Condominium Market Outlook for ABBOTSFORD 2021

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ABBOTSFORD

Abbotsford is located in  British  Colombia alongside the Canada United States, greater and the Fraser  River with an approximate population of  141397  people it is the largest municipality in the province outside Metro  Vancouver.

 

Abbotsford is quite the charmer beautiful sometimes known as the city in the country it is the perfect  place to settle down for those in search of clam adjacent to nature and a  safe place called home.  The city’s idyllic location and cost-effective housing options only add its appeal.

 

Abbotsford is known for its vast parkland. The Abbotsford maintains 70 different playgrounds and two public spray parks, making  Abbotsford a great place for active children. The city is also home to lots of  outdoor activities and clubs like the  Fraser Valley Waterski club.

 

TOP FIVE EMPLOYMENT SECTORS

  • trade
  • construction
  • health care
  • manufacturing
  • transportation

 

TALK ABOUT HOW MANY LISTINGS ACTIVE ON MARKET

There is total 57 apartments for rent available in Abbotsford. 1 bedroom apartments are the most common with a total of 30 listings available while 4 bedroom apartments are least common with a total of 1 listing available.

 

LISTINGS

  1. 400233708 king road
  2. 6532718 Garibaldi
  3. 2505 Cameron Crescent
  4. 1435253 Camden court
  5. 1888 Knox Terrace
  6. 2627 Stonecroft Drive
  7. 135689 Goodbrand drive
  8. 34109 Larch Street
  9. 2624 Hemlock Crescent
  10. 20633530 Mayfair Avenue

 

AVERAGE PRICE FOR CONDOS HOW MANY BEDROOMS…..

Abbotsford’s housing market is priced lower than similar homes than in  Vancouver. but the price for  single-family homes may still be out of reach for many average prices for single-family homes are  currently $795,000  while townhomes are currently  $450,000  and condos are at  $301,00, renters  should expect to pay between  $600  and  $800  per month.

 

A two-bedroom costs about  $945  and  3 bedroom about  $1200  per month.

 

the  benchmark  price  of  an  average  single-family  house  in  Abbotsford  is  now  nearly  $850,000  according  to  the  Fraser  Valley  real  state  board (FVREB).

 

WHAT BUYERS CAN EXPECT TO PAY AND WHAT THEY GET

Renters should expect to pay between $600 and $800 per month for a bachelor or one-bedroom apartment in Abbotsford.A two bedroom costs about $945 while a three-bedroom costs about $1200.

 

PRICES ARE INCREASE OR DECREASE

The average rent for 1 bedroom apartment in Abbotsford is currently $1350 this is 9% increased compared to the previous year.

 

Over the past month, the average rent for a studio apartment in Abbotsford increased by 96% to $1275.

 

The average rent for 1 bedroom apartment increased by -2% to $1350 and the average rent fr a 2bedroom apartment increased by 9% to $1800.

 

Townhome and apartment prices are also generally on the rise, but at a  less dramatic  speed than houses.

 

BEST AREAS IN THE CITY TO BUY CONDOS

  • Abbotsfordeast
  • Abbotsford  west
  • poplar  Abbotsford
  • Mission,  Mission -BC
  • Matsqui, Abbotsford
  • lake  Errock, Mission
  • Hemlock Mission
  • Aberdeen, Abbotsford
  • Mission  west
  • Aberdeen
  • Barden
  • Sumas mountain
  • Sumas prairies

 

BEST PLACES TO VISIT

  • Vancouver
  • Victoria
  • Whistler
  • Nanaimo
  • Burnaby
  • Westminster
  • Chilliwack

 

 

Abbotsford Homes For sale

Abbotsford Townhouses For sale

Abbotsford Condos For sale

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