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Real estate in Coquitlam
The British Columbia region in Western Canada frequently captivates numerous international property seekers and investors. If you're on the search for your dream house or a condo in a breathtaking setting with lush greenery, Coquitlam should undoubtedly be at the top of your list. This magnificent city in the Metro Vancouver area, characterized by mountainous vistas, riverside paths, and modern high-rise condos, has been fondly referred to as the "City of the Arts" given its rich cultural heritage and stunning landscapes. Before you get in touch with a local real estate broker, familiarize yourself with the local market conditions, the types of properties available for sale in Coquitlam, and the financial commitment required to own a home in such a diverse locale. Coquitlam's housing market is diverse, with options ranging from single-family homes to townhouses and apartments, all set against the backdrop of the stunning West Coast mountains. Assess the market situation in Coquitlam, where abundant green spaces meet urban comfort, and consider making this vibrant community your home.
Coquitlam properties: Market trends overview
Coquitlam's real estate market in British Columbia, Canada, has witnessed continuous price advancement over the years, making it a profitable venture for foreign investors and purchasers, particularly from Asian countries, the UK, the US, and Australia. The city's position, nestled between mountains and the Fraser River, offers a perfect blend of tranquil living and dynamic holidays due to its multitude of parks, cultural centres, and easy connectivity to the vibrant city of Vancouver. In recent years, the governing authorities in Coquitlam have heavily invested in the city's development, introducing an array of property choices for both domestic and overseas homeowners. This includes contemporary townhouses, apartments, modern villas, traditional bungalows, and luxurious penthouses. Locating properties and apartments tailored to any budget and lifestyle tastes is effortless in Coquitlam, making this scenic city an inviting destination for foreign investors. The city uniquely combines mountainous landscapes with the modern comforts of urban living, enhancing the quality of life for its residents and making it an attractive real estate market.
Average price of a property for sale in Coquitlam
Wondering what the going rate is for properties in Coquitlam, British Columbia? Several factors account for fluctuations in price, such as the type of housing, proximity to the city center and wildlife parks, existence of amenities, individual requirements (like opulence, measurements, ease of access, and others). The most recent data reveals that the topmost asking price for properties on sale in Coquitlam was CAD 1,825 per square foot. You can find the priciest properties in the Westwood Plateau-Burke Mountain area. The most affordable regions, with an average price per square foot of CAD 1,276, are in the Coquitlam East region. The median listing price for a residential building is currently hovering around CAD 1,346,864.
Types of properties can you find in Coquitlam
Real estate in Coquitlam, British Columbia, presents a wide array of properties, such as condos, luxury penthouse suites, exquisite waterfront mansions, and charming Canadian-style houses. The most sought-after property for sale is nestled within a secure residential community. Here you can find 3-4 bedroom condos with expansive balconies, and two-story houses. Interestingly, these houses have separate entrances for each level and each comes with extensive decks and its own fully-equipped kitchen. Alternatively, you might consider a newly built mansion located in an illustrious part of Coquitlam, Canada, offering panoramic views over the city, within walking distance to the lake, and truly an excellent place to reside.