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Month: June 2006

by Maggie Chandler Maggie Chandler No Comments

The Character of Kitsilano

Much of the character of Kitsilano is drawn from the historic houses that can be found while walking the tree-lined streets.

As well, the landscaping and gardens of the homes here reveal wonderful examples of West Coast gardening – from Zen to English gardens.

One lovely example of Kitsilano character can be seen on Stephens Street, where many houses have been listed as heritage buildings by the city. Take a walk on Stephens Street, and in particular check out these blocks: 1600, 1800, 1900 with an eye for the heritage character of the houses on these streets. The 2200 block has even more heritage-listed homes, then there are a few more on 2300 and the 2400 blocks. I find these heritage homes offer not only character, but an anchor to the area that keeps it in touch with the past. The heritage designation means that these homes are less likely to be significantly changed without preservation of their original intention.

But heritage does not mean that a building cannot be revitalized, and you can see a great example of this at 2990 West 5th Avenue. An existing house, built in the 1920’s, is listed in the Vancouver Heritage Register, and is also part of a significant streetscape of similar Craftsman or “California” Bungalow style architecture. It has been renovated and remodeled in a method of conservation called “adaptive re-use”. The single-family house was converted into a back-to-back duplex through a 12 foot addition to the back of the house, and two bays extending out on either side. This adaptation respects the historic fabric of the existing building, and retains the character of the area.

by Maggie Chandler Maggie Chandler No Comments

Kits Market Heats Up Compared to a Year Ago

The Market in Kits has Heated Up.


Comparing the sales of Kits houses and condos between last May, 2005 and May of this year reveals a dramatic increase.
Just look at these figures.

Condos:A year ago, you could buy a kits condo for as low as $195,000. Now it’s up to $225,000. The median price in may ’05 was $349,000, while this May it was $444,000.This year, Vue at Kits (2386 Cornwall) has achieved the highest $ per square foot price ever for a Kitsilano condo, at $2.3 Million for 1800 sq. ft.
In general, Kits condo prices have increased 14% over the last year, 60% over last 3 years and 100% over last 5 years.

Houses:
The median price of a Kits house a year ago was $756,000, now its up to $951,000.
This May, 21 house sales were recorded, at prices ranging from $735,000 – $1,818,000. 14 sold over list price, 4 sold full price, only 3 were less than list. Of these, only 12 sold under $1M.
Contrast this with May 2005: 11 sales, with 8 sold under $1Million. 2 sold over list and 3 at full price.

This May saw townhome sales at 35. Of these, 6 were under $500,000, and 32 were under $1Million. Of these, 8 sold over list price, while11 sold at full price.
Contrast this with the statistics for last year, May 2005, with 22 sales. At that time, 10 sold under $500,000, all 22 sold under $1Million; 4 sold over list and 4 sold at list price.

A total of 47 condos sold this May in Kits. The least expensive of these: $225K for a 475 sq ft studio at 1425 Cypress. The most expensive? 2385 Cornwall: $2.3Million for 1790 sq. ft.
Next expensive: 2268 W. Broadway (The Vine, which is under construction) selling 988 sq. ft. for $610,000. 30 of these sales were one bedroom suites. The most expensive was 2175 Salal, where 756 sq. ft. sold for $465,000 (or $615 pr sq ft). Compare this with its selling price in February ’04 of $345,000.
The least expensive 2 bedroom condo was 1990 W. 6th, where 759 sq ft sold for $355,000. This May only 9 sales were under $300,000, while 20 sales were under $400,000 and 5 were over $500,000.

Once again, compare with May ‘05 Kits condo sales when 59 condos sold. The least expensive was 2565 W. Broadway at $171,500. The most expensive was 2263 Redbud, $670,000. Of these, 3 were studios, 32 were one bedrooms, the rest were two bedrooms. The least expensive one bedroom was 2125 W. 2nd at $195,000, and the most expensive was 2288 Marstrand at $366,000. In two bedrooms, the least expensive was $305,000 at 1845 W. 7th.
In May ’05, 28 sales were under $300,000; 50 were under $400,000 and 4 were over $500.000.

I have always known Kitsilano to be one of the most desirable areas of the city, and these stats confirm that many others agree. Ask me about current availability in Kits – I’d be more than happy to help you.

by Maggie Chandler Maggie Chandler No Comments

Kitsilano Living

So many people want to live here, aKitsilano is one of Vancouver’s most sought-after neighbourhoods.

There is good reason for this. Not only is it close to downtown, but the beach is so close. In the early days of Vancouver, this beach was used for outdoor camping, and archival photos show lines of tents along the beach in the summertime.

It’s still an extremely popular beach, and today, along the seawalk/bikepath that goes around Kits Point connecting to False Creek, you can see all the sunscreened people playing at the volleyball nets. On days like today the beach is filled with people enjoying themselves in the sun, or having a picnic at a table in the shade of the trees.

 Living in Kits means access to the beach, by bike or walking. And when summer ends, and the crowds have gone home, the beach is still there waiting for you.
Next time you’re on Broadway and 4th you can see the Greek restaurants and stores in their connection to the early days of Kitsilano, when it was home to Vancouver’s Greek community. Acknowledging that heritage, yesterday was the annual Greek Day, part of Hellenic Culture week.

by Maggie Chandler Maggie Chandler No Comments

Kitsilano Living

As you can see from the stats in my last posting, Kitsilano is one of Vancouver’s most sought-after neighbourhoods. So many people want to live here, and there is good reason for this. Not only is it close to downtown, but the beach is so close. In the early days of Vancouver, this beach was used for outdoor camping, and archival photos show lines of tents along the beach in the summertime. It’s still an extremely popular beach, and today, along the seawalk/bikepath that goes around Kits Point connecting to False Creek, you can see all the sunscreened people playing at the volleyball nets. On days like today the beach is filled with people enjoying themselves in the sun, or having a picnic at a table in the shade of the trees. Living in Kits means access to the beach, by bike or walking. And when summer ends, and the crowds have gone home, the beach is still there waiting for you.
Next time you’re on Broadway and 4th you can see the Greek restaurants and stores in their connection to the early days of Kitsilano, when it was home to Vancouver’s Greek community. Acknowledging that heritage, yesterday was the annual Greek Day, part of Hellenic Culture week.

by Maggie Chandler Maggie Chandler No Comments

Compared with Last May: Kits Market Has Heated Up

The Market in Kits has Heated Up.
Comparing the sales of Kits houses and condos between last May, 2005 and May of this year reveals a dramatic increase.
Just look at these figures.

Condos:A year ago, you could buy a kits condo for as low as $195,000. Now it’s up to $225,000. The median price in may ’05 was $349,000, while this May it was $444,000.This year, Vue at Kits (2386 Cornwall) has achieved the highest $ per square foot price ever for a Kitsilano condo, at $2.3 Million for 1800 sq. ft.
In general, Kits condo prices have increased 14% over the last year, 60% over last 3 years and 100% over last 5 years.

Houses:
The median price of a Kits house a year ago was $756,000, now its up to $951,000.
This May, 21 house sales were recorded, at prices ranging from $735,000 – $1,818,000. 14 sold over list price, 4 sold full price, only 3 were less than list. Of these, only 12 sold under $1M.
Contrast this with May 2005: 11 sales, with 8 sold under $1Million. 2 sold over list and 3 at full price.

This May saw townhome sales at 35. Of these, 6 were under $500,000, and 32 were under $1Million. Of these, 8 sold over list price, while11 sold at full price.
Contrast this with the statistics for last year, May 2005, with 22 sales. At that time, 10 sold under $500,000, all 22 sold under $1Million; 4 sold over list and 4 sold at list price.

A total of 47 condos sold this May in Kits. The least expensive of these: $225K for a 475 sq ft studio at 1425 Cypress. The most expensive? 2385 Cornwall: $2.3Million for 1790 sq. ft.
Next expensive: 2268 W. Broadway (The Vine, which is under construction) selling 988 sq. ft. for $610,000. 30 of these sales were one bedroom suites. The most expensive was 2175 Salal, where 756 sq. ft. sold for $465,000 (or $615 pr sq ft). Compare this with its selling price in February ’04 of $345,000.
The least expensive 2 bedroom condo was 1990 W. 6th, where 759 sq ft sold for $355,000. This May only 9 sales were under $300,000, while 20 sales were under $400,000 and 5 were over $500,000.

Once again, compare with May ‘05 Kits condo sales when 59 condos sold. The least expensive was 2565 W. Broadway at $171,500. The most expensive was 2263 Redbud, $670,000. Of these, 3 were studios, 32 were one bedrooms, the rest were two bedrooms. The least expensive one bedroom was 2125 W. 2nd at $195,000, and the most expensive was 2288 Marstrand at $366,000. In two bedrooms, the least expensive was $305,000 at 1845 W. 7th.
In May ’05, 28 sales were under $300,000; 50 were under $400,000 and 4 were over $500.000.

I have always known Kitsilano to be one of the most desirable areas of the city, and these stats confirm that many others agree. Ask me about current availability in Kits – I’d be more than happy to help you.

by Maggie Chandler Maggie Chandler No Comments

Everything I Love About Kits

In this blog I’ll be sharing with you all the reasons why Kitsilano is one of Vancouver’s most sought-after neighbourhoods.

The nearness to the beach is big on this list, but also the vital community, the character houses, and the treed streets. New developments reflect the desire of so many Vancouverites to live in Kits, and these are (by and large) clearly integrated within the existing look and feel of the community.

 Older historic homes have been kept in beautiful condition, many of the apartments built in the mid-sixties have been converted to strata suites, and year-round the residential streets are alive with the varied activity of singles, couples, and families – on foot, on bikes, with or without dogs. Kitsilano’s proximity to downtown is definitely a plus. 

This popular Vancouver webcam shows Kits Point to the upper right, joined to downtown Vancouver by the historic Burrard Bridge. (Thanks KatKam!) 

by Maggie Chandler Maggie Chandler No Comments

The Character of Kitsilano

Much of the character of Kitsilano is drawn from the historic houses that can be found while walking the tree-lined streets. As well, the landscaping and gardens of the homes here reveal wonderful examples of West Coast gardening – from Zen to English gardens.

One lovely example of Kitsilano character can be seen on Stephens Street, where many houses have been listed as heritage buildings by the city. Take a walk on Stephens Street, and in particular check out these blocks: 1600, 1800, 1900 with an eye for the heritage character of the houses on these streets. The 2200 block has even more heritage-listed homes, then there are a few more on 2300 and the 2400 blocks.

I find these heritage homes offer not only character, but an anchor to the area that keeps it in touch with the past. The heritage designation means that these homes are less likely to be significantly changed without preservation of their original intention.

But heritage does not mean that a building cannot be revitalized, and you can see a great example of this at 2990 West 5th Avenue. An existing house, built in the 1920’s, is listed in the Vancouver Heritage Register, and is also part of a significant streetscape of similar Craftsman or “California” Bungalow style architecture. It has been renovated and remodeled in a method of conservation called “adaptive re-use”.

 The single-family house was converted into a back-to-back duplex through a 12 foot addition to the back of the house, and two bays extending out on either side. This adaptation respects the historic fabric of the existing building, and retains the character of the area.

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