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New Skytrain and Land Values

Just recently the Canadian Federal Government announced $1.3B in funding to help build the Surrey and Langley Skytrain expansion of the Expo Line.

The project will involve the construction of 8 Sky Train Stations, 3 Bus exchanges, Park and ride locations and an operation facility. And will finally connect Surrey and Langley to the mass transit grid that is the Vancouver SkyTrain

This has many residents and investors wondering how the new Skytrain will effect land values now and in years to come.

In this video, Surrey Real Estate Agent Steve Karrasch of Macdonald Realty explains the expected impact on values along the Fraser Hwy corridor.

If you have questions or are thinking about investing along the new transit line, please comment below. We always love to know your thoughts.

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