There’s a kind of prejudice circling around among home buyers regarding the Vancouver real estate market, since people think it’s almost impossible to purchase a home in the city worth its price. Many believe that the properties for sale in Rain City are overpriced compared to what they truly offer. We’re here to challenge this assumption by showing you three totally different properties with varied features and disparate price tags. We’ll let you be the judge in choosing a home from our list that is worth its asking price and maybe you’ll even learn a few things about home buying during this fun activity.
#1 1189 Howe Street, 1 bedroom, 1 bathroom, $349,000
First on our list is this cozy 1-bedroom apartment of the highly sought-after Genesis Tower development complex, a rare find considering its location in Downtown Vancouver. The good news is everything you’ll ever need is that merely steps away from your home!
Once you enter the development complex, you can immediately see the amazing attention to detail in every corner. The apartment itself has such an excellent layout you won’t even notice the fact that your living space is limited to 543 square-feet. With a bright living area boasting floor-to-ceiling windows, a fully-equipped kitchen, a private balcony, gleaming hardwood floors and new paint throughout, the unit is in move-in-ready condition. The building’s numerous amenities that are available to tenants (including an indoor swimming pool, a gym, a billiards lounge and a huge terrace garden) are also a very welcome bonus at this price.
Photo Credit: Point2Homes
Photo Credit: Point2Homes
#2 2820 W 11th Avenue, 4 bedrooms, 4 bathrooms, $2,588,000
Secondly we have this very practical, family-sized property with over 3,000 square-feet of living space. The home is in, arguably, the city’s finest location: the Kitsilano real estate market boasts easy access to central Vancouver, while also giving you the perks of living in a quiet area away from the hustle and bustle of the city, and this property is in walking distance of schools, shops and transportation.
There are no fewer than three levels here, encompassing 4 bedrooms and 4 bathrooms, including a master bedroom on the main floor which has a full bath en-suite. The rooms are very spacious and the kitchen has areas for eating which make it a very pleasant space. In addition to all this there is a one-bedroom suite which could be used for in-laws or guests. The garden has plenty of potential and perhaps best of all there is a south-facing deck together with a raised glass conservatory that could be used for a variety of purposes.
Photo Credit: Point2Homes
Photo Credit: Point2Homes
#3 5791 Newton Wynd, 6 bedrooms, 8 bathrooms, $26,980,000
Third on our list is this modern three-level home in the prestigious UBC real estate market offering a jaw-dropping total of 10,000 square-feet of living space! This property is the ultimate definition of luxury, located on a meticulously maintained private lot of 30,000 square-feet. You can admire the best panoramas in the city from every corner of the home, which boasts floor-to-ceiling windows and unobstructed views of the ocean and the mountains.
Extravagance is the first thing that comes to mind as you enter the grandiose double-height foyer, go through the fancy dining hall and reach the enormous living area with its cozy wood-burning fireplace. You can impress your friends by hosting an evening of wine tasting in your own private wine cellar or inviting them over to see the latest films in your home cinema. And we should now mention the property’s finest feature, your very own spa centre with its indoor swimming pool, Jacuzzi, sauna and steam bath! If you’re in search of luxury, this home could be your best bet in the city.
Photo Credit: Point2Homes
Photo Credit: Point2Homes
In conclusion, we have three very different properties for sale and we’re curious to know which of them, if any, is worth its price.
The first property boasts a very affordable price tag along with an enviably central location. The apartment looks quite cute and well-designed, but are you sure you could live for any length of time in an apartment with such a limited amount of space at your disposal? Then there are the building’s facilities, which look reasonably good, but you’d have to share them with a lot of people and that may not be worth the trouble.
The second home is much larger residence and may well have family appeal for those with children. You’d be getting plenty of rooms, and a decent neighbourhood into the bargain, but you’d need to be earning a lot of money to pay that asking price. And with its drab exterior and rather uncared-for-looking garden, it doesn’t have much curb appeal, does it? This would be a big investment, and there are a lot of factors to evaluate when you judge whether this property is worth the money.
The third property is the definition of luxury Vancouver real estate, with its lovely private grounds, large number of rooms and wide array of entertainment opportunities. But could you ever take advantage of all those high-end features? For instance, would you have enough discerning guests to appreciate the property’s finer points, and does anybody really need more baths than they have bedrooms? Then you might consider if the cost of maintaining such a huge house would make it a worthwhile purchase in the long run.
