Vancouver is a bustling west coast seaport present in British Columbia. It is the densest and also ethnically diverse city in Canada. This city is famous for high rises that are surrounded by amazing nature. This city is popular for its ancient forest, its ecologically-minded individuals, and its seawall.
Available land in Vancouver is limited but it is still an affordable city. This is because this city is constrained by sea on three sides and so you cannot make more land so easily. For this reason, the downtown core is very populated.
Average Housing Price in Vancouver:
The average housing price in Vancouver has decreased since 2019. According to recent statistics, the average housing price in the city is found to be $993,300. Although this seems to be high yet you have nothing to worry about. You can have your own house in Vancouver within the range of $400,000 to $600,000. These houses are available with all the basic facilities.
In Vancouver, houses are available for sale in different regions of the city. Within the mentioned range a 3 bed and 3 bath apartments are available for sale at 3675 Marine Drive SW, Vancouver, BC. You can also buy your house at 4216 Musqueam Drive, Vancouver, BC.
Homes for sale in Vancouver:
According to Royal LePage Market Survey Forecast, an aggregate cost of a house in Canada is set to rise almost t0 5.5 % year over year to about $746,100 in 2021, with a median cost of a 2 story detached home and also a condominium increased almost 6 % and 2.5% respectively.
In Vancouver, one bed and one bath house are available for sale at 1506 5189 Gaston St, Vancouver, BC. This apartment is available at the cost of $469,000. One bed and one bath house are available for sale with more area at 307 8420 Jellicoe St, Vancouver, BC. So, you have your dream and an affordable house in Vancouver.
What kind of houses can people afford in Vancouver?
Like many other states of Canada Vancouver also offers houses with different construction styles within an affordable range. Where someone lives are just as essential as how they live. The most popular construction styles are condominiums, detached houses, and townhomes. These construction styles are available with different numbers of bedrooms and baths. The most common ones are three bedrooms and two baths.
Affordable neighborhoods to live in Vancouver:
Vancouver city makes it to the top of the list presenting the best and amazing places to live in around the world and for a very good reason. This city of Canada offers many cultures, art theater, a great culinary scene, and music yet this city is surrounded by a wonderful natural playground.
There are many amazing and affordable areas provided by Vancouver. The Downtown area of the city is a very thriving and popular neighborhood and it is very famous among young professionals. The other neighborhoods are the West End, Kitsilano, South Vancouver, and West Point Grey.