2014-05-13

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.

Richmond has 5 entries in the list this week

#10 ) Address:179 FURRY CREEK DR, Furry Creek, West Vancouver

May 11, 2012

V949515

$1,980,000

$0

0%

May 30, 2013

V949515

removed after 384 days

June 29, 2013

V1015194

$1,628,000

$-352,000

-18%

May 08, 2014

V1015194

$1,500,000

$-480,000

-24%

 



Current Days on Market: 732 (2.01years)

Current ‘Official’ Days on Market: 318
2013 Assessment: $1,394,000
Desperation Score: 15.7

Villa Kulangsu, a most unique landmark home at Furry Creek. Built w the finest materials: limestone floors, edge grain Fir window frames & trim. This home captures the Howe Sound experience from ocean to snow-capped mountains & glaciers. Designed by renowned architect Fook Weng Chan in a half-moon style, the home has been featured in the TV series Amazing Vacation Homes & Western Living magazine. Sky-lit foyer w slate floor, stone faced FP, open plan living rm & wall of windows. You will simply be awestruck by the panoramic views. 2 Ensuite guest beds + top floor master retreat, 4pc Ensuite & a rooftop deck. Below a custom spa built into rock. The architecture is dramatic, private, serene & respects nature & Feng Shui principles

“Feng Shui principles”

#9 ) Address:475 NEWLANDS RD, Cedardale, West Vancouver

August 11, 2011

V904361

$1,680,000

$0

0%

November 28, 2011

V904361

removed after 109 days

April 12, 2013

V1000617

$1,388,000

$-292,000

-17%

June 15, 2013

V1000617

$1,298,000

$-382,000

-23%

August 10, 2013

V1000617

$1,268,000

$-412,000

-25%

October 17, 2013

V1000617

removed after 188 days

October 23, 2013

V1032843

$1,268,000

$-412,000

-25%

May 06, 2014

V1032843

removed after 195 days

May 10, 2014

V1063007

$1,268,000

$-412,000

-25%

 



Current Days on Market: 396 (1.08years)

Current ‘Official’ Days on Market: 3
2013 Assessment: $1,240,900
Desperation Score: 19.8

A well kept 5 BR slit-level home featuring: updated kitchen, granite counter tops, wood floors in L/R and D/R; master bedroom with full enste bath; Dining room opens to a large covered side patio/ BBQ area and beautiful back garden. House sitting on a beautiful cul-de-sac lot of 12,399 sq ft with some fruit trees and lush mature landscape. Basement has a nice rec room and also can be easily changed to a nanny suite. A perfect location and easy access to great schools, Park Royal Shopping Centers, Ambleside Beach and amenities. Well priced for your showing, hurry.

“Well priced for your showing, hurry.” – listed at same price for almost a year

#8 ) Address:8311 DALEMORE RD, Seafair, Richmond

January 24, 2008

V684922

$668,000

$0

0%

February 09, 2008

V684922

$638,000

$-30,000

-4%

March 07, 2008

V684922

removed after 43 days

July 09, 2011

V898916

$1,098,000

$0

0%

July 29, 2011

V898916

$998,000

$-100,000

-9%

November 01, 2011

V898916

removed after 115 days

March 16, 2012

V937524

$938,800

$-159,200

-14%

May 17, 2012

V937524

$899,900

$-198,100

-18%

September 16, 2012

V937524

removed after 184 days

January 27, 2014

V1043543

$839,900

$-258,100

-24%

May 10, 2014

V1043543

$819,900

$-278,100

-25%

 



Current Days on Market: 106 (0.29years)

Current ‘Official’ Days on Market: 106
2013 Assessment: $950,300
2011 Assessment: $1,128,300
Desperation Score: 11.6

4 bedroom, 2 full bath home on big 9,359 sq. ft. SW pie-shaped lot in Seafair. Open plan on main offers free flow between living, dining and kitchen areas. Recently renovated kitchen: granite countertops and food island with cooktop; ceramic backsplash; S/S appliances and tiled floor. Deluxe main bath: jetted tub with stone tile surround, double sinks with granite countertop, electric fireplace and hi-end Japanese toilet. Full bath down off bedroom. Elegant tiled fioor. Newly refinished cedar sundeck off kitchen with stairs down to large patio in backyard garden. Front yard balcony off living room to take inthe morning sun. Wonderful home with the artist in mind: loads of light, rich oak floorings, open and serene.

“Elegant tiled fioor”  “Wonderful home with the artist in mind” – nothing like a sentence that alienates most potential buyers who are not artists.  Assessment down 15% in 2 years

#7 ) Address:2233 CHESTERFIELD AV, Central Lonsdale, North Vancouver

September 12, 2010

V849791

$739,000

$0

0%

June 20, 2011

V849791

removed after 281 days

August 17, 2013

V1022627

$589,000

$-150,000

-20%

February 28, 2014

V1022627

removed after 195 days

April 09, 2014

V1056736

$599,000

$-140,000

-19%

April 24, 2014

V1056736

$569,000

$-170,000

-23%

May 10, 2014

V1056736

$539,000

$-200,000

-27%

 

Current Days on Market: 269 (0.74years)

Current ‘Official’ Days on Market: 34
2013 Assessment: $603,000
Desperation Score: 26.6

Your very own private sanctuary. this Beautiful 1 bedroom craftsman style home sits in front of your very own park like setting with trees and a creek. Lavishly finished with slate, granite and high end finishing’s, this home caters to the all tastes. The home is situated minutes from downtown Lonsdale so call Sam to book a viewing.

“this home caters to the all tastes”

#6 ) Address:8251 FAIRDELL CR, Seafair, Richmond

March 08, 2013

V994557

$2,398,000

$0

0%

March 27, 2013

V994557

$1,988,800

$-409,200

-17%

May 10, 2013

V994557

removed after 63 days

June 07, 2013

V1010976

$1,820,000

$-578,000

-24%

November 27, 2013

V1010976

$1,698,000

$-700,000

-29%

January 04, 2014

V1010976

removed after 211 days

January 31, 2014

V1044299

$1,738,000

$-660,000

-28%

May 01, 2014

V1044299

removed after 90 days

May 10, 2014

V1063257

$1,738,000

$-660,000

-28%

 

Current Days on Market: 431 (1.18years)

Current ‘Official’ Days on Market: 3
2013 Assessment: $1,614,000
2011 Assessment: Building Unfinished at time of assessment
Desperation Score: 25.0

Best street in Seafair area. Walking distance to the dyke, school and public transit. Contemporary designed home with stunning views of the water and mountains. Italian wood flooring, tiles and solid wood door; unique lighting throughout the house; high efficiency furnace. Dream kitchen with quartz counter top. Patio with ocean view. Don’t miss the opportunity to own a fabulous house!

Still listed higher than it was late last year

#5 ) Address:3451 PACEMORE AV, Seafair, Richmond

March 05, 2011

V873442

$1,380,000

$0

0%

March 22, 2011

V873442

removed after 17 days

May 10, 2014

V1063044

$998,000

$-382,000

-28%

 

Current Days on Market: 3 (0.01years)

Current ‘Official’ Days on Market: 3
2013 Assessment: $982,800
2011 Assessment: $1,058,500
Desperation Score: 17.3

Excellent opportunity to acquire a prime Seafair building lot in West Richmond. At 9088 square feet, this is the largest lot on the block, in an area with many new homes. A central location close to Seafair Mall, recreation and transit, near to Steveston and a 5 minute walk to the dyke. Walk to French Immersion Gilmore Elementary and Hugh Boyd IB Secondary School. Offering views of the North Shore Mountains from the back deck. With some TLC, this could be a great 6 bedroom family home with hardwood floors, large kitchen with gas stove, gas fireplace in the living room and vinyl double glazed windows with UV protection. Renovate or rebuild in this great area.

Based on the previous listing lasting only 17 days I’m guessing this sold for over $1.3 million in 2011 and now listed under $1 million

#4 ) Address:2491 W KING EDWARD AV, Arbutus, Vancouver West

March 11, 2010

V814072

$1,368,000

$0

0%

March 23, 2010

V814072

$1,338,000

$-30,000

-2%

March 29, 2010

V814072

removed after 18 days

October 15, 2011

V915722

$3,860,000

$0

0%

November 19, 2011

V915722

$3,488,000

$-372,000

-10%

January 12, 2012

V915722

removed after 89 days

January 19, 2012

V926419

$3,486,000

$-374,000

-10%

February 04, 2012

V926419

$3,389,000

$-471,000

-12%

August 01, 2012

V926419

removed after 195 days

January 27, 2014

V1043257

$3,160,000

$-700,000

-18%

February 19, 2014

V1043257

$3,060,000

$-800,000

-21%

March 24, 2014

V1043257

$2,980,000

$-880,000

-23%

April 14, 2014

V1043257

$2,880,000

$-980,000

-25%

May 01, 2014

V1043257

removed after 94 days

May 04, 2014

V1061972

$2,880,000

$-980,000

-25%

May 10, 2014

V1061972

$2,780,000

$-1,080,000

-28%

 

Current Days on Market: 106 (0.29years)

Current ‘Official’ Days on Market: 9
2013 Assessment: $2,876,000
2011 Assessment: $2,982,000
Desperation Score: 30.9

Open house at 2-4pm on Sunday May 11, 2014

Sarina Han still not bothering with silly things like descriptions.  Now down almost $1.1 million and below assessment

#3 ) Address:9811 PINEWELL CR, Saunders, Richmond

December 12, 2011

V922180

$3,488,000

$0

0%

January 14, 2012

V922180

$3,288,000

$-200,000

-6%

February 02, 2012

V922180

$3,198,800

$-289,200

-8%

February 16, 2012

V922180

removed after 66 days

March 07, 2012

V935676

$3,158,800

$-329,200

-9%

April 17, 2012

V935676

$2,998,800

$-489,200

-14%

June 26, 2012

V935676

removed after 111 days

August 19, 2012

V967189

$2,888,000

$-600,000

-17%

September 22, 2012

V967189

$2,853,888

$-634,112

-18%

October 17, 2012

V967189

$2,788,000

$-700,000

-20%

November 06, 2012

V967189

removed after 79 days

January 13, 2013

V984851

$2,778,000

$-710,000

-20%

February 21, 2013

V984851

$2,658,000

$-830,000

-24%

August 09, 2013

V984851

removed after 208 days

September 30, 2013

V1029684

$2,658,000

$-830,000

-24%

November 07, 2013

V1029684

$2,588,000

$-900,000

-26%

December 28, 2013

V1029684

removed after 89 days

January 19, 2014

V1042624

$2,588,000

$-900,000

-26%

February 21, 2014

V1042624

$2,498,000

$-990,000

-28%

March 18, 2014

V1042624

$2,387,500

$-1,100,500

-32%

April 08, 2014

V1042624

$2,500,000

$-988,000

-28%

May 08, 2014

V1042624

$2,387,500

$-1,100,500

-32%

 

Current Days on Market: 883 (2.42years)

Current ‘Official’ Days on Market: 114
2013 Assessment: $1,749,000
Desperation Score: 32.3

SPECTACULAR HOME ON HUGE LOT. Best value for this size house/lot in Richmond. Granite, hardwood, high end appliances – everything you would expect and more. Grand entrance with crystal chandelier. 18 ft ceilings, crown moulding, heat recovery and air conditioning. 6 bedrooms total, 5 with ensuites. LEGAL 2 bedroom suite with own patio. Triple garage and lots more open parking for RV and boat. This house has it all – truly a must see!

Weird, the price increase did not work.  Still a long way to go for this one

#2 ) Address:8520 SIDAWAY RD, East Richmond, Richmond

March 29, 2013

V997758

$2,500,000

$0

0%

September 30, 2013

V997758

removed after 185 days

October 06, 2013

V1030735

$2,250,000

$-250,000

-10%

February 05, 2014

V1030735

$1,999,000

$-501,000

-20%

March 13, 2014

V1030735

$1,799,000

$-701,000

-28%

May 08, 2014

V1030735

$1,688,000

$-812,000

-32%

 

Current Days on Market: 410 (1.12years)

Current ‘Official’ Days on Market: 219
2013 Assessment: Assessment: Farm Land
Desperation Score: 31.4

Ideal 2 Acres beautiful and rarely on the market land, which you can either hold as investment or to build a dream home with no blocked mountain view!!! Rarely found this kind of clean land, no poll around. This is the top land in Richmond area. You can build up to 10.000 Sf of luxury home only can see in the Hollywood Movie, you could have your truck, boat, trailer all fit in this mansion! First time ever on the market for sale!

“no poll around” – I think they are referring to pollution but maybe Lay La Yang should spell it out for dumb people like me.  “You can build up to 10.000 Sf of luxury home only can see in the Hollywood Movie”, “you could have your truck, boat, trailer all fit in this mansion!”, “First time ever on the market for sale!” – except for all of last year.  Lay La Wang wins crappy listing of the week even beating out a property with no description!  Good for you!

#1 ) Address:1518 LAURIER AV, Shaughnessy, Vancouver West

October 06, 2006

V597021

$1,569,000

$0

0%

January 26, 2007

V597021

removed after 112 days

March 19, 2008

V695559

$2,798,000

$0

0%

April 16, 2008

V695559

$2,988,000

$0

0%

April 24, 2008

V695559

removed after 36 days

May 17, 2008

V709362

$2,798,000

$-190,000

-6%

June 04, 2008

V709362

$2,725,000

$-263,000

-9%

June 10, 2008

V709362

$2,699,000

$-289,000

-10%

June 19, 2008

V709362

$2,599,000

$-389,000

-13%

August 02, 2008

V709362

$2,798,000

$-190,000

-6%

September 12, 2008

V709362

removed after 118 days

October 05, 2008

V737736

$3,800,000

$0

0%

February 15, 2009

V737736

$3,400,800

$-399,200

-11%

March 10, 2009

V737736

removed after 156 days

March 25, 2009

V758271

$3,388,000

$-412,000

-11%

April 15, 2009

V758271

$3,199,000

$-601,000

-16%

April 21, 2009

V758271

removed after 27 days

April 29, 2009

V763612

$3,199,000

$-601,000

-16%

June 02, 2009

V763612

removed after 34 days

June 04, 2009

V769847

$2,698,000

$-1,102,000

-29%

June 19, 2009

V769847

$2,498,000

$-1,302,000

-34%

September 01, 2009

V769847

$2,100,000

$-1,700,000

-45%

September 03, 2009

V769847

$2,200,000

$-1,600,000

-42%

October 01, 2009

V769847

removed after 119 days

October 08, 2009

V791744

$2,599,900

$-1,200,100

-32%

November 13, 2009

V791744

$2,380,000

$-1,420,000

-37%

March 16, 2010

V791744

removed after 159 days

March 18, 2010

V815825

$1,788,000

$-2,012,000

-53%

July 01, 2010

V815825

removed after 105 days

August 11, 2010

V845450

$1,659,000

$-2,141,000

-56%

September 18, 2010

V845450

$1,388,999

$-2,411,001

-63%

November 07, 2010

V845450

removed after 88 days

December 18, 2010

V861291

$1,888,000

$-1,912,000

-50%

December 21, 2010

V861291

removed after 3 days

May 15, 2011

V888551

$2,388,000

$-1,412,000

-37%

May 19, 2011

V888551

$2,988,000

$-812,000

-21%

August 06, 2011

V888551

$3,098,888

$-701,112

-18%

August 31, 2011

V888551

removed after 108 days

October 07, 2011

V914524

$3,198,888

$-601,112

-16%

November 02, 2011

V914524

$3,098,800

$-701,200

-18%

January 16, 2012

V914524

removed after 101 days

January 20, 2012

V926710

$3,388,000

$-412,000

-11%

March 27, 2012

V926710

$3,168,000

$-632,000

-17%

May 01, 2012

V926710

removed after 102 days

May 24, 2012

V951913

$3,388,000

$-412,000

-11%

June 09, 2012

V951913

$3,238,000

$-562,000

-15%

September 22, 2012

V951913

$2,999,999

$-800,001

-21%

November 19, 2012

V951913

removed after 179 days

January 04, 2013

V983339

$2,980,000

$-820,000

-22%

October 30, 2013

V983339

removed after 299 days

May 08, 2014

V1062496

$2,380,000

$-1,420,000

-37%

 

Current Days on Market: 5 (0.01years)

Current ‘Official’ Days on Market: 5
2013 Assessment: $2,391,100
2011 Assessment: $2,641,100
Desperation Score: 18.1

Best value in First Shaughnessy District. Prime 13,200 sq ft lot at the corner of Laurier Avenue & Granville Street. A potential beautiful home awaits your action. No need to wait for 2 years and go through a long and arduous process; plans approved by the city and building permit is ready to go – all can be obtained at buyer’s costs. House buildable area is 5,900 sq ft (living area of 5,380 sq. ft. and a detached 3 car garage of 580 sq. ft). Close by Shaughnessy Elementary, Little Flower Academy, York House & South Granville shops and eateries. Call for information package. Offer presentation by 2pm May 13th, 2014.

 This home has a crazy past including drugs, multiple arson’s, murder and intrigue

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