2930 WOODLAND DR., VANCOUVER
ASKING PRICE $750,000
SELLING PRICE $785,000
PREVIOUS SELLING PRICE $440,000 (2005)
TAXES $3,117 (2010)
DAYS ON THE MARKET Six
CO-OP AGENT Keith Roy, Macdonald Realty
The Action: This 2,184-square-foot house lingered on the market at $825,000, so the price was dramatically reduced and the home relisted at $750,000, aiming to generate multiple offers quickly.
The tactic caught the attention of Keith Roy’s clients, who were determined not to lose another bid on a property and presented the seller with an offer of $785,000.
What They Got: Just a block west of Commercial Drive and a few houses north of Clark Park, this 21- by 88-foot lot accommodates a century-old residence with two three-bedroom suites, a fenced backyard and a carport off the rear lane.
Both levels have a kitchen, living and dining rooms, as well as a full bathroom and separate entrance. The owner's suite on the main floor also has a two-piece, master en suite, a wood burning fireplace in the living room and a rear walkout to a large covered deck.
The Agent’s Take: “With the dramatic increase in prices on the west side of Vancouver, a lot of young professional couples are buying older character homes in East Vancouver so they can be close to work and all the recreation available in Vancouver,” states Mr. Roy.
“This house is very central and nestled on a bike lane, close to Trout Lake park, Clark Park, transit on Knight Street and shopping on Commercial Drive.”