Vancouver Realtor

You may have seen the multiple for sale signs as you drive down Granville Street south towards Richmond?  You may have also noticed that there are entire blocks for sale with the same Vancouver Realtor ® listing the whole block? Well, Vancouver Real Estate speculation has another street in sight, Granville Street. Granville Street does not have any rezoning planned thought money is pouring into buying up entire blocks of it. Perhaps Granville Street is trying to emulate the changes in Cambie street in Vancouver? Cambie has increased its density and some believe that Granville Street is next on the map. One block in Granville Street south where formerly there were single family homes on small lots, was bought up in its entirity. The residents of those houses sold for three times the tax assessment value of the house and some doubled their money if they bought in 2011! This block of eight lots is for sale for $30,000,000. It is expected that a developer will pick up these blocks of lots and develop (once the city changes the development plans for Granville South that is!). So, you heard it here first on MrSharp.com Granville Street is next on the Vancouver real estate speculative investors' horizon. And, whoever sold thier house for double its 2011 purchase value is the luckiest or wisest real estate investors of all. For more stories like this and if you simply want some more real estate information, please go to MrSharp.com or contact me directly on 604.43.Sharp, 604-437-4277.