Blast From the Past: Vanmag February 1981

We recently sent an intern into the archive room to find something. He came out, laughing, with this:

 

Vancouver magazine cover Feb 1981

 “Harder to Buy, But People Are Still Doing It.”

 

 Vanmag Feb 1981 p 63

“Five years ago, they bought their 1,600-square-foot suite for $40,000, later added the neighbouring unit and expect to spend $100,000 renovating them into one stunning West End home.”

 

Q: What can you find in Metro Vancouver today for $140,000?

A:  A 35-year-old, 593 sq. ft. 1-bedroom ground floor suite in Richmond with shared laundry

More on Vancouver’s modern-day real estate predicament

Six fool-proof tips for buying a home in Vancouver