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5 notable real estate listings on the market in BC right now | Urbanized – Daily Hive

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As British Columbians move into the latter part of summer with the potential for a second heat wave, many have their living situations (and perhaps a new desire for air conditioning) top of mind.

Right now, there are a wealth of homes on the market in BC, with something to suit different buyer criteria. If, like us, you’re curious to see what the newest mixed-use community will look like or perhaps the features that come with a multi-million dollar home, you’ve come to the right place.

We’ve searched BC’s real estate market to round up five unique listings for currently available properties.

ONE Water Street – 1187 Sunset Drive and 1191 Sunset Drive, Kelowna

Type: One-, two-, and three-bedroom condos, penthouse, and sub penthouses

Price: $604,900 to $10,000,000

Overview: ONE Water Street is a collection of stunning lake view homes currently under construction in Kelowna. Led by Kerkhoff Develop-Build and North American Development Group, this luxury condominium development is slated for completion in 2022. With a total of 427 units across two residential towers, ranging in size from 975 to 2,617 sq ft — coupled with resort-style amenities — there’s something for buyers at every stage of life. Now, only three homes remain in the East Tower (the first to launch), which will be move-in ready this summer — with two-bedroom homes starting at $998,000. Meanwhile, the West Tower will be move-in ready in the spring or summer of 2022.

Other features: Additional features at ONE Water Street include a hot tub, studios for yoga, pilates, and dance, pools, a health club, guest suites, a dog park, a pickleball court, fire pits, and more. 

Interested? Click here to find out more or book a viewing.

Panorama Park – 6138 128th Street, Surrey

Artist’s rendering of Panorama Park (Alvair Group)

Artist’s rendering of Panorama Park home interior (Alvair Group)

Type: Three- and four-bedroom family-inspired townhomes

Price: Starting from high $700,000s

Overview: With homes intentionally designed for modern families, Panorama Park by Alvair Group presents an exciting opportunity for families to put down roots in a neighbourhood primed for convenience and connection. Prospective buyers can choose from a wide range of functional floor plans, which are further enhanced by smart home technology within each townhome, including WiFi-enabled switches and doorbells and Cat6 wired-in internet. All homes feature a wall-mounted fireplace with custom shelving; a custom entryway with a full-height mirror and shelving; side-by-side garages with plenty of room to store vehicles and sports gear; and most ensuites have dual sinks for that added enjoyment of getting ready. 

Other features: Amenities include a community garden, an outdoor play area for children, walking paths, and a two-storey building called ParkHouse, featuring a billiards room, a kitchen with a harvest style table, and a lounge space.

Interested? Click here to find out more or book a viewing.

315 Furry Creek Drive, West Vancouver

Type: Three-bedroom, three-and-a-half bathroom home

Price: $3,248,800

Overview: This steel-framed home covering 3,428 sq ft in West Vancouver could easily be described as a trophy property. Unlike anything else along the Sea to Sky corridor, it sits upon a pedestal (that required 2,000 tonnes of rock to be blasted) above other homes in the area, offering uninterrupted views of the mountains and Howe Sound. The location puts the future resident(s) just steps from Furry Creek Golf Club and a short drive to West Vancouver or Squamish. And inside, 23 ft ceilings and expansive custom windows offer exceptional views from the luxurious kitchen out onto the patio space covering over 1,000 sq ft. No details have been spared in the engineering and design of this BC home, from its king-sized master sleeping wing to the jetted standalone tub. 

Other features:  Additional features include a nine-zone heating and cooling system for year-round comfort, a media room, a heated stamped-concrete driveway, a private yard, and more. 

Interested? Click here to find out more or book a viewing.

Plaza Two at King George Hub – 13725 George Junction, Surrey

Artist’s rendering of King George Hub (PCI Developments)

Artist’s rendering of home interior at King George Hub (PCI Developments)

Type: One- and two-bedroom homes

Price: Under $499,900 (33 homes available at this pricing)

Overview: Situated at the junction between King George Boulevard and the Fraser Highway, Plaza Two at King George Hub gives homebuyers the chance to be a part of a growing, mixed-use community in the heart of Surrey City Centre. Developed by PCI Developments and designed by MCMP Architects, the community features 42,000 sq ft of residents-only amenities, including indoor and outdoor dining lounges, an indoor games room, a family hub complete with a kids playground, and a ground-level hub for those working remotely — containing everything from a maker’s space to a co-working and library space. Homes in this new community boast open-plan living and dining areas, warm design finishes, and panoramic windows offering incredible views.

Other features: Also on-site is a 6,000 sq ft state-of-the-art fitness centre with yoga and multi-functional areas, an indoor half basketball and multi-purpose court, an on-site caretaker, a social and meeting rooftop space, a concierge station, and more.

Interested? Click here to find out more or book a viewing.

1890 Southwest Marine Drive, Southland, West Vancouver 

1890 Southwest Marine Drive (Matt Gul)

Artist’s rendering of townhomes at 1890 Southwest Marine Drive (Matt Gul)

Type: Three-bedroom, five-bathroom home

Price: $15,500,000

Overview: Resting on a 43,179 sq ft lot, this single-family home on Southwest Marine Drive feels more like a luxurious resort villa. Built in 2005, the two-storey home has its own covered patio, an outdoor pool, and a yard landscaped by Paul Sangha. Now, one buyer has the potential to transform the lot into 28 rental-only townhouses under the Affordable Housing Choices Interim Rezoning Policy. Instead of accommodating one family, the rental townhomes could house up to 50 people with 16 units (each with three bedrooms and 12 garden suites), five with two bedrooms, and seven with one bedroom — in addition to 26 off-street parking spaces. The property would resemble a mansion from the outside, blending in harmony with the surrounding neighbourhood. Please note, the listing price of this property is reflective of the intention to re-zone.

Other features: Extras include an artist-workshop studio, a vegetable garden, a full-sized tennis court, a recreation room, and in-home air conditioning, to name a few features.

Interested? Click here to find out more or book a viewing.

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Artificial intelligence is taking over real estate – here's what that means for homebuyers – CNBC

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Brick-and-mortar real estate may seem like the only tangible thing left in an increasingly virtual world, but it too is being taken over by artificial intelligence.

Some of the biggest names in the business, such as Compass, Zillow and LoanSnap, are now employing AI to help find buyers the perfect mortgage and the perfect home. And for real estate agents, it may already be a game-changer.

Most real estate data is public, from land records to title documents, purchase price and even mortgage liens. The trouble was it was an onerous process to go to local offices and obtain all the information. Not anymore. Computer algorithms can now go through millions of documents in seconds, looking through property values, debt levels, home renovations, and even some of a homeowner’s personal information.

At LoanSnap, a San Francisco-based mortgage lender, AI is used in various steps of the mortgage process, from finding the perfect loan type for a borrower to finding the right investor for the loan.

First the borrower’s financial information is put in. Then the system “takes all that information, forecasts it out into the future and looks at thousands and thousands and thousands of options,” said Karl Jacob, CEO of LoanSnap. “That’s different ways of paying off debt, different loan options, and this is one of the first times AI has been turned into something that helps consumers versus harms consumers.”

And for refinances, he said, “We’re building a financial model for someone, and showing them exactly how much money they’re losing on a monthly and yearly basis, and then showing them how they could potentially fix that issue and save money in the future. Again, in seconds.”

Jacob admits that pretty much every company now claims to use AI in some respect but said not all are really applying it to its full potential.

“Ninety-five percent of it is rhetoric, right? It’s a popular term. People glom on to things like that and say, ‘Oh yeah, we use AI too.’ AI is actually machines thinking and/or looking at possibilities that would not have been looked at before,” he added.

So AI can be helpful for borrowers, but it also seems like the holy grail for real estate agents hunting for listings in today’s ultra-competitive housing market. The supply of homes for sale has hit several record lows since the start of the pandemic, when buyer demand suddenly took off. Agents are desperate to find new listings, and AI is providing a new entrance.

“The traditional agent would go knock on the doors of a lot of homes. Now AI helps you find the homes that are most likely to sell in the next 12 months, and it does so by triangulating all the data associated with the home, like when the home last sold, how long the owner has occupied the home, what rate the home sells at in that particular area,” said Joseph Sirosh, chief technology officer at Compass, a real estate brokerage.

AI “triangulates all of that information to predict which home is likely to come for sale, so the agent can now approach that homeowner, offer his or her services, and have a much higher probability.”

Sirosh said Compass agents have a 94% higher chance of winning a potential listing they target with AI than not. Agents can supposedly price the home more exactly and target marketing more specifically.

For those searching to buy a home, all the data available can also help them to find exactly what they’re looking for, rather than touring house after house.

Using Compass’ AI, they can evaluate the price of their property in comparison with other properties in the market, search for specific types of homes in ultra-specific locations, input desired square footage of indoor and outdoor spaces and then get immediate alerts when something hits the market.

Zillow recently upgraded its popular home price Zestimate,” claiming it now uses neural networks, or machine learning comparable to how the brain works.

“In the case of the Zestimate algorithm, the neural network model correlates home facts, location, housing market trends and home values. As a result of this update, the Zestimate can now react more quickly to dynamic market conditions, providing homeowners with a more accurate estimate [prediction] of a home’s current value,” according to a Zillow release.

The company is now incorporating this new learning into its direct cash-offer homebuying business, Zillow Offers.

So far, the Zestimate is an initial cash offer on about 900,000 eligible homes across 23 markets.

“With this latest update and increased Zestimate accuracy, the number of homes eligible for a cash offer will likely increase by 30%,” according to the release.

AI is not doing anything that traditional research couldn’t accomplish, but it does accelerate the process dramatically, which in a fast-moving and ultra-competitive market, is crucial to these businesses.

“AI allows you to go to the self-driving dimension, which is AI outsources the heavy lifting that’s associated with a real estate transaction: the complex data, compliance, the paperwork, the finding of the home, the negotiation, the offers. I think that really makes a transaction go much faster. It is simpler, and it’s often cheaper,” said Sirosh.

With this speed, he said, artificial intelligence can conquer the most human component of any real estate transaction: stress.

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Dartmouth real estate market strong, realtor reports | Dartmouth – Dartmouth Week

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Dartmouth real estate market strong, realtor reports | Dartmouth  Dartmouth Week



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What About $8 Million Buys In Real Estate Around The World – Forbes

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When it comes to luxury real estate, location is key. From properties with French alpine to Pacific Ocean views, these luxury listings take advantage of their picturesque settings. 

French alpine chalet 

Location: Courchevel Le Praz, France 

Price: $7.542 million (EUR 6.36 million)

This wood-filled chalet overlooks the ski slopes from an expansive living room with a fireplace and an adjacent south-facing terrace.

The six en-suite bedrooms all have terraces. A closed-in area features a pool and spa, along with sauna and massage room.

It is listed with Aurore Lucido of FGP Swiss & Alps.


Creek views in Colorado

Location: Aspen, Colorado

Price: $8.3 million

This ranchette home, remodeled in 2017, sits on a hillside overlooking Brush Creek Valley, the Snowmass ski area and Hunter Creek. The main home, which features antique 19th-century French Provincial/Mediterranean doors, has three bedrooms and 2.5-bathrooms. Features include a pantry with a custom wine cellar. A large outdoor entertaining area comes with a wraparound stone deck. 

A two-story accessory dwelling unit, built in 2005, houses an art studio and kitchen on the first floor and one bedroom, one bathroom, and a kitchen on the second. A three-car garage comes with a full bath.

It is listed with Stephanie Redmond of Slifer Smith & Frampton Real Estate.


Spanish island villa

Location: Son Termes, Bunyola, Mallorca, Spain 

Price: $8.241 million (EUR 6.95 million)

This villa sits surrounded by nature on the island of Mallorca. The 12-bedroom, nine-bathroom stone residence has classic Spanish architecture, shaded outdoor sitting areas and a modern swimming pool. 

It is listed with Antonio Ribes Bas of Inmobiliaria Rimontgo.


Historic oceanfront in Santa Monica

Location: Santa Monica, California

Price: $7.75 million

Designed and built in 1910 by architect Robert D. Farquhar, this three-bedroom home sits just off the Santa Monica Bluffs, with views to the Pacific Ocean. The home has been reimagined with luxurious finishes, including white oak flooring and custom automated shades. The kitchen features custom two-tone Italian cabinetry and stone countertops and Wolf, Sub-Zero, and Miele appliances. The bathrooms include luxe fixtures by Brizo, Rohl, Newport Brass and Toto. 

This home features a patio and the ground level and a deck on the second floor comprising more than 1,000 square feet of private outdoor space. 

It is listed with Bjorn Farrugia of Hilton & Hyland.


FGP Swiss & Alps, Hilton & Hyland, Inmobiliaria Rimontgo and Slifer Smith & Frampton Real Estate are exclusive members of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.

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