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Buyers Be Aware - New Condos Selling at $1,000 per sq ft Without Proper Laundry?!?



This is your Inside Vancouver Real Estate tip that I just recently experienced as I was touring a relatively new condo development in Mount Pleasant last weekend. It was a 600 sq ft unit asking $620,000 (which will sell well over asking price). To my surprise I discovered that the unit has an inferior laundry set up.  Rather than have a stackable washer & dryer with the dryer running 220 volts and properly vented to the outside - the setup in this unit was a single Euro style one piece unit running off 110 volt, and the dryer had no venting!

I can understand this type of setup in an older condo selling at $400 a sq ft but not in a new concrete building in the downtown vicinity selling at over $1000 a sq ft. It’s another reason why buyers need to be careful in an ultra hot and rising market like we have today. You need to fully investigate what you’re buying and hire an experienced Realtor who knows what to look for.


This entry was posted on May 2nd, 2017 by Owen Bigland | Posted in Video Blog

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Buyers Be Aware - New Condos Selling at $1,000 per sq ft Without Proper Laundry?!?

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Macdonald Realty Westmar
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Richmond V7C 5S7
: 604 889-1118
: owen@owenbigland.com

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