Wondering how your home value (or purchasing budget) measures up against neighbouring areas – or how much it has changed over the past year?
A series of interactive heat maps from real estate website EstateBlock is a great visual representation of the most and least expensive areas in the Lower Mainland to buy a home.
Using benchmark home price data from November 2018, the website created individual price maps for single-family homes, condos and townhomes, in areas from Squamish and the Sunshine Coast through to Mission and the Fraser Valley.
The number-crunchers also created separate heat maps for each of those home types based on price growth (or decline) since October 2018, and since November 2017.
EstateBlock also ranked MLS neighbourhoods in terms of most and least expensive for different home types.
The top 10 most expensive neighbourhoods in the Lower Mainland for single-family homes (November 2018 benchmark price) were:
1. $5.66M – Shaughnessy, Vancouver West
2. $5.34M – Whitby Estates, West Vancouver
3. $5.25M – University VW, Vancouver West
4. $4.25M – Canterbury WV, West Vancouver
5. $3.83M – South Granville, Vancouver West
6. $3.71M – Westhill, West Vancouver
7. $3.69M – Chartwell, West Vancouver
8. $3.56M – West Bay, West Vancouver
9. $3.54M – Quilchena, Vancouver West
10. $3.49M – Southlands, Vancouver West
The top 10 least expensive neighbourhoods in the Lower Mainland for detached houses were:
1. $449K – Dewdney Deroche, Mission
2. $537K – Pender Harbour Egmont, Sunshine Coast
3. $549K – Bridgeview, North Surrey
4. $559K – Durieu, Mission
5. $562K – Sechelt District, Sunshine Coast
6. $602K – Halfmn Bay Secret Cv Redroofs, Sunshine Coast
7. $649K – Mission BC, Mission
8. $655K – Northyards, Squamish
9. $658K – Gibsons & Area, Sunshine Coast
10. $666K – Hatzic, Mission
The top 10 priciest neighbourhoods in the Lower Mainland to buy a condo were:
1. $3.14M – Cypress Park Estates, West Vancouver
2. $1.39M – Dundarave, West Vancouver
3. $1.39M – Panorama Village, West Vancouver
4. $1.26M – Park Royal, West Vancouver
5. $1.20M – Capilano NV, North Vancouver
6. $1.11M – Oakridge VW, Vancouver West
7. $1.07M – Quilchena, Vancouver West
8. $1.06M – Coal Harbour, Vancouver West
9. $1.06M – Edgemont, North Vancouver
10. $1.04M – South Granville, Vancouver West
The top 10 least expensive neighbourhoods for condos were:
1 $253K – Granville, Richmond
2. $273K – Central Coquitlam, Coquitlam
3. $281K – Annieville, N. Delta
4. $292K – Cedar Hills, North Surrey
5. $302K – Southwest Maple Ridge, Maple Ridge
6. $313K – South Arm, Richmond
7. $319K – Central Abbotsford, Abbotsford
8. $319K – Abbotsford West, Abbotsford
9. $325K – West End NW, New Westminster
10. $341K – College Park PM, Port Moody
