There are currently 2 distinct pricing strategies playing out in the ultra hot seller’s market in Vancouver and Richmond. Some sellers are using the “Price it low & watch it grow” strategy. This is where they price a home well below market value in order to stimulate a ton of offers on the home. The result is the house will end up selling 100’s of thousands over asking. The other strategy is the more traditional way where you price a home fairly close to what you think is market value. In this blog I will explain the pros and cons to both strategies and some of the dangers in using a price it low strategy.
I just finished uploading this House for sale, 394 28TH AVENUE, Vancouver East, BC
Hold or build now with this prime main street location just steps from shopping, restaurants and coffee shops. General Brock Elementary and Charles Tupper Secondary catchments. Measurements are approximate and should be verified if important. 1st showings Wednesday February 17th.
I just finished uploading this House for sale, 9846 WALLER COURT, Richmond, BC
Extensively updated 4 bdrm and games executive home on a quiet cul-de-sac in desirable 'Boyd Park' area. This 2,885 sq ft beauty has a warm, contemporary flare throughout and features a bright modern kitchen with caesar stone countertops, high end fixtures and S/S appliances. Gorgeous white oak engineered hardwood flooring in entry, living and dining areas with newer berber style carpets up. Bathrooms have all been updated to high standards and attention to detail is evident throughout this meticulous home. Open Sat/Sun 2-4 PM, don't miss this one, it won't last long!
I just finished uploading this Townhouse for sale, TH2 1329 CONTINENTAL STREET, Vancouver West, BC
MADDOX - By Cressey at the heart of Vancouver. Spacious & open layout with overheight ceilings. Beautiful wrap around kitchen with lots of storage space/ flex room. All top quality appliances with luxurious finishes including Armony Cucine Cabinets. Air conditioning, 24 hrs concierge service, fitness & steam rooms, private balcony, walking distance to restaurants, transportation, Granville Island & the Downtown Entertainment district. Don't miss this great opportunity to move in or investment. A pleasure to show! Motivated seller, try your offer.
I just finished uploading this Townhouse for sale, 37 4700 FRANCIS ROAD, Richmond, BC
PARKSVILLE ESTATES. This is a beauty! Lovely townhome ... owned by the same owners for 30 yrs. 3 bdrm- 2 baths. Well situated in the complex, end unit- North & South facing (south rear yard), with a private fenced yard. Tasteful & complete renovations have just been finished ... which include, the flooring, moldings, paint, new kitchen quartz counters & cabinet doors, appliances, bathroom vanities & toilets, all doors & casings, lighting & blinds. Fabulous location-close to schools, shopping & recreation. Not to be missed! First showings- Thurs, Feb 4 5-6:30pm. Open House- Sat/Sun Feb 6-7 1-3pm.