Burnaby Land for sale in urban areas is in short supply because taxation and rising land value have resulted in most parcels being developed. New parcels of land are being created further away from the city center. Vacant Burnaby building lots for sale are rarely available. Most of the older homes that are for sale are tied together in land assemblies.
In more urban areas, a parcel of land can be created by demolishing an existing structure on it, or by assembling a collection of adjacent properties to create a larger parcel for higher density development. Sometimes, a larger parcel of land can be subdivided to create two or more smaller parcels which can be independently developed. Each approach has its pros and cons. We have extensive experience in this area – contact us to discuss the options.
Would you like to check and compare the property prices across Canada?
The Canadian Real Estate Association (CREA) displays by map the latest statistics for major markets and provinces across Canada, based on the MLS® reports provided by Real Estate Boards.
Learn about the HUGE changes in Real Estate market that are coming in January 2023. Canada Ban on Foreign Buyers, BC Home Buyer Rescission Period, BC End of Rentals and Age Restrictions in Strata Properties. These changes, together with the higher interest rates, will have an impact on Burnaby house prices, and the number of Burnaby single family homes for sale listings.
Explore more changes in the Federal Budget 2024!