Common Geyser, use your brain!
It was a specific lot mentioned in the article, not "average vancouver house price"!! Why people spent that much money for a lot is beyond me, ... maybe it was for a very expensive highrise, or a new landmark in the city, but definitely you can't sell each and every ( an average) lot in Vancouver for that price!
Do you know how much it worths today for $887,000 in 1911? I guess you have to time a factor of 100!
I don't have to split hair for your article, I just know this number can not be " an average Vancouver house price".