Port Moody Real Estate News

According to BC Assessment 2011 property values have risen in the Tri-Cities in 2010. Tri-Cities real estate were officially assessed as having $45.78 billion in value for 2011. BC Assessment assesses property's market value as of July 1, 2010.

The most expensive Tri-Cities properties are in Coquitlam, but Port Moody is not far behind. Two ares of Port Moody - Heritage Woods and the city's north shore had the highest value.

There is still plenty of value in Port Moody real estate, the cheapest properties in Port Moody, according to BC Assessment, were strata low-rise, two-bedroom condos built in 2005.

2011 marks the first time in B.C. history that the value of all real estate on the assessment roll has surpassed $1-trillion. Port Moody properties were valued at $7.35 billion!

You can check out more facts and figures on the BC Assessment website.

If you are interested in the latest Port Moody real estate listings then why not check out 216-225 Newport Drive, Port Moody. It is a desirable one bedroom & den, rare condo in The Caledonia building in Newport Village.

The condo is a beautifully decorated unit with all the amenities of Port Moody steps away from your front door. It has upgraded kitchen cabinets, with modern colors and stunning french doors opening into your home office. It features a south facing wrap around balcony overlooking Newport Village. The master bedroom comes equipped with a great walk-in closet. Shopping, transit, recreation and great trails all within walking distance.

Come and see what all the hype is about. This is a fantastic condo is a great building in a great community. Make this your new home. Contact us for further details.

Click on our link to see further condo and real estate listings in Newport Village.