Kitsilano Houses Update: November 2014

11.11.2014

Share This!

The Kitsilano House Market maintained the same level of activity that is has for the past few months, though we saw quite a number of sales nearing the lower end of expected price points. There were 5 sales under $1.6million last month (ranging between renovated houses and those that need major upgrades) as well as only 2 higher end sales bringing up the average: a 2009-built that sold for $2-million and a home with great build potential near Point Grey Rd that sold for $3.5-million. The Kitsilano detached market is still a fast moving market, so you’ll have to be quick to move and knowledgeable in order to succeed in this market – that’s where we come in. Let us know that you’re looking to get a house in the Kitsilano Detached Market and we’ll ensure you find the right one, for the right price.

View all Houses for Sale in Kitsilano

Kitsilano_Vancouver_Real_Estate_October_2014_2_Page_4

Kitsilano House Listing and Sales

The least expensive house sold last month in Kitsilano was a property on West 10th that was a former grow-op. It’s almost impossible to get any proper financing for a former grow-op property and thus the property needs to be a cash purchase. Unless the house is torn down, it’ll carry this red flag with it, limiting it’s value in the future.

kitsilano_house_sale_inexpensive

The second cheapest house sold in Kitsilano last month is the home pictured above on West 10th near Stephens St. This home has 2062sqft sitting on a standard 33×122′ lot. The house is smaller than possible on the lot size, which is what lead to a less expensive price. It’s been extensively renovated with lots of great upgrades. Listed for $1,488,000, this house sold 5 days later for $1,525,000.

kitsilano_house_sale_expensive_oct2014

The most expensive house sold in Kitsilano last month was this older house sitting at the corner of Point Grey Rd and Alma St. This 2593sqft home can definitely be lived in, but could be larger if re-built. The location is amazing, and the views are stunning. This home was listed for $3.6-million and sold 17 days later for $3.5-million.

 

As always, if you have any questions, give us a shout! We watch this market closely and between all the members on the LiveKitsilano Team, we’ve seen A LOT of these homes.

[x] close

Login for Full MLS Acess

Name* (first and last):

Email Address*:

Price Range: -

Property Type:

How many bedrooms?

How many bathrooms?

What area? (Near xxx)

I'm looking for a home that: (Allows pets, has ocean view)

Are you working with a Realtor?

Terms of Use

The term Virtual Office Website ("VOW") refers to a Participant's (REALTORS®) Internet website, or a feature of a Participant's Internet website, through which the Participant provides real estate brokerage services to Registrants (clients and prospects) with whom the Participant has first established a relationship where the Registrant has the opportunity to search for MLS® data, subject to the Participant's oversight, supervision and accountability. By agreeing to these "Terms of Use" you:

  1. acknowledge and understand that the Terms of Use do not create an agency relationship and do not impose a financial obligation on the Registrant or create any representation agreement between the Registrant and the Participant;
  2. understand that all data obtained from the VOW is intended only for your personal, non-commercial use;
  3. do have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered through the VOW
  4. agree not to copy, redistribute or retransmit any of the data or information provided;
  5. acknowledge the Board/Association ownership of and the validity of the copyright in the MLS® database.
  6. agree that all information provided may be provided to the relevant Board and may be used to administer and operate the VOW and to investigate any breach of security of the data or the MLS® rules
  7. that a "mouse click" is sufficient acknowledgement and agreement to the terms
  8. must supply a user name and a password, the combination of which must be different from those of all other Registrants on the VOW, before being permitted to search and view information from the MLS® database via the VOW.
  9. must provide a valid email address. The Registrant may be permitted to access the VOW only after the Participant has verified that the email address provided is valid the Registrant's agreement to the VOW's Terms of Use is confirmed.
  10. understand the Participant must at all times maintain a record of the name, telephone number and email address supplied by the Registrant, and the username and current password of each Registrant, such records to be kept for not less than 180 days after the expiration of the validity of the Registrant's password. If the Board/Association has reason to believe that a Participant's VOW has caused or permitted a breach in the security of the data or a violation of MLS® rules related to use by one or more Registrants, the Participant shall, upon request, provide to the Board/Association a copy of the record of the name, email address, telephone number, username, current password, and audit trail, if required, of any Registrant identified by the Board/Association to be suspected of involvement in the violation.
  11. Understand that information on this site is deemed to be valid but is not guaranteed. It is the responsibility of the registrants to confirm all information on their own. Broker may not have reviewed or approved listing enhancements. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  12. Understand any agreement entered into at any time between the Participant and Registrant imposing a financial obligation on the Registrant or creating agency representation of the Registrant by the Participant must be established separately from the Terms of Use, must be prominently labelled and may not be accepted solely by mouse click
  13. have received, read and understand the brochure published by the British Columbia Real Estate Association entitled Working With a REALTOR®

Having agreed to the terms and conditions of use, I would like to have access to this VOW information.

 Terms and Conditions I agree to the Terms and Conditions

[x] close

Login for VOW Access

Remember me

Don't have an account? Register now!