Stigmatized Properties

Stigmatized Properties in Greater Vancouver Real Estate

Stigmatized Properties, Haunted House

What is a stigmatized property?

A stigmatized property is a Real Estate term used to describe a property that is perceived to have negative qualities or a history that may deter potential buyers, but these negative qualities are not related to the property’s physical condition or features. Instead, the stigma is typically associated with events or circumstances that have occurred in or near the property. Common reasons for a property to be stigmatized include: a violent crime, a murder, suicide, a haunted reputation, a former owner with a notorious history, a property next door to a residence occupied by a convicted pedophile or a reputed gang member.

The definition of a stigma can fluctuate from individual to individual, influenced by their beliefs, values, cultural background, personal history, and sensitivities. What one person might consider unacceptable might hold little or no significance for someone else.

When a property becomes known as a “stigmatized property” a potential buyer may avoid purchasing the property, potentially making it much more difficult to sell and ultimately adversely affecting its market value.

In British Columbia, there is no legal obligation for a property owner or a real estate agent representing a seller to divulge a stigma to a prospective buyer. This is partly because some buyers may be superstitious or uncomfortable with the property’s history, while others may see it as an opportunity to purchase real estate at a lower price due to the stigma.

When is the information about a stigma disclosed?

If a buyer asks a specific question to the seller’s REALTOR®, they’re obligated to tell the truth, or indicate their client has instructed them not to answer the question.

What do buyers need to know?

If you are considering buying a stigmatized home, you should keep in mind that the stigma might affect the price when you will try to sell the property.

How do you protect yourself from buying a stigmatized property?

By asking lots of questions! If you have suspicions about a possible event or circumstance that may have occurred in or near the property, you should be very diligent in your inquiries, checking with the seller through their agent, the police, neighbours, newspapers and google, leaving no stone upturned. The more due diligence you can do the less chance you have of being surprised.

Legally speaking.

A case of a stigmatized property: a man was murdered outside the gate of his Shaughnessy home. Roughly a year later, the property was listed for sale and a buyer entered into a Contract of Purchase and Sale but before completion, discovered the details of the murder and refused to close on the grounds that the Seller had failed to disclose the murder. See all the details and the courts decisions on British Columbia Real Estate Association website.

Spooky Real Estate: Exploring Haunted Houses in Vancouver, BC

Vancouver, British Columbia, is renowned for its stunning natural beauty, diverse culture, and thriving real estate market. But beneath the city’s exterior of modern condominiums and charming heritage homes, there exists a hidden world of haunted houses that send shivers down the spines of potential buyers.

Vancouver has its share of real haunted locations and spooky tales. Please note that these are local legends and stories, and the existence of ghosts or hauntings is a matter of belief and perception. Haunted Houses might be considered stigmatized properties.

Here’s a list of some well-known places in Vancouver with reputed hauntings:

Old Spaghetti Factory: This waterfront restaurant in Gastown is rumoured to be haunted by the ghost of a tram conductor who died in the building. Diners have reported strange occurrences and sightings.

Fairmont Hotel Vancouver: This historic hotel is said to have a “Lady in Red” ghost who roams the 14th floor. She is believed to be the spirit of a woman who died in the hotel long ago.

Hycroft Manor: Located in Shaughnessy, this mansion is rumoured to be haunted by a former owner. Visitors have reported encountering ghostly apparitions and hearing mysterious footsteps.

The Orpheum Theatre: Built in the 1920s, this iconic theater is said to be home to the ghost of a former manager. Employees have reported strange happenings and unexplained phenomena.

Vancouver Police Museum: Housed in the city’s former morgue, this museum is known for its eerie atmosphere. Visitors have reported ghostly encounters and strange occurrences within its walls.

Riverview Hospital: This now-abandoned mental health facility in Coquitlam has a reputation for paranormal activity. Many believe the spirits of former patients still linger on the grounds.

Sylvia Hotel: This historic hotel on English Bay is said to be haunted by a ghost named Sylvia. Guests have reported encounters with her spirit and unexplained phenomena in the hotel.

Carnarvon Park: Located in New Westminster, this park is rumored to be haunted by the ghost of a woman who was tragically murdered there. People have reported hearing her cries and experiencing cold spots.

The Cambie House: The haunted house has been demolished, and the city of Vancouver approved the rezoning application for a 6-storey residential building. Read the details on DailyHive.

The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only.

Check our other blogs under Real Estate 101 – that might give you answers about buying or selling a home.