DROP ZONE

DROP ZONE
01 Mar 11

Arbutus Ridge home sells well below (yes, below) asking

DROP ZONE / Featured — 3 comments



It’s been easy for us to become jaded about reporting on the bidding wars and Sales Success we’ve seen on the west-side this year. “What’s that? 10% over asking price? We don’t get out of bed for less than 15% over.”

But amongst the crazy sales, there have also been some sellers struggling. The sub-$1 million condo market doesn’t seem to be nearly as hot. And we’ve seen a few sellers of single family homes settling for less than they wanted.

Such is the case with today’s Drop Zone candidate. Check out the Arbutus Ridge view-home that sold for significantly under its asking price, after the jump…
Continue reading →

DROP ZONE
02 Feb 11

Dropping millions from asking on Southwest Marine Drive

DROP ZONE / Featured — No comments

Recently we’ve been profiling a lot of Sales Successes – with houses on the west side going way over asking.

Heck – we’re even hearing about price jumps as sellers try to take advantage of the Spring hype that’s been building.

But fans of the Drop Zone – fear not – there are still properties that are dropping prices. Like today’s candidate, a Southwest Marine Drive home that’s shaved literally millions off its original asking price.

Pics and price drop details are below…
 Continue reading →

DROP ZONE
19 Jan 11

A sinking asking price on Deering Island

DROP ZONE / Featured — 1 comment



When a house isn’t selling, some sellers will go for the band-aid approach and drop a price significantly and quickly to spur interest.

But sometimes sellers can’t decide whether to fish or cut bait, and end up with a slow procession of small drops that can drag out the stress (and pain).

Such looks to be the case for today’s Drop Zone candidate, a waterfront Deering Island home that’s been on and off the market for months.

Pictures and details on the large cumulative drop, after the jump… Continue reading →

DROP ZONE
06 Jan 11

Dropping half a million from asking in Arbutus Ridge

DROP ZONE / Featured — 3 comments

Today’s Drop Zone candidate is a brand new mini-mansion in Arbutus Ridge.

It has all the bells and whistles you might expect of a custom home in an expensive neighbourhood, but it hasn’t had a buyer bite on its juicy asking price.

So now it’s shedding some zeros in search of a buyer. Check out pictures, details and a peak at the house that it replaced, all below…
Continue reading →

DROP ZONE
14 Dec 10

53rd floor Shangri-La condo slices price

DROP ZONE / Featured — 2 comments

Ho Ho Ho… Hoodsurf is on a reduced posting schedule for the holiday season. We’ll return to our regular schedule in the new year.

Today’s Drop Zone candidate sits way up in the sky at the Shangri-La, with a floor plan we love.

But it hasn’t been able to find a buyer for its ridiculous views, and has now dropped a juicy piece of its asking price to spur interest.

Below, lots of pics and details on the pricing for this unit in the sky…
Continue reading →

DROP ZONE
09 Dec 10

Putting green not enough to sell penthouse at Raffles

DROP ZONE / Featured — No comments

Today’s Drop Zone condo has some rare features for a unit in the sky, including a high-altitude putting green.

But the right golfer hasn’t come along for this penthouse, and it’s had to drop its asking price to try to attract a buyer.

Check out pictures of the very cool condo (no matter what you think of the putting green) and price details, below…
Continue reading →

DROP ZONE
08 Dec 10

Un-subtle Arbutus Ridge home drops a chunk off asking

DROP ZONE / Featured — No comments

Some homes aren’t afraid to put it all out there. And today’s Drop Zone candidate is a prime example.

Understated, this ain’t.

But so far, no one’s bought into the big, bold and brash Arbutus Ridge home.

Pictures and price drop details, after the jump…
Continue reading →

DROP ZONE
02 Dec 10

Eccentric Yaletown penthouse drops price in search of buyer

DROP ZONE / Featured — 1 comment

Today’s Drop Zone candidate is a loft penthouse in a renovated 1911 building in the heart of Yaletown – not the sort of property that generally wants for attention.

But it has some wacky features that may be narrowing its potential market of buyers. So its sellers have had to drop a significant chunk off its asking price.

Check out multiple pics of the good and the weird, as well as pricing details, all below…

Continue reading →

DROP ZONE
30 Nov 10

Asking price tumbles at stylish Marinaside townhome

DROP ZONE / Featured — No comments

Today’s Drop Zone candidate might be the quintessential False Creek North condo. It’s steps from Urban Fare and Provence, has a great patio and is styled in a modern and flashy palette befitting of downtown living.

But it’s having trouble meeting its price expectations, so has taken a hefty sum off of its asking price.

Lots of pictures and price details below…

Continue reading →

DROP ZONE
25 Nov 10

Kingswood townhouse lives in bizarro version of Vancouver market

DROP ZONE / Featured — 3 comments

A rising tide lifts all ships. It’s almost been true of Vancouver real estate in the past few years.

Pick any property in the city, compare prices from 4-8 years ago, and you’re likely to find a happy owner.

But we’ve got a wacky exception in today’s Drop Zone. It’s a townhouse at the uber-fancy Kingswood building in South Granville, and it lives in the bizarro world, where up is down.

Check out pictures and details on the rare investment in Vancouver real estate that didn’t pay off in the past decade, after the jump…

Continue reading →

← Older Entries

Switch to our mobile site