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eyesthebye2
Real Estate Talker
Posts: 1011
Joined: Sun Jul 27, 2014 6:41 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 6:15 pm

I dont always have time for this. I assure you, if I did I can post multiple over asking sales.

1156 pender street east
2035sqft detached built 1925
25x122 RT-3 lot
Asking $1,399,000
Sold $1,570,000 on 13-March
This lovely 3 suite revenue property in Strathcona is steeped with character! On the main you will find a 2 bdrm suite w/ a large open master bdrm in the attic. Basement suite consists of a 1 bdrm & den w/ 8 ft ceilings. The cottage/coach house provides an additional 1 bdrm suite w/ radiant in-floor heating. Home was completely renovated in 2001 including: new plumbing, new roof & drain tiles, new gas & sewer line, new electrical and new slab in both the basement suite & in cottage/coach house. All 3 suites have their own washer/ dryer. Off the back porch is a beautifully landscaped south-facing back yard. Great block: steps from central Strathcona, schools, transit and recreation. One block to bike route. Listed By: SUTTON GRP-WEST COAST (BRDWY)
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reallyreal2
Real Estate Talker
Posts: 487
Joined: Fri Jun 03, 2016 11:30 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 6:50 pm

Riiiiiiight.... had nothing but time to post replies about stock markets and pensions but none to further your wishful argument of a strong market.

We all know these sales might be overask but the asking price was reduced (you happen to omit that info) and that these sales are representative of sales nowhere close to peak.

Keep dreaming
 
2000sqft
Real Estate Talker
Posts: 18
Joined: Fri Jan 20, 2017 8:17 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 7:04 pm

reallyreal2 wrote:
Riiiiiiight.... had nothing but time to post replies about stock markets and pensions but none to further your wishful argument of a strong market.

We all know these sales might be overask but the asking price was reduced (you happen to omit that info) and that these sales are representative of sales nowhere close to peak.

Keep dreaming

so what was the original asking price of that pender one?
To the moon and beyond!...at $2000 per sq ft
 
eyesthebye2
Real Estate Talker
Posts: 1011
Joined: Sun Jul 27, 2014 6:41 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 7:25 pm

2000sqft wrote:
reallyreal2 wrote:
Riiiiiiight.... had nothing but time to post replies about stock markets and pensions but none to further your wishful argument of a strong market.

We all know these sales might be overask but the asking price was reduced (you happen to omit that info) and that these sales are representative of sales nowhere close to peak.

Keep dreaming

so what was the original asking price of that pender one?


$1,399,000
LOL
 
yzfr1
Real Estate Talker
Posts: 142
Joined: Tue Mar 19, 2013 8:35 pm

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 7:42 pm

Burden of proof

The burden of proof (Latin: onus probandi) is the duty of a party in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position. In a legal dispute, one party is initially presumed to be correct and gets the benefit of the doubt, while the other side bears the burden of proof. When a party bearing the burden of proof meets their burden, the burden of proof switches to the other side. Burdens may be of different kinds for each party, in different phases of litigation. The burden of production is a minimal burden to produce at least enough evidence for the trier of fact to consider a disputed claim.[1]:16-17 After litigants have met the burden of production and their claim is being considered by a trier of fact, they have the burden of persuasion, that enough evidence has been presented to persuade the trier of fact that their side is correct. There are different standards of persuasiveness ranging from a preponderance of the evidence, where there is just enough evidence to tip the balance, to proof beyond a reasonable doubt, as in United States criminal courts.


is the duty of a THE BEARS in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position.

It's not up to ETB to keep posting sales above asking to prove the market is not crashing / tanking / adjusting. It's a established fact that the market has been hot for the past 10+ years. However naysayers and bears claim the market is crashing but provide no actual argument nor any actual evidence.

Case in point, ReallyReal2 makes a accusation to try to discredit ETB post by claiming the price was reduced. (No citation provided) and that the sales represent prices no where near peak (Again no citation provided)

The least you can do is cherry pick some distress sales. At this point most of us don't need to price to continue to go up. We have so much equity there is already a huge buffer. Guys who are in the market can continue with the status quo for the next 10 years if prices continue to hover in this range. It's the bears who are sitting on the sideline that will feel the pain not able to enter the market.

At what point do bears just give up and say they don't know what they are talking about. Can we set a deadline? 6+ months? If the market is still trading the 1.3 / 1.5 million range. Can the bears take some responsibility.

 
 
2000sqft
Real Estate Talker
Posts: 18
Joined: Fri Jan 20, 2017 8:17 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 7:54 pm

eyesthebye2 wrote:
2000sqft wrote:
reallyreal2 wrote:
Riiiiiiight.... had nothing but time to post replies about stock markets and pensions but none to further your wishful argument of a strong market.

We all know these sales might be overask but the asking price was reduced (you happen to omit that info) and that these sales are representative of sales nowhere close to peak.

Keep dreaming

so what was the original asking price of that pender one?


$1,399,000
LOL

LOL
facepalm..
To the moon and beyond!...at $2000 per sq ft
 
2000sqft
Real Estate Talker
Posts: 18
Joined: Fri Jan 20, 2017 8:17 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 7:56 pm

yzfr1 wrote:
Burden of proof

The burden of proof (Latin: onus probandi) is the duty of a party in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position. In a legal dispute, one party is initially presumed to be correct and gets the benefit of the doubt, while the other side bears the burden of proof. When a party bearing the burden of proof meets their burden, the burden of proof switches to the other side. Burdens may be of different kinds for each party, in different phases of litigation. The burden of production is a minimal burden to produce at least enough evidence for the trier of fact to consider a disputed claim.[1]:16-17 After litigants have met the burden of production and their claim is being considered by a trier of fact, they have the burden of persuasion, that enough evidence has been presented to persuade the trier of fact that their side is correct. There are different standards of persuasiveness ranging from a preponderance of the evidence, where there is just enough evidence to tip the balance, to proof beyond a reasonable doubt, as in United States criminal courts.


is the duty of a THE BEARS in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position.

It's not up to ETB to keep posting sales above asking to prove the market is not crashing / tanking / adjusting. It's a established fact that the market has been hot for the past 10+ years. However naysayers and bears claim the market is crashing but provide no actual argument nor any actual evidence.

Case in point, ReallyReal2 makes a accusation to try to discredit ETB post by claiming the price was reduced. (No citation provided) and that the sales represent prices no where near peak (Again no citation provided)

The least you can do is cherry pick some distress sales. At this point most of us don't need to price to continue to go up. We have so much equity there is already a huge buffer. Guys who are in the market can continue with the status quo for the next 10 years if prices continue to hover in this range. It's the bears who are sitting on the sideline that will feel the pain not able to enter the market.

At what point do bears just give up and say they don't know what they are talking about. Can we set a deadline? 6+ months? If the market is still trading the 1.3 / 1.5 million range. Can the bears take some responsibility.

 

he's just an internet troll..dont feed the troll..just put him on ignore and be happy that you're not one of them
To the moon and beyond!...at $2000 per sq ft
 
reallyreal2
Real Estate Talker
Posts: 487
Joined: Fri Jun 03, 2016 11:30 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 9:18 pm

2000sqft wrote:
eyesthebye2 wrote:
2000sqft wrote:
so what was the original asking price of that pender one?


$1,399,000
LOL

LOL
facepalm..


Yet another example of money laundering - this is merely a grey market sale with the incorrect asking price.

Not indicative of the market. There are lots of listings selling for way under asking and peak prices. Lots of foreigners losing money
 
reallyreal2
Real Estate Talker
Posts: 487
Joined: Fri Jun 03, 2016 11:30 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 9:24 pm

yzfr1 wrote:
Burden of proof

The burden of proof (Latin: onus probandi) is the duty of a party in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position. In a legal dispute, one party is initially presumed to be correct and gets the benefit of the doubt, while the other side bears the burden of proof. When a party bearing the burden of proof meets their burden, the burden of proof switches to the other side. Burdens may be of different kinds for each party, in different phases of litigation. The burden of production is a minimal burden to produce at least enough evidence for the trier of fact to consider a disputed claim.[1]:16-17 After litigants have met the burden of production and their claim is being considered by a trier of fact, they have the burden of persuasion, that enough evidence has been presented to persuade the trier of fact that their side is correct. There are different standards of persuasiveness ranging from a preponderance of the evidence, where there is just enough evidence to tip the balance, to proof beyond a reasonable doubt, as in United States criminal courts.


is the duty of a THE BEARS in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position.

It's not up to ETB to keep posting sales above asking to prove the market is not crashing / tanking / adjusting. It's a established fact that the market has been hot for the past 10+ years. However naysayers and bears claim the market is crashing but provide no actual argument nor any actual evidence.

Case in point, ReallyReal2 makes a accusation to try to discredit ETB post by claiming the price was reduced. (No citation provided) and that the sales represent prices no where near peak (Again no citation provided)

The least you can do is cherry pick some distress sales. At this point most of us don't need to price to continue to go up. We have so much equity there is already a huge buffer. Guys who are in the market can continue with the status quo for the next 10 years if prices continue to hover in this range. It's the bears who are sitting on the sideline that will feel the pain not able to enter the market.

At what point do bears just give up and say they don't know what they are talking about. Can we set a deadline? 6+ months? If the market is still trading the 1.3 / 1.5 million range. Can the bears take some responsibility.

 


Market is in shambles - just open your eyes.

No sales - tonnes of listings. ETB can continue writing his fiction novel. Won't help the realtors who are desperate for commissions
 
tdma800
Real Estate Talker
Posts: 2086
Joined: Wed Jan 23, 2008 9:12 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 9:25 pm

eyesthebye2 wrote:
I dont always have time for this. I assure you, if I did I can post multiple over asking sales.

1156 pender street east
2035sqft detached built 1925
25x122 RT-3 lot
Asking $1,399,000
Sold $1,570,000 on 13-March
This lovely 3 suite revenue property in Strathcona is steeped with character! On the main you will find a 2 bdrm suite w/ a large open master bdrm in the attic. Basement suite consists of a 1 bdrm & den w/ 8 ft ceilings. The cottage/coach house provides an additional 1 bdrm suite w/ radiant in-floor heating. Home was completely renovated in 2001 including: new plumbing, new roof & drain tiles, new gas & sewer line, new electrical and new slab in both the basement suite & in cottage/coach house. All 3 suites have their own washer/ dryer. Off the back porch is a beautifully landscaped south-facing back yard. Great block: steps from central Strathcona, schools, transit and recreation. One block to bike route. Listed By: SUTTON GRP-WEST COAST (BRDWY)


Its hard for uneducated unprintables to know that it is the correct market value and shows exactly what the market is.
 
tdma800
Real Estate Talker
Posts: 2086
Joined: Wed Jan 23, 2008 9:12 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 9:26 pm

yzfr1 wrote:
Burden of proof

The burden of proof (Latin: onus probandi) is the duty of a party in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position. In a legal dispute, one party is initially presumed to be correct and gets the benefit of the doubt, while the other side bears the burden of proof. When a party bearing the burden of proof meets their burden, the burden of proof switches to the other side. Burdens may be of different kinds for each party, in different phases of litigation. The burden of production is a minimal burden to produce at least enough evidence for the trier of fact to consider a disputed claim.[1]:16-17 After litigants have met the burden of production and their claim is being considered by a trier of fact, they have the burden of persuasion, that enough evidence has been presented to persuade the trier of fact that their side is correct. There are different standards of persuasiveness ranging from a preponderance of the evidence, where there is just enough evidence to tip the balance, to proof beyond a reasonable doubt, as in United States criminal courts.


is the duty of a THE BEARS in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position.

It's not up to ETB to keep posting sales above asking to prove the market is not crashing / tanking / adjusting. It's a established fact that the market has been hot for the past 10+ years. However naysayers and bears claim the market is crashing but provide no actual argument nor any actual evidence.

Case in point, ReallyReal2 makes a accusation to try to discredit ETB post by claiming the price was reduced. (No citation provided) and that the sales represent prices no where near peak (Again no citation provided)

The least you can do is cherry pick some distress sales. At this point most of us don't need to price to continue to go up. We have so much equity there is already a huge buffer. Guys who are in the market can continue with the status quo for the next 10 years if prices continue to hover in this range. It's the bears who are sitting on the sideline that will feel the pain not able to enter the market.

At what point do bears just give up and say they don't know what they are talking about. Can we set a deadline? 6+ months? If the market is still trading the 1.3 / 1.5 million range. Can the bears take some responsibility.

 

Anyone that can read knows that its spring and things are picking up as always. To the moon with so many completed transactions its not even funny
 
tdma800
Real Estate Talker
Posts: 2086
Joined: Wed Jan 23, 2008 9:12 am

Re: Vancouver indvidual property sales details

Sun Mar 19, 2017 9:27 pm

2000sqft wrote:
yzfr1 wrote:
Burden of proof

The burden of proof (Latin: onus probandi) is the duty of a party in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position. In a legal dispute, one party is initially presumed to be correct and gets the benefit of the doubt, while the other side bears the burden of proof. When a party bearing the burden of proof meets their burden, the burden of proof switches to the other side. Burdens may be of different kinds for each party, in different phases of litigation. The burden of production is a minimal burden to produce at least enough evidence for the trier of fact to consider a disputed claim.[1]:16-17 After litigants have met the burden of production and their claim is being considered by a trier of fact, they have the burden of persuasion, that enough evidence has been presented to persuade the trier of fact that their side is correct. There are different standards of persuasiveness ranging from a preponderance of the evidence, where there is just enough evidence to tip the balance, to proof beyond a reasonable doubt, as in United States criminal courts.


is the duty of a THE BEARS in a trial to produce the evidence that will shift the conclusion away from the default position, to that party's own position.

It's not up to ETB to keep posting sales above asking to prove the market is not crashing / tanking / adjusting. It's a established fact that the market has been hot for the past 10+ years. However naysayers and bears claim the market is crashing but provide no actual argument nor any actual evidence.

Case in point, ReallyReal2 makes a accusation to try to discredit ETB post by claiming the price was reduced. (No citation provided) and that the sales represent prices no where near peak (Again no citation provided)

The least you can do is cherry pick some distress sales. At this point most of us don't need to price to continue to go up. We have so much equity there is already a huge buffer. Guys who are in the market can continue with the status quo for the next 10 years if prices continue to hover in this range. It's the bears who are sitting on the sideline that will feel the pain not able to enter the market.

At what point do bears just give up and say they don't know what they are talking about. Can we set a deadline? 6+ months? If the market is still trading the 1.3 / 1.5 million range. Can the bears take some responsibility.

 

he's just an internet troll..dont feed the troll..just put him on ignore and be happy that you're not one of them

+1
 
eyesthebye2
Real Estate Talker
Posts: 1011
Joined: Sun Jul 27, 2014 6:41 am

Re: Vancouver indvidual property sales details

Mon Mar 20, 2017 7:34 am

At what point do bears just give up and say they don't know what they are talking about. Can we set a deadline? 6+ months? If the market is still trading the 1.3 / 1.5 million range. Can the bears take some responsibility.


I've been here 8 plus years. That won't happen. The best you'll get is "you're correct, for now, but a crash will happen some day". That buys the bears a limitless amount of time.
It's basically like never having to admit you're wrong.
The permabears still lurk here, either as readers or posting with alternate user names. Idiots like vanpro, registered and betamax. The fact that none of the bears of 7 or 8 years ago are brave enough to post now gives you the evidence about their previous poor judgement.
 
tdma800
Real Estate Talker
Posts: 2086
Joined: Wed Jan 23, 2008 9:12 am

Re: Vancouver indvidual property sales details

Mon Mar 20, 2017 7:43 am

Particularly unnamed individuals will say OMG!! it can't go up forever.   really?   People in the know realize that income isn't everything , particularly when you're not referring to a normal  mortgage that is not a high ratio one.  35,000 people a year coming to a region with low vacancies need a place to live.   A dozen or so new rental buildings a year for he region have little meaning in the whole market lol.

Also, its always worth a guffaw or two when people are So Proud(tm) of having money in an RRSP when in fact some of it will be taxed away when they need the money in retirement but a house they live in can be sold tax free lol.

If the 2017 federal budget increases capital gains taxes on those that gamble in the stock market, that will be funny!
 
eyesthebye2
Real Estate Talker
Posts: 1011
Joined: Sun Jul 27, 2014 6:41 am

Re: Vancouver indvidual property sales details

Mon Mar 20, 2017 7:49 am

Here is a $230,000 under ask sale.
Is this the kind of sale you're talking about reallyreal?
Whether this was listed at 2.5M or 800k, we were still going to end up at 1.65-1.7M on this one. This is what older homes on this size lot sell for here.

Originally listed in July 2016 at 1,599,000. So folks, the sale here is above peak prices before foreign buyer rule changes.

1195 east 48th ave
2603sqft detached built 1970
5400sqft RS-1 lot
Asking $1,880,000
Sold $1,650,000 on 27-Feb after 224 days
Renovated home located on popular Knight area. Great size lot with 50 ft width. The home has been redone with high end quality material and work. Laminate floors throughout main living area and bedrooms. The kitchen is gorgeous with quartz counters and S/S appliances. This home has new windows, new hot water tank and aluminum roof. Extra large Patio offer BBQ and summer activities . Currently Basement suite rent at $1800/ mo", month to month tenancy. French Immersion: Sir Winston Churchill Secondary. GREAT FOR INVESTMENT OR LIVE IN. Listed By: SELMAK REALTY LIMITED
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