New Construction | The purchase
New Build or Resale
A comparison worth making carefully, and one this site can only answer on one side, which is worth saying plainly.
The short answer
A new home comes with warranty coverage, current building code, current energy standards, and no deferred maintenance. It also attracts GST, which a used home does not. This site measures only newly built homes, so it cannot publish a resale price comparison.
Every newly built townhouse, half duplex, and row house on the market
1,412 active listings
- Median list price
- $1,349,900
- Median price per sq ft
- $819
- Median size
- 1,618 sq ft
- Median strata fee
- $369
- Median annual property tax
- $4,214
typical range $839,900 to $2,188,000
typical range $482 to $1,246
typical range 1,232 sq ft to 2,632 sq ft
typical range $225 to $684
656 of 1412 listings state one
typical range $1,684 to $7,684
451 of 1412 listings state one
Measured across 1,412 active listings on .
Where these homes are
Click a pin for the photo, the price, and a Street View link.
300 of 1,412 homes plotted. 1,075 more have coordinates but were left off to keep the map readable. The ones shown are spread evenly across the price range rather than taken from one end. 37 listings have no coordinates in the feed and cannot be placed. Click a pin for the photo, the price, and a Street View link. Zoom with the plus and minus buttons or by pinching.
Homes behind these numbers
$399,900133 601 HARRISON AVENUE
Coquitlam West · 1 bed · 431 sq ft
$449,900SL 1 320 N NANAIMO STREET
Hastings Sunrise · 1 bed · 572 sq ft
$509,900108 604 MADORE AVENUE
Coquitlam West · 1 bed · 576 sq ft
$555,000111 7161 17TH AVENUE
Edmonds · 1 bed · 626 sq ft
$579,900151 2451 N GRANDVIEW HIGHWAY
Renfrew Heights · 1 bed · 490 sq ft
$584,9009 7300 COPPERWOOD STREET
Lower Landing · 3 bed · 1,560 sq ft
$585,000106 4433 ALASKA STREET
Brentwood Park · 1 bed · 685 sq ft
$599,000B 2020 VIEWMOUNT COURT
FVREB Out of Town · 3 bed · 1,648 sq ft
$599,0001726 TEMPLETON DRIVE
Grandview-Woodland · 1 bed · 559 sq ft
$609,90062 8430 NOTTMAN STREET
Mission · 3 bed · 1,420 sq ft
$619,9002 595 E 49TH AVENUE
Fraser Street · 2 bed · 645 sq ft
$625,00011 520 W 28TH AVENUE
Cambie · 1 bed · 561 sq ft
1,396 more active listings are not shown here. Search every active listing . Prices are the list price. Most new homes have GST added on top.
What new gives you
Warranty coverage under the 2-5-10 framework, which a home past those periods does not have at all. Construction to the current building code rather than the code of an earlier era. Current energy standards, which show up in the monthly heating bill.
And no deferred maintenance. The roof, the windows, the plumbing, and the heating are all at the beginning of their life rather than somewhere in it.
What it costs extra
GST at five percent, which does not apply to a used residential home. On a new home that is a substantial sum, though the first-time buyers' rebate can remove it entirely below a threshold.
Against that, the newly built home property transfer tax exemption is available on a new home and can remove that tax entirely, which partially offsets the GST.
Why there is no price comparison here
This site's data covers homes built in the last two years and nothing else. There is no resale figure in it to compare against.
Publishing a new-versus-resale price gap would mean inventing a number, and that would undermine every measured figure elsewhere on the site. What we can measure and do publish is what the new-build premium buys.
Common questions
Is a new home worth the premium over resale?
It depends on what the older home needs. A new home has no deferred maintenance and carries warranty coverage; an older one may cost less on the day and considerably more over a decade. This site cannot give you a price gap because its data covers only newly built homes.
Do I pay GST on a resale home?
No. GST applies to newly built homes, not to used residential ones. That is a real cost difference, though the first-time buyers' GST rebate can remove it entirely below a threshold if you qualify.
Why does this page not compare prices?
Because our data is newly built homes only, so there is no resale figure in it. Publishing a comparison would mean inventing a number, which would make every other measured figure on the site less trustworthy.
Where these figures come from
- VanPlex active listings, MLS® data
Active townhouses, half duplexes, and row houses built in the last two years across Metro Vancouver and the Fraser Valley.
Checked
- Canada Revenue Agency, first-time home buyers' GST/HST rebate
Up to 100% of GST recovered to a maximum of $50,000 at or below $1M, reducing on a straight line to nothing at $1.5M. Royal Assent 12 March 2026.
Checked
- Government of BC, newly built home PTT exemption
Full exemption at $1,100,000 or less, partial to $1,150,000. Effective 1 April 2024.
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- BC Housing, new homes registry and warranty
Confirms a builder's licence and a home's 2-5-10 warranty coverage.
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See what is on the market
Every home in this search was built in the last two years, so everything in this hub applies to it. Filter by price, bedrooms, parking, and distance to a station.