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A Gem in Ocean Park🏡!

Discover the Ultimate in Indoor-Outdoor Living: A Gem in Ocean Park

If you’ve ever dreamed of living in a home that seamlessly blends indoor luxury with stunning outdoor beauty, look no further than this exquisite property in Ocean Park. Nestled on a cul-de-sac street overlooking bluff views, this residence offers an unparalleled lifestyle where every detail has been meticulously crafted for comfort, relaxation, and enjoyment.

Expansive Outdoor Living Space

One of the standout features of this home is the expansive south-facing balcony that serves as an outdoor living space. Imagine stepping through the oversized Nana Wall bi-fold doors from your living room onto a deck designed for ultimate relaxation and entertainment. This seamless transition from indoor to outdoor living is perfect for those who love to host gatherings or simply want to enjoy the serene beauty of their surroundings.

The balcony is not just large; it’s an outdoor haven. Equipped with an eating area, you can dine al fresco while soaking in the breathtaking views of the ocean. As the sun sets, the outdoor fireplace becomes the perfect spot to unwind, providing warmth and a cozy ambiance. Picture yourself sitting here with a glass of wine, watching eagles soar overhead and the sky painted in hues of orange and pink.

Indoor Luxury Meets Outdoor Charm

Stepping back inside, the bright and open floor plan of the living area ensures that the beauty of the outdoors is never far away. The living room’s Nana Wall bi-fold doors not only provide easy access to the balcony but also flood the interior with natural light, creating a warm and inviting atmosphere.

The gourmet kitchen, featuring a double wall oven, is a chef’s dream, perfect for preparing meals to enjoy on the balcony’s dining area. The 3/4 oak flooring throughout the home adds a touch of elegance and warmth, complemented by updated lighting fixtures that enhance the overall ambiance.

Comfort and Elegance in Every Room

This home offers more than just beautiful views and a great floor plan. The primary bedroom opens up to the outdoors through garden doors, making it easy to step out and start your day with fresh ocean air. The bathrooms are nothing short of luxurious, with spa-like finishings, in-floor heating, and towel warmers that make every day feel like a spa day. Two main floor ensuites ensure comfort and privacy for family and guests alike.

Versatility and Functionality

Beyond the main living areas, this home offers a range of versatile spaces. The main level features a workshop (21' x 11') that presents endless possibilities, whether you need a home office, a hobby room, or additional storage. The basement provides ample space that can be customized for extended family living, extra revenue, or a suite.

A Truly Unique Property

Set on an 8,703 sq. ft. lot at the end of a cul-de-sac, this property combines privacy with expansive outdoor living. The new roof, installed in 2023, ensures that the home is as practical as it is beautiful.

Pride of ownership shines through in every aspect of this 3,757 sq. ft. Rancher. From the meticulously landscaped gardens to the thoughtfully designed living spaces, this home is truly one of a kind. If you’re looking for a property that offers both luxury and a connection to nature, this Ocean Park gem is the perfect choice.

Location:

  • Situated on a cul-de-sac street overlooking bluff views.

  • Meticulously landscaped ocean view property.

Outdoor Features:

  • Expansive south-facing balcony with outdoor fireplace.

  • Perfect for relaxing, watching eagles, sunsets, and ocean views.

Interior Highlights:

  • Size: 3,757 sq. ft. Rancher with a basement.

  • Floor Plan: Bright, open layout with numerous upgrades.

  • Living Room: Features an oversized Nana Wall opening to a large deck, ideal for entertaining.

  • Kitchen: Gourmet kitchen with double wall oven.

  • Flooring: 3/4 oak flooring throughout.

  • Lighting: Updated lighting fixtures.

Bedrooms & Bathrooms:

  • Primary Bedroom: Garden doors to the outside.

  • Bathrooms: Spa-like finishings with in-floor heating and towel warmers.

  • Ensuites: Two on the main floor, rated a perfect 10.

Additional Spaces:

  • Workshop: Main level workshop (21' x 11') with endless possibilities.

  • Basement: Ample space for extended family, extra revenue, suite, or home office.

Lot:

  • Size: 8,703 sq. ft. at the end of a cul-de-sac.

  • New Roof: Installed in 2023.

💻 Click to view this fabulous property in Ocean Park: https://whiterockviews.ca/crescent-beach-ocean-park.html/listing.r2869820-13387-13a-avenue-surrey-v4a-5y3.101461703

💫 Let's Connect! Whether you're buying, selling, or just curious about the real estate market, I'm here to help. Sign up today for valuable insights, tips, and updates on the housing market, and let's embark on this exciting journey together!

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Great New Listing In Ocean Park



Stunning Ocean Park Home on Indian Fort Drive

I recently had the pleasure of touring this breathtaking home in the highly sought-after Ocean Park neighborhood. The setting truly stands out as the highlight. Imagine driving up a cul-de-sac street lined with beautifully landscaped, multi-million dollar homes. You arrive at a picturesque Craftsman-style home, complete with a welcoming front porch and a detached garage with an ADU.

The Setting:

  • Picturesque Drive-Up: Nestled on a cul-de-sac, this home is surrounded by stunning architecture and lush landscaping.

  • Craftsman Charm: The home features a charming front porch, perfect for relaxing with a refreshment while listening to the birds in a tranquil, park-like setting.

Welcome to Indian Fort Drive:

  • Location: This custom-built home offers partial ocean views and is located on a peaceful and tranquil cul-de-sac. It's within walking distance to Crescent Beach, schools, and shopping.

  • Spacious Interior: The bright and meticulously maintained home boasts 4 bedrooms and 5 bathrooms, with high-quality finishes throughout and plenty of natural light.

Interior Features:

  • Upper Level: There are 3 bedrooms upstairs, each with an ensuite. Additionally, a 356 sq.ft. loft over the detached double garage serves as the fourth bedroom with a 3-piece bathroom.

  • Main Floor: The main floor features 10-foot coffered ceilings, gorgeous hardwood floors, and a gourmet kitchen with ample cabinet storage, stainless steel appliances, granite countertops, and an island.

  • Family Room: The bright family room includes a gas fireplace and French doors leading to a patio and private fenced backyard, perfect for entertaining.

Outdoor Living:

  • Front Porch: Enjoy the tranquility of watching eagles and sunsets from the inviting front porch.

  • Backyard: The private fenced backyard is ideal for gatherings and outdoor activities.

This home is a perfect blend of elegance and comfort, set in a serene and desirable location. If you can picture yourself in this beautiful Ocean Park home, contact me for more details or to schedule a viewing.

 💻 Click to view this fabulous property on one of the best streets in Ocean Park: https://whiterockviews.ca/crescent-beach-ocean-park.html/listing.r2888993-2106-indian-fort-drive-surrey-v4a-3l8.101872697

Let's Connect! Whether you're buying, selling, or just curious about the real estate market, I'm here to help. Sign up today for valuable insights, tips, and updates on the White Rock South Surrey housing market, and let's embark on this exciting journey together!


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Understanding Real Estate Pricing Metrics: Exploring the Difference Between Average and Median Sales Prices


In real estate, both the average sales price and the median sales price are measures used to understand the pricing trends within a specific market. However, they represent slightly different concepts and can provide different insights into the market conditions.

Average Sales Price: The average sales price, also known as the mean sales price, is calculated by adding up the total sales prices of all properties sold in a particular area during a specific period (such as a month or a year) and then dividing that sum by the total number of properties sold. Mathematically, it is represented as:

Average Sales Price = Total Sales Prices of Properties / Number of Properties Sold

The average sales price is sensitive to outliers or extreme values, meaning that a few very high-priced or low-priced properties can significantly skew the average. As a result, the average sales price may not always accurately reflect the typical or most common pricing within the market, especially in areas with a wide range of property values.

Median Sales Price: The median sales price, on the other hand, represents the middle value in a list of all sales prices arranged in ascending or descending order. To calculate the median sales price, you simply arrange all the sales prices from lowest to highest (or highest to lowest) and identify the price that falls exactly in the middle. If there is an even number of sales prices, the median is calculated as the average of the two middle values.

The median sales price is less affected by outliers compared to the average sales price because it focuses on the middle value rather than the total sum of all prices. It provides a more accurate representation of the typical or "average" property price within the market and is often used as a more reliable measure of central tendency in real estate analysis.

Key Differences:

  • The average sales price takes into account the total sum of all sales prices and divides it by the number of properties sold, while the median sales price identifies the middle value in a list of all sales prices.

  • The average sales price can be influenced by outliers, while the median sales price is less affected by extreme values.

  • The average sales price may not accurately reflect the typical pricing within the market, especially in areas with a wide range of property values, whereas the median sales price provides a more reliable measure of central tendency.

Both the average and median sales prices are valuable metrics in real estate analysis, and they are often used together to provide a comprehensive understanding of pricing trends within a specific market.

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Buy Now Or Wait?

Deciding whether to buy now or wait for changes in interest rates depends on various factors, including your personal financial situation, housing market conditions, and long-term goals. Here are some considerations to help you make an informed decision:

Buy Now if:

  1. Favorable Market Conditions: If the housing market in your area is currently favorable for buyers, with a good selection of homes and competitive prices, it might be a good time to buy. “We are seeing a relatively calm and balanced market right now,” said Jeff Chadha, Chair of the Fraser Valley Real Estate Board. “Which means buyers have time to shop around and purchase a home without the pressure of a few years ago, and while prices are holding fairly steady across all property types.”

  2. Stable Financial Situation: If you have a stable income, sufficient savings for a down payment and closing costs, and a good credit score, you may be well-positioned to buy now.

  3. Low Interest Rates: If current interest rates are historically low, locking in a mortgage now could potentially save you money on interest payments over the life of the loan. As of May 21, 2024, the lowest mortgage rate in Vancouver is 4.59% for a 5-Year Fixed mortgage. The predictions range from a decrease of 25 basis points (0.25%) to a total drop of around 100 basis points (1.00%) by year-end. The next Bank of Canada rate announcement is on June 5th, 2024, and could be a turning point. Market expectations lean towards a potential decrease of 25 basis points.

  4. Long-Term Plans: If you plan to stay in the home for the long term and are confident in your ability to afford the monthly mortgage payments, buying now could be a wise investment in your future.

Wait if:

  1. Interest Rate Trends: If interest rates are expected to decrease further in the near future, waiting could allow you to secure a lower mortgage rate and potentially save money on your monthly payments.

  2. Market Uncertainty: If there is uncertainty in the housing market, such as rising home prices or inventory shortages, waiting may give you more options and negotiating leverage when purchasing a home.

  3. Financial Preparation: If you need more time to save for a larger down payment, pay off debt, or improve your credit score, waiting could put you in a better financial position to qualify for a mortgage with favorable terms.

  4. Life Changes: If you anticipate major life changes in the near future, such as a job relocation, marriage, or starting a family, it may be prudent to wait until your situation stabilizes before committing to a home purchase.

Consult with a Financial Advisor:

Before making a decision, consider consulting with a financial advisor or mortgage professional who can provide personalized advice based on your individual circumstances and the current economic landscape. They can help you assess the pros and cons of buying now versus waiting, taking into account factors such as interest rates, market conditions, and your long-term financial goals.

Ultimately, the decision to buy now or wait depends on your specific needs, preferences, and financial objectives. Take the time to carefully evaluate your options and make a decision that aligns with your overall financial plan and lifestyle goals.

Let's Connect! Whether you're buying, selling, or just curious about the real estate market, I'm here to help. Sign Up for valuable insights, tips, and updates on the White Rock South Surrey housing market, and let's embark on this exciting journey together!

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Why Do I Want to Buy a Home in White Rock, South Surrey?

Buying a home in White Rock South Surrey offers numerous benefits and advantages that make it an attractive choice for many individuals and families:

  1. Scenic Coastal Location: White Rock, South Surrey is renowned for its stunning waterfront setting, with beautiful sandy beaches, panoramic ocean views, and a picturesque promenade. Living in White Rock, South Surrey allows you to enjoy the natural beauty of the coast and experience a relaxed beachside lifestyle.

  2. Mild Climate: White Rock, South Surrey enjoys a mild climate year-round, with relatively warm summers and mild winters. This Mediterranean-like climate makes it an ideal destination for outdoor activities and recreation throughout the year.

  3. Community Atmosphere: White Rock, South Surrey has a tight-knit community atmosphere, offering a welcoming and friendly environment for residents. The city hosts various events, festivals, and community gatherings, fostering a sense of belonging and camaraderie among neighbors.

  4. Amenities and Services: White Rock, South Surrey boasts a wide range of amenities and services, including shops, restaurants, cafes, parks, and recreational facilities. Everything you need for daily living is within easy reach, enhancing convenience and quality of life.

  5. Cultural and Recreational Opportunities: White Rock, South Surrey offers an array of cultural and recreational opportunities for residents to enjoy. From art galleries and theaters to sports clubs and outdoor activities like hiking, cycling, and water sports, there's always something to see and do in the area.

  6. Quality Education: The city is home to several schools offering quality education, making it an attractive option for families with children. Additionally, there are educational and enrichment programs available for residents of all ages.

  7. Real Estate Investment: White Rock, South Surrey’s real estate market offers a diverse range of housing options, from cozy condos to luxury waterfront properties. Investing in a home in White Rock can be a sound financial decision, with the potential for property appreciation over time.

  8. Proximity to Vancouver: While offering a serene coastal lifestyle, White Rock, South Surrey is conveniently located within easy commuting distance to Vancouver and other urban centers in the Lower Mainland. This allows residents to enjoy the best of both worlds – a peaceful seaside retreat with access to urban amenities and employment opportunities.

  9. Real Estate Options: White Rock, South Surrey offers a diverse range of real estate options to suit various preferences and budgets. Whether you're looking for a spacious single-family home, a modern townhouse, or a luxury condominium, there are plenty of choices available.

  10. Growth and Development: The area is experiencing significant growth and development, with new residential communities, infrastructure improvements, and amenities being added. Investing in a home in South Surrey offers the potential for property appreciation and long-term value.

  11. Community Spirit: White Rock, South Surrey has a strong sense of community spirit, with residents actively participating in local events, festivals, and community initiatives. It's a welcoming and inclusive place where neighbors come together to support one another and build connections.

  12. Outdoor Recreation: The area boasts an abundance of parks, trails, and outdoor recreational opportunities. Residents can enjoy activities such as hiking, biking, golfing, and water sports, as well as exploring nearby beaches and nature reserves.

  13. Beautiful Natural Setting: Surrounded by picturesque landscapes, including farmland, forests, and coastal areas. Residents can enjoy scenic views and access to nature right on their doorstep, providing a peaceful and tranquil environment to call home.

Overall, buying a home in White Rock, South Surrey provides an opportunity to live in a vibrant coastal community with a high quality of life, abundant recreational opportunities, and a strong sense of community spirit.

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For Sale, Lovely Renovated Family Home in Ocean Park

Welcome to Ocean Park! Renovated 3 bedroom family home is made available on a quiet street in Ocean Park. A wide open layout upstairs boasts new flooring, crisp finishing, updated kitchen with new cabinets, stainless appliances, quartz counters, under-mount sink, large island, new lighting, and a tonne of natural light. Walk through dining room to a set of French doors leading out to your private deck and and fenced yard. Downstairs features a 1 Bed & 1 Bath Registered Suite. Most of the big ticket items have been taken care of for you including windows, flooring, kitchen, and bathrooms. Steps away from fun fun Park, Shopping, and the Beach. This truly is great value in an outstanding neighbourhood. Call today for your private viewing!

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