“Our rented condo is supposedly worth $460k (based on a current listing in the building). And yet we can’t believe that this piece of crap is worth any more than $150k.”

pricedoutfornow vancouvercondo.info February 12th, 2011 at 6:56 pm- “My rented condo is supposedly worth $460k (based on a current listing in the building.) And yet…SO and I can’t believe that this piece of crap is worth any more than $150k. It’s 6 years old, and every morning and night we have the privilege of listening to what we’ve dubbed “Niagara Falls”-water gushing down the pipes in the wall whenever the people upstairs flush the toilet/have a shower/wash their hands. We moved our bed so the water gushing isn’t above our heads (heaven forbid a pipe bursts) and SO has taken to yelling “Quit peeing!” whenever the water starts to gush. As a bonus, we’re beside a corridor which leads outside, we can hear people clomping down the stairs ALL THE WAY from the 4th floor! Starts at about 6am every morning as people rush out to get to work.
Dear God, I’m so glad I didn’t buy this place, because I would be planting pipe bombs in the developer’s mailbox right about now. This market has got to correct, if only because owners are pissed enough to realize they’ve bought into a garbage wood-frame building.”

2 Responses to “Our rented condo is supposedly worth $460k (based on a current listing in the building). And yet we can’t believe that this piece of crap is worth any more than $150k.”

  1. Yeah, just wait until “mold” occurs in all those buildings that were built too quickly. Another leaky condo crisis coming. Some of the quality in the newer buildings is very sketchy – especially in the burbs’ Some of the walls/floors seems very thin. We used to be in a condo with carpet/lino/tile and the owners above decided to put in hardwood/laminate. They never took off their shoes!! Always hear them walking around like they were in high heels. Some people also thought having parties until 1 am was okay and it did’nt bother anyone – hello?? It was on a weekeday! Condos can be very convenient but I found them more of a headache – parking (break ins), noise and noise.

  2. When did “apartment building” become a “condo building” Hello…. apartment living was what you rented in between wives, fresh out of the house of moms and pops, and or get a couple “best” friends in with you and it became a flop house till you could move on to better things…. Some one sold the idea that if you can buy your own shoebox that it would become a “condo” even thou you are 15 floors above the street….

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