Promontory homes for sale

What does a home cost in Promontory?

Promontory has 99 active MLS® listings. The median asking price is $950K, with homes listed from $400K to $2.68M. That is about 28% above the Chilliwack median of $740K. Figures reflect current asking prices on active listings, refreshed hourly, not sold prices.

What types of homes are for sale in Promontory?

Detached listings make up 64% of what is for sale in Promontory (63 of 99 listings), with a median asking price of $1.07M. Townhouse listings are next at 30%, typically asking $654K.

How does Promontory compare to other areas?

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

Promontory is a detached-house neighbourhood. 64% 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 30% of what is listed.

Construction dates are spread out. The median home for sale dates to 2009, with most of the market falling between 1996 and 2022, so condition and updates vary a lot from listing to listing.

15% 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?

65% 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 2,519 sq ft of living space and 3 bathrooms.

Where a lot is reported, the median is 5,733 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.

56% 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: 92% of listings include a garage.

Strata or freehold?

46% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in Promontory rather than settled by the neighbourhood.

Across the 45 listings that disclose one, the median strata fee is $361 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around Promontory

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

Across 67 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 63.