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Liquid_o2 09-18-2018 01:12 PM

I remember when my fiancee and I bought our condo last year, our realtor was very strategic. Made sure we got in a location and building that would be desirable even during a slow down. No guarantees obviously, but location definitely makes a huge difference.

G 09-18-2018 01:18 PM

Quote:

Originally Posted by Acurapinoy (Post 8919677)
Detached? Condos? Where is it at?

From what I have been seeing while looking around is the location makes a difference. There are cheaper homes (800-900k loll) out in surrey but the location and the house needs a lot of updating. While the mid 900s-1m I a nicer location sells quicker. I still can't believe it will cost near a million to get a nicer detached in surrey now lol:(

Wall Center Central Park (Burnaby/Vancouver Border). 1 BR, 600 SF, low-rise concrete within a three tower development.

GS8 09-18-2018 02:42 PM

Quote:

Originally Posted by 68style (Post 8919673)
Not just those floors bro... no apartments ending in 4 either... no 104 or 114 etc in my building lol!

I didn't even think about that.

I lived on the 4th floor when I was in Richmond but it was the 5th floor in Richmond's world (my suite was 505 but should have been 504 now that I think about it). I was still on the ground floor at the end of the day LUL

To me, these superficial alterations were like putting a woman's wig on a man's head and calling it a woman.

Ch28 09-18-2018 03:08 PM

Quote:

Originally Posted by G (Post 8919680)
Wall Center Central Park (Burnaby/Vancouver Border). 1 BR, 600 SF, low-rise concrete within a three tower development.

Well that kind of makes sense that you're not getting any biters. Last time we went to check out a unit, there were about 7 or 8 other units having an open house. Supply far outweighs demand for that area and development. Unfortunately, it looks like you held onto your unit too long, unlike some of my friends that bought in when it was cheap and were able to make quite a big profit from selling.

G 09-18-2018 03:13 PM

Quote:

Originally Posted by Ch28 (Post 8919702)
Well that kind of makes sense that you're not getting any biters. Last time we went to check out a unit, there were about 7 or 8 other units having an open house. Supply far outweighs demand for that area and development. Unfortunately, it looks like you held onto your unit too long, unlike some of my friends that bought in when it was cheap and were able to make quite a big profit from selling.

It's okay for me. I threw it out there to see if I can get an offer and upgrade while the market is slow. I bought it as an assignment before it was completed and had intentions to live in it but yes, I definitely missed the peak BabyRage

68style 09-18-2018 03:21 PM

Quote:

Originally Posted by GS8 (Post 8919693)
I didn't even think about that.

I lived on the 4th floor when I was in Richmond but it was the 5th floor in Richmond's world (my suite was 505 but should have been 504 now that I think about it). I was still on the ground floor at the end of the day LUL

To me, these superficial alterations were like putting a woman's wig on a man's head and calling it a woman.

It's bizarre, my building is only 5 floors but the elevator buttons are 1, 2, 3, 5, 6.... it's just so stupid... you live on the 4th floor man not the 5th... lol... force everyone for eternity to have to disclaimer every time they talk about where they live "It's a 5 story complex"... "but you're apartment number indicates you're on the 6th floor"... "Well........."

Gerbs 09-18-2018 03:36 PM

Where would you guys want to buy at if your budget was like $400 - 450k.

@GS8

What was assignment prices like at boundary? Was it sold in 2015?

Hakkaboy 09-18-2018 03:57 PM

Quote:

Originally Posted by Liquid_o2 (Post 8919678)
I remember when my fiancee and I bought our condo last year, our realtor was very strategic. Made sure we got in a location and building that would be desirable even during a slow down. No guarantees obviously, but location definitely makes a huge difference.

Are you saying that you wanted an undesirable condo with bad location and/or building if it were not for this "strategic" realtor?

Nabatron 09-18-2018 04:32 PM

Quote:

Originally Posted by Gerbs (Post 8919711)
Where would you guys want to buy at if your budget was like $400 - 450k.

@GS8

What was assignment prices like at boundary? Was it sold in 2015?

no where in the lower mainland....you best bet is Okanagan lol

Liquid_o2 09-18-2018 04:34 PM

Quote:

Originally Posted by Hakkaboy (Post 8919716)
Are you saying that you wanted an undesirable condo with bad location and/or building if it were not for this "strategic" realtor?

We were looking in areas from Vancouver to New West. Market was hot. We looked at a LOT of properties. Probably 20 to 30 condos over a 4 month period. There was a lot of shit product moving quickly. Or good product, but in areas that would likely take longer to sell during a slowdown.

Mr.HappySilp 09-18-2018 04:38 PM

Quote:

Originally Posted by Gerbs (Post 8919711)
Where would you guys want to buy at if your budget was like $400 - 450k.

@GS8

What was assignment prices like at boundary? Was it sold in 2015?

Maple ridge. Even then that's stretching your 450k......

Hondaracer 09-18-2018 06:11 PM

Quote:

Originally Posted by Gerbs (Post 8919711)
Where would you guys want to buy at if your budget was like $400 - 450k.

@GS8

What was assignment prices like at boundary? Was it sold in 2015?

New West

twitchyzero 09-18-2018 08:25 PM

coal harbour

https://www.rew.ca/properties/R22645...erty_click=map

Ch28 09-18-2018 08:28 PM

Quote:

Originally Posted by twitchyzero (Post 8919754)

Prime waterfront real estate doe

G 09-18-2018 09:16 PM

Quote:

Originally Posted by Gerbs (Post 8919711)
Where would you guys want to buy at if your budget was like $400 - 450k.

@GS8

What was assignment prices like at boundary? Was it sold in 2015?

3rd tower actually has a couple units within the upper portion of your range. Not sure if those have sold yet.

I got in a bit under 400k for my unit, taxes in. 2015/2016 time.

Traum 09-18-2018 10:16 PM

Quote:

Originally Posted by Gerbs (Post 8919711)
Where would you guys want to buy at if your budget was like $400 - 450k.

What kind of property are you looking at? Bachelor suite? 1 bedroom? 2 bedrooms? Giant honking house with a 2-car garage?

Can't choose an area unless you know what you're looking for.

Gerbs 09-19-2018 06:53 AM

Quote:

Originally Posted by Traum (Post 8919766)
What kind of property are you looking at? Bachelor suite? 1 bedroom? 2 bedrooms? Giant honking house with a 2-car garage?

Can't choose an area unless you know what you're looking for.

1br / loft

Hondaracer 09-19-2018 07:43 AM

Quote:

Originally Posted by Gerbs (Post 8919792)
1br / loft

There are a tonne of buildings on queensborough with very nice lofts. A lot of newer development there as well so you may be able to work a price out on a bit older unit

Traum 09-19-2018 09:10 AM

Quote:

Originally Posted by Gerbs (Post 8919711)
Where would you guys want to buy at if your budget was like $400 - 450k.

Just saw this on my FB wall -- not sure why it showed up, but anyway...

https://www.realtor.ca/Residential/S...olumbia-V3C1W9

It's an older builder for sure, but I am honestly a little surprised by how relatively inexpensive it is. For the size of the unit, the strata fee doesn't seem outrageous either.

JordanLee 09-19-2018 10:21 AM

Anyone have a line on a concrete polishing/sealant company they recommend? Looking to get the unfinished concrete floors in my apartment done and quotes have been pretty high.

Gerbs 09-19-2018 10:33 AM

How's the commute to Downtown from Poco? I've always lived in South van my whole life.

Dragon-88 09-19-2018 10:41 AM

Quote:

Originally Posted by Gerbs (Post 8919825)
How's the commute to Downtown from Poco? I've always lived in South van my whole life.

Driving its a gong show.. Transit I have no clue.

Traum 09-19-2018 10:57 AM

Quote:

Originally Posted by Gerbs (Post 8919825)
How's the commute to Downtown from Poco? I've always lived in South van my whole life.

For public transit,

If you can get yourself to a WCE station, and their limited servicing schedule works with your work schedule, it's a cinch.

IMO, going through the rigours of Evergreen Line, Millennium Line, and then the Expo Line to get yourself from PoCo to DT is not exactly a nightmare (yet), but is still pretty aggrevating. If it has to be done, it has to be done. I'd much rather avoid it if I can, but at least the option is there.

If you can't easily get yourself to a Skytrain station, however, then the commute is going to be bad.

GS8 09-19-2018 10:57 AM

Quote:

Originally Posted by Gerbs (Post 8919711)
@GS8

What was assignment prices like at boundary? Was it sold in 2015?

I'm in Burquitlam. Our building was sold in June of 2018. Price unknown.

Quote:

Originally Posted by Gerbs (Post 8919825)
How's the commute to Downtown from Poco? I've always lived in South van my whole life.

Driving sucks though part of that depends on your work shifts. If you move to Coq, you can skytrain. If you're in Poco, you can Westcoast Express.

GS8 09-19-2018 11:13 AM

Speaking of Burquitlam, I took some screengrabs of some properties which I circled.



Fig 1 - The red X's are properties that have already come down. The empty land opposite already has constructed buildings.

Fig 2 - Properties that have had proposals already submitted. Half of the plaza in Fig 2 has already been cordoned off. The building in the middle has already been sold and I believe the building opposite of it has been sold recently as well.

Fig 3 - The buildings in the top right corner are new. Possibly same developer which will extend their development across where this massive rental property currently is. Building at the bottom right has already been demolished (same structure in Fig 1).

These are older google photos (2015).

There will be more to come. I just haven't received proposal notifications yet.


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