Vancouver's Real Estate Market

[PeanutButter]

Ok, I thought I was going crazy. $27M and not having adequate parking seems stupid to me.

[Badhobz]

Originally Posted by PeanutButter

Do you guys think it would be hard to turn around in this driveway?

https://www.redfin.ca/bc/vancouver/6...home/156115437

I'm just imaging paying $27M for a house and I can't easily turn my car around.

Hey you nut bag why you looking at 27M houses ? You got some extra cash floating around after you TKO’d that 16 year old girl ?

[Gumby]

Originally Posted by PeanutButter

Do you guys think it would be hard to turn around in this driveway?

https://www.redfin.ca/bc/vancouver/6...home/156115437

I'm just imaging paying $27M for a house and I can't easily turn my car around.

So this property is 6330 Macdonald St, which is a 66x326 lot (double the width and depth of a standard 33x122 lot in Vancouver).

The property next to it is 6288, which is a 132x330 lot (4 times the width)!!!

Wonder what the house looks like inside...

[JDMDreams]

These are half the price



https://www.realtor.ca/real-estate/2...road-vancouver

I like this one, and I feel like Tony Montana



https://www.realtor.ca/real-estate/2...west-vancouver

What I expect for $20m plus



https://www.realtor.ca/real-estate/2...rive-vancouver



https://www.realtor.ca/real-estate/2...enue-vancouver

[Hondaracer]

So many of these high end homes you can tell either “new money” built them, or just a cheap/tasteless builder guided someone on the build.

I’ve gotta think the ultra high end, desirable homes never even make it to market because I’ve been in homes that are around 15-20 that are Wayyyyyy nicer than most of these at
The same price point.

[E-40six]

Originally Posted by JDMDreams

These are half the price




https://www.realtor.ca/real-estate/2...enue-vancouver

My dad and I worked on this house back in the mid 90's when it was being built and then again some reno work a few years back.

crazy to see it listed for close to 30 million now

[donk.]

Originally Posted by E-40six

My dad and I worked on this house back in the mid 90's when it was being built and then again some reno work a few years back.

crazy to see it listed for close to 30 million now

If you had to guess, what was its value in 90s?

[E-40six]

Originally Posted by donk.

If you had to guess, what was its value in 90s?

I'm gonna guess somewhere in the ~4-5 million range?
i'll ask the GC when i see him next, he probably won't remember as well as his dad was the builder and he was assisting during that time

[PeanutButter]

Originally Posted by donk.

If you had to guess, what was its value in 90s?

According to price history...

SOLD - Feb 8, 1995 - $2.575M
SOLD - July 31, 2007 - $10.5M

If you go to REW Insights and sign up for a free account, you can get price history for properties in the GVR.

[PeanutButter]

Originally Posted by Badhobz

Hey you nut bag why you looking at 27M houses ? You got some extra cash floating around after you TKO’d that 16 year old girl ?

My toxic trait is to look at real estate that I can't afford and then talk shit about the design choices they made.

That driveway really had me perplexed though. The driveway has to be bigger than it looks, but there's a picture with two cars in it. so It looks pretty narrow.

[supafamous]

Originally Posted by PeanutButter

My toxic trait is to look at real estate that I can't afford and then talk shit about the design choices they made.

That driveway really had me perplexed though. The driveway has to be bigger than it looks, but there's a picture with two cars in it. so It looks pretty narrow.

From the garage door to the edge of the lot is probably 30-34' as it's a 66' wide lot and you have to leave about 1m-ish on each side minimum (but it looks like more on the near side). Garage depth is probably 22-24' so...

66' minus 8-10' for side yards minus 22-24' for garage = 30-36' left over. Not terrible for turning around a car but definitely not very good.

[Hondaracer]

There so much little detail work that goes into true craftsmanship that’s never seen with so many of these homes.

You see all the comments when homes like these pop up on instagram saying shit like “I wouldn’t even pay 2 for this!!!”

Yea, like the finishing inside the home you’re talking about took 4 times as long as building a complete “normal” house. Man power is $$$ a house that takes a couple years to build is likely in the 3-5 million dollar range in labour alone

[Badhobz]

lawl 11 mill

Annual Property Taxes
$82,735.90

lawl

plz let Chinese student/home maker be on the ownership title

[Badhobz]

[quote=JDMDreams;9139020]


https://www.realtor.ca/real-estate/2...enue-vancouver

[Hondaracer]

Senior home maker claiming every discount possible getting OAS and CPP

Not like I could ever afford it but I don’t find that area of south Granville area/marpole that great compared to say, Dunbar or endowment lands/west side

You’re closer to Richmond but that’s really the only upside, like I say this being too poor for either but I personally may find North Burnaby more attractive than Marpole/south Granville/southlands. Beautiful neighborhoods but are they worth like 10-20 times more than other places in better locations? I dunno

Suprisingly quite run down lanes and somewhat unkempt boulevards etc. in those areas which you would expect better

[EvoFire]

Originally Posted by Hondaracer

Senior home maker claiming every discount possible getting OAS and CPP

Not like I could ever afford it but I don’t find that area of south Granville area/marpole that great compared to say, Dunbar or endowment lands/west side

You’re closer to Richmond but that’s really the only upside, like I say this being too poor for either but I personally may find North Burnaby more attractive than Marpole/south Granville/southlands. Beautiful neighborhoods but are they worth like 10-20 times more than other places in better locations? I dunno

Suprisingly quite run down lanes and somewhat unkempt boulevards etc. in those areas which you would expect better

I second that actually. A lot of the west side isn't that great with roads that heave 3 ft up and down where I would high center on my M3, back lanes that are not paved, no street lights, NIMBYism everywhere.

[PeanutButter]

Anyone know how much it costs to replace windows?
For let's say a Vancouver special. Just a rough ball park? Is $40k pretty reasonable to budget for that or would you need more or less?

[CRS]

Originally Posted by PeanutButter

Anyone know how much it costs to replace windows?
For let's say a Vancouver special. Just a rough ball park? Is $40k pretty reasonable to budget for that or would you need more or less?

I got quotes in that ballpark +/- 10k.

Got quotes from Lifelong and Centra.

*edit: Centra was 32k whereas Life Long was 43k

[lowside67]

Originally Posted by PeanutButter

Anyone know how much it costs to replace windows?
For let's say a Vancouver special. Just a rough ball park? Is $40k pretty reasonable to budget for that or would you need more or less?

I'd go so far as to say it would be almost impossible to spend that, even on the most expensive triple glazed windows with wood frames for a typical 2000-2500sf Vancouver special.

Our 2100sf two story house was about $7,500 a few years ago for vinyl windows.

-Mark

[westopher]

Subjects are removed on our new place, we accepted offer on our place yesterday with subjects to be hopefully removed next week.
Not gonna lie, I have a newfound appreciation for what realtors do, at least the good ones. Ours is going to make a great payday, however, the work put in and the professionalism combined with a no pressure approach was really a good experience for us.
Can not fucking wait to be on our new rooftop patio with mountain views, but going to miss this little place we are leaving. 8 years here and besides being too small for us now, there's no other negatives to the place.
Only moving 2 blocks so I'm excited that our daily routine doesn't need to change.
Over here on the shore, the market is still moving. We listed 6 days ago and had one offer that was a good one, and we would have had another tonight I'd bet if we didn't take it. It's a decent time to be moving in the same area. It's not an all out fight, but you know if your place is good it's going to have interest. A few people asked on our subject removal date on our new place if the sale had completed, so there was interest there as well

[radeonboy]

Originally Posted by westopher

Subjects are removed on our new place, we accepted offer on our place yesterday with subjects to be hopefully removed next week.
Not gonna lie, I have a newfound appreciation for what realtors do, at least the good ones. Ours is going to make a great payday, however, the work put in and the professionalism combined with a no pressure approach was really a good experience for us.
Can not fucking wait to be on our new rooftop patio with mountain views, but going to miss this little place we are leaving. 8 years here and besides being too small for us now, there's no other negatives to the place.
Only moving 2 blocks so I'm excited that our daily routine doesn't need to change.
Over here on the shore, the market is still moving. We listed 6 days ago and had one offer that was a good one, and we would have had another tonight I'd bet if we didn't take it. It's a decent time to be moving in the same area. It's not an all out fight, but you know if your place is good it's going to have interest. A few people asked on our subject removal date on our new place if the sale had completed, so there was interest there as well

Congrats! When do you move in to your new place?

Having a professional realtor who puts your interest first makes the process a lot less stressful. It seems so obvious, but I've become somewhat jaded from the many low-effort relators I encountered over the last few years.

[68style]

Yah you haven't lived until you show up at an open house in Richmond when it's hey-days and find a fat asian dude sitting in sweatpants and a stained t-shirt at the counter next to a stack of flyers playing with his phone.

Like, less than zero effort, just paid some family member or other stiff to kind of act as a deterrant for something getting broken or stolen.

[EvoFire]

Originally Posted by westopher

Subjects are removed on our new place, we accepted offer on our place yesterday with subjects to be hopefully removed next week.
Not gonna lie, I have a newfound appreciation for what realtors do, at least the good ones. Ours is going to make a great payday, however, the work put in and the professionalism combined with a no pressure approach was really a good experience for us.
Can not fucking wait to be on our new rooftop patio with mountain views, but going to miss this little place we are leaving. 8 years here and besides being too small for us now, there's no other negatives to the place.
Only moving 2 blocks so I'm excited that our daily routine doesn't need to change.
Over here on the shore, the market is still moving. We listed 6 days ago and had one offer that was a good one, and we would have had another tonight I'd bet if we didn't take it. It's a decent time to be moving in the same area. It's not an all out fight, but you know if your place is good it's going to have interest. A few people asked on our subject removal date on our new place if the sale had completed, so there was interest there as well

Is there any work that needs to be done at the new place?

[68style]

^ You trying to mobilize the RS renovation crew again??

[supafamous]

Originally Posted by radeonboy

Having a professional realtor who puts your interest first makes the process a lot less stressful. It seems so obvious, but I've become somewhat jaded from the many low-effort relators I encountered over the last few years.

The diff between a good realtor, broker/advisor, and lawyer and the bad ones in the whole process makes such a huge diff. I watched my BIL miss out on house after house b/c their realtor just wasn't aggressive or aware enough nor did they give the advice my BIL needed to get a house and the house hunt turned into a 2 year journey that cost them several hundred thousand (in increase house price). Same with his shitty mortgage advisor (my BIL is also to blame though for not understanding his situation better though).