Go West young man, Go West

Vancouver has two main areas. Vancouver East & Vancouver West. In December 2018 the average detached home in Vancouver West sold for $3,306,055 whereas the Average home in Vancouver East sold for $1,480,383 That’s $1,825,672 more for a home on the Westside! However, we are not comparing apples with apples. The other factor you must account for is the size of the lot the home is on.

As of December 2018 there were 494 detached homes listed with an average size lot of 4,270 sq foot, and of the homes that sold, it worked out to $346.63 per sq foot. Of the 549 homes listed on the Westside, the average sized lot was 7,808 sq feet and of the homes that sold, worked out to $423.39 sq foot.

This means for $76.76 per sq foot more.. you would get (on average) a lot that is 3,538 sq feet more. A larger lot generally means a larger home as well.

If you’ve always wanted to live on the Westside, now may be the single best time to do that. For a complimentary, no obligation market evaluation on your home.. give me a shout at 778.879.8366 or send me an email with your name and address to tom@tomikonomou.com

Greater Vancouver Real Estate Boards Real Estate Statistics October 2018

The Greater Vancouver Real Estate Association has released the latest Statistics for October 2018. Click on the image below to enlarge or PDF documents included in the links below.

Oct 2018 Market Statatistics Greater Vancouver.jpg

 

Collingwood

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Location

Collingwood is located in East Vancouver and boarders Boundary Road on the East, Nanaimo Street at the West, East 29th Ave at the north with a north west section crossing Vanness Ave and East 41st Ave at the South.

Parks

Collingwood has Eleven Parks including, Slocan park, Cariboo Park, Carleton Park, Price Park, Collingwood Park, Norquay Park, Gaston Park, Earls Park, Melbourne Park, Foster Park & Aberdeen Park.

Collingwood Residential Market Stats

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Renfrew

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Location

Renfrew is located in East Vancouver and boarders East Hastings Street at the north, Grandview Highway on the south, Nanaimo Street on the west and Boundary Rd at the East. Renfrew is a diverse area that includes a substantial business community in several areas.

Parks

Renfrew has seven parks including Hastings community Park, Adanac Park, Charles Park, Rupert Park, Clinton Park, Sunrise Park & Kaslo Park.

Residential Market Stats

Get access to resources, property info, news & updates via electronic messaging. You may withdraw consent anytime. We take your privacy seriously. For market stats specific to your home and area call Tom Ikonomou direct at 778.879.8366 or reach out to us here

Southlands

Southlands Residential Market Sales

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South Granville

South Granville Residential Market Sales Prices

Get access to resources, property info, news & updates via electronic messaging. You may withdraw consent anytime. We take your privacy seriously. For market stats specific to your home and area call Tom Ikonomou direct at 778.879.8366 or reach out to us here