Blog

I have sold a property at 758 15TH AVE W in Vancouver.
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy. Open House Sun May 28th 2-4PM
Read Full Story
Please visit our Open House at 758 15TH AVE W in Vancouver.
Open House on Thursday, June 8, 2017 6:00PM - 7:00PM
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy. Open House Sun May 28th 2-4PM
Read Full Story
Please visit our Open House at 758 15TH AVE W in Vancouver.
Open House on Sunday, June 4, 2017 2:00PM - 4:00PM
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy. Open House Sun May 28th 2-4PM
Read Full Story
Please visit our Open House at 758 15TH AVE W in Vancouver.
Open House on Sunday, May 28, 2017 2:00PM - 4:00PM
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy. Open House Sun May 28th 2-4PM
Read Full Story
I have listed a new property at 758 15TH AVE W in Vancouver.
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy. Open House Sun May 28th 2-4PM
Read Full Story
Please visit our Open House at 758 15TH AVE W in Vancouver.
Open House on Tuesday, May 23, 2017 6:30PM - 7:30PM
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy.
Read Full Story
Please visit our Open House at 758 15TH AVE W in Vancouver.
Open House on Tuesday, May 16, 2017 10:00AM - 12:00PM
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy.
Read Full Story
Please visit our Open House at 758 15TH AVE W in Vancouver.
Open House on Sunday, May 21, 2017 2:30PM - 4:30PM
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy.
Read Full Story

Over the last couple of years many of my clients that are having children and starting a family have been leaving the city of Vancouver and moving to other parts of the lower mainland. The reason for this is because Vancouver has a serious housing supply issue in general, but more specifically a problem with what I referred to as ground oriented housing. What is ground oriented housing? It is exactly what the name implies. It is a home with it’s main entrance located at grade or a few steps away from from grade. An example of this type of housing would be row townhomes similar to those found in Europe.

I believe that, now more than ever, there is a need for this style of housing. Our single family neighbourhoods have become very expensive and they are simply out of reach of many working families. This form of housing can be made more affordable through densification and by making the homes ultra efficient.

The next question is where do we build this style of housing? I have identified a few locations in the city. The official community plan or OCP for this street calls for row townhomes in many areas. I have a floor plan for a 1,300 square foot 3 bedroom townhome that could be built up and down these areas. This would keep the housing more affordable and allow more people to enjoy this very desirable neighborhood.

If you live on an arterial road and like the idea of building housing within the reach of working families, please feel free to give me a call. I would be happy to walk you through the floor plans and discuss what you could sell your property for.

You can contact me anytime at 604-808-9796 and as always thank you so much for listening today.

Post CommentComments: 0Read Full Story

Get 12 Sold Homes: http://davidsetton.com/what-is-sellin...

What’s hot in the Kitsilano Single Family for May 2017
- The Van Westside Single Family market has transitioning from buyers to balanced. market.
- Kitsilano has been doing exceptionally well and is now favouring sellers. 
- 12 Homes sold in Kits last mo.
- least expensive home sold for $1.89M. which would have bought a 107 yr old home on Cypress & 5th Ave - most expensive sold for $3.6M for another 100 yr old home on 1st Ave & Dunbar.
- only 44 homes were available and on the market in Kits in Feb so to have 12 sales puts us in a seller’s market at a 27% sr
- Sold values in Kits are at $2.9M lower than the median price for a home in the Westside - now at $3.2M.
If you like to take a look at these sales, I have a new package you can download at the link below map locating them and photos and details for each property. specialize

Post CommentComments: 0Read Full Story

Download your own Stats Package Here: http://davidsetton.com/snapstats.html

What’s hot What’s Not – Vancouver Westside – Single Family for May 2017
- Westside single fam market remains in a balanced market. Right where it should be.
- Median Prices came down 5% in April to $3.2M
- 111 homes sold in April
- Inventory still low only 561 single family homes available

What’s Hot (21% or more for a SR)
- which areas are strongest - Quilchena and Dunbar
- Dunbar 18 / 68 sold 26% sales Ratio 21% or more
- Quilchena 7 / 23 sold 30% sales ratio
- price point strongest & fav sellers
- $2.25M - 2.5M 12 / 12 100% sr
- $3M - $3.5M 20 / 57 35% sr

What’s not hot (14% or less for a SR)
- Southlands 2 / 25 - 8% sr
- Shaughnessy 2 / 62 sold - 3% sr
- which price category
- anything over $4.5M - buyers market - 210 homes priced over $5M - only 16 sold. 8% sr. anything under 14% is a buyers market

Post CommentComments: 0Read Full Story
Please visit our Open House at 758 15TH AVE W in Vancouver.
Open House on Thursday, May 18, 2017 6:30PM - 7:30PM
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy.
Read Full Story
I have listed a new property at 758 15TH AVE W in Vancouver.
You will feel a true sense of community in this family friendly, well maintained building. This home fronts a quite tree-lined street in one of Vancouver's most desirable areas. The three bedroom townhome comes with two parking stalls, yet this location is so convenient you may never want to drive again. Walk to Whole Foods, Douglas Park Community Centre and the new Cambie Skytrain Station, or simply enjoy a cappuccino at the Willow Bakery or Tandem Bike Cafe just outside your front door. Enjoy mountain views from the upper floors. Schools in the area include L'Ecole Bilingue and Eric Hamber Secondary School. A secure storage locker and bike room help to keep your townhome neat and tidy.
Read Full Story

Learn How Money Works (quiz): https://howmoneyworks.com/setton

Attend a Finance Event: https://capitolhillofficeevents.eventsmart.com/events/

Housing affordability is a hot topic in Vancouver and I wanted to take a few minutes to talk about it and throw out 3 ideas that could be implemented to solve this issue. I am a real estate agent in Vancouver and I know first hand how challenging it is becoming for families to live in this beautiful city. Let’s dive right into this. Here are the three steps that I would suggest:

1) Prefab housing. What is this this? Do you remember playing with erector sets when you were a kid? This method of building housing has been around for years and is being implemented in other parts of the world like Europe, China and Israel. It essentially allows construction to be fast, efficient and systematized by manufacturing construction components off-site and assembling those components using a crane and minimal labour. Steel frame and hollow core concrete slabs can cut the time and cost to build a building dramatically.

2) Fast track building permits. How long do you think it takes to gain approval for a highrise development in Vancouver? If a rezoning is part of the process, which it usually is, it can take 6 or 7 years from the time a developer envisions a project to the time buyers actually take possession and move in. This entire process needs to be streamlined and the city has to cut the red tape and fast track the public consultation process.

3) Reducing the cost of building permits, development cost charges and community cost charges. Did you know that when a land assembly happens in Vancouver, the homeowners selling their homes at high values do not participate or give back to the community for the extra value the city has created through the rezoning? It is up to the developer to pay the higher land cost and pay the city the community cost charge. This cost is in turn passed on to the end user or purchaser of the condominiums that are ultimately built. If we want affordability, all of these charges need to be dramatically reduced.

As a final note, I wanted to mention the alternative to finding affordability is to find a way to generate more individual or family income. Average family incomes are $60k to $70k in Vancouver. Obviously, with the cost of housing where it is in Vancouver, average income families can no longer own a home. We have to look for additional means of income and understand how money works. If you want to see how financially literate you (take the quiz) are or if you are looking for a new carrier my wife, Alison, is growing a financial company that is looking for ethical, hardworking individuals and you can reach out to her through the link below this video.

Post CommentComments: 0Read Full Story

download 9 home sales here: http://davidsetton.com/what-is-selling-in-kitsilano.html
- The Van Westside Single Family market has transitioning from buyers to balanced market
- Kitsilano has been doing exceptionally well and is now favouring sellers.
- 9 Homes sold in Kits last mo.
- least expensive home sold for $2.1M. which would have bought you a small, older home on 7th ave - most expensive sold for $4.3M for a 4,500sf beaut restored character home on 14th Ave.
- only 40 homes were available and on the market in Kits in Feb so to have 9 sales puts us just into a seller’s market at a 23% sr
- Sold values in Kits are higher at $2.9M lower than the median price for a home in the Westside - now at $3.5M.
If you like to take a look at these sales, I have a new package you can download at the link below map locating them and photos and details for each property. specialize phone number 604-808-9796

Post CommentComments: 0Read Full Story

Get your Statistics here: http://davidsetton.com/snapstats.html
What’s hot What’s Not – Vancouver Westside – Single Family for April 2017
- Westside single family market has moved from a buyer’s market in January to a balanced in March
- Median Prices jumped up 22% in 2 months to $3.5M
- 95 homes sold in March
- doesn't sound like a lot, but only 532 homes were available
What’s Hot (21% or more for a Sales Ratio (SR))
- In Jan, not one neighbourhood was favouring sellers. In March, 9 neighbourhoods favouring sellers
- which areas are strongest - Arbutus and Dunbar
- Dunbar 23 / 62 sold 37% sales Ratio 21% or more
- Arbutus 6 / 20 sold 30% sales ratio
- price point strongest & favouring sellers
- $2.00M - 2.25M 4 / 8 50% sr
What’s not hot (14% or less for a SR)
- South Granville 5 / 70 - 7% sr
- Shaughnessy 3 / 61 sold - 5% sr
- which price category
- anything over $4M - buyers market - 202 homes priced over $5M - only 16 sold. 8% sr. anything under 14% is a buyers market

Post CommentComments: 0Read Full Story
I have sold a property at 207 2355 BROADWAY W in Vancouver.
Thought you'd never find what you were looking for? This bright, clean and very well designed one-bedroom home has it all. A convenient location in the heart of Kitsilano, tons of insuite storage and a quiet interior thanks to triple-paned windows and double doors leading out to the balcony. You're going to love that there is a "real" kitchen that is large enough for two cooks with ample cabinetry. There is even a technology package by Control4 to automate your lighting, door locks or fireplace for those who travel or wish to save power. Pets are welcome in this well maintained boutique building with a proactive strata council that has recently had an engineering study completed. Secure underground parking.
Read Full Story

Get 15 Sales here: http://davidsetton.com/what-is-selling-in-kitsilano.html

What’s hot in the Kitsilano Single Family for March 2017

- The Van Westside Single Fam market picked up in Feb transitioning from buyers to bal. mrk.

- Kitsilano did exceptionally well and is now fav sellers.

- 15 Homes sold in Kits last mo.

- least expensive home sold for $2.1M. which would have renovated older home on 10th ave

- most expensive sold for $17M for a 42’ wide piece of land on PT Grey Rd.

- only 36 homes were available and on the market in Kits in Feb so to have 15 sales puts us in strong seller’s market at a 42% sr

- Sold values in Kits are higher at $3.3M than the median price for a home in the Westside - now at $3.1M. First time that I have seen this.

If you like to take a look at these sales, I have a new package you can download at the link below map locating them and photos and details for each property. specialize ph num


Post CommentComments: 0Read Full Story

Download Report Here: http://www.davidsetton.com/snapstats.html

What’s hot What’s Not – Vancouver Westside – Single Family for March 2017

- Westside single fam market has moved from a buyer’s market in Jan to a balanced in Feb

- Median Prices jumped up 10% in 1 mo. to $3.1M

- 93 homes sold in Feb

- doesn't sound like a lot, but only 544 homes were available

What’s Hot (21% or more for a SR)

- In Jan, not one neighbourhood was fav sellers.  In Feb, 4 neighbourhoods fav. sellers

- Num of sold homes are up 151% in 1 mo.!

- which areas are strongest - Kits and PT Grey

- Kits 15 / 36 sold 42% sales Ratio 21% or more

- special report on kits - link above

- price point strongest & fav sellers

- $2.25M - 2.5M          10 / 10          100% sr

What’s not hot (14% or less for a SR)

- South Granville 5 / 67 - 7% sr

- Shaughnessy 2 / 68 sold - 3% sr

- which price category

- anything over $4.5M - buyers market -  212 homes priced over $5M  - only 8 sold. 4% sr. anything under 14% is a buyers market


Post CommentComments: 0Read Full Story
Please visit our Open House at 207 2355 BROADWAY W in Vancouver.
Open House on Saturday, February 25, 2017 2:00PM - 4:00PM
Thought you'd never find what you were looking for? This bright, clean and very well designed one-bedroom home has it all. A convenient location in the heart of Kitsilano, tons of insuite storage and a quiet interior thanks to triple-paned windows and double doors leading out to the balcony. You're going to love that there is a "real" kitchen that is large enough for two cooks with ample cabinetry. There is even a technology package by Control4 to automate your lighting, door locks or fireplace for those who travel or wish to save power. Pets are welcome in this well maintained boutique building with a proactive strata council that has recently had an engineering study completed. Secure underground parking.
Read Full Story