{"id":240,"date":"2026-10-16T12:00:00","date_gmt":"2026-10-16T12:00:00","guid":{"rendered":"https:\/\/www.sammehrbod.com\/blog\/?p=240"},"modified":"2026-10-16T12:00:00","modified_gmt":"2026-10-16T12:00:00","slug":"buying-before-jericho-lands-development","status":"publish","type":"post","link":"https:\/\/www.sammehrbod.com\/blog\/2026\/10\/16\/buying-before-jericho-lands-development\/","title":{"rendered":"Buying Before Jericho Lands Development"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Should you buy in West Point Grey before the Jericho Lands are built? My advice is not to purchase solely to get ahead of the redevelopment timeline. The 90-acre Jericho Lands project was approved in 2025, but construction timing, disruption, and the eventual impact on nearby properties still matter.<\/p>\n<p>Instead, evaluate the home on fundamentals: price, layout, condition, location, and long-term livability. The opportunity may be in negotiating well rather than speculating on future appreciation. As a starting lens, I would be cautious about paying above assessed value and would look for meaningful value\u2014potentially around 10% below assessment where the property and market conditions justify it.<\/p>\n<p>Location is especially important if you are buying for a view or want to minimize future development exposure. Be careful with homes directly facing planned growth areas, including parts of the West 4th and West 8th corridors. A view that feels valuable today may change as new buildings are completed, so avoid investing heavily in an outlook that is not guaranteed.<\/p>\n<p>I work in West Point Grey every week and can help you assess a property beyond the headlines. Before making an offer, review the numbers, understand the development context, and negotiate from a position of value.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Should you buy in West Point Grey before the Jericho Lands are built? My advice is not to purchase solely to get ahead of the redevelopment timeline. The 90-acre Jericho Lands project was approved in 2025, but construction timing, disruption, and the eventual impact on nearby properties still matter. Instead, evaluate the home on fundamentals: [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/posts\/240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/comments?post=240"}],"version-history":[{"count":1,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/posts\/240\/revisions"}],"predecessor-version":[{"id":244,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/posts\/240\/revisions\/244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/media\/241"}],"wp:attachment":[{"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/media?parent=240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/categories?post=240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/tags?post=240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}