48 8418 163 St, Surrey, BC, MLS^® R3038841

Welcome to the charming neighborhood of 48 8418 163 Street, Surrey, BC, where the MLS listing R3038841 awaits your arrival. As your trusted realtor, I'm delighted to guide you through the community's highlights, pointing out the best features of this unique property.

Let's start with the schools nearby. Frost Road Elementary School, with its rating of 6.2/10, is conveniently located just 0.46 km from this home. This school is a popular choice among families in the area, and I've witnessed firsthand how much they appreciate its warm and welcoming environment. Just a short drive away, you'll also find North Surrey Secondary School, with a rating of No Rating, situated 2.62 km from this property.

For families with older children, St. Matthew's Elementary School is the closest independent elementary school, boasting an impressive rating of 7.3/10 and located just 0.96 km from this home. And for secondary education, Holy Cross Regional High School is the closest independent secondary school, with a rating of No Rating, situated 0.87 km from this property.

Now, let's take a look at the crime statistics in the area. According to Statistics Canada's 2020 report, this neighborhood has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. Over the past year, the total crime rate has decreased by 12.05%. Specifically, drug crime rates near the MLS listing R3038841 are Above Average, with a rating of 390.7 and 2,339 incidents in 2020. However, the year-over-year change in the illegal substances offenses ranking is a notable 16.32%.

When it comes to property crimes, the neighborhood surrounding 48 8418 163 Street is Average, with a rating of 3,746.17 and 22,427 incidents in 2020. Interestingly, the property misconduct rate has shown a significant decrease of 16.98% over the past year.

Regarding violent crimes, there were 7,844 incidents in 2020, resulting in a rate of 1,310.25, which is Below Average compared to other BC municipalities. The year-over-year change in the violent crime rate is a notable 11.37%.

Now, let's explore the transportation options in the area. The closest bus station is Eastbound Fraser Hwy @ 84 Ave, located just 0.27 km away from this property with MLS listing R3038841.

Moving on to demographics, 29.9% of the population in this neighborhood holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 14.9% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near this property is $81,338, which is Above Average compared to the British Columbia average. Meanwhile, the median personal income is $32,656, which is Average in comparison to the BC average. Notably, 80% of households in this census subdivision have a mortgage, which is High compared to other areas.

Unemployment rates in the area surrounding MLS listing R3038841 are a relatively low 6.3%, which is Below Average compared to other province neighborhoods.

This real estate property is located in the Fleetwood Tynehead neighborhood, where the population change between 2011 and 2016 was a remarkable 35.3%, which is High compared to average growth rates in the region.

Population density in this community is 4,746 people per square kilometer, which is High compared to other areas. The average size of families in the area is 3.1, which is Above Average in comparison to the whole region. Notably, 74.2% of families in the area have children, making it a family-friendly community. Additionally, 62.8% of the population is married or living common law, which is Above Average.

The average age of the population in the area is 35.9 years, which is Low compared to other BC cities.

When it comes to real estate, the average value of dwellings in this neighborhood is $459,308, which is Above Average compared to other areas in British Columbia. Average owner payments are also Above Average, with homeowners spending an average of $1,493 per month. Tenants, on the other hand, are paying an average of $1,254 per month, which is Above Average.

Interestingly, 16.5% of the population in the area are renters, which is Below Average compared to other BC cities and areas.

Finally, 20.9% of the population in the area use public transportation, which is Above Average. Meanwhile, 75.9% of the population use cars, which is