38 2427 164 St, Surrey, BC, MLS® R3049530

Welcome to 38 2427 164 Street, a charming neighborhood in Surrey, BC, where you'll find a perfect blend of education, safety, and lifestyle amenities. As your trusted realtor, I'm excited to share with you the highlights of this fantastic community.

First, let's talk about schools. Your children will thrive at Pacific Heights Elementary School, which is just 1.51 km from this beautiful property with MLS® R3049530. This school has a rating of 5/10, and families love it for its excellent education and caring staff. Plus, it's within walking distance, making it a convenient choice for parents.

Just down the road, you'll find Earl Marriott Secondary School, a highly rated institution with a No Rating, located 2.02 km from this home. If you're looking for a private education option, Southridge School is just 0.9 km away, boasting a 10/10 rating and a warm, inclusive environment.

Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighborhood has an average crime rate, with 7,512.73 incidents per 100,000 population. Compared to other Canadian cities, it's a typical urban rate. However, it's worth noting that the year-by-year change in the total crime rate is -12.05%, indicating a decrease in crime over the years.

When it comes to specific types of crime, the neighborhood surrounding 38 2427 164 Street, Surrey, BC, has an above-average rate of drug-related offenses, with 390.7 incidents per 100,000 population. However, the year-by-year change in this rate is 16.32%, indicating a slight increase.

On the other hand, property crimes in this neighborhood are average, with 3,746.17 incidents per 100,000 population. There were 22,427 property-related disturbances in 2020, and the year-by-year change in this rate is -16.98%. Additionally, the violent crime rate is below average, with 1,310.25 incidents per 100,000 population, and a year-by-year change of -11.37%.

Now, let's explore the lifestyle amenities in this neighborhood. Just a short walk away, you'll find the Westbound 24 Ave @ 164 St bus station, making it easy to get around Surrey without a car.

Demographically, this neighborhood is thriving. With 36% of the population holding a university certificate or degree, it's a highly educated community. In fact, this number is high compared to other BC neighborhoods. Additionally, the median household income is $93,139, which is above average in comparison to British Columbia. The median personal income is $44,782, also high compared to the BC average. Furthermore, 76.8% of households in this neighborhood have a mortgage, indicating a strong sense of homeownership.

When it comes to transportation, 86.8% of the population uses cars, while 7.7% relies on public transport. This neighborhood is well-connected, making it easy to get around without a car.

In terms of population growth, this neighborhood has seen a significant increase of 70.3% between 2011 and 2016, which is high compared to average growth rates in the region. The average age of the population is 37.2 years, which is low compared to other BC cities.

Lastly, let's talk about the real estate market. The average value of dwellings in this neighborhood is $791,955, which is high compared to other areas in British Columbia. The average owner payments are also high, with owners spending $1,831 on average for a dwelling. Tenants in this neighborhood pay an average of $1,711 per month, also high compared to other cities.

In conclusion, 38 2427 164 Street, Surrey, BC, is a fantastic neighborhood with a perfect blend of education, safety, and lifestyle amenities. With its highly educated population, above-average household income, and strong sense of homeownership, this neighborhood is an excellent choice for families and individuals alike. As your trusted realtor, I'm excited to help you find your dream home in this wonderful community.

MLS® R3049530, 38 2427 164 Street, Surrey, BC V3Z 0R6