新闻评论 - #155759

#155759

游客 [之.香.周.能]

最新报告:温哥华楼价按年升近9%

2013-07-24 09:37

Vancouver Price Drop

Documenting Vancouver real estate price movements
Vancouver West Detached Spotlight – June 6, 2013
19 Comments Posted by an observer on June 6, 2013

Here are the top 10 most desperate detached properties in Vancouver West. I will go through city by city over the next couple of weeks

The formula attempts to determine the level of desperation for a particular home by looking at price drops and relistings and weighting them based on the size of the drop and how recently it happened.

#10 ) Address:2923 W 34TH AV, MacKenzie Heights, Vancouver West

February 16, 2012	V931628	$1,898,000	$0	0%
February 29, 2012	V931628	$1,830,000	$-68,000	-4%
March 06, 2012	V931628	$1,760,000	$-138,000	-7%
April 13, 2012	V931628	$1,719,000	$-179,000	-9%
April 25, 2012	V931628	removed after 69 days
April 30, 2012	V946558	$1,668,000	$-230,000	-12%
May 16, 2012	V946558	removed after 16 days
November 09, 2012	V979741	$2,788,000	$0	0%
December 09, 2012	V979741	removed after 30 days
December 10, 2012	V982268	$2,588,000	$-200,000	-7%
April 01, 2013	V982268	removed after 112 days
April 07, 2013	V999393	$2,488,000	$-300,000	-11%

v999393_1

Current Days on Market: 477 (1.31years)
Current ‘Official’ Days on Market: 61
2012 Assessment: Building unfinished at time of assessment
2011 Assessment: $1,623,900

2012 Last Sale: $1,568,000 on 12/May/2012
Total Profit IF sold for list price: 110K transaction costs and 920K profit on sale = Profit of $810K minus cost of build

Desperation Score: 30.5

This new build is down $300K and if you look at the pictures it is pretty plain to see that this isn’t going to sell anywhere near the current price – this is an ugly home by any measure. They likely have at least $300K of profit still on the current asking price but I’d expect that to dwindle down to nothing or more likely a loss before it is sold

Price includes GST. Never lived in. Brand new luxurious home in MacKenzie Heights. 10′ on main, hig