Most hopeful blurb of the day...
Priced to sell is this immaculate Renfrew Heights bungalow boasting 3 bdrms up plus a 2 bdrm basement suite. Features 14 year old kitchen overlooking the sundrenched South facing backyard, updated bathroom, hardwood floors on the main, double glazed windows plus a superb location, half block to Gladstone Elementary & within walking distance to the Skytrain.$595,000.00 2610 E 21ST AV MLS® V724803
It may have been priced to sell last spring, but those days are so over. Chop $80K off, and you might get some action, but you better be quick! That 14 year old kitchen is almost 15 years old, and that doesn't sound like such a great feature. Where is the granite? The stainless steel, and oiled glass? And that sun-drenched back yard is a faint memory until next June. By that time, you will be glad to sell for $395k.
MLS® V726475 may well be one of the "better" deals out there. This is a fairly quiet area, and there is purportedly an 8,321 sq ft lot for $555k. The lot seems quite irregular, but it is smoking big.
Things are definitely moderating, but there is a long way to fall yet.