Demographically, the community attracts both young professionals and retirees who enjoy living in a peaceful environment with easy access to essential services such as shopping centers, health facilities, recreational parks, and public transit systems.
With its rich history, beautiful surroundings, and convenient location, King George Corridor has become one of the most sought-after neighborhoods in Surrey.
The schools near King George Corridor in Surrey, BC are:
- Martha Jane Norris Elementary School (less than a kilometer away)
- Prince Charles Elementary School (1.6 km away)
- Earl Marriott Secondary School (3.2 km away)
- Semiahmoo Secondary School (4.8 km away)
- Fraser Heights Secondary School (5.9 km away)
Average Home Prices
The average home prices in King George Corridor, Surrey have shown a steady increase over the past few years.
This is largely due to the market trends and high housing demand in the area. Despite this, affordability factors are still being considered by developers as they plan new developments within the neighbourhood.
Average home price is $1,698,550 CAD in 2023.
Residents can expect to enjoy local amenities such as shopping centres, restaurants, parks and recreation facilities which add value to their investment.
As we continue to see growth and development in King George Corridor, it’s no surprise that more people are choosing to make this community their home.
Average Townhome Prices
After seeing the staggering average home prices in King George Corridor, one might think that finding affordable townhomes would be an impossible feat. However, there are still options for those looking to buy a townhome without breaking the bank.
Average townhouse price is $996,882 CAD in 2023.
Here are three reasons why investing in a townhome in this neighborhood is worth considering:
- Townhome features – Many of the townhomes in King George Corridor offer modern amenities such as stainless steel appliances and granite countertops. Additionally, many have private outdoor spaces perfect for entertaining or relaxing after a long day.
- Local Amenities – The area boasts several parks and recreational facilities including Bakerview Park and South Surrey Athletic Park which offers sports fields and trails for hiking and biking enthusiasts alike. There are also numerous restaurants and shopping centers nearby providing plenty of entertainment options.
- Transportation Options – The community has easy access to both Highway 99 and public transit making it simple to navigate throughout the city.
As with any real estate investment, it’s important to consider market trends and future developments before purchasing property. In recent years, the demand for townhomes in King George Corridor has been steadily increasing due to their affordability compared to single-family homes. With ongoing development projects such as the upcoming Light Rail Transit system, we can expect continued growth in this area.
Investing in a townhome may seem daunting at first but with all these benefits, it’s definitely worth considering when searching for your next home sweet home.
Average Condo Prices
Looking at the current market trends in King George Corridor real estate, it’s clear that condo prices have been steadily rising over the past year.
The average price for a condominium in this area is now sitting at around $500,000, making it an attractive investment opportunity for those looking to get into the market before upcoming developments drive up prices even further.
In 2023, average condo price is $785,278 CAD.
With several new projects planned for the neighborhood, including residential and commercial spaces as well as public amenities like parks and community centers, there are plenty of reasons why buyers should consider investing in this area.
In addition to these exciting opportunities, King George Corridor also boasts a number of great amenities nearby such as shopping centers, restaurants, and entertainment options. And with convenient transportation options like bus routes and major highways all within easy reach, residents will never be far from anything they need.All in all, it’s clear that there has never been a better time to invest in a condo in King George Corridor – so if you’re thinking about getting into the market soon then be sure to explore your options here!
Renting vs buying real estate in King George Corridor?
In King George Corridor, Surrey, BC 73.1% of people own their homes while 26.9% rent theirs. The median monthly mortgage payment in the area is $6,700 and the median rental price is $6,400 per month.
How many properties are for sale in King George Corridor?
In King George Corridor, the housing inventory consists of 29 detached houses, 25 condos and 9 townhomes, with an average listing time on the market for 17 days and 97.5% selling to listing price ratio. Currently, there are 73 homes for sale in this area.
How fast are homes selling in King George Corridor?
In the King George Corridor, 44.7% of homes are sold within 10 days or less, and 13.2% sell for more than their asking price – a rate higher than in other parts of Surrey.
Nearby Neighbourhoods
Now that we have explored the King George Corridor, let’s take a look at some of its nearby neighbourhoods.
First up is South Surrey, which offers an abundance of shopping options with upscale boutiques and trendy restaurants lining the streets. This area also boasts top-rated school districts and plenty of parks and green spaces for outdoor enthusiasts to enjoy.
Next on our list is Newton, known for its excellent public transportation system, making it easy to get around without a car. In addition, this community hosts various events throughout the year, bringing together residents from all walks of life.
Last but not least is White Rock, offering stunning ocean views and a laid-back beach town atmosphere.
Whether you’re searching for vibrant city living or peaceful suburban bliss, these neighbouring communities provide endless possibilities for those seeking to make their home in the Surrey area.
Ranking Among Other Surrey Areas
When it comes to ranking among other Surrey areas, King George Corridor has a lot going for it.
Firstly, the area boasts some of the best schools in Surrey, making it an attractive option for families with children. Additionally, transportation options are abundant with easy access to public transit and major highways.
Crime rates in the neighborhood are relatively low compared to other parts of Surrey, providing residents with peace of mind.
There are also plenty of amenities available such as shopping centers, parks, and recreational facilities that cater to all ages and interests.
Looking towards the future, there are plans for further development in the area which will only add value and appeal to potential homebuyers or investors looking to take advantage of this growing community.
Overall, King George Corridor stands out as one of Surrey’s top neighborhoods with its combination of excellent schools, convenient transportation options, low crime rates, ample amenities and promising future growth prospects.
Frequently Asked Questions
What Are The Most Popular Amenities Or Attractions In The King George Corridor Neighbourhood?
Looking for a neighbourhood that has it all? Look no further than the King George Corridor!
This vibrant community boasts some of Surrey’s top restaurants, perfect for foodies looking to indulge in delicious cuisine.
For those who love spending time outdoors, there are plenty of recreational parks nearby where you can take a stroll or play with your kids.
Parks near King George Corridor, Surrey BC:
- Hazelnut Meadows Park
- Redwood Park
- R.A Nicholson Park
- Sullivan Heights Park
- Fleetwood Park
- Northview Golf & Country Club
- Tynehead Regional Park
- Elgin Heritage Park
- Surrey Bend Regional Park
- Green Timbers Urban Forest
And when it comes to shopping, the King George Corridor has you covered with several shopping centres offering everything from groceries to clothing and electronics.
But that’s not all – this neighbourhood is also known for its lively community events throughout the year, including festivals and markets.
Finally, sports enthusiasts will find plenty to do here too thanks to numerous facilities catering to various activities such as soccer, basketball and tennis.
With so much on offer, it’s easy to see why the King George Corridor is one of Surrey’s most popular areas!
Are There Any Public Transportation Options Available In The King George Corridor Neighbourhood?
The King George Corridor neighbourhood offers a variety of public transportation options for its residents.
With multiple bus routes running through the area, getting around is both convenient and affordable.
For those looking for quicker access to downtown Vancouver or other parts of Surrey, SkyTrain access is also available nearby.
The closest bus routes to King George Corridor, Surrey BC are the 320, 321, and 341. The nearest SkyTrain station is Scott Road Station, which is located about 4.8 km away from King George Corridor.
Additionally, car sharing options are readily accessible in the neighbourhood, making it easy to get where you need to go without owning your own vehicle.
Bike lanes are also present on many major roads, providing an environmentally friendly option for commuting or leisurely rides.
Finally, with a high walkability score, navigating the streets on foot is not only possible but pleasant as well.
Buy And Sell With Us!
In conclusion, the King George Corridor neighbourhood is a hidden gem in Surrey that offers plenty of amenities and attractions for its residents. From parks to restaurants to shopping centres, there’s something for everyone here.
While crime rates may be a concern for some, it’s important to note that overall safety has improved significantly in recent years. For those who rely on public transportation, the King George Corridor neighbourhood won’t disappoint either. With several bus routes passing through and easy access to major highways, getting around is a breeze.
Of course, property taxes will vary depending on the type of home you choose but they are generally reasonable compared to other areas in Surrey. As for future developments or projects, there are definitely exciting things happening in the area that could impact property values positively.
For example, the City of Surrey has plans to build a new community centre nearby which will undoubtedly bring more people and businesses into the area. Overall, if you’re looking for a vibrant yet affordable place to call home in Surrey, the King George Corridor neighbourhood should definitely be at the top of your list!
