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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3416 CEDAR Crescent
Shaughnessy Vancouver V6J 2R3

$18,880,000
Residential Detached beds: 5 baths: 7.0 6,260 sq. ft. built: 2008

Main Photo: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 1: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 2: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 3: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 4: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 5: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 6: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 7: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 8: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 9: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 10: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
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Photo 12: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
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Photo 17: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
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Photo 24: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
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Photo 32: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 33: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 34: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Photo 35: 3416 CEDAR Crescent in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2805297
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2805297
Bedrooms:
5
Bathrooms:
7
Year Built:
2008
Luxurious custom built world class mansion in most prestigious FIRST SHAUGHNESSY area! Superior standards with high quality materials, workmanship & appliances on a sensational open floor plan sprawled over 4 levels. Situated on a large lot 14,659 SF, boasts 6260 SF elegant living space. This beautiful home with professional exterior and interior design, offers Gourmet Chef's Kitch w/high-end cabinetry and all top brand appls, delightful eating area with cozy bay windows; Master bdrm is oversized with walk in closet and spa like ensuite. Eclipse French Drs, inset panelling, Wine Cellar, Media rm, swimming pool, Jaccuzi & outdoor Cabana. Beautiful landscaped garden. Meticulous attention to detail. Truly a masterpiece of craftsmanship & architectural splendour.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
2008 (Age: 16)
Total area:
6,260 sq. ft.
Total Floor Area:
6,260 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
2,340 sq. ft.
Floor Area Above Main:
Floor Area Above Main 2:
Floor Area Detached 2nd Residence:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
3.0
Rainscreen:
Bedrooms:
5 (Above Grd: 5)
Bathrooms:
7.0 (Full:4/Half:3)
Kitchens:
Rooms:
Taxes:
$71,216 / 2023
Lot Area:
14,659 sq. ft.
Lot Frontage:
90'
Lot Depth:
162.78
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcny(s) Patio(s) Dck(s)
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
VAP4502
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Fully Finished
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
4
Fireplace Details:
Parking:
Parking Total/Covered:
3 / 3
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Main
Above
Above
Above
Below
Below
Below
Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Drapes/Window Coverings
Central Location, Private Setting, Private Yard, Recreation Nearby, Shopping Nearby
Air Cond./Central, Pool; Outdoor, Sauna/Steam Room, Swirlpool/Hot Tub
some city & mountain views
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 eXp Realty
Data was last updated May 23, 2024 at 09:10 AM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$8,290,000
Min list price:
$4,149,000
Max list price:
$25,880,000
Avg days on market:
103
Min days on market:
2
Max days on market:
815
Avg price per sq.ft.:
$1,451.85
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
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.