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Receive more information about Ponderosa Estates
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Ponderosa Estates MLS® Listings
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Building Info
Ponderosa Estates - 16080 82 Avenue Surrey, BC V4N 0N6, Canada. Strata Plan LMS461 - Located in the heart of the Fleetwood Tynehead area of Surrey on 82 Avenue and 160th Street. This is a convenient location that is close to transit, Walnut Road Elementary, Fleetwood Park Elementary, Surrey Public Elementary, Shoppers Drug Mart, Save-On-Foods, restaurants, golf course, medical services, recreation and more! Direct access to major transportation routes allows an easy commute to surrounding destinations including Langley, Downtown Vancouver and Richmond. Ponderosa Estates offers 84 beautiful duplex style townhomes built in 1993 by Appia and are professionally managed. Most homes feature two levels, spacious floor plans, insuite laundry, skylights, cozy fireplaces, extra storage, oversized bay windows, fully fenced yards with patio areas, large balconies and a single garage with additional parking in the driveway. Ponderosa Estates is a well maintained complex with ample visitor parking and is secured with a gated entrance. Complex features include a clubhouse, a unique common pond area with a bridge to walk across, a waterfall feature and landscaped grounds. This is comfortable townhome living suited for the whole family. Live at Ponderosa Estates today!
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.”
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