Vancouver British Columbia Real Estate Average Prices

Picture Tells The Story

* Prior to 1984 condominium averages were not separated into attached and apartment and are not recorded herein. ** Statistics Courtesy Real Estate Board of Greater Vancouver. *** While information is believed to be correct it is not guaranteed.

Average Prices October

2006 Detached – $795,800 Attached – $435,200 Apartment – $364,900
2007 Detached – $850,000 Attached – $484,000 Apartment – $406,800
2008 Detached – $825,206 Attached – $461,788 Apartment – $386,788

Assessments

Attrib Jones “The Grinch Who Stole Christmas” – Dr. Seuss

Grinch Gordo has really stolen Christmas this year. Don’t think for a moment that you are getting a break with the government announcement that property tax assessments will be frozen at 2007 levels and that you can defer your assessment for 2 years.

These yearly comparisons should give you a clue that not all things are good in Whoville.

When you get your tax bill study it carefully. Can’t make sense of the form? Need comparable properties, call your Realtor®.

Compare your property values to the neighborhood market as of July 1 2008. Be prepared to defend your right to a re-assessment as required with the British Columbia Assessment Authority.

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I’m always happy to answer your Vancouver Real Estate question? Call or send me an email Twitter or Skype me at YatterMatters.

Larry

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed. **Numbers provided may vary as they are dynamically posted by the REBGV.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

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