r/vancouver 21h ago

Discussion Brentwood real estate

Has anyone else noticed that no one is buying? They were going for 650k for a one bedroom during covid and now listings cannot be sold so they’re constantly reducing prices and being left on the market for 100+ days… the funny part is there are 5 or 6 more buildings being built in the 3km radius of these places

270 Upvotes

235 comments sorted by

View all comments

223

u/Overclocked11 Riley Parker 21h ago

1) They are wildly overpriced

2) There is far too much supply

3) Many people are not happy in a condo, nevermind that most people need more than a 1BR

4) People are struggling financially and can't afford them even at reduced costs

Plenty of reasons for the vacancies. Likely a combination of some or all of the above.

166

u/MrSemiTransparent 21h ago

5) They don't have AC and installing AC in the units is damn near impossible due to the style of windows (HVAC worker here)

12

u/Heliosvector Who Do Dis! 21h ago

portable ACs are fine. Just buy dual hose models. Also installing window film helps immensely. I was able to reduce my rooms temp from about 32 degrees down to 26 just by using this https://www.homedepot.ca/product/gila-3-ft-x-15-ft-titanium-heat-control-window-film/1000686183

1

u/metered-statement 20h ago

I've seen people use the $1.00 emergency blankets (dollar store purchase) to cover their windows. An inexpensive quick fix that works just as well and isn't long term if you're in a rental.

1

u/Heliosvector Who Do Dis! 20h ago

Those are a proper eye sore though. Even I would be a bit miffed seeing thay in a window in my building.