What Can $1 Million Buy You in Maple Ridge & Pitt Meadows?
What Can $1 Million Buy You in Maple Ridge & Pitt Meadows? A Real Estate Breakdown
When it comes to investing in real estate, $1 million is a significant budget, but in markets like Maple Ridge and Pitt Meadows, it’s crucial to understand what that sum will get you. Josh Craig from the WyantCraig Real Estate Group gives us the inside scoop on what $1 million can buy in these sought-after communities.
Detached Homes: Slim Pickings
If you’re dreaming of a detached home in Maple Ridge or Pitt Meadows with a $1 million budget, the options are limited. While you might find a standalone home, it’s likely to be on the smaller side, possibly requiring renovations or situated on a lot that holds most of the value.
Townhomes: Spacious and Varied
For those open to the idea of townhome living, your $1 million budget will stretch much further. Josh highlights that you can expect “a 1500 square foot + home, depending on quality and size.” Townhomes offer a balanced mix of size and community living, making them an excellent option for families or those looking for a bit more space without the upkeep of a detached home.
Condos: High-End Living
Condos present a diverse range of options for a $1 million budget. If you’re looking at wood-frame buildings, you could secure a larger unit with high-end finishings, perfect for those who value luxury in a more compact space. Josh mentions that “in concrete buildings, you’d be at the top end as well, with larger, really nice units that may offer a view.” Whether you’re looking for a low-maintenance lifestyle or something with a touch of luxury, condos in this price range won’t disappoint.
The Bottom Line
Maple Ridge and Pitt Meadows offer a variety of real estate options for those with $1 million to spend. From limited choices in detached homes to spacious townhomes and luxury condos, there’s something for every taste and need. As Josh wisely advises, there’s a lot to choose from, especially in the condo and townhome markets.
Ready to start your real estate journey in Maple Ridge or Pitt Meadows? Click the links below to book an appointment with the WyantCraig Real Estate Group.
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