4498 W 11th Ave, Vancouver
3,532sqft SFH; built 2010; 43x121ft (5,256sqft) lot
Ask price: $3,798,000
Sale price: $3,663,000
$1,037 per sqft
Listed 6 Apr 2011; Sold 29 Apr 2011

View from front of this house is directly into the car park behind the BMO branch at 10th and Sasamat. Very convenient, when it comes to depositing those $16,000 mortgage cheques, each month, for the next 30 years…
It’s a nice looking house, but what is it ‘worth’?
Yeah, sure, “Whatever someone will pay for it”, but what would someone be prepared to pay for it sans speculative mania?
This is the kind of property that we could see losing 66% of its ‘value’.
– vreaa