REVscene - Vancouver Automotive Forum

roastpuff · 04-13-2021, 10:34 AM

Question - how much on average is a full bathroom reno? I'm looking at a place that has a bidet, old shower, freestanding sink and wondering how much it would cost to redo it. Might be some tilework on the walls as well as it's tiled up to roughly 6 ft high and I would want to refinish the whole thing.

Would love to turn the bidet/sink (they're on the same wall) into a double vanity...

JDMDreams · 04-13-2021, 10:36 AM

Don't buy and wait for the crash to bring house prices back to $300k

only suckers buy now

Hondaracer · 04-13-2021, 10:42 AM

Quote:

Originally Posted by roastpuff

Question - how much on average is a full bathroom reno? I'm looking at a place that has a bidet, old shower, freestanding sink and wondering how much it would cost to redo it. Might be some tilework on the walls as well as it's tiled up to roughly 6 ft high and I would want to refinish the whole thing.

Would love to turn the bidet/sink (they're on the same wall) into a double vanity...

Has a lot of variables but depending on finishing, fixtures, etc you’re probably between 12 and 25k lol

Hondaracer · 04-13-2021, 10:45 AM

This is going to be an interesting watch:

https://ruthanddavid.com/vancouver/e...reet-R2564787/

I love this house and always wondered what it looks like inside and turns out it’s beautiful lol..I believe the owner is also the builder. This place is 2 blocks from mine so I walk by all the time. Immaculate landscaping year round etc.

yray · 04-13-2021, 11:19 AM

Quote:

Originally Posted by Hondaracer

This is going to be an interesting watch:

https://ruthanddavid.com/vancouver/e...reet-R2564787/

I love this house and always wondered what it looks like inside and turns out it’s beautiful lol..I believe the owner is also the builder. This place is 2 blocks from mine so I walk by all the time. Immaculate landscaping year round etc.

3 mil in sunset

Ch28 · 04-13-2021, 11:23 AM

Quote:

Originally Posted by Hondaracer

This is going to be an interesting watch:

https://ruthanddavid.com/vancouver/e...reet-R2564787/

I love this house and always wondered what it looks like inside and turns out it’s beautiful lol..I believe the owner is also the builder. This place is 2 blocks from mine so I walk by all the time. Immaculate landscaping year round etc.

What a beautiful home! The only thing I'd change would be the island countertop and kitchen backsplash but that's my own personal preference. Everything else in the house looks really nice and it seems like a great layout as well.

sonick · 04-13-2021, 11:30 AM

Friend of mine selling their place near Nanaimo and Hastings: https://www.rew.ca/properties/325418...t-vancouver-bc

Ask price seems a bit lower, I am guessing over/under of $1.8m sale price.

Hondaracer · 04-13-2021, 11:55 AM

Quote:

Originally Posted by yray

3 mil in sunset

After seeing the inside pics imo it’s probably one of, if not the nicest house in the whole neighborhood. This is the type of home you want to buy, built by the owner to live in

The only other exceptions may be closer to the water on wall or Trinity but I doubt anything is of this quality build

westopher · 04-13-2021, 12:03 PM

I love some of the older houses over on wall. My favourite area in Vancouver and some gorgeous older architecture and character.

Hakkaboy · 04-13-2021, 12:04 PM

Quote:

Originally Posted by Hondaracer

This is going to be an interesting watch:

https://ruthanddavid.com/vancouver/e...reet-R2564787/

I love this house and always wondered what it looks like inside and turns out it’s beautiful lol..I believe the owner is also the builder. This place is 2 blocks from mine so I walk by all the time. Immaculate landscaping year round etc.

Looks nice, but a single garage, in that part of town, for $2.9M is a dealbreaker

carsncars · 04-13-2021, 12:45 PM

Quote:

Originally Posted by Hondaracer

This is going to be an interesting watch:

https://ruthanddavid.com/vancouver/e...reet-R2564787/

I love this house and always wondered what it looks like inside and turns out it’s beautiful lol..I believe the owner is also the builder. This place is 2 blocks from mine so I walk by all the time. Immaculate landscaping year round etc.

That's an absolutely beautiful home.

I have no guesses on where the selling price will go. That's got to be one of the top percentiles of pricing in that neighbourhood and competes with e.g. homes in Marpole (obviously older, but not teardowns either). You have to be a specific kind of buyer to be willing to pay the price premium for that home in that neighbourhood. That said, I've been repeatedly surprised over the past year.

Harvey Specter · 04-13-2021, 12:48 PM

Sell high, buy high is the worst thing you can do.

Inventory is definitely increasing and there's rumours the Feds might introduce some cooling measures in the budget. If you sold your property recently it's best to rent or move back with parents and wait for the market to cool.

Hondaracer · 04-13-2021, 12:48 PM

Quote:

Originally Posted by Hakkaboy

Looks nice, but a single garage, in that part of town, for $2.9M is a dealbreaker

Not sure if the single garage was a result of this but the laneway has its own private walk from the sidewalk in where the double would be.

Imo the single garage won’t be a detriment to the sale

carsncars · 04-13-2021, 12:57 PM

Quote:

Originally Posted by sonick

Friend of mine selling their place near Nanaimo and Hastings: https://www.rew.ca/properties/325418...t-vancouver-bc

Ask price seems a bit lower, I am guessing over/under of $1.8m sale price.

I saw a house near there last fall (2904 Turner Street) that - while not as nice as your friend's place - went for $1.4M with similarly extensive renovations. I wonder what it would go for today...

Gumby · 04-13-2021, 01:48 PM

Quote:

Originally Posted by Hondaracer

Not sure if the single garage was a result of this but the laneway has its own private walk from the sidewalk in where the double would be.

Imo the single garage won’t be a detriment to the sale

It's weird - BC Assessment indicates it's a standard 33x122 lot, which would be impossible to build a laneway with 2-car garage. But the lot looks wider than 33 (just look at an aerial view via Google maps), and pictures show the extra side yard with the hockey net.

I agree it's a beautiful house, but is there a market for a $3M+ designer home in that neighbourhood?

This leads me to my next point - recently there have been a few posts about custom builds. It's important to build a house that shares characteristics with the other houses in your neighbourhood, or else you may have trouble selling it in the future. For example, most new houses in Vancouver West have 10' ceilings (which obviously increases your $/sq ft costs). If you're building there, you better have 10' ceilings too! You can't cheap out and build a crappy house in an expensive neighbourhood, nor do you build a palace in a crappy neighbourhood.

carsncars · 04-13-2021, 02:11 PM

Quote:

Originally Posted by Gumby

It's weird - BC Assessment indicates it's a standard 33x122 lot, which would be impossible to build a laneway with 2-car garage. But the lot looks wider than 33 (just look at an aerial view via Google maps), and pictures show the extra side yard with the hockey net.

Interesting. The lot's plot includes only the house/laneway portion, not the extra width of the yard - the side yard is not legally part of the property:

Sw0op · 04-13-2021, 02:12 PM

the house is okay...layout's a bit weird as it's not totally open and the 3rd floor staircase wastes a lot of room...definitely not a cookie cutter house so probably built with higher standards of materials/finishings

the hockey net is on the city side of the property which is why its not part of the square footage but fenced in with bushes to make it seem so...though i wonder if u can complain to the city to have that removed

carsncars · 04-13-2021, 02:14 PM

On a related note, there was another property I almost put in an offer on last year until my realtor and I looked closely at the survey. It was advertised as 33'x110' but there was 8' noted on the survey that was reclaimed by the City for future lot widening.

Hondaracer · 04-13-2021, 02:27 PM

^ so I’m in the same boat as that house where a substantial portion of what appears to be my lot is part of the boulevard. They did it really nice though with the hedges almost to the sidewalk which gives the illusion that you have more space than the lot size

Always the risk the city will come back and take that but it’s kinda doubtful given some of the sidewalks on this street are stamped with the dates pre-WW2

Alpine · 04-13-2021, 04:41 PM

Quote:

Originally Posted by sonick

Friend of mine selling their place near Nanaimo and Hastings: https://www.rew.ca/properties/325418...t-vancouver-bc

Ask price seems a bit lower, I am guessing over/under of $1.8m sale price.

If you don't mind me asking, is your friend upgrading to a larger home? or trying to time the market while it's hot?

sonick · 04-13-2021, 04:57 PM

Quote:

Originally Posted by Alpine

If you don't mind me asking, is your friend upgrading to a larger home? or trying to time the market while it's hot?

Yeah he got a new place closing in May. Not sure if its any bigger, but it is probably more expensive coz he is moving further out west!

bcedhk · 04-13-2021, 07:07 PM

Quote:

Originally Posted by carsncars

Interesting. The lot's plot includes only the house/laneway portion, not the extra width of the yard - the side yard is not legally part of the property:

looks like the owner took advantage of the hedges to build that fence. Most likely the land on the west have been allocated by the City for road dedication, or there is some sort of statutory right of way for underground utilities.

I guess the neighbours or bylaw officers don't about the overgrown hedge or illegal structure (fence).

https://www.google.ca/maps/place/250...4d-123.0542748

fishCak3s · 04-13-2021, 11:37 PM

What caught my eye was the "loft". With the amount of skylight windows, it doesn't seem like there's enough HVAC to manage the humidity/temperature and doesn't seem like there's a door to close that staircase leading up to it.

Other than temperature differences in that space vs rest of the house throughout the year and eat up heating costs, humidity will build up around those windows and those windows WILL fail in the future. At least these are not the older wood framed ones that will get moldy.

winson604 · 04-14-2021, 08:36 AM

Quote:

Originally Posted by carsncars

On a related note, there was another property I almost put in an offer on last year until my realtor and I looked closely at the survey. It was advertised as 33'x110' but there was 8' noted on the survey that was reclaimed by the City for future lot widening.

Exactly like my parents house in Van which just sold. It's a up to 33 x 110 lot but in reality we only ever owned 33 x 103 of it. Realtor noted on the listing that you can purchase the 7 feet back. I looked into the history and process to buy it back. Basically, it was held years and years ago with the potential to be used by translink for a bus line, it never happened. Buying it back however wasn't simply a hey here's a check for the 7 feet. You had to get them to review if they would even sell it back to you and that process in itself costs $10K and if they decide yes then it's at market value of course.

bcedhk · 04-14-2021, 08:58 AM

Quote:

Originally Posted by winson604

Exactly like my parents house in Van which just sold. It's a up to 33 x 110 lot but in reality we only ever owned 33 x 103 of it. Realtor noted on the listing that you can purchase the 7 feet back. I looked into the history and process to buy it back. Basically, it was held years and years ago with the potential to be used by translink for a bus line, it never happened. Buying it back however wasn't simply a hey here's a check for the 7 feet. You had to get them to review if they would even sell it back to you and that process in itself costs $10K and if they decide yes then it's at market value of course.

The realtors don't know shit. if the title states there is road dedication for the City, you need to first talk with the City and figure out if the approving officer will actually grant the release of the covenant. Then you have to pay to have the survey done, followed by all the paperwork and notary involved to have the land released back to your name at the LTO.

All in all, you're looking at 25k + in cost and a ton of waiting.