What can you get for the price of a benchmark Vancouver house in ... the Metro region?

While only separated by a SkyTrain stop, a bridge crossing or even a quick bike ride, home prices vary widely across the Metro Vancouver region.

According to our MLS board, the benchmark in different Metro communities varies by almost $2 million. At the high end is Vancouver West (the western half of the city) and West Vancouver, both above $3.1 million.

Meanwhile, a benchmark single detached home in Pitt Meadows or Maple Ridge is around $1.2 million.

So if you sold a benchmark house in the City of Vancouver (about $2.43 million) and used that money to buy property somewhere else in the Metro area, what could you get?

Vancouver's benchmark versus Metro Vancouver

In New Westminster, there's this six-bedroom, six-bathroom house spanning more than 3,500 square feet.

Built more than 110 years ago, the house at 1025 Hamilton St. offers more space than those in Vancouver, and a sense of history.

Over in North Vancouver (where a benchmark house is $2.1 million), a rancher-style home from the 1950s with five bedrooms and three bathrooms is selling for $2.448 million.

While it's similar to one of the homes in Vancouver, there is forest around the house at 1090 W Keith Rd., and it has a bit more living space at nearly 3,300 square feet.

In Richmond, the value proposition is similar to North Van. For example, there's a $2.439 million house at 6471 Gibbons Dr. with 3,200 square feet of living space, including four bedrooms and four bathrooms.

While it was built in the 1970s, it has recently been renovated and includes a huge walk-in closet off the master bedroom and a chef's kitchen. And a backyard.

A bit further from downtown Vancouver is 3626 Main Ave. in Belcarra, which is selling for $2.399 million.

With four bedrooms and four bathrooms spread over almost 3,800 square feet, it's substantially bigger than most houses for the same price in Vancouver. It's also on a large property, relatively speaking, has a narrow view of the water. It also has a sauna.

Soon to rival Vancouver for population, Surrey covers a much larger land area.

At 5242 Station Rd., just north of Mud Bay, there's a nearly 5,600-square-foot house with ocean views selling for $2.438 million. Tucked away in some trees, it has four bedrooms, four bathrooms, a big garage and greenhouse.

Meanwhile, in White Rock, on a smaller property at 15890 Russell Ave has a house that's pretty big, too. The 5,000-square-foot home covers most of the lot, and includes seven bedrooms, seven bathrooms, a home theatre, double garage, and features like solar panels and in-floor heating.

Further out from the city is 10043 246b St. in Maple Ridge. The 6-bedroom, 5-bathroom residence has plenty of fancier features like oak floors, a backyard putting green and heated triple garage.

This is part of our series comparing the price of a benchmark home in Vancouver to other regions. For more, check out articles comparing different areas. Up next is B.C.

If you're navigating this dynamic market, whether buying or selling, let's talk strategy. Our team can guide you through the most efficient processes, aiming to save you time, money, and hassle. Contact us today, and let's make your real estate journey successful!