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I have sold a property at 101 1640 11TH AVE W in Vancouver.
Central Fairview location in a rock solid building. This beautifully renovated, ground level unit has it all - 805 sqft, 1 bedroom + den/2nd bedroom (no window), North facing, sunken living room, gas fireplace and large private patio. The kitchen has been totally remodelled, featuring gorgeous stone backsplash and marble countertops. The huge master bdrm has a generous walk-thru closet into the updated bath and Euro washer/dryer combo. A perfect place to call home, in the heart of the city. See Realtor's website for virtual tour.
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I have sold a property at 202 2828 MAIN ST in Vancouver.
Amazing opportunity to live in this sprawling 1 bedroom and giant flex space with insuite storage and laundry, walk through master bedroom closet and cheater ensuite bathroom. DOMAIN is centrally located along one of Vancouver's hippest streets with coffee shops, restaurants, antique stores and entertainment right outside. Inside the unit the modern and sustainable cork floors are complimented by over height ceilings, floor to ceiling cabinets and a stainless steel appliance package. Get inspired by this high quality Holborn built condo with the remaining warranty.
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I have listed a new property at 1162 BEECHWOOD CRES in North Vancouver.
Welcome to this family home situated in one of the best locations in North Van; the beautiful Norgate Community. Sitting on a flat 65 x 100 CORNER lot, this 1300 sq ft single level home, with 200 sq ft garage, has a lovely outlook to the greenbelt of the Spirit Trail. Inside enjoy 3 bedrooms, a spacious open kitchen with stainless steel appliances and both a family and living room. Walk out to your private, fully fenced backyard with stunning North Shore mountain views. Situated a short walk to the local school, transit, shopping, great parks, daycares, trails and bike paths. OPEN: Tues. Mar. 21 10am -12pm Sat/Sun March 25/26, 2:00-3:30pm
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I have listed a new property at 311 2020 8TH AVE W in Vancouver.
Here is your chance to live in Kits! This comfortable, 1 bedroom unit features gas fireplaces, in-suite storage, and south facing covered patio, engineered flooring, SS appliances, walk in closet, in-suite laundry, and full bathroom renovation. AND it is situated in a friendly, well maintained building. The walk score is an amazing 98, so most days you will be able to leave your car in the parking spot that comes with the unit. Have a pet? Not a problem; building is pet friendly! Rentals are allowed with restrictions. Visit open house Thursday 5:30-6:30, Saturday and Sunday 2-4pm.
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I have listed a new property at 101 1640 11TH AVE W in Vancouver.
Central Fairview location in a rock solid building. This beautifully renovated, ground level unit has it all - 805 sqft, 1 bedroom + den/2nd bedroom (no window), North facing, sunken living room, gas fireplace and large private patio. The kitchen has been totally remodelled, featuring gorgeous stone backsplash and marble countertops. The huge master bdrm has a generous walk-thru closet into the updated bath and Euro washer/dryer combo. A perfect place to call home, in the heart of the city. OPEN: Sat/Sun Mar 18/19 from 2:00pm-3:00pm
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I have sold a property at 40 1240 FALCON DR in Coquitlam.
WOW! END UNIT WITH OPEN YARD & CONCRETE W/ NEW WOODEN DECK UNOBSTRUCTED BY ANY OTHER BUILDINGS JUST WARMED BY THE SUN & PRIVACY FROM TREES & MOUNTAIN VIEWS! Don't Let the Age Fool You! This unit has been completely updated with Quartz Kitchen Counters, New Fridge, Microwave & Dishwasher in past 2-3 years. 2 year old HW Tank, New Laminate Floors, New Baseboard Heaters & Thermostats, New Lighting Throughout; Even the Fireplace Insert & Surround Were Replaced 3 years ago! Roof was Replaced in 2010, Exterior Painted in 2016 & Glass Slider is Paid for to be done 2017! Work out from home - Universal Gym in Utility Room is Negotiable! RARE OPPORTUNITY FOR AN AFFORDABLE TOWNHOME IN COQUITLAM THAT'S MOMENTS FROM SHOPPING & MOVE IN READY!
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I have listed a new property at 202 2828 MAIN ST in Vancouver.
Amazing opportunity to live in this sprawling 1 bedroom and giant flex space with insuite storage and laundry, walk through master bedroom closet and cheater ensuite bathroom. DOMAIN is centrally located a long one of Vancouver's hippest streets with coffee shops, restaurants, antique stores and entertainment right outside. Inside the unit the modern and sustainable cork floors are complimented by over height ceilings, floor to ceiling cabinets and a stainless steel appliance package. Get inspired by this high quality Holborn built condo with the remaining warranty. OPEN: Sat/ Sun Mar 11/12, 2:00 - 4:00
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Low Supply and Snow Limit Vancouver-area Home Sales in February – Vancouver Sun


Scotiabank CEO Concerned About Correction in Vancouver, Toronto Housing Market –Global News

 

Imagine reading those headlines and then having us tell you that you’re going to be competing against 5 other buyers for the home that you want to live in.  That is exactly what happened for three of our buyers in the past week.  Which begs the question – why is the media reporting the “end of the Vancouver Real estate bubble”? And, more importantly, what is actually happening in the market?

 

We’ll start with the usual stats - the numbers shown are a ratio of the number of active listings (at end of month) over the number of sales in that month.  Numbers above a 7 are considered Buyers’ markets, below a 5 are Sellers’ and in-between are considered balanced.  Beside the number, I’ve indicated the direction the market moved when compared to the previous month.

 

Months Supply

Van West

Van East

North Van

Richmond

Burnaby

New West

Detached

6.1

Down

7.9

Down

2.6

Down

7.2

Down

8.2

Down

9.1

Up

Attached

3.0

Down

3.7

Down

1.2

Down

2.9

Down

3.6

Down

2.3

Down

Condo

1.8

Down

1.7

Down

1.3

Down

1.7

Down

2.0

Down

1.4

Down

 

It’s certainly true to say that some segments of our market are slow (even incredibly slow in some cases), but the vast majority of homes in the Vancouver area are in fact experiencing Sellers’ market conditions.  Statistically, the only “line” we can really draw would be loosely defined as the “luxury market”.  That is, homes at the top end of whatever segment we’re looking at (Eastside detached homes over $2.0Million, Westside detached over $3.5Million, New West homes over $1.0Million).  In virtually all cases, homes in the “luxury” segment have experienced a dramatic slowdown and a steady (if not steep) decline on pricing since Summer 2016.  The unwritten story (at least, uncovered by the media) is that the rest of the market is actually incredibly strong with multiple offers and price increases being the norm in those “affordable” segments.  For instance, just last week, we saw an east side house priced at $1,338,000 sell with 11 offers for $1,650,888.  Or, the week before a 1 bedroom condo in Fairview priced at $530,000 sell with 4 offers for $590,000. 

 

Other than the segmented market, the other interesting observation to note has been the complete lack of inventory in virtually all areas of the market.  While sales volume remains lower than the last two years, a comparison of sales volumes for February show that February was a strong month when compared against 2012, 2013 or 2014.  However, Buyers are simply not seeing the kind of variety/choice that we typically experience in this season.  If you ignore last year’s Spring, the current inventory is running at approximately ½ of what we saw in February of 2012, 2013, 2014 or 2015.  Obviously, when the supply side of a market equation isn’t sufficient, the market pressure will cause an increase in pricing – and that’s certainly what we’re seeing in markets outside of the “luxury” end of the market.

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I have sold a property at 2206 6188 PATTERSON AVE in Burnaby.
Luxurious Wimbledon Club. Huge corner unit with gorgeous South Eastern Views of the North Shore Mountains. Immaculately maintained concrete hi-rise building boasting amenities such as pool, spa, exercise room, extensively renovated entertainment room and 2 guest suites are great when guests wish to visit. Extra large unit with nearly 9 foot ceilings, gas fireplace, balcony, large master with 2 closets, ensuite with separate tub & shower & full sized living room. Recent renovations, including laminate flooring, paint, baseboards and fixtures, make this condo a delight for all. Pride of ownership at the Wimbledon is obvious, as they have created one of the most well maintained and sought after buildings in the area. Nearby parks include Central Park, Maywood and Old Orchard. This location is very walkable so getting to restaurants, grocery stores and entertainment can be accomplished by foot and the building is only a four minute walk from the Patterson Skytrain station. O/H Cancelled. Please call to view
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I have listed a new property at 2239 TRAFALGAR ST in Vancouver.
Explore your options with this 2324 sq. ft. home with 3 easily separated suites: garden, main and upper. Owner occupied for 46 years. Mechanically updated with newer roof (2011), exterior paint (2012), gas furnace (2006), on demand hot water (2013) and tastefully renovated over the years with newer floors, gas fireplace, appliances, windows, fixtures and combined 395 sq. ft. of deck space. Tucked on a RT-8 lot on a beautiful and quiet tree-lined street, this home offers convenient access to schools, recreation centre, buses, shopping and Kits beach. Resident only parking out front. See realtor’s website for floorplan and virtual tour. Walk Score: 97 OPEN: Sat/Sun. Mar 11/12 2:00 - 4:00pm
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I have sold a property at 2930 WOODLAND DR in Vancouver.
Step into a Restoration Hardware catalogue! This fully reno'd 6 bdrm home features 2 exquisitely designed floors with 2.5 bathrooms that include in floor heating and heated towel bars. Enjoy newly installed fir flrs & carrera marble surfaces, CALIFORNIA CLOSETS, in- ceiling speakers, s/s appliances including a 36" gas range, integrated d/w, & an eat-in area w/ built-in storage bench. The formal dining room has wood burning fireplace. The back deck and yard are great for entertaining. Mechanical upgrades include electrical, roof (2015), new drain tiles and sumps, air filtration, A/C heat pump and CAT5 wiring. Close to Trout Lake, Commercial skytrain, Clark Park. OPEN: Sat/Sun Feb. 25/26, 2:00 - 4:00pm.
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