As prices remain low compared to nearby communities, local market trends favour buyers. Low interest rates and plenty of desirable properties make homeownership appealing. Queensborough offers affordable homes and many nearby parks, restaurants, and shops, making it easy for families to enjoy their new neighbourhood.
Average Home Prices
Queensborough in New Westminster has long been a desirable place to live. Average home prices rise with market trends. Buy local real estate now.
Queensborough home prices have fluctuated in recent years. Many Metro Vancouver neighbourhoods are more expensive than this one. The area is small, but investors and first-time buyers have plenty of options.
Queensborough’s market is ideal for property investment. Due to high demand from prospective homeowners who value its convenience and proximity to shopping centres and parks, prices are expected to rise. Queensborough could be your dream home or profitable investment!
Average Townhouse Costs
Queensborough, New Westminster’s townhouse market fluctuates. Townhouses in this area offer great deals on quality properties. Queensborough trends and prices:
As of 2021, Queensborough townhouses cost $1,375,000 CAD. This figure has stayed consistent for years, indicating a stable market with good investment potential.
Price Trends: Buyers drawn to the area’s proximity to downtown Vancouver and vibrant cultural scene have driven up prices. Demand will keep prices rising slowly.
Location matters when choosing a property that fits your needs and budget. Due to their convenience, properties near shopping centres or transit hubs may cost more but have higher rental potential or value appreciation. Before choosing a Queensborough home, consider all factors.
• Location, amenities, transportation, schools, and parks affect queensborough townhouse prices.
• Townhouses cost $1M–1.5M depending on size and condition.
Buyers should compare cost per square foot to nearby properties.
• Consider neighbourhood development and renovation opportunities.
Queensborough real estate is cheaper than other Vancouver city centre areas. Buyers could get a great deal on their dream home with careful planning and trend research!
Average Condo Costs
Condos in Queensborough, New Westminster are great investments. Condos average $400,000. That’s crazy for a desirable neighbourhood! It means many can afford a home.
This impacts buyers. Well, Queensborough has great opportunities now. These prices offer better value than elsewhere in BC or Canada. With low mortgage rates, there’s no better time to buy!
Queensborough has everything residents need to live happily and affordably. Good schools and parks and trails are nearby. New Westminster has convenient public transport links to Vancouver and other nearby cities, making commuting easy. Don’t wait to invest in Queensborough real estate before prices rise even more!
Nearby Cities or Neighbourhoods 2023
Queensborough is located near the cities of Burnaby, Vancouver, and Coquitlam. The nearby neighbourhoods include Victoria Hill, Sapperton, and GlenBrooke North.
The closest neighbourhoods to Queensborough include Connaught Heights, West End Nw, Quay and Moody Park. Out of the nearby neighbourhoods, Connaught Heights has the highest average home price of $2,349,000 and Quay has the most affordable average home price of $762,000.
Renting vs buying real estate in Queensborough?
In Queensborough, New Westminster, BC fewer people rent their homes than own at 43.7% rent versus 56.3% own their homes. The median monthly mortgage in Queensborough is $2,900 per month versus the median monthly rental price at $6,200 per month.
How many properties are for sale in Queensborough?
There are 55 homes for sale in Queensborough right now, including 23 detached houses, 9 condos and 21 townhomes. Based on Queensborough housing inventory, the average home is listed on the market for 32 days and has a 99.2% selling to listing price ratio
How fast are homes selling in Queensborough?
According to current Queensborough real estate trends, 41.7% of homes sell in under 10 days on the market and 16.7% of homes sell above asking price, which is above the city average for New Westminster.
Ranking among other New Westminster neighbourhoods?
Based upon current MLS© data, Queensborough ranks #9 out of 13 neighbourhoods in New Westminster. This ranking is based on sold home data in Queensborough, including how quickly homes are selling and for how much.
Frequently Asked Questions
What Is The Average Commute Time To Downtown New Westminster?
The average commute into downtown New Westminster depends on your location. Queensborough residents have several ways to get there quickly. Knowing your best route helps you plan and streamline your daily commute.
Queensborough residents can walk to New Westminster Station, a SkyTrain station, for easy transportation. Trains take about 15 minutes, making them ideal for commuters. Buses also travel through Queensborough and connect to downtown New Westminster routes. This can help you avoid rush-hour traffic.
Driving is always a possibility. Depending on traffic, the average commute from Queensborough to downtown New Westminster can take 10–30 minutes. Avoiding these highways during peak travel times may reduce delays caused by heavy traffic.
Queensborough residents don’t have to spend hours in traffic to get into downtown New Westminster.
Most Recent Crime Statistics 2023
According to the most recent crime statistics released by the City of New Westminster, Queensborough has a relatively low crime rate. In 2019, there were a total of 327 reported incidents, with the most common type being property crimes such as theft and vandalism.
Many homebuyers prioritize a safe neighbourhood. Knowing your family is safe can help you choose a home. Queensborough, New Westminster’s low crime rate makes it a desirable real estate market.
Local police patrol the streets and respond quickly to property and violent crime reports to keep residents safe. Thus, crime in the area has decreased in recent years. Queensborough is ideal for new homeowners seeking peace of mind.
Potential homeowners can rest assured that they will enjoy all Queensborough has to offer while feeling safe in their neighbourhood thanks to local law enforcement. Queensborough’s great opportunities are why so many people live there!
Walk Score 2023
Queensborough has an exceptionally high walk score of 82, making it a walker’s paradise. There are numerous parks, shops, and restaurants in the area, as well as good public transportation links.
Transit Score 2023
Queensborough also has a very high transit score of 70. The area is served by the B-Line, which is a direct bus route running between the nearby cities of Burnaby, Vancouver, and Coquitlam. It also has numerous bus routes connecting to other parts of the city.
Major Public and Private Schools in the Catchment of this Geographical Area 2023
The catchment area for Queensborough is served by Glenbrooke Secondary School, which is a public school. There are also several private schools in the area such as St. Thomas More Collegiate and New Westminster Christian Academy.
Are There Any Public Transportation Options In The Area?
Public transportation? Queensborough, New Westminster, has bus routes, SkyTrain access, ferry connections, and cycling paths.
If you want to avoid traffic and parking, try public transit. Queensborough has several major bus routes that run day and night, so taking the bus may be your best option. Many buses connect directly to 22nd Street Station’s SkyTrain, making Metro Vancouver travel even easier.
The area has many cycling paths for cyclists. Cyclists can choose from Brunette River Park’s waterfront trails or Queensborough’s bike lanes. If you want to take a boat or ferry off-shore, the Fraser River Discovery Centre docks are minutes away and offer regular trips upriver and connections to Burrard Inlet and beyond!
Queensborough in New Westminster has something for everyone, whether you travel by car, bike, or train. Residents feel connected and part of something bigger.
Major Sky Train Stations Nearby 2023
The nearest Sky Train station to Queensborough is the New Westminster Station, which is a short 5-minute drive away. The station is located on the Expo Line, which has connections to downtown Vancouver and other parts of the region.
Major Parks Near the Queensborough, New Westminster 2023
Queensborough is surrounded by numerous parks and green spaces. The largest and most popular park in the area is Queensborough Community Park, which has a playground, sports fields, and picnic areas. Other nearby parks include Fraser Riverfront Park, Queen’s Park, and Sapperton Park.
Parks or recreation facilities nearby? Yes, if you want to unwind! Queensborough in New Westminster offers family-friendly outdoor activities. This area has everything from riverside parks to top-rated public golf courses.
Local parks offer fresh air and nature. The parks offer an escape from daily life, whether it’s walking along one of the many trails or sitting on one of the benches to take in the scenery. Kids can also play at multiple playgrounds!
Queenborough has world-class soccer fields, tennis courts, and a skate park for active recreation. Volunteers keep these parks safe and fun for all ages. If you’re feeling competitive, these locations have plenty of pick-up games, so don’t bring your own team!
Queensborough in New Westminster has everything you need for an easy stroll through a park or an intense game of basketball on the court. Discover why so many call this neighbourhood home!
Buy And Sell With Us!
Queensborough is ideal for living. This community is safe with a low crime rate and a commute time of under 20 minutes to downtown New Westminster. Buses and ferries make travelling easy. Nearby parks, trails, and other amenities offer outdoor recreation. Queensborough’s short-term rental properties are unrestricted, making it ideal for visitors.
Queensborough could be your next home or getaway. Enjoy waterfront views or nearby recreational activities in this vibrant neighbourhood. Queensborough’s convenient location and low living costs may be your next dream!
Now is the time to discover Queensborough’s unique qualities! You won’t regret exploring this charming community’s options!
