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When it comes to town loyalty, North Shore residents take the prize. Whether it’s the easy access to the ocean and mountains that bring them here, people stay because they love the sense of community they find in their individual neighbourhoods.
The area’s 345 active listings represent your chance to find out what the buzz is about. The 24 recently reported sold properties also offer an interesting picture. Twenty-two of those sales were in North Vancouver and selling prices were generally at or close to asking price. The outliers were a six-year-old, one-bedroom unit in Vista Place in Central Lonsdale and a 37-year-old, one-bedroom in Lower Lonsdale’s Emerald Manor. The former’s owners waited 45 days before accepting an offer six per cent below their $339,000 sticker price while the latter apartment took six days to sell for 18 per cent over its price of $179,900. That owner walked away with over $40,000 more than asking in their pocket.
Lynn Valley
Known for its tight-knit community, Lynn Valley is a growing neighbourhood with the recent construction of the new Lynn Valley Village shopping centre. There are a lucky 13 active listings in the area with a median price of $425,000 - $10K more than the overall area. For that price, you could make your home in a two-bedroom home in Lynn Terrace that is just steps away from the village shops. This condo features a large balcony overlooking a greenway.
A number of new homes are available in the neighbourhood including two two-bedroom units in the recently completed Canyon Springs development ($539,000 and $559,000). Walter’s Place is in preconstruction with homes scheduled for completion in 2017. A two-bedroom listing here is on the market for $439,900.
The neighbourhood’s most recent reported sale was for a one-bedroom condo in a 13-year-old building. It went for two per cent under asking: $292,000.
Deer Ridge
Properties in this exclusive West Vancouver neighbourhood generally offer stellar views of the ocean, city and mountains and the two currently active condo listings are no exception. For $1,790,000 you can be the owner of a three-bedroom penthouse that’s had lots of recent upgrades. Money no object? If that’s the case, check out the $4,280,000 listing. This home is also a newly renovated penthouse with 4,713 square feet of interior space and a 1,200 square foot private terrace.
The most recently reported condo sale in Deer Ridge was a two-bedroom home that spent nine days on the market before its new owner offered five per cent over its $1,150,000 list price.
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