West Vancouver
West Vancouver is a city in the province of British Columbia, Canada. No doubt that West Vancouver has a top spot among the best cities in BC. Besides having a reasonable living cost West Vancouver is one of the most transient families and pedestrian cities in the nation as well. This city is well known for parks like Cypress Provincial Park which has a very scenic view of the Metro Vancouver area and Howe sound.
What can new families afford in West Vancouver?
In Metro Vancouver, there is not even a single market in which having a medium-income is enough to buy a detached house. The market which has the highest benchmark price of a detached home, a factor which is calculated based on the data from the Real Estate Board of Greater Vancouver was West Vancouver at $4,278,500. To afford a home of that price the required household income is $550,292.
One can easily afford a house between the range of $4,00,000 to $5,50,000. 2 bed and 2 bath apartments with a total area of 853 sq ft are available in the city. They are of price $419,900. Smaller apartments are also available at a relatively cheaper rate with comparatively less covering area of $408,000. 3 bed and 2 bath condos are also available at 508 2468 Broadway, West Vancouver. They have a price of $418,000. Similarly, a few big apartments are available in 1002 3455 Ascot Place, West Vancouver. This apartment has 2 beds and 1bath with an area of 731 sq ft. it has cost $ 509,000.
What kind of houses can they afford?
Different construction styles in West Vancouver make this city more attractive and worth living in. The houses with innovative construction styles are beautiful as well as affordable. This market has the smallest gap than those which were determined by Zoocasa as Maple Ridge. This market has a median income of approximately $ 35,602 which is needed to own a detached house. In West Vancouver, Condominiums are cheaper than townhouses because they usually come with no land. Land, the exterior of the unit plus any improvement is taken as a common area and this one is owned collectively by all the owners of condos in the community.
What neighborhood is the cheapest to live in?
West Vancouver is famous for its dynamic neighborhoods and beautiful scenery. Each area has its own personality, in every neighborhood, there are pockets of cheaper rent. West Vancouver has the 10 cheapest neighborhoods for rent including the south arm, Brow of the hill.
South Surrey has an average rent of 1 bedroom, 2 bedroom and bedroom is $1,300, $1,698 and $2,580 respectively.
Fraserview has a rent of 1 bedroom, 2 bedrooms and 3 bedrooms, $1,975,$2700 and $ 3,300 respectively.
