Surrey, BC Cheap Homes for Sale

Listings last updated 09/23/2022
    • 1 BedBd
    • 1 BathBa
    • Single Family
    Open House
    Sun, 25 Sep 11:30 AM to 1:30 PM
    Map
    $499,000 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sat, 24 Sep 2:00 PM to 4:00 PM
    Map
    $588,800 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $689,900 CAD
    • 2 BedsBds
    • 1 BathBa
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $455,000 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $694,000 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sat, 24 Sep 1:00 PM to 3:00 PM
    Map
    $699,900 CAD
    • 2 BedsBds
    • 2 BathsBa
    • 841 SqftSqft
    • Single Family
    Open House
    Sat, 24 Sep 2:00 PM to 4:00 PM
    Map
    $615,000 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $699,999 CAD
    • 1 BedBd
    • 1 BathBa
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $399,900 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sat, 24 Sep 2:00 PM to 4:00 PM
    Map
    $730,000 CAD
    • 1 BedBd
    • 1 BathBa
    • Single Family
    Open House
    Sat, 24 Sep 1:00 PM to 4:30 PM
    Map
    $438,000 CAD
    • 3 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $715,000 CAD
    • 2 BedsBds
    • 1 BathBa
    • Single Family
    Open House
    Sat, 24 Sep 2:00 PM to 4:00 PM
    Map
    $489,900 CAD
    • 1 BedBd
    • 1 BathBa
    • 583 SqftSqft
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $537,900 CAD
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    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sat, 24 Sep 2:00 PM to 4:00 PM
    Map
    $569,900 CAD
    • 1 BedBd
    • 1 BathBa
    • Single Family
    Open House
    Sat, 24 Sep 2:00 PM to 4:00 PM
    Map
    $399,900 CAD
    • 1 BedBd
    • 1 BathBa
    • Single Family
    Open House
    Sat, 24 Sep 2:00 PM to 4:00 PM
    Map
    $449,000 CAD
    • 2 BedsBds
    • 3 BathsBa
    • Single Family
    Open House
    Sun, 25 Sep 1:00 PM to 3:00 PM
    Map
    $739,000 CAD
    • 3 BedsBds
    • 2 BathsBa
    • 1,509 SqftSqft
    • Single Family
    Open House
    Sat, 24 Sep 12:00 PM to 2:00 PM
    Map
    $739,800 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $669,000 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sat, 24 Sep 2:00 PM to 4:00 PM
    Map
    $599,900 CAD
    • 2 BedsBds
    • 2 BathsBa
    • Single Family
    Open House
    Sun, 25 Sep 2:00 PM to 4:00 PM
    Map
    $599,000 CAD
1 - 24 of 556 Results

Frequently Asked Questions

Is it cheaper to build or buy a home?

Whether it’s less expensive to build or buy a home varies by market, so it’s essential to know all of the costs involved (detailed below) and get local estimates before deciding which route to take. For example, buying a house involves not only the price of the home (or the down payment if you’re taking out a mortgage), but also the closing costs, insurance, property taxes and homeowner’s association fees, if any. In addition, there’s the cost of repairing/replacing older systems and appliances, as well as renovating the home if it’s not a new construction. Likewise, building a home includes a variety of costs, as well. Specifically, there’s the price of the plot of land; hiring architects and engineers; building permit, inspection and impact fees; excavation and foundation costs. Plus, there’s the actual cost of construction (including labor, materials, finishes, appliances and utility hook-ups). Then, in the case of a land and/or construction loan, there are the associated closing costs, plus insurance, property taxes and the cost of landscaping. Moreover, you’ll also likely have to rent during the build, so you’ll have to factor in temporary housing costs, too.

Which province is the most affordable in terms of real estate?

If you’re looking for low-priced housing, some of the most budget-friendly homes for sale can usually be found in Saskatchewan, New Brunswick and Newfoundland and Labrador.

How many cheap properties for sale are available in Surrey, BC?

On Point2, you’ll find 556 affordable houses for sale in Surrey, BC, with prices starting at $299,900.

How do I search for cheap homes for sale in Surrey, BC?

Browse cheap houses for sale in Surrey, BC and check out property descriptions, photos and virtual tours. You can also narrow your search by filtering based on price drops, which can be especially useful when looking for cost-effective properties. Moreover, be sure to use the map view if you’re searching for cheap houses for sale near you.

CITY GUIDE
SURREY, BRITISH COLUMBIA

Positioned an hour away from Vancouver in Southern British Columbia, Surrey is one of the most diverse cities in Canada offering a great quality of life and a mild, West Coast climate. Situated in the Metro Vancouver area, Surrey has a population of over 500,000 people and is within close proximity to the mountains, the ocean, and Downtown Vancouver. The climate is much different to the rest of Canada, and the city enjoys wet, mild winters, and hot, rarely humid summers. Snow can be found in the nearby mountains, but seldom settles in the city in the colder months.

Surrey has a very diverse population comprising a mix of different ethnicities. Nearly half of the population is made up of ethnic minorities, notably South Asian, Korean, Filipino and Chinese. After English, Punjabi is the most commonly spoken language, followed by Hindi, Mandarin and Tagalog.

Surrey enjoys a thriving real estate market, with many buyers moving away from Vancouver and towards areas outside of the city, including Surrey. Surrey offers a range of different properties, from large luxury ranches and waterfront homes, to more affordable condos in family-friendly communities. Surrey’s main areas include South Surrey/ White Rock, Cloverdale, Fleetwood, Guildford, Whalley and Newton.

Popular areas in Surrey include: Cloverdale, Fleetwood, Guildford, Newton, South-Surrey, Whalley and White-Rock.

Surrey, British Columbia

Surrey, British Columbia
real estate market overview

Real Estate Market Overview

Located just an hour from Vancouver and accessible by public transit, Surrey is an attractive place to live and buyers are taking advantage of its proximity to the city and its larger lots of land and more affordable housing prices. Surrey, along with the rest of the Metro Vancouver area, has seen a big uplift in real estate in the last couple of years, which has been largely driven by international investors. However, since the introduction of the Foreign Buyer Tax in 2016, housing prices have stabilized and the market is beginning to balance out. Surrey now has a healthy level of inventory creating favourable conditions for buyers and choice on the market.

Surrey is starting to see more development in real estate and new home starts, largely driven by a low supply of resale homes and its growing population. Many people who desire homeownership are moving away from Vancouver, which is much more expensive, and are opting for areas like Surrey which offer lower prices. Although the last couple of years have caused prices in Metro Vancouver to skyrocket, the market is now much healthier, and a condo or apartment can be purchased for around $249,000. Single-detached homes are generally more expensive, with the benchmark price averaging around $849,000. The 15% Foreign Buyer Tax impacted homes in the wealthier areas, and luxury properties at the higher end of the market.

real estate market overview

Cheap Real Estate Market Overview

Surrey offers a cheaper alternative to real estate in places like Downtown Vancouver, North Vancouver, and Burnaby, as Surrey offers greater value for money and more affordable housing. The North Surrey area is affordable for first-time buyers and those looking to enter the property market, and it has easy access to the Trans-Canada Highway so is a great location for those who commute to Vancouver or the Fraser Valley Area.

Areas that boast more affordability in North Surrey include Guildford, Royal Heights and Bridgeview, where the benchmark price for a condo is around $244,000. Single-detached properties are less affordable than condos, averaging around $821,000, which is why first-time buyers and young families generally opt for condos as their first home. The North Delta area, which is 20 minutes outside of Downtown Surrey, and is closer to Downtown Vancouver, also boasts cheaper real estate with condos averaging around $202,000.

The Central Surrey area is also well priced and there is a high inventory of condos and townhouses for sale. Generally, properties here are resale and slightly older, and are well priced for first-time buyers. Affordable areas in Central Surrey include Panorama Ridge, Sullivan Station, and Fleetwood.

cheap real estate market overview

Read more about living in Surrey, British Columbia.

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