Why should you invest your money in Maple Ridge real estate? This is a BIG question I get asked a lot. I personally have always loved Maple Ridge for its beautiful views and trails but now it has become one of the most popular places to move.
For first time home buyers its a bit easier to afford what you would like the farther you go away from Vancouver. This is what drove a lot of people to Maple Ridge. From an investor stand point the West Coast Express is an easy commute to Vancouver or any neighbouring cities such as Pitt Meadows, Coquitlam, Port Moody and Mission. Over the past 2-3 years Langley real estate prices have been on a straight incline with all the new development happening. What I’ve noticed is Langley has been developed for a while now and they are starting to run out of room in some areas. This pushed a lot development to Maple Ridge.
The population of Maple Ridge from 2001 to 2016 has grown at a rate of 2.01% per year.
What the city of Maple Ridge is doing about all this growth? They are preparing for it by rezoning parts of the city for multi-family homes such as condos and townhouses. To check out the Maple Ridge development map click here.
With more homes being built in Maple Ridge and the population growth we should see a steady increase in prices as we have seen over the past 2-3 years in Maple Ridge.
Maple Ridge has a lot of room to grow, being one of the largest cities in the lower mainland. With all the development happening in the city and prices increasing, Maple Ridge plans to keep and maintain the cities very green and full of nature for those who love the outdoors!
Now is the time to buy it! For more reasons why its a good idea to purchase in Maple Ridge contact me at 604-341-9937 or [email protected]