Burnaby Lake Real Estate & MLS® Listings
Invest in Burnaby Lake real estate. MLS listings include townhouses, single-family homes, and condos. Townhouses average $800k in this area. Brentwood Park and Central Park, near the lake, also sell quickly. As if that weren’t enough, Burnaby is one of BC’s most desirable places to live. Burnaby Lake home listings have been rising, so now is the time to buy! How much is the average Burnaby Lake home?
Burnaby Lake’s Average Home Price?
Burnaby Lake’s popularity raises home prices. Burnaby Lake single-family detached homes average $1,495,000. This excludes taxes and other property purchase fees. Townhouses are cheaper at $700,000–$800,000.
Average home price is $2,438,431.
Burnaby Lake’s house prices are higher than the rest of Burnaby because it’s one of the most desirable neighbourhoods for lake and park lovers. Prices vary by location but usually match townhouse averages. Burnaby Lake real estate offers everything from luxury condos to family homes.
Understanding the current market will help you make smart property purchases and get value for money. Burnaby Lake, with its beautiful surroundings and proximity to downtown Vancouver, is a great investment opportunity for any type of housing!
Burnaby Lake Townhouse Prices:
Are you curious about Burnaby Lake townhouse prices? As a local real estate analyst, I know that townhouse prices depend on many factors. Location and other factors affect the average townhouse listing price, which is around $1 million.
Average townhouse price is $881,900.
The townhouse market in Burnaby Lake and a property’s long-term market potential should be considered when valuing it. Buyers seeking lakefront homes in Burnaby have driven up prices in recent years. Shopping centres and parks also attract buyers. Before investing, consider all these factors. With so much upside, Burnaby Lake townhouses may be the perfect investment!
What Neighborhoods Surround Burnaby Lake, Burnaby?
Burnaby Lake is a popular real estate market. This area offers urban residents access to nature with Kingsway to the east, Edmonds to the south, Vancouver to the west, and Lougheed to the north. New Westminster, Coquitlam, Metrotown, Port Moody, Sperling, and Hyde Creek are nearby.
These areas have single-family homes, townhouses, and condos. Each neighbourhood has something special, from Kingsway restaurants and shops to Hyde Creek trails. Living in Burnaby Lake can feel like home. This vibrant community attracts people because of its many great amenities!
How Many Burnaby Lake Homes Are Available?
Burnaby Lake, British Columbia, is a picturesque neighbourhood. This area is one of Canada’s most sought-after real estate markets due to its picturesque views and peaceful atmosphere. With popularity comes competition—how many Burnaby Lake homes are for sale?
Buyers can choose from many Burnaby Lake residential listings. Beautiful single-family homes, condominiums, and townhouses are available now. If you know where to look, you can find affordable homes in Burnaby Lake despite its high average home price. Burnaby Lake real estate listings include detached, duplex, and row houses.
Due to demand from buyers seeking quality living space close to nature but within city limits, Burnaby Lake housing prices have been rising year over year. Between 2020 and 2021, house prices rose 8% and condo sales 9%. As more people move to this desirable area, MLS listings indicate low inventory. In conclusion, Burnaby lake homebuyers should expect fierce competition and higher-than-average home prices.
Burnaby Lake Home Sales: How Fast?
Burnaby Lake property is popular. Homes in the area sell quickly due to its tranquilly and prime location. The Burnaby Lake MLS shows higher property demand than in other Burnaby neighbourhoods.
Due to increased buyer activity, Burnaby Lake homes have sold faster in recent years. As buyers compete for desirable properties, prices have steadily risen. Even when interest rates rise or winter months slow home sales, this trend persists.
It’s clear that Burnaby Lake’s high demand for homes has boosted the local housing market and made it one of Greater Vancouver’s most desirable neighbourhoods. As more people move here, it will be interesting to see how quickly homes sell and how this affects pricing. The time to buy local property is now. How does Burnaby Lake compare to other Burnaby neighbourhoods?
Where Does Burnaby Lake Rank among other rneighborhoods?
Burnaby Lake is a top neighbourhood. The lake, greenery, and nearby amenities are affordable. It’s near Downtown Burnaby, making it convenient for work and play.
Burnaby Lake ranks highest among Burnaby’s neighbourhoods. Its parks and trails attract outdoor enthusiasts and commuters. In addition, recent investment has kept real estate prices stable despite citywide growth. This means you can buy in this desirable neighbourhood without worrying about price increases.
Burnaby Lake is a top real estate and rental neighbourhood due to its location, affordability, and quality. With so many benefits, it’s no wonder more people are flocking to this desirable spot than ever before!
Buy And Sell With Us!
Burnaby homebuyers like Burnaby Lake. Burnaby Lake has one of the highest average home prices in Burnaby at $1,212,937. Townhouses start at $700K, slightly less than detached homes.
Over 50 MLS® homes are selling quickly despite high prices. Homes sell in 28 days, much faster than nearby neighbourhoods. This may be because many buyers value a sought-after community with plenty of amenities and easy transit.
Living in Burnaby Lake is expensive but offers great investment opportunities for those who can afford it. This neighborhood’s demand from buyers isn’t slowing down!
