BC’s Most Expensive Homes
The North Shore is now boasting more Millionaires than ever before. The North Shore News states that “A million dollar property is the new norm” well they are right! The average assessed value of a detached home is now $1,072,000 up from $936,000 in 2007. Currently there are over 14000 homes on the north shore that are worth over $1mill….Do you own one of them? FIND OUT
2007 District of North Vancouer Homes Over $1million = 1,301 2008 = 2891
In the City of North Vancouver the number of home owners that joined the Millionaires Club tripled from 97-318.
3330 Radcliffe Ave has the highest assessed value in West Vancouver and recently sold for $30 Million dollars. Nine of the top 20 assessments in the province are in West Vancouver, including nearby homes on the water at 2588 Bellevue Ave., 3110 Travers Ave., 130 Oxley St., 4351 and 4343 Erwin Dr., 6151 St. George’s Cres., 4147 Ferndale Ave. and 1690 Marlowe Pl. in the British Properties.
In the District of North Vancouver, the value of an average single-family home rose from $750,835 last year to $858,000 in 2008. Townhouses were up from just under $516,000 to $589,000. In the City of North Vancouver, an average single-family home is now worth just under $767,000 while a townhouse is worth $586,000 and an average condo is valued at just under $365,000.
* Source Jane Seyd, North Shore News Published: Friday, January 11, 2008
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