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The Lisa MacIntosh Team - Your Vancouver Real Estate Experts

Specializing in Vancouver Heritage Homes, First Time Buyers and Real Estate Investors looking for great investment opportunities in Vancouver.

Let us be your Vancouver real estate experts. We will give you honest, efficient and professional service that helps you in reaching your goals.

Phone: (604) 263-1144
Fax: (604) 263-6699
E-mail: Lisa MacIntosh
Web site: www.lisamacintosh.com

 

Awarded - MLS Medallion Club Member 2006 - 2013 - Ranked Top 10% of all Realtors in Greater Vancouver -  Recent Sales  
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#306-2080 Maple Street
Vancouver West -Kitsilano
List Price $524,800
2 bdrm, 2 bthrm
1039 sq. ft.

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#303 -1127 Barclay Street
Vancouver West - West End
List Price $448,000
2bdrm, 1 bthrm
828 sq. ft.


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#310 - 345 West 10th Avenue
Vancouver West- Mount Pleasant / Cambie
List Price $469,800
2 bdrm, 2 bthrm
1020 sq. ft.

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SOLD

3446 Nairn Avenue
East Vancouver - Champlain Heights
List Price $384,800
3 bdrm, 2 bthrm
1349 sq. ft. - Townhouse


SOLD

2125 East Pender
East Vancouver - Hastings Sunrise
List Price $759,000
6 bdrm, 4 bthrm
Lot Size 30 x 122 = 3600 sq ft, RT-5 zoning
Interior: 2550 sq. ft.

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SOLD

#102-1330 Graveley Street
East Vancouver - Grandview / Commercial Drive
List Price $224,800
1bdrm, 1 bthrm
582 sq. ft.


Real Estate & Beyond Newsletter...

Each month we will update you with lots of great information including: the latest Real Estate Board statistics; graphs showing what is happening with the Vancouver real estate market; our ever popular monthly feature of the most expensive & least expensive Vancouver properties sold each month;our current listings and recent sales; plus many other interesting articles including how to green your home, renovation tips & much more! Sign-up today & get "in the know".


MARKET UPDATE

Vancouver Real Estate Market Update - April 2014 (Historical Statistics for Real Estate Board)

There is often a lot of confusion, and misinformation about the real estate market in Vancouver. The media likes to create "news", so often real estate market information is given a sensational "breaking news headline" - that perhaps sometimes misconstrues the facts somewhat.

Our attempt with this market update is to give you the facts about what has been happening in the Vancouver market focusing on the Vancouver West Side and Vancouver East Side. Remember, if you need a Vancouver Realtor don't hesitate to call, as we specialize in both Vancouver West Side and East Vancouver Real Estate.

Type of PropertyAREA
Benchmark Price*
1 Month Change %3 Month Change %6 Month Change %
1 Year Change %
3 Year Change %
5 Year Change %
DETACHED East Vancouver Houses

   $886,700

1.3% 2.2% 4.3% 7.7% 17.5% 49.4%
Vancouver West Houses $2,176,300 1.5% 3.5% 4.1% 7.4% 13.7% 64.2%
TOWNHOUSEEast Vancouver    $504,4001.1% -2.6% -3.7%-0.5% 1.3% 22.2%
Vancouver West   $700,300 0.4% 0.5% -0.5% -0.4% 3.3% 26.3%
APARTMENTEast Vancouver   $318,7002.1% 3.2% 6.2% 4.5% 9.5% 23.3%
Vancouver West   $490,600 0.8% 4.0% 3.3%5.7% 4.0% 24.2%

*BENCHMARK PRICE: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market.


Click on Graph for Full 30 Year Historic Trend

Home sale and listing activity continue to chart a steady path for the region's housing market

VANCOUVER, B.C. – April 2, 2014 March home sales in Greater Vancouver outpaced last year's total yet lagged the region's historical average for the month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,641 on the Multiple Listing Service® (MLS®) in March 2014. This represents a 12.5 per cent increase compared to the 2,347 sales recorded in March 2013, and a 4.4 per cent increase compared to the 2,530 sales in February 2014.

Last month's sales were 17.2 per cent below the 10-year sales average for March of 3,190.

The sales-to-active-listings ratio currently sits at 18.2 per cent in Greater Vancouver, which is unchanged from last month.

"We continue to see steady and stable market conditions across the Greater Vancouver housing market," said Ray Harris, REBGV president. "There has been a consistent balance between home seller supply and home buyer demand in our marketplace over the last year."

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,281 in March. This represents a 9.1 per cent increase compared to the 4,839 new listings in March 2013 and a 12.4 per cent increase from the 4,700 new listings in February. Last month's new listing count was 5.9 per cent below the region's 10-year new listing average for the month.

The total number of properties currently listed for sale on the Greater Vancouver MLS® is 14,472, a 6.4 per cent decline compared to March 2013 and a 7.9 per cent increase compared to February 2014.

"Home prices in the region have experienced incremental gains in most areas and property types over the last 12 months," Harris said. "It's important to remember that this is a diverse marketplace and trends will vary depending on area and property type."
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $615,200. This represents a 3.7 per cent increase compared to March 2013.

Sales of detached properties in March 2014 reached 1,116, an increase of 19.6 per cent from the 933 detached sales recorded in March 2013, and a 5.7 per cent decrease from the 1,183 units sold in March 2012. The benchmark price for detached properties increased 4.2 per cent from March 2013 to $945,400.

Sales of apartment properties reached 1,106 in March 2014, an increase of 12.6 per cent compared to the 982 sales in March 2013, and a 7.1 per cent decline compared to the 1,191 sales in March 2012. The benchmark price of an apartment property increased 3.8 per cent from March 2013 to $375,800.

Attached property sales in March 2014 totalled 419, a 3 per cent decline compared to the 432 sales in March 2013, and a 16.2 per cent decline from the 500 attached properties sold in March 2012. The benchmark price of an attached unit increased 1.3 per cent between March 2013 and 2014 to $460,100.


The real estate industry is a key economic driver in British Columbia. In 2013, 28,524 homes changed ownership in the Board's area, generating $1.84 billion in spin-off activity and 13,977 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $22 billion in 2013. The Real Estate Board of Greater Vancouver is an association representing more than 11,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit  www.rebgv.org.

Information provided with permission by the Real Estate Board of Greater Vancouver (REBGV)

Vancouver Laneway Housing

A laneway house is a smaller, detached home located where the garage would normally go on a single-family lot (RS zones). Laneway houses contribute to the overall sustainability of the city. They give people more opportunities to live close to where they work, shop, and play, and they make the city's urban lanes more green, livable, and safe. Laneway housing also contributes to the amount of affordable rental housing available in the city. Laneway houses cannot be sold independently of the main house on the lot, there is no separate title for a laneway house, nor is it part of a strata lot (i.e. 1/2 duplexes, townhouse, or coach houses). a property is not subdivided when a laneway house is built.

Laneway housing in a snap shot - the history and current status  

City Of Vancouver Laneway Housing - City of Vancouver Main Page

City of Vancouver Laneway Housing - Fact Sheet     

City of Vancouver Laneway Housing - Guidelines

Laneway Housing Regulations - See Section 11.24 - Bylaw Regulations  

Laneway Housing Monitoring - Update March 2010               Update October 2010

Detailed checklist of application submission requirements - Construction of of Laneway House   

Laneway Housing Update - June 2013 Full Report - from City of Vancouver website:

This report concludes the review of the laneway housing (LWH) program in single family areas, as directed by Council, by providing an update on the LWH initiative and recommending amendments to the LWH regulations and guidelines to address key issues that have been identified though the monitoring of LWH development. The proposed amendments address impacts on neighbouring properties, provision of parking, livability of the units and length of the permitting process. They aim to improve the fit of LWH into neighbourhoods by:
• encouraging the development of more one storey LWH which have fewer impacts in terms of height and massing on neighbouring sites, are less expensive to build, and would provide improved access for those with mobility challenges;
• requiring one external permeable parking space to support the provision of on-site parking;
• providing more floor area for living and storage space; and
• streamlining the permitting process by allowing an outright review process for one storey LWH.
Additionally, this report recommends expansion of the LWH program to the remaining RS zones to equalize opportunity for LWH across all single family areas.

November 2010 - City of Vancouver Update on Laneway housing: Full report from the City of Vancouver Key Findings - Vancouver's First 100 Laneway Houses

  • 39 of the first 100 laneway houses were added onto sites while retaining the existing main house; 61 were part of total site redevelopment (a new laneway house and a new main house). Overall, for approximately every 8 new single family homes developed, 1 has included a new laneway house.
  • Of the first 100 laneway houses:
    - 67% are 1 bedroom units; 28% are 2 bedroom units; 5% are studio units.
    - 59% provide the minimum 1 onsite parking space; 41% provide 2 or more spaces.
    - Rental rates range between $1000 - $2100 for 1 – 2 bedroom laneway houses in varying locations, with varying quality of finishes. These rates are consistent with CMHC rent levels for recent, purpose-built rental housing projects.

July 28th, 2009 - City of Vancouver Council, approved unanimously, the plan to allow laneway housing. This will affect almost 70,000 single-family properties in Vancouver that are now potentially eligible to add a small house in their backyard. This has been a much debated about possible solution Vancouver's extremely low vacancy rate of .3%.

Concerns about livability, parking, density all come to a forefront with this hot topic. Is this the solution to Vancouver's problem of affordable housing? Read on.... Full story from Vancouver Sun & Vancouver Province.

Green Real Estate
For information about Green Real Estate and how you can make educated environmentally friendly decisions about your home, check out my new Green Living Section for some great Green links. Find out about grants for Green renovations.


Lisa MacIntosh Team - Personal Real Estate Corporation - Dexter Associates Realty
Phone: 604-263-1144 Fax: 604-263-6699
Medallion Club Member -
Top 10% of Realtors in Greater Vancouver
email: Lisa MacIntosh Copyright © 2013. All rights reserved.
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