THIS PROPERTIES IS NOW SOLD For Property Information

We are pleased to report that the property sold for more than the asking price of $1,798,000. With multiple offers competing at the same time. The sale price is the highest in the last 90 days (sold on August 31st, 2022, and updated in November 2022*).

This was a particularly interesting project because, from the perspective of the macro market, the market has been experiencing downward pricing pressure as a result of a steadily declining number of sales. Due to the abundance of competitors offering products in a similar price range, attracting enough qualified buyers in the first week is a challenge.. Most importantly, it was clear that the tenants had allowed the house to fall into disrepair and lack of maintenance.

We worked with the owner to find the tenant a new home, then executed an home update project efficiently that gave a new life to the property.

End Results: 

• • • Over 60 showings in 2 days
    • 4 written concurrently competing offers
    • Sold in 6 days
    • Sold for $1,802,800, the highest sale price in West Cambie (against comparable properties)*
      • • Subject Property, 9520 Capella Drive Sold for $1,802,800 
        • Immediate neighbour, 9500 Capella Drive sold for $1,550,000

Pre-Market Condition: