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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1762 ACADIA Road
University VW Vancouver V6T 1R3

$11,880,000
Residential Detached beds: 6 baths: 8.0 6,326 sq. ft. built: 2018

Main Photo: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 1: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 2: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 3: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 4: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 5: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 6: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 7: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 8: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 9: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 10: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 11: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 12: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 13: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 14: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 15: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Photo 16: 1762 ACADIA Road in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2863299
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2863299
Bedrooms:
6
Bathrooms:
8
Year Built:
2018
Experience a heightened standard of living in this exquisite home. Seamlessly blending traditional and modern design elements to create a perfect harmony of the past and present. A warm, elegant living space ideally suited to the needs of today's modern family. Chef's kitchen features handcrafted historic cabinets & top-of-the-line appliances WOLF & Miele. The adjoining nook opens up to a lovely patio, where can host outdoor gatherings & entertainment. Upstairs 3 spacious ensuite bdrms, providing both comfort & privacy. The basement is thoughtfully designed for your enjoyment, with recreation room, media rm, wet bar complete w/ wine cellar, & 3 additional ensuite bdrms, offering flexibility for your family's needs. Don't miss the opportunity to make it yours.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
2018 (Age: 6)
Total area:
6,326 sq. ft.
Total Floor Area:
6,326 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
2,266 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:
6 (Above Grd: 3)
Bathrooms:
8.0 (Full:6/Half:2)
Kitchens:
Rooms:
Taxes:
$42,676.37 / 2023
Lot Area:
14,000 sq. ft.
Lot Frontage:
80'
Lot Depth:
175.00
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcny(s) Patio(s) Dck(s), Fenced Yard
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
VAP5449
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Fully Finished
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
2
Fireplace Details:
Parking:
Parking Total/Covered:
4 / 2
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Main
Above
Above
Above
Bsmt
Bsmt
Bsmt
Bsmt
Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Garage Door Opener, Heat Recov. Vent., Oven - Built In, Security System, Smoke Alarm, Sprinkler - Fire, Vacuum - Built In, Wet Bar
Central Location, Private Yard, Recreation Nearby, Shopping Nearby
Air Cond./Central, Garden, In Suite Laundry
forest, mountain from upstairs
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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Virtual Tour

Listed by Dracco Pacific Realty
Data was last updated October 22, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$8,043,500
Min list price:
$880,000
Max list price:
$26,880,000
Avg days on market:
66
Min days on market:
5
Max days on market:
291
Avg price per sq.ft.:
$1,343.59
These statistics are generated based on the current listing's property type and located in University VW. 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.