Top neighbourhoods in Vancouver’s outer suburbs 2018

Why real estate buyers should consider Birchland Manor

2. Birchland Manor

To rise from the No. 89 spot in 2017, to the No. 2 spot in both the Where to Buy Now in Vancouver for 2018 overall rankings and the Vancouver outer neighbourhoods rankings, is an astounding achievement. But ask anyone in this Port Coquitlam neighbourhood if they are surprised and you’ll probably just get a smile and a small shake of the head. Over the last five years, massive price growth in Metro Vancouver meant that surrounding areas like Port Moody, Langley and Port Coquitlam also saw property prices rise. In 2017, getting into this neighbourhood meant paying almost 50% less than any other Port Coquitlam neighbourhood. The value was there, but no one appeared to see it.

Fast forward one year and it turns out buyers figured it out — and pounced. Average home prices are a bargain at just under $810,000 — 15% less than the surrounding area and more than 55% less than average home prices in Port Coquitlam. As a result, prices appreciated 8% in 2017 and in five years property values have increased over 103%.

You’ll find older-stock family homes in Birchland Manor many on larger lots with basement entrances — where you enter the home, shed your wet and muddy layers before moving upstairs to the main living space. While the majority of homes in this community are single-family homes the area is rapidly developing more townhouse and condo complexes.

“The community is a great spot for those that want a retreat from the hustle and bustle of the city but still remain close to all the amenities and benefits of urban living,” explains the Re/Max Results Realty Prince Team, who specialize in Port Coquitlam properties.

 

Top neighbourhoods in Vancouver’s outer suburbs 2018

If your house search includes exceptional value and you don’t mind driving an hour, each way, to commute to work then you really need to consider moving to Mission, B.C. Homes in this community are 70% cheaper than Greater Vancouver average home prices.

 

Glenwood and Mary Hill

also listed as good buys.

Top 10 Vancouver neighbourhoods to buy in 2018 – MoneySense

Based on value and price momentum