Residential Properties in Vancouver
Looking to buy a house, sell one, or move to Vancouver? Let us show you all to look for. From the best areas to live, what to expect in costs and ways to stay within your budget, but still buy a nice residential property in Vancouver, we are your one-stop on the way to residential ownership.
Selling
The housing market here is a good one. According to ZOLO, 1,265 homes have entered the market just within the month of July 2019. For those selling, in the past month, houses sold within 95% of their asking price.
The average days spent on a listing is 30, so, decide what kind of time you need to be able to be ready to close the sale and move on from the home.
The average cost for a home was $1.4 million, but obviously a lot goes into the value of your home. So while this is true upon average, the benchmark is lower than it has been in quite a while, and not every home is a million-dollar property. Tailoring your expectations is probably the best way to not feel like you have been taken advantage of.
Even if that is the case, the time that a house stays on the market is lower than it has been in recent time, and with the right marketing strategy, we can even make that time shorter, without sacrificing in your bank account.
Buying
Same as above, the market is a promising one, with plenty of homes on the market, in a wide range of prices. Changes are being made that will be at the advantage of the buyer, with land appraisals being low, as there are many tax changes in the city, which means a lower tax hit upfront.
Vancouver is a very historic city. A lot of the older styles of architecture are present in residential properties. But the city is definitely growing and becoming a high industry model for a commercial and tourism hub, which is great for anyone looking to make a move to the city.
And whether you’re new to the area, making a change and looking for a new area, or buying for the rental advantages, development in the commercial industry helps everyone. Jobs opening up, property values on the rise, now is the time to get in the game.
Overall
Vancouver is a great city to put down roots. It is also a great city to sell residential properties. Historic, but new-look architecture has the hub of the west a go-to spot for business and tourism. With both on the rise it just makes sense to do business in the Lower Mainland. No matter what meets your needs, we can help you find it, and probably leave with a few bucks in your pocket at the end.
The commercial real estate business is booming. But so is the residential arena. The market is up, and we can help you find exactly what you’re looking for. Whether you’re selling, buying, renting, or buying to rent, Vancouver is a great place to do it all.