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Augusta Springs MLS® Listings
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Building Info
Augusta Springs -1655 Augusta Ave, Burnaby, BC V5A 4S8, NWS2752. Located in the Simon Fraser University area of Burnaby North on Augusta Avenue and Halifax Street at the foot of Burnaby Mountain. This centralized yet private location is within a short distance to public transit, Squint Lake Park, Burnaby Mountain Golf Course, Birchwood Daycare Centre, Montecito Elementary School, Burnaby North Secondary, Royal Gourmet Foods, IGA, Burnaby Consumer Services Co-Op, Douglas Ballet Academy, Kensington Track and Field, Kensington Tennis Courts, Kensington Baseball Field, Kensington Skating Rink, shopping, medical services, parks, recreation, churches, banks and more. Easy access to Loughheed Hwy and skytrain stations allows for a quick commute to surrounding areas such as Vancouver, Coquitlam, Port Moody and New Westminster. Augusta Springs at 1655 Augusta Avenue is one of three buildings in this stunning complex with 3 floors and 89 units in strata. This complex features an outdoor pool, new roof, meticulously manicured grounds, ponds, lush gardens, storage, secure parking and a proactive strata. Most homes feature a gas fireplace, in-suite laundry with a bright and spacious floor plan. Other buildings in the complex include 1675 and 1695 Augusta Avenue. This is one of the most sought after locations in Burnaby North.
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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