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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2711 POINT GREY Road
Kitsilano Vancouver V6K 1A4

$14,900,000
Residential Detached beds: 4 baths: 6.0 4,870 sq. ft. built: 1994

Main Photo: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 1: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 2: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 3: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 4: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 5: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 6: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 7: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 8: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 9: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 10: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 11: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 12: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 13: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 14: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Photo 15: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2914487
Bedrooms:
4
Bathrooms:
6
Year Built:
1994
This is simply a world class property with plans & permits for a world class home. Evoke Architecture has designed an amazing 4400sf home, sitting on this waterfront 7,229sf lot, w/ sweeping 180 degree views of the North Shore Mountains & English Bay. This 2 year design and permitting process will save any prospective buyer not only time, but a considerable amount of money (Arch, Consultants, Demo, Cons Planning, Financing and City Fees). Natural Balance Home Builders is ready start the process in a matter of weeks, while still allowing any buyer to make cosmetic changes to suit their own tastes. Currently the plans feature a 4 car garage w/ car elevator & turntable, rooftop deck w/ hot tub, 28’ POOL, views from all 3 floors, & 4 bed, office, & den. Call for your private tour of the property. *Possible to reclaim 20% of lot size variance*
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
1994 (Age: 30)
Total area:
4,870 sq. ft.
Total Floor Area:
4,870 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
1,922 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:
4 (Above Grd: 3)
Bathrooms:
6.0 (Full:5/Half:1)
Kitchens:
Rooms:
Taxes:
$76,904.3 / 2021
Lot Area:
7,229.27 sq. ft.
Lot Frontage:
0'
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:
LMP6938
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Full
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplace Details:
Parking:
Parking Total/Covered:
3 / 2
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Main
Above
Above
Above
Bsmt
Bsmt
Central Location, Private Setting, Recreation Nearby, Shopping Nearby, Waterfront Property
Ocean, Mountain
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:
  • Photo 1: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
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  • Photo 7: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
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  • Photo 13: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
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  • Photo 15: 2711 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2914487
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Listed by Stilhavn Real Estate Services and Oakwyn Realty Ltd.
Data was last updated October 30, 2024 at 09:05 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$3,668,500
Min list price:
$2,128,000
Max list price:
$14,900,000
Avg days on market:
51
Min days on market:
2
Max days on market:
394
Avg price per sq.ft.:
$1,300.02
These statistics are generated based on the current listing's property type and located in Kitsilano. 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.