About West Vancouver Waterfront
About West Vancouver Waterfront
It's No Doubt Waterfront Properties are VIP seats!
• Did you know ? WEST VANCOUVER is still one of the least expensive locations to buy a single-family waterfront home !
“Waterfront living is popular the world over, as people are naturally captivated by breathtaking ocean views and access to water, as well the sounds, scents and sense of grandeur that these properties provide. West Vancouver has all this and more – with water views in the foreground, most homes also look across to the towering skyscrapers in Vancouver’s chic, cosmopolitan downtown as well as the magnificence of Vancouver Islands and the Gulf Islands. Twenty years ago, waterfront home prices were around 60% higher than the average price of non-waterfront properties, now this difference has grown to over 110%! West Vancouver’s detached home market is presently benchmarked at $2.386 million and its water properties at $5.8 million. However, despite the 50% rise in West Vancouver’s home values over the last 5 years, and claims that the City of Vancouver is now one of the most expensive cities in North America, when compared to other international cities, West Vancouver is still one of the least expensive locations to buy a single-family waterfront home. In Los Angeles’s Laguna Beach the average waterfront home value is almost $10 million, in Malibu the average is $8 million, Sydney Australia $20 million, Hong Kong a staggering $30 million and in cities such as Shanghai, New York, London and Paris they are almost impossible to find.” - Fortune World Magazine 2015 February Issue