| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
06-26-2018, 12:09 PM
|
#12176 | | they call me the snowman
Join Date: Apr 2001 Location: online
Posts: 19,749
Thanked 3,993 Times in 1,374 Posts
Failed 187 Times in 91 Posts
| Quote:
Originally Posted by quasi  I could move back to Sask. and be mortgage free in a nicer house then I have here but the only problem with that is I'd have to live in Sask. | exactly.
Let's face it, not many people actually want to live in Saskatchewan. Especially after growing up in the lower mainland.
A whole generation of Vancouverites will be forced to make that change though. The question is, what would we call them? Real Estate refugees? Or xenophobes, like they have for the last two decades?  | 
|  | |
06-26-2018, 12:42 PM
|
#12177 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Feb 2017
Posts: 195
Thanked 202 Times in 68 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by G I would say it slowed a bit. Not that many 2 bedroom apartments are being listed, and the ones that are listed are sitting.
1 Bedrooms (which is what mine is) is still pretty hot, but in my development (Wall Centre Central Park) the third tower completed and an influx of listings came up... I think at one point 40-45 listings were active between the whole development. This last weekend I walked by the third tower that finished and there were at least 10 signs outside the main entrance and just a huddle of people. I guess some people are desperate and dropped the price which caused the overall average price per sq.ft. to drop a bit. At the high point during last summer/fall it was hovering around $1200 per sq.ft. but now the high point is around $1050 with average being closer to the $975-$1000 mark. Not bad, but still... .png "Y U NO...?") |
We listed our 2 bdrm apartment last month. It sold in 6 or 7 days.
$71,000 over asking.
Fraser/Kensington Area. Wood frame 2011 build.
888/sqft.
| |
| | |
06-26-2018, 01:02 PM
|
#12178 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 12,628
Thanked 32,346 Times in 7,533 Posts
Failed 213 Times in 161 Posts
|
Cause it was 888 square feet probably
__________________
98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | 
| | |
06-26-2018, 01:11 PM
|
#12179 | | linguistic ninja
Join Date: Aug 2001 Location: Vancouver, BC
Posts: 16,139
Thanked 3,839 Times in 1,397 Posts
Failed 141 Times in 80 Posts
|
Let me guess, it sold for $788,544?
($888 x 888 sq/ft  )
| |
| | |
06-26-2018, 01:25 PM
|
#12180 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 16,665
Thanked 17,353 Times in 5,806 Posts
Failed 291 Times in 187 Posts
|
^
The Mountain View Cemetery is beautiful this time of year
| |
| | |
06-26-2018, 01:25 PM
|
#12181 | | linguistic ninja
Join Date: Aug 2001 Location: Vancouver, BC
Posts: 16,139
Thanked 3,839 Times in 1,397 Posts
Failed 141 Times in 80 Posts
|
Closing date set for 8/8/2018?
| |
| | |
06-26-2018, 01:46 PM
|
#12182 | | i like gifs
Join Date: Dec 2001 Location: imgur
Posts: 27,179
Thanked 7,785 Times in 2,695 Posts
Failed 4,294,967,295 Times in 169 Posts
| Quote:
Originally Posted by CivicBlues Closing date set for 8/8/2018? | Handing over keys at 8:08 am?
| |
| | |
06-26-2018, 05:19 PM
|
#12183 | | It's like going crazy when you're already nuts
Join Date: Aug 2005
Posts: 5,903
Thanked 3,066 Times in 793 Posts
Failed 90 Times in 38 Posts
|
$71k over asking doesn't mean squat without your list price.
| |
| | |
06-26-2018, 06:30 PM
|
#12184 | | Proud to be called a RS Regular!
Join Date: Apr 2018
Posts: 113
Thanked 51 Times in 38 Posts
Failed 0 Times in 0 Posts
|
Yea. Was it listed above your assessment? My 985k example was listed at 980 iirc but assessed at 870.. so they listed it high from the get go and still came out on top. Fuck
| |
| | |
06-29-2018, 03:53 PM
|
#12185 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
|
Going to list my apartment out next week asking 60k. Let see how much it can actually sell for.
| |
| | |
06-29-2018, 03:55 PM
|
#12186 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,742
Thanked 15,067 Times in 6,026 Posts
Failed 2,068 Times in 693 Posts
|
Email? I’ll etranafer you 60k asap bro
__________________
Dank memes cant melt steel beams
| |
| | |
06-29-2018, 04:12 PM
|
#12187 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 12,628
Thanked 32,346 Times in 7,533 Posts
Failed 213 Times in 161 Posts
|
Trying to start a bidding war I guess
__________________
98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | |
| | |
06-29-2018, 11:50 PM
|
#12188 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
|
Lol sorry I mean 600k.
Seems weird most units around are listing for 540 to 590k yet a block away (farther away from metrotown) is listing for a long more. Built years are older too about the same Sq ft.
| |
| | |
06-30-2018, 12:52 AM
|
#12189 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
Posts: 22,109
Thanked 9,871 Times in 3,926 Posts
Failed 881 Times in 421 Posts
| Quote:
Originally Posted by 68style ^
The Mountain View Cemetery is beautiful this time of year | downtown too many homelessness
cambie gateway smells funny
river district is flood-prone with noise pollution
mount pleasant and needles in playground
etc. etc.
there's semi-ugly sides to almost every neighbourhood, but anyone owning a place in the Vancouver proper should take pride in what they have...over-inflated or not
| |
| | |
07-04-2018, 12:37 PM
|
#12190 | | RS controls my life!
Join Date: Apr 2004 Location: Vancouver
Posts: 721
Thanked 235 Times in 92 Posts
Failed 22 Times in 9 Posts
|
Some Presales Updates for July - Happy Independence Day US buddies!
Port Moody
George - by Marcon - Phase 1 SOLD OUT in a week. So much for slow markets.
Phase 2 coming this week - contracts this weekend
Surrey
Avani CenterAll cheap units gone - nothing below $500K. Surrey King George high rise condo with Hilton Treeside below. $340K units were about 350-400ft. Parking spots $35K.
Coquitlam
Meridian
Good new build from Townline (local developer) - should be great - next to Burquiltlam Evergreen skytrain. Easily $950/ft.
City of Lougheed
Tower 2 starting soon. $1000/ft one bedroom start at $560K. Quite the jump from $350K one bedroom in 2016!
VIP coming end of July. Massive new redevelopment zone.
LINEA
This will be hot, Rize's new build in Surrey central.
$750/ft supposedly but with Rize's build quality selling for $900+ft in Surrey hard to imagine.
Marketed by Rennie = will be a gong show.
Vancouver
Cambie Gardens by Onni 70% sold. $900K 1 bedroom to start. Langara Gardens nearby, Cambie corridor, yada yada. Not cheap but low risk play.
OSLER 8888
Further out ways Marine Drive & Osler. Still Vancouver West.
Some clients got $680K one bedrooms. Nice room for flip IMO at $1000/ft.
Windsor
Blow out units 2bedroom + up at $750K. Not bad for Kingsway & Nanaimo. Good rental and potential flip. More rezoning coming in area.
| |
| | |
07-04-2018, 03:06 PM
|
#12191 | | i like gifs
Join Date: Dec 2001 Location: imgur
Posts: 27,179
Thanked 7,785 Times in 2,695 Posts
Failed 4,294,967,295 Times in 169 Posts
| Quote:
Originally Posted by JDMStyo
Windsor
Blow out units 2bedroom + up at $750K. Not bad for Kingsway & Nanaimo. Good rental and potential flip. More rezoning coming in area.
| I'm going to ask you since you deal with a lot of presales. Why is Windsor doing so poorly in terms of selling out the building? Is it because the location isn't ideal, or the fact that they seem to be priced too high?
| |
| | |
07-04-2018, 04:21 PM
|
#12192 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Feb 2017
Posts: 195
Thanked 202 Times in 68 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by 68style ^
The Mountain View Cemetery is beautiful this time of year | I'll take a cemetery view if it means banking 300k over 2.5 years of doing nothing. Beggars can't be choosers. Quote:
Originally Posted by jing $71k over asking doesn't mean squat without your list price. | What about now?
Build 2011
Sqft. 864
Last BC Assessment if i recall correctly was 725k
List price 729,999
Sold for 802k
purchased 2.5 years ago for 485k. 500k all in approx. The condo was paid in full at the time we purchased with no mortgage.
| |
| | |
07-04-2018, 04:40 PM
|
#12193 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 16,665
Thanked 17,353 Times in 5,806 Posts
Failed 291 Times in 187 Posts
|
You get a big pat on the back sir... and a cookie!
| |
| | |
07-04-2018, 10:29 PM
|
#12194 | | My dinner reheated before my turbo spooled
Join Date: Jan 2008 Location: Vancouver
Posts: 1,738
Thanked 939 Times in 308 Posts
Failed 206 Times in 75 Posts
|
Gains bro nice stuff. Haters gonna hate.
| |
| | |
07-05-2018, 08:11 AM
|
#12195 | | Proud to be called a RS Regular!
Join Date: Apr 2018
Posts: 113
Thanked 51 Times in 38 Posts
Failed 0 Times in 0 Posts
| https://www.ctvnews.ca/mobile/busine...rket-1.3999882
People would look at that at celebrate..but fails to see the prices went up 9% from last June as per the article. So if the prices goes down 9% then itll be a good buy right. Since I can get it for 2017 price haha
| |
| | |
07-05-2018, 08:13 AM
|
#12196 | | Proud to be called a RS Regular!
Join Date: Apr 2018
Posts: 113
Thanked 51 Times in 38 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by Gh0st I'll take a cemetery view if it means banking 300k over 2.5 years of doing nothing. Beggars can't be choosers.
What about now?
Build 2011
Sqft. 864
Last BC Assessment if i recall correctly was 725k
List price 729,999
Sold for 802k
purchased 2.5 years ago for 485k. 500k all in approx. The condo was paid in full at the time we purchased with no mortgage. | What did you end up buying after this sale if you don't mind me asking..
| |
| | |
07-05-2018, 09:35 AM
|
#12197 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,742
Thanked 15,067 Times in 6,026 Posts
Failed 2,068 Times in 693 Posts
| Quote:
Originally Posted by Acurapinoy https://www.ctvnews.ca/mobile/busine...rket-1.3999882
People would look at that at celebrate..but fails to see the prices went up 9% from last June as per the article. So if the prices goes down 9% then itll be a good buy right. Since I can get it for 2017 price haha | The news touts sales are hella down, then someone with actual info like JDM above comes in and says high rises (likely the type of homes people can actually afford) are selling out as they always have.
Yea, sales of detached homes over 1 million are down lol..big help to most
__________________
Dank memes cant melt steel beams
| |
| | |
07-05-2018, 08:17 PM
|
#12198 | | "They call me Bowser...RawR!"
Join Date: Jul 2001 Location: Vancouver
Posts: 8,236
Thanked 934 Times in 374 Posts
Failed 59 Times in 30 Posts
| Quote:
Originally Posted by Acurapinoy https://www.ctvnews.ca/mobile/busine...rket-1.3999882
People would look at that at celebrate..but fails to see the prices went up 9% from last June as per the article. So if the prices goes down 9% then itll be a good buy right. Since I can get it for 2017 price haha | That math is wrong. If it goes down by 9%, it's 9% of a bigger number. Prices dropping by 9% is less than where it started.
2017 - $1,000,000
2018 - $1,000,000 + 9% = $1,090,000
2019 - $1,090,000 - 9% = $991,900
Falling by the same % it went up, it's about $8000 less than in 2017. Not actual numbers used, I started with $1 Million because it's nice and even.
Rates are probably going to go up again next Wednesday, another 25 points.
__________________
"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
| |
| | |
07-05-2018, 09:19 PM
|
#12199 | | Proud to be called a RS Regular!
Join Date: Apr 2018
Posts: 113
Thanked 51 Times in 38 Posts
Failed 0 Times in 0 Posts
|
Ya i was aware of that..i guess itll be a good deal if it does! =p
Ya. Im curious what will happen with the rates. Buying a million dollar home with a high rate will hurt
Anyone here in the market for a detached or condo or townhome right now?
| |
| | |
07-06-2018, 12:19 AM
|
#12200 | | Banned (BBM)
Join Date: Sep 2009 Location: None
Posts: 3,136
Thanked 667 Times in 265 Posts
Failed 86 Times in 39 Posts
| Quote:
Originally Posted by Ch28 I'm going to ask you since you deal with a lot of presales. Why is Windsor doing so poorly in terms of selling out the building? Is it because the location isn't ideal, or the fact that they seem to be priced too high? | Quite surprised about this too, lots of redevelopment in the area, the street behind is all being developed with townhouses and low-rises as well. A little down is another development. T&T at Kensington Gardens is definitely a plus for that area as well!
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 10:25 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
