Surrey Panorama Ridge

At a glance

Panorama Ridge is a large residential area of mostly detached houses and townhouses on a ridge overlooking the Fraser Valley. About 28% of homes are detached and 24% are apartments, 30% of households rent, and owners valued the median home at about $1.13M in the 2021 census.

Median home value (est.)

$1.11M^*

* est.: 2021 census, indexed to September 2026 · city $1.09M

Residents

52,010

scaled estimate for mid-2025, up from 48,243 at the 2021 census

Households renting

30%

city 36%

Homes that are apartments

24%

city 38%

What the numbers mean

• Owners valued the median home at $1.13M in the 2021 census. Indexed to September 2026 prices with the Greater Vancouver MLS® Home Price Index (-7% since then), that is about $1.11M, close to the Vancouver suburbs median of $1.09M. It is an estimate: the index tracks the whole region, not this neighbourhood.
• 30% of households rent, below the 36% city-wide.
• Housing is a mix: 24% apartments, with the rest townhouses, duplexes and houses.

Who lives here

Share of residents by age, scaled estimate for mid-2025, up from 48,243 at the 2021 census.

Homes

Share of homes by type, scaled estimate for mid-2025, up from 48,243 at the 2021 census.

Upfront closing costs¹

BC charges a tiered property transfer tax: 1% on the first $200,000, 2% to $2 million, then 3%, and 5% above $3 million. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.

BC property transfer tax

$20,280

on $1.11M

How it's changing

These municipalities don't publish building permits by neighbourhood, so we can't chart construction here yet.

Safety

Neighbourhood-level crime figures aren't available for Surrey. Policing there is by the RCMP or a municipal police department, and neither publishes open crime counts by neighbourhood. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.