Abbotsford is undergoing a huge change. In the last half-decade, there’s been an influx of new people (many escaping high property prices closer to the City of Vancouver), new businesses, and new municipal and provincial infrastructure money. All this has helped to soften out the crusty-crime image that plagued some areas of Abbotsford.
As one resident explains, “the old, shifty neighbourhoods are getting bought up by new young families full of hopes and dreams.” Another notes: “Now, almost all neighbourhoods west of Highway 11 fall into the category of good, family-oriented neighbourhoods.”
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Top 3 neighbourhoods to buy
1. Central Abbotsford
Central Abbotsford tops the area that includes Abbotsford, Mission and Pitt Meadows. While some still feel that the centre of Abbotsford is still “too commercial” and has too many high-rise apartment complexes, others are attracted to the urban feel and the chance to build a more family-friendly community. The area is eclectic and broadly diverse, with pockets of South Asian influence (mostly the west side).
Average houses in Central Abbotsford sell for 20% cheaper than surrounding neighbourhoods, and 46% cheaper than the average Abbotsford home.
2. Mission (Central)
Located in the Fraser Valley, Mission is just 15 minutes from the U.S. border, but a 60-minute drive to downtown Vancouver. If you don’t mind this drive (or don’t need to commute), central Mission is a great neighbourhood to buy a house. Average prices are 20% cheaper than in Mission; and 36% cheaper than the average across Mission, Abbotsford, and Pitt Meadows
Mission appeals to those who like access to all that interior B.C. has to offer—snow sports, hunting, fishing, ATV sports, and many other outdoor activities—but want the amenities of city living.
The Mission West area is not as developed as other areas in the city, but it’s also a current growth area due to high housing demands in the Fraser Valley. The recent upgrades to Highway 7 and the Lougheed Highway have made travel to and from Mission West so much easier, and this means more buyers will be able to access the affordable housing in this area.
Keep in mind, Mission West offers not only urban development but also rural and acreage properties as well. This tends to skew the pricing of the neighbourhood: the average housing price is just over $1.257 million. Still, for those who have the money, buying property with land in this part of B.C. could pay off, as prices have grown by 143.8% in the last five years.
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