SOLD!
4537 Welwyn Street, Vancouver
Buy-side purchase Of A Wonderful Character Home in East Vancouver
As you step into the grand entrance of this historic home, you can’t help but feel its long history. The front porch welcomes you in as a grateful guest.
This was one of several recent sales I’ve had that was a story itself. My client contacted me about this home a day or two after it had a pending accepted offer (itself against at least one other offer). That accepted offer ended up not removing subjects, and my client swooped in to buy the home before other buyers got a chance. While there are generally some slower market conditions, I keep advising my clients that the market is still shockingly hot for desirable properties, and this is a perfect example.
Most people looking at buying their first condo ask the same question. Why buy when the S&P 500 seems to offer similar or better returns? I ran the numbers across multiple real-world scenarios, including living, renting, and investing, to see how real estate actually compares today in Vancouver and North Vancouver.