Vancouver vs. Beverly Hills: what $4.89-million will buy in real estate

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With $4.899-million, you could either live in a tear down at one of Vancouver’s best neighbourhoods or a massive and beautifully designed Mediterranean mansion in one of the world’s most well-known addresses.

This gem of a comparison was first made by Pricey Pads earlier in the year, and it perhaps paints yet another bigger picture that Vancouverites in general could be cash poor but real estate wealthy.

$4.899-million – 2083 West 20th Avenue, Vancouver

This Vancouver property near Arbutus Street gives you a 3,300 square foot, 2-storey home that is ready for teardown. It was originally built in 1949 with 4 bedrooms and 3 bathrooms on its 0.29 acre lot.

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Image: Realtor.ca

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Image: Realtor.ca

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Image: Realtor.ca

$4.7-million – 13810 Bulholland Drive, Beverly Hills, California

In California, you could live in a beautifully built and kept Mediterranean mansion in one of the world’s most famous neighbourhoods. The 1993-built mansion has 15,000 square feet of floor space on its 0.46 acre lot. It has 7 bedrooms, 10 bathrooms, expansive outdoor spaces and resort-style grounds that are great for throwing a party.

And at $4.7-million, it’ll actually cost $199,000 less than the Vancouver house! There are even better deals in France where you could buy nine French castles for the price of a single Vancouver tear down.

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Image: Hilton & Hyland

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Image: Hilton & Hyland

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Image: Hilton & Hyland

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Image: Hilton & Hyland

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Image: Hilton & Hyland

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Image: Hilton & Hyland

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Image: Hilton & Hyland

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Image: Hilton & Hyland

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