Written by Jared Gibbons, REALTOR®
I help buyers and sellers review zoning, strata records, title charges, and neighbourhood comps across Surrey and South Surrey. I have been a licensed REALTOR® since 2015 with Royal LePage Little Oak Realty, with more than $500M in sales and 10 straight years in the FVREB Medallion Club (Top 1% of Fraser Valley Realtors). I ranked #8 of 5,061 Fraser Valley Realtors, Top 35 Under 35 at Royal LePage Canada, and Top 10 at Royal LePage BC. I grew up on a farm in Langley and live in Langley now. Call or text 604-928-1361 or send me a message.
Surrey Detached Homes Over $1.8M — Frequently Asked Questions
Which Surrey neighbourhoods have the most homes over $1.8M?
The largest concentrations of Surrey homes over $1.8M are in South Surrey (Elgin Chantrell, Ocean Park, Morgan Creek, Grandview Heights, Sunnyside Park), Fraser Heights in North Surrey, Panorama Ridge / Colebrook in Newton, and Cloverdale / Port Kells acreages.
What lot types and home sizes are common above $1.8M in Surrey?
Above $1.8M, Surrey inventory includes 3,800 to 6,500+ sq ft three-level custom builds on 6,000–14,000 sq ft urban lots, half-acre and full-acre Gross Density Suburban (GDS / RH-G) estates in Elgin Chantrell and Panorama Ridge, and 2- to 20-acre ALR farms in Cloverdale, South Surrey, and Port Kells.
How is BC Property Transfer Tax calculated on Surrey homes over $2M and $3M?
In British Columbia, Property Transfer Tax is charged at 1% on the first $200,000, 2% on the portion from $200,000 to $2,000,000, 3% on the portion from $2,000,000 to $3,000,000, and 5% on the residential value above $3,000,000.
Do custom homes over $1.8M in Surrey include legal suites or spice kitchens?
Many newer custom residences in Fraser Heights, Fleetwood, Panorama Ridge, Cloverdale, and Grandview Heights include wok/spice kitchens on the main floor and 1- or 2-bedroom legal secondary suites on the lower level, sometimes paired with a second in-law suite.
What servicing differences exist between urban estates and rural acreages in Surrey?
Urban lots in Fraser Heights, Morgan Creek, Grandview Heights, and Fleetwood connect to municipal water and sanitary sewer mains, while many half-acre and acreage properties in South Surrey, Port Kells, and West Cloverdale rely on private septic systems that require inspection prior to subject removal.
Which schools serve Surrey's $1.8M+ residential neighbourhoods?
Key public secondary schools include Elgin Park Secondary, Semiahmoo Secondary (IB), Grandview Heights Secondary, and Earl Marriott Secondary in South Surrey, Fraser Heights Secondary in North Surrey, and Panorama Ridge Secondary, alongside private schools Southridge School and Pacific Academy.
How do I evaluate rebuilding or custom-home value on a Surrey lot over $1.8M?
Before buying an older property for custom construction, review City of Surrey COSMOS zoning, Floor Area Ratio (FAR) limits, tree-protection bylaws, riparian setbacks, and sanitary/storm main depths, or compare Surrey vacant lots and land.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.