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Murrayville MLS® Listings
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Building Info
Cedar Crest Estates - 21848 50 Avenue Langley, BC V3A 8A9, NWS3121 - Located in the popular area of Murrayville in Langley on 50 Avenue and 216 Street. Cedar Crest Estates offers 63 exclusive townhomes built in 1990 that are professionally managed by 604-591-6060. This is a private setting that is within minutes from all your needs including bus stops, IGA, Shoppers Drug Mart, Hospital, medical services, restaurants, parks, recreation and more! Direct access to highways allows an easy commute to surrounding destinations. Most townhomes are ranchers that have cozy gas fireplaces, a porch at the front entrance, a patio area in the backyard and a double garage with a driveway for additional parking. This is a well maintained complex with recent updates including a new roof, gutters, pavement through the complex, railings, deck floors, paint and steel garage doors. Cedar Crest Estates offers a private and serene setting with manicured gardens, peaceful ponds, mature landscaping and plenty of greenspace throughout. Other features include a recreation centre, gated entrances, and ample visitor parking. This is an adult oriented community with a 45+ age restriction. Pets and rentals are allowed with restrictions. Cedar Crest Estates offers comfortable townhome living for those looking to downsize and retire - Live here
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
August 2020 Market insights
Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019
Real Estate Related News Articles(Sun and Province)Search News
2021 multi-family deal of the year by InterRent, Crestpoint pay $292.5M in Vancouver
To put this $292.5 million deal in perspective, it represents more than 40 per cent of the total multi-family sales volume through the first three quarters of 2020 across all of Metro Vancouver.
Economist are optimistic for Canada’s economy that will recovery from the pandemic
Chief economists from Canada's big banks expect the economy to rebound this year, but say failing to control COVID-19 or get vaccines into arms could upend that recovery
REBGV, B.C year ending sales report shows that home sales were strong
The Real Estate Board of Greater Vancouver says real estate activity ended 2020 on a positive note driven by low interest rates despite COVID-19, overcoming the setbacks that were seen in the spring.
B.C Government administer the grant for homeowner and sets this year's threshold at $1.625M
The grant is reduced by $5 for every $1,000 of assessed value above the threshold. Some low-income seniors, veterans and people with disabilities can also apply for a supplement that replaces any grant amount they lose because the value of their home is over the threshold.
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