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MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Building Info
Glencoe Estates - 13891 74th Ave, Surrey, BC V3W 7E6, Strata Plan No. NWS526, 2 levels, 272 units, built 1976 - located between 140th and 138th Street with the cross road of 74th Avenue in East Newton community of Surrey. Glencoe Estates is the lifestyle community merging urban living amongst 18 acres of natural and serene landscaping. This low-rise development, with 152 townhouse units for a total of 272 units, consists of 3 buildings with 13 addresses, 13891-13897 74th Ave, 13931-13933 74th Avenue, 13977 74th Ave, 7451 - 7453 140th Street, 7473 & 7493 140th Street, 7426 138th Street, 7472 - 7476 138th Street, and 7486 138th Street.
Glencoe Estates offers 1, 2 and 3 bedroom condominium suites and 3 bedroom townhomes and each features spacious floor plans, cozy gas fireplaces, white kitchen appliances, vinyl flooring in kitchens, laminate countertops, large private back yards and insuite laundry. Plus the new roof and vinyl windows have been recently upgraded. Best of all, residents can enjoy the fantastic recreation centre including an indoor pool, lounge/meeting room, exercise room, change rooms and saunas, playground and tennis courts.
At the Glencoe Estates, everything necessary for a full and varied lifestyle is at your doorstep. Your community includes MB Sanford Elementary, Bear Creek Elementary, Newton Wave Pool, Newton Public Library, Superstore, Save-on Foods, Safeway, Costco and Newton Exchange transit station, all within walking distance. This is an established community that is enjoying the vibrant communities of young families and the like. Glencoe Estates is self managed 604-231-4339. 1 pet or 1 dog allowed, rentals allowed.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
Real Estate Related News Articles(Sun and Province)Search News
Covid-19 pandemic cause increase demand for housing
“In the absence of a marked uptick in inventory, the current relationship between demand and supply supports continued double-digit average home price growth this year,” the real estate board’s chief market analyst, Jason Mercer, commented in the report.
The province has already introduced and extended a rent freeze during the COVID-19 pandemic, and it says in a news release Monday that new legislative changes will keep it in place through Dec. 31.
The pros and cons of purchasing the upgraded condo building compare to the newly build one
“Capacity is also a problem—most managers struggle to keep up with their day-to-day activities, so targeting reductions doesn’t happen much because they’re trying to keep their heads above water.”