May 28, 2012

Dunbar Location Proves Too Hard To Resist

3880 West 18th Ave., Vancouver

Type: Three-bedroom, two-bathroom detached
Size: 1,574 sq. ft.
B.C. Assessment, 2012: $1,554,100
Listed for: $1,588,000
Sold for: $1,620,000
Sold on: April 24
Days on market: One
Listing agent: Colette Gerber at RE/MAX Select Properties
Buyer’s agent: Melissa Dhuu at Royal Pacific Realty

The big sell: Listing agent Colette Gerber says this property sold in 12 hours to buyers who had been looking for a building lot in the sought-after neighbourhood west of Dunbar. They weren’t the only contenders, as multiple offers pushed the final sale price to $32,000 over the asking price. The reasons why this area is so desirable? Proximity to popular westside schools, efficient transit connections to downtown and UBC, and the numerous shops and restaurants that line the Dunbar corridor. Attractions of the property include the 33-by-122-square-foot lot, south-facing rear garden, and location on a quiet, tree-lined street. The home was built in 1926 with a stucco exterior and a single carport. The MLS description states that it is livable, but in need of repair. There is potential to convert the basement (it sits at ground level) into a suite, as it contains a kitchen, bedroom, living room and three-piece bathroom.

These transactions were compiled by Nicola Way of and
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