In 2015 a shack in Vancouver’s West End made headlines when it sold for nearly $3 million. Just 27 months later, the rundown pile is back on the market and making headlines again, with an asking price of close to $7 million.
Barclay Street home in Vancouver’s West End for sale for almost $7m https://t.co/LS0fxoUzYg pic.twitter.com/e4ybsSzEdF
— The Vancouver Sun (@VancouverSun) March 20, 2018
That sounds nuts, but it’s even crazier when you compare it to what that kind of money will buy in other parts of Canada, the U.S., and elsewhere.
San Francisco: US$5,695,000
5 beds, 3.5 baths, 4,525 sq. ft.
RELATED: Vancouver real estate is so crazy construction workers have to live under Skytrain tracks
New York City: US$5,795,000
9 beds, 5 baths, 4,840 sq. ft.
Or if you don’t mind the 35 to 40 minute commute to your office in Manhattan, there’s this:
Old Westbury, NY: US$5,099,000
7 beds, 10 baths, 10,000 sq. ft.
5 beds, 7 baths, 10,416 sq. ft.
4 beds, 6 baths, 6001 sq. ft.
1320 Prospect Ave. SW, Upper Mount Royal, Calgary
READ: How Vancouver’s runaway real estate became a national problem
6 beds, 6 baths, 5,490 sq. ft.
5 beds, 4 baths, 6,136 sq. ft.
65 Av. Forden, Westmount, Que.
Utopia, NB: $6,900,000
10 beds, 11 baths, 27,000 sq. ft. including two guesthouses
And the price is dropping. In 2016 it was listed for $9.65 million
Tipaemaua, French Polynesia: $6 million
Just off the coast of Raiatea, the second-largest of the Polynesian island
8 beds, 42.67 m