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East Vancouver House Price Comparisons - Property Sales in Vancouver's Eastside

DESIGN TEAM EFFORTS REWARDED WITH $86,000 ABOVE-ASKING PRICE

Vancouver

932 East 29th

Type: detached, 4-bed, 2-bath

Size: 2,118 sq. ft.

BC Assessment, July, 2009: $565,700

Listed for: $689,000

Sold for: $775,000

Sold on: Jan. 12

Days on market: 8

Listing agent: Julie Miller at Prudential Sussex Realty

Buyers agent: Chrystie Choquette at Prudential Sussex Realty

The big sell: This home in the Kensington-Cedar Cottage neighbourhood is a great advertisement for having a design team update and stage a property. The result? According to listing realtor Julie Miller, it was one of her busiest open houses, culminating in a sale price of $86,000 over-asking. Renovations included fir flooring, antique stained glass windows, wood mouldings, kitchen countertops, sink, dishwasher, roller blinds, contemporary lighting, and new carpets in the ample 810-square-foot one-bedroom lower-level suite. Exterior goodies include a large deck overlooking the lush greenery of the south-facing back garden.


MORTGAGE-HELPER A DRAW FOR OLDER HOME

Vancouver

138 East King Edward

Type: 4-bed, 3-bath, detached

Size: 1,714 sq. ft.

BC Assessment, July, 2009: $473,500

Listed for: $599,000

Sold for: $584,000

Sold on: Jan. 22

Days on market: 88

Listing agent: Cameron Nordmann at Sutton Group - West Coast Realty

Buyers agent: David Reiter at RE/MAX All Points Realty

The big sell: Maximizing rental income, this four-bedroom, three-full-bathroom house includes not one, but two mortgage-helper one-bedroom basement suites. Retaining some original features from its construction in 1919 -- in the form of stained-glass windows -- the property has a distinctive treed frontage and enjoys a convenient location next to the shops and restaurants of Main Street and just four blocks from the Canada Line on Cambie. King Edward is one of the city's major east-west thoroughfares.


TOWNHOUSE ATTRACTS COMPETING OFFERS

Vancouver

3890 Welwyn Street

Type: 3-bed, 2-bath townhouse

Size: 1,304 sq. ft.

BC Assessment, July, 2009: $568,000

Listed for: $649,900

Sold for: $676,000

Sold on: April 18

Days on market: 6

Listing agent: Tom Everitt at ThinkTom.comRealty

Buyers agent: Sheri Goldman at Sutton Group - West Coast Realty

The big sell: One of East Vancouver's most sought-after enclaves, Cedar Cottage attracts high interest, in part due to it being in the catchment area for Charles Dickens Elementary -- rated one of Canada's top 40 schools. Fitting right in with myriad renovated heritage homes in the area is this three-level townhouse in Mosaic's award-winning Stories development: 60 red-brick rowhomes completed in 2006. A coveted end unit with North Shore mountain views from the living room, top floor bedroom and bathroom and featuring nine-foot ceilings, siltstone countertops, built-in surround sound, electric fireplace, private garage, and a fenced yard. Walking distance to Trout Lake and the shops and restaurants of Commercial Drive, it produced multiple offers and flew off the shelf in under a week.



These transactions were compiled by Nicola Way of BestHomesBC.com and AssignmentsCanada.ca