Renovated Vancouver house sets sales record in neighbourhood

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3488 HIGHBURY ST., VANCOUVER

LISTING PRICE

$2.780-million

SELLING PRICE

$3.288-million

DAYS ON MARKET

Five

TAXES

$7,266

LISTING AGENT

Bryan Yan, Regent Park Realty

The Action: The sale set a record for highest price in the area for a Vancouver Special, says listing agent Bryan Yan. It out-sold other recent Vancouver Specials; one at 3556 W. 17th, which sold for $2.29-million, and another 3622 W. 19th, which sold for $2.61-million, according to Mr. Yan. To get the best price, he believes in listing high.

What They Got: The 2,368-square-foot house, built 39 years ago, sits on a 33-by-121-foot corner lot. The house was renovated in 2007, with two new kitchens, three new bathrooms, double-glazed windows, new roof, granite counter tops, six bedrooms, sundeck off kitchen, garage, and vaulted ceilings. It's located near Lord Byng secondary and Queen Elizabeth elementary schools.

The Agent's Take: The market has shown no sign of slowing, and has gone "bonkers," according to Mr. Yan. "It's like a moving locomotive and it can't stop. It's too powerful because there's that much money coming here."