Metro Vancouver Average Home Values in 2011

Thinking about buying a new home? This map shows where may want to start your search. One other tip to keep in mind when searching for a new home: although the suburbs may seem like better value as you can get a bigger home for a lower cost, you should also consider the total cost of housing + transportation in your assessment of affordability. Long commutes are expensive, and they can also have a serious toll on your physical and mental health.



The template above is also a new format I am working on, I hope it looks nice and clean. I am also very interested in alternative methods of data visualization, especially when they add value to a story. In this case, there is significant variability within the dark colour class so I thought it would be interesting to see the raw data expressed as a vertical extrusion on a 3D map:



Keep in mind this is the average value reported by respondents on the 2011 National Household Survey from Statistics Canada, so values within each reporting unit may vary significantly. There are several drawbacks to this dataset, for example the data include only privately owned dwellings and do not have any adjustment for home size. Additionally, this survey data suffers from a significant response bias since the mandatory long form census was abandoned, so take these data with a grain of salt and seek out a estate agent to learn more about your own local market using market-based MLS data for your region. If I could get MLS data for this area, I would love to map it. Or if you have any other mapping ideas, let me know!

RELATED POSTS:

Assessed Property Value Changes in Vancouver from 2013 to 2014

2014 Vancouver City-Wide Property Values