Blog by Michael Giesbrecht

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North Vancouver Luxury Real Estate

Beachview Dr 958.jpgProspect Ave 1099.jpg

Lowry Lane 550.jpg
May 2003 marked the first time a home in North Vancouver sold for at least $2,000,000.  The top picture in this post is that home, located at 958 Beachview Dr.  It was a 4-bedroom, 5-bathroom home sitting on a ½ acre lot right on the waterfront.  Since that sale, there have been 80 others over $2,000,000 and of those, 45 have occurred since 2010 and 31 have occurred since January 2011.  The most recent was at 1099 Prospect Ave, located in the Canyon Heights area.  It is the second picture in this post and offered 4 bedrooms, 7 bathrooms and 5,600 square foot of living on a 9,000 square foot lot.  The most expensive home to sell to date is 550 Lowry Lane, which sold in April of last year for $6,200,000. It is the third picture in this post and was a 6,500 square foot home right on the waterfront.   It even offered a covered boathouse and an adjoining float.  Will 2012 be the year to break through the $7,000,000 barrier?  Will there be more than 31 sales for over $2,000,000?  Time will tell...

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