Unknown Facts About Vancouver real estate: why townhouses sometimes sell

Unknown Facts About Vancouver real estate: why townhouses sometimes sell
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00 sq. miles Population Per Square Mile 677.


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Price Range, Min Rate$ 0$ 25,000$ 50,000$ 75,000$ 100,000$ 125,000$ 150,000$ 175,000$ 200,000$ 225,000$ 250,000$ 275,000$ 300,000$ 325,000$ 350,000$ 375,000$ 400,000$ 425,000$ 450,000$ 475,000$ 500,000$ 600,000$ 700,000$ 800,000$ 900,000$ 1,000,000$ 2,000,000$ 3,000,000$ 4,000,000$ 5,000,000$ 5,000,000+ Max Rate$ 0$ 25,000$ 50,000$ 75,000$ 100,000$ 125,000$ 150,000$ 175,000$ 200,000$ 225,000$ 250,000$ 275,000$ 300,000$ 325,000$ 350,000$ 375,000$ 400,000$ 425,000$ 450,000$ 475,000$ 500,000$ 600,000$ 700,000$ 800,000$ 900,000$ 1,000,000$ 2,000,000$ 3,000,000$ 4,000,000$ 5,000,000$ 5,000,000+ Price Variety, Minutes Cost$ 0$ 100$ 200$ 300$ 400$ 500$ 600$ 700$ 800$ 900$ 1,000$ 1,100$ 1,200$ 1,300$ 1,400$ 1,500$ 1,600$ 1,700$ 1,800$ 1,900$ 2,000$ 2,100$ 2,200$ 2,300$ 2,400$ 2,500$ 2,600$ 2,700$ 2,800$ 2,900$ 3,000$ 3,100$ 3,200$ 3,300$ 3,400$ 3,500$ 3,600$ 3,700$ 3,800$ 3,900$ 4,000$ 4,100$ 4,200$ 4,300$ 4,400$ 4,500$ 4,600$ 4,700$ 4,800$ 4,900$ 5,000$ 5,000+ Max Cost$ 0$ 100$ 200$ 300$ 400$ 500$ 600$ 700$ 800$ 900$ 1,000$ 1,100$ 1,200$ 1,300$ 1,400$ 1,500$ 1,600$ 1,700$ 1,800$ 1,900$ 2,000$ 2,100$ 2,200$ 2,300$ 2,400$ 2,500$ 2,600$ 2,700$ 2,800$ 2,900$ 3,000$ 3,100$ 3,200$ 3,300$ 3,400$ 3,500$ 3,600$ 3,700$ 3,800$ 3,900$ 4,000$ 4,100$ 4,200$ 4,300$ 4,400$ 4,500$ 4,600$ 4,700$ 4,800$ 4,900$ 5,000$ 5,000+.


Credit: American realty start-up Zillow turned many heads on this side of the border when its Zestimate toolwhich enables users to see the forecasted value of homeslaunched in Canada in 2018. Vancouver-based company Offerland is hoping for a comparable result with its Zestimate-like tool, Offer, Worth. The company has actually partnered with two realty listing portals (Fisherly and BCCondos, And, Residences) to get Deal, Value in front of more eyeballs.


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" We're not trying to be Zillow," says Etebarian, "We sell our information to companies like Zillow." Utilizing their device algorithmic-based forecast models, users are offered a market price of their homes, judge whether particular realty is worth purchasing, and learn how much lease they can request for, from an "unbiased third-party," says Etebarian.


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Deal, Worth is a forecast of how much a property is worth on the market based off a variety of data sources, including some "non-traditional" ones like connection to public transport, traffic jam, and range from the beach. The forecasted value is then checked versus real sales that take place in the city, and the algorithm learns from errors if it makes them.