Here is an article from 24Hours newspaper about real estate in Marpole. What Susan Boyce forgot to point out is the striking value of real estate in Marpole. I have a 630sft one bedroom condo for sale at
106-8622 Selkrik St in Marpole for only $225,000. She is correct that it is in an older building, but it has new pipes, windows, roofing and a new hot water boiler.
The Moda project by Aragon is the anomaly in Marpole. It is a quality project with great features. The floor plans, however, leave something to be desired. They are 3 stories high and only have 2 bedrooms. The roof top decks are nice though!
Another major element of Marpole Real Estate that Susan Boyce forgot to talk about was the number of duplex properties in Marpole priced around the $500,000-$700,000 mark.
There have been very few sales in Marpole condos and townhomes in the last few months. In September 2008, there were only 3 attached units that sold in Marpole and I sold 2 of them.
As the leading Marpole Realtor, I can help you find or sell Real Estate in Marpole.
Endless potential in Marpole
By SUSAN M. BOYCE, 24 HOURS
Tucked quietly onto the south edge of Vancouver, Marpole is one of those neighbourhoods most people pass through without a second glance.
It's kind of cute, and it has some shopping. But typically, Marpole is regarded as a place between - between the airport and downtown, between Shaughnessy and Southlands.
Except by the people who live there. They see a neighbourhood with outstanding access to everything from downtown Vancouver to UBC and the Vancouver International Airport, some outstanding boutique shopping and galleries, plus the fun and funky ambiance of areas like South Main or The Drive, but without the noise.
Although Marpole does offer all housing types, there's a strong line of demarcation - most single-family homes are located in the north and east, while west and south is where you'll find multi-family options. Houses are typically unpretentious and with the dated look that falls somewhere between a '50s bungalow and the infamous Vancouver Special.
Single-family homes can be had from the mid-$600,000s with a large percentage of the 70-plus currently listed holding just below the $1 million figure. Once past this benchmark, you're more likely to find a home with a more contemporary design or some renovations, but don't hold your breath too hard - renovations are usually limited to the inside with few adding the gables, covered porches, and decorative trims found in character/heritage homes. The most expensive currently listed is $1.9 million for a 4,800-plus-square-foot home that, though relatively new, lacks significant curb appeal and visual design balance.
Although Marpole has seen virtually no new inventory in the condominium market for a number of years, existing stock in older, solid buildings is typically well priced with one-bedrooms available for $250,000 and up. An anomaly in any market, the least expensive property is a 600-square-foot, two-bedroom offered for $182,000, but with at least the good grace of making no attempt to hide the fact this building is a leaker.
Townhouses are a rarity in Marpole, although the last two years are seeing private developers entering the market with small in-fill projects often spanning one or two lots. Most townhouses are priced from the mid-$500,000s. Resales in the relatively new, 23-unit Moda by Aragon Group run a little higher for a level of quality and contemporary sophistication that would be well suited to Kitsilano. One buyer described it at as "an urban edginess that's like New York and London all wrapped up with West Coast."