FVREB Out of Town homes for sale

What does a home cost in FVREB Out of Town?

FVREB Out of Town has 34 active MLS® listings. The median asking price is $824K, with homes listed from $90K to $3.80M. That is about 30% below the No City Value median of $1.18M. Figures reflect current asking prices on active listings, refreshed hourly, not sold prices.

What types of homes are for sale in FVREB Out of Town?

Detached listings make up 47% of what is for sale in FVREB Out of Town (16 of 34 listings), with a median asking price of $1.24M. Land listings are next at 41%, typically asking $347K. The gap between property types is real money here: a typical condo asks $215K while a typical detached home asks $1.24M.

How does FVREB Out of Town compare to other areas?

For context across the region: Whalley (median $549K), Willoughby Heights (median $839K), Abbotsford West (median $700K). FVREB Out of Town sits mid-range among these areas by median asking price. Comparing a few adjacent areas is often the fastest way to see whether a listing is priced with its street or against it.

What kind of homes are in FVREB Out of Town?

There is no single housing type in FVREB Out of Town. The active listings run detached houses at 47%, other homes at 41% and townhouses at 9%, which means two buyers with the same budget can end up shopping for very different homes on the same streets.

Construction dates are spread out. The median home for sale dates to 2005, with most of the market falling between 1963 and 2023, so condition and updates vary a lot from listing to listing.

25% of the current listings were built in the last five years, so new-construction inventory is a real option here rather than an exception.

What do you actually get for the money?

50% of the homes for sale have four or more bedrooms, though smaller 3-bedroom homes still turn up regularly. Family-sized space is the norm here rather than the premium option.

A typical listing here offers about 2,200 sq ft of living space and 3 bathrooms.

Where a lot is reported, the median is 131,116 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.

15% of the listings report a finished basement, which in this city usually means either extra family space or a mortgage helper.

Strata or freehold?

24% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in FVREB Out of Town rather than settled by the neighbourhood.

Across the 5 listings that disclose one, the median strata fee is $246 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around FVREB Out of Town

Transit coverage is thin here. Most listings in FVREB Out of Town are not close to rapid transit or a frequent bus route, so plan on driving.

Across 6 scored listings the median walk score is 35 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.

Cycling scores better than walking in a lot of the city, and it does here too: the median bike score across scored listings is 68.