & desk. Laundry room has large front load stacking washer & dryer with additional space for storage & shelving. Great location. 5 minute walk to Granville Island, close to transit, shopping, cafes, seawall, parks & restaurants. Includes one underground parking spot, pet & tenant friendly building.


#9 ) Address:6755 CURTIS ST, Sperling-Duthie, Burnaby

October 14, 2012 V976654 $1,150,000 $0 0%
March 13, 2013 V976654 removed after 150 days
March 20, 2013 V996588 $1,068,000 $-82,000 -7%
May 30, 2013 V996588 removed after 71 days
June 07, 2013 V1011073 $1,068,000 $-82,000 -7%
September 25, 2013 V1011073 removed after 110 days
February 06, 2014 V1045652 $950,000 $-200,000 -17%
May 14, 2014 V1045652 removed after 97 days
May 19, 2014 V1064864 $925,000 $-225,000 -20%

 

v1064864_1

Current Days on Market: 586 (1.61years)
Current ‘Official’ Days on Market: 4
2013 Assessment: $930,500
Desperation Score: 21.8

Best designed & most luxurious 1/2 duplex in N Bby! Enter into the main level w/boundless 9′ ceilings, comfortable living rm, generous den ideal for extra office space & an impressive gourmet kitch w/ s/s appliances, quartz counters & marble backsplash. On the upper level you will find a breathtaking masterbdrm w/ a chic gas fireplace, spacious walk-in closet & spa inspired ensuite which incls a steam shower. Feat designer colours throughout, tasteful h/w flooring, crown molding, built-in vacuum system, single car garage & still under 2-5-10 warranty. This exquisite 3 bedrm & 3 bathrm brand new home offers spacious living & fantastic curb appeal. Situated on a 7971 sf lot in a fantastic location within walking distance to schools


#8 ) Address:# 102 4438 ALBERT ST, Vancouver Heights, Burnaby

July 15, 2012 V962184 $556,000 $0 0%
October 26, 2012 V962184 $529,000 $-27,000 -5%
January 01, 2013 V962184 removed after 170 days
January 18, 2013 V985769 $529,000 $-27,000 -5%
April 24, 2013 V985769 removed after 96 days
April 27, 2013 V1003615 $498,000 $-58,000 -10%
September 30, 2013 V1003615 removed after 156 days
February 13, 2014 V1046790 $469,900 $-86,100 -15%
April 16, 2014 V1046790 $449,900 $-106,100 -19%
May 19, 2014 V1046790 $439,900 $-116,100 -21%

 

v1046790_1

Current Days on Market: 677 (1.85years)
Current ‘Official’ Days on Market: 99
2013 Assessment: $435,000
2011 Assessment: $475,000
Desperation Score: 23.7

LARGE ONE LEVEL TOWNHOUSE at Monticello in Vancouver Heights! North facing towards mountains, ground level with your own front door and patio for summer relaxation. Original owner upgraded unit with Engineered flooring throughout and converted 4 pc en suite bath tub to double shower for easy access. This home offers granite counters, rich mocha cabinetry, S/S appliances, extra large living area and bedrooms. Only 1 block to full shopping facilities, transportation, Confederation Park, and Eileen Daly Recreation Centre. Includes 1 secure underground parking and storage locker.


#7 ) Address:# 217 1633 MACKAY AV, Pemberton, North Vancouver

February 14, 2008 V688733 $529,900 $0 0%
April 16, 2008 V688733 removed after 62 days
September 19, 2009 V788354 $455,000 $-74,900 -14%
September 30, 2009 V788354 $447,000 $-82,900 -16%
December 21, 2009 V788354 removed after 93 days
March 07, 2013 V994275 $419,500 $-110,400 -21%
July 23, 2013 V994275 removed after 138 days
July 27, 2013 V1019383 $419,000 $-110,900 -21%
December 21, 2013 V1019383 removed after 147 days
May 14, 2014 V1064073 $419,000 $-110,900 -21%

 

v1064073_1

Current Days on Market: 442 (1.21years)
Current ‘Official’ Days on Market: 9
2013 Assessment: $390,000
Desperation Score: 10.3

Southwest corner 2 bedroom, 2 bathroom at ‘Touchstone’. Offering an open planned kitchen with granite counters and stainless appliances, large dining room, and living room with electric fireplace and sliders to a balcony. Includes in-suite aundry, a storage locker, and 1 secure parking stall. Terrific location steps to parks, trails, public transit, shopping, and more.


#6 ) Address:# 501 150 ALEXANDER ST, Downtown, Vancouver East

May 05, 2010 V827389 $1,089,000 $0 0%
June 16, 2010 V827389 removed after 42 days
September 18, 2013 V1027568 $1,398,000 $0 0%
November 03, 2013 V1027568 $1,348,000 $-50,000 -4%
November 07, 2013 V1027568 removed after 50 days
November 15, 2013 V1035756 $1,298,000 $-100,000 -7%
January 16, 2014 V1035756 $1,238,000 $-160,000 -11%
February 06, 2014 V1035756 removed after 83 days
February 13, 2014 V1046679 $1,199,000 $-199,000 -14%
May 08, 2014 V1046679 removed after 84 days
May 15, 2014 V1064407 $1,099,000 $-299,000 -21%

 

v1064407_1

Current Days on Market: 247 (0.68years)
Current ‘Official’ Days on Market: 8
2013 Assessment: $983,000
2011 Assessment: $773,000
Desperation Score: 31.1

Unbelievably panoramic city, mountain, and water views await in this luxurious and character-filled 2 bedroom, 2 bathroom sophisticated 2 story Penthouse. Open concept living/dining/kitchen make for truly spacious living. The master bedroom features a canopy of exposed wood beams while the second bedroom has an entire wall of exposed brick. Hardwood upstairs and engineered floors down, and a real wood burning fireplace in the living room finish off this fantastic suite. Then there is the rooftop deck! Large, private and perfect for entertaining situated conveniently off of the living room. With amazing views, and super location in the hippest part of town, this penthouse has it all! Call to book your private viewing. Open House Saturday May 17th, 1-3pm.


#5 ) Address:# 220 340 W 3RD ST, Lower Lonsdale, North Vancouver

June 19, 2009 V772729 $254,900 $0 0%
July 29, 2009 V772729 removed after 40 days
March 20, 2014 V1053182 $209,000 $-45,900 -18%
May 14, 2014 V1053182 $199,900 $-55,000 -22%

 

v1053182_1

Current Days on Market: 64 (0.18years)
Current ‘Official’ Days on Market: 64
2013 Assessment: $237,200
Desperation Score: 17.6

Private 1 bedroom, 1 bathroom, 677 sq ft home on the quiet side of this updated building, in a lovely location close to all the amenities that Lower Lonsdale offers. The home is highlighted with bright neutral paints throughout, a walkthrough kitchen between the hallway and dining room, a large Master bedroom, an open den area perfect for the home office and an outdoor balcony showcased through large windows and accessed via a sliding door 1 parking + 1 storage locker. Newer roof in 2006, lobby redone in 2007, and piping in 2011 (all years approx.) Walk to the Sea Bus. Pet friendly building. Rentals allowed w/ restrictions.


#4 ) Address:# 110 5715 JERSEY AV, Central Park, Burnaby

March 13, 2010 V814751 $218,000 $0 0%
March 24, 2010 V814751 $212,000 $-6,000 -3%
March 25, 2010 V814751 removed after 12 days
April 08, 2010 V820056 $212,000 $-6,000 -3%
May 01, 2010 V820056 $195,000 $-23,000 -11%
May 18, 2010 V820056 removed after 40 days
April 24, 2014 V1059627 $169,980 $-48,020 -22%
May 16, 2014 V1059627 $168,888 $-49,112 -23%

 

v1059627_1

Current Days on Market: 29 (0.08years)
Current ‘Official’ Days on Market: 29
2013 Assessment: $156,400
Desperation Score: 15.2

Bright and spacious 1 bedroom in Cameray Gardens. Located just off of Kingsway and Jersey Ave on the quiet residential side in a very well maintained building, this condo includes a full renovated bathroom, newer appliances, fresh paint & lovely patio. Walking distance to all amenities including the Patterson Skytrain Station, bus routes, Metrotown and Central Park. Low maintenance fees, great location and a very nice place to call home.


#3 ) Address:# 308 7428 19TH AV, Edmonds, Burnaby

March 20, 2011 V876853 $239,000 $0 0%
April 29, 2011 V876853 $236,500 $-2,500 -1%
May 11, 2011 V876853 removed after 52 days
May 15, 2011 V888408 $231,000 $-8,000 -3%
May 27, 2011 V888408 $225,000 $-14,000 -6%
June 14, 2011 V888408 $220,000 $-19,000 -8%
June 30, 2011 V888408 $210,000 $-29,000 -12%
August 03, 2011 V888408 removed after 80 days
September 23, 2011 V911689 $269,000 $0 0%
October 21, 2011 V911689 $249,000 $-20,000 -7%
January 16, 2012 V911689 removed after 115 days
February 19, 2012 V932499 $245,000 $-24,000 -9%
March 20, 2012 V932499 $229,000 $-40,000 -15%
May 28, 2012 V932499 removed after 99 days
June 04, 2012 V954387 $225,000 $-44,000 -16%
July 05, 2012 V954387 $219,000 $-50,000 -19%
August 31, 2012 V954387 removed after 88 days
September 16, 2012 V971922 $209,999 $-59,001 -22%
December 12, 2012 V971922 removed after 87 days
January 09, 2013 V984004 $219,000 $-50,000 -19%
February 07, 2013 V984004 $208,000 $-61,000 -23%
June 30, 2013 V984004 removed after 172 days
July 27, 2013 V1019686 $208,000 $-61,000 -23%
April 01, 2014 V1019686 removed after 248 days
May 14, 2014 V1064107 $199,000 $-70,000 -26%

 

v1064107_1

Current Days on Market: 1160 (3.18years)
Current ‘Official’ Days on Market: 9
2013 Assessment: $195,000
2011 Assessment: $207,700
2011 Last Sale: $195,000 on 13/Jul/2011
Total Loss IF sold for list price: 18,072 transaction costs and 4,000 profit on sale = LOSS of 14,072
Desperation Score: 13.9

Great value at Chateau Lyon. Top floor corner unit. No one above you and bright. Very affordable condo living in Burnaby Highgate Mall/Edmonds area. Very close to bus, school and Edmonds Community Centre. Large bedroom size and spacious floor plan. Why rent when you can own this almost 1,000 sf of living space with a very affordable mortgage payment. Please call listing agent to view.


#2 ) Address:# 1225 235 KEITH RD, Cedardale, West Vancouver

October 06, 2006 V603197 $314,000 $0 0%
October 23, 2006 V603197 $309,000 $-5,000 -2%
October 31, 2006 V603197 removed after 25 days
May 29, 2008 V711918 $326,900 $0 0%
September 23, 2008 V711918 removed after 117 days
April 08, 2010 V820024 $284,900 $-42,000 -13%
April 22, 2010 V820024 $279,900 $-47,000 -14%
July 06, 2010 V820024 removed after 89 days
September 02, 2013 V1024654 $249,900 $-77,000 -24%
December 28, 2013 V1024654 removed after 117 days
January 16, 2014 V1040958 $239,900 $-87,000 -27%
May 10, 2014 V1040958 removed after 114 days
May 19, 2014 V1064717 $239,900 $-87,000 -27%

 

v1064717_1

Current Days on Market: 263 (0.72years)
Current ‘Official’ Days on Market: 4
2013 Assessment: $239,400
Desperation Score: 16.5

Rarely offered garden view one bedroom in West Van’s Spuraway Gardens. Great outlook with loads of natural light. Suite has engineered hardwood throughout, updates to kitchen & bath – shows well! Resident owned & maintained. Transit is just steps away plus it’s a short walk to Park Royal shopping or the fitness trails of the Capilano Canyon. Spuraway has immaculately maintained grounds, a large outdoor pool and the Spuraway Lodge with guest accommodation. A very well maintained complex with a proven track record. Recent roof replacement & new elevator. Sorry, no pets allowed and rentals are restricted.


#1 ) Address:# 1605 1128 W HASTINGS ST, Coal Harbour, Vancouver West

October 23, 2009 V794371 $239,999 $0 0%
January 03, 2010 V794371 removed after 72 days
January 07, 2010 V802394 $244,900 $0 0%
February 17, 2010 V802394 $235,900 $-9,000 -4%
April 06, 2010 V802394 removed after 89 days
April 18, 2010 V823361 $222,000 $-22,900 -9%
May 30, 2010 V823361 removed after 42 days
September 23, 2010 V851468 $218,800 $-26,100 -11%
December 17, 2010 V851468 removed after 85 days
January 07, 2011 V862023 $218,800 $-26,100 -11%
March 30, 2011 V862023 removed after 82 days
April 09, 2011 V881075 $212,800 $-32,100 -13%
June 23, 2011 V881075 $199,800 $-45,100 -18%
August 06, 2011 V881075 removed after 119 days
January 19, 2012 V926133 $188,800 $-56,100 -23%
May 30, 2012 V926133 removed after 132 days
November 03, 2012 V979066 $174,000 $-70,900 -29%
June 30, 2013 V979066 removed after 239 days
December 02, 2013 V1037677 $187,000 $-57,900 -24%
March 19, 2014 V1037677 $175,000 $-69,900 -29%
May 16, 2014 V1037677 $168,000 $-76,900 -31%

 

v1037677_1

Current Days on Market: 1673 (4.58years)
Current ‘Official’ Days on Market: 172
2013 Assessment: $149,800
2011 Assessment: $176,000
Desperation Score: 17.5

Sold for $199,000 in October 2009!

Great opportunity to own a strata unit at “Marriott Pinnacle Hotel” in downtown financial core near waterfront – Share revenue from hotel guest rooms & facilities. The hotel is in walking to Stanley Park, waterfront, restaurants, shoppings, and Vancouver Conventional Centre. Owner is entitled to 30 days/year of free stay & use of pool & rec. facilities. Price includes furniture.


 

Weekly Drop Metro Vancouver Detached – May 19, 2014

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.

Vancouver West has 5 entries in the list this week


#10 ) Address:3416 W 41ST AV, Southlands, Vancouver West

May 10, 2014 V1063406 $1,558,000 $0 0%
May 13, 2014 V1063406 $1,198,000 $-360,000 -23%

 

v1063406_1

Current Days on Market: 11 (0.03years)
Current ‘Official’ Days on Market: 11
2013 Assessment: $1,115,000
2011 Assessment: $1,153,700
Desperation Score: 18.9

Charming and well maintained 3 bedroom, basement bungalow with walk-out basement. Close to all amenities & Kerrisdale shopping. Live in and hold for future development or build your dream home now. GREAT OPPORTUNITY FOR BUILDERS & INVESTORS

At least they quickly realized their initial price was mental


#9 ) Address:1157 PARK DR, South Granville, Vancouver West

June 18, 2012 V957179 $1,699,000 $0 0%
October 31, 2012 V957179 removed after 135 days
March 26, 2014 V1054250 $1,580,000 $-119,000 -7%
April 14, 2014 V1054250 $1,450,000 $-249,000 -15%
April 25, 2014 V1054250 $1,350,000 $-349,000 -21%
May 14, 2014 V1054250 $1,300,000 $-399,000 -23%

 

v1054250_1

Current Days on Market: 56 (0.15years)
Current ‘Official’ Days on Market: 56
2013 Assessment: $1,095,500
2011 Assessment: $1,043,500
Desperation Score: 29.8

45′ x 120′ lot in South Granville area. South facing on the high side of the street. Shopping, restaurants, banks nearby. Easy access to Richmond City Centre, Airport and UBC. Land value only. Lloyd George Elementary and Churchill Secondary School Catchment.

Keep on going


#8 ) Address:10 SENNOK CR, University, Vancouver West

May 09, 2007 V645896 $538,000 $0 0%
May 30, 2007 V645896 removed after 21 days
March 02, 2011 V872463 $880,000 $0 0%
May 25, 2011 V872463 removed after 84 days
June 22, 2011 V895556 $880,000 $0 0%
December 15, 2011 V895556 removed after 176 days
April 25, 2014 V1059982 $688,000 $-192,000 -22%
May 16, 2014 V1059982 $668,000 $-212,000 -24%

 

v1059982_1

Current Days on Market: 26 (0.07years)
Current ‘Official’ Days on Market: 26
2013 Assessment: Unknown
Desperation Score: 20.6

UBC leasehold home with nearly 5,000 sq ft of spacious living on gorgeous 1/4+ acre lot backing onto prestigious Shaughnessy Golf & Country Club. Upstairs features 3 spacious bedrooms & formal dining room, vaulted ceiling in living room, renovated kitchen with stainless appliances & large family room. This solid home features hot water radiant heat throughout. Walking distance to UBC, Pacific Spirit Park & Point Grey Golf & Country Club.


#7 ) Address:1513 W 68TH AV, S.W. Marine, Vancouver West

March 13, 2007 V634971 $938,000 $0 0%
August 01, 2007 V634971 removed after 141 days
March 15, 2012 V937203 $1,580,000 $0 0%
April 24, 2012 V937203 removed after 40 days
April 28, 2012 V946366 $1,368,000 $-212,000 -13%
May 30, 2012 V946366 removed after 32 days
May 15, 2014 V1064236 $1,188,000 $-392,000 -25%

 

v1064236_1

Current Days on Market: 6 (0.02years)
Current ‘Official’ Days on Market: 6
2013 Assessment: $1,033,200
2011 Assessment: $1,103,600
Desperation Score: 12.4

Very conveniently located on West 68th Avenue, just west of Granville Street, Vancouver. Close to bus stops, stores, banks, UBC and Vancouver Airport. The house is facing south. Motivated Seller. The property will be sold as is where is. Lot size, age, floor areas and room measurements are all approximate and buyers must verify.

“Motivated Seller. The property will be sold as is where is.”


#6 ) Address:2483 W 19TH AV, Arbutus, Vancouver West

June 13, 2010 V836056 $3,189,000 $0 0%
December 31, 2010 V836056 removed after 201 days
January 16, 2011 V863755 $3,368,000 $0 0%
February 17, 2011 V863755 removed after 32 days
December 07, 2011 V921719 $4,388,000 $0 0%
January 14, 2012 V921719 $4,180,000 $-208,000 -5%
March 15, 2012 V921719 removed after 99 days
March 19, 2012 V937858 $3,950,000 $-438,000 -10%
May 02, 2012 V937858 removed after 44 days
May 05, 2012 V947746 $3,798,000 $-590,000 -13%
May 29, 2012 V947746 $3,690,000 $-698,000 -16%
November 26, 2012 V947746 removed after 205 days
January 06, 2013 V983855 $3,690,000 $-698,000 -16%
March 13, 2013 V983855 $3,500,000 $-888,000 -20%
May 28, 2013 V983855 removed after 142 days
June 06, 2013 V1010762 $3,500,000 $-888,000 -20%
December 28, 2013 V1010762 removed after 205 days
January 16, 2014 V1040421 $3,580,000 $-808,000 -18%
February 28, 2014 V1040421 removed after 43 days
March 05, 2014 V1050177 $3,580,000 $-808,000 -18%
April 01, 2014 V1050177 $3,495,000 $-893,000 -20%
May 19, 2014 V1050177 $3,298,000 $-1,090,000 -25%

 

v1050177_1

Current Days on Market: 896 (2.45years)
Current ‘Official’ Days on Market: 77
2013 Assessment: $3,446,000
2012 Assessment: $3,351,000
2011 Assessment: $3,655,000
2011 Last Sale: $3,017,857 on 15/Feb/2011
Total Profit IF sold for list price: 161,301 transaction costs and 280,143 profit on sale = Profit of 118,842
Desperation Score: 24.1

Priced BELOW TAX value. This SOUTH facing 3-story custom built house with NEW home warranty in QUIET street with a handful of natural sunlight shining into the HIGH ceiling foyer through BIG windows and skylights. Located in famous Arbutusof Van West. Occupied & well-maintained by the pride of owner. High End Appliance with Double Chinese Kitchen.Just steps away from Trafalgar Elementary, Prince of Wales Secondary, 5 min drive to Lord Byng Secondary, shopping mall & Trafalgar Park. The 4058 SF living space with 6 bedrooms, 4 full & 2 half bath, & 5 backstreet PARKINGs are designed with more spacious,comfortable & functional layout.The half-basement features home theatre,recreation room & a BRIGHT suite. Priced to sell fast.

So these cretins actually purchased this home for a good price at least when compared to the assessment at the time.  They then list it less than a year later for an additional $1.3 million.  It’s taken two and a half years to drop $1.1 million and they are now below assessment.  It pains me that they might still get out of this with a profit.  Now for the pathetic description: “with a handful of natural sunlight shining into the HIGH ceiling foyer through BIG windows and skylights”, “Located in famous Arbutusof Van West”, “Occupied & well-maintained by the pride of owner”, “High End Appliance”, “5 backstreet PARKINGs”, “are designed with more spacious,comfortable & functional layout” – might as well quote the entire piece of crap description and once again it is brought to you by “Wonderful life starts in the Morning” Morning Yu.  I actually figured it was her even before I clicked on the link.  Sad, sad, sad…


#5 ) Address:6560 FRANCIS RD, Woodwards, Richmond

January 07, 2010 V802397 $1,498,000 $0 0%
January 07, 2010 V802397 removed after 0 days
January 13, 2010 V803383 $1,688,000 $0 0%
January 27, 2010 V803383 $1,498,000 $-190,000 -11%
February 25, 2010 V803383 removed after 43 days
August 18, 2011 V905616 $2,188,000 $0 0%
October 18, 2011 V905616 $1,998,000 $-190,000 -9%
February 15, 2012 V905616 removed after 181 days
May 21, 2013 V1006645 $1,799,000 $-389,000 -18%
June 26, 2013 V1006645 $1,699,000 $-489,000 -22%
August 07, 2013 V1006645 removed after 78 days
August 12, 2013 V1021964 $1,599,000 $-589,000 -27%
November 29, 2013 V1021964 removed after 109 days
May 19, 2014 V1065087 $1,595,000 $-593,000 -27%

 

v1065087_1

Current Days on Market: 365 (1.00years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $1,729,000
2011 Assessment: $1,953,000
Desperation Score: 18.0

A must see! 4,500 sq ft dream home on a rare huge 11,288 sq ft lot (83′ x 136.5′) in Woodwards. Power gated custom design/built by European builder with top craftsmanship, Crystal chandelier, maple cabinets and granite countertop, wok kitchen w/ crown mouldings throughout. 1 block to best school: London Secondary. Has separate nanny suite; stable rental income $850/month. Decent tenant, could be rented for $1,200/mo. 24 hrs notice to show.


#4 ) Address:1280 OTTAWA AV, Ambleside, West Vancouver

May 28, 2013 V1009273 $2,499,000 $0 0%
June 04, 2013 V1009273 $2,498,000 $-1,000 0%
August 22, 2013 V1009273 $2,298,000 $-201,000 -8%
November 29, 2013 V1009273 $2,198,000 $-301,000 -12%
February 13, 2014 V1009273 $2,098,000 $-401,000 -16%
March 05, 2014 V1009273 $1,980,000 $-519,000 -21%
May 01, 2014 V1009273 removed after 338 days
May 19, 2014 V1064694 $1,799,000 $-700,000 -28%

No Picture

Current Days on Market: 358 (0.98years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $2,282,000
Desperation Score: 33.6

Extra large size lot in Ambleside, huge house with 3 bedrooms & 3 bathrooms, spacious family room off kitchen on the main & 5 bedrooms & 3 bathrooms, 2 full size new kitchens down stairs needs some TLC to become an entertaining property, enjoy the south facing sun decks with some city & water views.

“needs some TLC to become an entertaining property”


#3 ) Address:115 MOUNTAIN DR, Lions Bay, West Vancouver

May 04, 2013 V1005028 $950,000 $0 0%
June 28, 2013 V1005028 $989,800 $0 0%
July 06, 2013 V1005028 $898,800 $-91,000 -9%
August 07, 2013 V1005028 removed after 95 days
September 14, 2013 V1026824 $868,900 $-120,900 -12%
October 14, 2013 V1026824 $832,900 $-156,900 -16%
November 15, 2013 V1026824 $799,900 $-189,900 -19%
December 09, 2013 V1026824 removed after 86 days
December 13, 2013 V1038794 $799,900 $-189,900 -19%
February 05, 2014 V1038794 $775,900 $-213,900 -22%
March 12, 2014 V1038794 removed after 89 days
March 17, 2014 V1052745 $752,900 $-236,900 -24%
April 15, 2014 V1052745 $729,900 $-259,900 -26%
May 15, 2014 V1052745 $707,900 $-281,900 -28%

 

v1052745_1

Current Days on Market: 382 (1.05years)
Current ‘Official’ Days on Market: 65
2013 Assessment: $837,000
Desperation Score: 41.9

Enjoy the ocean view from this contemporary home nestled on huge private lot. 4 bedrooms, 3 baths, two wood burning fireplaces, good size kitchen with centre island, sunken living room. Great investment with a little updating, call today to view.


#2 ) Address:7156 BROADWAY, Montecito, Burnaby

September 23, 2013 V1028544 $2,798,000 $0 0%
January 22, 2014 V1028544 $2,298,000 $-500,000 -18%
April 14, 2014 V1028544 removed after 203 days
April 28, 2014 V1060296 $2,368,000 $-430,000 -15%
May 14, 2014 V1060296 removed after 16 days
May 19, 2014 V1064813 $1,888,000 $-910,000 -33%

 

v1064813_1

Current Days on Market: 240 (0.66years)
Current ‘Official’ Days on Market: 2
2013 Assessment: $1,301,000
2011 Assessment: $1,291,000
Desperation Score: 31.5

Come view this Stunning Dream Home, 7209 sqft, 3 Level Custom Built Family Home, over $550,000., in upgrades in the past 4 years. Major Upgrades, Include New Tiled Roof, New Paint, New Window Coverings, 2 New Hot Water Tanks, Walnut h/wflrs, Top of Line Stainless Steel Appliances and the list goes on. Two Master Bedrooms, 6 &1/2 Baths. Gourmet Kitchen Open Style to Eating and Family Room, Perfect for Kids Play. Basement includes home theatre, games room with pool table, hot tub room and an one bedroom self contained nanny suite. Triple Garage. Close to Montecito Elementary, Ecole Sperling Elementary, Burnaby North Secondary, SFU, Skytrain, Bus Transit, Lougheed Mall, Han Nam Supermarket, Brentwood Mall, All Rec Centres.

So they renovate a $1 million house with with $550K in upgrades(sure ya did) then list it for $2.8 million… yeah makes sense.  Down $910K and 33% and still way overpriced


 

#1 ) Address:8260 GILBERT RD, Broadmoor, Richmond

February 14, 2007 V630318 $649,000 $0 0%
June 13, 2007 V630318 removed after 119 days
March 13, 2008 V694070 $718,000 $0 0%
October 01, 2008 V694070 removed after 202 days
April 21, 2010 V823712 $920,000 $0 0%
July 15, 2010 V823712 removed after 85 days
July 22, 2012 V963270 $3,180,000 $0 0%
September 24, 2012 V963270 removed after 64 days
September 29, 2012 V974169 $2,888,000 $-292,000 -9%
December 11, 2012 V974169 removed after 73 days
January 27, 2013 V987440 $2,788,000 $-392,000 -12%
March 02, 2013 V987440 removed after 34 days
March 27, 2013 V997538 $2,813,000 $-367,000 -12%
June 19, 2013 V997538 $2,748,000 $-432,000 -14%
July 20, 2013 V997538 $2,680,000 $-500,000 -16%
September 02, 2013 V997538 removed after 159 days
October 18, 2013 V1032313 $2,488,000 $-692,000 -22%
January 27, 2014 V1032313 removed after 101 days
January 31, 2014 V1044398 $2,488,000 $-692,000 -22%
March 24, 2014 V1044398 removed after 52 days
March 28, 2014 V1054792 $2,180,000 $-1,000,000 -31%
May 08, 2014 V1054792 removed after 41 days
May 16, 2014 V1064651 $1,998,000 $-1,182,000 -37%

 

v1064651_1

Current Days on Market: 668 (1.83years)
Current ‘Official’ Days on Market: 5
2013 Assessment: $1,858,000
2011 Assessment: $1,849,000
Desperation Score: 40.8

RARE GEM on Gilbert Road!! A designer’s masterpiece with exceptional workmanship. Amazing QUIET thanks to the architectural layout. Open concept layout on the main floor – well ventilated interior. High end SS appliances!! Tremendous lighting allocation inside out – detailed ceiling, mouldings plus natural lighting within the house make this property BRIGHT and FUN! Heavy use of expensive/unique tiles throughout the house. Huge outdoor sundeck equiped with gas BBQ stove, colourful LED lights in the family room & media room with WET BAR provides countless opportunities for parties & gathering. Media room can be easily converted into an in-law or guest suite. Steps away to Ferris Elementary & Richmond High School.

37% in drops and yet still above assessment

Weekly Desperation Score Suburbs – May 14, 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 the highest desperation score which is a formula based on price changes, relists and amounts pro rated for recency.  This will hopefully provide a more interesting look at the suburbs since previous weekly drops for these areas were completely filled with old condo’s and lot sales

Coquitlam has 3 listings this week


#10 ) Address:# 22 22977 116TH AV, East Central, Maple Ridge

January 01, 2011 V861756 $449,000 $0 0%
January 19, 2011 V861756 $469,900 $0 0%
April 01, 2011 V861756 removed after 90 days
April 10, 2011 V881393 $468,800 $-1,100 0%
November 01, 2011 V881393 removed after 205 days
February 14, 2014 V1047084 $349,900 $-120,000 -26%
March 10, 2014 V1047084 $329,900 $-140,000 -30%
April 08, 2014 V1047084 $309,900 $-160,000 -34%
May 01, 2014 V1047084 removed after 76 days
May 12, 2014 V1063607 $290,000 $-179,900 -38%

No Picture

Current Days on Market: 90 (0.25years)
Current ‘Official’ Days on Market: 3
2013 Assessment: $377,000
Desperation Score: 34.6

Welcome to your “Duet” deluxe townhouse including 7 stainless steel appliances, deluxe finish which includesmaple kitchen with granite counter tops, laminate floors, electric fireplace, 3 bedrooms, 3 bathrooms, crown moldings, balance of10 year warranty, located near schools, shopping, transit & parks. Only 3 years young this home provides lots ofspace in a well thought out floor plan. Huge oversize master ensuite (10’x19′) large enough for a treadmill.Investors! This could be a revenue positive investment opportunity! Ask me how.


#9 ) Address:33214 GEORGE FERGUSON WY, Central Abbotsford, Abbotsford

January 16, 2008 F2801102 $419,000 $0 0%
February 05, 2008 F2801102 removed after 20 days
November 27, 2013 F1326159 $328,000 $-91,000 -22%
December 19, 2013 F1326159 $312,500 $-106,500 -25%
January 19, 2014 F1326159 $300,000 $-119,000 -28%
February 20, 2014 F1326159 removed after 85 days
March 12, 2014 F1405637 $289,990 $-129,010 -31%
April 07, 2014 F1405637 $281,000 $-138,000 -33%
May 10, 2014 F1405637 $274,400 $-144,600 -35%

 

f1405637_1

Current Days on Market: 169 (0.46years)
Current ‘Official’ Days on Market: 64
2013 Assessment: $303,700
Desperation Score: 34.7

3100 sqft for under $300,000!! Don’t miss this opportunity! Rancher with basement on a 5600 sf lot in Central Abbotsford. Close to shopping, Restaurants, and all amenities. 2 Bedroom upstairs, with an additional bedroom downstairs. Separate entrance to the basement as well. Home is in clean condition and shows well. Call today.


#8 ) Address:# 107 99 BEGIN ST, Maillardville, Coquitlam

February 21, 2013 V991877 $234,900 $0 0%
April 03, 2013 V991877 removed after 41 days
April 29, 2013 V1003830 $225,000 $-9,900 -4%
June 28, 2013 V1003830 $195,000 $-39,900 -17%
December 28, 2013 V1003830 removed after 243 days
January 16, 2014 V1041351 $188,900 $-46,000 -20%
February 19, 2014 V1041351 $178,900 $-56,000 -24%
March 20, 2014 V1041351 $172,900 $-62,000 -26%
April 08, 2014 V1041351 $167,900 $-67,000 -29%
May 14, 2014 V1041351 $162,900 $-72,000 -31%

 

v1041351_1

Current Days on Market: 448 (1.23years)
Current ‘Official’ Days on Market: 119
2013 Assessment: $174,000
Desperation Score: 35.7

Coquitlam 2 bedroom/2 Bathroom for under $200k?!? This garden suite is located MINUTES FROM: Braid Skytrain station, commuter routes, shopping, Silver City, Superstore & more! Open living/dining area w/pass through to spacious kitchen & access to large covered patio. Master bedroom is great size & has walk in closet & 4pc ensuite w/cheater door to main 2 piece bathroom. BONUS: Secured parking. In-suite laundry, pet friendly (with restrictions). Easy to see, call for an appointment!


#7 ) Address:1313 HOLLYBROOK ST, Burke Mountain, Coquitlam

April 27, 2013 V1003543 $439,000 $0 0%
April 29, 2013 V1003543 removed after 2 days
January 16, 2014 V1041483 $1,149,900 $0 0%
January 19, 2014 V1041483 $1,075,000 $-74,900 -7%
March 14, 2014 V1041483 $1,049,900 $-100,000 -9%
March 20, 2014 V1041483 $999,000 $-150,900 -13%
March 25, 2014 V1041483 removed after 68 days
March 27, 2014 V1054596 $900,000 $-249,900 -22%
April 02, 2014 V1054596 $999,000 $-150,900 -13%
May 14, 2014 V1054596 $975,000 $-174,900 -15%

 

v1054596_1

Current Days on Market: 119 (0.33years)
Current ‘Official’ Days on Market: 49
2013 Assessment: $770,000
Desperation Score: 35.8

Magnificent residence w/exquisite DESIGNER taste in prestigious Burke Mountain in a quiet neibourhood Features of this incredible home include huge windows, open modern & stunning. Formal Great room with 20ft high ceiling and elegant fireplace looking onto greenbelt. Huge Dining Room w/French doors opens to balcony overlooking fenced backyard. Modern Kitchen w/huge Island and large entertaining area. Upstairs FOUR Bedrooms. THREE full bathrooms. A huge Master Bedroom w/loft ceiling, jetted tub, separate shower, his & her closet. Lower level w/large Storage & a bright walkout large legal two bedroom legal suite w/ separate entrance & patio & Laundr


#6 ) 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%
March 11, 2014 V1038918 removed after 84 days
March 26, 2014 V1054239 $819,000 $-680,000 -45%
May 08, 2014 V1054239 $774,000 $-725,000 -48%

 

v1054239_1

Current Days on Market: 252 (0.69years)
Current ‘Official’ Days on Market: 50
2013 Assessment: $912,000
Desperation Score: 35.9

Beautiful home in desirable Arbutus Landing, this is a stunning waterfront property. The south-facing ocean views can be enjoyed from the amazing decks. 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.


#5 ) 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%
May 13, 2014 V1029683 $79,000 $-90,000 -53%

 

v1029683_1

Current Days on Market: 766 (2.10years)
Current ‘Official’ Days on Market: 227
2013 Assessment: Unknown
Desperation Score: 36.7

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.


#4 ) Address:3088 FIRESTONE PL, Westwood Plateau, Coquitlam

September 23, 2013 V1028385 $1,299,000 $0 0%
October 23, 2013 V1028385 removed after 30 days
November 11, 2013 V1035448 $1,399,000 $0 0%
December 05, 2013 V1035448 $1,365,000 $-34,000 -2%
January 22, 2014 V1035448 $1,360,000 $-39,000 -3%
January 31, 2014 V1035448 removed after 81 days
February 08, 2014 V1045968 $1,359,800 $-39,200 -3%
February 16, 2014 V1045968 $1,338,800 $-60,200 -4%
February 19, 2014 V1045968 $1,318,800 $-80,200 -6%
February 21, 2014 V1045968 $1,289,800 $-109,200 -8%
March 26, 2014 V1045968 $1,279,800 $-119,200 -9%
April 17, 2014 V1045968 removed after 68 days
April 21, 2014 V1059348 $1,269,000 $-130,000 -9%
May 08, 2014 V1059348 $1,198,000 $-201,000 -14%

 

v1059348_1

Current Days on Market: 234 (0.64years)
Current ‘Official’ Days on Market: 24
2013 Assessment: $1,247,000
Desperation Score: 38.0

Must Sell!! Don’t miss this great opportunity to own in this amazing neighbourhood of Hampton Green. Home is over 5000sq ft enter thru the lovely foyer with the dble spiral staircase, continue to the room & dining room & then the amazingoversized kitchen for the cooks out there & family room, 4 bedrooms up & a 2 bedroom bsmt suite down. Enjoy the private backyard backing on to greenbelt. Open house May 10th from 2-4 To view or book private showing call listing agent.


#3 ) Address:20761 GRADE CR, Langley City, Langley

May 17, 2008 F2814627 $458,800 $0 0%
June 13, 2008 F2814627 $439,800 $-19,000 -4%
August 08, 2008 F2814627 $429,800 $-29,000 -6%
November 01, 2008 F2814627 removed after 168 days
February 26, 2012 F1204926 $439,000 $-19,800 -4%
April 21, 2012 F1204926 $429,000 $-29,800 -6%
May 11, 2012 F1204926 removed after 75 days
August 26, 2012 F1221558 $449,700 $-9,100 -2%
September 19, 2012 F1221558 $439,700 $-19,100 -4%
October 01, 2012 F1221558 $429,700 $-29,100 -6%
October 24, 2012 F1221558 $419,700 $-39,100 -9%
November 08, 2012 F1221558 removed after 74 days
August 24, 2013 F1319771 $525,000 $0 0%
September 23, 2013 F1319771 $499,900 $-25,100 -5%
September 25, 2013 F1319771 removed after 32 days
October 04, 2013 F1322929 $499,900 $-25,100 -5%
October 25, 2013 F1322929 $479,000 $-46,000 -9%
March 03, 2014 F1322929 removed after 150 days
March 17, 2014 F1405922 $475,000 $-50,000 -10%
March 27, 2014 F1405922 $459,900 $-65,100 -12%
April 14, 2014 F1405922 $440,000 $-85,000 -16%
May 14, 2014 F1405922 $400,000 $-125,000 -24%

 

f1405922_1

Current Days on Market: 264 (0.72years)
Current ‘Official’ Days on Market: 59
2013 Assessment: $492,000
Desperation Score: 39.0

Beautiful 5 bedroom home with unauthorized suite perfect for 1st time buyer or investor, situated in a very quiet area of Langley, close to all amenities. This home features a great open floor plan with vaulted ceilings and floor to ceilinggas fireplace. Sunken living room, new laminate, tile & carpet. Very large fenced backyard. Large workshop. Great neighbourhood. Walking trails close by. Don’t miss your chance to see this wonderful home. Quick possession available book your viewing today.


#2 ) Address:16156 59TH AV, Cloverdale BC, Cloverdale

November 03, 2013 F1324814 $1,300,000 $0 0%
November 23, 2013 F1324814 $1,275,000 $-25,000 -2%
January 23, 2014 F1324814 $1,150,000 $-150,000 -12%
February 12, 2014 F1324814 $1,125,000 $-175,000 -13%
February 19, 2014 F1324814 $1,110,000 $-190,000 -15%
February 20, 2014 F1324814 removed after 109 days
February 24, 2014 F1404423 $1,100,000 $-200,000 -15%
February 27, 2014 F1404423 removed after 3 days
March 28, 2014 F1407138 $985,000 $-315,000 -24%
May 14, 2014 F1407138 $895,000 $-405,000 -31%

 

f1407138_1

THIS IS A FAKE PICTURE!!!!

Current Days on Market: 193 (0.53years)
Current ‘Official’ Days on Market: 48
2013 Assessment: $476,000

Bought in September 2013 for $580,000 in likely a private sale and then more than doubled the price a couple of months later
Desperation Score: 41.3

Close to developing area of Cloverdale’s West side. 6.07 park-like acres cleared and drained. Overlooking a stunning pastoral at the heart of this lovely property. Situated on quiet no-thru street, Million dollar homes in this brand new neighborhood. Fill on property and 80×240 compacted ready to build your dream home and turn this piece of land into a hobby farm. Last parcel in this subdivision. This property has a potential upside as parcels close by are being zoned One Acre Lots.


#1 ) Address:32570 DEWDNEY TRUNK RD, Mission BC, Mission

May 02, 2008 F2812861 $649,000 $0 0%
May 23, 2008 F2812861 $629,000 $-20,000 -3%
June 20, 2008 F2812861 $595,000 $-54,000 -8%
July 24, 2008 F2812861 $549,000 $-100,000 -15%
October 25, 2008 F2812861 $529,000 $-120,000 -18%
February 06, 2009 F2812861 $519,000 $-130,000 -20%
March 11, 2009 F2812861 removed after 313 days
May 05, 2009 F2909120 $519,000 $-130,000 -20%
November 12, 2009 F2909120 removed after 191 days
July 21, 2010 F1019889 $514,900 $-134,100 -21%
September 22, 2010 F1019889 $499,500 $-149,500 -23%
November 18, 2010 F1019889 removed after 120 days
July 13, 2011 F1117654 $549,000 $-100,000 -15%
July 06, 2012 F1117654 removed after 359 days
August 05, 2013 F1318464 $479,000 $-170,000 -26%
October 30, 2013 F1318464 removed after 86 days
November 23, 2013 F1325881 $449,700 $-199,300 -31%
February 25, 2014 F1325881 removed after 94 days
February 27, 2014 F1404620 $437,000 $-212,000 -33%
February 28, 2014 F1404620 $419,000 $-230,000 -35%
April 17, 2014 F1404620 $369,000 $-280,000 -43%
May 10, 2014 F1404620 $339,000 $-310,000 -48%

 

f1404620_1

Current Days on Market: 283 (0.78years)
Current ‘Official’ Days on Market: 77
2013 Assessment: $473,000
Desperation Score: 41.6

“Neighborhood Commercial Zoning”. 1.15 Acres the original Cedar Valley lumberyard. Massive warehouse style shops with over 6000 sq.ft. including mezzanine area. Great for autobody, mechanics, welding or ?? On City water, natural gas, 200 amp service in shops. Older solid character home plus a studio apartment over the shop. Parking for 30 vehicles. 1000 sq.ft house, 1000 sq.ft. apt + 6000 sq.ft. shops. Loads of $monthly rent. A rear find, tons of potential. Court ordered sale!