March 13, 2013

Dunbar home sells for $81,200 over the asking price

3478 West 19th Ave., Vancouver

Type: 4-bedroom, 2-bathroom detached
Size: 2,036 sq. ft.
B.C. Assessment, 2013: $1,458,400
Listed for: $1,438,800
Sold for: $1,520,000
Sold on: Jan. 20
Days on market: 5
Listing agent: Andrew Hasman at RE/MAX Andrew Hasman
Buyers agent: Andrew Hasman at RE/MAX Andrew Hasman

The big sell: According to agent Andrew Hasman, more than 100 people came to the open house for this 1960s bungalow. Ten offers were produced, resulting in a sale of $81,200 over the asking price. The home has two bedrooms on the main floor, and a two-bedroom basement suite, and has benefited from many improvements, including upgrades to the roof and windows. With a prime location near the Dunbar and West 16th Avenue corridors, and a south-facing level lot, Hasman reports that the property was purchased as a building lot.

The RS-1 zoning regulation permits a 0.7 floor space ratio, which means for this 4,026-square-foot lot, a new home with an increased floor plan of 2,818 square feet could be built, as well as a laneway home of 483 square feet. The school catchment area is Kitchener elementary and Lord Byng secondary. There is a transit route to UBC close by, as well as the shops and amenities in Dunbar and Point Grey Village.

These transactions were compiled by Nicola Way of BestHomesBC.com and AssignmentsCanada.ca.
Realtors — send your recent sales to nicola@besthomesbc.com

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