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Average Property Tax: 4126.629, Average Square Foot: 3056.783, Average Days On Market: 55, Average Year Built: 1972.
Homes for Sale in Surrey BC
The City of Surrey is located between Fraser River and Canada-USA border and is a part of Metro Vancouver. The nearby cities are New Westminster, Coquitlam, Port Coquitlam and Pitt Meadows. Delta and Richmond are located to the west of Surrey, and Langley is on the east of the city of Surrey.
Because of more spacious living spaces and more affordable mortgage payments, Surrey has become a very popular city for people to move in. Because Surrey offers lower living costs than in Vancouver, the city has seen a significant rise in population. Because of such population growth, Surrey is expected to become the largest city in British Columbia. Surrey is a perfect place for young families where they can find affordable real estate, employment opportunities and various business incentives. More than a half of all Surrey homes for sale are single family houses with a few high rise units, row and townhomes, and low rise apartments.
Surrey Pacific Rim has become a very popular area for business investment and trade. In recent years, Surrey has become the best place in British Columbia to invest, according to the real estate investment network. There are many business incentives that attract people and investors to come to Surrey BC, such as no property taxes for three years, cheap business license fees, and significant reductions in development costs and building permits.
Do you aspire to settle down in Surrey, British Columbia or invest in BC real estate? Surrey is a popular city situated in Metro Vancouver –towards the south of Fraser River and towards the north end of USA-Canada border. Right after Vancouver, Surrey in British Columbia boasts the second highest population in the given province. Therefore, the Surrey real estate market is booming significantly in the modern era. Towards the north side, Surrey is surrounded by the beautiful Fraser River along with famous areas like Pitt Meadows, Port Coquitlam, and New Westminster to the river’s north. To Surrey’s west, the famous areas are Richmond and the Delta. To the east, lies the Langley. To Surrey’s south, you will come across areas like the Semiahmoo Bay and the Pacific Coast of British Columbia. Carry out relevant property search and go through MLS listings for the best outcomes.
When you are searching for Surrey homes for sale through Surrey real estate, you should go through the MLS listings or property listings that are available online. By doing so, you can get an idea of the region’s price range of the independent houses as well as apartments in the area. You can also save searches for further inquiry to get the most of the Surrey real estate market.
Neighbourhoods
Surrey is home to as many as 26 communities. If you are looking to invest in British Columbia real estate you will find that the average sale price in these communities for Surrey homes ranges from around $596,000 to $2.5 million. If living near the urban areas is of utmost importance to you, then you can consider looking for Surrey homes in & around the town center or City Center –also referred to as Whalley. The community is home to the Surrey branch of the Simon Fraser University along with a series of major recreational & shopping facilities.
There are seven main areas or town centers. Those are the City Center, Fleetwood, Cloverdale, Guildford, Newton, South Surrey and Whalley.
Out of all Surrey town centres, the most significant residential and commercial development has been seen in the City Center area, which has become the main cultural, entertainment and business area of the City of Surrey. The main buildings of the city center are Surry Memorial Hospital, the City Center Library and the City Hall. The City Center is connected to nearby neighborhoods and towns by SkyTrain. Main Skytrain stations running through Surrey are the Surrey Central and King George. This is also the place of Simon Fraser University (SFU) Surrey campus. The city center of Surrey has become the region’s second downtown that offers many opportunities for dining, shopping and outdoor activities.
Cloverdale is one of the fastest growing areas of Surrey which consists of three main neighborhoods: Cloverdale East, Cloverdale north and Cloverdale South. The main sectors of the economy in this area are manufacturing and construction.
Fleetwood is another area of Surrey and is located at the very center of the city. It is located to the west of Whalley and to the south of Newton and Cloverdale. This is one of the fastest developing areas in Surrey with which is known for multifamily residential development. It has many restaurants and retail businesses.
Guildford is known for its family oriented neighborhoods with single family homes. Guildford is located to the north of Fraser River, to the west of Whalley, and to the east of Langley. Guildford is known for its rapid real estate developments, especially in Fraser Heights neighborhood, which is located next to Fraser River.
The fastest growing industrial area of the city of Surrey is Newton Town Center, which is located between 72nd Ave and King George Boulevard.
South Surrey area is known as a retirement area, and has great amenities, farmlands and stunning ocean views. And it is also close to the United States border.
The highest populated area of Surrey, is Whalley, which includes series downtown and Surrey City Hall. Whalley is very conveniently located next to major public transportation routes. Whalley neighborhood has become an area that has seen the most residential and commercial development.
For more options of Surrey houses, you can consider talking out to a Surrey realtor. Here are some of the famous Surrey neighborhoods to try out:
- Cedar Hills
- Bolivar Heights
- Royal Heights
- Fleetwood Tynehead
- Bear Creek Green Timbers
Climate
Surrey is known for its low population density in British Columbia. This is quite typical of the cities in North America –including areas of light industry, residential housing, and Surrey central commercial centers. The climate in Surrey features the typical Pacific Northwest inter-coastal weather conditions. As such, you can witness rainy & wet winters along with heavy rainfalls that last into later springs. For the summers, the region experiences mild & sunny summer conditions. The autumn season is quite cool & breezy.
Home Buyers
As a city, Surrey is home to a wide number of independent houses, high-end apartments, condos, and family homes. As a home buyer in Surrey real estate, you can keep checking the local real estate board for in-depth information about Surrey homes and condos for sale. One of the major advantages of Surrey and its real estate market is that it is home to the wide-ranging background of the diverse culture of the residents. Over third of the population of the city is known to be born outside Canada & British Columbia.
Surrey offers a lot more affordable housing prices than Vancouver, Burnaby, North Vancouver and Downtown Vancouver. Surrey is an ideal place for young families to settle down because of city’s growing infrastructure, education facilities, parks and trails, entertainment and shopping.
According to Real Estate Investment Network (REIN), Surrey took first place in ranking for real estate investment in British Columbia.
Surrey offers a large variety of real estate. There you can find luxury high rise apartments with city views, beachfront property, and farmlands.
For the potential home buyers in Surrey, the Surrey real estate market is both accessible as well as affordable. There are several popular places in & around Surrey real estate that draw the attention of the potential real estate investors in the region. Some important ones to note are:
- White Rock
- Panorama Bridge
- Sullivan Station
- Bear Creek
- Fraser Heights
- Port Kells
- Elgin Chantrell
- Fraser Valley
- West Newton
- Maple Ridge
- West Vancouver
- Port Moody
- Queen Mary Park
- East Newton
Find a Realtor
Whether you are buying or selling a home in & around Surrey real estate, it is recommended for you to take professional assistance of a reliable realtor. Whether you are searching for Pacific Realty or benchmark realty corp White Rock, Sutton Groupwest Coast Realty, Homelife Benchmark Realty Corp White, MacDonald Realty, Sutton Groupwest Coast Realty Surrey 120, and so more –Surrey BC is home to a wide range of options.
Facts About the City
As an urban city, Surrey is referred to as the suburb in Metro Vancouver. In terms of the overall population, Surrey serves to be the second largest city in the province of British Columbia. It is also the third largest city in terms of the urban area. English is the most common language that is spoken by the residents here. However, some other common languages that you can encounter in the region are Hindi, Punjabi, Mandarin, and others.
Over the past decade, Surrey real estate has witnessed immense growth. The higher cost of living in lower mainland cities like Vancouver has caused many residents in the region to search for affordable living options in & around Surrey BC. With its affordable real estate, Surrey is drawing the attention of many young families from all around. In the area of Metro Vancouver, Surrey boasts the presence of the largest percentage of young families having more than 3 members.
Surrey’s main shopping centers are: Central City, Guildford Town Centre, Peninsula Village Mall, and the Semiahmoo Shopping Centre.
Some of the highly sought-after landmarks and Surrey real estate areas are:
- Avenue Surrey
- Cloverdale
- Surrey Arts Center
- Guildford
- Fleetwood
- North Surrey
- South Surrey
- Board of Great Vancouver
- Royal Lepage
- Crescent Beach
- Bear Creek Green Timbers
- Holland Park
Demographics
Lately, the overall population of Surrey was estimated to be around 517,887. The region has experienced around 10.6 percent rise in the overall population parameters. Immigration to Surrey BC has also increased significantly since the 1980s. This has created a highly linguistically & ethnically diverse region. In addition to the Canadian and North American residents, you can find a majority of Punjabi population. Some of the other major groups from Asia which reside in the region include Chinese, Southeast Asian, and a minority population of the Black community.
Cities Nearby
Most of the Surrey home buyers opt to buy a home or condo in a nearby city to commute to work easily. You should look out for neighbourhoods that might be closer to highways or train stations including Walnut Grove and Ladner. Some of the highly sought-after cities close to Surrey are:
- Vancouver
- North Vancouver
- Lions Bay
- Delta
- Pitt Meadows
Schools
If you are buying a home in Surrey and wish to know about the leading institutions of education in the region, here are some famous schools to know about:
Primary Schools
- Star of the Sea
- Iqra Islamic
- Southridge
- Khalsa
- Our Lady of Good Counsel
Secondary Schools
- Pacific Academy
- Southridge
- Regent Christian
- Semiahmoo
- Fleetwood Park
Employment
Surrey has seem fast growth in many sectors of economy such as manufacturing, education, clean energy, construction and technology and has become one of BC’s leading industrial hubs.
Surrey will soon be catching up with Vancouver in the growing high technology developments.
Commute
More than half of Surrey residents drive to work. It only only takes about 30 minutes to get from Surrey to Downtown Vancouver by car. Vancouver Airport (YVR) is also about 30 minutes away when driving along Highway 91. You can use Trans-Canada Hwy to get to West Vancouver.
Surrey’s main highways are: Hwy 1 (Trans-Canada Hwy), Fraser Hwy, Hwy 10 and Hwy 15 (Pacific Highway).
You can get to Downtown Vancouver from Surrey via SkyTrain using Expo Line.
TransLink bus system is well developed in the city and many people use public transport in Surrey.
Major bus loops of exchanges in Surrey BC include,
- Gateway Station
- King George Station
- Guildford Exchange
- Scott Road Station
- Newton Exchange
- Scottsdale Exchange
- White Rock Center
- Surrey Central Station
- South Surrey Park and Ride
You will also find several bus stops, along with signs and stop poles across the city, operated by TransLink. Surrey BC is also known for a wide range of shelters, walkways, sidewalks, and benches scattered evenly throughout its area. You can take Trans-Canada Hwy to get to Pitt Meadows and North Vancouver.
The city is well-connected by the SkyTrain –an advanced, rapid light rail system that provides the residents with an ease of access to & from downtown Vancouver. There are also a wide number of inter-connected bus routes. Moreover, there are several paths and bike lanes as well. Around 84 percent of the residents in Surrey drive to work while 13 percent of them use means of transit in the city.
