Location Location Location, the 3 L’s real estate rule now means Transit friendly. According to REW.ca’s recent survey report - people under age 30 are now only considering purchasing real estate near transit hubs, where it is easier to move from point to point.
This information is very crucial when you are looking to invest in real estate. You need to consider these 3 factors:
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Is the municipality investing in public transit infrastructure?
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How fast can the public transit get you to your destination?
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Is the location within 7 to 10 minutes walk to public transit point?
Remember, transportation is a long term variable for real estate appreciation and making your real estate investment decision around transit hub could increase the resale value.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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