Have you been dreaming about living by the ocean in the stunning community of White Rock, B.C.? If you’ve ever wondered what it would take to call this beautiful place home, you’re not alone.

White Rock is one of British Columbia’s crown jewels, known for its ocean views, luxurious homes, and a laid-back seaside vibe. But with such beauty often comes a hefty price tag, right?

My name is Darin, the team leader with the Germyn Group, with Macdonald Realty, a REALTOR in Surrey, British Columbia.

If this is your first time reading our blogs, we are here to educate you on everything there is to know about living in Surrey or White Rock, British Columbia. If you’re looking to make a move in the next 9 days, 90 days or 9 months, shoot us a text, give us a call, or book an in-person zoom meeting with us so we can learn a little bit more about your situation and let you know what we can do to help you. This way, we can make sure your move to Surrey or White Rock is a smooth one

Why White Rock is Worth Considering

If you’re like most people, you’re probably worried that you might not be able to afford to live in White Rock. After all, real estate prices here are higher than in other parts of the Fraser Valley. But here’s the good news: With the right strategy, calling White Rock home might be more attainable than you think.

The Price of Condos in White Rock

As of today (September 12, 2024), a two-bedroom, two-bathroom condo in White Rock, you’re looking at an average price of around $617,000.

This could get you about 870 SQFT in a well-maintained building. With today’s mortgage rates (As of Sept 12) hovering around 5%, you’ll need to make about $138,000 per year to afford a property like this.

The Price of Townhome in White Rock

Looking for something bigger? As of today (September 12, 2024), a typical townhome in White Rock—about 1,700 to 1,800 SQFT with 3-4 bedrooms—will set you back around $962,000.

To afford this, you’ll need to make approximately $192,000 a year, assuming a 20% down payment and a 25-year mortgage. Townhomes here are often boutique complexes, offering a more intimate living experience.

The Price of Detached Homes in White Rock

If you’re eyeing a detached home in White Rock, As of today (September 12, 2024), prepare for a benchmark price of just shy of $2,000,000. Homes here often come with ocean views, making the higher price point worth it for many.

You’ll need to earn around $366,000 annually to comfortably afford a property like this. If that sounds out of reach, don’t worry—there are more affordable options in nearby South Surrey.

So, Can You Afford to Live in White Rock?

The bottom line is… YES!

Living in White Rock is expensive, but it’s not impossible. Whether you’re aiming for a condo, a townhome, or a detached home, there are options to fit various budgets.

The key is to start with something attainable, build equity, and work your way up to your dream home.

Ready to Make White Rock Your Home?

Selecting an excellent real estate professional is key to a successful home purchase. The Germyn Group, with our deep understanding of White Rock and its real estate dynamics, is committed to guiding you every step of the way.

We invite you to book a consultation with us. During our meeting, we’ll discuss your needs, preferences, and any questions you might have about the Surrey real estate market.

As you embark on this exciting journey, remember that the right home in Surrey is more than just a property; it’s a foundation for your future. With the Germyn Group by your side, let’s make your dream of homeownership in Surrey a beautiful reality.

Plus, don’t forget to check out our free BC Homebuyers course—a three-hour video series designed to guide you through every step of the process.