New property listed in Brookswood Langley, Langley


In February, sales of all property types in the Fraser Valley increased by 21% year over year with demand for two property types in particular - single family detached homes and townhomes - outpacing supply.
Last month the Fraser Valley Real Estate Board processed 1,337 sales on the Multiple Listing Service (MLS) compared to 1,102 sales in February of last year. New listings in February totaled 2,160 which added up to 7,864 active listings up from January’s 7,307.
“It was our busiest February since 2007” says newly-elected board president Jorda Maisey. “In my community of Langley the average number of days to sell a detached house is now less than one month and it’s a challenge finding the right product for some of our buyers, however every area is different. To understand the market for your home and your neighbourhood, talk to your Realtor.”
Our best seller in the Fraser Valley remains the single family detached home, followed by townhomes, in part because almost half of our buyers are families with children, but also because these products are so much more affordable in the Fraser Valley. With a typical townhome costing less than $300,000 and the interest rates so low, many first-time buyers are finding they can get more for their money here.”
The MLS HPI benchmark price of a Fraser Valley single family detached home in February was $581,400, and increase of 4.2% compared to February 2014.
Across Fraser Valley, the average number of days to sell a singe family detached home in February was 41 days, ten days faster than last year. Townhouses are selling slightly faster and apartments are on par with February 2014.
In the month of February the Will Rempel Team was highest in sales for Re/Max Treeland Realty and in the Top 5 Realtors in the entire Fraser Valley, once again earning Medallion Club membership. Homes have been selling in under 7 days, for near or above asking price. With a very busy start to March, this pace is expected to continue
SOLD FOR OVER ASKING PRICE IN 5 DAYS. Dream home & acreage on Rees Lake! This 4200 sq.ft. Waterfront Estate was built to enjoy nature. Entertain family and friends with swimming, canoeing & fishing from your own backyard - or enjoy a relaxing glass of bubbly and watch the sunset from your landscaped garden. Main rooms overlook 25 acre lake with private dock & beach. Gourmet kitchen with granite counters & stainless steel appliances & large sit-up island. Great room with cozy fireplace. & bay window breakfast nook. Four bedrooms include large master & spa-style ensuite both with tranquil lake views. Media room, game room upstairs. Office, formal dining & formal living room on the main. Hardwood floors throughout, new roof, A/C & more. 2 outbuildings include heated & wired workshop with separate gated driveway. Approx 2.3 gorgeous fenced acres for the whole family to enjoy!
Rees Lake is 100% privately owned by the 20 surounding properties. There is no public access and each resident is entitled to enjoy the entire lake as if it is "individually" owned. The island is private, however. The lake is approximately 25 acres with about 1 mile of shoreline. Lake depth varies seasonally with low water in mid-Aall and high water at the end of Spring. Water is sourced entirely from the ground wiht a max depth of 40 feet. An average depth of 15-20' is common from the island south with depths lower to the north.
Water quality is excellent with an excellent habitat for many types of wildlife. Trout are occasionally stocked by the residents and fishing is encouraged. Rees Lake supports crayfish which attract local river otters from Anderson Creek (which is also a spawning area for Coho salmon in Fall.) Boating is restricted to oar, sail or electric motor as a measure to control noise polution. The lake can become quite warm in Summer and is great for swimming.
Sunrise Lake to the West and Anderson Creek greenbelt to the East ensures that the views from the property will remain in purpetuity.
The residence offers exceptional privacy & spaciousness. The land is surrounded by a horse-fence and mature cedar trees and access is controled by an electronic gate. The house, set back 435' from the road, is not easily visible from 208 St. The house has been extensively updated and maintained.
#101 - 6337 198 Street
Langley, BC, CA
V2Y 2E3