So you've been wanting to buy a home for absolutely forever and the big day has finally come. You want to get, like all buyers, the absolute best for your money, and you want to know exactly where in Surrey or surrounding areas that your money goes the absolute furthest.
Well, if that's something that you've been wanting to know, this post is exactly for you. Let's jump into where the best places in Surrey are to get the biggest bang for your buck.
What's good, everybody? It's Darin Germyn from The Germyn Group, where we know you've only got one chance to either buy or sell your next home. So we're here to help you get it right. Make sure you subscribe to our channel so you don't miss any of the videos we are releasing on a weekly basis on everything about real estate, how to buy, how to sell and how to do it better.
All right, so the Lower Mainland is a really big area, and this video today is really specific to the areas of Surrey and Cloverdale where your biggest bang for your buck is going to go in terms of different types of products. And as you would expect, we're also going to suggest the most expensive communities. Just because a community is less expensive does not mean it is necessarily bad. But all communities have pocket areas where some are better than others, and you're definitely going to want to take that into consideration when you're looking to buy a home.
Surrey is a really big place and it is an awesome community to live, work and play. If you want to learn more about Surrey, look at some of our previous videos and I will link some below in the description. So, without further ado, where is the most affordable place in Surrey to buy a home? While we haven’t covered every single area of Surrey in here, these are the major pockets where the majority of people like to buy.
For detached homes, the community that tops the list for having the most affordable homes is Guildford. Guildford weighs in at $1,640,000. Coming in at number two, we have Clayton number three, Fleetwood, number four, the Whalley (or Central City) area, number five, which was surprising being East Newton. And number six, as you might guess, would be South Surrey/White Rock.
The Guildford area of Surrey is also a really great place to live. They have got Guildford Mall, which did a recent expansion in the last few years and is an incredible place. You've got great highway access, lots of amenities and lots of park area. So Guilford is pretty amazing. So that's really neat to see that come out on top of the list of most affordable areas.
When it comes to owning a townhome in Surrey, the area that tops the list as the most affordable is the East Newton neighborhood, weighing in at just about $806,000 to own the benchmark or average townhome in the area. Following up on that is Whalley, just slightly more expensive at $812,0000, followed by Guildford, then the Clayton neighborhood of Cloverdale, Fleetwood and then rounding off again at the bottom of the list is South Surrey/White Rock.
East Newton and the word even Newton in general has got a really bad rap over the years. But the city has worked really hard on improving not only the area but also the amenities in the area and I think this is one of the greatest areas of potential for growth in the future.
Lastly, if you are checking out this post because you are looking to buy a condominium, the most affordable place to own a condominium in the Surrey area is the Central City or Whalley neighborhood. This area is a great place to own a condominium, whether it be in a high rise concrete building or a low rise wood frame building. You are just steps away from all the amenities this area has to offer, including the Surrey Place Mall which has some incredible shops and services in it. You've got restaurants of every sort, highway access and major universities just right around you.
This is a really popular place to live and also a very popular place to invest. The city of Surrey is doing amazing things and there is lots of good stuff yet to come in this neighborhood. Following the Central City area on this list you have got East Newton coming out at $543,000. After that comes the Guildford neighborhood, followed by the Clayton, neighborhood of Cloverdale, then Fleetwood, and again at the bottom of our list we've got the South Surrey/White Rock area.
It's probably worth mentioning we don’t want to hate on the South Surrey/White Rock neighborhood. It is just more expensive than a lot of these other neighborhoods, largely because it is a little bit of a quieter community, it's very close to the beach and it tends to be a little bit newer with a lot newer options in a more upscale neighborhood than some of the other options in this video. So South Surrey/White Rock and all the places in fact in this list are really great places to live.
We would love to hear from you. Leave a comment below on whether you think this list got it right, where your favorite area in Surrey is to live, or where you'd love to live, or even what other videos you'd love to see us make. And while you're searching around in the area below, be sure to download one of our two free PDFs either for home buyers or home sellers.
For your first time buyers out there, there's lots of things to get wrong when you buy a home and this PDF is all designed to make sure you get it right the first time. If you're looking at selling your home, the market conditions have changed and they become a lot more difficult. So you definitely want to pick up our survival guide on how to make the most of the current market conditions.
Again, I'm Darin Germyn from The Germyn Group. You've only got one chance to either buy or sell your next home, so we’re here to help you get it right.
Thanks for reading and we'll see on the next one.