Panorama Ridge homes for sale

What does a home cost in Panorama Ridge?

Panorama Ridge has 123 active MLS® listings. The median asking price is $1.60M, with homes listed from $530K to $6M. That is about 50% above the Surrey median of $1.07M. Figures reflect current asking prices on active listings, refreshed hourly, not sold prices.

What types of homes are for sale in Panorama Ridge?

Detached listings make up 70% of what is for sale in Panorama Ridge (86 of 122 listings), with a median asking price of $1.66M. Townhouse listings are next at 18%, typically asking $839K. The gap between property types is real money here: a typical condo asks $530K while a typical detached home asks $1.66M.

How does Panorama Ridge compare to other areas?

For context across the region: Whalley (median $549K), Willoughby Heights (median $837K), Abbotsford West (median $700K). Panorama Ridge 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 Panorama Ridge?

Panorama Ridge is a detached-house neighbourhood. 70% of the homes on the market are single-family houses on their own lot, so the supply is set by how many owners decide to sell in a given season.

The next largest group is townhouses, at 18% of what is listed.

Construction dates are spread out. The median home for sale dates to 1999, with most of the market falling between 1972 and 2022, so condition and updates vary a lot from listing to listing.

What do you actually get for the money?

82% of the homes for sale have four or more bedrooms, with the 4-bedroom plan the most common of all. Family-sized space is the norm rather than the premium option.

A typical listing here offers about 3,000 sq ft of living space and 4 bathrooms.

Where a lot is reported, the median is 7,890 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.

47% of the listings report a finished basement, which in this city usually means either extra family space or a mortgage helper.

Enclosed parking is standard: 75% of listings include a garage.

Strata or freehold?

Only 19% of the listings in Panorama Ridge are strata-titled. Most buyers here are purchasing freehold, with no monthly fee and no strata council to answer to.

Across the 22 listings that disclose one, the median strata fee is $421 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around Panorama Ridge

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

Across 97 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 69.