14788 74 Ave, Surrey, BC, MLS^® R3040026

Imagine you're walking through the vibrant East Newton neighborhood in Surrey, BC. Our home for sale, located at 14788 74 Avenue, MLS^® R3040026, is nestled in a desirable community with a mix of families and professionals.

Just down the road, you'll find Chimney Hill Elementary School, a highly-rated elementary school with a rating of 6.6/10, and it's just a stone's throw away from this property, situated 0.1 km from the school. Families love this area because of the excellent education options, and Chimney Hill Elementary School is a top choice for many local families.

In addition to Chimney Hill Elementary, Frank Hurt Secondary School is also nearby, located 1.82 km from this property, with a rating of 8.1/10. For those seeking a higher education option, Regent Christian Academy, an independent elementary school with a rating of 8.1/10, is just 1.76 km away from this home.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 14788 74 Avenue, Surrey, BC, has a crime rate of 7,512.73, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is -12.05%, indicating a decrease in crime over the past year.

Looking at the specific types of crime, we see that the drug crime rate is Above Average, with a rating of 390.7, and 2,339 illegal substances lawbreaking disturbances in 2020. However, the year-over-year change in the illegal substances offenses ranking is 16.32%, showing a slight increase.

On the other hand, property crimes in the neighborhood are Average, with a rating of 3,746.17, and 22,427 property misconduct incidents in 2020. The year-over-year change in the property misconduct rate is -16.98%, indicating a significant decrease in property-related crimes.

Violent crime rates in the area are Below Average, with a rating of 1,310.25, and 7,844 violent lawbreaking disorders in 2020. The year-over-year change in the violent crime rate is -11.37%, showing a decrease in violent crimes.

Now, let's explore the community and demographics. This neighborhood is home to a diverse group of residents, with 20.3% of the population holding a university certificate or degree, which is Average compared to other BC neighborhoods. On the other hand, 20.4% of the population in this area have no certificate or degree, also Average compared to the BC average.

The median household income in this neighborhood is $91,040, which is Above Average compared to the British Columbia average. However, the median personal income is $27,895, which is Below Average compared to the BC average. Interestingly, 73.1% of households in this area have a mortgage, which is High.

In terms of transportation, this neighborhood is well-connected, with the closest bus station, Westbound 72 Ave @ 148 St, just 0.36 km away from this property. Unemployment rates in the area are Average, at 7.2%.

The population growth in this area between 2011 and 2016 was 5%, which is Above Average compared to the average growth rate of this region. The population density per square kilometer is 3,670.2, which is High.

Families in this neighborhood are typically larger, with an average size of 3.2 people per household, which is High compared to the whole region. Moreover, 79.2% of families in this area have children, which is High, while 60.3% of residents are married or living common law, which is Average.

The average age of the population in this area is 37.3, which is Low compared to other BC cities. In terms of housing, the average value of dwellings in this neighborhood is $922,825, which is High compared to other areas in British Columbia.

As for housing costs, owners in this area spend an average of $1,992 per month on their dwellings, which is High. On the other hand, tenants in this area pay an average of $819 per month, which is Below Average compared to other cities.

Interestingly, 29.6% of the population in this area are renters, which is Above Average compared to other BC cities and areas. In terms of language, 3.1% of the population in this area speak neither English nor French, which is High.

Finally, 86.1% of residents in this area use cars as their primary mode of transportation, which is Average, while 11.4% use public transportation, which is Average.