878 163a St, Surrey, BC, MLS® R3026620

As an experienced realtor, I'm excited to share with you the unique features and advantages of this incredible home, listed with MLS® R3026620. Let's start with the schools that will shape the future of your family. This property is serviced by South Meridian Elementary School, a highly-rated institution with a 6.5/10 rating, located just 0.99 km away. Your children will love attending this school, and you'll appreciate its proximity to their daily routine.

Just a short drive away, Earl Marriott Secondary School is also within reach, with a rating of No Rating, and located 1.98 km from this home. This school offers a range of programs and extracurricular activities that will help your teenagers thrive.

If you're looking for an alternative educational option, Eaton Arrowsmith School White Rock, an elementary independent school with No Rating, is just 2.88 km away. This unique school offers a specialized program that caters to students with learning difficulties.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. You'll feel at ease knowing that the rate of volation disturbances is 44,976, and the year-by-year change in the total crime rate is -12.05%. This means that the community is experiencing a decrease in crime rates over time.

In terms of property crime, the rating is Average, with 22,427 incidents in 2020. The year-by-year change in property misconduct rate is -16.98%, indicating a decrease in property-related crimes. Additionally, the violent crime rate is Below Average, with 7,844 incidents in 2020.

Now, let's explore the lifestyle amenities that make this neighbourhood so desirable. The closest Bus station is Northbound King George Blvd @ 8th Ave, just 0.53 km away from this property with MLS® R3026620. You'll appreciate the convenience of public transportation, making it easy to get around Surrey and beyond.

This neighbourhood is also home to a diverse population, with 20.9% of residents holding a university certificate or degree, which is Average compared to other BC neighbourhoods. Furthermore, 14.6% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near this property is $80,567, which is Above Average compared to the British Columbia average. The median personal income is $38,272, also Above Average. Additionally, 48.4% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in this area are Low, at 4.4%, making it an attractive location for those looking to start or grow their career.

This neighbourhood is experiencing above-average population growth, with a change of 6.3% between 2011 and 2016. The population density per square kilometre is 2,339.7, which is Above Average.

Families will appreciate the average size of families in this area, which is 2.7, Below Average compared to the whole region. However, 49.2% of families with children live in this neighbourhood, which is Below Average.

The average age of the population in this area is 49.1, which is High compared to other BC cities. This neighbourhood is also home to a diverse range of languages, with 7.9% of the population speaking English and French, 91.1% speaking English only, and 0.8% speaking neither.

Transportation-wise, 87.4% of the population uses cars, 7.8% uses public transportation, and 2.1% walks, while 0.7% uses bicycles.

In terms of real estate, the average value of dwellings in this neighbourhood is $793,907, which is High compared to other areas in British Columbia. The average owner payments are Average, with owners spending $1,254 on average. Tenants, on the other hand, are paying $1,306 on average, which is Above Average.

Finally, 9.5% of the population in this neighbourhood are renters, which is Low compared to other BC cities and areas.

I hope this comprehensive overview of 878 163a Street, Surrey, BC, MLS® R3026620, has provided you with a deeper understanding of this incredible property. Contact me today to schedule a viewing and make this stunning home your own!