604-224-5277 Toll Free: 1-855-760-6886
Presenting our clients' properties with greater detail and content than available on the MLS®.
Choose from tens of thousands of Lower Mainland homes with our unique MLS® search tool.
Get started with one of the predefined searches below:
Explore Luxury Real Estate Properties Worldwide. Our network includes over 140 Affiliated brokerages in more than 45 countries.
Photos, maps, videos, market statistics and more!Everything you need to know about these fantastic Vancouver area neighbourhoods.
Email your list of favourites and saved searches to your mobile device or share with friends!
A wise female financial advisor once explained to me the difference between how her male and female clients view money. “For most men, money is a river: as long as it keeps flowing, everything is fine. For most women, money is a lake and they get nervous if it ever starts to go down,” she said.
I was thinking about that recently when I was working with a young, single woman who was looking to buy her first home, a Mount Pleasant condominium.
Though it would stretch her budget she insisted on a two-bedroom unit. She explained that she would need the extra space for any family visitors and ”if things ever get tight, I can Airbnb the extra room,” she said, adding she was confident the eventual resale value on a two-bedroom would be higher than from a smaller suite.
It was the kind of pragmatic thinking I have seen during an increasing number of transactions involving single women buyers. These ladies are not all young or buying their first home. Some are seasoned investors looking for a second or even third property. Some are mid-age divorcees moving up. Others are older and moving on after the death of spouse.
But they share certain characteristics: they think long term, they think of others; they are earning or have access to sufficient funds; most are willing to buy a home that needs some renovation; and they are not afraid to mix-it-up in multiple-offer, multi-bid situations.
There are few hard statistics on how many homeowners are single woman. U.S. studies say it is around 18% and most Canadian estimates are in the 20% range. In Metro Vancouver, I think it is closer to 30% for single women who have never married, 50% for divorced or separated women and even higher for widows.
I believe the number of single-female buyers is increasing, and this is backed up by a recent mortgage survey by a major Canadian bank. It found that 49% of single women plan to buy a home, compared to 35% of single men. As the study found, women are more cautious than men when shopping for a home, continually weighing costs, affordability and potential appreciation into their decision.
So what do Vancouver women really, really want in a home?
Well, most are buying condominiums, though a number of our older female clients are moving up or laterally into a townhouse or detached house. But there are some desires that all women seem to share: they want a safe yet lively neighbourhood with shopping, dining, entertainment and transit close at hand, and, in strata buildings, they want well-lit and accessible parking.
And, I have found, they like to feel they can take care of themselves, both physically and financially. If they view money as a lake, I believe today’s women see their own home as a ship they can steer to financial security.
5679 Newton Wynd,Vancouver West
Fawn Bluff,Bute Inlet
2606 – 2610 Marine Crescent,Vancouver West
6183 Carnarvon Street,Vancouver West
4572 West 3rd Avenue,Vancouver West
4661 Marguerite Street,Vancouver West
2454 West 13th Avenue,Vancouver West
1460 McRae Avenue,Vancouver West
4176 Crown Crescent,Vancouver West
1657 W King Edward Avenue,Vancouver West
3707 West 37th Avenue,Vancouver West
2588 Courtenay Street,Vancouver West
2868 West 35th Avenue,Vancouver West
4437 Huxley Avenue,Burnaby South
17809 Whitfield Road,Okanagan
611 Shaw Avenue,Coquitlam
3700 Partridge Road,Okanagan
505 N Kootenay Street,Vancouver East
“The Legacy” – 2968 Birch Street,Vancouver West
2440 Gammon Road,Okanagan
2-2838 Birch Street,Vancouver West
3353 Monmouth Avenue,Vancouver East
615 Shaw Avenue,Coquitlam
4196 Staulo Crescent,Vancouver West
255 N Dollarton Highway,North Vancouver
786 – 3311 Ketcheson Road,Richmond
104-997 West 22nd Avenue,Vancouver West
516-6033 Gray Avenue,Vancouver West
12787 Stave Lake Road,Mission
26 -7333 Turnill Street,Richmond
1701-4638 Gladstone Street,Vancouver East
204-1515 West 2nd Avenue,Vancouver West
783 Martin Street,Okanagan
113 – 9299 Tomicki Avenue,Richmond
Lot Q 739 Highland Road, Roberts Creek,Sunshine Coast
310-10880 No. 5 Road,Richmond
“Olea” Camana Bay, Grand Cayman Island,Grand Cayman Island
Our Real Estate Listings
Our Real Estate Blog
Head Office: 1838 West 1st Avenue Vancouver, B.C V6J 1G5 Fax: 604-224-5279 Email: email@example.com
Marketing Services: 101 - 2930 Arbutus Street, Vancouver, BC V6J 3Y9
Our Real Estate Affiliates
Copyright © 2020 Faith Wilson Realty Group Inc.