Vancouver's Real Estate Market

[EvoFire]

Originally Posted by whitev70r

Heat pump?

Looking into if our existing heating system can last a few more years. Replacing it is going to be a 5 figure sum that I don't want to spend right now. If it can last another 5 years I might be able to squeak it into redevelopment for my area and just sell at that point. The other bit is we have been using our heatpump minisplits upstairs and the gas heating system is really only being used to warm up the basement.

The space where my hot water tank and furnace sits is very small. I don't actually know if they can pull the furnace out with the water tank in place, which is for me (unexperienced) sounds like a massive undertaking.

Some one suggested replacing it with the instant on system for the heater but I'm not sure I have enough space to just throw one in there and not remove the old tanked system.


Let's just say, a series of "if it's not broken, don't mess with it" + money saving decisions have put me in the current spot.

[Badhobz]

Originally Posted by AstulzerRZD

3M can buy you a mansion but it can't buy you energy / the people around you

FWIW I'd be in LA, Scottsdale, Miami, or have a buncha different spots for that price.

But I hate people….. and their “energy”. Get the fuck away from me !!!

[68style]

Well we can start posting stuff from all over the world too... but how many people have the ability to change countries freely? It's not easy to move to the USA unless you're in an in-demand profession or have a green card sponsorship. I mean no shit everyone wants to live somewhere warmer or on a tropical beach area, that's why BC is so in demand it's the closest thing Canada has to that.

If you're stuck in Canada though, it's always interesting to consider the tradeoffs.

[AstulzerRZD]

ya the most basic

This one... my sugar momma's gonna have to get:
https://www.zillow.com/homedetails/1...31499897_zpid/

I'll get the rest for 3M tho:

A boat that sleeps 6 below deck for spring/fall, moor somewhere in South Florida.
https://www.hmy.com/yachts-for-sale/...11-magic-life/

A spot in Niseko for ski season, maybe Aspen if I can split a property with a few buddies:
https://www.nisekoproperty.com/for-s...6-yotei-views/

Love surfing and Zouk in Rio ... and will never forget New Years and Carnaval last year so I'd want a spot there for my 10th mistress:
https://www.realtor.com/internationa...-120091302613/

Lisbon's sure getting expensive these days, but it's not too far from my fav surf spot with amazing driving nor from Seville;

800k with parking, garden, terrace, pool, and qualifying for Portuguese PR seems aight tho: https://www.idealista.pt/en/imovel/33382102/

[westopher]

In on that niseko spot with you.

[Manic!]

If I wanted to live 15 minutes from anything I would buy this for 1.8 mill. It's technically in Ladysmith but 12 minutes from south Nanaimo and the 2 billion dollar residential/commercial Sandstrone project that is being built.



The house is nothing special but it's walk on waterfront.

https://www.realtor.ca/real-estate/2...-nanaimo-cedar

[68style]

^ That's a nice place for sure

[jing]

Originally Posted by EvoFire

Looking into if our existing heating system can last a few more years. Replacing it is going to be a 5 figure sum that I don't want to spend right now. If it can last another 5 years I might be able to squeak it into redevelopment for my area and just sell at that point. The other bit is we have been using our heatpump minisplits upstairs and the gas heating system is really only being used to warm up the basement.

The space where my hot water tank and furnace sits is very small. I don't actually know if they can pull the furnace out with the water tank in place, which is for me (unexperienced) sounds like a massive undertaking.

Some one suggested replacing it with the instant on system for the heater but I'm not sure I have enough space to just throw one in there and not remove the old tanked system.


Let's just say, a series of "if it's not broken, don't mess with it" + money saving decisions have put me in the current spot.

Unless there is a redev deal in the works already, 5 years is an optimistic timeline. My parents' house took about 7 years for a deal to complete and this was with an OCP ratified by the City of Coquitlam. I can't imagine how long it would take in the COV though with new provincial legislation this would hopefully work well in your favour to fast track a land assembly like you're hoping for.

[Hehe]

Originally Posted by EvoFire

Looking into if our existing heating system can last a few more years. Replacing it is going to be a 5 figure sum that I don't want to spend right now. If it can last another 5 years I might be able to squeak it into redevelopment for my area and just sell at that point. The other bit is we have been using our heatpump minisplits upstairs and the gas heating system is really only being used to warm up the basement.

The space where my hot water tank and furnace sits is very small. I don't actually know if they can pull the furnace out with the water tank in place, which is for me (unexperienced) sounds like a massive undertaking.

Some one suggested replacing it with the instant on system for the heater but I'm not sure I have enough space to just throw one in there and not remove the old tanked system.


Let's just say, a series of "if it's not broken, don't mess with it" + money saving decisions have put me in the current spot.

If that's the plan, I'd say get some backup in place just in case. Like a few space heaters now that winter is over, if any retailer still have any stock, you might be able to source them for cheap.

The idea is simple... things tend to break at the absolute worst moment.

I was kinda on the same idea as yours as we had plan to do a full major reno down the road and I thought to stretch it as much as I could. Then the system just went kaput last year when it started getting really cold at 10PM at night. So I had to rush to any store that was still open and to friends' place to borrow any space heater I could get my hands on.

At the end, I just gone ahead with the full replacement. Sized and installed with capacity to spare for either the additional 1400sqft that I'm planning on adding or a full rebuilt of up to 6000sqft or 8000 if I do a lot of insulation and not just up to code.

[EvoFire]

Originally Posted by whitev70r

Heat pump?

Originally Posted by jing

Unless there is a redev deal in the works already, 5 years is an optimistic timeline. My parents' house took about 7 years for a deal to complete and this was with an OCP ratified by the City of Coquitlam. I can't imagine how long it would take in the COV though with new provincial legislation this would hopefully work well in your favour to fast track a land assembly like you're hoping for.

I guess 10 years may be closer to reality then. I found a guy, just need to get him in to look at it. I'm glad it went to shits right at the end of the season. It's supposed to get warm on Saturday so my parents just need to survive tonight (parents are living in the basement)

Originally Posted by Hehe

If that's the plan, I'd say get some backup in place just in case. Like a few space heaters now that winter is over, if any retailer still have any stock, you might be able to source them for cheap.

The idea is simple... things tend to break at the absolute worst moment.

I was kinda on the same idea as yours as we had plan to do a full major reno down the road and I thought to stretch it as much as I could. Then the system just went kaput last year when it started getting really cold at 10PM at night. So I had to rush to any store that was still open and to friends' place to borrow any space heater I could get my hands on.

At the end, I just gone ahead with the full replacement. Sized and installed with capacity to spare for either the additional 1400sqft that I'm planning on adding or a full rebuilt of up to 6000sqft or 8000 if I do a lot of insulation and not just up to code.

We have 5 plugin heaters that I can count, 2 of those little round fan ones, a tall standing fan one, and two 1500w oil filled rads. Upstairs we are fine most of the time with just the heatpump minisplits unless it's -10C outside.

We'll see what the tech says when he gets in for a look. Our handyman dropped by and he said it's most likely just dirty and cause things to not burn properly. If the diagnosis is no good then we'll just have to bite the bullet on a new boiler or instant on system.

[AstulzerRZD]

3M in Vancouver's pretty solid. I'd rather be Kits side but that'd be an easy 2-3X in price.

https://www.realtor.ca/real-estate/2...west-vancouver

YouTube (Short URL)

https://www.realtor.ca/real-estate/2...west-vancouver
12k sqft lot with a containe studio suite

https://www.realtor.ca/real-estate/2...west-vancouver
or 3.4 up on cypress bowl with tons of space to host

[RabidRat]

Well, it's official. I've moved to Toronto!

We closed on our house last week. The kid loves it: has space to run around in now, vs our 750 sqft 3bed/2bath house in Menlo Park now for sale.

We had wanted to build our own, but ultimately decided not to try to take that on at the same time we were going to uproot and move the family. Still want to, one day!

Sold the R1T and S2K before we left. Debating on what to get out here .

[Badhobz]

Toronto ? Easy! a Porsche and a Corolla

[snowball]

Originally Posted by Badhobz

Toronto ? Easy! a Porsche and a Corolla

I thought the t.o. special was a Mustang and Accord on dubs?

[Manic!]

Originally Posted by snowball

I thought the t.o. special was a Mustang and Accord on dubs?

No it's a v6 Charger.

[JDMDreams]

Altima on steelies

[JDMDreams]

Don't forget the bumper balls

[Traum]

Originally Posted by RabidRat

Sold the R1T and S2K before we left. Debating on what to get out here .

1 cheap sacrificial workhorse to the Salt Gods that you'll replace every 3 - 5 years. And then something nicer to drive in the non-salty months.

I really like VW's corrosion protection -- IMO they are among the best in the business for that. But then the rest of the car is... well... German lol~

[TOS'd]

Originally Posted by RabidRat

Sold the R1T and S2K before we left. Debating on what to get out here .

Get a presto card.

[westopher]

Originally Posted by Traum

1 cheap sacrificial workhorse to the Salt Gods that you'll replace every 3 - 5 years. And then something nicer to drive in the non-salty months.

I really like VW's corrosion protection -- IMO they are among the best in the business for that. But then the rest of the car is... well... German lol~

My old mk5 was crazy reliable considering all the horror stories of that model. I treated that car like fucking shit at times and it never gave me a single problem. Literally not one single issue in 4 years.
Mk7.5 I have right now though I think isn't going to be the same. Theres a few noises a car with 55k shouldn't have already.

[Badhobz]

Vut? West, since when did you get a mk7.5 !?

[westopher]

I've had it for like 2 years now. Got rid of the e46 wagon cause wife wanted something RELIABLE and SAFE for the kid.
Meanwhile I gotta look like a wiener instead of a cool dad in a slammed e46 wagon.

[Badhobz]

O Wowowow.

I miss my sportwagen quite a bit. It’s my first VW and it was pretty decent even though I trashed the shit out of it. Just the usual DSG weirdness, sunroof leaking and then failing…. Usual German car stuff

[westopher]

I got one with no sunroof on purpose for that reason

[mikemhg]

The infotainment on those new VWs is bloody annoying. Car Play seems to have a mind of its own, sometimes it works, sometimes it doesn't, sometimes it craps out, and you get a black screen of death and have to reset the whole system.

Completely random. That was my biggest gripe with the MK7 GTI.