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supafamous · 02-26-2021, 06:15 AM

Put a bid of $1.6m on Monday for a 33x132 (4400sf) lot in Killarney that was $200k over assessed and the winning offer was $1.71m with no subject. Apparently they had multiple offers with no subjects (I had subject to finance since my ducks weren't in a row) for what is a teardown lot.

3 weeks earlier a lot that was 400sf bigger and a few mins from it sold for $1.6m, also a teardown.

Houses below $2m used to go for $150-200k above assessed and now are all going for $300k over or more in the past couple weeks.

02-26-2021, 06:15 AM	#17536
supafamous RS has made me the bitter person i am today! Join Date: Mar 2011 Location: Vancouver Posts: 4,798 Thanked 5,517 Times in 2,222 Posts Failed 122 Times in 57 Posts	Put a bid of $1.6m on Monday for a 33x132 (4400sf) lot in Killarney that was $200k over assessed and the winning offer was $1.71m with no subject. Apparently they had multiple offers with no subjects (I had subject to finance since my ducks weren't in a row) for what is a teardown lot. 3 weeks earlier a lot that was 400sf bigger and a few mins from it sold for $1.6m, also a teardown. Houses below $2m used to go for $150-200k above assessed and now are all going for $300k over or more in the past couple weeks. __________________ Current: 2019 Acura RDX Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5 Last edited by supafamous; 02-26-2021 at 09:16 AM.