02-28-2014, 05:23 PM
There was one million dollar plus home sale in January. Yep, a 100% increase in sales over January, 2013…LOL. Let the bells ring out and banners fly.
The property that sold was up in Pender Harbour and I can imagine the seller is mopping his/her brow since it occurred in the Wittakers development which has gone nowhere since it launched in 2006. The home at 4590 Pinehaven Place was first listed back in April, 2013 at $1,299,000 and sold at the end of the month for exactly $1,000,000 - a drop of -23% from list.
The 2788sf, 3-storey, 3bd/4bath home on an 0.11 acre elevated waterfront lot was assessed at $901,000 in 2013 (a drop of $53,000 since 2011). To be honest, it is a beautiful home - just stuck in an overall undesirable location.
Note: 2013 Sales data can be found in the ‘Sunshine Coast's Million Dollar Babies: Hush now, don't you cry!’ thread.
The property that sold was up in Pender Harbour and I can imagine the seller is mopping his/her brow since it occurred in the Wittakers development which has gone nowhere since it launched in 2006. The home at 4590 Pinehaven Place was first listed back in April, 2013 at $1,299,000 and sold at the end of the month for exactly $1,000,000 - a drop of -23% from list.
The 2788sf, 3-storey, 3bd/4bath home on an 0.11 acre elevated waterfront lot was assessed at $901,000 in 2013 (a drop of $53,000 since 2011). To be honest, it is a beautiful home - just stuck in an overall undesirable location.
Note: 2013 Sales data can be found in the ‘Sunshine Coast's Million Dollar Babies: Hush now, don't you cry!’ thread.