News and advice about Vancouver real estate - purchasing a home, commercial property in the Greater Vancouver Regional District (GVRD)

If you’re looking to buy a condo in Vancouver, one of the first questions to consider has to do with age. Do you want to purchase an older unit or one that has been built more recently?

This question is harder to answer than you might think. Newer condos may look flashy and appealing, but they’re not necessarily a better fit for your needs.

In Vancouver, there are plenty of old and new condos for sale, and there are plenty of buyers looking for both. What matters isn’t simply the age, but rather what each age range has to offer. To discover which one is right for you, you’ll need to consider your lifestyle and be clear on what you value in a home or investment property.

Here are four questions to ask yourself as you weigh your options.

Is one…

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Greater Vancouver’s Tri-Cities region – which includes the cities of Coquitlam, Port Coquitlam, and Port Moody – is one of the Lower Mainland’s hidden gems.

Lush and beautifully forested, this region stretches from the Fraser River’s northern banks up past the Burrard Inlet. Residents delight in their robust communities and outdoor activity options. They also relish the easy commute into Burnaby and downtown Vancouver.

This combination of natural beauty with urban access and amenities has inspired steady growth in the Tri-Cities for the last several decades. Meanwhile, these cities have maintained their infrastructure and accommodated growth with ease. Longtime residents and newcomers alike value this measured approach that makes the Tri-Cities a…

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You’ve decided to sell your current home and move to another. The thought excites you! You’re ready for a change of scenery. You’re looking forward to the next chapter. You’ve already started the hunt for your new home.

But then you pause: how much will you make on your house sale? And, come to think of it, how will you decide what to ask for in the first place? Choosing a number can be daunting, especially in changing markets and times of economic uncertainty.

The good news is that this process doesn’t have to be a complicated mystery. There are several practical steps you can take to reach a fair, market-conscious asking price for your home.

Put your feelings aside

Whether you’ve lived in this house for eighteen months or eighteen years,…

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The challenge of buying a condo in Vancouver is that no two condo buildings are alike. Even when architectural styles are similar, there are many components that set one condo building apart from another. From financial management to maintenance philosophy, the reputation and actions of a strata should be investigated ahead of time so you can avoid unpleasant surprises.

Purchasing Condo 

Here are a few questions that you should consider about your prospective condo purchase.

What does my maintenance fee cover?

Condo owners are responsible to pay monthly maintenance fees to their strata. The strata uses these funds to handle general operating expenses (routine maintenance, cleaning, etc.) and build up a contingency reserve fund (for emergencies…

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If you’re a first-time home buyer or new to the area, you might be wondering, “How long does it take to buy a house in Vancouver?”

That’s a great question. However, we don’t have a short answer. Buying a new home is a journey that includes several important steps from start to finish.

 Priority List (1 to 2 weeks)

Before you start looking at potential properties, determine your price range. This step isn’t hard: obtaining a basic prequalification or talking to your bank will give you enough data to establish your budget. Moreover, it will save you from the disappointment of discovering that a house you adore is out of your financial reach.

Once you know your price range, decide what area(s) you want to live in. Compile a priority list as you…

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If you’re looking to purchase real estate in Vancouver, you’ve likely seen listings for condos.

For those unfamiliar with this term, “condos” are units within a building (called a “condominium”) that are individually owned. Condo owners share and jointly own common spaces, like hallways, parkades, and amenity rooms.

In Vancouver, the average size of a condo unit is 769 square feet. The average cost to buy a condo is just over $800,000.

There are plenty of good reasons to buy a condo in Vancouver. However, there are also things you should keep in mind to make sure this kind of property is right for you. Here are some pros and cons you should consider.

 The Pros of Buying a Condo

  1. It’s not your job to maintain the property

    When you live in a…

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Vancouver is consistently named one of the most livable cities in the world. And it’s not hard to see why. It offers ready access to nature, a robust economic hub, and diverse cultural offerings. Over 2.5 million people call Vancouver home, and that number only continues to grow.

These features make Vancouver real estate an intriguing proposition for potential investors. Here are just five reasons why you should consider Vancouver property listings:

1. A wide array of breathtaking scenic landscapes
With its mountain vistas and peaceful coastlines, Vancouver provides a true “sea to sky” experience. Do you want to get away from the hustle and bustle of the city? You can find outdoor activities like hiking, paddle boarding, and fishing within easy…

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1876 Garden Drive, East Vancouver

 

BUILDING SITE: Designated at DUPLEX in the Community Plan. Quiet street and corner lot directly across from Garden Park tennis courts make this an invaluable lot. Located in Grandview [East Vancouver] area, it has close proximity to schools, shopping and transportation. The property is tenanted and showing by appointment.  

 

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We are not your normal group of Realtors or the average real estate team.  Our systems and marketing is world-class.  Our website generates over 20 new leads every day while we generate over 1700 visitors per day.  This is 3-20 times the traffic our highest competition gets and 50-100 times what the average agents gets.

This is not an accident.  We have spent over $300,000 on site development costs.

 

So we are now looking for quality buyer agents, showing specialists, inside sales agents and community focused agents that we can take to the next level.  

If you are hard working, willing to learn and grow and most importantly have a never give up attitude you could be the right fit for our team.  

When you join our team you will receive…

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There is no doubt that the purchase of a home is a huge investment, for most people it is the biggest investment they will ever make.  But there are many costs that are not always apparent when purchasing a home, that need to be considered. 

When working with a Buyer’s Agent, early in the conversation should be a review of potential charges and costs.  Some of the possible charges include (but are not limited to).

The deposit is a significant cost for the purchase of residential property.  The higher the deposit, usually the lower the interest rate and the better the terms possible for the mortgage or financing. Most traditional lenders want a deposit of 10%, some will work with 5% and others will require 20% of the purchase price.  In some cases,…

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The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.

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Listing information last updated on June 14th, 2024 at 9:00pm PDT.