WHAT CAN YOU BUY FOR $250,000? – AFFORDABLE HOUSING IN VANCOUVER

You’ve probably seen the feature in The Vancouver Sun. The real estate section matches up properties around the city for roughly the same cost, so $1 million dollar Maple Ridge mansions go head-to-head with 7-figure Vancouver West Crack Shacks. This comparison has inspired us to set up a little survey of our own, using our popular 750 square foot Arts and Crafts laneway house as a base price. For $250,000, what kind of affordable housing in Vancouver is available?

Burnaby apartment
Our tour starts off in Burnaby with a 776 square feet 1 bedroom in a somewhat institutional-looking building. The suite is described as “needing updating” but one excellent bonus is the single block stroll to Lougheed Mall, skytrain and bus.

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Ambleside West Van apartment

What can you snag in swish Ambleside for a quarter of a million? Apparently not even a bedroom. Billed as the “lowest priced updated apartment in West Van!”, the 470 square foot home is a tiny, though nicely updated, studio.  Perfect for a pied-a-terre.

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marpole vancouver apartment

In terms of central Vancouver properties, $250,000 can get you a 675 square foot 1 bedroom in sleepy Marpole. Bright, top-floor unit.  Not bad, if you can live with that oddly-designed fireplace surround.

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American Eagle Coach

An alternative for people who want to live their life on wheels: a top-of-the-line, luxury American Coach Eagle which sleeps 4-6 people.  This mobile home features heated floor tiles, dishwasher, washer and dryer, central vacuum system, and 3 (!) air conditioners.

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750 square foot arts and crafts home

Finally, the same price can score you a custom-built Smallworks 750 square foot Arts and Crafts home featuring 2 bedrooms, 2 bathrooms and 2 levels. Designer interior, integrated millwork, and quality interior finishes.  A great option for affordable housing in Vancouver if you have existing property or an agreement with a property owner.

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Which ones are your favourites?

Images from realtylink.org and rvtraderonline.com

By | 2016-11-15T09:06:01+00:00 November 14th, 2011|News & Trends in Small House Living|

3 Comments

  1. Brian Moseley December 6, 2011 at 10:10 AM

    This is very intriguing, You are a quite skilled blogger. I have joined your rss feed and look forward to looking for far more of your wonderful post. Also, I’ve shared your internet web site in my social networks!

  2. karenyc November 26, 2011 at 6:43 PM

    Apologies for the late reply – laneway houses are built as individual projects. Thanks.

  3. Craig Scott November 18, 2011 at 11:00 AM

    I resently transferred to Vancouver from Winnipeg and was wondering if there are developments with this type of homes in them? If so where?

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