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04-21-2022, 10:56 AM
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#21676 | | Willing to sell body for a few minutes on RS
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Originally Posted by 68style  I keep wondering at what point people decide something is silly.
Like... even if I had the ability to buy a $5.4m house, would I spent $5.4m on some blah place in Shaughnessy?
I mean, you could buy an ocean view mansion in Hawaii for half that price. Fuck Vancouver at that point lol... | Exactly, which is why the $5M house in East Van makes no sense whatsoever.
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04-21-2022, 11:16 AM
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#21677 | | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Mar 2011 Location: NYC
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| Quote:
Originally Posted by 68style I keep wondering at what point people decide something is silly.
Like... even if I had the ability to buy a $5.4m house, would I spent $5.4m on some blah place in Shaughnessy?
I mean, you could buy an ocean view mansion in Hawaii for half that price. Fuck Vancouver at that point lol... | https://www.zillow.com/homedetails/8...59893659_zpid/
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04-21-2022, 11:26 AM
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#21678 | | OMGWTFBBQ is a common word I say everyday
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Originally Posted by 68style I keep wondering at what point people decide something is silly.
Like... even if I had the ability to buy a $5.4m house, would I spent $5.4m on some blah place in Shaughnessy?
I mean, you could buy an ocean view mansion in Hawaii for half that price. Fuck Vancouver at that point lol... | We would have said the same thing about $1.5 million East Vancouver specials 10 years ago, but look where we are now. Value means different things to different people.
Even in this thread, a City of Vancouver postal code means a lot to more than a few people. People get excited over strata-titled duplexes that are under $2 million, where you could buy a proper detached house on a 5000 square foot non-strata titled lot a half-hour car drive away for similar prices.
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04-21-2022, 11:29 AM
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#21679 | | Rs has made me the man i am today!
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Originally Posted by Tapioca We would have said the same thing about $1.5 million East Vancouver specials 10 years ago, but look where we are now. Value means different things to different people.
Even in this thread, a City of Vancouver postal code means a lot to more than a few people. People get excited over strata-titled duplexes that are under $2 million, where you could buy a proper detached house on a 5000 square foot non-strata titled lot a half-hour car drive away for similar prices. | But does that 5000sf house have a room like this though: 
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04-21-2022, 12:11 PM
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#21680 | | I *Fwap* *Fwap* *Fwap* to RS
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Originally Posted by Alpine |
actually we crossed the $7M mark last year  https://www.redfin.ca/bc/vancouver/5...home/155846261 | |
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04-21-2022, 12:28 PM
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#21681 | | RS has made me the bitter person i am today!
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| https://www.realtor.ca/real-estate/2...h-place-surrey
Something like this, not saying it looks good but you can be Tony Montana and still have change Vs the Vancouver house to park like a F40 or Countach up front.
7000+ sq house on a 7885 sq lot.   Quote:
Originally Posted by bcedhk Wat | | |
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04-21-2022, 12:54 PM
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#21682 | | Need to Seek Professional Help
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Originally Posted by van_driver | Im going to conveniently ignore that one lol.
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04-21-2022, 01:17 PM
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#21683 | | RS has made me the bitter person i am today!
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Originally Posted by supafamous But does that 5000sf house have a room like this though: | Someone should share this to the Building Inspectors at CoV. I don't think a crawl space can be converted into a habitable space...
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04-21-2022, 01:25 PM
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#21684 | | Need to Seek Professional Help
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Originally Posted by GLOW vancouver = ride a bike on a bike lane, garage not needed  | 100%. More important to have a place to store the $20k carbon fibre bicycle.
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04-21-2022, 01:29 PM
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#21685 | | Need to Seek Professional Help
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Originally Posted by Gerbs How much would that house be in the suburbs? Very nice. | I’m going to venture a guess and say that house cost $400-500/sqft to build. In the burbs it might cost 20% less.
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04-21-2022, 01:48 PM
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#21686 | | Willing to sell a family member for a few minutes on RS
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That fuckin pile would be 4 million in the burbs?! Man fuck this place.
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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. | | |
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04-21-2022, 02:03 PM
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#21687 | | Willing to sell body for a few minutes on RS
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Originally Posted by bcedhk Someone should share this to the Building Inspectors at CoV. I don't think a crawl space can be converted into a habitable space... | If COV started going after secondary suites that didn't meet all applicable codes, there would be a LOT of people out of their homes...
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04-21-2022, 02:32 PM
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#21688 | | Need to Seek Professional Help
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Originally Posted by westopher That fuckin pile would be 4 million in the burbs?! Man fuck this place. | I can't speak for all burbs, but here are a couple of examples from my little pocket of the burbs: https://www.rew.ca/properties/389284...t-coquitlam-bc https://www.rew.ca/properties/401220...e-coquitlam-bc
These are the standard spec mcmansion homes that south Asian builders build for resale here. I'm your standard nosey neighbor so I've spoken to a bunch of builders here, and the general consensus prior to/at the start of covid was low $200's (I'll call it $225) / sqft to build something like this, or $1.25m.
Slap on the post covid tax, and buildings costs are now mid to high 200s (let's say $270), or $1.5m. That's with your standard spec home quality & finishings (which IMO, are cheap and poor quality).
So if these spec piles are selling for low 3m's, then yeah, a house like that in my pocket of the burbs will go for 4m  | |
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04-21-2022, 02:44 PM
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#21689 | | OMGWTFBBQ is a common word I say everyday
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If you've got the ability to purchase a home in the 4M range, it seems like purchasing a late-90s/early-2000s luxury spec home to renovate on a 10K square foot lot would be a better deal. Something like this, but probably in a more central location: https://www.zealty.ca/mls-R2671223/3...-Coquitlam-BC/
Open floor plans with 'great rooms', large windows, stucco finishing, tile roofs, pex plumbing, ducting throughout and likely better framing. Aside from dated interior materials like dark granite and tile in wet areas, I can't see many downsides.
Last edited by Tapioca; 04-21-2022 at 02:53 PM.
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04-21-2022, 02:52 PM
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#21690 | | I contribute to threads in the offtopic forum
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Originally Posted by bcedhk Someone should share this to the Building Inspectors at CoV. I don't think a crawl space can be converted into a habitable space... | That's not a bad idea for AirBnB. It's an upgraded capsule hotel.  | |
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04-21-2022, 02:55 PM
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#21691 | | Willing to sell body for a few minutes on RS
Join Date: Aug 2002 Location: Vancouver
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Originally Posted by Tapioca If you've got the ability to purchase a home in the 4M range, it seems like purchasing a late-90s/early-2000s luxury spec home to renovate on a 10K square foot lot would be a better deal.
Open floor plans with 'great rooms', large windows, stucco finishing, tile roofs, pex plumbing, ducting throughout and likely better framing. Aside from dated interior materials like dark granite and tile in wet areas, I can't see many downsides. | Agreed 100%. You'll get a layout that wasn't designed with "how much rental income can I squeeze out" in mind. If you can afford $4M, you don't need the rental income.
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Do Not Put Aftershave on Your Balls. -604CEFIRO
Looks like I'm gonna have some hot sex again tonight...OOPS i got the 6 pack. that wont last me the night, I better go back and get the 24 pack! -Turbo E
kinda off topic but obama is a dilf - miss_crayon
Honest to fucking Christ the easiest way to get a married woman in the mood is clean the house and do the laundry.....I've been with the same girl almost 17 years, ask me how I know. - quasi
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04-21-2022, 03:04 PM
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#21692 | | in the butt
Join Date: Aug 2016
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Originally Posted by bcedhk Someone should share this to the Building Inspectors at CoV. I don't think a crawl space can be converted into a habitable space... | Get out of here Kevin
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Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by mikemhg
Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
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04-21-2022, 04:00 PM
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#21693 | | To me, there is the Internet and there is RS
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Originally Posted by Gumby Agreed 100%. You'll get a layout that wasn't designed with "how much rental income can I squeeze out" in mind. If you can afford $4M, you don't need the rental income. | You may not need it but why would you not take it?
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Until the lions have their own historians, the history of the hunt will always glorify the hunter. | |
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04-21-2022, 04:18 PM
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#21694 | | Revscene.net has a homepage?!
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Originally Posted by Manic! You may not need it but why would you not take it? | Lifestyle
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04-21-2022, 04:46 PM
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#21695 | | Rs has made me the man i am today!
Join Date: Mar 2011 Location: Vancouver
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Originally Posted by Manic! You may not need it but why would you not take it? | Some places design the rental space so it's not really a good living space for the homeowner - it's there strictly to get rental income and not intended to be a nice place to live. Eg. the bedrooms are only JUST big enough for someone to live in and have cheap ass closets. Or they shrink the living space so that they can squeeze in a second bedroom or there's simply no living space, it's just a kitchen.
There can be a much better balance - I've seen places where the second bedroom of the suite can be kept by the owner and is big enough to be a media room. Or the space is designed for multi-generational living so the suite is the same quality as the rest of the house and better laid out.
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04-21-2022, 04:52 PM
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#21696 | | I have named my kids VIC and VLS
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04-21-2022, 05:08 PM
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#21697 | | in the butt
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^ Churches are a business, so no surprise
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by mikemhg
Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
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04-21-2022, 05:16 PM
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#21698 | | I have named my kids VIC and VLS
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The sales history makes it look like they wanted to do anything but have to do it themselves lol
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04-21-2022, 05:18 PM
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#21699 | | Willing to sell a family member for a few minutes on RS
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Make sure to email transfer Jesus when it sells.
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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. | | |
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04-21-2022, 06:34 PM
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#21700 | | To me, there is the Internet and there is RS
Join Date: Apr 2004 Location: Nanaimo
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Originally Posted by Wormiez Lifestyle |
Have a cousin who moved here from India less than 15 years ago. Worked his ass off as a roofer and now owns 2 houses in Surrey. First house is now 100% rented main floor and a suite. The rent pays mortgage. The second house he bought is newer and way bigger. It has 2 suites and they cover the mortgage and he lives on the main floor with his wife and kids. he is killing it right now.
Forget a 5 million dollar house. 24 town homes for sale in fort st john for 3.6 million. https://multifamily.ca/properties/grandview-townhomes
With the lower mainland becoming so expensive I can see more people moving to other parts of BC increasing prices.
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