Quote:
Originally Posted by Special K
Wow the land is sold for $1.6m + $800k-$1m to build. We looking at a $3m flip in South Vancouver?  |
I would be thinking the same thing, until I watched my parents neighborhood in Richmond transform before my own eyes, 6 different 1970’s houses on their block have sold for 1.2-1.4 in the last year and 5/6 of them got torn down and turned into a mansion and sold for anywhere from 2.5-2.8.
If it can be done in Richmond it most certainly can for 3+ in south Vancouver.