Quote:
Originally Posted by hotjoint
We bought a presale in June 2020 for 605, finally moved in march 2021. A few weeks ago our developer sent an email out to everyone saying that our TH complex had 1 last unit for sale which is identical to ours. 4 bed, 4 bath, side by side garage for 820 which is insane. I went to realtor.ca to check out places for around 600 that we were previously looking at and saw nothing, put the price up to 800 and the same properties appeared. Prices jumped that much within a 6-8 month time frame?
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I think the combination of covid (people needing to work from home) and Surrey itself being relatively cheap to begin with in comparison is the reason why your seeing that big jump. My TH in surrey jumped higher in value in 2021 than it did in all of Late 2017-2020 combined.
Quote:
Originally Posted by winson604
This is exactly the mentality you shouldn't have. I'm convinced that's what my sisters realtor did when they were selling their house during the height of action in this pandemic. Granted it was also a over $4million dollar house so when you have that kind of cash as a buyer you're going to be pickier because you can. Anyway the realtor practically did nothing to try and push the sale of the house, months went by and they were on the verge of ending the relationship when it finally sold. Fun fact Holtby almost bought it when he was traded here.
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I do think Houses vs Condos are a different ball game when it comes to ease of sale. Houses do require abit more work imo. But for condos if it doesnt need to be staged, just declutter, take some good pictures, put it up. a couple of open houses and watch the offers come flying in. Thats when the market was hot.