To learn more about me click here: http://davidsetton.com/biography.html
Renovation mistakes.
forgetting to get permits and strata approval if required
going overboard on luxury items
to make it get too specific to your taste
sacrificing practical for aesthetics vessel sinks water goes everywhere but into sink
spending too much - over budget - resale
not going to residential developers display suites for ideas - instead looking at mag.
not enough planning especially when it comes to lighting and ceiling lights
strive for perfection - constr. craft not a science
not finishing the renovation
Download statistics specific to your community and price point here: https://davidsetton.com/market-updates.html
What’s hot What’s Not – Vancouver Westside – Single Family for Dec 2014
We transitioned from seller’s market in Oct to balanced in Nov - last month predicted values $2.6M. Avg price last mo. $2.6M up from Sept $2.320M. 115 sold / 626 Record
What’s Hot (21% or more for a SR)
- Dunbar - remains hot – 30% SR – 19 / 64
- Kitsilano - 37% - 7 / 19
- Mac Heights - 45% 10 / 22
- $1.5M - $1.75M - 100% SR smok 17 / 17 sold
- $1.75M - $2M - lots of act. 13 / 34 - 38% SR
- tells me land land, land
- $2.5M - $2.75M and $4M - $4.5M fav sellers
What’s not hot (14% or less for a SR)
- high end luxury market still very cool
- $4.5M - $5.0M - 7% with 3 / 42 sold
- $5M+ lots of inventory 9 / 109 - 8% SR
- Oakridge - 2 / 23 - 9% SR
- Shaughnessy - 8 / 77 - 10% SR