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Month: September 2014

by Maggie Chandler Maggie Chandler No Comments

Price Slashed $50,000 on 2803-1189 Howe Street, Downtown Vancouver

V684246_601_22Price Slashed $50,000 on 2803-1189 Howe Street, Downtown Vancouver.

Now $599,900 for this 3 bedroom, 2 bathroom,  s.e. corner condo at Genesis, which features 24 hour concierge, indoor pool, jacuzzi, gym, meeting room, movie room, guest suite  and large outdoor patio

Immediate possession is possible. The condo would rent for $2800 pr month.

Features hardwood floors and stainless steel appliances with large windows and an enclosed solarium.

Call for a showing  and seize the deal! Read more

by Maggie Chandler Maggie Chandler No Comments

Which is Vancouver’s Most Affordable Neighbourhood?

7651615-question-markWhich is Vancouver’s Most Affordable Neighbourhood?

Vancouver West Side Median Sales Price Graph for Resale Condos

Here’s the median price graph  for Downtown, Fairview, False Creek and Kitsilano over the last year.

Here’s the graph for West End,  Coal Harbour, Yaletown and Marpole.

The graph for UBC, Point Grey, Dunbar and Kerrisdale.

Benchmark price for Vancouver West $495,000 vs $318,000 for East Van. Least expensive is Maple Ridge at $162,000 Read more

by Maggie Chandler Maggie Chandler No Comments

Why Vancouver’s West End Condo Buyers Should Grab this Deal at 501-1406 Harwood

V1080618_G01_94Why Vancouver’s West End Condo Buyers Should Grab this Deal at 501-1406 Harwood Street. This amazing condo was recently listed  and the price has now been slashed $50,000. Now $649,000. Ask my what just sold in the building and why #501 is a super deal!!

Julia Court is a six storey architecturally award-winning concrete building steps to Beach Avenue, transportation, recreation, shopping and Stanley Park. High walkability. The building is in excellent condition.

This n.e. corner 2 bedroom is a spacious 1175sf and boasts water and city views and two sundecks totaling an amazing 455sf . Bring your decorating ideas and make this your home! A perfect fixer-upper. Read more

by Maggie Chandler Maggie Chandler No Comments

Should I Buy an East Vancouver Townhome Instead of a House?

imagesCABLVQXNShould I Buy an East Vancouver Townhome Instead of a House? Due to the influx of Vancouver west side homebuyers moving East because of the Mainland Chinese pushing up the West Side prices, East Vancouver houses median sales price is now $954,000(up 3.4% over the last year) compared to $654,000 for townhomes, which increased 23% over the last year and $354,000 for condos which have increased 10% over the last year. View the graph,

Is It a Buyers or Sellers Market for East Vancouver Real Estate?

The sales to active ratio for East Vancouver houses is 31%, for townhomes its 25% and condos 22%. In effect 31% of houses listed are selling,

If you view the sales graph over the last three years you’ll see that there are still more buyers for East Vancouver homes than any other type of real estate. However, as the price of houses becomes more expensive , buyers will opt for a townhome or even a condo, due to the affordability factor – if they really want to stay in this Vancouver municipality rather than move to the suburbs. Read more

by Maggie Chandler Maggie Chandler No Comments

What Percentage of Vancouver West Side Properties Sell?

What Percentage of Vancouver West Side Properties Sell? Sales to active ratio rose to 20% , up from 17% a year ago, indicating that only 20% of listings are selling, so it remains critical that sellers are realistic when pricing their property.

Median days on the market is currently 32, down 8% from a year ago.

V1037339_G01_94When will Vancouver West Side house prices stop rising? Good question! When China’s economy levels and the number of wealthy citizens stops growing? I don’t know the answer! What do you think?  Prices grew 8.4% over the last year.

Vancouver west side real estate sales over the last year were up 9.8% from a year ago and listings dropped 6%.

What’s the Best Selling Price Range for Vancouver West Real Estate YTD?

For Vancouver houses it’s over $3M (329 sales for the year)

For townhomes it’s the $700,000-$800,000 and $900,000 to $1M price range.

Best selling price range for Vancouver condos is $400,000 to $500,000. There have been 27 sales this year over $3M processed on MLS. Read more

by Maggie Chandler Maggie Chandler No Comments

Greater Vancouver Real Estate Sales in August Decline 9.5% from July

casa miaGreater Vancouver Real Estate Sales in August Decline 9.5% from July but remained above the 10-year average for August by 4.3% and has been the highest recorded for August for the last three years. View the sales graph

Are Property Listings Declining Too?

New listings were 20% lower than July and 8.4% below he 10-year average for the month. Total proerties listed for sale on the MLS were 5.4% lower than July and 7.9% lower than a year ago. Read more

by Maggie Chandler Maggie Chandler No Comments

Vancouver West End Condo Buyers Take Advantage of this Price Reduction!

V1079338_H01_94Check out this n.e. corner two bedroom with parquet floors in Emerald West which boasts an Romanesque indoor pool, jacuzzi, gym and visitor parking.

Spacious corner condo with floor to ceiling windows. Live in or bring your decorating ideas!

Was $690,000 and just slashed to $649,000 and priced to sell!

Call for a private viewing! Or drop by my Open House Saturday, Sept 6th from 1.30-2.30pm Read more

by Maggie Chandler Maggie Chandler No Comments

What Will Vancouver Look Like in 2025?

13517115-past-and-future-two-way-street-signKerry Gold recently wrote a superb article in the Vancouver Magazine last month about our City’s redevelopment, that is being permitted, as City Hall rezones so many neighbourhoods, against the wishes of many residents. Not only are more hirises popping up everywhere, the size of houses have greatly increased.

Over the last two generations the size of Kitsilano single family homes are up 57%, in Point Grey 65%, in Shaughnessy 70%, in Kerrisdale 85% and in South Granville 94%. But unlike the old days when families were large, most of these monster houses are being lived in by no more than three people. It’s all about the money!! Tear down the old and build a bigger new home and increase your profit. Read more

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