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Here are the 5 most valuable homes in B.C. for 2024

  • Nishadil
  • January 02, 2024
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Here are the 5 most valuable homes in B.C. for 2024

Article content The B.C. Assessment Authority’s list of the most valuable homes in B.C. is dominated, naturally, by the City of Vancouver but also includes a Gulf Island property. Here are the top five: The house that yoga pants built. Vancouver billionaire and Lululemon founder Chip Wilson’s 16,000 square foot concrete waterfront home is again the most valuable residential property in B.C.

The property rose in value 10.5 per cent between July 2022 and July 2023 — outperforming the four per cent average for Vancouver homes. This home on a 0.7 hectare (1.719 acre) lot was completed in 2007 and has close to 29,000 square feet of living space. Most of that is on the top floor, which has sweeping views of English Bay and the North Shore mountains.

On July 1, 2022, the home was valued at $66,964,000, so it has risen in value by just over five per cent. The site of a former dynamite manufacturing plant and the claimed hereditary home to the Tsawout First Nation, the 312 hectare property is located off the coast of Vancouver Island, south of Sidney, and is owned by JI Properties, a holding company for Seattle billionaire Craig McCaw.

The property was previously valued at $61,239,000, so has fallen in worth by just over five per cent. Built and once owned by the late Joe Segal, this 16,500 square foot home was sold in April 2021 for $42,000,000. It increased in value 3.2 per cent between July 1, 2022, and July 1, 2023. The house that Army & Navy built.

This 9,300 square foot home is owned by Jaquie Cohen, the granddaughter of the founder of Army & Navy, Samuel Cohen. In July 2022, it was assessed at $39,423,000, so has risen in value by almost nine per cent..

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