House Number (Tetraphobia) Can dictate property Prices

Tetraphobia is an aversion to or fear of the number. The house number can be goldmine or a curse depending upon the people you are dealing with. The superstitious is alive and well” says Navtaj Chandhoke, founder of one of the largest Canadian Professional Real Estate Investors group (PREIG) CanadaI have seen people paying premium for numbers like 3, 8, 786 and so on and you will be bidding war, no matter what the economy is doing compare to number 4, 13 and 666 which means you will have extremely difficult time to sell and at much lower price.”

Tetraphobia

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Home Sold Vancouver for more than half a Million asking price

Home Sold Vancouver is becoming norm.”Real Estate market is steamy hot in Vancouver says Navtaj Chandhoke, founder of Professional Real Estate Investors Group (PREIG) Canada, “Great quality neighborhood with large lots can dictate unbelievable price in Vancouver”

This Home Sold Vancouver located on7289 Waverley Avenue, Burnaby had 5-bedroom, 2-bathroom, detached house with approximately 3,408 square foot. Based upon British Columbia Assessment of 2011, its value should be approximately $850,800.00. This property was listed on Multiple Listing service MLS for $1.198 million dollars.

This property get sold for $1.738 million dollars within a week time $540,000.00 dollars
over asking price! Wow!
$540K over asking price

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