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unit · 05-16-2023, 08:36 AM

oh yeah the area has a mix of indian, filipino, vietnamese, white, chinese, etc..

they asked 1.3, we offered 1.26, we agreed on 1.275 subject free.

there were a few factors that helped us. the house is on a T alleyway, but the lights from oncoming cars don't shine into the house, so that's ok with me. also there is a bus stop across the street, but there's no sidewalk on our side, so i don't really see people hanging around the house being a problem. also it's near a somewhat busy street, so some people wouldn't like that. my gf used to live on the corner of kingsway and fraser where cops and ambulances sped down all day long, so these things are not a huge deal for us and they may have helped us to get the place for a good price. apparently another offer just came in after the buyer had countered, and they were ok with being a backup offer.

i've been watching the lower end of the detached market like a hawk so i know that literally every week houses are pushing 20-50k higher right now. of course it won't last forever, but the inventory is like non existent so the prices will still keep pushing up for a while imo. we saw a 30yo townhouse for $800k last week in guildford and there were 30 parties for the thursday open house and presumably 50+ for sat and sun. it's crazy out there!

05-16-2023, 08:36 AM	#26060
unit SFICC-03* Join Date: Mar 2002 Location: richmond Posts: 9,489 Thanked 4,306 Times in 1,689 Posts Failed 167 Times in 88 Posts	oh yeah the area has a mix of indian, filipino, vietnamese, white, chinese, etc.. they asked 1.3, we offered 1.26, we agreed on 1.275 subject free. there were a few factors that helped us. the house is on a T alleyway, but the lights from oncoming cars don't shine into the house, so that's ok with me. also there is a bus stop across the street, but there's no sidewalk on our side, so i don't really see people hanging around the house being a problem. also it's near a somewhat busy street, so some people wouldn't like that. my gf used to live on the corner of kingsway and fraser where cops and ambulances sped down all day long, so these things are not a huge deal for us and they may have helped us to get the place for a good price. apparently another offer just came in after the buyer had countered, and they were ok with being a backup offer. i've been watching the lower end of the detached market like a hawk so i know that literally every week houses are pushing 20-50k higher right now. of course it won't last forever, but the inventory is like non existent so the prices will still keep pushing up for a while imo. we saw a 30yo townhouse for $800k last week in guildford and there were 30 parties for the thursday open house and presumably 50+ for sat and sun. it's crazy out there!