By keeping up with current market trends and exploring all available homes for sale in Deer Lake Place, prospective residents can uncover their dream residence here. Whether they prefer traditional architecture or modern styles, there’s something sure to please everyone who visits this picturesque part of Burnaby.
Average home price in Deer Lake Place, Burnaby, BC
For 2023, the average home listing price in the Deer Lake Place neighbourhood in Burnaby is $1,987,980, which is 39% above the average home price in Burnaby.
Nearby neighbourhoods
For 2023, the neighbourhoods closest to Deer Lake Place are Central Bn, Oaklands and Parkcrest. Of the local neighbourhoods, Parkcrest has the highest average home price at $2,641,150, while Oaklands has the lowest average home price at $1,236,510.
How fast are homes selling in Deer Lake Place?
For 2023, homes in Deer Lake Place have been selling in under 10 days on the market at a rate of 32.6%, while none have gone above the asking price, which is the same as the city average for Burnaby.
Ranking among other Burnaby neighbourhoods?
For 2023, Deer Lake Place in Burnaby is currently ranked #26 out of 33 neighbourhoods, according to MLS© data. This ranking is based on the sale of homes in Deer Lake Place, including the speed of sales and the prices they are sold for.
Nearby Cities or Neighbourhoods
Deer Lake Place is located in the Burnaby Lake area of Burnaby, and is bordered by other residential neighbourhoods such as Brentwood Park, The Heights, and Westridge. It is also close to the cities of New Westminster and Coquitlam.
The area of Deer Lake Place is located in Burnaby, British Columbia, and is known for being the epicenter of the city’s culture. It is situated near Upper Deer Lake, Buckingham Heights, as well as other proximate neighborhoods.
Walk Score
Deer Lake Place has an excellent walk score of 44, which means most errands need a car.
Transit Score
Deer Lake Place has an excellent transit score of 48, which means that most errands can be accomplished via public transit. The neighbourhood is serviced by several bus lines, and is close to the SkyTrain station at Lake City Way.
Frequently Asked Questions
What Is The Average Price Per Square Foot For Homes In Deer Lake Place?
Real estate pricing per square foot can be a strong indicator for potential buyers and sellers in any given market. When discussing the average price per square foot of homes in Deer Lake Place, Burnaby, there is evidence to suggest that this area may have the potential for lucrative investment opportunities. By looking at housing prices within Burnaby as a whole, one can get an idea of what they should expect when considering purchasing or selling real estate in deer lake place.
For those interested in investing in residential real estate in Burnaby, it could be worthwhile to focus on areas such as Deer Lake Place where property values remain high despite fluctuations in the housing market. This is because these neighborhoods tend to offer more stability and security for investors who are looking for long-term returns on their investments. Furthermore, since burnaby’s population continues to grow year after year – up 1% from last year alone – demand remains high and steady making buying into these communities even more attractive. With all this taken into consideration, it is evident that purchasing or selling a house in Deer Lake Place offers potentially rewarding outcomes for homeowners and investors alike.
Are There Any Nearby Public Transportation Options?
Deer Lake Place is conveniently located near several major highways, including Highway 1 and Highway 7. The neighbourhood is also close to the Metrotown SkyTrain station, and is serviced by several bus lines.
Getting to Deer Lake Park, which is located in Burnaby, British Columbia, is possible via the SkyTrain and bus lines. The closest SkyTrain station to the park is Lake City Way Station.
When searching for a new home, public transportation options are often an important factor. Living in close proximity to public transport can reduce the time and cost of commuting, as well as provide convenience when travelling around town or out of town. For those looking to buy property in Deer Lake Place, Burnaby, there are several convenient transportation options available.
The most popular option is likely bus stops located near the area that connect to SkyTrain stations and other parts of the city. Bus routes cover much of Burnaby including Deer Lake Place, making it easy to get around without having to rely on personal vehicles. Additionally, cyclists have access to bike lanes along major roadways providing a safe way to travel throughout the city by bicycle.
In addition, YVR Airport is only about twenty minutes away via car allowing easy access for anyone needing to travel internationally or locally through air travel services.
All these transportation options make living in Deer Lake Place highly attractive due its strategic location within Burnaby and Metro Vancouver region with great connections for getting around either by car or public transit system – perfect for people who want more freedom when it comes time commute or explore local attractions.
What Are The Crime Rates In The Area?
Deer Lake Place is a relatively safe neighbourhood with low crime rates. In Burnaby Lake, BC, the rate of crime is 5% higher than the average for the nation, however violent crimes are 21% below the national average.
Crime rates are an important factor when deciding on a place to call home. When considering real estate, safety and security of the area should be part of any decision-making process. As such, it is important to get an understanding of local crime statistics in order to make informed decisions about where you choose to live or invest.
When looking at Deer Lake Place Real Estate in Burnaby, an analysis of its crime rate is essential for potential buyers and investors seeking peace of mind. According to recent reports, the overall crime rate in this neighbourhood remains relatively low compared to other areas in the city; however there has been a slight increase over the past year as certain types of offences may have increased due to external factors beyond the control of local law enforcement agencies.
Investors and residents alike can take comfort knowing that while there is no guarantee against criminal activity, they can feel safe living in or investing in Deer Lake Place with enhanced awareness and vigilance towards their surroundings and environment. By doing so, individuals can help ensure that everyone who lives in this vibrant community enjoys all that it has to offer without fear or worry regarding personal safety.
Are There Any Parks Or Recreational Facilities In Deer Lake Place?
Deer Lake Place is surrounded by several parks, including Deer Lake Park, Burnaby Lake Regional Park, and Central Park. The neighbourhood is also close to several other recreational facilities, such as the Burnaby Lake Sports Complex and the Edmonds Community Centre.
There are a variety of parks and recreational facilities located near Deer Lake Place, Burnaby. Whether you’re looking for outdoor recreation or nearby playgrounds to keep the kids entertained, there is something here that suits everyone’s needs.
Deer Lake Park provides many opportunities for locals and visitors alike. The park features a wealth of green spaces, numerous trails, picnic areas, and ponds – making it an ideal spot for walking, jogging, birdwatching, cycling, rollerblading and more. Additionally, this area also boasts several local parks with basketball courts and other sports fields where residents can enjoy their favorite recreational activities all year round.
Burnaby offers even more in terms of facilities designed to meet its residents’ leisure needs. From swimming pools to golf courses and tennis courts to public libraries – you’ll be sure to find something exciting nearby no matter what your interests may be. Furthermore, the city has taken great measures in preserving natural habitats by creating conservation areas filled with lush greenery which offer great scenic views as well as plenty of opportunities for outdoor recreation such as fishing or hiking.
No matter if one is looking to stay active or simply relax outdoors – Deer Lake Place real estate presents endless possibilities when it comes to enjoying life on the outskirts of Vancouver’s beautiful metropolis. With so much at your fingertips this area truly has something for everyone seeking to make lasting memories in Burnaby’s suburban paradise!
Are There Any Nearby Shopping Or Dining Options?
For shopping enthusiasts, there is no shortage of malls within close proximity. Metropolis at Metrotown offers five floors of shops ranging from fashion stores to electronics outlets while Lougheed Town Centre features over 150 stores with various selections of apparel and footwear as well as home décor items. Furthermore, if you’re looking for more personalised service then Boutique Row on Kingsway will be sure to satisfy the needs of even the most particular shopper.
There are also numerous cafes serving up delicious smoothies and bubble tea as well as countless takeaway places offering anything from pizza to tacos – ensuring that everyone can find something they love! And if you don’t feel like leaving your house after a long day at work? Don’t worry; many eateries deliver straight to your door so you can enjoy tasty dishes without having to leave your couch.
Buy And Sell With Us!
Deer Lake Place is an attractive option for potential home buyers looking to invest in Burnaby. The area features a wide range of homes, with the average price per square foot being competitively priced. With access to public transportation close by, residents can take advantage of easy commuting options around the city. Furthermore, crime rates are low and safe for families or individuals alike considering living in the area.
Residents may enjoy outdoor recreation at one of the many parks within Deer Lake Place such as Central Park or Burnaby Mountain Park, both great places to spend time outdoors on sunny days. Additionally, there are plenty of nearby shopping and dining locations that will provide convenience to those who choose to call this neighborhood their new home.
Overall, Deer Lake Place offers prospective homeowners a balanced combination of affordability, safety and convenience that makes it a desirable place to live in Burnaby. It has something for everyone whether they’re seeking family-friendly activities or a peaceful atmosphere perfect for relaxing after workdays.
