1 Bedroom Apartment for Rent in New Westminster

Location

24 min on foot to 22nd Street (Expo Line), about 51 min to Waterfront.

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$1,550 is $395 below the middle of the 209 one-bedrooms we are tracking in New Westminster right now ($1,945). Most of them ask between $1,800 and $2,050.

A straight count of asking prices in the area, with nothing adjusted for — it does not care that this one may be bigger, smaller or better placed than the rest.

What the estimate cannot see

Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us.

This one is unusually forthcoming. It does state:

Worth reading — but too rare across the feed for us to put a number on.

The advertisement doesn’t say, and it matters:

• What floor is it on?
• Which way does it face?