Whether you are a first-time homebuyer looking for a condo or townhome for sale, or you are a well-established professional looking for a parcel of land with a beautiful detached home, Langley Real Estate will likely have what you are looking for. Langley MLS listings show that there are plenty of downtown Langley condos for sale, plus townhomes and houses with property; all still at very reasonable prices when compared to the rest of the Vancouver Lower Mainland. Contact Natasha Taylor of theTaylor Teamat1-778-316-4290if you are looking for homes in Langley BC. Most Langley homes for sale are very reasonably priced and feature great school catchments, parks, recreation centres, hockey leagues, and other sporting activities in the area.
More About Langley BC
Langley real estate has enjoyed a long-standing, constantly growing rate of development. Although older areas such as Langley’s Brookswood area have remained much the same (people seem to enjoy the large lots and private feel), other areas such as Willoughby Heights and Walnut Grove have seen tremendous amounts of new growth and new real estate development.
The Taylor Team can help you discover Langley BC, which has developed into a major city that has everything to offer, from large shopping malls and commercial strips to well attended restaurants, great entertainment facilities for all ages and an easy commute to the Vancouver or to the Canada/US border. One thing you may want to check out if you are looking for homes for sale in Langley during the spring or summer months is the many classic car shows that Langley hosts. These shows feature cars from all over the Lower Mainland and often you will see some very old vintage cars that have been restored to their original splendor, or made up to be a custom hot rod.
Langley is split between between two municipalities; the Township of Langley, and the City of Langley. Since the two municipalities are so close, they tend to share many of the major amenities and work closely with one another to ensure that the region is able to prosper together. For the last ten years, Langley has seen an explosive of both commercial and residential developments. Both of these are in large part due to significant infrastructure improvements on the Port Mann bridge, as well as rumored plans of Translink extending the Skytrain to the City of Langley over the next ten years.
The neighborhoods in Langley can vary greatly in price depending on where you want to purchase. That being said, the core of Langley’s shopping and entertainment is conveniently located in the geographical center of the town. This helps ensure that no matter which community you live in, you can easily access everything within a 10 minute car ride.
Some of the most sought after neighborhoods in the Fraser Valley can be found in the Township of Langley; Fort Langley, Walnut Grove, and High Point.
Langley has a strong reputation as having some of the most premium amenities across the Fraser Valley. Whether your family enjoys swimming, biking, hiking, or team sports, there is something for everyone.
The Township of Langley operates some of the lushest parks and state-of-the-art facilities West of the Fraser River. Many Surrey and Abbotsford residents travel into Langley to make use of all of the incredible spaces.
There are over 50 schools in Langley, BC. So whether you’re looking to enroll your children in a public elementary school, or you have a high school graduate seeking post-secondary education, there is a school for everyone.
Langley has undergone significant improvements to transportation options. With many neighbourhoods becoming more and more walkable, and Translink making large infrastructure investments into increased bus’ and Skytrain developments.
Translink Bus service
Many walkable neighbourhoods
KPU Inter-Campus Shuttles
BC Transit shuttles to Abbotsford and Chilliwack
Langley Regional Airport
Economic Stats for
Langley’s economy has been significantly growing over the last 10 to 20 years. Before you lay your roots and purchase a property in Langley, it is important to understand the primary job creators and the economic drivers of the community.
Statistics Canada reported that in 2017 1 in 3 households in the Township of Langley had a household income of over $80,000. Nearly 8% of families had a household income of well over $150,000 per year.
Real estate prices in Langley vary greatly depending on the neighbourhood. It’s important to not just consider price when purchasing a property.
March 2021 Price
Three Year % Change
(From MLS® Home Price Index – Fraser Valley Real Estate Board March 2021.)
LANGLEY TOWNHOMES AND CONDOS
You will find plenty of new developments that feature brand new townhomes and condos for sale in Langley. These new home developments often will offer no tax on your brand-new townhouse in Langley, and the townhome for sale will also be under warranty should anything come up as the home settles.
Traditionally prices for townhomes for sale in Langley start at approximately $490,000 for smaller older townhouses and can reach into the high $500,000’s for new townhouse developments. The approximate prices for condos for sale in Langley start at as low as $420,000 for an older studio or one-bedroom condo unit. For new condos for sale in Langley, you can expect prices at approximately the $400-600,000’s range.
LANGLEY ACREAGES AND DETACHED HOMES
Langley is also full of beautiful large acreages and large estate homes for those with a larger real estate budget. Some of these detached Langley homes will easily exceed the $1,000,000 CDN mark but will likely be an excellent investment down the road, depending on where you are looking, as Langley has plenty of room to grow and plenty of properties that can be subdivided.
Langley has a very strong and diverse local economy. With hundreds of different businesses across dozens of industries, this community is very well balanced.
Agricultural land plays a significant role in Langley’s economy. With nearly 75% of all the land being reserved for agricultural purposes. Langley is responsible for a vast majority of the agricultural output of Greater Vancouver.
Film and Television have a growing impact on Langley’s economy. With recent infrastructure developments to support state-of-the-art studios, we expect the film industry to be a primary driver for the foreseeable future. Small town Fort Langley is known for some of the biggest hit Netflix films.
Rental Potential in
Are you a rental property investor searching for your next property? Or even a young family looking to offset the cost our your dream home with a mortgage help? Then you need to understand the common costs and rental rates in Cloverdale.
Before you take the first step in acquiring a real estate investment it is best that you understand the most common costs associated with acquiring and maintaining a rental property.
Property Transfer Tax – This is a provincial tax on the transfer of ownership between the seller and buyer. In general, it is 1% – 3% of the fair market value.
Lawyer Fees – These fees vary depending on the firm’s rates and whether you will be financing or paying cash for the property. That being said, in general, the cost is approximately $1,000 – $2,000.
Property Taxes – All real estate in BC is impacted by property taxes in one way of another. In Langley City, you can expect to pay around 0.210% of the BC assessment value each year.
Strata Fees – If you’re purchasing a property that has a strata corporation, then you can expect to pay a monthly fee to the strata. Most, if not all, apartments, townhomes, and condos have a monthly strata fee. This can range from $200 – $500+ per month.
Repairs & Maintenance – Most savvy investors budget 1 – 2 % of the fair market value of the property for repairs and maintenance.
Property Management – Who will manage the screening of tenants? What about collect the rents and abide by the BC Tenants Act? Property management companies can manage all of the day-to-day operations for anywhere from a 6 – 10% commission.
Monthly rents will vary greatly depending on the location and quality of the home. While these estimates will help you understand the general pricing, its best to speak with a professional real estate agent or property management company to get the most accurate rental rates for your property.