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Receive more information about Hillsborough
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Hillsborough MLS® Listings
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Building Info
Hillsborough - 8000 Heather St, Richmond, BC V6Y 2R1. Strata No LMS4203. Built in 2001. Two levels. Frame-wood construction. Full rain screen. This complex is located in Garden City area of Richmond. Convenient location next to Garden City Shopping Mall at the corner of Heather and Blundell. Garden City Elementary, General Currie Elementary and De Beck Elementary are steps away. Brighouse Park, Richmond Secondary, Minoru Park, Richmond Centre, Gateway Theatre, Hockey Club, Aquatic Centre, Richmond Public Library, City Hall and a lot of restaurants are a couple of blocks from the complex. The bus stops are steps away and the Brighouse skytrain station is minutes away. There are 28 units in development and in strata. Maintenance fee includes garbage pickup, gardening and management. This building has high celling. Most units offer double side-by-side garage, fenced backyard, large balcony and visitors parking.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
Real Estate Related News Articles(Sun and Province)Search News
Covid-19 pandemic cause increase demand for housing
“In the absence of a marked uptick in inventory, the current relationship between demand and supply supports continued double-digit average home price growth this year,” the real estate board’s chief market analyst, Jason Mercer, commented in the report.
The province has already introduced and extended a rent freeze during the COVID-19 pandemic, and it says in a news release Monday that new legislative changes will keep it in place through Dec. 31.
The pros and cons of purchasing the upgraded condo building compare to the newly build one
“Capacity is also a problem—most managers struggle to keep up with their day-to-day activities, so targeting reductions doesn’t happen much because they’re trying to keep their heads above water.”
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