Vancouver's Real Estate Market

[Gumby]

Originally Posted by Hondaracer

I just don’t want to hear about it when their hot water tanks breaks lol

I’m not a home inspector but I know enough about basic building standards and finishing that most builds are complete trash.

When building for profit, that's unfortunately the end result.

The only time you see high quality workmanship is in those west side builds/renos that take years to complete. Those craftsmen actually take pride in their work.

[Hondaracer]

There’s one thing with low quality. There’s another with just a total lack of care or attention to your craft.

[JDMDreams]

What do you expect for tourist visa no English?

[radeonboy]

For most neighborhoods in the lower mainland, my hunch is buyers cannot discern high-end craftsmanship from standard finishes. Using premium materials or building to a higher standard increases costs but won't translate to added value for uneducated buyers. Good realtors will be able to spot and advise on good craftsmanship, but YMMV on whether it'll be pointed out to the client.

Someone I know spent low 6-figures in the early 2000s renovating their apartment with custom millwork and finishes. When they sold a few years ago, buyers only focused on layout, square footage, and location - the $ / sqft was the same as other units in the building.

[bcrdukes]

This is where it's a bit of a gamble. What the original owner wants/has, may not suit the next owner, especially if they do not know and/or cannot appreciate what quality is.

Like the saying goes - buy the seller. But in most cases, the reality is, people are too poor.

[unit]

its what happens when you build houses that appeal to investors not for the people who actually want to live there.

[donk.]

I would argue cheaply built homes are for locals.

People cant afford a 70 year old house, with its last update being 20 years ago. Not to mention the house across the street that was just built.....

Add in hondaracer building standards, and the buying pool just dropped by another 75%

All this talk about "we want affordable housing!", what they really mean is "we want unregulated, low quality of materials, and cheap labour housing!"

[Hondaracer]

There is a difference between an acceptable level of finishing and paint splattered on flashings, things just painted over, gaps in windows etc. careless, unprofessional tactics literally anyone should address.

This house I walk by is the perfect example I’ll see if I go by it Tom

[JDMDreams]

Renters can barely afford the landlord special

[Hondaracer]

K let’s take ya to church, I’m gonna post and edit this multiple times due to the amount of photos.

So this is what I’m talking about when I say just careless, bad developer. This is different than just low quality finishing. When we’re talking low quality finishing, your tiles should still be straight, your baseboards should be caulked, undercuts shouldn’t be crooked and fucked up, your paint shouldn’t be flashing all over the place from patches etc.

The listing in question, 785 Skeena, Vancouver

https://www.redfin.ca/bc/vancouver/7...home/155758238

The home as it sits today, keep in mind there’s been at least 2 open houses up to this point



Top windows and fascia splashed with dirt, mud, tar take your pick. Exterior coating on the window frames still there, building paper sticking out under the top flashing



Top balcony, facing your entry, filthy, glass cleaned poorly the caulking on the upper fascia already separating (NP1 and other quality compounds will almost never tear open like that, especially months after being applied)



The front drain pipe in that front column, AT YOUR ENTRY lol.. instead of spending an extra 1 minute in being careful, using a multi tool, redoing it, fuck it, good enough. There are also things called hole saws



Multiple dents in the casing, your DOOR LOCK IS ON CROOKED!!! *cry* fucking 1 minute man! Just fucking make it look square!! Even if that means jury rigging some cardboard shim or SOMETHING!! lol… add to that cracked fascia under the door and concrete stains (hold on.. you trimmed before pouring that slab?..)



Building paper, crooked flashing, soffit is falling out of the J trim



A totally wack parge on your entry slab because it was probably finished poorly or it rained and they weren’t prepared/didn’t cover it



The visible side of the house:



Soffit falling out again, paint splatter



Self explanatory



Remaining window coverings on.. the inside AND outside?… splattered paint on flashing



The torch on or tar decking for the covered deck in the rear



The detached garage, nice job trying to spray that conduit *thumbs up overspray on flashing, window coverings still on, nice trim job on the top fascia



The entry to the garage. Hope you like doing a 3 point turn in your fiat 500. And great look saving that $2000 to just pave the entire lane



Like if this is just the norm and someone looks at this and isn’t deterred based on the carelessness of this builder in the visible details, this is a terribly low bar. Like the listing looks pretty or it’s AI smoothed out but if I walked into this place I’d pretty much guarantee the finishing upon closer look is just as bad, and if THATS bad then what does the framing look like? lol

At the end of the day you could probably buy this place and do nothing and hopefully you could go 10 years without having to do anything. But even if you lucked out and that came to fruition this still shouldn’t be the state of any brand new home that is handed over to a buyer.

The fucked up thing about little items like this though is if you have a quality person who can just do cleaning and touch up’s this can all be resolved in a day

[SSM_DC5]

The image quality is so poor. I can't see any caulking.

[EvoFire]

The caulking is at the top left, right under the roof, it's cracked/split open across the whole join.

[Hondaracer]

Originally Posted by SSM_DC5

The image quality is so poor. I can't see any caulking.

[Gumby]

Yeah based on that shoddy finishing work, you'd have to wonder what does it look like behind the drywall and what other corners were cut...

[Jason00S2000]

Hell yeah

[JDMDreams]

All I can see is that the floor planks are staggered so 8/10?

[SSM_DC5]

Originally Posted by Hondaracer

ninja edit. your personal pics weren't there when I first saw your post. I was only able to see the redfin pics. But yeah..... That's a job that looks good from my house....

[Traum]

Holy good lord... After looking at those pics, I suddenly don't think my super ghetto DIY repair jobs look bad at all! In fact, I'm pretty sure I have better craftmanship than whoever build that garbage. (and I think my DIY jobs all look pretty ugly, although they should be perfectly functional)

Or at least, I gave 2 fxxks about the work I did...

[RabidRat]

Sooo RS renovation crew?

"Because we give a fuck." down the sides of our work vans

Hondaracer can come around to stamp our work. (or stomp it, depending how shit it was)

[Badhobz]

^or Why don’t we start a RS home inspection company. You’ll a bunch of arm chair experts anyways and we all hate realtors so I’m sure we’ll get tons of business being the only honest/cunty home inspection company in town.

You imagine the joy Hondaracer will have stomping on each and every buddy guy / Ching Chong build and then giving the builder a list of deficiencies 10 pages long ?!? It’ll sour the deal for sure!!! He’ll be gleaming ear to ear

(He’ll be assassinated by some Indian agent shortly)

[Doubl3_H]

The sad thing is someone would come along buy it and call it home.

[SSM_DC5]

Originally Posted by Traum

Holy good lord... After looking at those pics, I suddenly don't think my super ghetto DIY repair jobs look bad at all! In fact, I'm pretty sure I have better craftmanship than whoever build that garbage. (and I think my DIY jobs all look pretty ugly, although they should be perfectly functional)

Or at least, I gave 2 fxxks about the work I did...

Homeowners are always the hardest worker.

[Hondaracer]

Originally Posted by Doubl3_H

The sad thing is someone would come along buy it and call it home.

Most people don’t have a critical eye like me

But no one needs construction experience to look at what I posted and know it’s not right

[Harvey Specter]

Slightly OT, but I do wonder if, in 5 or even 10 years, these duplexes will hold up as good long term value, especially since most of the ones listed in Vancouver are already well over $1.5m+, or if owners will end up taking losses.

[JDMDreams]

Well people are paying $1.6+ gst. I'm sure there will be buyers cuz there's less and less land