Pricing real estate can be extremely tricky, especially once you take all of the participating variables into consideration.
Does the price correlate with the location, features, condition & competition? Is the property getting showings, offers and feedback?
A common misconception with price adjustments is that there is something wrong with the home. However, that is RARELY the case. Sometimes, a great property has to be repositioned simply so that it can compete better with the current conditions.
Luckily, we have a handful of amazing condos in Downtown Vancouver that have just recently been reduced under $1 million that I think you will love!
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