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$2.4M ‘knockdown’ on Vancouver’s west side sells above asking price

Click to play video: 'Modest shack in Point Grey selling for absurd price'
Modest shack in Point Grey selling for absurd price
WATCH: Modest shack in Point Grey selling for absurd price – Jan 29, 2016

A modest teardown in Vancouver’s Point Grey neighbourhood caused quite the stir last month when it was listed for nearly $2.4 million. The home is now listed as sold, with reports indicating it went for $80,000 above asking price.

The three-bedroom, two-bathroom home located on the 4400-block of West 14th Avenue was built in 1930. The description posted online lauded a mid-block home with a mountain view on a cherry-blossom tree-lined street in one of the city’s toniest neighbourhoods. The lot is about 10 metres wide.

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But a veteran real estate agent not connected with the listing called it a “knockdown.”

For critics, the home came to symbolize the madness of Vancouver’s real estate market.

 

– With files from The Canadian Press

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