Burnaby real estate: The priciest for sale – Vancouver Is Awesome

I love real estate shows, especially Million Dollar Listing Los Angeles.

One of the common conversations these real estate agents have with their clients involves setting a fair price.

The sellers always have these grand dreams about how much their properties are worth and the real estate agents always have to talk them down to reality.

It must be a tough job to set the right price so a property doesn’t languish on the market before the inevitable price reduction.

I thought about this after seeing #1 on Roomvu’s latest top-9 list of expensive Burnaby properties in the first two weeks of December.

It’s at 3773 Burke St. and is somehow price at a staggering $4.5 million. It’s six bedrooms and two bathrooms on a 17,000-square-foot lot. I mean it’s not a bad house, but $4.5 million? Are you kidding me? It looks pretty old – maybe 1980s?

Is this wishful thinking or is this really where the market is at right now? Because if that’s where the market is then many buyers are in trouble.

Anyways, here is the full top-9 list for you to peruse.

This is a 6 bedrooms, 2 bathroom House, listed for sale by agent Tracy Hu PREC* for $4.50 million

This property features: 17,000 sqft lot S facing,special about this property is there are 3 potential lots approximately , bonus is quality custom built home at very central location with 4 bedrooms up, 2 bedrooms and 1 bedroom suites down generating high income from suites as mortgage helper. Close to Central Park, restaurants, and public transit. 5 minutes drive to Metrotown, also close to Moscrop Secondary. Good investment for live, rent or build your dream home in the future.

This is a 6 bedrooms, 5 bathroom House, listed for sale by agent Omid Khosravi PREC* for $3.19 million

This property features: Developer Alert or Privacy Plus! This beautiful North Burnaby home is situated on a 29,419 sqft lot with an unobstructed south view. Custom designed to perfection with 10 ft ceilings featuring a gourmet kitchen, two huge master bedrooms with ensuite jacuzzis, and plenty of room for entertaining with a theatre room, adjoining bar, and several balconies and huge patio. Close to all levels of schools including SFU, Burnaby North Secondary, and Montecito Elementary. Other amenities include Shopping, Burnaby Mountain Golf Course, Burnaby Lake, Kensington and Fortius Sports Complexes, Skytrain and easy access to the Highway. This lot has development potential with possible subdivision keeping the existing home, contact us to learn more.

This content was originally published here.

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