Government Road homes for sale

What does a home cost in Government Road?

Government Road has 33 active MLS® listings. The median asking price is $1.90M, with homes listed from $390K to $6M. That is about 111% above the Burnaby median of $898K. Figures reflect current asking prices on active listings, refreshed hourly, not sold prices.

What types of homes are for sale in Government Road?

Detached listings make up 52% of what is for sale in Government Road (17 of 33 listings), with a median asking price of $4M. Condo / Apartment listings are next at 42%, typically asking $500K. The gap between property types is real money here: a typical condo asks $500K while a typical detached home asks $4M.

How does Government Road compare to other areas?

For context across the region: Whalley (median $549K), Willoughby Heights (median $830K), Abbotsford West (median $700K). Government Road carries the highest median asking price of this group. 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 Government Road?

There is no single housing type in Government Road. The active listings run detached houses at 52%, condos at 42% and townhouses at 6%, 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 1975, with most of the market falling between 1969 and 2011, so condition and updates vary a lot from listing to listing.

What do you actually get for the money?

The 2-bedroom plan is the most common listing, with smaller and larger homes on either side of it.

A typical listing here offers about 1,352 sq ft of living space and 2 bathrooms.

Where a lot is reported, the median is 10,500 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.

Enclosed parking is standard: 79% of listings include a garage.

Strata or freehold?

48% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in Government Road rather than settled by the neighbourhood.

Across the 16 listings that disclose one, the median strata fee is $498 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around Government Road

Rapid transit reaches part of the area: 39% of listings are near a station, while 58% are on a frequent bus route.

Across 28 scored listings the median walk score is 36 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 61.