With so many sights to see and activities available in the area, there is always something to do. Travelers from around the world are attracted to this beautiful city for its lovely climate, amazing scenery, and warm and friendly residents. Vancouver truly is one of the best places on Earth to live.
Whether you are drawn to its coastal waterfront landscapes, its majestic cedar forests, or its bustling city skyline, if you are looking to make Vancouver your home, let The Lucas Group help you find your perfect location. As experts in the industry, our professional agents can help you refine the real estate listings and homes for sale in Vancouver. We know the area well, and we welcome the opportunity to show you around and help you find your dream home. We will share with you our market knowledge, answer questions about various neighborhoods, and help you navigate the sometimes complicated buying process.
Feel free to browse our current real estate listings of homes for sale in Vancouver, and don’t hesitate to reach out if you have any questions. We look forward to hearing from you!
Why Live in Vancouver BC?
Nestled against the North Shore mountains and boasting a gorgeous coastline, Vancouver BC offers year-round activities and fun. Residents enjoy scenic, serene beaches while the mountains offer hiking trails and snow sports. Thriving art, theatre, and music scenes combined with friendly people and a mild climate make this area desirable for home buyers.
Where should I buy a house in Vancouver?
Baseball fans rejoice — Riley Park is across the street from Nat Bailey Stadium. This diverse neighborhood is home to lots of antique shops, boutiques, and restaurants, as well as beautiful houses. The area’s Hillcrest Centre served as the venue for the 2010 Winter Olympics curling event.
Walkability and access to public transportation are excellent. Riley Park real estate prices are 22% higher than the Vancouver average. While many houses can sell for a sale price of $1 million or more, there are more modestly-priced homes and apartments to choose from.
The second-largest city in British Columbia, Surrey is an ideal community for families and individual home buyers. You’ll find lots of single-family homes near the beach or on a peaceful farm. One of the best places to invest in real estate, Surrey also has an expansive selection of townhomes for sale.
One factor that sets Surry apart from other Vancouver BC neighborhoods is that single-family homes can have a secondary suite. This means that you are allowed to rent out your home to help pay your mortgage — as long as all the appropriate permits and fees are settled. This also means that you’ll get more financial benefit for your Surrey home.
A family-oriented neighborhood, Walnut Grove boasts great schools, close amenities, and affordability. A variety of housing options from single detached to multi-family are available for sale, and the area is home to hundreds of businesses. Walnut Grove is surrounded by natural beauty which allows for hiking, jogging, cycling, and a variety of other outdoor activities. The neighborhood offers relatively affordable homes with amazing amenities within walking distance.
Downtown Vancouver BC has everything you could want in a city. The best part is that you can enjoy all the area has to offer without driving anywhere. Located on a peninsula, the core of the downtown area is very residential and urban, condensed with amazing high-rises. Beaches are just a short walk away, as downtown is encircled by the sea. The iconic Stanley Park, one of the largest urban parks in North America, is within walking distance of downtown.
There are many lovely older homes as well as modern condos and waterfront property for sale in Vancouver BC . Homes for sale in this area tend to be scarce and prices are rising as a result of the high demand. Each city is regarded as its own municipality, independent of Vancouver. Each suburb has their own history and character. The homes for sale in Vancouver suburbs tend to be less expensive than property in the downtown area.
When you’ve narrowed down the neighborhoods you are interested in, check them out at an Open House. Take a walk through each one at different times of the day and on different days to get a feel of the area. This is especially helpful if you’re not familiar with these particular areas. While Vancouver has a reputation of being safe, it’s all up to you as the buyer. Once you are comfortable about a specific neighborhood, you can feel more confident putting in an offer — after you’ve looked at the home, of course.
Housing in West Vancouver and North Vancouver
While there are many large apartment buildings and duplexes in Vancouver, there are plenty of great houses with four or more bedrooms. Roughly one quarter of homes in this city were built in the 1960s and 1970s, and more than 60% of the population own their homes. The Metro Vancouver housing market is particularly hot right now.
Properties are going through bidding wars, and prices are slowly going up. But don’t let that dissuade you from buying a home in Vancouver BC. The market is hot here! The average home typically sells for about 4 percent above the list price.
The real estate listings usually go pending in a week or less. Homes that cause bidding wars to occur can usually sell for about 8 percent above the list price and go pending in 3 days or less. While 2020 saw a lower number of homes built, it has picked up in the last few months. With a strong housing market, greater Vancouver is expected to benefit into the next year or so. Single detached homes for sale make up much of the new home stock and are on the high end of pricing.
Vancouver Real Estate and Home Buyers
While Vancouver home prices are slightly higher than the national average, they are still affordable. Land costs are high, and here’s why: the city is surrounded by sea on three sides and land can’t be made easily. The price of land is exceptionally high in the downtown area, and it is densely populated.
All that being said, the Lucas Group knows about the latest home price and market conditions, government regulations, and upcoming developments when it comes to Vancouver real estate. We have years of experience helping first-time buyers locate the best properties and negotiate the best deals.
Once you’ve found a home that you love at an Open House, we’ll look at comparable properties in the area to help determine a purchase offer. Then we’ll negotiate on your behalf with the seller to make sure you get the most favorable terms. Rely on The Lucas Group to search homes for sale and make Vancouver, BC your forever home.