West Vancouver. 2016 Update.
Homes in West Vancouver run $1,300 -$20 mln depending on the neigbourhood.
In Horseshow Bay, Lions Bay, Furry Creek, Whytecliff you can buy home with 8-10 square feet lot for $1.3-2 mln.
Westmount is one of the popular places to leave because of the West Bay Elementary School offering IB programm. You could buy a home in this area from $1.5 mln (but close to highway and no view) to $10 mln.
Dundarave Village is a charming seaside community. A great place to escape and enjoy lunch with a friend, or explore an eclectic mix of galleries, antique shops and one-of-a-kind specialty stores. The average lot size in this area is 8,000 square feet. And homes recently for sale in the price range from $2.5-6.5 mln.
Amlbeside is nice small community in a centre of West Vancouver with an average lot size 7000 square feet. You can buy homes in Ambleside from $2.2-4.5 mln. This is the best area if you need an easy access to dowtown or Vancouver or like shopping.
The most expensive home was sold for $20 mln in Caufield in 2016 at Key Cliff Rd. But since Caufield, Rockridge, Cypress is not so close to the centre of West Vancuver, to Lions Gate Bridge and shopping cenrtres these neighbourhoods are not so popular among locals.
The most popular houses to buy in West Vancouver with the size of the lot from 11-16,000 square feet - enough privacy and you can build good size of real estate. But the biggest and most expensive pieces of land you can find in Westmount, British Properties, Altamont, Rockridge and Cypress. Some of the homes have 30-40,000 square feet lots.
View homes are the most expensive. But when the home looking to the water it's much more expensive than the identical one with a view to the mountains or downtown of Vancouver. The price difference could be $1-5 mln only just for the water view. Westmount and British Properties are the most popular areas to leave among Chinese buyers, since these neighbourhoods remind them Hong Kong with its spectaculare views to the ocean and downtown in the same time. View, deers and bears, big parcels of land but still located too remotely from everything. The homes could run $4-15 mln.
Homes built with the mortgage helpers - secondary suites - not popular in West Vancouver. Why? West Vancouver mostly occupied by rich people and celebrities. The neighbourhood of Altamont in West Vancouver was ranked as the wealthiest in Metro Vancouver, where residents had an average net worth of $7,170,565 and an average income of $353,634. The neighbourhood as a whole consumes an average of 39 bottles of champagne a month, and 48 bottles of imported wine. Homes in that area are currently listed between $5 million and $16.8 million.