The Best Places to Buy a Home in BC
If you’ve heard anything about the housing market this year, you know British Columbia is the hottest market in Canada right now. But it’s also no secret that it carries some of the highest priced real estate on the market.
The best place to buy a home in BC depends on what stage of life you’re in. That’s why we’ve broken down the best places to buy homes in beautiful British Columbia by three common life stages. Whether you’re a young person looking for a starter home or a retiree looking for a place to spend your sunset years in comfort.
For the young professional
For young people who want to be in the middle of the action there’s no better area than Downtown Vancouver. Condos are the name of the game there, but prices are at their highest in this area.
If you don’t need a whole lot of space you can find high quality 1 bedroom downtown condos for around $350,000 which seems relatively low compared to Greater Vancouver’s average of $415,900.
If the price doesn’t scare you off, center your search around Yaletown and West End of Vancouver for the most affordable studios and single bedrooms when looking to buy a home in BC.
Raising a family
If you’re looking for a quiet neighbourhood to settle down and raise a kid or two while working in the city, look no further than Richmond, a suburb south of Vancouver. There are plenty of parks, schools, and easy access to downtown Vancouver via public transit.
Homes in Richmond can range from over a million dollars to a more affordable $300,000, depending on how many bedrooms you’re looking for. A good 2 bedroom home can even be found for the mid 200s. One of the reasons Richmond is a good place to buy a home in BC is its small town feel with access to city amenities.
Retire well
British Columbia has a well-earned reputation as one of the most beautiful provinces in the country. As a result, there is no shortage of lovely places for people to put their feet up and enjoy an easy life of sun, lakes, golfing, and peace.
Peachland is a lovely town outside of Kelowna on the Okanagan Lake home to a small population of just over 5,000. Situated right in the middle of wine country, it offers an ideal location to relax and enjoy nature.
Regardless of your situation, if you’re ready to buy a home in BC, you’ll need home insurance. It only takes a few moments to compare rates to get the best deal possible.