Anshu Arora LLM, MSc, PMP

Cell 604-828-7331 | yourbcagent@gmail.com

Luxury RE-Defined

In the real estate industry, there could be quite different guidelines in individual markets to measure where the luxury market begins and the ordinary ends.

In the Vancouver area, for instance, million-dollar sales are quite ordinary therefore, the term “million dollar and up” is not a sufficient definition of luxury real estate. To define the luxury market as the top 10 percent of any market versus a fixed value, addresses the markets that have properties valued at less than that $1M fixed value but the term defines the class so broadly, it dilutes the very market we are trying to define and the “top ten percent” does not account for uniqueness.

A better definition of luxury home, starting point and qualifier of a luxury property declares it is two to three times the average price of all homes in a particular geographic market. Luxury properties are anything but average…the above definition guarantees that the properties it identifies are indeed luxury and are positioned at the top of the market.

- See more at: http://www.greatervancouverluxuryhomes.ca/luxury-homes-defined/#sthash.WyfzeLSX.dpuf


In the real estate industry, there could be quite different guidelines in individual markets to measure where the luxury market begins and the ordinary ends.

In the Vancouver area, for instance, million-dollar sales are quite ordinary therefore, the term “million dollar and up” is not a sufficient definition of luxury real estate. To define the luxury market as the top 10 percent of any market versus a fixed value, addresses the markets that have properties valued at less than that $1M fixed value but the term defines the class so broadly, it dilutes the very market we are trying to define and the “top ten percent” does not account for uniqueness.

A better definition of luxury home, starting point and qualifier of a luxury property declares it is two to three times the average price of all homes in a particular geographic market. Luxury properties are anything but average…the above definition guarantees that the properties it identifies are indeed luxury and are positioned at the top of the market.

- See more at: http://www.greatervancouverluxuryhomes.ca/luxury-homes-defined/#sthash.WyfzeLSX.dpuf


In the real estate industry, there could be quite different guidelines in individual markets to measure where the luxury market begins and the ordinary ends.

In the Vancouver area, for instance, million-dollar sales are quite ordinary therefore, the term “million dollar and up” is not a sufficient definition of luxury real estate. To define the luxury market as the top 10 percent of any market versus a fixed value, addresses the markets that have properties valued at less than that $1M fixed value but the term defines the class so broadly, it dilutes the very market we are trying to define and the “top ten percent” does not account for uniqueness.

A better definition of luxury home, starting point and qualifier of a luxury property declares it is two to three times the average price of all homes in a particular geographic market. Luxury properties are anything but average…the above definition guarantees that the properties it identifies are indeed luxury and are positioned at the top of the market.

- See more at: http://www.greatervancouverluxuryhomes.ca/luxury-homes-defined/#sthash.WyfzeLSX.dpuf

In the real estate industry, there could be quite different guidelines in individual markets to measure where the luxury market begins and the ordinary ends.



In Vancouver, for instance, million-dollar sales are quite ordinary therefore, the term “million dollars and up” is not a sufficient definition of Luxury real estate. To define our Luxury market as the top 10 percent of any market versus a fixed value, addresses the markets that have properties valued at less than that $1M fixed value but the term defines the class so broadly, it dilutes the very market we are trying to define and the “top ten percent” does not account for uniqueness.



A better definition of a Luxury home, starting point and qualifier of a luxury property declares it is three to four times the average price of all homes in any particular geographic market. Luxury properties are anything but average…these properties are unique and exquisite by way of either view, geographic location, architure, size & grandeur - Or in most cases, all of the above!



 If you have thought about Living and/or Investing here, I can provide you with all the information you need. If you have a place in mind, or would like me to find you that Luxe Home, contact me for a list of potential properties! You can also have you Home advertised on over 20+ websites, including


www.kingslistings.com

www.remaxbespoke.com

www.remax.ca

www.vancouvercondoking.com

www.luxurylandassembly.com





West Vancouver

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3369 THE CRESCENT
Shaughnessy Vancouver V6H 1T6

$15,998,000
Residential Detached beds: 6 baths: 8.0 7,409 sq. ft. built: 1912

Main Photo: 3369 THE CRESCENT in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2534743
Photo 1: 3369 THE CRESCENT in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2534743
Photo 2: 3369 THE CRESCENT in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2534743
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Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2534743
Bedrooms:
6
Bathrooms:
8
Year Built:
1912
Situated on one of Vancouver's most prestigious streets in the highly sought after neighbourhood of First Shaughnessy, this stunning property is one of only thirteen detached homes on The Crescent. Sitting proudly on an expansive northwest facing 22,653 square foot lot, the home offers over 6,700 square feet of gracious living space over four levels. With six bedrooms up, eight bathrooms, seven fireplaces, spacious principal rooms, a stunning modern eat-in kitchen, a games room and a library, there is plenty of room for family to spread out and enjoy. The walk out stone terrace with long views over the vast and extraordinarily private garden completes this stunning home, rich in tradition and beauty.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
1912 (Age: 109)
Total area:
7,409 sq. ft.
Total Floor Area:
7,409 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
2,283 sq. ft.
Floor Area Above Main:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
4.0
Rainscreen:
Bedrooms:
6 (Above Grd: 6)
Bathrooms:
8.0 (Full:6/Half:2)
Kitchens:
Rooms:
Taxes:
$45,434.9 / 2020
Lot Area:
22,653 sq. ft.
Lot Frontage:
109'
Lot Depth:
269 IREG.
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
Water Supply:
Plan:
VAP18121
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Fully Finished
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
7
Fireplace Details:
Parking:
Parking Total/Covered:
4 / -
Parking Access:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Main
Above
Above
Above
Above
Above
Above
Below
Clothes Washer/Dryer/Fridge/Stove/DW, Security System
Central Location, Private Setting, Private Yard, Shopping Nearby
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Reno / Year:
Completely / 2006
Units in Development:
Plumbing Details:
Services Connected:
Previous Price:
Original Price:
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Virtual Tour

Listed by Sotheby's International Realty Canada
Data was last updated April 22, 2021 at 01:10 PM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$9,744,000
Min list price:
$3,280,000
Max list price:
$35,800,000
Avg days on market:
64
Min days on market:
2
Max days on market:
567
Avg price per sq.ft.:
$1,605.79
These statistics are generated based on the current listing's property type and located in Shaughnessy. Average values are derived using median calculations.
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Anshu Arora
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.