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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4687 MARGUERITE Street
Shaughnessy Vancouver V6J 4G7

$19,800,000
Residential Detached beds: 7 baths: 7.0 8,795 sq. ft. built: 2017

Main Photo: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 1: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 2: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 3: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 4: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 5: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 6: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 7: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 8: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 9: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 10: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 11: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 12: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 13: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 14: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 15: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 16: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 17: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 18: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 19: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 20: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 21: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 22: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 23: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 24: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 25: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 26: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 27: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 28: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 29: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 30: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 31: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 32: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 33: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 34: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 35: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 36: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 37: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 38: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 39: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Photo 40: 4687 MARGUERITE Street in Vancouver: Shaughnessy House for sale in "SHAUGHNESSY" (Vancouver West)  : MLS®# R2572760
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2572760
Bedrooms:
7
Bathrooms:
7
Year Built:
2017
Located on an expansive corner lot in the sought-after enclave of Shaughnessy, this stately stone-clad manor exudes sophistication and modern elegance. Designed by architectural firm, Formwerks, to optimize the 8600sf layout for both privacy and entertaining. Timeless interiors by HB Design pair traditional influences with a rich contemporary material palette. Luxuriously appointed lifestyle amenities include a state-of-the-art fitness studio, 1000-bottle wine cellar, and an indoor space that seamlessly integrates with an outdoor kitchen + lounge; the grounds also feature a stunning zero-edge pool and a verdant, landscaped garden. Complete with an exquisite laneway home, this property is sure to impress.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
2017 (Age: 4)
Total area:
8,795 sq. ft.
Total Floor Area:
8,795 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
2,371 sq. ft.
Floor Area Above Main:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
4.0
Rainscreen:
Bedrooms:
7 (Above Grd: 7)
Bathrooms:
7.0 (Full:7/Half:0)
Kitchens:
Rooms:
Taxes:
$56,898.1 / 2020
Lot Area:
14,762 sq. ft.
Lot Frontage:
83'
Lot Depth:
179
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
Water Supply:
Plan:
VAP6011
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Fully Finished
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
5
Fireplace Details:
Parking:
Parking Access:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Main
Above
Above
Above
Above
Below
Below
Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/DW, Drapes/Window Coverings, Fireplace Insert, Oven - Built In, Pantry, Range Top, Vaulted Ceiling, Wine Cooler
Central Location, Private Setting, Private Yard, Recreation Nearby, Shopping Nearby, Treed
Exercise Centre, Pool; Outdoor
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Units in Development:
Plumbing Details:
Services Connected:
Previous Price:
Original Price:
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Listed by Rennie & Associates Realty Ltd.
Data was last updated May 11, 2021 at 03:10 AM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$9,890,000
Min list price:
$3,280,000
Max list price:
$35,800,000
Avg days on market:
51
Min days on market:
3
Max days on market:
585
Avg price per sq.ft.:
$1,699.29
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.