Explore B.C.’s other wine country: Langley. This Fraser Valley enclave is not only an emerging wine region (40 wineries and counting, many of them award-winning), its real estate scene is booming, too. Here’s where to put down roots.
By Michelle Hopkins and Right Sizing Staff
Langley is actually divided into two districts: Langley City and the Township of Langley (of which Fort Langley, dubbed the birthplace of B.C., is part). Altogether, nearly 147,000 residents call Langley home, many of them young professionals attracted not only to its affordability but also to its authentic rural vibe. With a growth rate of 12.6 per cent over the last census period (2011-2016), the population of the Township of Langley alone is expected to double by 2040, making it the 5th largest municipality in Metro Vancouver.
It’s no surprise that housing construction in Langley is booming. In 2018, Langley City more than doubled its average annual construction value, up to $113 million from a 10-year average annual construction value of $48.6 million. The Township is experiencing unprecedented growth, reaching $530,693,559 in new building permits this year compared to $380,793,595 during the same period last year. Of those, 963 were multifamily units, compared to 449 units during the same period last year.
Yet affordability is on the rise. According to the Fraser Valley Real Estate Board (FVREB), the September 2019 benchmark price for a detached house in Langley was $982,300, down 4.4 per cent from a year earlier, while a typical condo apartment sells for $400,200, down a whopping 7.3 per cent from the same time last year. “Home prices are still dropping compared to a year ago, but on a month-to-month basis, prices are moderating,” says Darin Germyn, FVREB president.
To keep up with the unprecedented population growth, a new $10-million, 55,000-square-foot terminal building is nearing completion at the Langley Airport, while a $40-million expansion of Langley Memorial Hospital began earlier this summer–infrastructure amenities that make this one of the most attractive swaths of the Fraser Valley.
173 West Coast contemporary one-, two- and three-bedroom homes. Willoughby. Now selling; move in 2021.
77 one- and two-bedroom condos in Langley City. Currently in preconstruction.
Two, two-plus-den and three-bedroom modern condos. Langley City. In preconstruction.
48 low-rise one- and two-bedroom condos. Murrayville. Selling now.
88 units (including studio, one-bedroom plus-flex and two-bedroom-plus-flex condos. Selling now.
DENBY COUNTRY LIVING
64 semi-detached town homes between 2,594 and 2,994 square feet. Murrayville. Selling now.
FIELD + FORT
115 one-, two- and three-bedroom condominiums. Langley City. Occupancy projected for 2021.
61 family-sized two- and four-bedrooms. Murrayville. Selling now.
153 three- and four-bedroom cottage-inspired town homes. Adjacent to Yorkson Park. Selling now.
GALA AT PARC CENTRAL
75 one- and two-bedroom condos. Central Gordon in Willoughby. Selling now.
85 modern four-bedroom, three-and-a-half bath town homes. Carvolth Village. Selling now.
106 three- and four-bedroom town homes. Across from Langley Events Centre.
2,000 contemporary homes, condos, duplexes, town homes, rowhomes and single-family lane homes. Langley Township. Urban Village condos selling now. Register now.
53 one- and two-bedroom condos ranging in size from 938 to 1,247 square feet. Milner Heights. Selling now. 10 homes remain.
LEGACY ON PARK AVENUE
69 luxurious two- and three-bedroom. Park Avenue. Coming soon.
138 three-bedroom town homes. Yorkson. Selling now.
92 one- and two-bedroom condos. Murrayville. Selling now.
36 three- and four-bedroom town homes of 1,455 to 1,754 square feet. Brydon Park. Selling now.
91 two-bedroom, two-bathroom layouts. Willoughby Town Centre. Selling now.
THE TERRACES 3
64 three-bedrooms with private rooftop terraces. Langley City. Selling now.
211 two-bedroom condominiums and four-bedroom town homes. Willowbrook. Selling now.
TRIBUTE AT PARC CENTRAL
80 four-bedroom town homes. Central Gordon Estate neighbourhood. Coming soon.
589 one-, two- and three-bedroom condominiums featuring an outdoor swimming pool, fitness centre, club house, terrace and a private park. Willoughby. Selling now.
WESTBROOKE AT WILLOUGHBY
147 single family homes and non-strata rowhomes. Willoughby. Selling now.
51 designer townhomes set in nature. Surrounded by mature cedars and walking trails, these three- and four-bedroom homes offer privacy and an enhanced living experience. Willoughby. 50% sold.
200 condos ranging in size from 1,102 to 1,355 square foot one-, two- and three-bedroom units with accessibility options. Langley. Selling now.