We all know that buying a house in Vancouver can be expensive but do we really know how expensive it can be compared to other places in the world such as Beverly Hills or France?
For $4.899 million you could buy a tear down house in a fantastic location in Vancouver BC or you could buy a massive Mediterranean mansion in Beverly Hills. Caught your attention yet?
Pricey Pads pointed out this shocking comparison earlier this year, and it only continues to prove that people living in Vancouver can be wealthy with real estate but truly cash poor.
This house is listed in West Vancouver, 20th Avenue, Vancouver for $4.899 million:
This 3,300 square foot, 2-storey house was built in 1949 with 4 bedrooms and 3 bathrooms on a 0.29 acre lot, and looks to be a tear down due to its age and the more than likelihood for developers to build a newer and better house on the land instead.
For $4.7 million on 13810 Bulholland Drive, Beverly Hills, California you could own this Mediterranean mansion for $199,000 less than the Vancouver house! This mansion has 15,000 of square feet floor space and was built in 1993 on a 0.46 acre lot. It contains a total of 7 bedrooms, 10 bathrooms, and large outdoor and resort style grounds perfect for any Beverly Hills party.