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.dpufIn 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.dpufIn 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.dpufIn 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
5515 Kingston Road
Vancouver
V6T 1J2
$19,800,000
Residential
beds: 7
baths: 8.0
7,679 sq. ft.
built: 2009
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R2979213
- Bedrooms:
- 7
- Bathrooms:
- 8
- Year Built:
- 2009
- Photos (3)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Residential
- Dwelling Type:
- Single Family Residence
- Home Style:
- Two Levels
- Manufactured Type:
- Signup
- Year built:
- 2009 (Age: 16)
- Living Area:
- 7,679 sq. ft.
- Floor Area - Unfinished:
- Signup
- Floor Area - Detached 2nd Residence:
- Signup
- Building Area - Total:
- 7,679 sq. ft.
- Levels:
- Two
- Rainscreen:
- Signup
- Bedrooms:
- 7 (Above Grd: 4)
- Bathrooms:
- 8.0 (Full:7/Half:1)
- Kitchens:
- Signup
- Rooms:
- Signup
- Taxes:
- $84,147.49 / 2024
- Lot Area:
- 23,449 sq. ft.
- Lot Frontage:
- 131'
- Lot Details:
- 131 x 179
- Exposure / Faces:
- Signup
- Rear Yard Exposure:
- Signup
- Outdoor Area:
- Fenced, Balcony
- Pad Rental:
- Signup
- # or % of Rentals Allowed:
- Signup
- Water Supply:
- Signup
- Plan:
- VAP6034
- Construction Materials:
- Frame Wood, Stucco
- Foundation:
- Signup
- Basement:
- Signup
- Full Height:
- Signup
- Crawl Height:
- Signup
- Roof:
- Signup
- No. Floor Levels:
- 2.0
- Floor Finish:
- Signup
- Floor Area Fin - Above Grade:
- Signup
- Floor Area Fin - Above Main:
- 2,493 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 2,772 sq. ft.
- Floor Area Fin - Below Main:
- Signup
- Floor Area Fin - Below Grade:
- Signup
- Floor Area Fin - Basement:
- Signup
- Floor Area Fin - Total:
- 7,679 sq. ft.
- Heating:
- Signup
- Cooling:
- Air Conditioning
- Fireplaces:
- 2
- Fireplace Details:
- Gas
- # Of Garage Spaces:
- 2.0
- Patio And Porch Features:
- Patio, Deck
- Parking Features:
- Garage Double, Front Access, Garage Door Opener
- Parking:
- Garage Double
- # Of Parking Spaces - Total:
- Signup
- # Of Covered Spaces:
- Signup
- Parking Total/Covered:
- 6 / 2
- Title to Land:
- Freehold NonStrata
- Flood Plain:
- Signup
- Suite:
- Signup
- Central Vacuum
- Balcony, Private Yard
- Sauna/Steam Room
- MOUNTAIN & WATER
- Sauna/Steam Room
- Shopping Nearby
- Security System
- 2
- Air Conditioning, Garage Door Opener, Window Coverings, Central Vacuum, Security System
- Air Conditioning, Dishwasher, Refrigerator, Cooktop, Sauna/Steam Room, Cooling
- Washer/Dryer, Dishwasher, Refrigerator, Cooktop, Oven
- Window Coverings
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Council Approval:
- Signup
- Income Per Annum:
- Signup
- Oper. Expenses:
- Signup
- Net Operating Income:
- Signup
- Age Restrictions:
- No
- Dist to Public Trans:
- Signup
- Dist to School Bus:
- Signup
- Property Disclosure:
- Signup
- Fixtures Leased:
- Signup
- Fixtures Removed:
- Signup
- Home Owners Association:
- No
- Land Lease:
- No
- Zoning:
- Signup
- Access to property:
- Signup
- Utilities:
- Electricity Connected, Natural Gas Connected, Water Connected
- Telephone Service:
- Signup
- Electricity:
- Yes
- Fencing:
- Signup
- Sewer:
- Public Sewer, Sanitary Sewer, Storm Sewer
- Plumbing Details:
- Signup
- Sketch Attached:
- Signup
- Restrictions:
- Signup
-
Photo 1 of 3 -
Photo 2 of 3
-
Photo 3 of 3
- Listings on market:
- 184
- Avg list price:
- $1,297,000
- Min list price:
- $668,800
- Max list price:
- $31,770,000
- Avg days on market:
- 46
- Min days on market:
- 2
- Max days on market:
- 384
- Avg price per sq.ft.:
- $1,260.03
- Anshu Arora
- Re/Max Central
- 1 (604) 8287331
- yourbcagent@gmail.com
Anshu Arora
When you are ready to see a listing in person, or just have a simple question, please don't hesitate to contact me!
Contact Me
Anshu Arora
Cell 604-828-7331
#1 5050 Kingsway St
Burnaby, BC
V5H 4C2