Home sales continue to defy expectations in Mission, as another home — this time a tiny rancher — has sold for well over the assessed value and asking price.
The house sold for $1,700,000, above the 2022 assessed price of $903,000. According to real estate company Zealty, that is a whopping $200,500 over the asking price of $1,499,500.
Located at 9070 Emiry Street in Mission, the three-bedroom one-bathroom rancher sits next to a detached shop rebuilt from the ground up in 2017.
Listed by ROYAL LePAGE, the 69-year-old cozy rancher was built in 1953 but has been kept in pretty good condition. As cute as this rancher is, at 1,335 sq ft, the $1.7 million price tag is quite surprising, being that listings with higher square footage have sold for less in the area.
Most of the acquired value can be attributed to the size of the lot the rancher sits on at 21,780 sq ft.