Blog by Michael Giesbrecht

Downtown Vancouver One-Bedroom Condo Update

July 20th, 2022
Currently there are 127 one-bedroom homes (freehold strata) for sale in the Downtown area of Vancouver (not including Coal Harbour, West End, and Yaletown), ranging in asking price from $499,999 to $1,950,000.  The average asking price is $740,407 and the median asking price is $699,000.  Asking prices per square foot range from $871 to $2,117.  There have been 141 sales in the last 90 days, ...

What's The "Emotional" Return On Investment Of A New Home?

July 20th, 2022
  Chances are, you’ve heard the expression, “Your home is your biggest investment.” For most homeowners, that’s true. So, when you’re shopping for a new home, it’s important to consider the financial ramifications of any purchase. Ideally, you want a home that is likely to increase in value over time. In other words, you want a home with a strong potential return on investment. But dollars ...

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