74 1880 Columbia Valley Rd, Cultus Lake, BC, MLS^® R3030789

Welcome to 74 1880 Columbia Valley Road, Cultus Lake, BC!

As we walk through this beautiful community, I'm excited to share with you the unique charm and advantages of this amazing neighborhood. Located in the heart of Cultus Lake, this property offers the perfect blend of natural beauty, convenience, and opportunities for growth.

Education

Just down the road, you'll find John Calvin School, a highly-rated independent elementary school that's only 6.68 km from this home. With a rating of 8/10, this school is a shining example of what families love about this area. Plus, Highroad Academy, a top-notch secondary school, is just a short 15.76 km away, boasting a rating of 7/10. Your children will thrive in this excellent educational environment!

Safety and Crime

According to the latest statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 13,131.64, which is Above Average compared to other Canadian cities. However, with a remarkable -21.25% year-over-year decrease in crime rates, you can feel safe and secure in this community.

Demographics

Let's take a closer look at the demographics of the area. With 10.6% of residents holding a university certificate/degree, this neighborhood is Below Average compared to other BC neighborhoods. However, 19.1% of the population has no certificate or degree, which is Average compared to the rest of BC.

Median Household Income

The median household income in this area is $59,200, which is Below Average compared to the British Columbia average. Median personal income is $29,904, also Below Average compared to BC. However, with 53.5% of households having a mortgage, this neighborhood is a great investment opportunity.

Unemployment Rate

The unemployment rate in this area is a low 6.3%, which is Below Average compared to other provinces. This indicates a strong and stable economy, making it an attractive choice for businesses and residents alike.

Community Growth

This real estate is located in Cultus Lake South, an area that's experienced an average population growth rate of 0.9% between 2011 and 2016. With a population density of 4.5 people per square kilometer, this neighborhood is relatively quiet and peaceful.

Average Dwelling Value

The average value of dwellings in this neighborhood is a staggering $446,689, which is Above Average compared to other areas in British Columbia. This makes it an excellent investment opportunity for those looking to own a home in this beautiful area.

Owner and Tenant Payments

Average owner payments are Below Average in this area, with owners spending an average of $1,008 per month. Tenants, on the other hand, pay an average of $964 per month, which is Average compared to other cities.

Renters and Language

12.9% of the population in this neighborhood are renters, which is Below Average compared to other BC cities and areas. However, 94.8% of residents speak English only, which is Above Average.

Transportation

1.1% of the population in this area uses public transportation, which is Low. However, 92.4% of residents use cars, which is Above Average. 1.4% of people use bicycles, which is also Above Average, and 4.3% walk, which is Average.

In conclusion, 74 1880 Columbia Valley Road, Cultus Lake, BC (MLS^® R3030789) is a fantastic opportunity for those looking for a peaceful and convenient place to call home. With its excellent schools, Above Average crime rates, and stunning natural beauty, this property is sure to captivate your heart.