Anmore and Belcarra are home to some of the priciest homes in the Tri-Cities.
But some savvy buyers are driving hard bargains to get themselves a good deal in at least two recent cases.
According to Zealty.ca, where you can track prices from asking and sold, two homes in Anmore and Belcarra went for less than asking.
That comes as a surprise because in many cases — if not most — single family homes in nearby Port Moody, are selling for more than the listed price.
But according to Zealty,ca, which tracks information from multiple sources, here's what happened in two recent cases.
In Anmore, a luxurious nearly 10,000 sq. ft. home on a one-acre lot sold for $3.4 million, down from $3.7 million.
It was recently renovated by a top architect, according to the write-up, and featured a gourmet kitchen, a nanny suite, air conditioning, a hot tub, six bedrooms and seven bathrooms.
But it appears the buyer got an even better deal, as the original asking price was $4.6 million, according to the website, which means home eventually sold for $1.2 million less than asking, or about a 25 per cent price drop.
The assessed value, as of July 2021, was $3.960 million, according to the BC Assessment Authority.
In Belcarra, meanwhile, a 3,344 sq. ft. rancher located at 3377 Bedwell Bay Rd. sold for $2.080 million, less than the $2.320 million the owner was originally asking.
However, the seller still sold for higher than the assessed value, which was $2.028 million, according to the BC Assessment Authority.
The 54-year-old five-bedroom, three-bathroom house has acreage, beautiful views and is close to Sasamat Lake.
Both these homes sold in early March 2022, according to Zealty.ca.
According to the Real Estate Board of Greater Vancouver, buyers and sellers are gearing up for a busy spring season and although there may be a modest uptick in home listing activity no significant drop in prices is expected.
"A lack of housing supply is at the heart of the affordability challenges in Metro Vancouver today," stated REBGV Chair Taylor Biggar in a statement.
— with a file from Kyle Balzer, Tri-City News