We did our research and spoke to a few Burnaby real estate agents about famous property lawsuits in the area, who the best Realtors are, and answered top questions people have about the real estate market in Burnaby.
Working with a Chinese Realtor can be an advantage in the Vancouver property market…
Let’s start off with famous property lawsuits.
Large property lawsuits in Burnaby BC
If you need a lawyer in Burnaby BC, reach out to Davison North Law at 6046297808
Real estate lawsuits have been a recurrent topic in Burnaby, Canada. These lawsuits have covered a broad spectrum of problems, ranging from property disputes to construction defects and landlord-tenant disputes.
One of the most significant real estate lawsuits in Burnaby occurred with the redevelopment of the Metrotown area. The redevelopment project raised concerns among some residents who filed a lawsuit against the developer claiming that the project would harm the community.
The lawsuit argued that the redevelopment would displace long-term residents and small businesses, worsen traffic congestion, and lower the quality of life for those living in the area. The lawsuit was eventually settled out of court, with the developer agreeing to adjust the redevelopment plans to address the residents’ concerns.
Notable real estate lawsuits
Another notable real estate lawsuit involved a dispute between two property owners over a shared driveway. The issue arose when one of the owners claimed that the other was using the driveway without permission.
The dispute escalated, and the property owner who claimed the other was using the driveway without permission filed a lawsuit against the other property owner.
The lawsuit alleged that the other property owner was trespassing and sought damages for the trespass. The case was resolved with the two owners coming to an agreement over the use of the driveway.
Real Estate Agents in Burnaby’s Property Market
This case highlighted the importance of property owners understanding their property rights and having clear agreements with neighbours when it comes to shared property.
In another real estate lawsuit, a tenant sued their landlord over the poor conditions of their rental unit. The tenant claimed that the unit had issues such as mould, leaks, and a malfunctioning heating system.
The tenant argued that the landlord had failed to make necessary repairs despite numerous requests and that the conditions were not in compliance with health and safety standards.
Maintaining their rental properties
The lawsuit sought damages for the tenant’s discomfort, inconvenience, and loss of enjoyment of the rental unit. Eventually, the landlord agreed to make repairs to the rental unit and compensate the tenant for the inconvenience caused. This lawsuit highlighted the importance of landlords maintaining their rental properties to ensure their tenants’ health and safety.
In yet another real estate lawsuit, a homeowner sued their builder over construction defects in their newly-built home. The homeowner claimed that the builder had failed to comply with building codes and industry standards, resulting in significant defects in the construction of the home.
The lawsuit sought damages for the cost of repairs and compensation for the inconvenience and stress caused by the construction defects. The lawsuit was eventually settled out of court, with the builder agreeing to make necessary repairs to the home and compensate the homeowner for the damages caused.
Obtaining warranties and guarantees
This lawsuit highlighted the importance of homeowners hiring reputable builders who comply with building codes and industry standards, as well as the importance of obtaining warranties and guarantees for the work done.
These real estate lawsuits in Burnaby reflect the importance of understanding property rights, complying with building codes and industry standards, and maintaining properties to ensure the health and safety of tenants. They serve as a reminder of the significance of clear agreements between property owners and neighbours when it comes to shared property.
Top Realtors in Burnaby BC
In addition to the real estate agent we suggested at the beginning of this article, below are some top Realtors.
The Burnaby real estate market is a rapidly growing sector that has seen substantial growth in recent years. As of September 2021, the average home price in Burnaby was $1,149,300, representing an increase of 15.8% from the previous year. With such growth, it’s essential to have a good understanding of the local market trends when choosing a realtor in Burnaby.
The Burnaby market is highly active, with the average days on the market for a home being only 13 days. This is an indication that the market is highly competitive, with demand outweighing supply.
Why You Need a Skilled Burnaby Real Estate Agent
As such, it’s crucial to work with a top realtor who can provide you with personalized service and help you make informed decisions regarding buying or selling a home in Burnaby.
When looking for a top realtor in Burnaby, it’s crucial to find someone with extensive experience in the local market. The followings are some of the top realtors in Burnaby, known for their exceptional customer service and commitment to their client’s best interests.
See our list of Burnaby real estate agents below.
Sarah Daniels – Sutton Group-West Coast Realty
With over 20 years of experience in the industry, Sarah Daniels is undoubtedly one of the top realtors in Burnaby. She has received numerous awards, including the prestigious Medallion Club Award, which recognizes the top 10% of realtors in the Greater Vancouver area.
Sarah is renowned for her personalized approach to real estate, connecting with clients on a personal level, and her ability to negotiate skillfully on behalf of her clients.
Danny Camele – Sutton Centre Realty
Danny Camele is another top realtor in Burnaby, with over 14 years of experience in the industry. He has built a reputation for exceptional customer service, going above and beyond for his clients.
Danny’s deep knowledge of the Burnaby real estate market makes him an excellent choice for those seeking a Realtor with insights into up-and-coming neighbourhoods and properties likely to appreciate in value. He is also a skilled negotiator, always looking out for his client’s best interests.
Brian Vidas – Sutton Centre Realty
Brian Vidas has over 30 years of experience in the Burnaby real estate market, making him a highly experienced and sought-after realtor.
His skills as a negotiator and extensive knowledge of the local market trends have earned him a place in the Medallion Club, which recognizes the top 10% of realtors in the Greater Vancouver area. Brian is known for his exceptional customer service and ability to connect with clients on a personal level.
Below are some other Burnaby real estate agents.
Burnaby Real Estate Agents
Chris Sheppard is a top realtor in Burnaby with over 15 years of experience in the industry. He has won numerous awards, including the prestigious Medallion Club Award, for his outstanding performance in the Burnaby real estate market.
Chris is highly skilled at negotiating on behalf of his clients, and his deep knowledge of the local market trends makes him an excellent choice for anyone looking to buy or sell a home in Burnaby.
Beryl Pye – Royal LePage West Real Estate Services
Beryl Pye is a highly respected realtor in Burnaby with over 20 years of experience in the industry. She is known for her exceptional customer service and commitment to going above and beyond for her clients.
Beryl’s extensive experience in the Burnaby real estate market has given her a deep understanding of the local market trends, making her an excellent choice for anyone seeking personalized service from a top realtor.
We hope you found this guide on lawsuits and Burnaby real estate agents helpful.
Is Burnaby BC Expensive To Buy a House In?
Housing is the most significant expense for residents of Burnaby, with the average home price in September 2021 being $1,149,300, significantly higher than the national average.
According to a report from The Real Estate Board of Greater Vancouver, the benchmark price for a detached home in Burnaby was $1,811,000 in September 2021. Additionally, the average rent for a one-bedroom apartment in Burnaby is $1,425 per month, and for a two-bedroom apartment, it’s $1,795 per month.
Transportation costs in Burnaby can also be high, with gas prices higher than the national average. According to GasBuddy, the average price of gas in Burnaby as of April 2023 was $1.72 per litre, compared to the national average of $1.49 per litre. Parking costs in the city can also add up, with some areas having limited street parking.
Burnaby Real Estate Agents
Burnaby has an excellent public transportation system, including buses, trains, and SkyTrain, which can help mitigate transportation costs for those who choose to use it. The cost of a monthly transit pass in Burnaby is $98, with discounts available for seniors and youth.
Food and entertainment costs in Burnaby can also be expensive, with many high-end restaurants and entertainment options available. According to Numbeo, the average cost of a meal for two at a mid-range restaurant in Burnaby is $70, while a movie ticket costs an average of $14.25.
Despite the high cost of living, Burnaby is still a popular place to live, with a population of over 250,000 people. The city’s job market is strong, with a low unemployment rate of 4.7% as of March 2023. Additionally, Burnaby has many outdoor recreational areas, including parks and trails, which are free to access.