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When considering buying real estate in Vancouver it's important to have an understanding of the downtown Vancouver real estate market. Due to the proximity to beaches, recreation, shopping and businesses, Downtown Vancouver is an extremely popular choice for both residents and investors looking to buy property in Vancouver.
The area is one of the most densely populated areas of the city. With hundreds of condos built closely together, the area is home to over 88,000 residents (as of 2006). A downtown Vancouver realtor can help navigate the complexities of this neighbourhood.
Geographically, the area is a peninsula. It is connected to the rest of Vancouver by a series of bridges as well as a sliver of land to the east. The bridges connecting Downtown to the rest of the city are the Cambie Street Bridge, Granville Street Bridge, Burrard Street Bridge and the Lions Gate Bridge.
Downtown Vancouver isn't just one single, uniform community. It is comprised of four distinct neighbourhoods: the downtown business district, West End, Coal Harbour, Yaletown and False Creek North. Each of these neighbourhoods has a ...
... distinct character and offers it's own unique type of living experience.
The common theme between all of the neighbourhoods in Downtown Vancouver is that they almost exclusively only offer one type of housing option for potential buyers. You won't find houses, trailer homes or duplexes in Downtown Vancouver only condos Vancouver.
Downtown Vancouver real estate offers the highest density of homes in Vancouver. Condos Vancouver are predominantly Downtown. The sales figures for condos Vancouver are always dominated by the numbers in Downtown. With such a limited geographic area, there wasn't opportunity to build out, only up.
Because of the number of condos Vancouver, it's important that any potential buyer work with a Downtown Vancouver realtor. There is enormous variation in the quality and types of buildings that are available. You will want to save time and money by working with an expert such as a Downtown Vancouver realtor.
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