Blog › June 2018

New Listing 115 Mountain Drive, Lions Bay, BC


R2284804 - 115 Mountain Drive, Lions Bay, BC, CANADAView my new listing for sale at 115 Mountain Drive, Lions Bay and currently listed at $1,498,000.

Large lot with ocean views walking distance to a highly rated elementary school. Enjoy SW ocean/island views from this contemporary style home in a private quiet setting nestled within trees and gorgeous greenery. Needs to be completely RENOVATED or build new in Lions Bay. This home boasts 4 bedrooms, 3 bathrooms, a large family room, recreation room, very private office, large storage room, laundry room, and two brick wood burning fireplaces; perfect for the growing family. The built-in 2 car garage is just paved FLAT parking for 4 more vehicles. Enjoy the quite serenity of Lions Bay in your dream home! Great opportunity Ideal for developer, owner-builder and/or renovator.

New Listing 2149 W 35th Avenue, Vancouver, BC


R2283453 - 2149 W 35th Avenue, Vancouver, BC, CANADAView my new listing for sale at 2149 W 35th Avenue, Vancouver and currently listed at $4,188,000.

RARE Kerrisdale View Property! Sweeping North VIEWS of the mountains & city! Tranquil Park Views to the east! Nestled in the heart of prestigious Kerrisdale, one of a handful of homes next to Ravine Park! Imagine, your mini Stanley Park next door! Located on a large 66x130 foot lot, this circa 1920's home features yester-year's charm, with today's modern comforts. Featuring recent renovations w/ gorgeous bathrooms, dressed in travertine & marble. Chef's kitchen w/ gas range, 2 wall ovens, & quartz counters. Space for the family with a total of 5 bedrooms, 3.5 bathrooms, on 3 levels, w/ a 1-bedroom in-law suite. Live, hold, or build your dream home. Steps to Kerrisdale Village! Laneway and infill may be possible with City approval. OPEN House Sat Jun 30th 2:30-4pm.

Purchasing Real Estate Outside of BC


The Vancouver real estate market has seen major growth over the past years, and we’re now seeing many people moving elsewhere so they can take advantage of the growth in their homes.

People are either downsizing from a house to a condominium or moving to a new region so that they can cash out of the current market to help set themselves up for retirement.

For example, if you purchased a home in Vancouver in the 1980’s for $200,000 and it’s now worth $2 Million, you could purchase a home in a new community for $1 Million and have another $1 Million leftover to live off of and retire on.

As people are moving to smaller communities, we’re seeing the price in those communities increase as well. At RE/MAX, we have a great referral system and we can help find you a great agent that specializes in your area. They’ll guide you through the purchasing process to ensure you find something that’s structurally sound, keeping your money safe.

Watch my video below to learn more, and be sure to contact me if you’re considering making a move like this.

 



New Listing 206 - 1445 Marpole Avenue, Vancouver, BC


R2282720 - 206 - 1445 Marpole Avenue, Vancouver, BC, CANADAView my new listing for sale at 206 - 1445 Marpole Avenue, Vancouver and currently listed at $499,000.

1 bedroom in Hycroft Towers. Bright & spacious feel with an open concept floor plan, hardwood floors and large living/dining spaces. North facing, a blank canvass, this SOUGHT AFTER suite awaits your design ideas! Bordering Shaughnessy, Hycroft Towers is located close to boutique shops & cafes right at your doorstep. A short taxi, bus, or bike ride to downtown, easy access to YVR, & direct transit to UBC. Roof top deck is a lovely place to enjoy the ocean views out to English Bay, the North Shore mountains and Downtown city lights. Concrete construction, live-in caretaker. 1 cat ok but sorry no dogs allowed. No rentals and no smoking.

Vancouver Real Estate Statistics May 2018


Each month Jamie creates a video explaining what is happening in the Vancouver Real Estate Market. This month Jamie walks us through the Downtown, Vancouver Westside, Eastside, Ladner Areas and more.


What You Need to Know About the Vancouver Real Estate Market

Vancouver Downtown

VANCOUVER DOWNTOWN ATTACHED: Sellers Market at 28% Sales Ratio average (2.8 in 10 homes selling rate)

  • homes are selling on average 3% above list price
  • Most Active Price Band** $500,000 to $600,000 with average >100% Sales Ratio (Sellers market)
  • Buyers Best Bet** homes between $3.5 m il to $4 m il, Coal Harbour and 2 bedroom properties
  • Sellers Best Bet** Selling homes in Yaletown and up to 1 bedroom properties

**With minimum inventory of 10 in most instances

Vancouver Westside

VANCOUVER WESTSIDE DETACHED: Buyers Market at 11% Sales Ratio average (1.1 in 10 homes selling rate)

  • homes are selling on average 6% below list price
  • Most Active Price Band** $1.5 m il to $1.75 m il with average 67% Sales Ratio (Sellers market)
  • Buyers Best Bet** homes between $4.5 m il to $5 m il, Kerrisdale, South Granville, Southlands and up to 2 bedroom properties
  • Sellers Best Bet** Selling homes in Kitsilano and 3 to 4 bedroom properties

**With minimum inventory of 10 in most instances

VANCOUVER WESTSIDE ATTACHED: Sellers Market at 32% Sales Ratio average (3.2 in 10 homes selling rate)

  • homes are selling on average 1% above list price
  • Most Active Price Band** $500,000 to $600,000 with average 100% Sales Ratio (Sellers market)
  • Buyers Best Bet** homes between $1.75 m il to $2 m il, Point Grey, Quilchena, SW M arine and minimum 4 bedroom properties
  • Sellers Best Bet** Selling homes in Kitsilano and up to 1 bedroom properties

**With minimum inventory of 10 in most instances

Vancouver Eastside

VANCOUVER EASTSIDE DETACHED: Balanced Market at 18% Sales Ratio average (1.8 in 10 homes selling rate)

  • homes are selling on average 2% below list price
  • Most Active Price Band** $1 m il to $1.25 m il with average 59% Sales Ratio (Sellers market)
  • Buyers Best Bet** homes between $3 m il to $3.5 m il, Collingwood and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Mount Pleasant and 3 to 4 bedroom properties

**With minimum inventory of 10 in most instances

VANCOUVER EASTSIDE ATTACHED: Sellers Market at 51% Sales Ratio average (5.1 in 10 homes selling rate)

  • homes are selling on average 100% of list price
  • Most Active Price Band** $700,000 to $800,000 with average 77% Sales Ratio (Sellers market)
  • Buyers Best Bet** homes between $1 m il to $1.25 m il, M ain and 3 bedroom properties
  • Sellers Best Bet** Selling homes in Killarney and up to 1 bedroom properties

**With minimum inventory of 10 in most instances

Richmond

RICHMOND DETACHED: Buyers Market at 11% Sales Ratio average (1.1 in 10 homes selling rate)

  • homes are selling on average 6% below list price
  • Most Active Price Band** $1 m il to $1.25 m il with average 62% Sales Ratio (Sellers market)
  • Buyers Best Bet** homes between $2.75 m il to $3 m il and $3.5 m il to $5 m il, W oodwards and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Quilchena, West Cambie, Westwind and 3 to 4 bedroom properties

**With minimum inventory of 10 in most instances

RICHMOND ATTACHED: Sellers Market at 34% Sales Ratio average (3.4 in 10 homes selling rate)

  • homes are selling on average 2% below list price
  • Most Active Price Band** $300,000 to $400,000 with average >100% Sales Ratio (Sellers market)
  • Buyers Best Bet** homes between $1.25 m il to $1.5 m il, Bridgeport, Broadmoor, Granville, Quilchena and Steveston North
  • Sellers Best Bet** Selling homes in Riverdale and up to 1 bedroom properties

Ladner

LADNER DETACHED: Balanced Market at 20% Sales Ratio average (2 in 10 homes selling rate)

  • homes are selling on average 1% above list price
  • Most Active Price Band** $900,000 to $1 m il with average 33% Sales Ratio (Sellers market)
  • Buyers Best Bet** homes between $1.25 m il to $1.5 m il, Holly and 3 to 4 bedroom properties
  • Sellers Best Bet** Selling homes in Neilsen Grove and 5 to 6 bedroom properties

**With minimum inventory of 10 in most instances.

LADNER ATTACHED: Sellers Market at 44% Sales Ratio average (4.4 in 10 homes selling rate)

  • homes are selling on average 2% below list price
  • Most Active Price Band** Insufficient data but with 4 sales $500,000 to $600,000
  • Buyers Best Bet** homes in Hawthorne and 3 bedroom properties
  • Sellers Best Bet** Selling homes in Delta Manor, Neilsen Grove and 2 bedroom properties

**With minimum inventory of 10 in most instances



New Listing 4109 Vine Street, Vancouver, BC


R2278625 - 4109 Vine Street, Vancouver, BC, CANADAView my new listing for sale at 4109 Vine Street, Vancouver and currently listed at $1,880,000.

Gorgeous 3 bedroom, 3.5 bathroom Arbutus Village townhome. Complete 400K renovation & restoration took this amazing townhome to the next level. Tastefully designed GOURMET, Chef's Kitchen with high end appliances. Modern spa like resort-style washrooms offer a luxurious feel. Large & open flowing floorplan leads you from the kitchen to the living room - complete with a cozy and gorgeous fireplace. Living room opens to your own private deck with an outdoor fireplace! Upstairs include 2 generous sized bedrooms with a lovely master ensuite. Large, high-ceiling basement offers a 3rd bedroom with another exceptional living space. East-West exposure with lovely green west-facing outlook & 2 large patios. TONS OF STORAGE & media room. OPEN House Sat Jul 14th 2:30-4pm. OPEN Sun Jul 15th 12-1:30pm.

New Listing 2507 - 4900 Lennox Lane, Burnaby, BC


R2278140 - 2507 - 4900 Lennox Lane, Burnaby, BC, CANADAView my new listing for sale SOLD at 2507 - 4900 Lennox Lane, Burnaby and currently listed at $598,000.SOLD

Brand New Never Lived in! Welcome to The Park Metrotown! An urban oasis in the heart of Burnaby - one bedroom apartment. Contemporary design with high end finishing: Italian-style kitchen feature Bertazzoni appliances, European style cabinetry, quartz counter tops, wood accents and wide plank flooring. Functional floor plan and a huge balcony with a gorgeous view. Main floor fitness centre includes a gym, sauna and European-inspired hydrotherapy baths. The unique rooftop patio amenities include a indoor juice bar and a year around yoga or meditation space. Walking distance to Bonsor Park Community Centre, Metrotown Mall, Bus station, skytrain station all services. Rentals & Pets welcome!