It’s been nearly three months and Vancouver’s most expensive house listing just can’t seem to find a buyer.
On the market since April, the 14,484 sq-ft. house boasts six bedrooms, eight bathrooms and a private library. Extra over-the-top perks include an indoor swimming pool, two-lane bowling alley and a gym with 20-ft. ceilings.
The 0.75-acre Newton Wynd estate situated in an upscale West Side neighbourhood also features mesmerizing backyard views of the Burrard Inlet and surrounding mountains.
Maybe it’s the $29.9 million price tag that’s more jaw-dropping to house hunters than the stunner views. Perhaps a lowering listing price would lure buyers into a bidding war?
Recent housing price drops have helped Vancouver buck a national trend of rising real estate prices, according to a report released by Royal LePage on Tuesday.
In the city’s priciest neighbourhood – where this month’s “most expensive” house can be found – the average price for a two-storey home dropped 3.1 per cent from $1.6 million to $1.55 million. It’s also a trend that’s extended north along the Sea to Sky highway.
In Whistler, the municipality’s most expensive property sale since 2008 was complete after a significant price slash. The “Glengordon” was sold to an international buyer this week for $10 million – $5.7 million lower than the original asking price.
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