Today I get this envelope at my doorsteps from a realtor of Macdonald Realty. Turns out he listed a property in the complex I’m in. My complex, known as Bridge Garden, was built about a year ago and is made up of 22 town homes. I really didn’t expect any units to go back on the market so soon but Vancouver real estate is on fire right now.
I call up the realtor to ask for information about the unit. I don’t plan to buy it, I just wanted to see how much the owner was asking so I can get an idea on the value of my unit. The asking price was $528,000. That just about made my eyes popped out because the owner paid just $448,000 for his unit less than one year ago. Crazy huh?