This via e-mail from ‘a regular visitor’ to the blog -
“I’d like to revisit your post of September 28, 2010 if I may…nostalgia overcame me. We were nearby over the weekend and wondered how that development was progressing. When that sodden framing went in last autumn, we were incredulous that they were shoehorning three SFHs into such a small parcel of land! I attach some photos here; what boggles the mind is why someone would be desperate to drop a couple of million or more on one of these. So darned close together – you can hardly get a cigarette paper between these three houses. What will happen when they have to get a ladder in there for those inevitable major repairs?! Those accompanying laneway houses seem pretty big; how small those yards are between the main houses and the laneway houses. Ugh. A friend who lives a few streets away from there (for the past 20 years or so), said there are many laneway houses being built in the vicinity. She said that some of them are so large, they obstruct the daylight that neighbouring houses used to enjoy. That’s not good in our light-deprived city…”
“Definitely feels like change is in the air, albeit at what seems like snails pace to anyone trying to survive here as a renter or wannabe buyer. As people have said on your blog so many times before, if you say anything at all about overvaluation of property in the Vancouver area you just get a blank stare and the same old stories – ‘no more land’, ‘everyone wants to live here’, etc. etc. Gets tired, doesn’t it? [But it does] give us something to talk about other than the rain and grey skies “
vreaa comment: In our 28 Sep 2010 post, we estimated that these three houses would come on the market at about $2.25M each (Point Grey; new; 2500+sqft; 33×122 ft lots).
Well, it turns out our estimation was 13% low. One of the three (likely the corner one based on the number) is registered as sold:
4698 West 11th Ave, Point Grey, Westside, Vancouver
Sold 8 Apr 2011, $2.55M
‘Bonus: Price includes a laneway house and HST!
Laneway homes are approx 370 square feet.’