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 email@example.com
Oakridge Vancouver will be Vancouver’s Second Downtown Center. Located on 30 acres in Vancouver’s west side..
Oakridge will be North America’s 2nd most expensive development. World class developer Westbank is now offering pre sales for phase 1 North. Two buildings are in this phase and units are selling fast.
The total number of units in Oakridge will consist of 2000 units, valet parking, 21 world class restaurants w/rotating cuisines and a city park in the center and so much more.
Call me Tom Ikonomou at 778.879.8366 for more information on how to get a great unit and an introduction to this world class development.
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Southill Manor. This partially updated two bedroom apartment is a quiet North facing unit. Lots of light in this well cared for home with new laminate flooring and paint. Slider off of living room onto deck with lovely mountain views. Professionally managed with intercom entry, elevator close to shopping and recreation, bus and schools. Strata fee includes hot water.
Prime Location! This Cafe/Bakery is located in a high foot/street traffic area and provides a great return. Call for information package today. Could this be your business opportunity?
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South Kamloops! You’ll be impressed by this quiet & bright 895 sqft 2 bed, 1 bath partially updated condo located downtown and just steps away from Royal Inland Hospital, shopping and more! Complex had recent upgrades & has secure underground parking complete with workshop and car wash
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