Channels
× Select City
×
×
×
News

Another Vancouver home sells for $1 million over asking price

D8d194f40cb13417f79d4d8daee34fdb?s=96&d=mm&r=g
DH Vancouver Staff Apr 07, 2016 9:16 am

As real estate prices continue to climb in Vancouver, it’s hardly surprising that another home sold for $1 million over its asking price within a month.

The most recent, a post-war house that was built in 1945, was listed for $3.2 million and sold for a cool $4.2 million. The 3,100 square foot home has hardwood floors, two fireplaces, four bedrooms, three bathrooms, and a water and mountain view.

The home on West 19th Avenue near Dunbar Street sits on a 5,360 square foot, 44′ x 120′ lot and includes a wine cellar and unauthorized suite.

Early in March, a home in Point Grey described as a “teardown” sold for $1 million over its asking price. Another home in Kitsilano sold for $735,000 over its asking price in February as well.

Demand far outstrips supply in Vancouver, according to a new report from Royal LePage, causing escalating home prices and constant bidding wars. The average price of a detached bungalow in Metro Vancouver has reached $1.1 million.

Image: The Residential Group Realty

Image: Elementom

Image: The Residential Group Realty

Image: Elementom

Image: The Residential Group Realty

Image: Elementom

Image: The Residential Group Realty

Image: Elementom

Image: The Residential Group Realty

Image: Elementom

Image: The Residential Group Realty

Image: Elementom

Image: The Residential Group Realty

Image: Elementom 

Image: The Residential Group Realty

Image: Elementom

Dh newsletter logo

Get direct access to our top weekly content, contests, and perks.


D8d194f40cb13417f79d4d8daee34fdb?s=96&d=mm&r=g
DH Vancouver Staff
Daily Hive is the evolution of Vancity Buzz, established in Vancouver in 2008. In 2016, the publication rebranded and opened newsrooms in Calgary, Toronto, and Montreal. Send story tips to [email protected]

© 2018 Buzz Connected Media Inc.