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vanre33.bsky.social
Interested in a lot of things... most of which are pretty nerdy. Stand with Ukraine Stand with Taiwan
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Seller of 4 year old, 410 sqft, 55+ studio in Surrey, unable to re-coup their initial "investment" Sold $259K Assessed $321K Purchased Nov 2021 $321,955 (+GST) = $338,053 (GST Incl) Est $95K loss after GST, PTT, commissions Unit 332 (same 410 sqft) also sold today for $277K #VanRE

Surrey owner regrets 2023 purchase and re-sells for a loss... Sold $2.322M Assessed $2.309M Purchased Sept 2023 $2.5M Est $297K loss after PTT and commissions #VanRE

Some sellers experiencing loss of capital.. #VanRE

"Estate Style Mansion set on 61 acres" "home and lands has been neglected for 10 years " Sold for less than half assessed value Sold for $2M+ less than 2015 price Sold $4.505M Assessed $10.045M Purchased Mar 2015 $6.66M Inflation adj. to $8.64M in 2025 dollars Listed Dec 2023 $16.8M 😂😂😂😂😂 #VanRE

Langara penthouse re-sold for a big loss from the new purchase price... Sold $2.395M Assessed $2.385M Purchased NEW Dec 2019 $2,699,900 (+GST) = $2,834,895 (GST Incl) Est $566.5K loss after GST, PTT, commissions #VanRE

Art of the deal, baby

Is musk a scam?

Langley townhouse seller "won" the FOMO bidding war in peak 2022 market by offering $185K over asking... but ultimately lost big when it was time to sell Sold $838K Assessed $829K Purchased Mar 2022 $1.06M (Asking $875K) Est $268K loss after PTT and commissions #VanRE

Mission home re-sold for a loss Sold $1.175M Assessed $1.087M Purchased May 2022 $1.4M Est $287K loss after PTT and commissions #VanRE

South Granville Vancouver home sold for just 3.6% more than the 2014 purchase price Sold $2.9M Assessed $3.588M Purchased Aug 2014 $2.8M Inflation adjusted to est. $3.669M in today's dollars "zoning (Rl-1} allows up to 6 dwelling units, or up to 8 rental dwelling units!" #VanRE

Woodwards 1BR condo with hefty condo fees overlooking disappearing neighbourhood amenities Sold $574K Assessed $670K Purchased July 2016 (!!!) $640K ($62K above asking) Est $814K inflation adjusted to today's dollars Note $705/mo condo fee ($412/mo in 2016) #VanRE

South Surrey 55+ townhouse sold for the 3rd time in 2 years Sold $1.1M Assessed $1.24M Purchased May 2024 $1.26M Prev. Sold June 2023 $1,199,900 Est $217K loss after PTT and commissions in < 1 year #VanRE

67 acre blueberry farm in Langley - sold for less than Apr 2020 price and $1M+ below last sale price Sold $5.055M Purchased Dec 2020 $6.1M Prev. sold Apr 2020 $5.23M #VanRE

Yiiiiiiiiiiiiiiikes... Completely renovated Abbotsford home purchased at the peak of the market, sold at a STEEP, STEEEEEEEP 36% discount Sold $1.378M Assessed $1.938M Purchased Feb 2022 $2.15M Est $855K loss after PTT and commissions #VanRE

$TSLA down ~55% from peak on Dec 18, 2024 Down nearly 16% today so far... #FAFO

9 US police officers to protect a single Cybertruck from *checks notes* protest signs. #3E #endoligarchy #teslatakeover #teslatakedown

I hate how accurate this feels right now🫣

Burnaby condos months of inventory, the highest since April 2020... #VanRE

Court-Ordered Inventory in Metro Vancouver over the last 2 years.. #VanRE

It's time to stop opining about our long history as allies. It's time to stop hoping things cool off or go back to "normal". This is America is now. The relationship has changed and possibly for generations to come. It's time to defend our sovereignty and what it means to be Canadian. #elbowsup

TLDR: The 51st state talk is not a joke. It is a consistent delivery of threats to Canadian sovereignty at the highest levels of government. Our reporting out today. www.nytimes.com/2025/03/07/w...

Some more seller losses to round out the week.. #VanRE

When US president-oligarch Trump says he's going to invade or annex Canada, he is not joking, teasing, or trolling. He is making a threat. Take him seriously and prepare for war. 🧵🍁

France just can’t stop showing off. Now they’ve burnt down their first Tesla dealership in protest to Elon Musk. #E3 #TeslaTakeOver

Over 1000 active listings in downtown Vancouver... Today, just 1 recorded sale. #VanRE

Canada goose fights off a bald eagle that tried to attack it, after 20 minutes the Eagle ran off.

Trump folded like a cheap lawn chair... #canpoli

Stunning comeback by the Federal Liberals... #canpoli

www.youtube.com/watch?v=_Ozb...

Port Coquitlam home, purchased in 2022 and then "fully updated"... then sold for a big loss Sold $1.39M Assessed $1.452M Purchased Jan 2022 $1.588M + reno Est $269K loss after PTT and commissions (not including new kitchen, deck, hw tank, etc..) #VanRE

A few more losses for #VanRE sellers...

Seller purchased this Chilliwack property in 2021, tore the house down, tried to flip the lot for $90K more, ended up settling for $230K below cost. Sold $530K Assessed $727K Purchased Aug 2021 $760K Re-listed Sept 2023 $850K Est $262K loss after PTT and commissions, not incl. demolition #VanRE

How well did "transitory inflation" work out last time?