Here are the 10 detached properties in Metro Vancouver (Vancouver West, Vancouver East, Burnaby, Richmond, North Vancouver and West Vancouver) that changed their price or were relisted under a new MLS number the previous week AND have dropped the largest percentage overall from their original asking price. There are some gaps in assessment data – I have some old data and can pull up 2013 but if you see years missed it is because I just don’t have the information available.
Vancouver West and West Vancouver each make the list 3 times
#10 ) Address:6080 STEVESTON HY, Gilmore, Richmond
March 15, 2008
V694233
$1,098,000
$0
0%
May 22, 2008
V694233
$998,000
$-100,000
-9%
July 01, 2008
V694233
removed after 108 days
July 17, 2008
V722870
$998,000
$-100,000
-9%
October 01, 2008
V722870
removed after 76 days
May 06, 2010
V827605
$1,180,000
$0
0%
September 02, 2010
V827605
removed after 119 days
June 28, 2012
V958873
$3,880,000
$0
0%
June 26, 2013
V958873
removed after 363 days
July 06, 2013
V1016060
$3,880,000
$0
0%
November 07, 2013
V1016060
$3,380,000
$-500,000
-13%
April 15, 2014
V1016060
$2,998,000
$-882,000
-23%
Current Days on Market: 663 (1.82years)
Current ‘Official’ Days on Market: 290
2013 Assessment: $2,003,000
2011 Assessment: Building Unfinished at time of assessment
Desperation Score: 19.9
ABSOLUTELY GORGEOUS! THE MAJESTIC WORLD CLASS ESTATE SIT ON A LARGE LOT 35,280 sqt. & offering 7,217 sqt. of pure luxury living space. Grand marble entrance with 22′ high ceilings. The unique design captures the best of a modern feeling as the interior is integrated with superb quality & meticulous detained finishing & meticulous attention to details. Features include: Hardwood floor, radiant heating & air conditioning, HRV, granite counter top and security system, open gourmet kitchen w/ top of line s/s appliances. Large theater on main floor. Huge sundeck with 2 gas BBQ’s. Custom landscaping with extensive use of a variety of plants. TRULY A MASTERPIECE OF CRAFTSMANSHIP &ARCHITECTURAL SPLENDOR. Open house: Sat & Sun: 2pm-4pm
” THE MAJESTIC WORLD CLASS ESTATE “, “unique design captures the best of a modern feeling” down almost $900K after close to 2 years on the market
#9 ) Address:3771 DOLLARTON HY, Roche Point, North Vancouver
May 08, 2008
V706638
$1,895,000
$0
0%
August 31, 2008
V706638
removed after 115 days
September 15, 2008
V733398
$1,895,000
$0
0%
November 03, 2008
V733398
removed after 49 days
January 23, 2013
V986616
$4,798,000
$0
0%
April 03, 2013
V986616
$4,450,000
$-348,000
-7%
May 30, 2013
V986616
removed after 127 days
July 06, 2013
V1016201
$3,888,000
$-910,000
-19%
September 04, 2013
V1016201
removed after 60 days
September 07, 2013
V1025625
$3,888,000
$-910,000
-19%
December 28, 2013
V1025625
removed after 112 days
January 16, 2014
V1041520
$3,799,000
$-999,000
-21%
April 15, 2014
V1041520
$3,699,000
$-1,099,000
-23%
Current Days on Market: 454 (1.24years)
Current ‘Official’ Days on Market: 96
2013 Assessment: $2,909,000
Desperation Score: 24.1
Immerse yourself in extremely rare beachfront living at its finest. We proudly present another Noble Cove home: a spectacular 1 yr old, contemporary beauty. Moor your boat in your own 45′ boat slip on the concrete dock; stroll down your back path to a sandy beach; relax in the hot tub or chill on the decks while watching the tide toll in. 2 large Eclipse sliding doors showcase fabulous ocean views from incredible chef’s kitchen, great room & dining room. Upstairs you’ll find 4 beds, & 3 baths; stunning master & spa-like bathrm w/ floor to ceiling windows. Down is an extra bed (also wired as theatre rm) w/ bath, rec room & 1 bed suite. With a 2/5/10 warranty, Savant home automation, sec cams, wine room & more, this home has it all!
Down over a million and listed for over a year. Great beach front but awkward spot – kind of isolated in terms of neighbours and right next to a ship yard
#8 ) Address:27 W 17TH AV, Cambie, Vancouver West
November 12, 2009
V797172
$898,000
$0
0%
November 13, 2009
V797172
$988,800
$0
0%
February 09, 2010
V797172
removed after 89 days
April 12, 2013
V1000578
$2,588,000
$0
0%
May 07, 2013
V1000578
$2,399,000
$-189,000
-7%
August 07, 2013
V1000578
removed after 117 days
September 07, 2013
V1025681
$2,299,000
$-289,000
-11%
October 29, 2013
V1025681
$2,248,000
$-340,000
-13%
January 23, 2014
V1025681
removed after 138 days
January 29, 2014
V1044187
$2,128,000
$-460,000
-18%
March 20, 2014
V1044187
$2,099,000
$-489,000
-19%
April 15, 2014
V1044187
$1,988,000
$-600,000
-23%
Current Days on Market: 375 (1.03years)
Current ‘Official’ Days on Market: 83
2013 Assessment: $2,026,000
2012 Assessment: $1,902,000
2011 Assessment: $2,004,000
Desperation Score: 30.5
OPEN HOUSE SAT FEB 1st, 2-4pm. LUXURY Monster Home w/Mortage Helper. NO GST! Total: 3445sqft, 9 bedrooms; 5 Up, 4 Down, 7 baths. All 3 Floors 10 ft Ceilings! Mountain Views –* Main/Upper. Open Plan, Huge Kitchen: Sub-Zero 48″ fridge. Wolf range, Wine cooler 2 Lrg Gas F/P. 3 bath up (all Ensuite). Mstr bd w/jacuzzi tub & large shower. *Extremely Bright* 6 skylights. All rms/area have sep music sys controlled by pc/ipod/ipad; Wired 4 Satellite/Cbl/Internet. Dual heat sources – 1) radiant (gas) 2)ductless heat/AC (elect). 80 energy rating!! Structure is over-engineered. Mortgage helper can bring $3,000/month! All meas approx. Buyer to verify if important. 2/5/10 warranty. 4bd Suite Below has sep address: 29 W 17th & Sep meter!
“LUXURY Monster Home” – you realize that this isn’t something positive, right? “NO GST!” – it’s 3 years old, why is this a useful comment? “Structure is over-engineered” – again, not really a good thing to say. Tons and tons of abbreviations. Richard Morrison, this is a fail
#7 ) Address:1761 OTTAWA AV, Ambleside, West Vancouver
March 18, 2013
V996252
$2,600,000
$0
0%
June 07, 2013
V996252
$2,195,000
$-405,000
-16%
October 30, 2013
V996252
removed after 226 days
November 03, 2013
V1034441
$2,195,000
$-405,000
-16%
April 17, 2014
V1034441
$1,988,000
$-612,000
-24%
Current Days on Market: 400 (1.10years)
Current ‘Official’ Days on Market: 170
2013 Assessment: $2,154,400
Desperation Score: 20.3
A fabulous estate property, .84 of an acre, situated in the heart of Ambleside. A 50′s Ron Thom style home sits in amongst the towering trees and beside a gorgeous creek, creating a wonderful completely private estate setting. The one level2900 sqft home features a magnificent living area with high ceilings, floor to ceiling windows and an impressive fireplace taking up one wall. Very seldom do large estate properties like this come available in Ambleside. This offers a wonderful opportunity to build your estate home or renovate the existing one.
Large ambleside lot almost $200K below assessment
#6 ) Address:4047 WILLIAM ST, Willingdon Heights, Burnaby
April 02, 2012
V940692
$2,388,888
$0
0%
June 01, 2012
V940692
$2,268,000
$-120,888
-5%
June 30, 2012
V940692
removed after 89 days
July 13, 2012
V961689
$2,088,888
$-300,000
-13%
August 01, 2012
V961689
removed after 19 days
November 15, 2012
V980153
$1,899,800
$-489,088
-20%
February 16, 2013
V980153
removed after 93 days
March 27, 2013
V997541
$1,899,800
$-489,088
-20%
June 25, 2013
V997541
removed after 90 days
September 07, 2013
V1025448
$1,898,888
$-490,000
-21%
October 11, 2013
V1025448
$1,838,800
$-550,088
-23%
November 29, 2013
V1025448
removed after 83 days
April 17, 2014
V1058491
$1,798,888
$-590,000
-25%
Current Days on Market: 750 (2.05years)
Current ‘Official’ Days on Market: 5
2013 Assessment: $1,285,000
Desperation Score: 17.1
Gorgeous 3 storey craftsman home! Beautiful views from the South, West & North. This home is built w/high quality tile & H/W floors. An open concept kitch w/large island & eating area covered w/granite countertops. The kitch appliances are commercial grade (Sub Zero Fridge, 2 Meile D/W & Thermador 48″ Gas Stove). Just off the kitch is a beautiful outdoor patio w/built in natural gas for BBQ & patio heaters. Rounded staircase w/iron & wood railing leading u upstairs to 3 bedrooms, all w/private baths. The Mbdrm features a large walk in shower w/Jacuzzi tub & covered deck w/a view of downtown. The bsmt offers living quarters w/separate entry & alarm. Beautiful stone face ext w/natural rock stucco. Built by well known Italian builder.
Listed for over 2 years and still 40% over assessment although assessment does seem very low compared to similar Burnaby homes
#5 ) Address:9131 DOLPHIN AV, Garden City, Richmond
October 25, 2007
V675117
$969,000
$0
0%
November 22, 2007
V675117
removed after 28 days
June 13, 2010
V835925
$1,498,000
$0
0%
December 08, 2010
V835925
removed after 178 days
December 19, 2010
V861338
$1,498,000
$0
0%
January 25, 2011
V861338
$1,580,000
$0
0%
March 22, 2011
V861338
removed after 93 days
January 30, 2013
V987749
$2,280,000
$0
0%
February 23, 2013
V987749
$1,780,000
$-500,000
-22%
July 25, 2013
V987749
removed after 176 days
July 29, 2013
V1019860
$1,750,000
$-530,000
-23%
December 28, 2013
V1019860
removed after 152 days
January 16, 2014
V1039942
$1,750,000
$-530,000
-23%
April 14, 2014
V1039942
removed after 88 days
April 16, 2014
V1058459
$1,700,000
$-580,000
-25%
Current Days on Market: 447 (1.22years)
Current ‘Official’ Days on Market: 6
2013 Assessment: Unknown
2012 Assessment: Unknown
2011 Assessment: $1,097,000
2011 Last Sale: $1,538,000 on 07/Mar/2011
Total Profit IF sold for list price: 86,960 transaction costs and 162,000 profit on sale = Profit of 75,040
Desperation Score: 20.3
Wow! Rare available city centre Mansion house, 74×143.5 feet, over 10656 SF lot, only land value already worth the asking price. Plus 23 years young 4000 SF custom built house by famous architect. Total 5 bedroom, 5 bathrooms. Spiral stairs leading to the upper level. Both inside & outside house are total renovation in year 2012. 3 covered car garage, walking distance to shopping mall, all level schools & public transit. Park view available, huge back yard, covered patio is suitable for entertaining friends. This is your dream house, move in today.
“Wow! Rare available city centre Mansion house”, “only land value already worth the asking price. “, “Both inside & outside house are total renovation in year 2012″. Wiseman Ni (yes he named himself Wiseman), terrible description
#4 ) Address:115 MOUNTAIN DR, Lions Bay, West Vancouver
May 04, 2013
V1005028
$950,000
$0
0%
June 28, 2013
V1005028
$989,800
$0
0%
July 06, 2013
V1005028
$898,800
$-91,000
-9%
August 07, 2013
V1005028
removed after 95 days
September 14, 2013
V1026824
$868,900
$-120,900
-12%
October 14, 2013
V1026824
$832,900
$-156,900
-16%
November 15, 2013
V1026824
$799,900
$-189,900
-19%
December 09, 2013
V1026824
removed after 86 days
December 13, 2013
V1038794
$799,900
$-189,900
-19%
February 05, 2014
V1038794
$775,900
$-213,900
-22%
March 12, 2014
V1038794
removed after 89 days
March 17, 2014
V1052745
$752,900
$-236,900
-24%
April 15, 2014
V1052745
$729,900
$-259,900
-26%
Current Days on Market: 353 (0.97years)
Current ‘Official’ Days on Market: 36
2013 Assessment: $837,000
Desperation Score: 39.4
Enjoy the ocean view from this contemporary home nestled on huge private lot. 4 bedrooms, 3 baths, two wood burning fireplaces, good size kitchen with centre island, sunken living room. Great investment with a little updating, call today to view.
Almost 15% below assessment
#3 ) Address:585 SOUTHBOROUGH DR, British Properties, West Vancouver
October 06, 2006
V614690
$1,570,000
$0
0%
February 06, 2007
V614690
$1,470,000
$-100,000
-6%
February 22, 2007
V614690
removed after 139 days
February 24, 2010
V811084
$1,490,000
$-80,000
-5%
March 08, 2010
V811084
removed after 12 days
May 07, 2012
V948191
$9,988,000
$0
0%
July 31, 2012
V948191
$8,680,000
$-1,308,000
-13%
October 03, 2012
V948191
removed after 149 days
October 05, 2012
V975284
$8,280,000
$-1,708,000
-17%
November 21, 2012
V975284
removed after 47 days
September 12, 2013
V1026204
$7,280,000
$-2,708,000
-27%
November 15, 2013
V1026204
$6,980,000
$-3,008,000
-30%
April 01, 2014
V1026204
removed after 201 days
April 16, 2014
V1058204
$6,880,000
$-3,108,000
-31%
Current Days on Market: 222 (0.61years)
Current ‘Official’ Days on Market: 6
2013 Assessment: $5,530,000
Desperation Score: 18.6
The one and only kind of Architectural concept in W Vancouver. A contemporary design – private courtyard that surounded dwelling spaces. This elegant home situated in prestigious lower British Properties, grand foyer, total 7 bedrooms and 7 bathrooms, 2 dens, office, library, piano lounge, gym, media room, gallery hallway, highest quality finished with wood panel, radiant heated floor (German Heated system) Private outdoor easy park 16 cars. Park like garden. Pleasure to show.
“The one and only kind of Architectural concept in W Vancouver.” What does this even mean?!?!?!?!?!? “private courtyard that surounded dwelling spaces.” – huhhhh?!?!?! Most of these listing descriptions in the top 10 are complete garbage. Edith Chan, this is a $10 million dollar house err I mean $6.9 million dollar house you are trying to sell. How about getting some grade 7 kids to proof read this before posting. Maybe you can give them a cut of your $200K commission…
#2 ) Address:4626 DUNBAR ST, Dunbar, Vancouver West
April 03, 2011
V879744
$1,500,000
$0
0%
April 20, 2011
V879744
removed after 17 days
October 19, 2011
V916262
$2,388,000
$0
0%
November 22, 2011
V916262
$2,200,000
$-188,000
-8%
February 10, 2012
V916262
removed after 114 days
April 18, 2013
V1001797
$1,880,000
$-508,000
-21%
February 25, 2014
V1001797
removed after 313 days
March 05, 2014
V1050154
$1,690,000
$-698,000
-29%
April 15, 2014
V1050154
$1,640,000
$-748,000
-31%
Current Days on Market: 369 (1.01years)
Current ‘Official’ Days on Market: 48
2013 Assessment: $1,443,900
2011 Assessment: $1,355,000
Desperation Score: 20.9
Fabulous value in this beautiful early century 5 bedroom, 3 bathroom character home sitting on a large 46×120 lot. Your new home has three levels, recently and tastefully updated, providing over 2000 sf of living area. Excellent east facing back yard for breakfasts, barbecues and your veggie garden. Great location with high walkability score: Dunbar Community Centre, restaurants, Dunbar Theatre, shopping. And best yet, blocks to Pacific Spirit park, St. Georges, and UBC. View photos online and call for showings schedule.
#1 ) Address:3590 W 30TH AV, Dunbar, Vancouver West
October 19, 2011
V916250
$2,750,000
$0
0%
November 22, 2011
V916250
$2,500,000
$-250,000
-9%
April 04, 2012
V916250
removed after 168 days
April 18, 2013
V1001798
$2,088,000
$-662,000
-24%
May 25, 2013
V1001798
$1,980,000
$-770,000
-28%
February 25, 2014
V1001798
removed after 313 days
March 05, 2014
V1050148
$1,790,000
$-960,000
-35%
April 14, 2014
V1050148
$1,640,000
$-1,110,000
-40%
April 15, 2014
V1050148
$1,690,000
$-1,060,000
-39%
Current Days on Market: 369 (1.01years)
Current ‘Official’ Days on Market: 48
2013 Assessment: $1,608,000
2012 Assessment: $1,454,000
2011 Assessment: $1,506,000
Desperation Score: 29.4
Large Vancouver Special with 5 bedroom, 3 bathrooms and over 2900 sf of finished area on two floors. Perfect southwest 48×120 corner lot in prime Dunbar neighbourhood. Renovate this large home and enjoy one of Vancouver’s finest neighbourhoods. Walk to Dunbar strip caf?s, restaurants, boutique stores. Blocks to Pacific Spirit Park, UBC, and St. Georges School. It’s the perfect location in a prime neighbourhood. View photos online and call for a private showing.
Hit #2 spot last week on the 14th but apparently that wasn’t the price they wanted so they raised it $50K a day later. No difference, it isn’t selling