Thin home, big price: 12-foot wide Vancouver abode nets $1.35M
A 12-foot wide home in Vancouver’s tony Point Grey neighbourhood is catching attention for more than its tiny stature.
The remodeled gem, which is only 3.6 metres (12 feet)-wide, just sold for $1.35-million. It was on the market for just seven days.
With one bedroom, a high-end kitchen with an apartment-sized fridge, living room and one-and-a-half bathrooms, realtor Kristy Mattiazzo insists that the tiny 945-square-foot space feels much more spacious because of its “smart design.”
"The feel of it, because it has soaring ceilings, is beyond what it looks like on paper," she told CTV Vancouver.
The scrawny home is one of about 60 so-called “thin homes” built in Vancouver in the 1980s, and one of the only ones that is still standing.
Mattiazzo said the old adage of “location, location, location” is key to this sale.
"Land, land is the key here," she said. "Where else are you going to get land in Point Grey for that price?"
A March report found that the average price for a detached home in Vancouver and Toronto passed the $1 million mark in both cities.
Another report from Vancity Credit Union predicted that the average home price in Vancouver will exceed $2.1 million by 2030.