4293 West 12th Avenue, Vancouver



Asking Price: $895,000

Selling Price: $937,000

Taxes: $4,856 (2008)

Days on Market: 6

Buyer's Agent: Walter Wells, Sutton Group West Coast Realty


"Location and potential is what made this Point Grey property the hottest sale of the week" for agent Walter Wells.

"Although in older condition, the footprint of this home was attractive enough to elicit six offers and generate a selling price of $42,000 over the asking price," he says.

The house had an addition and major renovation about 20 years ago but, with 2,155 square feet, it is the "perfect renovation project," he says. The two storey, five bedroom home has a finished basement with a one bedroom plus den suite and a laundry room. The main floor has two bedrooms and an updated bathroom. The top floor includes two more bedrooms, a 10 by 7 foot storage room and an office.

"The upstairs has room for three bedrooms and a bath once renovated," the agent says. "Add this to the existing two bedrooms on the main floor plus a full-sized, full height basement and this home is large enough for any family."

The house is close to shops, restaurants and the beach - and "just four blocks from Queen Elizabeth Elementary School and two blocks from transit."