New photos!

November 29, 2005 at 9:21 am · Filed under Photos

I just posted a bunch o’ new photos in the photo album, you can check them out here.

Onto other things… realestate around these parts is crazy. A lousy looking duplex 1 block from here has just finished development. It’s location is significantly worse than our lot: it is much closer to busy 12th ave, and it doesn’t back onto the park. Each unit is selling for $400,000+ !!!. A nice duplex across the street from it is not finished yet, and those units are going to sell for over $500,000 (suposedly). I’m thinking we could knock down our house, build a new upscalish duplex for $400,000, sell them for $500,000 a pop and walk away with $250,000 profit. Let me know what you think.

  • belle

    yeah, for sure.
    do u need to subdivide the lot or something, to be able to make a duplex? and how much would that cost (on top of the cost to build)? and don’t forget the cost to demolish the house.

    i think that if u guys do anything to ur place, or even if u do nothing and sell, u’ll make a shit load of cash. u guys bought at the perfect time and in an awesome area.

    I say take the risk and DO IT…

  • sluggo

    LOL!
    Doug’s plan is way over our heads (my head at least).
    I don’t know if it’s that profitable to share our land with another owner.
    If we plan to do anything with our house, it’ll be add floor space (another floor for rooms), or sell for some profit.
    If we do sell, we may have to move to the burbs (house prices in Vancouver are overpriced).
    However, please talk me out of it if we ever decide to move to Surrey or further. We’re fine where we are.
    I need to win the lotto.

    : )

  • Mom

    Buy one of lots on either side of you.Join to make 1 lot and go for it.While all this is going on pitch a tent in the park. Don’t write home for $.

  • Mom

    Buy one of lots on either side of you.Join to make 1 lot and go for it.While all this is going on pitch a tent in the park. Don't write home for $.