Old homes owned by Canada Pacfic Railway have been listed for $1. These homes are pre 20th century and were originally constructed for workers of CP Rail back in the day. These two heritages homes come with an interesting addendum, they must be renovated to maintain their original historic architecture.
Homes have been vacant since the 1980's and require a massive amount of work.
Approximate value of renovations per house: $100,000
So you could own an 1,100 heritage home in Boston Bar for approximately $100,101
These homes aren't expect to close with their new owners until Spring.
The first month of 2014 saw home sale and listing totals outpace historical averages in the Greater Vancouver housing market.
Last month's sales were 7.2 per cent above the 10 year sales average for the month.
"The Greater Vancouver housing market has been in a balanced market for nearly a year. This has meant steady home sale and listing activity accompanied by stable home prices." Sandra Wyant, REBGV president said.
"If you're looking to sell your home in a balanced market, it's critical that your list price is reflective of current market conditions." Wyant said.
I have attached the January housing stats with a five trend stats package as well. As always please contact me with any questions.
Vancouver City Council continues to astonish the world and the city by its mixed use development opportunities, which many find to be the heart of the new city. This new mixed use development now contains a new modern church on the main floor. This is quite a different approach to the grocery stores, retail shops, offices and facilities that usually go hand in hand with a new development.
This is also the city known for North America’s first urban Costco which is located in the basement of the Spectrum condo complex next to Rogers Arena. — VanCityBuzz
This has not yet been approved but an application for this 22-storey mixed use rental development at the corner of Thurlow and Pendrell streets. This project is being spearheaded by the Central Presbyterian Church that already exists at the current location. Along with the new improved church will be a new arts centre for community use.
A new 61-unit condo development going up in Gastown called <em>InGastown</em> has launched a new innovative down payment program.
If you have an older car worth the minimum of your down payment the developer is willing to take it in trade. This new incentive is a unique way of looking at moving into the city and especially Gastown. Most individuals that live in the busy neck of downtown cannot own cars because there is no where to keep them. This program also adds to the Vancouerites willingness to go car-free!