Pricepoints look good, but depends how big the units are. Could be 500 SF 1 bed and 700 SF 2 beds.

You mean more like 350 sq 1 bed:lawl:FeelsBadMan

i would buy river district even if it's mosquito/spider heaven...sitting on a flood plain is a dealbreaker though...for affordable vancouver proper apts joyce is still a better proposition

For me, in addition to its location on a floodplain and all water runoff coming down the hill from Champlain Heights, it is River Districts isolation that I don't like. Sort of located in the middle of nowhere, and Marine is really the only way in and out.

as someone who lived at joyce for 2 years, joyce isn't a great place to live.
with the expanded bus loop, the area is busy af now. its louder, busier, more drunks and drug addicts screaming at night, and just a terrible area to drive through with the poorly designed intersection at joyce and vanness. its convenient if you want to get the hell out of there with kingsway nearby and the skytrain, but otherwise, there's mostly ghetto restaurants and no decent grocery in walking distance.

i admit i only lived there for a year (5 years ago)...didn't use the skytrain much

i agree immediate food options could be better...for quick bite it's alright for other stuff patterson/metro/kingsway/vic drive are all reasonably close

every other complaint is applicable to almost all skytrain hubs

it's come a long way since the 80s/90s

Anyone in the market right now and seeing prices beginning to recover? Ive noticed many properties are selling closer and closer to assessed values compared to a few months ago.

I don't know what there selling for if they are even selling at all but in the area I've been looking in Cloverdale homes coming onto the market in the last month seem to be priced higher than they were for equivalent homes 3-4 months ago probably closer to there assessed value.

Starting @ 1.06+ Million townhouse at South Surrey....
Why not detached home at Panorama Ridge?

One place i looked at in PoCo languished a while then went into bidding war and sold over asking. Another place languished and then they reposted it and were aggressive with the open houses and it sold within a few days.
I went to see it Saturday and asked my realtor to set up a private showing and by Monday it was gone.

I used to live in one of the newer apartment around metrotown. First few months the strata was pretty easy going but the bylaws got enforce pretty tough. They started issuing fines for people who let their pets piss and poi within the building(lots of security camera was installed) same with smoking. The garbage room they closed it for a few days with notice in English and Chinese stating clearly people been throwing the furniture in the compactor and broke it. After that everything is fine. They also start issuing warnings and tickets for people who park their cars at other people parking spot or at the visitor parking.

Not sure how the strata fees is noe since I left after a year but when I was there a few people I know who lives in the building would turn the air conditioning on 24/7 even if they aren't at home or during winter turn the heat so high they have to wear T-shirt and shorts at home. Their reasoning is that since strata fee include heating and air conditioning cost of they don't waste it they are paying for someone else air conditioning and heat……

Any of y'all ever lived in a 90's building? My realtor is leery to recommend them due to the whole leaky condo thing, but curious if any of those were built right? I do see some nice ones but once I see the age I get apprehensive.

There are some decent ones out there but you need to do ur research and he on strata minutes and what they’ve done. Pretty much find one that’s been rainscreened

i lived in a 90s apt that was rainscreened like 8 years before...no issues

Welp, the subject to sale offer we've had on our place since summer is expiring Monday. Had started upgrading some shit thinking zero chance.

Received a call from my realtor said the other party has an offer but it would require somethings to get done. They needed us to extend the offer two weeks, they wanted possession of our place in November and they wanted 10K back because market has softened further since original offer in the summer and they have to take less for their place, house down the street just sold last week for 50K less then the offer we have.

I explained we've moved on mentally and frankly we were happy to stay here and start renovating. The only way this happens is they pay us every penny we agreed on and we stay here until end of January giving us ample time to either find another place to buy or rent if we choose however if they agree to those things they can have another two weeks. I'm thinking zero chance they accept that, I wouldn't.

This morning I get a text, offers accepted realtors on both sides dropped their commissions to make it happen (No brainier because they get nothing if they don't) just waiting for subject removals on their place. So now as long as the deal doesn't fall apart on their place we have a deal. I'm honestly not sure how I feel about it, I know if it happens were getting a decent number for today but fuck I really was past all the finding a new place bullshit.

good luck

So I'm debating between two condo's - one is a 13 year and the other is 6 years. Location of the 13 year is better, however they are pretty close to each other. Both are extremely well kept but the 6 year has a 600k contingency fund vs. 200k.

I personally like the location/amenities of the 13 year more but obviously it would be harder to sell down the road.

How much did age factor in any of your decisions regarding condo purchases?

I think the best time to own a condo is between 3yrs and 9yrs if your lucky and can time it right. New enough so all the issues are ironed out and you skip town before the warranty expires and any large issues rear their ugly head. Developer is also a big factor and make sure you read all the strata minutes.

Any recommendations for real estate lawyer? Long store short, I sold a presale assignment, have an accepted offer. Offer states that buyer will pay me deposit + lift on closing date, this Friday. Buyer now wants pay when the condo is actually completed. I don’t think they have a case since everything is written in the offer. Thanks

If both units are similar in layout and you'd be equally happy living in both then I'd go with the 6 year old.

- half the age
- 400k higher contingency fund means less money out of your pocket
- still new enough that you shouldn't have any major repair issues if anything comes up
- close enough to 13 year old location that it shouldn't be a big issue

Done deal, subjects removed sold my house. Bitter sweet with all the bullshit of selling it this summer and being there 12 years watching my kid grow up there I'm sort of sad to be leaving but on to the next wherever that happens to be.

Congrats on the sale! Moving on to new and better things!

Congrats!

Congrats, where are you going to move to? I'm wondering with winter fast approaching will interest in buying and people listing up their units drop?

Also anyone with experience putting subject to sale offers? My realtor is advising against it and the properties I'm interested doesn't want to take one