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-   -   Buy a house...get a tank (http://www.canreef.com/vbulletin/showthread.php?t=81642)

SeaHorse_Fanatic 01-03-2012 07:22 PM

Ten - twenty years ago, very few homes in the Lower Mainland were priced at $1,000,000 plus. Over the last 7 years, million dollar homes became commonplace, not because they are actually worth anything close to that but simply because of the market (lots of overseas buyers), the Olympics, the climate, etc. The median price for a home in the Greater Vancouver region is $623,000 (up 7% in the last year), whereas you can buy homes for a fraction of that in other parts of the country without selling off your first born:twised:

Nice looking house but my parents bought their place in Vancouver (not suburb of Coquitlam) for $700000 with the same square footage back in 2001. Their latest assessment is well over a million now.

parkinsn 01-03-2012 07:26 PM

Quote:

Originally Posted by SeaHorse_Fanatic (Post 667353)
Ten - twenty years ago, very few homes in the Lower Mainland were priced at $1,000,000 plus. Over the last 7 years, million dollar homes became commonplace, not because they are actually worth anything close to that but simply because of the market (lots of overseas buyers), the Olympics, the climate, THE RIOTS etc

You missed one..... :biggrin:

MarkoD 01-03-2012 07:42 PM

Quote:

Originally Posted by SeaHorse_Fanatic (Post 667353)
Ten - twenty years ago, very few homes in the Lower Mainland were priced at $1,000,000 plus. Over the last 7 years, million dollar homes became commonplace, not because they are actually worth anything close to that but simply because of the market (lots of overseas buyers), the Olympics, the climate, etc. The median price for a home in the Greater Vancouver region is $623,000 (up 7% in the last year), whereas you can buy homes for a fraction of that in other parts of the country without selling off your first born:twised:

Nice looking house but my parents bought their place in Vancouver (not suburb of Coquitlam) for $700000 with the same square footage back in 2001. Their latest assessment is well over a million now.

A house that size in Edmonton would go for a lot more and the climate here sucks, theres no mountains or beaches here and the hockey team keeps losing (could be a legit reason not to wanna live here)

globaldesigns 01-03-2012 07:46 PM

Very nice house!

One day I will be building my last home, would love to have someone tell me how much with the tank, but that won't happen. One can cross fingers though.

I am hating the thoughts of moving my system when the time comes. Already figured that I would have to sell all contents, slowing dismantle and dry things out. Plan this months in advance, so when the time comes, I can pay some good folks to do the move for me.

Or

Own 2 houses for a bit, build a new system in the new house, transfer everything, then sell the old system

Again, I dread the thought, but have spent some time, figuring out what to do. NOT FUN!!!

MarkoD 01-03-2012 09:11 PM

Quote:

Originally Posted by globaldesigns (Post 667373)
Very nice house!

One day I will be building my last home, would love to have someone tell me how much with the tank, but that won't happen. One can cross fingers though.

I am hating the thoughts of moving my system when the time comes. Already figured that I would have to sell all contents, slowing dismantle and dry things out. Plan this months in advance, so when the time comes, I can pay some good folks to do the move for me.

Or

Own 2 houses for a bit, build a new system in the new house, transfer everything, then sell the old system

Again, I dread the thought, but have spent some time, figuring out what to do. NOT FUN!!!

Or just get a teleportation device. Duh

fishytime 01-04-2012 02:36 AM

1/2 a duplex near the downtown core can be a million here in Calgary:neutral:

scherzo 01-04-2012 03:31 AM

Just to put things in perspective for Calgarians and Edmontonians... (sp?? My apologies)... This house is about 35-45 minutes away from downtown Vancouver.

I live in a house just down the hill from this one and is 1/2 the size. A house this size in Vancouver could reach the 3-4 million range... A friend was looking at a house in Vancouver 10 minutes away from downtown.... 2500 square foot for 2 million... Or 2.2 million... Give or take!!!

This city is CRAZY expensive....

fkshiu 01-04-2012 03:52 AM

Quote:

Originally Posted by scherzo (Post 667537)
Just to put things in perspective for Calgarians and Edmontonians... (sp?? My apologies)... This house is about 35-45 minutes away from downtown Vancouver.

I live in a house just down the hill from this one and is 1/2 the size. A house this size in Vancouver could reach the 3-4 million range... A friend was looking at a house in Vancouver 10 minutes away from downtown.... 2500 square foot for 2 million... Or 2.2 million... Give or take!!!

This city is CRAZY expensive....

Bingo. This house is in the boonies and up a mountain. A house in Vancouver proper like this goes for about 2 million in east Vancouver and easily close to 3 million or more on the west side. Your average east side former grow-op/crack shack can go for 750K on land value alone.

patd 01-04-2012 04:10 AM

In Westwood Plateau, over 4000 sq ft backing on to the golf course and only 1M ?? Seems awfully low to me.
My friend's place in Westwood Plateau was just over 3500 sq ft with smaller lot and sold for 1.6M a month ago......and it didn't have a nice tank like that one does!


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