The Vancouver home of Lululemon founder Chip Wilson is now worth almost $67 million, making it the priciest property in BC.
That’s according to the latest report from BC Assessment, which assessed the property at 3085 Point Grey Road at $66.8 million.
At 15,694 square feet, the seven-bedroom, nine-bathroom home was built on its waterfront lot in 2008.
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This year’s assessment on the home is an increase from last year, which saw the property assessed at $64.9 million.
It’s still a drop however, from the 2018 assessment, which saw the home assessed at $78.8 million, making it the priciest property in BC at the time.
In the next few days, owners of more than 1,056,000 properties throughout the Lower Mainland can expect to receive their 2021 assessment notices, reflecting market values as of July 1, 2020.
“Despite COVID-19, the Lower Mainland residential real estate market has been resilient,” said BC Assessment Deputy Assessor Bryan Murao. “For the most part, homeowners can expect relatively moderate increases in value.”