The $1 million to $3 million segment of the West Vancouver housing market is expected to be the driving force through spring after moderate sales at an average of $2.3 million were seen in January.
The main area of concern for West Vancouver homebuyers is housing supply in the neighbourhoods they are shopping in. The buyers in the West Vancouver area are typically luxury seekers, retirees and suburban families.
So, what are the best neighbourhoods in West Vancouver to buy a house? RE/MAX explores more than 300 of Canada’s most liveable hot spots in the new 2020 Liveability Report. Here are our top picks in Vancouver West.
10 Most Liveable Neighbourhoods in West Vancouver
- Sentinel Hill
- British Properties
- Horseshoe Bay
Up and Coming Neighbourhoods in West Vancouver
The up and coming neighbourhoods in West Vancouver include Ambleside and Horseshoe Bay. These neighbourhoods boast proximity to public transit, preferred schools and big box stores. They also offer access to natural settings, such as the seawall and beaches, which are some of the top liveability factors that homebuyers look for.
West Vancouver Liveability Trends
Each of the neighbourhoods continue to see a mix of housing in their markets, which is a key indication of their continued improvement. “More condos and rental buildings are continuing to develop, especially in Park Royal and Ambleside. Park Royal specifically will eventually become a transit hub and help decrease traffic into Downtown Vancouver. We’re also seeing increased entertainment offerings in many neighbourhoods. New developments are giving a facelift to some of the older, more tired areas in the region and are creating more vitality, cleaner streetscapes, and encouraging a more culturally and economically diverse West Vancouver”.
West Vancouver at a Glance
West Vancouver is a municipality of Vancouver and sits on the northern side of English Bay. West Vancouver is home to Canada’s first shopping mall, Park Royal Shopping Centre and is also the home of the Horseshoe Bay Ferry Terminal, one of the main connecting points between the British Columbia mainland and Vancouver Island. Like Vancouver, West Vancouver boasts great proximity to outdoor spaces, as well as shopping restaurants and other common amenities.
Canada’s Most Liveable Neighbourhoods
Liveability is about quality of life at a local level. A neighbourhood’s dynamism, or lack thereof, involves a delicate convergence between independent small businesses, public institutions, arts and culture, green spaces and housing, to name a few. The COVID-19 tragedy will impact neighbourhood ecosystems differently across the country, just as the virus itself has. Yet, civic/local pride has been proliferating throughout this crisis in inspiring ways, giving Canadians hope that micro-economies, including real estate, have the resilience to be restored in the near and mid-term.
To learn more about liveability in Canada’s biggest housing markets, read the RE/MAX 2020 Liveability Report.