West Vancouver home sells for $1.1 million over asking price
WATCH: Vancouver’s hot real estate market is showing no signs of cooling down.
Another day, another Metro Vancouver home selling for a sky-high price.
In this case, a West Vancouver home sold within hours for $1.1 million over the asking price.
“I think was this one quite sharply priced at 2.988 [million dollars] and we had a ton of interest,” said Realtor Viv Harvey. “So we ended up with nine offers: the lowest was full price and all the way up to $4.1 million, which is where it sold.”
This is the latest home to draw the attention of buyers from everywhere, driving the price way up.
“The winning bid was an offshore purchaser and he will be building,” said Harvey. “He hasn’t quite decided whether he’s going to build for himself or to resell the property.”
-with files from Asa Rehman