this house was sold first in 2004 at $549K with GST in. (did not know who paid for the GST). then sold again in 2006 at $651K. the current owner paid $720K in 2011 and resold in 2012 at $700K. house market is always going up and down as you can see from the transactions of this house. when you look at it in 10 years time, the value of houses should be doubled in Gordon Head area. if you buy and sell in one year, you will loss in most cases. we do not know why the owner wants to sell it in a year, there must be a reason. may be the owner find another good deal, or the owner has moved to other place. it looks like this house was vacant when it was on the market. it indicates "has to sell".when you want to catch a train, you got to get on it as soon as you can, then you may find a seat, after that you may find a cabin if you are lucky. the key is get on first. otherwise the train is gone, then you have to wait for a long time in the cold winter rain.