Vancouver Price Drop

Documenting Vancouver real estate price movements

Spotlight Vancouver West Attached – July 3, 2014

Over the next couple of weeks I’ll try to do all of the spotlights going through each city and showing the top 10 properties based on the desperation formula.  Likely no red comments and no assessment data since those are both pretty time consuming but feel free to contribute your thoughts in the comments section

 


#10 ) Address:# 202 2020 TRAFALGAR ST, Kitsilano, Vancouver West

May 14, 2014 V1064072 $410,000 $0 0%
June 02, 2014 V1064072 $399,000 $-11,000 -3%
June 16, 2014 V1064072 $379,000 $-31,000 -8%
June 27, 2014 V1064072 $325,000 $-85,000 -21%

 

v1064072_1

Current Days on Market: 51 (0.14years)
Current ‘Official’ Days on Market: 51
Desperation Score: 26.8

Large 1 bdrm corner unit 685 sqft with balcony, and fireplace, in Kits, new laminate floors. Great location 4th and Trafalgar, close to shops and restaurants, bike to UBC or the beach. Great Price at $325,000…Cannot Beat This!!Pets OK.


#9 ) Address:# 211 2885 SPRUCE ST, Fairview, Vancouver West

April 05, 2008 V698987 $325,000 $0 0%
May 02, 2008 V698987 removed after 27 days
December 05, 2013 V1037798 $358,000 $0 0%
February 21, 2014 V1037798 $349,800 $-8,200 -2%
March 04, 2014 V1037798 removed after 89 days
March 07, 2014 V1050852 $344,800 $-13,200 -4%
April 02, 2014 V1050852 $334,800 $-23,200 -6%
April 16, 2014 V1050852 $328,000 $-30,000 -8%
May 26, 2014 V1050852 $318,000 $-40,000 -11%
June 23, 2014 V1050852 removed after 108 days
July 02, 2014 V1073083 $312,900 $-45,100 -13%

 

v1073083_1

Current Days on Market: 211 (0.58years)
Current ‘Official’ Days on Market: 2
Desperation Score: 27.4

Move-in ready, immaculate, modern and stylish 1 BR looking for a new owner! Spacious layout, Bosh washer/dryer, closet organizers, added pantry, custom window coverings, high quality laminate and tile flooring. Covered balcony, 1 underground parking with wall mounted bike rack and a storage locker. Worry-free, solid building in a desirable walking distance location to South Granville shops, False Creek, VGH, parks, restaurants and transit. Strata fee includes Heat & Hot Water. Rentals at max. Cats allowed, but No Dogs. Depreciation Report completed in 2012. Upgrades: Piping, Balconies, Parkade Membrane, Boilers, Lobby, Hallway & Landscaping. Call … See … and get ready to Move-in!


#8 ) Address:2721 W 5TH AV, Kitsilano, Vancouver West

June 13, 2013 V1012184 $1,380,000 $0 0%
September 16, 2013 V1012184 removed after 95 days
September 20, 2013 V1028128 $1,259,000 $-121,000 -9%
November 23, 2013 V1028128 $1,249,000 $-131,000 -9%
December 28, 2013 V1028128 removed after 99 days
January 04, 2014 V1039850 $1,248,000 $-132,000 -10%
January 04, 2014 V1039850 removed after 0 days
January 16, 2014 V1040334 $1,248,000 $-132,000 -10%
February 14, 2014 V1040334 $1,188,000 $-192,000 -14%
April 08, 2014 V1040334 removed after 82 days
April 25, 2014 V1060161 $1,088,000 $-292,000 -21%

 

v1060161_1

Current Days on Market: 386 (1.06years)
Current ‘Official’ Days on Market: 70
Desperation Score: 28.3

Affordable brand new 3 levels half duplex home in KITS area !!! 2 generous sizes bedroom with 2 full baths, potential unit in basement may easily convert into in-law or nanny suite. HRV, BOSCH S/S appliances, engineer hardwood flooring, excellent workmanship. Gordon Elementary / Kitsilano Secondary catchment. Steps to shopping, transits, beach and all amenities. Call today for your private showing. Price to sell !


#7 ) Address:# 414 1040 PACIFIC ST, West End, Vancouver West

November 25, 2012 V981209 $274,900 $0 0%
February 06, 2013 V981209 removed after 73 days
February 08, 2013 V989681 $269,900 $-5,000 -2%
April 30, 2013 V989681 removed after 81 days
May 02, 2013 V1004481 $263,900 $-11,000 -4%
June 11, 2013 V1004481 removed after 40 days
June 13, 2013 V1012144 $249,900 $-25,000 -9%
July 29, 2013 V1012144 removed after 46 days
August 01, 2013 V1020167 $248,000 $-26,900 -10%
September 25, 2013 V1020167 removed after 55 days
September 28, 2013 V1029393 $238,000 $-36,900 -13%
November 11, 2013 V1029393 removed after 44 days
January 16, 2014 V1041422 $299,500 $0 0%
February 27, 2014 V1041422 $289,000 $-10,500 -4%
March 17, 2014 V1041422 removed after 60 days
March 21, 2014 V1053599 $284,950 $-14,550 -5%
April 21, 2014 V1053599 $279,950 $-19,550 -7%

 

v1053599_1

Current Days on Market: 586 (1.61years)
Current ‘Official’ Days on Market: 105
Desperation Score: 29.1

1 bedroom + den/enclosed balcony at Chelsea Terrace. The immaculate home has been completely redone with high quality materials & craftmanship. The list of renovations is too long to mention, but include a gourmet kitchen with new cabinets, quartz countertops, new stainless steel appliances, glass tile backsplash & ample cabinet & storage space, new flooring & paint throughout, new bathroom complete with new vanity, hardware, bathtub, tiling & luxurious multi jet rainshower. Features include a great space maximizing layout & a large bedroom with electric fireplace. Located just 1 block from sunset beach & the seawall, Yaletown, the Westend & English Bay are all within walking distance. Open house Sun Jun. 22nd, 3:30-5pm.


#6 ) Address:# 601 1372 SEYMOUR ST, Downtown, Vancouver West

February 19, 2014 V1047753 $1,598,000 $0 0%
March 25, 2014 V1047753 $1,528,000 $-70,000 -4%
April 08, 2014 V1047753 $1,468,000 $-130,000 -8%
April 22, 2014 V1047753 removed after 62 days
April 30, 2014 V1061050 $1,378,000 $-220,000 -14%
June 06, 2014 V1061050 $1,238,000 $-360,000 -23%

 

v1061050_1

Current Days on Market: 135 (0.37years)
Current ‘Official’ Days on Market: 65
Desperation Score: 29.2

Smooth finish ceilings and electronically controlled roller blinds. The home is also equipped with home automation by Control4.This residence boasts close to 2,600 sqft of private outdoor space. The terrace is accessed through an accordion window-wall providing a seamless transition between indoor and outdoor living. Decks wrap around the entire main floor and stairs lead up to the incredible private roof deck, half of which is a fully irrigated lawn giving the feeling of your own back yard in the middle of the city! There are also three natural gas hook ups. The Mark offers some of the best amenities in Yaletown. These include a stunning outdoor pool and hot tub, steam room, sauna, Yoga room, fully equipped gym with multiple cardio machines and free weights. Numerous Lounges and meeting rooms and 24 hour concierge service. 2 side x side parking and storage included.


#5 ) Address:# 309 1210 W 8TH AV, Fairview, Vancouver West

October 21, 2009 V793909 $499,000 $0 0%
November 09, 2009 V793909 removed after 19 days
October 23, 2013 V1032976 $628,000 $0 0%
November 15, 2013 V1032976 $612,800 $-15,200 -2%
December 28, 2013 V1032976 removed after 66 days
January 16, 2014 V1041658 $612,800 $-15,200 -2%
March 13, 2014 V1041658 $599,000 $-29,000 -5%
April 24, 2014 V1041658 $589,000 $-39,000 -6%
April 29, 2014 V1041658 removed after 103 days
May 01, 2014 V1061364 $589,000 $-39,000 -6%
May 14, 2014 V1061364 $569,000 $-59,000 -9%
June 09, 2014 V1061364 removed after 39 days
June 16, 2014 V1069870 $545,000 $-83,000 -13%

 

v1069870_1

Current Days on Market: 254 (0.70years)
Current ‘Official’ Days on Market: 18
Desperation Score: 31.0

Welcome to The Galleria, a fully rain screened building situated in a perfect Fairview slopes location. This unit features 2bed/2bath with almost 1000 sqft. Fully Renovated with S/S appliances, quartz countertops and lots of gorgeous custom work. This unit has beautiful expansive views of the city and mountains. This unit features a very large master bedroom 16’11 x 12’5, wood burning fireplace etc. Location close to Whole Foods, Home Depot, London Drugs, Shoppers Drugmart, VGH and numerous wonderful restaurants and shops.


#4 ) Address:# 1602 1833 CROWE ST, False Creek, Vancouver West

December 22, 2009 V797961 $1,590,000 $0 0%
May 14, 2010 V797961 removed after 143 days
June 13, 2010 V835087 $1,688,000 $0 0%
August 03, 2010 V835087 removed after 51 days
August 22, 2010 V846719 $1,668,000 $-20,000 -1%
January 01, 2011 V846719 removed after 132 days
January 12, 2011 V862823 $1,488,000 $-200,000 -12%
February 04, 2011 V862823 $1,478,000 $-210,000 -12%
April 05, 2011 V862823 removed after 83 days
August 15, 2012 V966427 $1,199,000 $-489,000 -29%
March 01, 2013 V966427 removed after 198 days
September 28, 2013 V1029112 $1,196,000 $-492,000 -29%
November 15, 2013 V1029112 $1,130,300 $-557,700 -33%
December 28, 2013 V1029112 $1,099,000 $-589,000 -35%
February 10, 2014 V1029112 $1,038,600 $-649,400 -38%
March 27, 2014 V1029112 $999,900 $-688,100 -41%
May 13, 2014 V1029112 $945,000 $-743,000 -44%
June 23, 2014 V1029112 removed after 268 days
June 27, 2014 V1072451 $925,900 $-762,100 -45%

 

v1072451_1

Current Days on Market: 279 (0.76years)
Current ‘Official’ Days on Market: 7
Desperation Score: 31.3

Fantastic PENTHOUSE unit situated on the NE corner with unobstructed view of Downtown, mountains and False Creek. This rare unit offers 3 bedroom + den, 2 baths, in-suite storage, central AC, radiant hot water heating, high end finishings and breathtaking balcony with incredible views. Formal sized living + dining areas with engineered hardwood flooring throughout and 1216 square feet of total living space. Built by reputable Polygon with remaining New Home Warranty. Very accessible to public transit, Canada Line, Olympic village and minutes to Downtown. Pets and rentals welcomed. Fantastic value!


#3 ) Address:# 18 5605 HAMPTON PL, University, Vancouver West

November 06, 2009 V796405 $738,000 $0 0%
November 10, 2009 V796405 $748,000 $0 0%
November 25, 2009 V796405 $699,000 $-49,000 -7%
December 01, 2009 V796405 removed after 25 days
October 07, 2012 V975675 $749,000 $0 0%
October 24, 2012 V975675 $727,900 $-21,100 -3%
November 05, 2012 V975675 removed after 29 days
November 16, 2012 V980287 $724,900 $-24,100 -3%
November 19, 2012 V980287 removed after 3 days
November 28, 2012 V981347 $724,900 $-24,100 -3%
December 28, 2012 V981347 $709,000 $-40,000 -5%
January 11, 2013 V981347 $706,000 $-43,000 -6%
January 18, 2013 V981347 $699,000 $-50,000 -7%
February 13, 2013 V981347 removed after 77 days
February 16, 2013 V991074 $729,000 $-20,000 -3%
February 19, 2013 V991074 removed after 3 days
February 21, 2013 V991898 $680,000 $-69,000 -9%
May 30, 2013 V991898 removed after 98 days
June 11, 2013 V1011846 $669,000 $-80,000 -11%
September 04, 2013 V1011846 removed after 85 days
September 09, 2013 V1025940 $669,000 $-80,000 -11%
December 02, 2013 V1025940 removed after 84 days
December 09, 2013 V1038227 $668,888 $-80,112 -11%
March 05, 2014 V1038227 removed after 86 days
March 13, 2014 V1052078 $631,000 $-118,000 -16%
June 04, 2014 V1052078 removed after 83 days
July 02, 2014 V1072672 $598,900 $-150,100 -20%

 

v1072672_1

Current Days on Market: 635 (1.74years)
Current ‘Official’ Days on Market: 2
Desperation Score: 31.3

Charming, 2 levels desirable and sought after HAMPTON PLACE Town Home with southern and northern courtyard exposure. The pemberley complex is a Double Georgie Gold Award winner for landscaping and architecture. Traditional layout with entrance on main and two bedrooms up, with its own ensuite. The second bedroom offers a separate entrance leading to a patio & tranquil inner courtyard. This home is perfect for a retiree or a student or two studying during their UBC degree program. Upgraded, Mirage maple hardwood, Italian slate and Berber carpet flooring. Viewings strictly by appointment with strict 24 hour minimum notice.


#2 ) Address:# 612 1485 W 6TH AV, False Creek, Vancouver West

November 04, 2012 V979254 $1,100,000 $0 0%
November 22, 2012 V979254 $999,000 $-101,000 -9%
December 14, 2012 V979254 $999,900 $-100,100 -9%
December 22, 2012 V979254 $984,900 $-115,100 -10%
January 26, 2013 V979254 $974,900 $-125,100 -11%
March 02, 2013 V979254 $964,900 $-135,100 -12%
April 12, 2013 V979254 $939,900 $-160,100 -15%
May 01, 2013 V979254 $924,900 $-175,100 -16%
July 12, 2013 V979254 removed after 250 days
July 13, 2013 V1017460 $1,100,000 $0 0%
August 10, 2013 V1017460 $999,900 $-100,100 -9%
September 12, 2013 V1017460 $984,900 $-115,100 -10%
October 09, 2013 V1017460 $979,900 $-120,100 -11%
December 09, 2013 V1017460 $974,900 $-125,100 -11%
February 28, 2014 V1017460 $944,900 $-155,100 -14%
March 28, 2014 V1017460 $919,900 $-180,100 -16%
May 15, 2014 V1017460 $899,900 $-200,100 -18%

 

v1017460_1

Current Days on Market: 607 (1.66years)
Current ‘Official’ Days on Market: 356
Desperation Score: 32.0

Stunning view from beautiful 2 lvl 2 bedroom, 2 bath, 2 parking & a locker. Open floor concept with large spacious rooms at the ever sought-after location. Full panoramic scene & dazzling sunset. Spacious master bedroom w/ensuite& plenty of sunshine from the bright & roomy living room. S/S appliances, laminate flrs,tiled gas fireplace, gas stove, private rooftop patio w/view. Bosa Dev built in 2000. Owner has customized this home, in good condition. Fabulous view of Northshore mtn & city. Next to Granville Is, Downtown & easy access to public transport, shopping, restaurants & theatre. Well run & well maint bldg by a proactive strata council w/large contingency fund. Pls give 24 hrs notice. Buyer to verify measurements.


#1 ) Address:# 506 1680 W 4TH AV, False Creek, Vancouver West

April 07, 2011 V880435 $678,000 $0 0%
April 12, 2011 V880435 $668,000 $-10,000 -1%
May 04, 2011 V880435 $650,000 $-28,000 -4%
June 01, 2011 V880435 removed after 55 days
June 24, 2011 V896219 $648,000 $-30,000 -4%
September 01, 2011 V896219 removed after 69 days
September 18, 2011 V910957 $628,000 $-50,000 -7%
October 08, 2011 V910957 $618,000 $-60,000 -9%
January 01, 2012 V910957 removed after 105 days
October 17, 2013 V1032127 $688,000 $0 0%
October 21, 2013 V1032127 $668,000 $-20,000 -3%
November 11, 2013 V1032127 $648,000 $-40,000 -6%
December 05, 2013 V1032127 $618,000 $-70,000 -10%
December 28, 2013 V1032127 removed after 72 days
January 16, 2014 V1040078 $598,000 $-90,000 -13%
January 23, 2014 V1040078 $578,000 $-110,000 -16%
February 22, 2014 V1040078 $568,000 $-120,000 -17%
March 17, 2014 V1040078 removed after 60 days
March 24, 2014 V1053996 $558,000 $-130,000 -19%
April 23, 2014 V1053996 $549,000 $-139,000 -20%
May 28, 2014 V1053996 removed after 65 days
June 16, 2014 V1070509 $539,000 $-149,000 -22%

 

v1070509_1

Current Days on Market: 260 (0.71years)
Current ‘Official’ Days on Market: 18
Desperation Score: 36.8

Geothermally heated, concrete building built by reputed Cressey Development. Mantra offers the ultimate luxury. Unit faces north on the top floor offering panoramic view stretching from Science World, North Shore, D/T, Burrard Inlet. Spacious 200 SF of balcony with hook for gas, water & electricity for you to enjoy BBQ & fireworks from the comfort of your own home!!! Walking distance to Granville Market, shopping, Kits Beach, etc. A must see – open to offers!!! Sellers have bought – must be sold. Move anytime.

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2 responses to “Spotlight Vancouver West Attached – July 3, 2014

  1. ryan July 4, 2014 at 2:45 pm

    #1 lol. 540k for a tiny 1-bed. have fun carrying that one for awhile

    • MaxPower July 5, 2014 at 11:40 pm

      It’s funny you said that – I was interested enough to want to see more and as soon as I saw the 680 sq 1 bed I was done.Nice how none of that was listed in the description.

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