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New Construction Home Developments Chilliwack BC


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Situated on the Pacific Coast of Canada's Lower Mainland in southwest British Columbia, Chilliwack is part of the Chilliwack and District Real Estate Board and about 100 kilometers from Metro Vancouver. Thanks to its wonderful weather, Chilliwack offers year-round outdoor activities to its citizens, which enhances the town's excellent standard of living and continuous population development.

Chilliwack provides opportunities for new home buyers with its affordable real estate, giving you the relaxed vibes that you find in small towns. The city has consistently grown over the last five years, adding about 7,900 new citizens over that time, or an 8.4% growth rate. If you're looking for a Chilliwack presale, this thriving community might just be the perfect place to invest in your new home.

Furthermore, Chilliwack's strategic location near Metro Vancouver contributes to its attraction. Chilliwack inhabitants enjoy a slower pace and lower cost of living, but they also have easy access to the larger city facilities and work opportunities. This proximity provides the best of both worlds, allowing buyers to enjoy Chilliwack's affordability and charm without giving up the advantages of city living.

The several communities of Chilliwack provide distinct housing and real estate options that suit a variety of tastes and lifestyles. Each neighborhood, which is separated into urban, hillside, and rural sections, is distinguished by unique characteristics and development plans meant to improve community living and cater to the needs of the local population.

Chilliwack's urban sections, including Chilliwack Proper and Fairfield Island, Downtown, Sardis, Alder, and South Vedder, are focused on redevelopment, renovation, and densification. Due to their advantages over pre-existing services and facilities, these areas are desirable choices for consumers looking for accessibility and convenience. Chilliwack's metropolitan districts provide a wide variety of housing alternatives, ranging from comfortable single-family houses to contemporary condominiums, so there's something for everyone.

Certain neighborhoods on the hillsides like Promontory, Eastern Hillsides, and Chilliwack Mountain are intended for selective growth with municipal services provided. Comprehensive Development Area Plans serve as a guide for development in certain regions, guaranteeing environmentally sound development and sustainable growth. Hillside communities are popular places for luxury houses and upmarket projects since the properties there frequently have beautiful views and large lots.

Growth in rural regions such as Greendale, Rosedale, and Yarrow Town Centre is limited to maintaining the existing rural settlement borders. These communities provide a calm living amidst stunning scenery, with properties ranging from small farmhouses to large estates. 

Chilliwack offers a variety of housing alternatives to suit different lifestyles and price ranges, such as roomy new single-family homes, charming new townhomes, and modern apartments. The city's vibrant economy, strong sense of community, and excellent standard of living all contribute to Chilliwack's allure, making it possible for prospective homeowners to discover the ideal residence there and lead rewarding lives.

Apart from providing appealing lifestyle options, Chilliwack's real estate market is also reasonably priced when compared to nearby Metro Vancouver. This is reflected in Chilliwack's typical property prices, which are $880,110 for single-family detached homes, $595,900 for townhouses, and $402,500 for apartments.

These prices along with Chilliwack's dedication to providing a variety of housing alternatives make the city a popular choice for potential homeowners searching for a balance between cost and quality of life. Chilliwack offers something for everyone in its real estate market, whether you're looking for a tranquil getaway in the middle of nature or a bustling neighborhood with easy access to city amenities.

Due to its medium-range housing price, Chilliwack is considered a great area for the first-time home buyer and entry-level to mid-range investors. The Chilliwack municipalities are actively taking part in making sure the housing market here stays stable for good.

Chilliwack is home to several respected builders who are noted for their high-quality craftsmanship and inventive ideas. Whether you want a custom-built home or a move-in-ready property, Chilliwack's builders can make your vision a reality. From renowned developers to up-and-coming enterprises, there is a builder in Chilliwack to meet your wants and preferences.

These builders are dedicated to delivering homes that meet the highest building and design standards, allowing residents to enjoy comfortable and attractive living areas for years to come. Whether you want to build your own home from the ground up or buy an already constructed property, Chilliwack's builders have the knowledge and experience to make your homeownership dreams come true.

Additionally, Chilliwack's builders are skilled at dealing with a wide range of architectural styles, from traditional to modern, allowing homeowners to tailor their living spaces to their preferences and lifestyles. Chilliwack's builders take pride in providing their clients with great quality and value, whether they are building custom-built townhomes, condos or new homes in Chilliwack.

According to data from the Chilliwack and District Real Estate Board, property sales in Chilliwack increased significantly at the beginning of 2024. In January 2024, 201 houses were sold through the MLS® System, representing a significant increase of 67.5% from January 2023.

Despite the increase in sales, house inventories decreased, with new listings falling by 17.7% compared to January 2023. This fall in listings contributed to a decrease in active residential listings, which stood at 787 units at the end of January, down 5.5% from the previous year.

The average price of residences sold in January 2024 was $719,509, up 3.5% from January 2023. Furthermore, the overall MLS® Home Price Index (HPI) increased by 1.7% from January 2023, with the benchmark price for single-family homes remaining practically steady while the benchmark prices for townhouse/row units and apartments increased significantly.

Based on the February 2024 data, the number of units sold increased by 13% compared to last year's sales. In addition, there was a 42.5% increase in new listings compared to last year's statistics, resulting in a total of 218 houses sold.

Overall, Chilliwack's real estate market is busy and competitive, with strong buyer demand and limited availability driving up prices. As the market evolves, it will be critical to monitor how sellers react to shifting market conditions and whether the current trend of higher house sales continues in the coming months.