Absurd Vancouver Property (December 19, 2013)
Dancing with the Stars’ Karina Smirnoff bought herself an early Christmas present this year. The professional dancer purchased this gorgeous Hollywood Hills home for $1.25 million dollars.
The Mediterranean-style house, built in 2004, has views of the Hollywood sign from its 1,914 square feet of living space. There’s an eight-person jacuzzi for soaking in after a night performing on “Dancing” and a pool table and bar in the games room.
In Vancouver, for just $50K more, you could purchase this Crackhouse-style (it’s an architectural motif that is making a comeback for 2014) home:
Located on East 14th Avenue, this 4 bedroom house “still is livable”. Hmmm…I’ll bet I could huff and puff this one down.
Vancouver…are you f*%king kidding me??!!
the thirties grind 
LOL at the “still livable” description. What else could I want? Kind of wish they had pictures of the inside. They might have been able to start a bidding war!
You’d have to be on crack to buy it.
This is dangerous for Vancouver-ites, the world knows Greater Vancouver Area has over-valued our real estate as high as 60% above world levels
we have seen these signs before, (U.S. 2008 Melt down)
lets consider:
Average person is $16,000+ in debt, http://business.financialpost.com/2013/10/29/canada-debt-rbc-survey/
The average home is Over Valued in Canada, http://www.canadianrealestatemagazine.ca/news/item/1827-report-canadian-real-estate-60-overvalued
People, we need to start smartening up.
Buy property that you can afford.
get away from the materialistic buy, buy, buy
Live simply and work towards your goals…
Is this house for 1.25M-500K=750K? I went to the realtor.ca website and (did I see this right?), it was for 1.3M??? Did I miss the boat? Darn, should have put an offer in sooner. May be it’ll be on sale again during Boxing Day. /sarc off.
Whoops…thanks for the catch. Should have read “for 50K more”. I’ve revised. You’re right, though…could be a door crasher on Boxing Day!!
Whew, I thought the market had crashed with an ask of $725K before you corrected it. The $1.3M is in line with the insanity that is Vancouver. Don’t we feel at $725K, it would be a bargain…..not ! The only people that feel comfortable with Vancouver’s house prices are those that have bought and paid off their mortgage.
The crazy part is some developer will buy it, build a 4 to 6 storey condo building or some rowhouses and sell each for $400-$500K