Pitt Meadows house sets neighbourhood record in $1.47-million sale

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Rising interest in Pitt Meadows properties led to 25 showings and a sale $71,000 over list price within a week

The 2,813 square-foot, four-bedroom house with mature garden in the South Meadows neighbourhood was built in 2004 and underwent a full renovation in 2018.The agents received five offers on offer day and the sale price set a record for the neighbourhood. The Pitt Meadows couple that purchased the home had viewed about 15 properties in the area and had lost out on offers. So they put in a higher offer on this one. They were looking for a home to start a family and to work remotely.

“Buyers coming from the city are contributing to the rising prices in areas like Pitt Meadows,” Ms. Harmse says. “They have a bit more equity to work with and are used to higher price points … one couple even mentioned to me, ‘I never thought I’d be looking in Pitt Meadows for a house.’”The kitchen features an eight-seat kitchen island, white quartz countertops, custom cabinets, coffered ceilings, pot lights, and top-end appliances.

By the time they listed in 2021, the market had shifted, she says. Pitt Meadows had become more desirable, which led to 25 showings and a sale within a week. The sale completed Aug. 26.to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

Source: Loan Digest (loandigest.net)

 

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Imagine spending $1.5m to live in Pitt Meadows.

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