Government Road

Lougheed Town Centre and Brentwood shopping nearby.

Government Road is mainly known for industrial and commercial properties, not primarily residential. Government Road is a North Burnaby neighbourhood offering established homes near industrial and light-commercial land.

Based on the area's character — north burnaby, industrial proximity — Government Road tends to suit buyers who want a turnkey home in an established community and investors and business owners rather than residential buyers. Manan can talk through whether it fits your specific situation.

Yes — as a licensed REALTOR® in British Columbia, Manan works with clients across the province, not just one sub-region, and can speak directly to Government Road's current inventory, pricing, and what makes it different from its neighbours.

As a general reference point, the Fraser Valley's composite benchmark price was $877,600 as of the most recent Fraser Valley Real Estate Board report, with detached homes at $1,350,200, townhomes at $764,100, and condos at $469,500. Where Government Road sits relative to those figures depends on housing type, lot size, and age of construction — Manan can pull current comparables specific to this area.

Market conditions across the Fraser Valley have recently favoured buyers, with inventory near decade highs and sales activity below year-ago levels — which can mean more negotiating room for buyers and a need for sharper pricing and presentation for sellers. Conditions shift, so it's worth a direct, current conversation with Manan rather than relying on general trends alone.