1 Bedroom Apartment for Rent in New Westminster

Location

14 min on foot to New Westminster (Expo Line), about 48 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

$1,700 is $150 below the middle of the 123 one-bedrooms we are tracking in New Westminster right now ($1,850). Most of them ask between $1,700 and $2,030.

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 ad does not give a floor area either, so size is not in it.

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?