Tight second bedroom undercuts asking price in Vancouver condo deal

Tight second bedroom undercuts asking price in Vancouver condo deal

Stilhavn Authentic Estate Solutions

405 Skeena St., No. 205, Vancouver

Inquiring rate: $699,000 (April 8, 2022)

Advertising selling price: $670,000 (June 3, 2022)

Past advertising charges: $650,000 (2018) $460,000 (2016) $296,900 (2009)

Days on market place: 52

Month-to-month upkeep payment: $473.61

Taxes: $1,575.23 (2022)

Listing agent: Cheryl Davie, Stilhavn Real Estate Expert services


The action

The sellers had been a younger family members transferring to a greater house. They acquired one offer you from another younger spouse and children, reported the listing agent, Cheryl Davie. The comments was combined. Some viewers identified the second bed room much too compact some others appreciated that the unit was on the peaceful aspect, and not throughout from the fuel station.

“Feedback was that the device was great but that the format did not function for all people,” Ms. Davie reported.

The condominium is a 802-sq.-foot, two-bedroom, two-toilet device with den.Stilhavn Real Estate Services

What they bought

This 802-square-foot, two-bedroom, two-bathroom unit with den is positioned in the Hastings Sunrise neighbourhood, just off East Hastings Road.

Built in 2009, the setting up has a gym and is pet and rental helpful and walkable to shops and parks. There is a gas station across the street.

The device is on the silent facet of the setting up and has a tiny balcony and stacked laundry. It’s been up to date with contemporary paint, new wide plank flooring and personalized constructed cupboards.

The agent’s acquire

Most entry amount condos in Vancouver are still providing with multiple offers and over asking, said Ms. Davie, as extensive as they are priced right.

“Right now we’re viewing a large amount of activity,” she mentioned. “There are nonetheless consumers out there with wonderful rate retains they been given earlier in the 12 months that will expire in the next two weeks. This is possibly what is continuing to drive the market.”

The device is on the quiet side of the developing.Stilhavn True Estate Companies

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