GREATER VANCOUVER REAL ESTATE DIRECT
CLICK HERE FOR ADVERTISING OPPORTUNITIES

Everything you need to know about the new B.C. HST - Harmonized Sales Tax Resources, Articles, Reaction

EXITING NEW VANCOUVER CONDO BLOG >

VISIT OUR VANCOUVER REAL ESTATE BLOG >

NORTH VANCOUVER PRESALE Condos & New Townhomes

NORTH VANCOUVER RE-SALE Listings


_______________

New on the BUZZ:
Destiny at Raven Woods North Shore Condos
The Drive by Onni
The Kimpton Central Lonsdale Condos
The Brook LEED Platinum Condos
Lynn Valley North Vancouver Wedgewood
Lower Lonsdale Orchard Terrace
The Shore House

Family Oriented North Vancouver Townhome for Sale in Central Lonsdale

TOP 10
North Vancouver Condos for First Time Home Buyers PLUS
TOP 5 Re-Sale & Pre-Construction Lower Lonsdale Real Estate PLUS 55+ Adult Oriented North Shore Communities


Lower Lonsdale North Vancouver Real Estate
Mira on the Park
Ventana Intracorp
Terraces on 4th
Envy Lower Lonsdale
Sky Tower Residences
One Park Lane
The Observatory
Time For Living Condos
Lower Lonsdale
The Next Yaletown?


The Pier Waterfront
Lower Lonsdale

Premiere at The Pier
Esplanade & Esplanade West Condo Towers
Landing at the Pier
Pinnacle Residences and Condo Hotel
Atrium West and Atrium East at the Pier
Site 8 Waterfront

Central Lonsdale North Vancouver
Vista Place Living
The West of Central Lonsdale Townhomes
Alina CityHomes, Condos, Townhomes
CELO Central Lonsdale Townhomes & Home
Addison Upper Lonsdale
Avondale Townhome & Condos
St. Andrews Gardens
Branches Lynn Valley
Cedar Crescent Homes

Vista 29 55+
Silva Condos

Lynn Valley
Branches by Polygon
Eaglelynn Townhomes
Brook Apartments
River Rock Townhomes



Raven Woods Community
The Signature Estates at Raven Woods
Seasons WEST at Ravenwoods
Seasons SOUTH at
Raven Woods


Other North Shore Communities
Nature's Cove Condos
Evoc Harbourview
Gateway on Marine
Knightsbridge Properties

NoMa North of Marine
Touchstone Living
NoMa Adera

Sea to Sky
Real Estate

_____________

SPECIAL FEATURE
Vancouver Condo Cancellations
Delayed Vancouver Condos Stalled
Vancouver Condos in Receivership and other Problems

_______________

Other Resources

presale condos
listings
sitemap
more properties
resources
_______________

 


North Shore Real Estate – North Vancouver and West Vancouver Homes
According to the latest real estate statistics, the demand for North Vancouver and West Vancouver real estate overwhelms the supply.



Environmentally Friendly North Vancouver Townhomes are available through Ralph Maglieri Remax for April 2009 at the Contemporary North Shore Homes called GreenView Living

Source: 24 Hours
Date: December 02, 2005

For Lower Mainlanders who occasionally scan the North Shore mountains and daydream about moving there it might be time for a reality check.

The complexity of this market is largely a result of its geography. The area, from Deep Cove to Horseshoe Bay, offers stunning views, prime waterfront properties and choice amenities all in a park-like setting. But it also comes at handsome prices – if you can find what you want.

Vancouver realtors report being active introducing clients to this high-demand market but they live with a Catch-22 – there is simply not much real estate available on the North Shore (North Vancouver or West Vancouver).

Moreover, over 725 new single-family or multiple dwellings came on the market across the North Shore this year, and no subdivisions are planned. A look into entry-level prices, according to North and West Vancouver realtor, Alan Skinner, of Remax-Crest Realty, reveals that the one-bedroom condo in North Van at about 500 square feet is in the $140,000 to $150,000 range. It may also need some work.

A decent entry-level condo, says North and West Vancouver realtor, Dan Morrison, also at Remax-Crest, “is in the high $250,000 to low $300,000 range with an area of about 700 to 800 square feet.

Today’s average, entry-level price for a single-family detached home on the North Shore (excluding West Vancouver) hovers around the $650,000 mark. Of the 200-odd homes currently on the market on the North Shore, only a few can be had for about $500,000, Morrison said, but being 25 years old, they likely require massive renovations.

Such a fixer-upper for a mere half-a-million dollars is a sure sign of the times on the North Shore’s real estate market.

“It’s certainly a seller’s market,” said Morrison. “We’re very active. There are lots of multiple offers and some bidding wars. Recently, I had seven offer (counter-bids) and the house went for $20,000 above the asking price.” Wouldn’t we all love to hear that.

Real estate construction on the North Shore (North Vancouver and West Vancouver) is concentrated around the Lower Lonsdale area by the old shipyards. While there is a great demand for first-time home buyers, there isn’t a vast supply, which is driving prices up.

Written by Colin Wright and Rob Kruyt of 24 Hours.