How the Surrey-Langley SkyTrain Will Impact Property Values

The Surrey-Langley SkyTrain extension is the single largest infrastructure project to impact Surrey's real estate market in a generation. Running 16 kilometres from King George Station to Langley City Centre, this $4-billion rapid transit line is expected to reshape property values along the entire corridor.

Historical data from previous SkyTrain extensions tells a compelling story. When the Evergreen Extension opened in 2016, properties within 800 metres of stations saw price increases of 10-15% above the regional average within three years. The Canada Line had an even more dramatic impact on Cambie Corridor properties in Vancouver.

Which Surrey Neighbourhoods Will Benefit Most? The new stations will be located at: • 140 Street (Whalley/City Centre) • 152 Street (Fleetwood) • 160 Street (Fleetwood/Fraser Heights border) • 166 Street • 184 Street (Cloverdale) • Langley City Centre

Properties within a 10-minute walk of these stations are already seeing increased buyer interest. Our analysis suggests: • Whalley/City Centre: Already priced in partially (+7.8% YoY), but further upside expected • Fleetwood: Currently at $1.38M avg — expect 5-8% additional appreciation as construction progresses • Cloverdale: The sleeper opportunity — historically undervalued relative to its charm, the SkyTrain will close the accessibility gap

For Homeowners Along the Corridor If you own property near a planned station, you're sitting on a significant windfall. However, timing your sale matters. Historical patterns show prices peak approximately 12-18 months before station opening, as buyers want to be settled before service begins. The current construction timeline targets 2028 completion.

For Buyers and Investors The window to buy at pre-transit pricing is narrowing but still open, especially in Fleetwood and Cloverdale where the full premium hasn't been priced in yet. Pre-construction condos near planned stations offer particularly strong upside potential.

24K Realty Group has been closely tracking this development and can provide detailed station-by-station analysis for buyers and sellers. Contact us at 778.592.4312 for a personalized consultation on how the SkyTrain extension affects your property strategy.