MAP: Priciest properties in Surrey and Fraser Valley up more than $2 million

The 50 most expensive homes in the Valley range from $5.2 to $16.1 million and are dominated by Surrey properties

To view interactive map

To view interactive map

View 50 Priciest Properties in Fraser Valley in a full screen map

Many home owners are stunned at the jump in their property value, but just imagine if the increase was measured in the millions.

Some of the priciest properties in the Fraser Valley have gained more than $2 million, according to data released Tuesday by B.C. Assessment.

The highest assessed single family house in the region is at 2021 Indian Fort Drive in Surrey and its value leapt $2.4 million or 25 per cent from $9.5 million to just over $11.9 million.

A White Rock house at 13616 Marine Drive shot up by almost $2.8 million or 30 per cent, from $9.1 million to $11.87 million.

When acreages are included, the highest assessed residential property in the Fraser Valley (into which B.C. Assessment includes Surrey and Richmond) was a Surrey acreage at 17146 20 Avenue that gained nearly $2 million to $16.15 million.

And the priciest property in Langley Township – an acreage at 19683 0 Avenue – saw its assessment rise 31 per cent or $2.4 million to $10.06 million, from $7.6 million.

Explore our interactive map above to see the 50 highest assessed homes in the Fraser Valley or click here for mobile users.

Surrey houses dominate the region’s top 100 list, which includes only a few other properties further east – four acreages in Langley Township ranging from $4.8 to $6.1 million and one in Chilliwack’s Columbia Valley valued at $4.6 million. Five properties on the list exceed $10 million.

The most expensive home in B.C. overall was Lululemon founder Chip Wilson’s Vancouver house at 3085 Point Grey Road, now assessed at $63.87 million, up 10.9 per cent.

Apart from that house and from $51-million James Island off Sidney, the top 10 highest value homes in B.C. are all in Vancouver and exceed $29 million.

According to B.C. Assessment, detached houses in urban areas of the Fraser Valley typically gained five to 25 per cent, and more rural houses were up or down by as much as five per cent in most cases.

Strata units in the Fraser Valley gained between zero and 10 per cent, while commercial properties increased five to 25 per cent.

Bigger increases were more common in Greater Vancouver, where detached houses were up 15 to 30 per cent and strata units were usually up around 10 per cent.

You can look up any B.C. property’s assessment at evaluebc.bcassessment.ca.

The new 2016 assessments are as of last July 1.

“This is a snapshot in our rear-view mirror,” B.C. Real Estate Association chief economist Cameron Muir said. “Home prices have probably gone up 10 per cent across the region since then.”

Muir said strong demand and a diminishing supply of increasingly scarce single detached houses triggered the “pretty significant gains” of 2015.

This is an embedded <a target=’_blank’ href=”http://office.com” _mce_href=”http://office.com”>Microsoft Office</a> PDF, powered by <a target=’_blank’ href=”http://office.com/webapps” _mce_href=”http://office.com/webapps”>Office Web Apps</a>.

Just Posted

(Adam Louis/Observer)
PHOTOS: Students leap into action in track events at Kent Elementary

At Kent Elementary, when the sun’s outside, the fun’s outside. The intermediate… Continue reading

Kindergarten kids from Evans elementary school in Chilliwack painted rocks with orange hearts and delivered them to Sto:lo Elders Lodge recently after learning about residential schools. (Laura Bridge photo)
Kindergarten class paints rocks with orange hearts in Chilliwack for local elders

‘Compassion and empathy’ being shown by kids learning about residential schools

Chilliwack potter Cathy Terepocki (left) and Indigenous enhancement teachers Val Tosoff (striped top) and Christine Seymour (fuchsia coat), along with students at Vedder middle school, look at some of the 500-plus pinch pots on Thursday, June 10 made by the kids to honour the 215 children found at Kamloops Indian Residential School. (Jenna Hauck/ Chilliwack Progress)
Chilliwack students make hundreds of tiny clay pots in honour of 215 Indigenous children

‘I think the healing process has begun,’ says teacher about Vedder middle school project

Image by Free-Photos from Pixabay
Webinar looks at sexual abuse prevention among adolescents

Vancouver/Fraser Valley CoSA hosts free online session on June 15

One person was transported to hospital with minor injuries following a two-vehicle crash on Hot Springs Road June 10. (Adam Louis/Observer)
One hurt following two-vehicle crash on Hot Springs Road

Agassiz Fire Department, B.C. Ambulance Service attended with RCMP

At an outdoor drive-in convocation ceremony, Mount Royal University bestows an honorary Doctor of Laws on Blackfoot Elder and residential school survivor Clarence Wolfleg in Calgary on Tuesday, June 8, 2021. THE CANADIAN PRESS/Jeff McIntosh
‘You didn’t get the best of me’: Residential school survivor gets honorary doctorate

Clarence Wolfleg receives honorary doctorate from Mount Royal University, the highest honour the school gives out

Two-year-old Ivy McLeod laughs while playing with Lucky the puppy outside their Chilliwack home on Thursday, June 10, 2021. (Jenna Hauck/ Chilliwack Progress)
VIDEO: B.C. family finds ‘perfect’ puppy with limb difference for 2-year-old Ivy

Ivy has special bond with Lucky the puppy who was also born with limb difference

A million-dollar ticket was sold to an individual in Vernon from the Lotto Max draw Friday, June 11, 2021. (Photo courtesy of BCLC)
Lottery ticket worth $1 million sold in Vernon

One lucky individual holds one of 20 tickets worth $1 million from Friday’s Lotto Max draw

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

“65 years, I’ve carried the stories in my mind and live it every day,” says Jack Kruger. (Athena Bonneau)
‘Maybe this time they will listen’: Survivor shares stories from B.C. residential school

Jack Kruger, living in Syilx territory, wasn’t surprised by news of 215 children’s remains found on the grounds of the former Kamloops Indian Residential School

A logging truck carries its load down the Elaho Valley near in Squamish, B.C. in this file photo. THE CANADIAN PRESS/Chuck Stoody
Squamish Nation calls for old-growth logging moratorium in its territory

The nation says 44% of old-growth forests in its 6,900-square kilometre territory are protected while the rest remain at risk

Flowers and cards are left at a makeshift memorial at a monument outside the former Kamloops Indian Residential School to honour the 215 children whose remains are believed to have been discovered buried near the city in Kamloops, B.C., on Monday, May 31, 2021. THE CANADIAN PRESS/Darryl Dyck
‘Pick a Sunday:’ Indigenous leaders ask Catholics to stay home, push for apology

Indigenous leaders are calling on Catholics to stand in solidarity with residential school survivors by not attending church services

Most Read