"Kitsilano", for locals that grew up here, conjures up images in the 60's and 70's of hippie culture and bohemianism and old, heritage houses, in the 80's and 90's of an emerging 'yuppie-ness' and lots of wood-frame condo buildings going up on 4th and Broadway, and today of higher-end boutique shopping and desirable, upper-middle class family neighbourhoods with a blend of west-coast modern townhomes, clean-lined concrete condos, and craftsman-heritage homes becoming 'signatures' of the area.
The more seriously 'bohemian' contingent in Vancouver has moved on to areas like Commercial Drive and Strathcona, but the core 'identity' of Kitsilano is still artsy and 'cafe-culture', with lots of yoga studios, art classes, and healthy lifestyle shops and business of all types.
Bordered by an absolutely stunning shoreline to the north of sandy beaches, bits of lush old-growth forest, and strips of ultra-exclusive oceanfront multi-million dollar luxury homes, the posh(er) neighbourhood of Pt. Grey to the west, equally historical but denser Fairview to the east, and rising uphill to the peaceful, tree-lined-streeted neighbourhoods of Dunbar, Kerrisdale, Arbutus, and Quilchena to the south, Kitsilano strikes an ideal balance location-wise; a bridge crossing to downtown, butted up against the edge of the central part of the city, a 10 minute drive to UBC, 20 minutes to the airport, 10 minutes to Vancouver General Hospital... small wonder it's citizens are known for being very community conscious and progressively involved in civic and development matters. There is likely no safer area of the city to live in, and no area that better defines the 'Vancouver' lifestyle as promoted locally and globally.
Real estate in the area varies from moderately affordable to the upper edge of high-end exclusive; small bachelor condos can be had in the $200,000's, all the way up to $30 million-plus ocean-front mansions. One bedroom condos will be priced from the low $300'000's up to the low $500,000's, and two bedroom condos will be priced from the low $400's up to the $800's and higher, with most falling in the $500,000 to $600,000 range.
Townhomes start around approximately $600,000, with many in the $700,000 to $850,000 range. Half-duplexes and units in smaller, more exclusive stratas can run from the mid-$700's up to $2 million or more depending on size, finish level, and location. Houses will start in the $1 million dollar range and generally fall between $1.2-1.3 million and $2 million, with some well over $2 million if larger or on a larger lot or with a view. The ultra-luxury segment is far-ranging, but mostly contained to ocean-front on Pt. Grey road and a few other enclaves with unobstructed views.