Real Estate for Sale in Mission

Mission City is a compact municipality situated on the north bank of Fraser River, nestled between the valleys and mountains overlooking the Central Fraser Valley and southeast of Vancouver, British Columbia. With a population of 38,883 according to the 2016 Census Canada, Mission is a predominantly forested upland city surrounded by farmlands, the primary factors behind the city’s rapid growth during the 18th and 19th centuries.

Beyond the favorable terrain, Mission’s development was largely driven because of the construction of the only Canada-US railway junction in BC. This junction meant that anyone traveling from the US would need to pass through Mission to reach Canada. Recognizing the profit potential, a millionaire named James Welton Horne seized this opportunity and channeled his resources to the city’s advancement. He recruited as many workers and builders as he could find to erect all the structures a thriving city would require, dividing the city into 5,000 lots with 50 streets, echoing the American efficient city model. Additional investors began constructing buildings and other amenities in the area, drawing people seeking employment. The affordable land prices and the auction-style selling drew even more investors to the “Great Land Sale” held on May 19, 1891, and thanks to the swift development that ensued, Mission was incorporated as a district municipality in 1892.

As it has been throughout history, Mission City’s dominant industries were forestry, hydroelectricity, and agriculture, and they remain so to this day, supplemented by the recent addition of some manufacturing sectors. Mission is also home to the second largest tree farm in Canada and holds the only municipal tree farm license in British Columbia. The city was once celebrated as “Home of the Big Red Strawberry” owing to the extensive cultivation of berries and the summer Strawberry Festival, yet after the devastating flood in 1948, both the festival and the industry were abandoned. Diverse agricultural farmlands can be found stretching along the Fraser River, particularly in the Dewdney-Deroche district. Although the main industries remain forestry and agriculture, the largest employer is the school district and the municipality itself.

Because of the proximity to the Pacific Ocean, Mission’s climate is oceanic, characterized by abundant rainfall throughout the year with a drying trend through the summer months.

Numerous residents consider buying a home in Mission because of the outstanding value on offer. The city provides convenient access to outdoor life, stable employment, and top-rated schools. When compared to other Canadian real estate regions, Mission emerges as a compelling location to invest in property.

As of the latest reporting period, Mission’s median sale price sits at $745,250. This figure is calculated by identifying the mid-point price of all property sold within a specified period of time. To illustrate, if 4 condos changed hands last month and only 14 detached homes sold in the same time frame, then the median price would capture the mid-point between the 4 condos and the 14 detached homes sold during that interval. At present, Mission has 306 houses for sale, 71 townhomes for sale and 32 condos for sale.

Mission real estate market shows comparable indicators to the broader Fraser Valley and Canadian real estate markets.

The average house prices hover around the $610,000 mark with minimal month-over-month movement, yet a steady ascent over the years. By comparison, in 2014 the average price of homes in Mission stood at just $430,000, while in 2015 it reached $450,000. Property values continued climbing to where they are today, so if you want to invest in a home in Mission and resell later on, current conditions may not represent the ideal timing. Yet for those who want to secure a new affordable residence in Mission, spacious apartments sell for approximately $300,000 depending on the area.

Nearly every property listed on the Mission MLS moves quickly, with a 98% list-to-sale ratio and 22 days on the market on average. The most popular choice remains 3-bedroom detached houses, which are also currently the most sought-after type of properties for sale in Mission.

Monitor the local MLS ® closely to receive the freshest information about houses for sale in Mission. To receive the most current listings, configure a Mission MLS alert, which automatically delivers properties matching your criteria directly to your inbox as soon as they appear on the local MLS.

As previously noted, Mission real estate has been on a sustained upward path over recent years. There are new developments and structures going up regularly because of the attractiveness of Mission for newcomers.

The most expensive properties for sale in Mission are concentrated on the bank of Fraser River, where residences overlooking the waterway can command up to $1 million. There are also some more affordable options featuring slightly less space.

For more affordable housing options, you can explore the original locality where it all began – Harrison Mills. Here, purchasers will discover various property types at diverse price points, starting from $250,000 condos to $470,000 houses and reaching up to $700,000 multi-bedroom properties. What draws many residents to Harrison Mills is the proximity to the Fraser River.

To identify which community best aligns with your priorities, consult your local Mission Realtor ® or dedicate a weekend to checking out a few open houses in Mission. houses, condos and townhouses To refine your must-see list, consider checking out the hot-list, which evaluates all Mission communities based on a number of listings, sales price and how long homes remain on the market.

Numerous buyers elect to purchase in a neighbouring municipality and commute to their workplace. These purchasers seek larger homes and lots while maintaining reliable commuter access to Mission’s downtown core. Good options include Abbotsford, Maple Ridge, and Langley. Even cities requiring a somewhat extended commute, such as Vancouver, New Westminister and Chilliwack are good options as they present more affordably priced detached homes.

Mission’s population consists predominantly of younger adults with a median age of 36.4 years. The heritage of most residents is European Canadian, while the largest religious denomination is Protestants, trailed by Christians and Sikhs.

Most inhabitants opt to reside in private dwellings, with minimal vacancy rates. Mission also maintains a secondary dwelling program designed to address challenges with water, sewer, garbage, recycling and compost services, as well as law enforcement and parks and recreation.

Prior to purchasing a home in Mission, you may wish to examine the city’s demographics. Data is gathered and compiled by Census Canada. This snapshot of the city’s residents helps determine whether Mission is the ideal municipality for you and your family.

Mission is home to Fraser River Heritage Park, one of the most vibrant and nature-rich parks in all of British Columbia. There are many events taking place here throughout the year, encompassing car exhibitions, children and adult festivals, markets as well as boating and fishing tournaments.

When you’re in the area, be certain to visit the Mission Museum, home to many local artifacts and remnants of the local history. The museum itself occupies a 1907 building that originally served as a bank and also features an Edwardian garden where visitors can unwind after exploring. Mission also has a 700-seat performing arts theatre as well as multiple art galleries operated by the Mission Arts Council, which is also housed in a restored 1920 building and showcases works by the local Fraser Valley artists.

For motorsport enthusiasts, the 3-day event known as Smoke, Fire, and Thunder delivers pure adrenaline. Multiple races and competitions unfold during these three days, spanning jet car racing, hot rod, super shifters, super combo, and NHRA Summit ET Racing series—an experience worth prioritizing when you’re in the area.

In Mission, you can find many hiking trails winding through the municipal forest. These routes provide a distinctive window into the natural character of Mission, the local forestry industry and some of the most breathtaking panoramic views of Fraser Valley. In fact, the forest offers excellent conditions and trails for diverse outdoor pursuits like hiking, horseback riding, mountain biking and during winter, snowmobiling.

To learn more about the different recreational opportunities Mission provides, consult the leisure guide (http://www.mission.ca/leisureguide/) that is regularly published by the Mission administration. Within it, you can find everything you need regarding the local parks recreation, cultural programming, events, and fees associated with the municipality’s parks.

As a contemporary municipality, Mission is also making continuous strides toward becoming an eco-friendly community. It maintains a successful waste management program through which residents receive weekly curbside collection of compostables, recyclables, and garbage, as well as specific guidelines about sorting waste, handling plastics and glass, and which bags to use for each category.

The community is served by the Mission School District #75, which oversees 16 elementary schools (K-6), 2 middle schools (7-9), one secondary school (10-12), and one alternative secondary institution. Post-secondary education is provided by the Fraser Valley College University, which also maintains a campus in town.

As much as 85% of residents in Mission commute to work by car, yet there are additional transportation options. The local bus service is provided and operated by Central Fraser Valley Transit System, while transit to neighbouring municipalities is provided by the commuter rail West Coast Express. Residents can also opt to navigate around the city by bicycle or on foot, as there are many biking and walking trails around the city. Driving, however, remains the principal mode of transport.