316 8158 166 St, Surrey, BC, MLS^® R3035055

Welcome to 316 8158 166 Street, a beautiful property nestled in the heart of Surrey, BC. As a seasoned realtor with extensive knowledge of this community, I'm excited to share with you the many charms and benefits of this fantastic neighborhood.

Let's start with the schools. The property is serviced by William Watson Elementary School, which boasts a rating of 5.9/10 and is conveniently located just 0.44 km from the property with listing MLS^® R3035055. Just down the road, you'll find Fleetwood Park Secondary School, rated No Rating, and situated 1.97 km from this home for sale. For families, the proximity to these schools is a significant advantage.

Regarding crime rates, according to Statistics Canada's 2020 report, the neighborhood surrounding 316 8158 166 Street, Surrey, BC has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. However, it's reassuring to know that the rate has decreased by 12.05% year-over-year. Additionally, the drug crime rate is Above Average, with a rating of 390.7, and there were 2,339 illegal substances lawbreaking disturbances in the city in 2020.

Now, let's talk about demographics. The neighborhood boasts an Above Average number of residents with a university certificate/degree, with 27.2% of the population holding a degree, compared to the British Columbia average. In contrast, 14.4% of the population in this area has no certificate or degree, which is Below Average compared to the average in BC.

Transportation is also a breeze in this area, with the closest Bus station, Eastbound Fraser Hwy @ 166 St, just 0.03 km away from the listing with MLS^® R3035055. The neighborhood is also well-connected to major highways, making it an ideal location for commuters.

As we walk through the community, you'll notice the many lifestyle amenities that make this area so desirable. The average size of families in the area is 3.2, which is High compared to the whole region. The percent of families with children is also High, at 76.8%, and the percent of married or living common law couples is Above Average, at 62%.

In terms of education, 27.2% of people with a university certificate/degree live in this neighborhood, which is Above Average in comparison with other BC neighborhoods. Additionally, 14.4% of the population in this area has no certificate or degree, which is Below Average compared to the average in BC.

The median household income near this dwelling is $94,208, which is High in comparison with the British Columbia average. The median personal income is $31,360, which is Below Average in comparison with the BC average. However, the percent of households with a mortgage is High, at 72.7%.

Unemployment rates in the area are also Low, at 5.3%, which is a significant advantage for those looking to relocate. The population change between 2011 and 2016 was 3.7%, which is Above Average in comparison to average growth rate of this region.

This neighborhood is also known for its high population density, with 3,412.7 people per square kilometer, which is Above Average. The average age of the population is 38.5, which is Below Average in comparison to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $697,668, which is High compared to other areas in British Columbia. The average owner payments are High, at $1,634, and tenants pay an average of $1,023, which is Average compared to other cities.

Lastly, 15.2% of the population in this district are renters, which is Below Average compared to other BC cities and areas. The percent of English and French speakers is Low, at 3.9%, and the percent of French speakers only is Below Average, at 0.2%. The percent of Neither English nor French speakers is High, at 5.4%.

In conclusion, 316 8158 166 Street, Surrey, BC, MLS^® R3035055, is a fantastic property located in a desirable neighborhood with a strong sense of community. With its proximity to excellent schools, low crime rates, and above-average demographics, this property is an ideal choice for families and individuals looking to relocate. Come and experience it for yourself – I'd be delighted to show you around!

MLS^® R3035055