4069 West 27th Avenue, Vancouver



Asking Price: $1,750,000

Selling Price: $1,760,000

Taxes: $6,116 (2006)

Days on Market: 33

Listing Agent: Walter Wells, Sutton Group West Coast Realty


"This house is in a unique category," says agent Walter Wells. While new houses on this block are selling for $2.5 million, the owners of the 3,727 sq. ft. home found a great value in an older house that has been remodelled.

The original three-bedroom, 1950's bungalow was given a $300,000 facelift in 1994 and had an additional $150,000 spent on renovations just two years ago. "This home has many of the features of a new home for more than $700,000 less," says Mr. Wells.

The now six-bedroom house has granite countertops, heated floors and four electric fireplaces, including one in the master bedroom. The basement contains a separate guest suite and the master bathroom has a Jacuzzi tub. There are underground sprinklers for the gardens, a built-in vacuum system and a double-car garage.

The real value lies in the land. This home backs onto the 763-hectare Pacific Spirit Park with over 50 kilometres of hiking, biking and riding trails. "It is like living on the edge of the wilderness, but still 10 minutes to the heart of downtown Vancouver," says Mr. Wells.