The high cost of housing is no laughing matter in Vancouver, BC.
But here is something to make you smile—a gingerbread house listed on craigslist for a whopping $4.5 million. Located on the city’s prestigious west-side, the sweet one-bedroom, one sq. ft. property is an “investor’s dream”.
The customized cookie-and-icing construction has many charming features and colourful details.The cottage is a fully detached dwelling that took two days to build, but the baking sheet upon which it stands is not included in the sale. The seller, Vancouver resident Ari Ron, demands “serious buyers only.”
This delicious piece of real estate has garnered much interest and a few offers including a trade of a cake for the gingerbread house; and $2 million in counterfeit Canadian Tire money. Neither pitch was accepted and Mr. Ron has created a GoFundMe campaign to support B.C. Children’s Hospital. He will personally deliver his gingerbread creation to whomever makes the largest donation.
According to CBC News, in Metro Vancouver, the benchmark price for a detached house is 20.1 per cent higher than it was a year ago — now averaging $1.2 million. The continuing price escalation is being driven by low mortgage rates and a low supply of houses being listed.