Real Estate News

Home sales in January 2020 were 42.4 per cent higher than one year previously, reports board, while inventory remains low

A tired-looking area of the city could see a dramatic transformation into a showcase gateway. That’s what city council is hoping for, last week getting an update from planning staff on the visioning work underway for the Townline Node.

An older rental apartment building in Ladner that recently sold for $6.9 million isn’t going to bulldozed for redevelopment. That’s according to the real estate broker for Lora Court at 4711 57th Street, a 34-unit one and two bedroom rental building.

A Ladner street will continue its transformation as rezoning proposal for an 18-unit townhouse development across the street from Delta Secondary is coming to council Monday for final approval.

Delta council on Monday will discuss a new residential development application at the Beach Grove Golf Course. The 22-unit townhouse development at 5847 12 Ave. and 5766 16 Ave.

The long-held myth that property taxes rise in step with property assessments might finally be debunked this year. Or maybe not.

Work is beginning on a new condo project along Scott Road, but much more development along the corridor could be on the way. Already almost completely sold out, the 182-unit “Scott & Nicholson” complex at 6950 Nicholson Rd.

The assessed values for most homes in the region are down and that includes larger, pricier dwellings, some by hundreds of thousands, according to B.C. Assessment. As far as the highest assessed homes in Delta as of July 1, 2019, here's your top 10:

The assessed values of Delta homes have dipped but that’s not the case for other types of properties in the city. B.C.