How much is the house price in Vancouver?

Now more and more people buy houses in Vancouver, because buying a house in Vancouver can meet the needs of many people, and Vancouver can meet everyone, whether it is international students or immigrants. So what is the house price in Vancouver, and what should I pay attention to when buying a house in Vancouver? Let's get to know it together!

How much is the house price in Vancouver?

You know, houses in Vancouver are not calculated by "square meters", but by "square feet". 1 square foot equals 0.093 square meter. The house price in Vancouver cannot be calculated by the unit area of the house, but by the area of a building. The price difference of houses in Vancouver is also relatively large, some are above 3 million Canadian dollars, and some can be bought as long as 6.5438+0.5 million Canadian dollars.

What should Vancouver pay attention to when buying a house?

1, a prime location for buying a house

In fact, the most important factor that determines the value of real estate is the location, so the most important thing to buy a house is to look at the location first. However, the price of a good location is also more expensive. For example, in Vancouver, the price of a good location is quite different from that of an ordinary house.

It is more comfortable to find a house online.

When we determine the budget of the house, we can browse more information on the Internet, because the information on the Internet is wide and easy to find.

3. Buying a house depends on the neighbors.

Before buying a house, in addition to the quality and price of the house, it is also necessary to understand the community. You need to check the information of the community in advance, such as the occupation, average income and crime rate of neighbors. Before buying a house, you can walk around the community, chat with your neighbors and see if the crowd is friendly. It also depends on the community environment and public security, which is related to the future housing security.

4. About loans

The Bank of Canada stipulates that all large banks must take the lender's repayment ability into account when processing non-resident loan applications. Therefore, when applying for a loan, the lender should submit proof of income and then check the rental value of the house to be bought in the market. If the potential income exceeds the relevant expenses of the house, the loan can be approved.