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05-03-2025, 08:17 PM
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#34826 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
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| Quote:
Originally Posted by Harvey Specter  Slightly OT, but I do wonder if, in 5 or even 10 years, these duplexes will hold up as good long term value, especially since most of the ones listed in Vancouver are already well over $1.5m+, or if owners will end up taking losses. | The way I see it is with the Liberal win, we'd continue our trajectory of expenses. The real inflation rate will be crazy and the general idea is that 2M would be the norm for some of Vancouver townhouses/duplexes while SFH would be north of 3M on average. They may come down a bit, I'd say maybe 10-15% correction, but then it's up from there.
Of course it might sound crazy, but I think if you add say $25-30 minimum wage, relaxed lending policies, the figured I mentioned above is not out of touch.
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Nothing for now
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05-04-2025, 12:56 AM
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#34827 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 18,200
Thanked 19,522 Times in 6,628 Posts
Failed 311 Times in 205 Posts
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Honda should start a channel on YT just going around ripping apart new builds in the lower mainland. I’d totally like and subscribe to that!
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05-04-2025, 07:35 AM
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#34828 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 8,948
Thanked 3,601 Times in 1,420 Posts
Failed 164 Times in 85 Posts
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not even as an inspector but just snooping around other peoples property. 10/10 i would subscribe to his patreon
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05-04-2025, 08:07 AM
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#34829 | | Willing to sell body for a few minutes on RS
Join Date: Aug 2002 Location: Vancouver
Posts: 10,542
Thanked 3,654 Times in 1,424 Posts
Failed 142 Times in 70 Posts
| Quote:
Originally Posted by Hondaracer | I also really dislike this style of house - it looks really ugly in my opinion.
Just like this one in my MIL's neighbourhood: 
That concrete wall in the middle actually sticks out farther than the front of the upper storey! And the right side (looking from the front) is completely windowless and featureless.
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Do Not Put Aftershave on Your Balls. -604CEFIRO
Looks like I'm gonna have some hot sex again tonight...OOPS i got the 6 pack. that wont last me the night, I better go back and get the 24 pack! -Turbo E
kinda off topic but obama is a dilf - miss_crayon
Honest to fucking Christ the easiest way to get a married woman in the mood is clean the house and do the laundry.....I've been with the same girl almost 17 years, ask me how I know. - quasi
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05-04-2025, 09:33 AM
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#34830 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jan 2007 Location: GVA
Posts: 931
Thanked 397 Times in 139 Posts
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| Quote:
Originally Posted by Gumby I also really dislike this style of house - it looks really ugly in my opinion.
Just like this one in my MIL's neighbourhood:
That concrete wall in the middle actually sticks out farther than the front of the upper storey! And the right side (looking from the front) is completely windowless and featureless. | I'd be so tempted to perch a gargoyle or a garden gnome on the little bit of concrete that sticks out
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05-04-2025, 09:40 AM
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#34831 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jan 2007 Location: GVA
Posts: 931
Thanked 397 Times in 139 Posts
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Here's an example of AI "staging" that is just... straight up a different room, with different windows/layout. They didn't even bother to label it "AI staged" here... 3813 W 15th Ave   | |
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05-04-2025, 09:59 AM
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#34832 | | HELP ME PLS!!!
Join Date: Apr 2014 Location: Van
Posts: 5,854
Thanked 2,422 Times in 1,307 Posts
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I don't get the triangle roofs, I thought it was more of a duplex thing so they can squeeze a balcony in it.
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05-04-2025, 06:10 PM
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#34834 | | Rs has made me the man i am today!
Join Date: Jan 2005 Location: North Vancouver
Posts: 3,152
Thanked 1,766 Times in 629 Posts
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| Quote:
Originally Posted by carsncars I'd be so tempted to perch a gargoyle or a garden gnome on the little bit of concrete that sticks out | or a giant cross
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05-05-2025, 08:06 AM
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#34835 | | RS has made me the bitter person i am today!
Join Date: May 2005 Location: 604
Posts: 4,537
Thanked 1,770 Times in 559 Posts
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Originally Posted by GS8 | I'm surprised they didn't include the CCTV screens in the kitchen area.
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05-05-2025, 02:04 PM
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#34836 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2010 Location: /
Posts: 5,099
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| Quote:
Originally Posted by Harvey Specter Slightly OT, but I do wonder if, in 5 or even 10 years, these duplexes will hold up as good long term value, especially since most of the ones listed in Vancouver are already well over $1.5m+, or if owners will end up taking losses. | Some are already at a loss if they paid $1.75-2M before taxes and closing costs.
Long term will highly depend on population and supply.
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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05-05-2025, 02:51 PM
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#34837 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jan 2007 Location: GVA
Posts: 931
Thanked 397 Times in 139 Posts
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Well, house is listed... let's see what the market is like
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05-06-2025, 03:54 AM
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#34838 | | RabidMod
Join Date: Aug 2003 Location: Toronto
Posts: 6,797
Thanked 2,026 Times in 746 Posts
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If it isn't great, at least you'll get a good deal on whatever you're buying!
__________________ Geriatric Motoring Club Member #37 Quote:
Originally Posted by EvoFire I need to be reliably within 10-15mins of a baked pork chops rice with lemon tea. | | |
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05-06-2025, 07:06 AM
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#34839 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jan 2007 Location: GVA
Posts: 931
Thanked 397 Times in 139 Posts
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| Quote:
Originally Posted by RabidRat If it isn't great, at least you'll get a good deal on whatever you're buying! | The little pocket of the market we’re looking in is actually pretty competitive right now (basically the lowest non-teardown homes in Kerrisdale/Marpole). But we’ll see, hopefully the inventory in that area picks up a bit.
Quite a lot of inventory on the market but a lot of sellers unwilling to drop prices or very poor condition homes.
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05-07-2025, 01:44 PM
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#34840 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2010 Location: /
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Lowest non-teardown is the hottest in every area haha, gonna be competitive to buy, we're all fighting for the remaining 40-120K SFH or so in metro van.
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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05-07-2025, 02:09 PM
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#34841 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 39,325
Thanked 16,007 Times in 6,520 Posts
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Near the beginning of Covid we looked at this place, has a 2 BR basement suite and a laneway, sold for 1.8 around then and I thought that was crazy
Looks like almost nothing wS done except landscaping since and now for sale at 2.6, crazy https://www.realtor.ca/real-estate/2...reet-vancouver
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Dank memes cant melt steel beams
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05-07-2025, 02:31 PM
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#34842 | | HELP ME PLS!!!
Join Date: Apr 2014 Location: Van
Posts: 5,854
Thanked 2,422 Times in 1,307 Posts
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Not that cheap
Aug 18, 2020
Sale Closed
$2,150,000
Mar 12, 2012
Sale Closed
$1,205,000
Sep 2, 1999
Sale Closed
$272,364
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05-07-2025, 02:31 PM
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#34843 | | HELP ME PLS!!!
Join Date: Apr 2014 Location: Van
Posts: 5,854
Thanked 2,422 Times in 1,307 Posts
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It was a pretty expensive house $1.2 back in 2012
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05-07-2025, 02:35 PM
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#34844 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 39,325
Thanked 16,007 Times in 6,520 Posts
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| Quote:
Originally Posted by JDMDreams Not that cheap
Aug 18, 2020
Sale Closed
$2,150,000
Mar 12, 2012
Sale Closed
$1,205,000
Sep 2, 1999
Sale Closed
$272,364 | Ah was listed at 1.8 then max pretty good to go 300k over back then
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Dank memes cant melt steel beams
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05-07-2025, 02:42 PM
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#34845 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Nov 2006 Location: vancouver
Posts: 3,540
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nvm
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05-07-2025, 02:56 PM
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#34846 | | OMGWTFBBQ is a common word I say everyday
Join Date: Mar 2006 Location: Vancouver
Posts: 5,151
Thanked 3,838 Times in 1,797 Posts
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| Quote:
Originally Posted by Hondaracer Near the beginning of Covid we looked at this place, has a 2 BR basement suite and a laneway, sold for 1.8 around then and I thought that was crazy
Looks like almost nothing wS done except landscaping since and now for sale at 2.6, crazy https://www.realtor.ca/real-estate/2...reet-vancouver | Quote:
Originally Posted by JDMDreams Not that cheap
Aug 18, 2020
Sale Closed
$2,150,000
Mar 12, 2012
Sale Closed
$1,205,000
Sep 2, 1999
Sale Closed
$272,364 | Skewed perceptions based on imperfect memory. $350k is nothing to sneeze at.
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05-07-2025, 03:13 PM
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#34847 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 39,325
Thanked 16,007 Times in 6,520 Posts
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That was also time going into Covid where big overpayments were common
But I still remember distinctly thinking 1.8 seemed high. Albeit I think they figured you generated $5000+ a month in rental income
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Dank memes cant melt steel beams
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05-07-2025, 10:06 PM
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#34848 | | RS has made me the bitter person i am today!
Join Date: May 2005 Location: 604
Posts: 4,537
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| https://www.rew.ca/properties/7423-t...e-vancouver-bc
IMO this is a steal. I'm guessing the realtor is trying to get a bidding war?
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05-07-2025, 10:15 PM
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#34849 | | OMGWTFBBQ is a common word I say everyday
Join Date: Mar 2006 Location: Vancouver
Posts: 5,151
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| Quote:
Originally Posted by bcedhk | 1. Leasehold
2. 46 years old
Champlain Heights was never super expensive in that area. The rest of Killarney and Fraserview soared, but that little enclave of townhouses always stayed cheaper.
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05-07-2025, 10:54 PM
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#34850 | | RS has made me the bitter person i am today!
Join Date: May 2005 Location: 604
Posts: 4,537
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Ah. I’d didint see the leasehold part.
The age of the house is not an issue imo if the structure is sound. The floor plan is much easier to deal with for a remodel
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