East Vancouver Real Estate: Detached Houses
We’re seeing a different story in Vancouver East. The number of sales dropped 10%, though demand is quite strong over last year with 30% more sales) while the average and median price dropped at least $50k. The best performing markets are between $700-$900k, typically with 4 to 6 bedrooms. Though the average price is about $900k, budget about $1-million for extra renovations to make the house more comfortable or to add a basement suite (as a mortgage helper). The demand remains high in Main, Grandview and Fraser, while the further from downtown you get, the lower the demand.