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Monday, December 14, 2020

Valuing Vancouver


The MountainMath weblog has created an interesting mapped visualization of Vancouver's Homes inwards One Family (RS) Zones. The map allows yous to meet your salary to persuasion where yous tin afford to purchase a domicile inwards the metropolis (or, equally is to a greater extent than likely, where yous can't afford to buy).

If yous earn less than $175,000 your options for buying inwards a i menage unit of measurement zone are rattling limited. At closed to 200k yous convey some express selection inwards the far eastern outskirts of the city. At 300k a twelvemonth yous tin pretty much convey your pick of the East Side. If yous desire to purchase inwards the West Side too then yous bespeak to live on earning due north of $400,000 a year.


In Jan Demographia International named Vancouver the tertiary to the lowest degree affordable housing marketplace inwards the world, behind Hong Kong too Sydney. Darkhorse Analytics has created an interactive map to help explicate how the city's housing marketplace has larn thence unaffordable. The 2017 Property Assessments Map visualizes the average belongings assessments for buildings inwards Vancouver.

Individual edifice footprints on the map are colored yesteryear their value. One impressive characteristic of Darkhouse Analytics' mapped visualization is the 'Stories inwards the Data' feature. This characteristic picks out interesting stories inwards the information to help explicate the high cost of belongings inwards the city. For illustration it highlights on the map neighborhoods where the average belongings assessments are higher or lower than the average for the city. It too highlights areas where at that topographic point are large variations inwards belongings prices.


The Vancouver Land Prices Heat Map visualizes the cost of Vancouver parcels of Earth based on the 2014 BC assessment information from taxation reports. Land parcels on the map are coloured to reverberate the cost per foursquare human foot of the property.

The map shows that many of Vancouver's almost expensive properties are concentrated inwards the Downtown, West End too Fairview neighborhoods. The map too shows that Earth prices tend to larn cheaper the farther yous motility eastward inwards the city. If yous guide a edifice lot on the map yous tin persuasion the exact cost per foursquare human foot for the property.