Real Estate

Vancouver housing bubble?

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  • Mar 26th, 2024 5:10 pm
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Deal Addict
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Jul 25, 2015
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Burnaby, BC
Wow so many for sale in that building. It looks like a jail though. It's good place to start your own business. Work from.home and make a lot of money...
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Dec 5, 2009
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Angel Girl wrote: I think this one will be hard to sell. It’s now priced accordingly, but not enough for me to be interested. Having a lot this much shorter than standard really limits its potential. This is the kind of house that should have been offloaded to a desperate buyer when the market was red hot. Oh well!
This lot will also have a 10' easement for an eventual lane. If it wasn't included in the listing it might even be a 33x80 lot.
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Jan 14, 2009
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Vancouver, BC
Alpine84 wrote: This lot will also have a 10' easement for an eventual lane. If it wasn't included in the listing it might even be a 33x80 lot.
Is it 10 feet now? I think it used to be 3 from each side.
If you buy vgro for a thousand years Vancouver homes will still be out of reach.
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Dec 5, 2009
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zakarydoks wrote: Is it 10 feet now? I think it used to be 3 from each side.
We had a property in that area, and when we looked into rebuilding a new house the city said there would be a 10-foot easement to make space for an eventual rear lane. We sold it and put our money into a larger lot instead. The lack of development potential will really limit the appreciation of the lot.
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Jan 14, 2009
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Piklishi wrote: I like this one better lol. The house will need some fixing but the location is great. Its close to the cemetery, yes. It's also walking distance to groceries, restaurants, shops, walking distance to QE and main street. I really think it's a better value than the coquitlam one.
I saw this today and remembered you liked it! Might want to take a stab at it.
https://www.realtor.ca/real-estate/2467 ... -vancouver

MLS® Sales History
590 E 30TH AVENUE
Private sales are not included.
Date Comments MLS® Number

2022-Jul-18 Listed $1,599,000 R2710103
Oakwyn Realty Ltd.

2022-Jun-27 Canceled $1,500,000 R2689777
2022-May-16 Listed $1,700,000 R2689777
Oakwyn Realty Ltd.

2022-May-11 Terminated $1,888,000 R2681322
2022-Apr-25 Listed $1,888,000 R2681322
If you buy vgro for a thousand years Vancouver homes will still be out of reach.
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Feb 14, 2007
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Nova Scotia
zakarydoks wrote: I saw this today and remembered you liked it! Might want to take a stab at it.
"HANDYMAN SPECIAL"
$1,599,000
lol
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Jan 25, 2021
438 posts
471 upvotes
6515 Butler st sold for 3.11M for a 44 x 140, that's a decent discount no? Kinda close to 49th tho. Build quality looks pretty bad for a house only 5 years old.
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Jan 14, 2009
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Looksmooth wrote: 6515 Butler st sold for 3.11M for a 44 x 140, that's a decent discount no? Kinda close to 49th tho. Build quality looks pretty bad for a house only 5 years old.
Looks pretty bad and no A/C.
If you buy vgro for a thousand years Vancouver homes will still be out of reach.
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May 10, 2008
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Vancouver, BC
Looksmooth wrote: 6515 Butler st sold for 3.11M for a 44 x 140, that's a decent discount no? Kinda close to 49th tho. Build quality looks pretty bad for a house only 5 years old.
It’s not what I’m looking for (so I haven’t deeply studied the prices of these Smiling Face With Open Mouth And Cold Sweat), but I agree that it’s a decent deal. Not too long ago, a standard sized lot with a house of this style plus laneway in a lesser area was going for more than this sold price. Sure, it looks like generic non-fancy EI built house, but it still makes more sense to me than shopping for a lot and building it myself.
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Jan 14, 2009
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Big tree at the back too. They really should let people remove trees.
Image
If you buy vgro for a thousand years Vancouver homes will still be out of reach.
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Dec 5, 2009
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Someone from my wife's network recently sold their house for over $4m to a returning HK family. Make of it what you will.
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May 10, 2008
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zakarydoks wrote: Big tree at the back too. They really should let people remove trees.
Image
Ditto, I used to love trees but the way CoV restricts tree removal to the point where it’s unreasonably impossible has made me become the opposite. I hate trees now. And I’d expect a discount on a lot with a huge tree.
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May 10, 2008
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Alpine84 wrote: Someone from my wife's network recently sold their house for over $4m to a returning HK family. Make of it what you will.
Wow nice, do you know which area? What I’m even more curious about is, where is this young family moving to after selling for $4M? Smiling Face With Open Mouth And Smiling Eyes
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Jul 25, 2015
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That tree is the best thing ever in a hot summer day.
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Jan 14, 2009
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Looksmooth wrote: Lol that looks pretty similar to this house I looked at when i was buying.

https://www.google.ca/maps/@49.267114,- ... 384!8i8192

Bigger tree on a 33 lot.

There's another massive tree in the front yard as well:

https://cdnparap130.paragonrels.com/Par ... 614260.JPG
Those look awful. I would not risk it but I'm a very risk averse person.

https://globalnews.ca/video/9002505/tre ... servatory/
If you buy vgro for a thousand years Vancouver homes will still be out of reach.
Deal Addict
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May 10, 2008
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Vancouver, BC
I’ve talked to people who had their houses and cars damaged by dangerously large trees either on private or public property. CoV wouldn’t do anything about their concerns, and then denied all responsibility after something happened. Death to all trees in Vancouver! Face With Look Of Triumph
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Jan 14, 2009
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Angel Girl wrote: I’ve talked to people who had their houses and cars damaged by dangerously large trees either on private or public property. CoV wouldn’t do anything about their concerns, and then denied all responsibility after something happened. Death to all trees in Vancouver! Face With Look Of Triumph
lol I don't think we need to go that far. I know people with fruit trees in their backyard and it's nice. You need spend the time and money to keep the trees healthy.

But some homes have trees that can kill the whole family and I think the owner should be able to remove those.
If you buy vgro for a thousand years Vancouver homes will still be out of reach.

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