Chip Wilson's Point Grey property in Vancouver is now valued at $81M
It’s no secret that Vancouver has some expensive houses, and as the years go by, they just keep getting pricier.
BC Assessment just shared its latest numbers, and — spoiler alert — there’s a lot of expensive real estate in the province. The most expensive properties went up in value to the tune of millions, including Chip Wilson‘s famous property in Kitsilano.
“For the Lower Mainland region, the overall total assessments have increased from about $1.94 trillion in 2023 to nearly $2 trillion this year. Almost $27.2 billion of the region’s updated assessments is from new construction, subdivisions, and the rezoning of properties. BC Assessment’s Lower Mainland region includes all of Greater Vancouver, the Fraser Valley, as well as the Sea to Sky area and the Sunshine Coast,” says BC Assessment.
2024 property assessments are out. Check out yours and compare to your neighbours/neighbourhood at https://t.co/M1pysFPnvO
Have questions? Contact us: https://t.co/cCfWdM3GL1 pic.twitter.com/hRymZ02WSq
ā BC Assessment (@bcassessment) January 2, 2024
Here’s a list of the top three priciest houses in the city.
1. 3085 Point Grey Road, Vancouver
Google Maps/BC Assessment
- 2024 value: $81,765,000
- 2023 value: $74,089,000
lululemon founder Chip Wilson’s iconic waterfront property continues to be the most expensive house in the province. From 2023 to 2024, he saw a modest increase in home value of $7 million. This year’s assessed value is $81 million, up from $74 million last year.
2. 4707 Belmont Avenue, Vancouver
- 2024 value: $70,415,000
- 2023 value: $66,964,000
3. 4743 Belmont Avenue, Vancouver
- 2024 value: $43,688,000
- 2023 value: $42,257,000
The last home that cracked the top three appears fairly modest from the front, but it has nine bedrooms and two bathrooms and sits on .663 acres of land.
What do you think of the 2024 BC Assessment list of the most expensive homes in Vancouver?
Let us know in the comments.